(KARO) Karooooo - Overview
Stock: Fleet, Logistics, Tracking, Recovery, Telematics
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.65% |
| Yield on Cost 5y | 4.13% |
| Yield CAGR 5y | 27.72% |
| Payout Consistency | 100.0% |
| Payout Ratio | 3.6% |
| Risk 5d forecast | |
|---|---|
| Volatility | 76.9% |
| Relative Tail Risk | -28.2% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.42 |
| Alpha | -5.29 |
| Character TTM | |
|---|---|
| Beta | 0.974 |
| Beta Downside | 0.877 |
| Drawdowns 3y | |
|---|---|
| Max DD | 32.75% |
| CAGR/Max DD | 0.92 |
Description: KARO Karooooo January 15, 2026
Karooooo Ltd. (NASDAQ:KARO) operates a global mobility SaaS platform that delivers connected-vehicle solutions across Africa, Europe, APAC, the Middle East and the United States. Its product suite is organized under three segments-Cartrack, Carzuka and Karooooo Logistics-and spans fleet-management telemetry (LiveVision, MiFleet), field-service coordination, insurance telematics, asset-recovery, and last-mile delivery logistics. The company serves a broad customer base from individual consumers to large enterprises, leveraging a subscription-based model to monetize real-time data and analytics.
As of FY 2023, Karooooo reported ARR of roughly $78 million, representing a 23 % year-over-year increase driven primarily by expansion in the African commercial-fleet market and new contracts with U.S. insurance carriers. The fleet-management sector is projected by IDC to grow at a 12 % CAGR through 2028, spurred by rising e-commerce demand for last-mile delivery and tightening regulatory requirements for vehicle telematics in Europe and North America. A key operating metric for Karooooo is its churn rate, which has stabilized around 5 %-below the SaaS industry median of 8 %-indicating strong customer stickiness despite the competitive IoT landscape.
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Piotroski VR‑10 (Strict, 0-10) 8.5
| Net Income: 1.02b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 4.04 > 1.0 |
| NWC/Revenue: -4.63% < 20% (prev 6.80%; Δ -11.44% < -1%) |
| CFO/TA 0.33 > 3% & CFO 1.71b > Net Income 1.02b |
| Net Debt (225.5m) to EBITDA (1.70b): 0.13 < 3 |
| Current Ratio: 0.84 > 1.5 & < 3 |
| Outstanding Shares: last quarter (30.9m) vs 12m ago -0.01% < -2% |
| Gross Margin: 69.33% > 18% (prev 0.69%; Δ 6864 % > 0.5%) |
| Asset Turnover: 104.7% > 50% (prev 92.73%; Δ 11.95% > 0%) |
| Interest Coverage Ratio: 21.91 > 6 (EBITDA TTM 1.70b / Interest Expense TTM 49.6m) |
Altman Z'' 4.21
| A: -0.05 (Total Current Assets 1.27b - Total Current Liabilities 1.51b) / Total Assets 5.21b |
| B: 0.42 (Retained Earnings 2.19b / Total Assets 5.21b) |
| C: 0.22 (EBIT TTM 1.09b / Avg Total Assets 5.00b) |
| D: 1.61 (Book Value of Equity 3.18b / Total Liabilities 1.98b) |
| Altman-Z'' Score: 4.21 = AA |
Beneish M -3.09
| DSRI: 0.98 (Receivables 689.0m/595.0m, Revenue 5.23b/4.44b) |
| GMI: 0.99 (GM 69.33% / 68.76%) |
| AQI: 0.94 (AQ_t 0.18 / AQ_t-1 0.19) |
| SGI: 1.18 (Revenue 5.23b / 4.44b) |
| TATA: -0.13 (NI 1.02b - CFO 1.71b) / TA 5.21b) |
| Beneish M-Score: -3.09 (Cap -4..+1) = AA |
What is the price of KARO shares?
Over the past week, the price has changed by -0.12%, over one month by +8.41%, over three months by +13.61% and over the past year by +13.26%.
Is KARO a buy, sell or hold?
