Technology -
Software - Application - NASDAQ - SG
$ 40.515
-3.83 %
$ 1.25 B
Market Cap
25.43
P/E
1. INTRINSIC VALUE
Balance Sheet
Karooooo Ltd.
| Current Assets | 1.46 B |
| Cash & Short-Term Investments | 460 M |
| Receivables | 994 M |
| Other Current Assets | 6.58 M |
| Non-Current Assets | 2.85 B |
| Long-Term Investments | 47 M |
| PP&E | 2.03 B |
| Other Non-Current Assets | 767 M |
| Current Liabilities | 940 M |
| Accounts Payable | 220 M |
| Short-Term Debt | 93.9 M |
| Other Current Liabilities | 627 M |
| Non-Current Liabilities | 364 M |
| Long-Term Debt | 173 M |
| Other Non-Current Liabilities | 191 M |
EFFICIENCY
Earnings Waterfall
Karooooo Ltd.
| Revenue | 4.21 B |
| Cost Of Revenue | 1.51 B |
| Gross Profit | 2.69 B |
| Operating Expenses | 1.65 B |
| Operating Income | 1.04 B |
| Other Expenses | -23.2 M |
| Net Income | 1.07 B |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Karooooo Ltd.
| Net Income | 1.07 B |
| Depreciation & Amortization | 731 M |
| Capital Expenditures | -928 M |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -539 M |
| Others | -363 M |
| Free Cash Flow | 27.5 M |
Wall Street Analysts Price Targets
Karooooo Ltd.
Wall Street analysts predict an average 1-year price target for KARO of $33 , with forecasts ranging from
a
low of
$28 to a high of $41 .
KARO Lowest Price Target
Wall Street Target
28 USD
-30.89%
KARO Average Price Target
Wall Street Target
33 USD
-18.55%
KARO Highest Price Target
Wall Street Target
41 USD
1.20%
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
1.08 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Karooooo Ltd.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Karooooo: An Underestimated Company With A Rare Financial Profile
Karooooo Ltd. shows strong growth prospects with a 17% y/y increase in subscribers and expansion into Southeast Asia, Africa, and Europe. KARO's AI-powered solutions enhance fleet management efficiency, safety, and operational excellence, positioning it well in the $334Bn global telematics market. Despite trading below peer multiples, KARO's solid financials, 47% EBITDA margins, and innovative product offerings suggest it is significantly undervalued.
seekingalpha.com
- 2 weeks ago
Karooooo to Present at The Raymond James 26th Annual Institutional Investors Conference
SINGAPORE--(BUSINESS WIRE)--Karooooo (KARO), a smart mobility SaaS platform provider for connected vehicles and other mobile assets, today announced that Group Chief Operating Officer Richard Schubert will participate in the Raymond James 26th Annual Institutional Investor Conference in Orlando, FL on Tuesday, March 4th at 4:35 p.m. ET. A live webcast of the presentation will be available in the Events and Presentations section of Karooooo Investor Relations website at karooooo.com. About Karoo.
businesswire.com
- 2 months ago
Cartrack Launches Wireless Cartrack-Tag to Provide Unmatched and Secure Asset Control in Commercial Operations
JOHANNESBURG, South Africa--(BUSINESS WIRE)--Cartrack, a subsidiary of Karooooo Limited (NASDAQ: KARO), today announced the launch of Cartrack-Tag, an advanced wireless asset tag designed to meet the increasing need for rapid asset tracking of physical assets used in commercial operations. The new solution provides enhanced visibility in challenging environments, including low or no cellular network operating areas. Cartrack-Tag enables businesses to minimize the amount of time spent locating m.
businesswire.com
- 2 months ago
Karooooo Ltd.'s Q3 Earnings Highlight SaaS Strength, But Valuation Stretches
Karooooo Ltd.'s Cartrack unit thrives on subscription revenue, connecting 1.9 million vehicles and offering comprehensive SaaS services, enhancing operational efficiency and tackling fuel fraud. Despite strong subscriber growth and impressive profitability, Karooooo's high P/E ratio and revenue struggles in Southeast Asia warrant a “Hold” rating. Q3 earnings reveal a 15% revenue increase, with Cartrack's subscription revenue up 14% and adjusted EPS growing by 21%.
seekingalpha.com
- 3 months ago
Karooooo Ltd. (KARO) Q3 2025 Earnings Call Transcript
Karooooo Ltd. (NASDAQ:KARO ) Q3 2025 Earnings Conference Call January 15, 2024 8:00 AM ET Company Participants Carmen Calisto - Chief Strategy and Marketing Officer Goy Hoeshin - Chief Financial Officer Zak Calisto - Chief Executive Officer Conference Call Participants Operator Hello and welcome to Karooooo's Financial Year 2025 Q3 Earnings Call.
seekingalpha.com
- 3 months ago
Karooooo Ltd. (KARO) Q3 Earnings and Revenues Surpass Estimates
Karooooo Ltd. (KARO) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.38 per share.
