Kernel Holding (WAR:KER) Enterprise Value: zł5,708 Mil (As of Jun. 30, 2026) ***


WAR:KER Kernel Holding SA WAR:KER
64 GF Score
Price zł19.58
GF Value zł13.28
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Kernel Holding Enterprise Value?

Kernel Holding WAR:KER +1.87% 64 Enterprise Value is zł5,708 Mil as of Jun. 30, 2026. GuruFocus rates WAR:KER with a GF Score™ of 64/100 and a GF Value™ of zł13.28 (Significantly Overvalued). The stock has 1 warning sign 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, Kernel Holding's Enterprise Value is zł5,708 Mil. Kernel Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was zł1,308 Mil. Therefore, Kernel Holding's EV-to-EBIT ratio for today is 4.36.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Kernel Holding's Enterprise Value is zł5,708 Mil. Kernel Holding's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was zł1,714 Mil. Therefore, Kernel Holding's EV-to-EBITDA ratio for today is 3.33.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Kernel Holding's Enterprise Value is zł5,708 Mil. Kernel Holding's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was zł15,166 Mil. Therefore, Kernel Holding's EV-to-Revenue ratio for today is 0.38.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Kernel Holding's Enterprise Value is zł5,708 Mil. Kernel Holding's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was zł529 Mil. Therefore, Kernel Holding's EV-to-OCF ratio for today is 10.79.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Kernel Holding's Enterprise Value is zł5,708 Mil. Kernel Holding's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was zł231 Mil. Therefore, Kernel Holding's EV-to-FCF ratio for today is 24.71.

*** 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.


Kernel Holding  (WAR:KER) 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.

Kernel Holding's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5707.571/1308.217
=4.36

Kernel Holding's current Enterprise Value is zł5,708 Mil.
Kernel Holding'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 zł1,308 Mil.

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

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=5707.571/1713.637
=3.33

Kernel Holding's current Enterprise Value is zł5,708 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 zł1,714 Mil.

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

Kernel Holding's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=5707.571/15166.322
=0.38

Kernel Holding's current Enterprise Value is zł5,708 Mil.
Kernel Holding'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 zł15,166 Mil.

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

Kernel Holding's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=5707.571/529.042
=10.79

Kernel Holding's current Enterprise Value is zł5,708 Mil.
Kernel Holding'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 zł529 Mil.

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

Kernel Holding's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=5707.571/230.939
=24.71

Kernel Holding's current Enterprise Value is zł5,708 Mil.
Kernel Holding'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 zł231 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.


Kernel Holding Enterprise Value Related Terms


Kernel Holding Enterprise Value Historical Data

* Premium members only.

The historical data trend for Kernel Holding'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.

Kernel Holding Enterprise Value Chart

Kernel Holding Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,457.88 6,796.25 3,560.17 3,797.91 4,854.04

Kernel Holding 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 5,526.60 4,854.04 5,568.30 6,919.51 5,538.43

WAR:KER vs SYY, USFD, PFGC: Enterprise Value Comparison

For the Food Distribution subindustry, Kernel Holding'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.


Kernel Holding Enterprise Value vs Retail - Defensive Industry

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

* The bar in red indicates where Kernel Holding's Enterprise Value falls into.


WAR:KER
64GF Score
Kernel Holding SA WAR:KER
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kernel Holding 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.

Kernel Holding's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as

Kernel Holding'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 zł5,708 Mil mean?
Kernel Holding (WAR:KER) has a Enterprise Value of zł5,708 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Kernel Holding and its competitors.
Is Kernel Holding's Enterprise Value too high?
Kernel Holding's current Enterprise Value is zł5,708 Mil. Overall, Kernel Holding has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kernel Holding's Enterprise Value compare to SYY and USFD?
Kernel Holding's Enterprise Value of zł5,708 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Enterprise Value depends on the Retail - Defensive 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 Kernel Holding and its competitors. Kernel Holding's current Enterprise Value is zł5,708 Mil. 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?
Based on GuruFocus' analysis, Kernel Holding (WAR:KER) is currently considered Significantly Overvalued. The stock's GF Value™ is zł13.28, compared to a current price of zł19.58 — trading 47.4% above its estimated fair value. The current Enterprise Value is zł5,708 Mil. 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Kernel Holding (WAR:KER), the current Enterprise Value is zł5,708 Mil as of Jun. 30, 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 (WAR:KER) Overvalued in 2026?

Based on GuruFocus' analysis, Kernel Holding stock appears to be overvalued. The current stock price of zł19.58 is trading 47.4% above its estimated GF Value™ of zł13.28. GuruFocus considers Kernel Holding to be Significantly Overvalued.

Key valuation signals for WAR:KER:

  • Enterprise Value: zł5,708 Mil
  • GF Value™: zł13.28 vs. price of zł19.58 (47.4% above fair value)
  • GF Score™: 64/100 with 1 warning sign

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


Kernel Holding Business Description

Other Exchanges KARNF:USA0KE: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 WAR:KER

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

zł19.58
Price
zł13.28
GF Value