Karat Packaging Inc.
Karat Packaging Inc. (KRT) is listed on NASDAQ and classified in Packaging & Containers, part of the Consumer Cyclical sector. It is headquartered in Chino, United States and has 636 employees. The company is worth $1.06B and trades at 21.3x its earnings of the last twelve months; the median for its sector is 17.7x. Revenue was $467.74M in fiscal 2025, up 10.7% from the year before. Net income was $31.48M. The share price is 4.9% below its 52-week high of $56.06. It pays a dividend yielding 3.53%. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $7.64M. In that quarter, 2 of them opened or added to the position and 1 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +142.4% over 5Y.
today you would have $2,999.64▲ +200.0%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 5 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Year-end price | $22.57 | $30.26 | $24.85 | $14.37 | $20.21 | |
| P/E | 15.2x | 14.5x | 20.3x | 15.2x | 12.1x | 18.0x |
| P/S | 1.1x | 1.0x | 1.4x | 1.2x | 0.7x | 1.1x |
| P/B | 3.2x | 3.0x | 3.9x | 3.2x | 2.0x | 3.3x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 6.7% a year plus a 3.5% dividend yield. Growth capped at 25%.
Median P/E of 17.7 among peers in the sector.
Median P/E of 15.2 across this company’s own years on record.
Cash flow growing 6.7% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 10.3x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 0.0% a year against a 7.8% required return, from the stock’s beta.
Companies of similar size in Consumer Cyclical, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| ANDGAndersen Group Inc. | $58.27 | 19.0x | — | 0.00% | -67.12% | $1.08B |
| WINAWinmark Corp | $285.97 | 25.1x | — | 4.88% | — | $1.03B |
| DCHDauch Corp | $4.69 | — | 0.7x | 0.00% | -15.04% | $1.11B |
| TRIPTripAdvisor, Inc. | $9.67 |
| EPS |
| $1.56 |
| $1.49 |
| $1.63 |
| $1.19 |
| $1.12 |
| Dividend yield | 4.67% | 7.98% | 5.12% | 4.23% | 2.44% | — |
| Payout | 84.22% | 115.38% | 104.03% | 64.42% | 29.41% | — |
| Profit margin | 6.73% | 6.73% | 7.09% | 8.00% | 5.59% | 5.70% |
| ROE | 19.27% | 21.07% | 19.27% | 21.07% | 16.69% | 16.91% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
7 methods answered, across 4 families.
Room for errors in the reported numbers.
-46.8% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 96.7x |
| 1.7x |
| 0.00% |
| -0.23% |
| $1.13B |
| LGIHLGI Homes, Inc. | $42.77 | 15.1x | 0.5x | 0.00% | 3.16% | $994.33M |
| OIO-I Glass, Inc. | $6.41 | — | 2.6x | 0.00% | -118.34% | $984.96M |