Karat Packaging
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
12.82N/A
Price/Sales ratio
1.091.03
Earnings per Share (EPS)
$2.02N/A

Historical Multiples (2017 – 2023)

2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
60.0716.89K163.5316.0819.2612.0415.2321.2718.67
Price/Sales ratio
1.952.021.250.951.090.671.211.441.10
Price/Book Value ratio
25.5425.3117.918.693.252.013.203.826.25
Price/Cash Flow ratio
272.75130.58-8.81K19.3646.119.669.2612.0132.74
Price/Free Cash Flow ratio
-60.62-12.15-8.09-12.84-108.1119.3411.2212.23-10.46
Price/Earnings Growth ratio
N/A-169.840.010.01-2.210.900.410.210.01
Dividend Yield
0.25%0.35%N/A0.21%N/A2.44%4.69%5.16%0.10%
Profitability Indicator Ratios
Gross Profit Margin
29.49%24.77%27.13%30.15%29.60%31.22%37.72%37.57%28.64%
Operating Profit Margin
4.28%1.21%2.59%9.37%6.35%7.09%10.37%9.09%9.23%
Pretax Profit Margin
3.31%0.88%1.30%7.41%7.55%7.68%10.59%8.95%4.36%
Net Profit Margin
3.24%0.01%0.76%5.92%5.70%5.59%8.00%6.78%3.34%
Effective Tax Rate
2.06%108.01%26.51%23.98%18.48%20.53%22.80%21.90%22.94%
Return on Assets
7.09%0.02%1.29%9.67%10.00%9.37%11.74%9.21%9.84%
Return On Equity
42.52%0.14%10.95%54.05%16.90%16.69%21.06%18.12%36.09%
Return on Capital Employed
32.53%6.00%5.99%20.07%13.08%14.09%18.13%15.02%17.54%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/A3.12N/A
Quick Ratio
0.300.290.710.711.441.331.871.820.71
Cash ratio
0.010.010.020.010.210.400.510.710.01
Days of Sales Outstanding
30.3431.4035.2329.4432.8425.8124.9829.6729.55
Days of Inventory outstanding
105.4081.6378.9086.5883.2389.35103.3599.5482.74
Operating Cycle
135.74113.04114.13116.02116.07115.16128.33129.22115.08
Days of Payables Outstanding
64.5551.1753.7544.4029.1429.4834.3132.8138.60
Cash Conversion Cycle
71.1861.8660.3871.6286.9385.6794.0196.4166.00
Debt Ratios
Debt Ratio
0.510.510.550.540.170.180.190.150.35
Debt Equity Ratio
3.063.524.713.020.290.330.350.301.65
Long-term Debt to Capitalization
0.420.450.810.720.220.220.230.230.47
Total Debt to Capitalization
0.750.770.820.750.220.240.260.230.49
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/A17.76N/A
Cash Flow to Debt Ratio
0.030.05-0.000.140.230.620.981.020.07
Company Equity Multiplier
5.996.848.475.581.681.771.791.953.76
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.000.01-0.000.040.020.060.130.120.02
Free Cash Flow / Operating Cash Flow Ratio
-4.49-10.741.08K-1.50-0.420.490.820.98543.66
Cash Flow Coverage Ratio
0.030.05-0.000.140.230.620.981.020.07
Short Term Coverage Ratio
0.030.07-0.001.287.365.399.0142.930.63
Dividend Payout Ratio
15.38%5928.57%N/A3.45%N/A29.44%71.46%103.66%53.56%