- StrongBuy: 1
- Buy: 2
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the KARO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 61.9 | 23.8% |
| Analysts Target Price | 61.9 | 23.8% |
| ValueRay Target Price | 58.2 | 16.4% |
KARO Fundamental Data Overview February 02, 2026
P/E Trailing = 23.8333
P/E Forward = 20.79
P/S = 0.2945
P/B = 7.643
Revenue TTM = 5.23b ZAR
EBIT TTM = 1.09b ZAR
EBITDA TTM = 1.70b ZAR
Long Term Debt = 42.9m ZAR (from longTermDebt, last quarter)
Short Term Debt = 427.8m ZAR (from shortTermDebt, last quarter)
Debt = 800.2m ZAR (from shortLongTermDebtTotal, last quarter)
Net Debt = 225.5m ZAR (from netDebt column, last quarter)
Enterprise Value = 25.07b ZAR (24.84b + Debt 800.2m - CCE 574.7m)
Interest Coverage Ratio = 21.91 (Ebit TTM 1.09b / Interest Expense TTM 49.6m)
EV/FCF = 38.90x (Enterprise Value 25.07b / FCF TTM 644.4m)
FCF Yield = 2.57% (FCF TTM 644.4m / Enterprise Value 25.07b)
FCF Margin = 12.32% (FCF TTM 644.4m / Revenue TTM 5.23b)
Net Margin = 19.48% (Net Income TTM 1.02b / Revenue TTM 5.23b)
Gross Margin = 69.33% ((Revenue TTM 5.23b - Cost of Revenue TTM 1.61b) / Revenue TTM)
Gross Margin QoQ = 69.43% (prev 68.36%)
Tobins Q-Ratio = 4.81 (Enterprise Value 25.07b / Total Assets 5.21b)
Interest Expense / Debt = 0.15% (Interest Expense 1.18m / Debt 800.2m)
Taxrate = 24.26% (84.9m / 350.1m)
NOPAT = 823.4m (EBIT 1.09b * (1 - 24.26%))
Current Ratio = 0.84 (Total Current Assets 1.27b / Total Current Liabilities 1.51b)
Debt / Equity = 0.25 (Debt 800.2m / totalStockholderEquity, last quarter 3.18b)
Debt / EBITDA = 0.13 (Net Debt 225.5m / EBITDA 1.70b)
Debt / FCF = 0.35 (Net Debt 225.5m / FCF TTM 644.4m)
Total Stockholder Equity = 3.20b (last 4 quarters mean from totalStockholderEquity)
RoA = 20.39% (Net Income 1.02b / Total Assets 5.21b)
RoE = 31.84% (Net Income TTM 1.02b / Total Stockholder Equity 3.20b)
RoCE = 33.51% (EBIT 1.09b / Capital Employed (Equity 3.20b + L.T.Debt 42.9m))
RoIC = 22.95% (NOPAT 823.4m / Invested Capital 3.59b)
WACC = 9.21% (E(24.84b)/V(25.64b) * Re(9.50%) + D(800.2m)/V(25.64b) * Rd(0.15%) * (1-Tc(0.24)))
Discount Rate = 9.50% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.10%
[DCF Debug] Terminal Value 72.43% ; FCFF base≈545.9m ; Y1≈505.3m ; Y5≈458.5m
Fair Price DCF = 207.9 (EV 6.65b - Net Debt 225.5m = Equity 6.42b / Shares 30.9m; r=9.21% [WACC]; 5y FCF grow -9.37% → 2.90% )
EPS Correlation: 94.37 | EPS CAGR: 25.81% | SUE: 0.20 | # QB: 0
Revenue Correlation: 96.44 | Revenue CAGR: 19.01% | SUE: 0.02 | # QB: 0
EPS next Quarter (2026-05-31): EPS=9.07 | Chg30d=+0.348 | Revisions Net=+2 | Analysts=4
EPS next Year (2027-02-28): EPS=38.62 | Chg30d=+0.144 | Revisions Net=+2 | Growth EPS=+12.9% | Growth Revenue=+16.8%