KARNF (Kernel Holding) EV-to-EBITDA: 3.22 (As of Aug. 03, 2026) — 19% Below Median

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KARNF Kernel Holding SA KARNF
64 GF Score
Price $5.20
GF Value $3.54
! 1 Warning Sign
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What is Kernel Holding EV-to-EBITDA?

Kernel Holding KARNF 64 EV-to-EBITDA is 3.22 as of Aug. 03, 2026, which is 19% below its 10-year median of 3.97. GuruFocus rates KARNF with a GF Score™ of 64/100 and a GF Value™ of $3.54. The stock has 1 warning sign investors should review. Among 270 Retail - Defensive companies, Kernel Holding ranks better than 92.59% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Kernel Holding's enterprise value is $1,500 Mil. Kernel Holding's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $466 Mil. Therefore, Kernel Holding's EV-to-EBITDA for today is 3.22.

The historical rank and industry rank for Kernel Holding's EV-to-EBITDA or its related term are showing as below:

KARNF' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.28   Med: 3.97   Max: 11.38
Current: 3.17

During the past 13 years, the highest EV-to-EBITDA of Kernel Holding was 11.38. The lowest was 1.28. And the median was 3.97.

KARNF's EV-to-EBITDA is ranked better than
92.59% of 270 companies
in the Retail - Defensive industry
Industry Median: 8.61 vs KARNF: 3.17

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-03), Kernel Holding's stock price is $5.20. Kernel Holding's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.780. Therefore, Kernel Holding's PE Ratio (TTM) for today is 6.67.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Kernel Holding  (OTCPK:KARNF) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Kernel Holding's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=5.20/0.780
=6.67

Kernel Holding's share price for today is $5.20.
Kernel Holding's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.780.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Kernel Holding EV-to-EBITDA Related Terms


Kernel Holding EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Kernel Holding's EV-to-EBITDA 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.

Kernel Holding EV-to-EBITDA Chart

Kernel Holding Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.51 8.63 1.54 2.35 2.73

Kernel Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.46 2.73 3.37 4.48 3.13

KARNF vs SYY, USFD, PFGC: EV-to-EBITDA Comparison

For the Food Distribution subindustry, Kernel Holding's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Kernel Holding EV-to-EBITDA vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kernel Holding's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kernel Holding's EV-to-EBITDA falls into.


KARNF
64GF Score
Kernel Holding SA KARNF
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kernel Holding EV-to-EBITDA Calculation

Kernel Holding's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1499.932/466.344
=3.22

Kernel Holding's current Enterprise Value is $1,500 Mil.
Kernel Holding's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $466 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-EBITDA →
What does a EV-to-EBITDA of 3.22 mean?
Kernel Holding (KARNF) has a EV-to-EBITDA of 3.22 as of Aug. 03, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Kernel Holding. This is 19% below median its historical median of 3.97. Over the past decade, Kernel Holding's EV-to-EBITDA has ranged from 1.28 to 11.38. According to the industry distribution chart, Kernel Holding ranks #20 out of 270 companies in the Retail - Defensive industry, placing it in the top 7.4%.
Is Kernel Holding's EV-to-EBITDA too high?
Kernel Holding's current EV-to-EBITDA of 3.22 is 19% below median its 10-year median of 3.97. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 11.38. The Retail - Defensive industry median EV-to-EBITDA is 8.61. Kernel Holding's value of 3.22 is 62.6% below this industry median. Based on the distribution chart, Kernel Holding ranks #20 out of 270 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Kernel Holding has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Kernel Holding's EV-to-EBITDA compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Kernel Holding ranks #20 out of 270 companies for EV-to-EBITDA. This places Kernel Holding in the top 7% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 8.61. Kernel Holding's value of 3.22 is 62.6% below this benchmark. Historically, Kernel Holding's own EV-to-EBITDA has ranged from 1.28 to 11.38 over the past decade. While the company's 10-year median is 3.97 vs. the industry median of 8.61, Kernel Holding has consistently been below 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-EBITDA for a Retail - Defensive company?
The median EV-to-EBITDA among Retail - Defensive companies is 8.61, based on 270 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kernel Holding's current EV-to-EBITDA of 3.22 is 62.6% below 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Kernel Holding. For the Retail - Defensive industry, the median EV-to-EBITDA is 8.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kernel Holding's current EV-to-EBITDA is 3.22, which is 19% below median its own 10-year median of 3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kernel Holding stock overvalued right now?
Kernel Holding (KARNF) has a current EV-to-EBITDA of 3.22. The stock's GF Value™ is $3.54, compared to a current price of $5.20 — trading 46.9% above its estimated fair value. The current EV-to-EBITDA is 3.22, which is 19% below median its 10-year median of 3.97 and 62.6% below the Retail - Defensive industry median of 8.61. Kernel Holding's overall GF Score™ is 64/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Kernel Holding (KARNF), the current EV-to-EBITDA is 3.22 as of Aug. 03, 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.

Is Kernel Holding (KARNF) Overvalued in 2026?

Based on GuruFocus' analysis, Kernel Holding stock appears to be overvalued. The current stock price of $5.20 is trading 46.9% above its estimated GF Value™ of $3.54.

Key valuation signals for KARNF:

  • EV-to-EBITDA: 3.22 (19% below median its 10-year median of 3.97)
  • GF Value™: $3.54 vs. price of $5.20 (46.9% above fair value)
  • GF Score™: 64/100 with 1 warning sign
  • Industry Position: 62.6% below the Retail - Defensive median (#20 of 270)

No single metric tells the full story. See the KARNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kernel Holding Business Description

Other Exchanges KER:Poland0KE:Germany
Address 3 Tarasa Shevchenka Lane, Kyiv, UKR, 01001
Kernel Holding SA is an investment holding company. The company's segment includes Oilseed Processing; Infrastructure and Trading and Farming. It generates maximum revenue from the Infrastructure and Trading segment. The Infrastructure and Trading segment includes sourcing and merchandising of wholesale edible oils, grain, provision of silo services, grain handling and transshipment services.
64GF Score

Get the complete analysis for KARNF

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

$5.20
Price
$3.54
GF Value