Analyzing Karat Packaging (KRT) and Its Peers

Karat Packaging (NASDAQ:KRTGet Rating) is one of 21 publicly-traded companies in the “Plastics products, not elsewhere classified” industry, but how does it contrast to its rivals? We will compare Karat Packaging to similar businesses based on the strength of its analyst recommendations, institutional ownership, profitability, valuation, earnings, risk and dividends.

Insider & Institutional Ownership

20.7% of Karat Packaging shares are held by institutional investors. Comparatively, 72.5% of shares of all “Plastics products, not elsewhere classified” companies are held by institutional investors. 8.0% of shares of all “Plastics products, not elsewhere classified” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Karat Packaging and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Karat Packaging 5.70% 19.79% 10.45%
Karat Packaging Competitors 3.94% 3.26% 5.07%

Analyst Ratings

This is a summary of recent ratings and recommmendations for Karat Packaging and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Karat Packaging 0 0 5 0 3.00
Karat Packaging Competitors 116 676 797 43 2.47

Karat Packaging currently has a consensus price target of $26.00, suggesting a potential upside of 35.84%. As a group, “Plastics products, not elsewhere classified” companies have a potential upside of 38.78%. Given Karat Packaging’s rivals higher possible upside, analysts plainly believe Karat Packaging has less favorable growth aspects than its rivals.

Valuation & Earnings

This table compares Karat Packaging and its rivals gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Karat Packaging $364.24 million $20.78 million 17.56
Karat Packaging Competitors $2.32 billion $139.30 million 17.41

Karat Packaging’s rivals have higher revenue and earnings than Karat Packaging. Karat Packaging is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Karat Packaging Company Profile (Get Rating)

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.

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