(KARO) Karooooo - Overview
Sector: Technology | Industry: Software - Application | Exchange: NASDAQ (USA) | Market Cap: 1.474m USD | Total Return: -16.4% in 12m
Avg Turnover: 4.26M
EPS Trend: 96.5%
Qual. Beats: -1
Rev. Trend: 99.0%
Qual. Beats: 0
Warnings
Choppy Below Avwap Earnings
Tailwinds
Confidence
Karooooo Ltd. is a Singapore-based provider of mobility Software-as-a-Service (SaaS) solutions, operating primarily through its Cartrack, Carzuka, and Karooooo Logistics segments. The company’s platform integrates real-time fleet management, asset recovery, and insurance telematics to serve a global client base spanning Africa, Europe, Asia-Pacific, and the United States. Its technology stack supports diverse operational needs, including last-mile delivery logistics, field service management, and credit risk prediction for vehicle financing.
The company operates within the telematics industry, a sector characterized by high recurring revenue models and significant barriers to entry due to the required integration of hardware and proprietary software. By leveraging Internet of Things (IoT) data, Karooooo enables enterprises to convert raw vehicle telematics into actionable business intelligence, focusing on cost reduction and safety compliance.
For more detailed financial metrics and valuation analysis, consider exploring the data available on ValueRay.
- Subscription revenue growth driven by expanding connected vehicle fleet in South Africa
- Logistics SaaS adoption accelerates diversification beyond traditional fleet management services
- Emerging market currency fluctuations impact translated earnings for the Singapore-based company
- High customer retention rates stabilize long-term recurring cloud service margins
- Expansion into Southeast Asian markets increases global market share and operational scale
| Net Income: 993.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.34 > 0.02 and ΔFCF/TA 0.83 > 1.0 |
| NWC/Revenue: 1.72% < 20% (prev 4.49%; Δ -2.77% < -1%) |
| CFO/TA 0.33 > 3% & CFO 1.95b > Net Income 993.9m |
| Net Debt (278.1m) to EBITDA (2.27b): 0.12 < 3 |
| Current Ratio: 1.06 > 1.5 & < 3 |
| Outstanding Shares: last quarter (30.9m) vs 12m ago -0.00% < -2% |
| Gross Margin: 67.97% > 18% (prev 70.13%; Δ -2.16% > 0.5%) |
| Asset Turnover: 100.3% > 50% (prev 89.93%; Δ 10.38% > 0%) |
| Interest Coverage Ratio: 24.36 > 6 (EBIT TTM 1.42b / Interest Expense TTM 58.1m) |
| A: 0.02 (Total Current Assets 1.78b - Total Current Liabilities 1.68b) / Total Assets 5.85b |
| B: 0.42 (Retained Earnings 2.43b / Total Assets 5.85b) |
| C: 0.26 (EBIT TTM 1.42b / Avg Total Assets 5.46b) |
| D: 1.33 (Book Value of Equity 3.31b / Total Liabilities 2.49b) |
| Altman-Z'' = 4.60 = AA |
| DSRI: 0.85 (Receivables 607.1m/597.5m, Revenue 5.48b/4.57b) |
| GMI: 1.03 (GM 70.13% / 67.97%) |
| AQI: 0.85 (AQ_t 0.15 / AQ_t-1 0.18) |
| SGI: 1.20 (Revenue 5.48b / 4.57b) |
| TATA: -0.16 (NI 993.9m - CFO 1.95b) / TA 5.85b) |
| Beneish M = -3.09 (Cap -4..+1) = AA |
As of June 07, 2026, the stock is trading at USD 47.12 with a total of 57,087 shares traded.
Over the past week, the price has changed by -1.22%,
over one month by -6.36%,
over three months by +0.63% and
over the past year by -16.38%.
Karooooo has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy KARO.
