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Karel Valuation Multiples
Discover revenue and EBITDA valuation multiples for Karel and similar public comparables like Richardson Electronics, Audinate Group, Radcom, B&C Speakers and more.
Karel Overview
About Karel
Karel Elektronik Sanayi ve Ticaret AS is a Turkey-based company engaged in designing, developing, producing and marketing telecommunication equipment. The company's products include PBX systems, phones, GSM Terminals, Wireless (DECT) Systems, VoIP and Network Products and Other Products.
Founded
1986
HQ

Employees
1.9K
Website
Financials (FY)
EV
$306M
Karel Financials
Karel reported last fiscal year revenue of $314M and EBITDA of $7M.
In the same fiscal year, Karel generated $14M in gross profit, $7M in EBITDA, and had net loss of ($35M).
Karel P&L
In the most recent fiscal year, Karel reported revenue of $314M and EBITDA of $7M.
Karel expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $314M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $14M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 5% | XXX | XXX | XXX |
| EBITDA | — | XXX | $7M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 2% | XXX | XXX | XXX |
| EBIT Margin | — | XXX | (5%) | XXX | XXX | XXX |
| Net Profit | — | XXX | ($35M) | XXX | XXX | XXX |
| Net Margin | — | XXX | (11%) | XXX | XXX | XXX |
| Net Debt | — | — | $92M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Karel Stock Performance
Karel has current market cap of $182M, and enterprise value of $306M.
Market Cap Evolution
Karel's stock price is $0.23.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $306M | $182M | (0.2%) | XXX | XXX | XXX | $-0.04 |
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Start Free TrialKarel Valuation Multiples
Karel trades at 1.0x EV/Revenue multiple, and 42.8x EV/EBITDA.
Karel Financial Valuation Multiples
As of March 7, 2026, Karel has market cap of $182M and EV of $306M.
Equity research analysts estimate Karel's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Karel has a P/E ratio of (5.3x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $182M | XXX | $182M | XXX | XXX | XXX |
| EV (current) | $306M | XXX | $306M | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 1.0x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | 42.8x | XXX | XXX | XXX |
| EV/EBIT | — | XXX | (20.5x) | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 21.6x | XXX | XXX | XXX |
| P/E | — | XXX | (5.3x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | (7.2x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Karel Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Karel Margins & Growth Rates
Karel's revenue in the last fiscal year grew by 46%.
Karel Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | 46% | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 2% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | (82%) | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 2% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| R&D Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 9% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Karel Public Comps
See public comps and valuation multiples for other Computer Hardware and Networking Hardware comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Richardson Electronics | XXX | XXX | XXX | XXX | XXX | XXX |
| Audinate Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Radcom | XXX | XXX | XXX | XXX | XXX | XXX |
| B&C Speakers | XXX | XXX | XXX | XXX | XXX | XXX |
| Mtron | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Karel M&A Activity
Karel acquired XXX companies to date.
Last acquisition by Karel was on XXXXXXXX, XXXXX. Karel acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Karel
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialKarel Investment Activity
Karel invested in XXX companies to date.
Karel made its latest investment on XXXXXXXX, XXXXX. Karel invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Karel
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Karel
| When was Karel founded? | Karel was founded in 1986. |
| Where is Karel headquartered? | Karel is headquartered in Turkey. |
| How many employees does Karel have? | As of today, Karel has over 1K employees. |
| Is Karel publicly listed? | Yes, Karel is a public company listed on Borsa Istanbul. |
| What is the stock symbol of Karel? | Karel trades under KAREL ticker. |
| When did Karel go public? | Karel went public in 2006. |
| Who are competitors of Karel? | Karel main competitors are Richardson Electronics, Audinate Group, Radcom, B&C Speakers. |
| What is the current market cap of Karel? | Karel's current market cap is $182M. |
| What is the current revenue of Karel? | Karel's last fiscal year revenue is $314M. |
| What is the current EV/Revenue multiple of Karel? | Current revenue multiple of Karel is 1.0x. |
| Is Karel profitable? | No, Karel is not profitable. |
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