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Karnell Group Valuation Multiples
Discover revenue and EBITDA valuation multiples for Karnell Group and similar public comparables like MCI Capital, Metrics Income Opportunities Trust, NSI, International Biotechnology Trust and more.
Karnell Group Overview
About Karnell Group
Karnell Group AB is a company that is an active owner of industrial technology companies. The Companyβs business concept is to use systematic and proactive acquisition strategies to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that include Product companies and Niche manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.
Founded
2016
HQ

Employees
673
Website
Sectors
Financials (LTM)
EV
$462M
Karnell Group Financials
Karnell Group reported last 12-month revenue of $193M and EBITDA of $37M.
In the same LTM period, Karnell Group generated $37M in EBITDA and $16M in net income.
Revenue (LTM)
Karnell Group P&L
In the most recent fiscal year, Karnell Group reported revenue of $189M and EBITDA of $36M.
Karnell Group expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $193M | XXX | $189M | XXX | XXX | XXX |
| Gross Profit | β | XXX | $67M | XXX | XXX | XXX |
| Gross Margin | β | XXX | 35% | XXX | XXX | XXX |
| EBITDA | $37M | XXX | $36M | XXX | XXX | XXX |
| EBITDA Margin | 19% | XXX | 19% | XXX | XXX | XXX |
| EBIT Margin | 13% | XXX | 12% | XXX | XXX | XXX |
| Net Profit | $16M | XXX | $16M | XXX | XXX | XXX |
| Net Margin | 9% | XXX | 8% | XXX | XXX | XXX |
| Net Debt | β | β | $34M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Karnell Group Stock Performance
Karnell Group has current market cap of $412M, and enterprise value of $462M.
Market Cap Evolution
Karnell Group's stock price is $7.73.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $462M | $412M | 0.3% | XXX | XXX | XXX | $0.30 |
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Start Free TrialKarnell Group Valuation Multiples
Karnell Group trades at 2.4x EV/Revenue multiple, and 12.6x EV/EBITDA.
EV / Revenue (LTM)
Karnell Group Financial Valuation Multiples
As of April 20, 2026, Karnell Group has market cap of $412M and EV of $462M.
Equity research analysts estimate Karnell Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Karnell Group has a P/E ratio of 25.1x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $412M | XXX | $412M | XXX | XXX | XXX |
| EV (current) | $462M | XXX | $462M | XXX | XXX | XXX |
| EV/Revenue | 2.4x | XXX | 2.5x | XXX | XXX | XXX |
| EV/EBITDA | 12.6x | XXX | 13.0x | XXX | XXX | XXX |
| EV/EBIT | 19.1x | XXX | 19.9x | XXX | XXX | XXX |
| EV/Gross Profit | β | XXX | 6.9x | XXX | XXX | XXX |
| P/E | 25.1x | XXX | 26.0x | XXX | XXX | XXX |
| EV/FCF | (69.0x) | XXX | 26.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Karnell Group 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.


Karnell Group Margins & Growth Rates
Karnell Group's revenue in the last 12 month grew by 7%.
Karnell Group's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.
Karnell Group's rule of 40 is 29% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Karnell Group's rule of X is 44% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Karnell Group Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 7% | XXX | 8% | XXX | XXX | XXX |
| EBITDA Margin | 19% | XXX | 19% | XXX | XXX | XXX |
| EBITDA Growth | 9% | XXX | 10% | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 29% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 44% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | β | XXX | $0.1M | XXX | XXX | XXX |
| Opex to Revenue | β | XXX | 23% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Karnell Group Public Comps
See public comps and valuation multiples for other Asset Management comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Karnell Group | XXX | XXX | XXX | XXX | XXX | XXX |
| MCI Capital | XXX | XXX | XXX | XXX | XXX | XXX |
| Metrics Income Opportunities Trust | XXX | XXX | XXX | XXX | XXX | XXX |
| NSI | XXX | XXX | XXX | XXX | XXX | XXX |
| International Biotechnology Trust | XXX | XXX | XXX | XXX | XXX | XXX |
| FibraShop | 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.
Karnell Group M&A Activity
Karnell Group acquired XXX companies to date.
Last acquisition by Karnell Group was on XXXXXXXX, XXXXX. Karnell Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Karnell Group
| 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 TrialKarnell Group Investment Activity
Karnell Group invested in XXX companies to date.
Karnell Group made its latest investment on XXXXXXXX, XXXXX. Karnell Group invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Karnell Group
| 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 Karnell Group
| When was Karnell Group founded? | Karnell Group was founded in 2016. |
| Where is Karnell Group headquartered? | Karnell Group is headquartered in Sweden. |
| How many employees does Karnell Group have? | As of today, Karnell Group has over 673 employees. |
| Who is the CEO of Karnell Group? | Karnell Group's CEO is Petter Moldenius. |
| Is Karnell Group publicly listed? | Yes, Karnell Group is a public company listed on Nasdaq Stockholm. |
| What is the stock symbol of Karnell Group? | Karnell Group trades under KARNEL B ticker. |
| When did Karnell Group go public? | Karnell Group went public in 2024. |
| Who are competitors of Karnell Group? | Karnell Group main competitors are MCI Capital, Metrics Income Opportunities Trust, NSI, International Biotechnology Trust. |
| What is the current market cap of Karnell Group? | Karnell Group's current market cap is $412M. |
| What is the current revenue of Karnell Group? | Karnell Group's last 12 months revenue is $193M. |
| What is the current revenue growth of Karnell Group? | Karnell Group revenue growth (NTM/LTM) is 7%. |
| What is the current EV/Revenue multiple of Karnell Group? | Current revenue multiple of Karnell Group is 2.4x. |
| Is Karnell Group profitable? | Yes, Karnell Group is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Karnell Group? | Karnell Group's last 12 months EBITDA is $37M. |
| What is Karnell Group's EBITDA margin? | Karnell Group's last 12 months EBITDA margin is 19%. |
| What is the current EV/EBITDA multiple of Karnell Group? | Current EBITDA multiple of Karnell Group is 12.6x. |
| What is the current FCF of Karnell Group? | Karnell Group's last 12 months FCF is ($7M). |
| What is Karnell Group's FCF margin? | Karnell Group's last 12 months FCF margin is (3%). |
| What is the current EV/FCF multiple of Karnell Group? | Current FCF multiple of Karnell Group is (69.0x). |
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