Karnell Group AB (FRA:O4X) EV-to-EBIT: 23.19 (As of Sep. 06, 2026) — 15% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:O4X Karnell Group AB FRA:O4X
16 GF Score
Price €8.37
! 5 Warning Signs
View Full Analysis

What is Karnell Group AB EV-to-EBIT?

Karnell Group AB FRA:O4X -1.06% 16 EV-to-EBIT is 23.19 as of Sep. 06, 2026, which is 15% above its 10-year median of 20.25. GuruFocus rates FRA:O4X with a GF Score™ of 16/100. The stock has 5 warning signs investors should review. Among 438 Conglomerates companies, Karnell Group AB ranks worse than 81.51% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Karnell Group AB's Enterprise Value is €533.9 Mil. Karnell Group AB's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €23.0 Mil. Therefore, Karnell Group AB's EV-to-EBIT for today is 23.19.

The historical rank and industry rank for Karnell Group AB's EV-to-EBIT or its related term are showing as below:

FRA:O4X' s EV-to-EBIT Range Over the Past 10 Years
Min: 16.21   Med: 20.25   Max: 26.59
Current: 23.55

During the past 5 years, the highest EV-to-EBIT of Karnell Group AB was 26.59. The lowest was 16.21. And the median was 20.25.

FRA:O4X's EV-to-EBIT is ranked worse than
81.51% of 438 companies
in the Conglomerates industry
Industry Median: 11.28 vs FRA:O4X: 23.55

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Karnell Group AB's Enterprise Value for the quarter that ended in Jun. 2026 was €442.9 Mil. Karnell Group AB's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €23.0 Mil. Karnell Group AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 5.20%.


Karnell Group AB  (FRA:O4X) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Karnell Group AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=23.021/442.86866
=5.20 %

Karnell Group AB's Enterprise Value for the quarter that ended in Jun. 2026 was €442.9 Mil.
Karnell Group AB's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €23.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Karnell Group AB EV-to-EBIT Related Terms


Karnell Group AB EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Karnell Group AB's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Karnell Group AB EV-to-EBIT Chart

Karnell Group AB Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
0.00 0.00 0.00 16.47 20.25

Karnell Group AB Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.04 17.43 20.25 17.07 20.43

FRA:O4X vs MMM, HON: EV-to-EBIT Comparison

For the Conglomerates subindustry, Karnell Group AB's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Karnell Group AB EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Karnell Group AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Karnell Group AB's EV-to-EBIT falls into.


FRA:O4X
16GF Score
Karnell Group AB FRA:O4X
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Karnell Group AB EV-to-EBIT Calculation

Karnell Group AB's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=533.929/23.021
=23.19

Karnell Group AB's current Enterprise Value is €533.9 Mil.
Karnell Group AB's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €23.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 23.19 mean?
Karnell Group AB (FRA:O4X) has a EV-to-EBIT of 23.19 as of Sep. 06, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Karnell Group AB and its competitors. This is 15% above median its historical median of 20.25. Over the past decade, Karnell Group AB's EV-to-EBIT has ranged from 16.21 to 26.59. According to the industry distribution chart, Karnell Group AB ranks #357 out of 438 companies in the Conglomerates industry, placing it in the top 81.5%.
Is Karnell Group AB's EV-to-EBIT too high?
Karnell Group AB's current EV-to-EBIT of 23.19 is 15% above median its 10-year median of 20.25. Over the past 10 years, this metric has ranged from a low of 16.21 to a high of 26.59. The Conglomerates industry median EV-to-EBIT is 11.28. Karnell Group AB's value of 23.19 is 105.6% above this industry median. Based on the distribution chart, Karnell Group AB ranks #357 out of 438 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Karnell Group AB has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Karnell Group AB's EV-to-EBIT compare to MMM and HON?
According to the Conglomerates industry distribution chart, Karnell Group AB ranks #357 out of 438 companies for EV-to-EBIT. This places Karnell Group AB in the lower half of its industry. The industry median EV-to-EBIT is 11.28. Karnell Group AB's value of 23.19 is 105.6% above this benchmark. Historically, Karnell Group AB's own EV-to-EBIT has ranged from 16.21 to 26.59 over the past decade. While the company's 10-year median is 20.25 vs. the industry median of 11.28, Karnell Group AB has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Conglomerates company?
The median EV-to-EBIT among Conglomerates companies is 11.28, based on 438 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Karnell Group AB's current EV-to-EBIT of 23.19 is 105.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Karnell Group AB and its competitors. For the Conglomerates industry, the median EV-to-EBIT is 11.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karnell Group AB's current EV-to-EBIT is 23.19, which is 15% above median its own 10-year median of 20.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnell Group AB stock overvalued right now?
Karnell Group AB (FRA:O4X) has a current EV-to-EBIT of 23.19. The current EV-to-EBIT is 23.19, which is 15% above median its 10-year median of 20.25 and 105.6% above the Conglomerates industry median of 11.28. Karnell Group AB's overall GF Score™ is 16/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Karnell Group AB (FRA:O4X), the current EV-to-EBIT is 23.19 as of Sep. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Karnell Group AB Business Description

Other Exchanges KARNEL B:SwedenKARNBs:UK
Address Riddargatan 13D, Stockholm, SWE, 114 51
Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's 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.
16GF Score

Get the complete analysis for FRA:O4X

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€8.37
Price