(KARO) Karooooo - Ratings and Ratios
Fleet Management, Asset Tracking, Logistics Software, Insurance Telematics
Dividends
| Dividend Yield | 2.71% |
| Yield on Cost 5y | 4.13% |
| Yield CAGR 5y | 34.16% |
| Payout Consistency | 100.0% |
| Payout Ratio | 3.7% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 85.4% |
| Value at Risk 5%th | 98.8% |
| Relative Tail Risk | -29.66% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.30 |
| Alpha | -7.92 |
| CAGR/Max DD | 0.81 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.523 |
| Beta | 0.961 |
| Beta Downside | 0.859 |
| Drawdowns 3y | |
|---|---|
| Max DD | 32.75% |
| Mean DD | 12.51% |
| Median DD | 10.96% |
Description: KARO Karooooo November 12, 2025
Karooooo Ltd. (NASDAQ:KARO) operates a global mobility SaaS platform that delivers real-time fleet visibility, risk management, and logistics automation through its Cartrack, Carzuka, and Karooooo Logistics brands. Its product suite spans enterprise-grade fleet management (LiveVision, MiFleet), consumer-focused safety and tracking (Protector, Car Watch), specialty solutions for motorbike fleets (Bike Track), credit-risk analytics, and law-enforcement monitoring tools, serving customers from individual owners to large enterprises across Africa, Europe, APAC, the Middle East, and the United States.
Key quantitative signals (as of FY 2023) include: • Reported revenue of approximately $78 million, up 21 % YoY, driven primarily by expanding subscription ARR in North America and Europe. • Annual recurring revenue (ARR) grew to roughly $62 million with an estimated net churn rate of 4 %, indicating strong customer retention. • The global connected-vehicle SaaS market is projected to reach $34 billion by 2027 (CAGR ≈ 10 %), with growth fueled by regulatory mandates for telematics in commercial fleets and the accelerating shift to electric-vehicle (EV) fleets that require advanced data integration. • Karooooo’s exposure to emerging African markets provides a diversification benefit, but also introduces currency and regulatory risk that could affect margin stability.
If you want a deeper, data-driven view of Karooooo’s valuation dynamics, the ValueRay platform offers a granular, model-ready dashboard that can help you test these assumptions and benchmark the company against peers.
Piotroski VR‑10 (Strict, 0-10) 8.5
| Net Income (1.00b TTM) > 0 and > 6% of Revenue (6% = 301.3m TTM) |
| FCFTA 0.11 (>2.0%) and ΔFCFTA 1.65pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -5.74% (prev 4.30%; Δ -10.04pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.33 (>3.0%) and CFO 1.64b > Net Income 1.00b (YES >=105%, WARN >=100%) |
| Net Debt (234.2m) to EBITDA (1.64b) ratio: 0.14 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.80 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (30.9m) change vs 12m ago -0.01% (target <= -2.0% for YES) |
| Gross Margin 69.38% (prev 67.24%; Δ 2.15pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 108.0% (prev 98.84%; Δ 9.13pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 16.22 (EBITDA TTM 1.64b / Interest Expense TTM 65.2m) >= 6 (WARN >= 3) |
Altman Z'' 7.62
| (A) -0.06 = (Total Current Assets 1.12b - Total Current Liabilities 1.41b) / Total Assets 4.93b |
| (B) 0.39 = Retained Earnings (Balance) 1.93b / Total Assets 4.93b |
| (C) 0.23 = EBIT TTM 1.06b / Avg Total Assets 4.65b |
| (D) 4.95 = Book Value of Equity 9.33b / Total Liabilities 1.88b |
| Total Rating: 7.62 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 84.20
| 1. Piotroski 8.50pt |
| 2. FCF Yield 2.22% |
| 3. FCF Margin 10.56% |
| 4. Debt/Equity 0.22 |
| 5. Debt/Ebitda 0.14 |
| 6. ROIC - WACC (= 12.71)% |
| 7. RoE 31.88% |
| 8. Rev. Trend 96.68% |
| 9. EPS Trend -5.28% |
What is the price of KARO shares?
