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v0.1
KAR.ST$71.70+0.57%
Fair $71.70+0.0%

KAR.ST

Karnov Group AB (publ)

Industrials / Specialty Business ServicesStockholm

$71.70

+0.40 (+0.57%)

Fairly Valued+0.0%Fair Value $71.70Fund rank 36/100 · Data gapFallback financials|
SA 54/C
F-Score: 7/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 22% · confianza 25%

FCF escenarios

weak_data · normalized FCF $170.6M · quality 70.0/100

Data gap 36/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 77/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

54/100

C

Piotroski

7/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified.
Thesis & Journal · KAR.STLocal privado en este navegador · Karnov Group AB (publ)
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$7.0B

P/E

8.1x

↓

EV/EBITDA

5.8x

↓

ROE

29.9%

↑

Gross Margin

87.7%

↑

Debt/Equity

0.67

↑
52-Week Range$72
$63$129

TradingView lightweight chart

KAR.ST price, volumen y niveles de valoración

Último $70.90Periodo +60.0%
Fair value: $71.70

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+33.4%

FCF CAGR

-2.3%

FCF margin

6.5%

FCF / Net income

0.18x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $2.64B · net income $970.8M · FCF $170.6M

2022-FY → 2025-FY

Gross margin

87.7%+1.9% pts

Operating margin

42.5%+35.4% pts

Net margin

36.8%+31.4% pts

FCF margin

6.5%-10.0% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$2.64B$2.64B$2.59B$2.47B$1.11B
Net Income$970.8M$970.8M$-33.1M$38.2M$59.9M
EBITDA$1.56B$1.56B$514.1M$548.4M$313.9M
EPS8.988.98-0.310.350.55
Gross Margin87.7%87.7%86.5%85.2%85.8%
Operating Margin42.5%42.5%5.6%6.3%7.1%
Net Margin36.8%36.8%-1.3%1.5%5.4%
Balance Sheet
Debt/Equity0.670.671.211.041.19
Current Ratio0.590.59———
Cash Flow
Free Cash Flow$170.6M$170.6M$147.8M$174.0M$182.8M
Returns
ROE29.9%29.9%-1.4%1.6%2.6%
Valuation
P/E8.158.15—153.66105.58
EV/EBITDA5.785.7822.4614.3326.77
P/B2.392.393.832.512.73
Growth & Yield
Revenue Growth1.9%1.9%4.8%122.2%—
EPS Growth2996.8%2996.8%-187.7%-36.2%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

-10.9%

fácil

EPS terminal req.

$6.36

Spread vs growth

3007.6%

5Y implied EPS CAGR

-3.0%

fácil

EPS terminal req.

$7.70

Spread vs growth

2999.8%

10Y implied EPS CAGR

3.3%

fácil

EPS terminal req.

$12.40

Spread vs growth

2993.5%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -24.2%

Total return

-24.2%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.31 → 8.98

Residual

-24.2%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-24.2%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.