Karnov Group AB (LTS:0A39) EV-to-FCF: 44.60 (As of Jul. 11, 2026) — Near Median


LTS:0A39 Karnov Group AB LTS:0A39
74 GF Score
Price kr69.10
GF Value kr84.09
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Karnov Group AB EV-to-FCF?

Karnov Group AB LTS:0A39 +1.32% 74 EV-to-FCF is 44.60 as of Jul. 11, 2026, which is 1% below its 10-year median of 45.06. GuruFocus rates LTS:0A39 with a GF Score™ of 74/100 and a GF Value™ of kr84.09 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 717 Business Services companies, Karnov Group AB ranks worse than 85.22% on this metric.

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 for today is 44.60.

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

LTS:0A39' s EV-to-FCF Range Over the Past 10 Years
Min: 18.13   Med: 45.06   Max: 524.58
Current: 44.6

During the past 10 years, the highest EV-to-FCF of Karnov Group AB was 524.58. The lowest was 18.13. And the median was 45.06.

LTS:0A39's EV-to-FCF is ranked worse than
85.22% of 717 companies
in the Business Services industry
Industry Median: 12.59 vs LTS:0A39: 44.60

EV-to-FCF 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 (2026-07-11), Karnov Group AB's stock price is kr69.10. Karnov Group AB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was kr8.800. Therefore, Karnov Group AB's PE Ratio (TTM) for today is 7.85.


Karnov Group AB  (LTS:0A39) EV-to-FCF Explanation

EV-to-FCF 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)
=69.10/8.800
=7.85

Karnov Group AB's share price for today is kr69.10.
Karnov Group AB'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 kr8.800.

* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Karnov Group AB EV-to-FCF Related Terms


Karnov Group AB EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Karnov Group AB's EV-to-FCF 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-FCF Chart

Karnov Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.22 45.86 45.83 76.76 70.86

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
EV-to-FCF 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 39.91 49.13 46.17 70.86 47.10

LTS:0A39 vs CTAS, CPRT, ULS: EV-to-FCF Comparison

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

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

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


LTS:0A39
74GF Score
Karnov Group AB LTS:0A39
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Karnov Group AB EV-to-FCF Calculation

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

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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 44.60 mean?
Karnov Group AB (LTS:0A39) has a EV-to-FCF of 44.60 as of Jul. 11, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Karnov Group AB and its competitors. This is near median its historical median of 45.06. Over the past decade, Karnov Group AB's EV-to-FCF has ranged from 18.13 to 524.58. According to the industry distribution chart, Karnov Group AB ranks #611 out of 717 companies in the Business Services industry, placing it in the top 85.2%.
Is Karnov Group AB's EV-to-FCF too high?
Karnov Group AB's current EV-to-FCF of 44.60 is near median its 10-year median of 45.06. Over the past 10 years, this metric has ranged from a low of 18.13 to a high of 524.58. The Business Services industry median EV-to-FCF is 12.59. Karnov Group AB's value of 44.60 is 254.2% above this industry median. Based on the distribution chart, Karnov Group AB ranks #611 out of 717 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Karnov Group AB has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Karnov Group AB's EV-to-FCF compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Karnov Group AB ranks #611 out of 717 companies for EV-to-FCF. This places Karnov Group AB in the lower half of its industry. The industry median EV-to-FCF is 12.59. Karnov Group AB's value of 44.60 is 254.2% above this benchmark. Historically, Karnov Group AB's own EV-to-FCF has ranged from 18.13 to 524.58 over the past decade. While the company's 10-year median is 45.06 vs. the industry median of 12.59, 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-FCF for a Business Services company?
The median EV-to-FCF among Business Services companies is 12.59, based on 717 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Karnov Group AB's current EV-to-FCF of 44.60 is 254.2% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Karnov Group AB and its competitors. For the Business Services industry, the median EV-to-FCF is 12.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karnov Group AB's current EV-to-FCF is 44.60, which is near median its own 10-year median of 45.06. 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 (LTS:0A39) is currently considered Modestly Undervalued. The stock's GF Value™ is kr84.09, compared to a current price of kr69.10 — trading 17.8% below its estimated fair value. The current EV-to-FCF is 44.60, which is near median its 10-year median of 45.06 and 254.2% above the Business Services industry median of 12.59. Karnov Group AB's overall GF Score™ is 74/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Karnov Group AB (LTS:0A39), the current EV-to-FCF is 44.60 as of Jul. 11, 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 (LTS:0A39) Overvalued in 2026?

Based on GuruFocus' analysis, Karnov Group AB stock appears to be undervalued. The current stock price of kr69.10 is trading 17.8% below its estimated GF Value™ of kr84.09. GuruFocus considers Karnov Group AB to be Modestly Undervalued.

Key valuation signals for LTS:0A39:

  • EV-to-FCF: 44.60 (near median its 10-year median of 45.06)
  • GF Value™: kr84.09 vs. price of kr69.10 (17.8% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 254.2% above the Business Services median (#611 of 717)

No single metric tells the full story. See the LTS:0A39 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.
74GF Score

Get the complete analysis for LTS:0A39

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

kr69.10
Price
kr84.09
GF Value