zacks.com
- 3 months ago
Karooooo Delivers Strong Q3 2025 Results with Solid Customer Gains and Record EPS
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) (NASDAQ: KARO) reported strong results in the third quarter of FY2025 (“Q3 2025”) ended November, 30 2024. Karooooo owns 100% of Cartrack and 74.8% of Karooooo Logistics, (collectively, “the group”). Financial and operational highlights include: Karooooo subscribers increased 17% Y/Y to 2.22 million Cartrack net quarterly subscriber additions increased 15% Y/Y to 86,617 Karooooo quarterly earnings per share increased 21% Y/Y to a record.
businesswire.com
- 3 months ago
Karooooo to Announce Third Quarter 2025 Results on January 14, 2025
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), which owns 100% of Cartrack and 74.8% of Karooooo Logistics, announced that the Company will release its Third Quarter 2025 Financial Results on Tuesday, January 14, 2025 shortly after 04:00 p.m. Eastern Time. Webcast: The Company will host a corresponding Zoom webinar on Wednesday, January 15, 2024 at 08:00 a.m. Eastern Time (03:00 p.m. South African time; 09:00 p.m. Singaporean time). Investors are invi.
businesswire.com
- 3 months ago
Southeast Asia Fleet Management Market Report 2024, Featuring Top 5 Players - Jimi IoT, Cartrack (Karooooo), TransTRACK DTC and Onelink
Dublin, Oct. 30, 2024 (GLOBE NEWSWIRE) -- The "Fleet Management in Southeast Asia - 1st Edition" report has been added to ResearchAndMarkets.com's offering.
globenewswire.com
- 6 months ago
Karooooo: Southeast Asian Opportunity Indicates Strong Growth Prospects
Karooooo is continuing to expand in Southeast Asia, leveraging favorable market conditions and an underpenetrated market. The Southeast Asian telematics market is projected to grow at a CAGR of 11.53% from 2024 to 2029, adding c3.4m IoT devices. KARO's experience in emerging markets and scalable solutions position it well to capture the growing demand for telematics in Southeast Asia.
seekingalpha.com
- 6 months ago
Karooooo: An Overlooked GARP Gem
Karooooo Ltd. is a SaaS mobility company with promising growth attributes, driven by its Cartrack and Logistics services. Despite a Q2 revenue miss, Karooooo's subscription revenue grew by 17%, and its earnings per share surged 31% year-over-year, conveying an exponential trajectory. Karooooo's logistics segment looks like a hidden asset, complementing its mature Cartrack business, which benefits from vehicle safety demands in South Africa.
seekingalpha.com
- 6 months ago
Karooooo Ltd.'s Q2 Earnings: Subscriber Growth Strong, But Revenue Stalls
Karooooo Ltd. reported mixed Q2 results, with strong subscriber growth and efficient margins but missed revenue expectations and faced challenges in Southeast Asia. Despite a 15% stock drop post-earnings, the company boasts an impressive 46.63% dividend growth over two years and a solid financial position. Management is optimistic about long-term growth, focusing on AI integration and expanding in Southeast Asia, despite potential short-term margin pressure and ARPU decline.
seekingalpha.com
- 6 months ago
8. Profile
Summary
Karooooo Ltd. KARO
COUNTRY
SG
INDUSTRY
Software - Application
MARKET CAP
$ 1.25 B
Dividend Yield
0.00%
Description
Karooooo Ltd. provides mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States. The company offers Fleet Telematics, a fleet management SaaS platform that provides real-time insights; LiveVision, which offers pro-active risk management and fleet visibility; MiFleet advanced fleet administration and business intelligence that provides cost management and administration capability services; and Karooooo Logistics, a software application for management of last mile delivery and general operational logistics. It also provides Cartrack Field Service, a software application for management of field and on site workers; Business Intelligence for high-level view of fleet statistics; asset tracking for tracking and tracing moveable assets; asset recovery services that assists vehicle owners and insurance companies with the recovery of vehicles and other assets; and insurance telematics that allows insurers to tailor premiums for commercial and consumer customers using analytics; Protector, a safety package for consumer vehicles; and Car Watch, a mobile application that lets users track and watch their vehicles. In addition, the company offers specialist mobility solutions that include Bike Track, a GPS-based solution for commercial motorbike fleets; Credit Management that predicts payment cycles and facilitate active credit management for asset-based vehicle finance; electronic monitoring services application that allows law enforcement agencies to monitor persons of interest; and mobility and monitoring solutions, such as Carzuka, cartrack insurance agency, and on-demand rideshare taxi application, as well as smart IoT products. It provides its solutions through direct sales force to consumers and sole proprietors, small and medium-sized businesses, large enterprises, and other connected devices. Karooooo Ltd. was founded in 2001 and is headquartered in Singapore.
Contact
1 Harbourfront Avenue, Singapore, 098632
https://www.karooooo.com
IPO
Date
April 1, 2021
Employees
4387
Officers
Mr. Isaias Jose Calisto
Founder, Chief Executive Officer & Executive Chairman
Ms. Hoe Shin Goy
Chief Financial Officer & Executive Director
Mr. Juan Marais
Chief Sales Officer
Ms. Carmen Calisto
Chief Strategy & Marketing Officer
Mr. Pedro Ventura
Chief Technology Officer
Mr. Richard J. Schubert
Chief Operating Officer
Mr. Paul Judd Bieber
Vice President of Investor Relations & Strategic Finance