Friday 6 November 2026
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Karooooo Ltd.
KARO Technology Software Application
Karooooo Ltd.’s revenue for fiscal 2026 (year ended February 2026) was $314.0 million, up 25.7% from fiscal 2025.
- Revenue
- +32.9%
- EPS
- +26.7%
- Free cash flow
- +113.9%
- Total debt
- +146.2%
Quarter to August 2026, against a year earlier
63.00
2.07
−3.18%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to February
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM Aug ’26 | Trend | 10 yrs | 2027e | 2028e | 2029e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | 125 | 133 | 140 | 185 | 211 | 225 | 250 | 314 | 364 | +14.1% | 671 | 780 | 913 | +42.7% | |
| Gross margin, % | — | — | 71.37 | 70.40 | 70.73 | 66.41 | 64.79 | 63.98 | 70.13 | 67.97 | 67.34 | (3.4) pt | ||||||
| EBT | — | — | 35 | 42 | 42 | 46 | 54 | 57 | 68 | 78 | 88 | +12.2% | ||||||
| EBT margin, % | — | — | 27.84 | 31.76 | 30.39 | 24.84 | 25.49 | 25.34 | 27.30 | 24.82 | 24.23 | (3.0) pt | ||||||
| Net income | — | 0 | 14 | 0 | 42 | 46 | 54 | 57 | 68 | 78 | 78 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | 6.15 | 6.18 | 6.87 | 6.27 | 6.81 | 7.28 | 8.09 | 10.16 | 11.77 | +7.5% | |||||
| Earnings | — | — | 0.68 | 0.92 | 0.95 | 1.03 | 1.16 | 1.28 | 1.63 | 1.84 | 2.09 | +15.3% | ||||||
| Cash flow | — | — | 1.71 | 2.87 | 2.81 | 2.13 | 2.19 | 1.65 | 3.42 | 3.65 | 4.16 | +11.4% | ||||||
| Capex | — | — | 0.00 | 0.00 | (1.53) | (1.35) | (1.20) | (1.60) | (1.91) | (2.25) | 0.00 | n/m | ||||||
| Free cash flow | — | — | 1.71 | 2.87 | 1.29 | 0.78 | 0.99 | 0.05 | 1.52 | 1.40 | 4.16 | (2.9%) | ||||||
| Book value | — | — | 2.16 | 2.59 | 3.85 | 4.96 | 5.23 | 5.20 | 5.75 | 6.17 | 6.17 | +16.2% | ||||||
| Shares, m | — | — | 20 | 22 | 20 | 30 | 31 | 31 | 31 | 31 | 31 | +6.2% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | 31.73 | 31.73 | 31.73 | 30.29 | 22.09 | 19.54 | 27.60 | 25.21 | 30.14 | 27.5 | |||||
| P/S | — | — | 0.00 | 0.00 | 0.00 | 5.03 | 3.78 | 3.41 | 5.60 | 4.59 | 5.35 | 2.8 | ||||||
| P/B | — | — | 8.83 | 8.83 | 8.83 | 6.35 | 4.86 | 4.77 | 7.88 | 7.56 | 10.20 | 7.2 | ||||||
| EV/Sales | — | — | 0.00 | 0.00 | 0.00 | 4.81 | 3.53 | 3.34 | 5.40 | 4.48 | 5.33 | 2.7 | ||||||
| EV/FCF | — | — | 0.00 | 0.00 | 0.00 | 14.17 | 11.04 | (7.92) | (24.70) | (17.52) | (30.16) | (3.1) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | 35 | 62 | 57 | 63 | 68 | 51 | 106 | 113 | 129 | +18.3% | |||||
| Capex | — | — | (32) | (29) | (31) | (40) | (37) | (50) | (59) | (70) | (193) | +11.6% | ||||||
| Free cash flow | — | — | 35 | 62 | 26 | 23 | 31 | 2 | 47 | 43 | 129 | +3.1% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | 8 | 10 | (7) | 33 | 40 | 28 | 11 | 5 | (52) | (5.4%) | |||||
| Net debt | — | — | 22 | (2) | (2) | (40) | (52) | (15) | (48) | (34) | (7) | n/m | ||||||
| Shareholders’ equity | — | — | 44 | 56 | 78 | 147 | 162 | 161 | 178 | 191 | 191 | +23.3% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | 25.26 | 0.00 | 13.15 | 15.71 | 16.55 | 17.34 | 19.81 | 18.68 | 19.44 | (6.6) pt | |||||
| ROIC | — | — | 0.00 | 0.00 | 36.38 | 27.68 | 30.08 | 23.99 | 34.73 | 32.38 | 31.48 | +32.4 pt | ||||||
| ROE | — | — | 27.53 | 39.80 | 28.96 | 26.98 | 23.28 | 24.52 | 29.77 | 30.94 | 35.47 | +3.4 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | 2,776 | 2,999 | 3,508 | 4,039 | 4,387 | 5,711 | 7,395 | — | +17.7% | |||||
| Revenue/emp, $m | — | — | 0.00 | 0.00 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Feb 2026 · latest quarter Aug 2026 · fundamentals updated 2 Nov 2026
Karooooo Ltd. vs peers in Software Application (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PLUS ePlus inc. | $2.2B | 17.9× | 19.1× | +0.99% (above 0%: growing) | −27.78% (below 0%: shrinking) | +175.78% (above 0%: growing) | 23.31% | 5.98% | Compare |
| AMPL Amplitude, Inc. | $2.0B | — (loss-making) | — (loss-making) | +24.93% (above 0%: growing) | n/m | +73.60% (above 0%: growing) | 67.24% | (22.25%) | Compare |
| BL BlackLine | $2.0B | 57.0× | 35.5× | +9.18% (above 0%: growing) | +115.38% (above 0%: growing) | +43.65% (above 0%: growing) | 75.96% | 5.85% | Compare |
| DBD Diebold Nixdorf, Incorporated | $2.0B | 26.6× | — | +5.19% (above 0%: growing) | −81.35% (below 0%: shrinking) | −346.12% (below 0%: shrinking) | 24.86% | 3.90% | Compare |
| KARO Karooooo Ltd. | $2.0B | 30.1× | 28.1× | +32.91% (above 0%: growing) | +26.67% (above 0%: growing) | +113.90% (above 0%: growing) | 65.55% | 25.75% | |
| SOUN SoundHound AI, Inc. | $1.9B | — (loss-making) | — (loss-making) | +45.02% (above 0%: growing) | n/m | −49.37% (below 0%: shrinking) | 45.12% | (69.95%) | Compare |
| WLTH Wealthfront Corporation | $1.7B | — (loss-making) | 28.3× | +0.82% (above 0%: growing) | −86.01% (below 0%: shrinking) | +22.17% (above 0%: growing) | 88.28% | 18.27% | Compare |
| ADEA Adeia Inc. | $1.6B | 13.8× | 31.7× | −8.18% (below 0%: shrinking) | −74.37% (below 0%: shrinking) | −75.31% (below 0%: shrinking) | 100.00% | 11.28% | Compare |
| BTDR Bitdeer Technologies Group | $1.4B | — (loss-making) | — (loss-making) | +47.05% (above 0%: growing) | n/m | +5.54% (above 0%: growing) | (3.73%) | (44.47%) | Compare |
| Median of peers | $1.9B | 22.3× | 30.0× | +7.19% | −74.37% | +13.86% | 56.18% | 4.88% |
Karooooo Ltd. (KARO) Latest News
20 Oct
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16 Jul
15 Jul
21 May
14 May
13 May
11 Feb
KARO metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score