Karnov Group AB (CHIX:KARS) EV-to-OCF: 26.27 (As of Aug. 26, 2026) — Near 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.

CHIX:KARS Karnov Group AB CHIX:KARS
78 GF Score
Price kr64.30
GF Value kr64.49
! 4 Warning Signs
View Full Analysis

What is Karnov Group AB EV-to-OCF?

Karnov Group AB CHIX:KARS 78 EV-to-OCF is 26.27 as of Aug. 26, 2026, which is 2% above its 10-year median of 25.81. GuruFocus rates CHIX:KARS with a GF Score™ of 78/100 and a GF Value™ of kr64.49. The stock has 4 warning signs investors should review. Among 1,089 Business Services companies, Karnov Group AB ranks worse than 86.78% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Karnov Group AB's Enterprise Value is kr9,853 Mil. Karnov Group AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was kr375 Mil. Therefore, Karnov Group AB's EV-to-OCF for today is 26.27.

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

CHIX:KARs' s EV-to-OCF Range Over the Past 10 Years
Min: 14.69   Med: 25.81   Max: 48.37
Current: 26.27

During the past 10 years, the highest EV-to-OCF of Karnov Group AB was 48.37. The lowest was 14.69. And the median was 25.81.

CHIX:KARs's EV-to-OCF is ranked worse than
86.78% of 1089 companies
in the Business Services industry
Industry Median: 6.88 vs CHIX:KARs: 26.27

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-08-26), Karnov Group AB's stock price is kr64.30. Karnov Group AB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was kr9.100. Therefore, Karnov Group AB's PE Ratio (TTM) for today is 7.07.


Karnov Group AB  (CHIX:KARs) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

Karnov Group AB's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=64.30/9.100
=7.07

Karnov Group AB's share price for today is kr64.30.
Karnov Group AB's Earnings per Share (Diluted) 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 kr9.100.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Karnov Group AB EV-to-OCF Related Terms


Karnov Group AB EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Karnov Group AB's EV-to-OCF 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.

Karnov Group AB EV-to-OCF Chart

Karnov Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.12 30.39 23.66 35.96 35.53

Karnov Group AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF 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 31.11 30.34 35.53 24.10 22.74

CHIX:KARS vs CTAS, CPRT, GPN: EV-to-OCF Comparison

For the Specialty Business Services subindustry, Karnov Group AB's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


Karnov Group AB EV-to-OCF vs Business Services Industry

For the Business Services industry and Industrials sector, Karnov Group AB's EV-to-OCF distribution charts can be found below:

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


CHIX:KARS
78GF Score
Karnov Group AB CHIX:KARS
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Karnov Group AB EV-to-OCF Calculation

Karnov Group AB's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=9852.972/375
=26.27

Karnov Group AB's current Enterprise Value is kr9,853 Mil.
Karnov Group AB's Cash Flow from Operations 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 kr375 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-OCF →
What does a EV-to-OCF of 26.27 mean?
Karnov Group AB (CHIX:KARS) has a EV-to-OCF of 26.27 as of Aug. 26, 2026. This is near median its historical median of 25.81. Over the past decade, Karnov Group AB's EV-to-OCF has ranged from 14.69 to 48.37. According to the industry distribution chart, Karnov Group AB ranks #945 out of 1089 companies in the Business Services industry, placing it in the top 86.8%.
Is Karnov Group AB's EV-to-OCF too high?
Karnov Group AB's current EV-to-OCF of 26.27 is near median its 10-year median of 25.81. Over the past 10 years, this metric has ranged from a low of 14.69 to a high of 48.37. The Business Services industry median EV-to-OCF is 6.88. Karnov Group AB's value of 26.27 is 281.8% above this industry median. Based on the distribution chart, Karnov Group AB ranks #945 out of 1089 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Karnov Group AB has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Karnov Group AB's EV-to-OCF compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Karnov Group AB ranks #945 out of 1089 companies for EV-to-OCF. This places Karnov Group AB in the lower half of its industry. The industry median EV-to-OCF is 6.88. Karnov Group AB's value of 26.27 is 281.8% above this benchmark. Historically, Karnov Group AB's own EV-to-OCF has ranged from 14.69 to 48.37 over the past decade. While the company's 10-year median is 25.81 vs. the industry median of 6.88, Karnov 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-OCF for a Business Services company?
The median EV-to-OCF among Business Services companies is 6.88, based on 1,089 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Karnov Group AB's current EV-to-OCF of 26.27 is 281.8% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Business Services industry, the median EV-to-OCF is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karnov Group AB's current EV-to-OCF is 26.27, which is near median its own 10-year median of 25.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnov Group AB stock overvalued right now?
Karnov Group AB (CHIX:KARS) has a current EV-to-OCF of 26.27. The stock's GF Value™ is kr64.49, compared to a current price of kr64.30 — trading 0.3% below its estimated fair value. The current EV-to-OCF is 26.27, which is near median its 10-year median of 25.81 and 281.8% above the Business Services industry median of 6.88. Karnov Group AB's overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Karnov Group AB (CHIX:KARS), the current EV-to-OCF is 26.27 as of Aug. 26, 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 Karnov Group AB (CHIX:KARS) Overvalued in 2026?

Based on GuruFocus' analysis, Karnov Group AB stock appears to be undervalued. The current stock price of kr64.30 is trading 0.3% below its estimated GF Value™ of kr64.49.

Key valuation signals for CHIX:KARS:

  • EV-to-OCF: 26.27 (near median its 10-year median of 25.81)
  • GF Value™: kr64.49 vs. price of kr64.30 (0.3% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 281.8% above the Business Services median (#945 of 1089)

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


Karnov Group AB Business Description

Address Flemminggatan 14, Stockholm, SWE, 112 26
Karnov Group AB is a provider of mission-critical information in the areas of legal, tax and auditing, environment, and health and safety. Karnov's products include subscription-based online solutions for law firms, tax and accounting firms, corporates, and the public sector including, courts, universities, public authorities, and municipalities. Karnov also publishes and sells offline books and journals and hosts legal training courses. Its brands are Karnov Group Denmark, Norstedts Juridik, Aranzadi LA LEY, Lamy Liaisons, Notisum, Echoline, BELLA Intelligence. Geographically, it derives a majority of its revenue from Denmark and also has a presence in Sweden, Norway, France, Spain, and Portugal.
78GF Score

Get the complete analysis for CHIX:KARS

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

kr64.30
Price
kr64.49
GF Value