-1.20%
3.21%
16.97%
4.55%
29.48%
88.93%
68.27%
AI Spotlight on KRT
Company Description
Karat Packaging Inc.manufactures and distributes single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings.It provides food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other products under the Karat Earth brand.
The company offers its products to domestic and regional distributors, restaurant chains, retail establishments, and online customers.It also provides new product development, design, printing, and logistics services.Karat Packaging Inc.
was founded in 2000 and is based in Chino, California.
Market Data
| Last Price | 31.23 |
| Change Percentage | -1.20% |
| Open | 31.41 |
| Previous Close | 31.61 |
| Market Cap ( Millions) | 625 |
| Volume | 2313 |
| Year High | 33.14 |
| Year Low | 23.1 |
| M A 50 | 30.41 |
| M A 200 | 28.1 |
Financial Ratios
| FCF Yield | 7.86% |
| Dividend Yield | 4.96% |
| ROE | 18.13% |
| Debt / Equity | 59.72% |
| Net Debt / EBIDTA | 98.18% |
| Price To Book | 3.97 |
| Price Earnings Ratio | 22.12 |
| Price To FCF | 12.73 |
| Price To sales | 1.5 |
| EV / EBITDA | 12.14 |
News
- Nov -09 - Karat Packaging, Inc. (KRT) Q3 2024 Earnings Call Transcript
- Nov -08 - Karat Packing (KRT) Q3 Earnings and Revenues Miss Estimates
- Nov -07 - Karat Packaging Reports 2024 Third Quarter Financial Results
- Oct -24 - Karat Packaging to Report 2024 Third Quarter Financial Results and Host Conference Call on Thursday, November 7, 2024
- Aug -28 - Karat Packaging to Present at Lake Street's 8th Annual Best Ideas Growth Conference, September 12
- Aug -19 - Karat Packaging (KRT) Stock Dips on Q2 Earnings & Revenue Miss
- Aug -10 - Karat Packaging Inc. (KRT) Q2 2024 Earnings Call Transcript
- Aug -08 - Karat Packaging Reports 2024 Second Quarter Financial Results
- Aug -07 - Karat Packaging Board Declares Special Cash Dividend and Regular Quarterly Cash Dividend
- Jul -25 - Karat Packaging to Report 2024 Second Quarter Financial Results and Host Conference Call on Thursday, August 8, 2024
- Jul -06 - 7 Small-Cap Stocks With Massive Potential Returns
- May -21 - Karat Packaging to Participate in Two June Investor Conferences
- May -14 - Karat Packaging (KRT) Q1 Earnings & Revenues Miss Estimates
- May -11 - Karat Packaging Inc. (KRT) Q1 2024 Earnings Call Transcript
- May -10 - Karat Packaging: Shift In Business Model Could Be A Moat Source
- May -09 - Karat Packaging Reports 2024 First Quarter Financial Results
- May -07 - Karat Packaging Board Declares Increase in Quarterly Cash Dividend
- Mar -15 - Karat Packaging (KRT) Q4 Earnings Miss Mark, Revenues Up Y/Y
- Mar -15 - Karat Packaging Inc. (KRT) Q4 2023 Earnings Call Transcript
- Mar -14 - Karat Packaging Reports Fourth Quarter and Full Year 2023 Financial Results
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Distributors
Expected Growth : 7.5 %
What the company do ?
Distributors from Karat Packaging Inc. are authorized partners that purchase and resell Karat's eco-friendly packaging products to businesses and consumers.
Why we expect these perspectives ?
Karat Packaging Inc.'s distributors segment growth of 7.5% is driven by increasing demand for sustainable and eco-friendly packaging solutions, expansion into new markets, and strategic partnerships with e-commerce companies. Additionally, the rise of online shopping and the need for efficient supply chain management are contributing to the segment's growth.
Segment n°2 -> National and Regional Chains
Expected Growth : 8.5 %
What the company do ?
National and Regional Chains from Karat Packaging Inc. refers to a segment of customers comprising large national and regional chain restaurants, cafes, and foodservice providers.
Why we expect these perspectives ?
