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KARNEL-B.ST$80.20+4.02%
Fair $80.20+0.0%

KARNEL-B.ST

KARNEL-B.ST

Industrials / ConglomeratesStockholm

$80.20

+3.10 (+4.02%)

Fairly Valued+0.0%Fair Value $80.20Fund rank 36/100 · Data gapFallback financials|
SA 72/B
F-Score: 8/9

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 24% · confianza 25%

FCF escenarios

weak_data · normalized FCF $121.7M · quality 71.7/100

Data gap 36/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 71/100Data 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

72/100

B

Piotroski

8/9

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. Sector-specific holding-company NAV/SOTP model required: targets are disabled until look-through holdings, debt and discount data exists.
Thesis & Journal · KARNEL-B.STLocal privado en este navegador · KARNEL-B.ST
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

$4.3B

P/E

29.6x

↑

EV/EBITDA

14.8x

↑

ROE

11.5%

↑

Gross Margin

36.1%

↑

Debt/Equity

0.42

↑
52-Week Range$80
$53$86

TradingView lightweight chart

KARNEL-B.ST price, volumen y niveles de valoración

Último $80.20Periodo +91.0%
Fair value: $80.20

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

+24.4%

FCF CAGR

+112.8%

FCF margin

9.6%

FCF / Net income

1.15x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.70B · net income $141.5M · FCF $163.1M

2022-FY → 2025-FY

Gross margin

36.1%+4.8% pts

Operating margin

12.2%+1.3% pts

Net margin

8.3%+4.0% pts

FCF margin

9.6%+7.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.70B$1.70B$1.41B$1.10B$880.1M
Net Income$141.5M$141.5M$77.5M$77.4M$38.2M
EBITDA$325.7M$325.7M$236.6M$193.5M$116.8M
EPS2.592.591.491.480.94
Gross Margin36.1%36.1%35.7%34.3%31.2%
Operating Margin12.2%12.2%10.7%12.0%10.9%
Net Margin8.3%8.3%5.5%7.0%4.3%
Balance Sheet
Debt/Equity0.420.420.510.570.71
Current Ratio2.042.04———
Cash Flow
Free Cash Flow$163.1M$163.1M$121.7M$106.3M$16.9M
Returns
ROE11.5%11.5%6.7%10.0%6.5%
Valuation
P/E29.5929.5929.18——
EV/EBITDA14.8414.8410.87——
P/B3.543.541.94——
Growth & Yield
Revenue Growth20.3%20.3%27.8%25.4%—
EPS Growth73.8%73.8%0.5%57.7%—

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

40.1%

muy exigente

EPS terminal req.

$7.12

Spread vs growth

33.8%

5Y implied EPS CAGR

27.2%

muy exigente

EPS terminal req.

$8.61

Spread vs growth

46.7%

10Y implied EPS CAGR

18.3%

exigente

EPS terminal req.

$13.87

Spread vs growth

55.6%

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 +48.0%

Total return

+48.0%

Start / end P/E

36.4x → 31.0x

EPS bridge

1.49 → 2.59

Residual

-11.0%

EPS growth+73.8%
Multiple rerating-14.9%
Dividend+0.0%
Residual / FX / buybacks / cross-term-11.0%

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.