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

62.90 0.26 −0.41%
Market cap
$2.0B
P/E
30.1×
Fwd P/E
28.1×
Dividend yield
2.38%
F-score
5/9
Altman Z
8.54
Beneish M
−3.31
Dividend safety
58/100

Karooooo Ltd. (KARO) Piotroski F-score

Alert me on Piotroski F-score

Karooooo Ltd.'s Piotroski F-score for fiscal 2026 is 5 out of 9: 5 of nine tests of profitability, leverage and efficiency passed, down from 7 in fiscal 2025.

Piotroski F-score, annual

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Annual newest first

Period Piotroski F-score Change (points)
FY2026 5 (2.00)
FY2025 7 1.00
FY2024 6 (1.00)
FY2023 7 1.00
FY2022 6 0.00
FY2021 6 —

How fiscal 2026’s score is made up

Test This year Year before Result Points
Positive return on assets 18.68% 19.81% Pass 1
Positive operating cash flow 112.71m 105.75m Pass 1
Rising return on assets 18.68% 19.81% Fail 0
Cash flow above net income 55.76m 55.37m Pass 1
Falling long-term leverage 0.10 0.03 Fail 0
Rising current ratio 1.06 1.14 Fail 0
No new shares issued 30,893,000 30,895,000 Pass 1
Rising gross margin 67.97% 70.13% Fail 0
Rising asset turnover 1.03 0.98 Pass 1
Piotroski F-score Mixed 5

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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