Over the past week, the price has changed by +4.29%, over one month by +4.41%, over three months by -11.32% and over the past year by +9.01%.
Is KARO a buy, sell or hold?
- Strong Buy: 1
- Buy: 2
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the KARO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 60.8 | 31.7% |
| Analysts Target Price | 60.8 | 31.7% |
| ValueRay Target Price | 49.2 | 6.6% |
KARO Fundamental Data Overview December 03, 2025
P/E Trailing = 23.8457
P/E Forward = 19.685
P/S = 0.277
P/B = 7.9235
Beta = 1.068
Revenue TTM = 5.02b ZAR
EBIT TTM = 1.06b ZAR
EBITDA TTM = 1.64b ZAR
Long Term Debt = 47.1m ZAR (from longTermDebt, last quarter)
Short Term Debt = 420.0m ZAR (from shortTermDebt, last quarter)
Debt = 655.0m ZAR (from shortLongTermDebtTotal, last quarter)
Net Debt = 234.2m ZAR (from netDebt column, last quarter)
Enterprise Value = 23.91b ZAR (23.68b + Debt 655.0m - CCE 420.8m)
Interest Coverage Ratio = 16.22 (Ebit TTM 1.06b / Interest Expense TTM 65.2m)
FCF Yield = 2.22% (FCF TTM 530.4m / Enterprise Value 23.91b)
FCF Margin = 10.56% (FCF TTM 530.4m / Revenue TTM 5.02b)
Net Margin = 19.91% (Net Income TTM 1.00b / Revenue TTM 5.02b)
Gross Margin = 69.38% ((Revenue TTM 5.02b - Cost of Revenue TTM 1.54b) / Revenue TTM)
Gross Margin QoQ = 68.36% (prev 68.39%)
Tobins Q-Ratio = 4.85 (Enterprise Value 23.91b / Total Assets 4.93b)
Interest Expense / Debt = 2.63% (Interest Expense 17.2m / Debt 655.0m)
Taxrate = 26.36% (89.0m / 337.5m)
NOPAT = 779.1m (EBIT 1.06b * (1 - 26.36%))
Current Ratio = 0.80 (Total Current Assets 1.12b / Total Current Liabilities 1.41b)
Debt / Equity = 0.22 (Debt 655.0m / totalStockholderEquity, last quarter 2.99b)
Debt / EBITDA = 0.14 (Net Debt 234.2m / EBITDA 1.64b)
Debt / FCF = 0.44 (Net Debt 234.2m / FCF TTM 530.4m)
Total Stockholder Equity = 3.14b (last 4 quarters mean from totalStockholderEquity)
RoA = 20.29% (Net Income 1.00b / Total Assets 4.93b)
RoE = 31.88% (Net Income TTM 1.00b / Total Stockholder Equity 3.14b)
RoCE = 33.22% (EBIT 1.06b / Capital Employed (Equity 3.14b + L.T.Debt 47.1m))
RoIC = 22.06% (NOPAT 779.1m / Invested Capital 3.53b)
WACC = 9.35% (E(23.68b)/V(24.33b) * Re(9.56%) + D(655.0m)/V(24.33b) * Rd(2.63%) * (1-Tc(0.26)))
Discount Rate = 9.56% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -81.65 | Cagr: -0.09%
[DCF Debug] Terminal Value 71.37% ; FCFE base≈477.7m ; Y1≈438.1m ; Y5≈390.9m
Fair Price DCF = 176.4 (DCF Value 5.45b / Shares Outstanding 30.9m; 5y FCF grow -10.39% → 3.0% )
EPS Correlation: -5.28 | EPS CAGR: -40.58% | SUE: -3.54 | # QB: 0
Revenue Correlation: 96.68 | Revenue CAGR: 16.13% | SUE: 0.03 | # QB: 0
EPS current Year (2026-02-28): EPS=34.03 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+7.5% | Growth Revenue=+19.3%
EPS next Year (2027-02-28): EPS=38.47 | Chg30d=+0.000 | Revisions Net=-1 | Growth EPS=+13.0% | Growth Revenue=+16.4%
Additional Sources for KARO Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle