Karat Packaging Inc. (KRT)

Plastics Products, NEC

Latest Price

$53.97

TTM P/E

21.76

Normalized P/E

32.38

TTM Div Yield

3.31%

Fwd Div Yield

3.46%

Book Value

8.34

P/B Ratio

6.47

Valuation metrics

EPS: $1.56

Book value / share: $7.49

Formula: √(22.5 × EPS × BVPS)

Graham Number

$16.21

70% downside

Norm. op. income: $38M (median of 5yr)

Tax rate: 23%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$16.49

69% downside

Base FCF: $33M (median of recent 5yr)

Growth: 9%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$40.00

26% downside

EPS: $1.56

Target P/E: 32×

Formula: EPS × P/E

P/E Fair Value

$49.92

8% downside

33.6% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	592.9K	$19.0M	2.98%	+23.9K	2026-06-30
Vanguard Capital Management LLC	390.2K	$13.0M	1.96%	+2.3K	2026-06-30
Ranger Investment Management, L.P.	332.6K	$11.0M	1.67%	+7.5K	2026-06-30
Geode Capital Management, LLC	291.9K	$9.0M	1.47%	+77.6K	2026-06-30
American Century Companies Inc	263.5K	$8.0M	1.32%	+1.6K	2026-06-30
Dimensional Fund Advisors LP	240.1K	$8.0M	1.21%	+21.7K	2026-06-30
Russell Investments Group, Ltd.	231.7K	$7.0M	1.16%	+31.1K	2026-06-30
Bank of Montreal	230.8K	$7.0M	1.16%	-121	2026-06-30
Two Sigma Investments, LP	228.3K	$7.0M	1.15%	--	2026-06-30
AQR Capital Management LLC	225.3K	$7.0M	1.13%	+62.0K	2026-06-30