Karat Packaging Inc KRT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
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U.S. ports strike could create disruption, but opportunity for these distribution companies
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Karat Packaging to Present at Lake Street’s 8th Annual Best Ideas Growth Conference, September 12
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Karat Packaging Reports 2024 Second Quarter Financial Results
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Karat Packaging Board Declares Special Cash Dividend and Regular Quarterly Cash Dividend
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Karat Packaging to Report 2024 Second Quarter Financial Results and Host Conference Call on Thursday, August 8, 2024
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Global Consumer Packaged Goods Market Expected to Reach $244 Billion as a Result of Higher Consumption by Consumers
Trading Information
- Previous Close Price
- $25.22
- Day Range
- $25.26–25.60
- 52-Week Range
- $17.23–30.94
- Bid/Ask
- $25.48 / $33.48
- Market Cap
- $510.17 Mil
- Volume/Avg
- 11,191 / 44,403
Key Statistics
- Price/Earnings (Normalized)
- 16.17
- Price/Sales
- 1.25
- Dividend Yield (Trailing)
- 4.71%
- Dividend Yield (Forward)
- 5.49%
- Total Yield
- 4.71%
Company Profile
Karat Packaging Inc is engaged in the manufacturing and distribution of disposable products used in restaurants and food service settings. It offers products for the foodservice industry, including food packaging, containers, tableware, cups, lids, cutlery, and straws. These products are available in plastic, paper, biopolymer-based and other compostable forms. Its product line includes a variety of brands such as Tea Zone, Karat, Karat Earth, and Total Clean.
- Sector
- Consumer Cyclical
- Industry
- Packaging & Containers
- Stock Style Box
- Small Value
- Total Number of Employees
- 778
- Website
- https://www.karatpackaging.com
Comparables
Valuation
|
Metric
|
KRT
|
002969
|
601515
|
|---|---|---|---|
Price/Earnings (Normalized) | 16.17 | 16.90 | 102.16 |
Price/Book Value | 3.23 | 1.33 | 1.03 |
Price/Sales | 1.25 | 1.00 | 3.55 |
Price/Cash Flow | 9.85 | 6.80 | 15.51 |
Price/Earnings
KRT
002969
601515
Financial Strength
|
Metric
|
KRT
|
002969
|
601515
|
|---|---|---|---|
Quick Ratio | 1.54 | 0.88 | 4.52 |
Current Ratio | 3.05 | 1.38 | 5.30 |
Interest Coverage | 17.54 | 5.57 | — |
Quick Ratio
KRT
002969
601515
Profitability
|
Metric
|
KRT
|
002969
|
601515
|
|---|---|---|---|
Return on Assets (Normalized) | 11.38% | 4.41% | −1.34% |
Return on Equity (Normalized) | 21.05% | 7.58% | −1.74% |
Return on Invested Capital (Normalized) | 13.68% | 6.62% | −2.01% |
Return on Assets
KRT
002969
601515
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United States