Subject of the day
KAR.ST
Karnov Group AB (publ) provides information and workflow solutions in Denmark, Sweden, Norway, France, Spain, and Portugal. It offers research, business valuation tools, international guides and workflow solutions, and literature; legal research solutions, continued legal education, and compliance workflow solutions. The company provides its products under the Karnov, Norstedts Juridik, Aranzadi LA LEY, Lamy Liaisons, Notisum, Echoline, BELLA Intelligence, DIBkunnskap, and Nørskov Miljø brand names. It serves practitioners, corporate, and public sector markets. Karnov Group AB (publ) was founded in 1867 and is headquartered in Stockholm, Sweden.
| Line | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|
| Revenue | $649.10M | $654.40M | $664.90M | $628.10M |
| Gross profit | $288.30M | $580.90M | $583.70M | $299.90M |
| Operating income | $47.00M | $88.70M | $895.70M | $94.90M |
| Net income | $7.90M | $43.40M | $842.10M | $58.70M |
| Diluted EPS | 0.07 | 0.40 | 7.79 | 0.54 |
| Free cash flow | -$33.10M | -$48.80M | $21.60M | $246.30M |
| CapEx | -$43.00M | -$37.70M | -$53.40M | -$43.40M |
$71.90
▲ +0.20 (+0.3%)
| 52w hi | $123.60 |
|---|---|
| 52w lo | $62.00 |
| Vol | 94.04K |
| As of | Aug 13 |
Our score +0.07
| Short | -0.10 |
|---|---|
| Medium | +0.08 |
| Long | +0.37 |
computed 2026-08-13
Karnov Group AB (publ)
Industrials · Specialty Business Services
| Market cap | $6.91B |
|---|---|
| Enterprise value | $8.89B |
| Trailing P/E | 8.17x |
| Forward P/E | 43.84x |
| EV / EBITDA | 6.81x |
| P / S (ttm) | 2.66x |
| Profit margin | 36.7% |
| Return on equity | 38.0% |
| Revenue growth | -6.6% |
| Earnings growth | -24.7% |
| Debt / equity | 81.76 |
| Beta vs SPX | 0.19 |
|---|---|
| Corr SPX | 0.09 |
| Annual vol | 36.0% |
| Annual ret | +2.1% |
| Sharpe | 0.06 |
| Max DD | -51.0% |
Window: 504 trading days (490 obs)
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.36 | |
| Sector | +0.07 | |
| Technical | +0.00 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-08-13
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Aug 13 | $71.70 | $72.70 | $71.40 | $71.90 | 94.04K |
| Aug 12 | $73.00 | $73.00 | $71.50 | $71.70 | 79.61K |
| Aug 11 | $73.20 | $74.20 | $72.00 | $73.10 | 161.64K |
| Aug 10 | $73.00 | $73.00 | $71.80 | $72.50 | 70.13K |
| Aug 7 | $70.80 | $73.50 | $70.80 | $73.10 | 73.48K |