Karat Packaging Inc.KRT

$30.25+1.00 (+3.42%)
NASDAQConsumer Cyclical24:00 UTC

Company snapshot

Market Cap
$607M
Small-cap
+56%
2021 — today
10-Year Price
+48%
2021 — today
52-Week Range
$21.06$30.41
Current $30.25· 98%

Karat Packaging Inc. is a company dedicated to the manufacturing and distribution of various single-use consumables. These items, crafted from materials such as traditional plastics, paper, and environmentally friendly biopolymer-based or other compostable forms, are primarily intended for use across the restaurant and broader foodservice sectors. Its product range is extensive, encompassing items like containers for food and carry-out orders, packaging bags, general tableware, drinking cups, matching lids, disposable cutlery, straws, specialized beverage components, necessary equipment, and protective gloves, many of which are sold under its "Karat Earth" label. The company supplies its merchandise to a diverse clientele, including national and regional wholesale distributors, large restaurant groups, retail outlets, and direct online purchasers. Furthermore, Karat Packaging offers supplementary services such as innovation in new product lines, graphic design, custom printing, and comprehensive logistics solutions. The firm was established in 2000 and operates from its main office situated in Chino, California.

Valuation in context

P/E ratio
19.1
Above average
Pricier than usual over the last 10 years
P/B ratio
3.9
Near historic high
Near historic highs — last 10 years
EV / EBITDA
10.5
Above average
Pricier than usual over the last 10 years
Dividend Yield
6.0%
Above average
Above the 10-year average
PEG ratio
1.4
Near historic high
Near historic highs — last 10 years
FCF Yield
4.7%
Below average
Below the 10-year average
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