Karnov Group AB (CHIX:KARS) Enterprise Value: kr8,296 Mil (As of Jul. 12, 2026) ***


CHIX:KARS Karnov Group AB CHIX:KARS
75 GF Score
Price kr64.30
GF Value kr117.71
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Karnov Group AB Enterprise Value?

Karnov Group AB CHIX:KARS 75 Enterprise Value is kr8,296 Mil as of Jul. 12, 2026. GuruFocus rates CHIX:KARS with a GF Score™ of 75/100 and a GF Value™ of kr117.71 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Karnov Group AB's Enterprise Value is kr8,296 Mil. Karnov Group AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was kr1,136 Mil. Therefore, Karnov Group AB's EV-to-EBIT ratio for today is 7.30.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Karnov Group AB's Enterprise Value is kr8,296 Mil. Karnov Group AB's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was kr1,550 Mil. Therefore, Karnov Group AB's EV-to-EBITDA ratio for today is 5.35.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Karnov Group AB's Enterprise Value is kr8,296 Mil. Karnov Group AB's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was kr2,597 Mil. Therefore, Karnov Group AB's EV-to-Revenue ratio for today is 3.20.

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 kr8,296 Mil. Karnov Group AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was kr364 Mil. Therefore, Karnov Group AB's EV-to-OCF ratio for today is 22.82.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Karnov Group AB's Enterprise Value is kr8,296 Mil. Karnov Group AB's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was kr186 Mil. Therefore, Karnov Group AB's EV-to-FCF ratio for today is 44.60.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Karnov Group AB  (CHIX:KARs) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Karnov Group AB's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8296.204/1136.2
=7.30

Karnov Group AB's current Enterprise Value is kr8,296 Mil.
Karnov Group AB's EBIT 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 kr1,136 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Karnov Group AB's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=8296.204/1549.9
=5.35

Karnov Group AB's current Enterprise Value is kr8,296 Mil.
Karnov Group AB'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 kr1,550 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Karnov Group AB's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=8296.204/2596.5
=3.20

Karnov Group AB's current Enterprise Value is kr8,296 Mil.
Karnov Group AB's Revenue 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 kr2,597 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=8296.204/363.5
=22.82

Karnov Group AB's current Enterprise Value is kr8,296 Mil.
Karnov Group AB's Cash Flow from Operations 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 kr364 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Karnov Group AB's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=8296.204/186
=44.60

Karnov Group AB's current Enterprise Value is kr8,296 Mil.
Karnov Group AB's Free Cash Flow 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 kr186 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.


Karnov Group AB Enterprise Value Related Terms


Karnov Group AB Enterprise Value Historical Data

* Premium members only.

The historical data trend for Karnov Group AB's Enterprise Value 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 Enterprise Value Chart

Karnov Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,395.41 8,275.92 7,478.39 7,958.29 13,404.41

Karnov Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 7,599.79 7,694.59 14,417.21 13,404.41 11,664.18

CHIX:KARS vs CTAS, CPRT, ULS: Enterprise Value Comparison

For the Specialty Business Services subindustry, Karnov Group AB's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Business Services Industry

For the Business Services industry and Industrials sector, Karnov Group AB's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Karnov Group AB's Enterprise Value falls into.


CHIX:KARS
75GF Score
Karnov Group AB CHIX:KARS
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Karnov Group AB Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Karnov Group AB's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Karnov Group AB's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of kr8,296 Mil mean?
Karnov Group AB (CHIX:KARS) has a Enterprise Value of kr8,296 Mil as of Jul. 12, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Karnov Group AB and its competitors.
Is Karnov Group AB's Enterprise Value too high?
Karnov Group AB's current Enterprise Value is kr8,296 Mil. Overall, Karnov Group AB has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Karnov Group AB's Enterprise Value compare to CTAS and CPRT?
Karnov Group AB's Enterprise Value of kr8,296 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Business Services company?
A good Enterprise Value depends on the Business Services industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Karnov Group AB and its competitors. Karnov Group AB's current Enterprise Value is kr8,296 Mil. 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?
Based on GuruFocus' analysis, Karnov Group AB (CHIX:KARS) is currently considered Significantly Undervalued. The stock's GF Value™ is kr117.71, compared to a current price of kr64.30 — trading 45.4% below its estimated fair value. The current Enterprise Value is kr8,296 Mil. Karnov Group AB's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Karnov Group AB (CHIX:KARS), the current Enterprise Value is kr8,296 Mil as of Jul. 12, 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 45.4% below its estimated GF Value™ of kr117.71. GuruFocus considers Karnov Group AB to be Significantly Undervalued.

Key valuation signals for CHIX:KARS:

  • Enterprise Value: kr8,296 Mil
  • GF Value™: kr117.71 vs. price of kr64.30 (45.4% below fair value)
  • GF Score™: 75/100 with 4 warning signs

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.
75GF Score

Get the complete analysis for CHIX:KARS

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

kr64.30
Price
kr117.71
GF Value