Karat Packaging Inc. (KRT) intrinsic value & 10-year financials
Karat Packaging Inc. (KRT) has a Graham intrinsic value of $29.37 per share. At $53.31 on Oct 17, 2026, the stock trades 82% above that value. Over the last 7 fiscal years revenue grew 9.6% a year to $467.7M, with an average return on invested capital of 25.1%.
- Graham intrinsic value
- $29.37
- Share price (Oct 17, 2026)
- $53.31
- Price vs Graham value
- 82% above
- Market cap
- $1.1B
- Revenue (FY2025)
- $467.7M
- Revenue growth (7-yr CAGR)
- 9.6%
- ROIC (10-yr avg)
- 25.1%
- Free cash flow (FY2025)
- $33.1M
KRT 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $467.7M | $31.5M | $1.56 | $33.1M | 8.9% | 19.7% |
| FY2024 | $422.6M | $30.0M | $1.49 | $47.0M | 8.9% | 18.3% |
| FY2023 | $405.7M | $32.5M | $1.63 | $50.5M | 10.4% | 22.5% |
| FY2022 | $423.0M | $23.6M | $1.19 | $26.8M | 7.1% | 18.3% |
| FY2021 | $364.2M | $20.8M | $1.12 | $4.5M | 6.4% | 23.0% |
| FY2020 | $295.5M | $17.5M | $1.13 | -$15.0M | 9.4% | 48.7% |
| FY2019 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Karat Packaging Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Karat Packaging Inc. has earned high returns on invested capital, averaging 25.1% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Karat Packaging Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Karat Packaging Inc. is modeled at 6.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $29.37 per share.