- StrongBuy: 1
- Buy: 2
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 61.5 | 30.4% |
Market Cap ZAR = 24.1b (1.47b USD * 16.3456 USD.ZAR)
P/E Trailing = 24.3367
P/E Forward = 20.4082
P/S = 0.269
P/B = 7.3454
Revenue TTM = 5.48b ZAR
EBIT TTM = 1.42b ZAR
EBITDA TTM = 2.27b ZAR
Long Term Debt = 398.9m ZAR (from longTermDebt, last quarter)
Short Term Debt = 591.9m ZAR (from shortTermDebt, last quarter)
Debt = 1.44b ZAR (from shortLongTermDebtTotal, last quarter) + Leases 287.9m
Net Debt = 278.1m ZAR (calculated: Debt 1.44b - CCE 1.16b)
Enterprise Value = 24.4b ZAR (24.1b + Debt 1.44b - CCE 1.16b)
Interest Coverage Ratio = 24.36 (Ebit TTM 1.42b / Interest Expense TTM 58.1m)
EV/FCF = 12.39x (Enterprise Value 24.4b / FCF TTM 1.97b)
FCF Yield = 8.07% (FCF TTM 1.97b / Enterprise Value 24.4b)
FCF Margin = 35.90% (FCF TTM 1.97b / Revenue TTM 5.48b)
Net Margin = 18.14% (Net Income TTM 993.9m / Revenue TTM 5.48b)
Gross Margin = 67.97% ((Revenue TTM 5.48b - Cost of Revenue TTM 1.75b) / Revenue TTM)
Gross Margin QoQ = 66.25% (prev 69.43%)
Tobins Q-Ratio = 4.17 (Enterprise Value 24.4b / Total Assets 5.85b)
Interest Expense / Debt = 4.03% (Interest Expense 58.1m / Debt 1.44b)
Taxrate = 25.63% (348.5m / 1.36b)
NOPAT = 1.05b (EBIT 1.42b * (1 - 25.63%))
Current Ratio = 1.06 (Total Current Assets 1.78b / Total Current Liabilities 1.68b)
Debt / Equity = 0.44 (Debt 1.44b / totalStockholderEquity, last quarter 3.31b)
Debt / EBITDA = 0.12 (Net Debt 278.1m / EBITDA 2.27b)
Debt / FCF = 0.14 (Net Debt 278.1m / FCF TTM 1.97b)
Total Stockholder Equity = 3.23b (last 4 quarters mean from totalStockholderEquity)
RoA = 18.20% (Net Income 993.9m / Total Assets 5.85b)
RoE = 30.79% (Net Income TTM 993.9m / Total Stockholder Equity 3.23b)
RoCE = 39.05% (EBIT 1.42b / Capital Employed (Equity 3.23b + L.T.Debt 398.9m))
RoIC = 23.51% (NOPAT 1.05b / Invested Capital 4.48b)
WACC = 9.88% (E(24.1b)/V(25.5b) * Re(10.29%) + D(1.44b)/V(25.5b) * Rd(4.03%) * (1-Tc(0.26)))
Discount Rate = 10.29% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 73.19% ; FCFF base≈1.85b ; Y1≈2.12b ; Y5≈3.12b
[DCF] Fair Price = 1.19k (EV 36.9b - Net Debt 278.1m = Equity 36.7b / Shares 30.9m; r=9.88% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 96.46 | EPS CAGR: 25.15% | SUE: -2.08 | # QB: -1
Revenue Correlation: 98.95 | Revenue CAGR: 13.98% | SUE: 0.01 | # QB: 0
EPS current Quarter (2026-08-31): EPS=9.54 | Chg30d=+2.03% | Revisions=+25% | Analysts=5
EPS current Year (2027-02-28): EPS=39.02 | Chg30d=+2.30% | Revisions=+25% | GrowthEPS=+19.9% | GrowthRev=+18.2%
EPS next Year (2028-02-29): EPS=45.94 | Chg30d=+1.37% | Revisions=+14% | GrowthEPS=+17.8% | GrowthRev=+15.9%
[Analyst] Revisions Ratio: +25%