Technology - Software - Application - NASDAQ - SG
$ 39.6
3.83 %
$ 1.22 B
Market Cap
26.58
P/E
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.[ Read More ]
The intrinsic value of one KARO stock under the base case scenario is HIDDEN Compared to the current market price of 39.6 USD, Karooooo Ltd. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart KARO
FINANCIALS
4.21 B
REVENUE
1.04 B
OPERATING INCOME
1.07 B
NET INCOME
955 M
OPERATING CASH FLOW
-932 M
INVESTING CASH FLOW
-593 M
FINANCING CASH FLOW
1.11 B
REVENUE
302 M
OPERATING INCOME
212 M
NET INCOME
394 M
OPERATING CASH FLOW
-241 M
INVESTING CASH FLOW
-389 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Karooooo Ltd.
| Current Assets | 1.46 B |
| Cash & Short-Term Investments | 460 M |
| Receivables | 389 M |
| Other Current Assets | 612 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
63.98%
GROSS MARGIN
24.79%
OPERATING MARGIN
17.55%
NET MARGIN
24.93%
ROE
17.14%
ROA
24.32%
ROIC
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
-29.29%
KARO Average Price Target
Wall Street Target
33 USD
-16.67%
KARO Highest Price Target
Wall Street Target
41 USD
3.54%
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
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
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
- 2 weeks 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
- 3 weeks 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
- 1 month 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
- 1 month ago
Karooooo Ltd. (KARO) Q2 2025 Earnings Call Transcript
Karooooo Ltd. (NASDAQ:KARO ) Q2 2025 Earnings Conference Call October 15, 2024 8:00 AM ET Company Participants Carmen Calisto - Group Chief Strategy and Marketing Officer Goy Hoeshin - Group CFO Zak Calisto - Founder, CEO & Director Carmen Calisto Hello and welcome to Karooooo's Financial Year 2025 Q2 Earnings Call.
seekingalpha.com
- 1 month ago
Karooooo Ltd. (KARO) Surpasses Q2 Earnings and Revenue Estimates
Karooooo Ltd. (KARO) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.38 per share.
zacks.com
- 1 month ago
Karooooo Increases Earnings by 31% Driven by Strong Subscription Revenue Growth and Higher Gross Margins
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) reported strong results and a positive outlook in the second quarter (“Q2 2025”) and Half-Year (“HY 2025”) ended August 31, 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 2.14 million Cartrack net subscriber additions increased 18% Y/Y to a record 89,168 Cartrack gross margin improved approximately 3.
businesswire.com
- 1 month ago
Karooooo Ltd (KARO) Trading 5.86% Higher on Oct 2
Shares of Karooooo Ltd (KARO, Financial) surged 5.86% in mid-day trading on Oct 2. The stock reached an intraday high of $40.17, before settling at $39.17, up from its previous close of $37.00.
gurufocus.com
- 1 month ago
Karooooo to Announce Second Quarter 2025 Results on October 14, 2024
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 Second Quarter 2025 Financial Results on Monday, October 14, 2024 shortly after 04:00 p.m. Eastern Time. Webcast: The Company will host a corresponding Zoom webinar on Tuesday, October 15, 2024 at 08:00 a.m. Eastern Time (02:00 p.m. South African time; 08:00 p.m. Singaporean time). Investors are invite.
businesswire.com
- 1 month ago
Karooooo: A Bet On Emerging Markets And Data
Karooooo is a leading provider of an on-the-ground operations cloud, with Cartrack as its most important segment, contributing over 80% of revenue. The company flies under the radar due to its size and foreign operations, presenting a unique opportunity. Karooooo generates close to 80% of its revenue in South Africa, with Southeast Asia as its next big market.
seekingalpha.com
- 3 months ago
Karooooo Ltd. Announces Termination of Secondary Public Offering of Ordinary Shares Due to Market Conditions
SINGAPORE--(BUSINESS WIRE)--Karooooo Ltd. (“Karooooo”) today announced that Isaias (Zak) Jose Calisto (the “Selling Shareholder”), Karooooo's Chief Executive Officer, has terminated the underwritten secondary public offering (the “Offering”) of ordinary shares previously announced on July 24, 2024. Though the proposed Offering, which was undertaken by the Selling Shareholder with the goal of improving liquidity for investors, was met with significant investor interest and an oversubscription of.
businesswire.com
- 3 months ago
Karooooo Ltd. (KARO) Q1 2025 Earnings Call Transcript
Karooooo Ltd. (NASDAQ:KARO ) Q1 2025 Results Conference Call July 19, 2024 8:00 AM ET Company Participants Carmen Calisto - Group Chief Strategy and Marketing Officer Goy Hoeshin - Group Chief Financial Officer Zak Calisto - Founder, CEO & Director Carmen Calisto Hello, and welcome to Karooooo's Financial Year 2025 Q1 Earnings Call.
seekingalpha.com
- 3 months ago
8. Profile Summary
Karooooo Ltd. KARO
COUNTRY
SG
INDUSTRY
Software - Application
MARKET CAP
$ 1.22 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. Pedro Ventura
Chief Technology Officer
Mr. Juan Marais
Chief Sales Officer
Ms. Carmen Calisto
Chief Strategy & Marketing Officer
Mr. Richard J. Schubert
Chief Operating Officer
Mr. Isaias Jose Calisto
Founder, Chief Executive Officer & Executive Chairman
Ms. Hoe Shin Goy
Chief Financial Officer & Executive Director