National and Regional Chains from Karat Packaging Inc. achieved 8.5% growth driven by increasing demand for sustainable packaging, expansion into new markets, and strategic partnerships. Additionally, the company's focus on innovative products, efficient supply chain management, and cost savings initiatives contributed to its growth.
Segment n°3 -> Online
Expected Growth : 9.0 %
What the company do ?
Online from Karat Packaging Inc. refers to the e-commerce platform offering eco-friendly and sustainable packaging solutions for businesses.
Why we expect these perspectives ?
Karat Packaging Inc.'s 9.0% online growth is driven by increasing e-commerce adoption, rising demand for sustainable packaging, and expanding product offerings. Additionally, strategic partnerships, investments in digital marketing, and efficient supply chain management contribute to the company's online segment growth.
Segment n°4 -> Retail
Expected Growth : 7.0 %
What the company do ?
Retail from Karat Packaging Inc. refers to the sale of disposable food and beverage packaging products to restaurants, cafes, and other foodservice establishments.
Why we expect these perspectives ?
Karat Packaging Inc.'s 7.0% retail growth is driven by increasing demand for sustainable and eco-friendly packaging, expansion into new markets, and strategic partnerships with e-commerce companies. Additionally, the company's focus on innovative products, such as biodegradable packaging solutions, has contributed to its growth.
Karat Packaging Inc. Products
| Product Range | What is it ? |
|---|---|
| Food Service Containers | Karat Packaging Inc. offers a wide range of food service containers made from sustainable materials, perfect for restaurants, cafes, and food establishments. |
| Bakery and Pastry Containers | Karat's bakery and pastry containers are designed for displaying and serving fresh baked goods, pastries, and desserts. |
| Cups and Lids | Karat Packaging Inc. offers a variety of cups and lids made from eco-friendly materials, suitable for hot and cold beverages. |
| Cutlery and Utensils | Karat's cutlery and utensils are made from sustainable materials, perfect for food service establishments and events. |
| Trays and Platters | Karat Packaging Inc. offers a range of trays and platters designed for serving and displaying food, perfect for catering services and events. |
| Custom Packaging Solutions | Karat Packaging Inc. provides custom packaging solutions tailored to meet the specific needs of businesses in the food service industry. |
Karat Packaging Inc.'s Porter Forces
Threat Of Substitutes
Karat Packaging Inc. faces moderate threat from substitutes due to the availability of alternative packaging materials and suppliers.
Bargaining Power Of Customers
Karat Packaging Inc. has a diverse customer base, which reduces the bargaining power of individual customers.
Bargaining Power Of Suppliers
Karat Packaging Inc. relies on a few large suppliers for raw materials, giving them moderate bargaining power.
Threat Of New Entrants
The packaging industry has high barriers to entry, making it difficult for new entrants to compete with Karat Packaging Inc.
Intensity Of Rivalry
The packaging industry is highly competitive, with many established players competing for market share, leading to a high intensity of rivalry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 26.06% |
| Debt Cost | 3.95% |
| Equity Weight | 73.94% |
| Equity Cost | 9.17% |
| WACC | 7.81% |
| Leverage | 35.24% |
Karat Packaging Inc. : Quality Control
Karat Packaging Inc. passed 8 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| TRS | TriMas Corporation designs, develops, manufactures, and sells products for consumer products, aerospace, and industrial markets worldwide. It operates through three segments: Packaging, Aerospace, and Specialty Products. The Packaging segment offers … |
| TUP | Tupperware Brands Corporation operates as a consumer products company worldwide. The company manufactures, markets, and sells design-centric preparation, storage, and serving solutions for the kitchen and home, as well as … |
| PTVE | Pactiv Evergreen Inc. manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in North America. It operates through three segments: Foodservice, Food Merchandising, and Beverage Merchandising. … |
| WEYS | Weyco Group, Inc. designs and distributes footwear for men, women, and children. It operates through two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced … |
| MYE | Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through The Material Handling and Distribution segments. The Material Handling segment offers pallets, small parts bins, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Karat Packaging
A-Score
1-Year Total Return ->
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Weyco
A-Score
1-Year Total Return ->
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Myers Industries
A-Score
1-Year Total Return ->
4
TriMas
A-Score
1-Year Total Return ->
5
Pactiv Evergreen
A-Score
1-Year Total Return ->
6
