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. In the quarter to May 2026, revenue grew 35.8%, EPS grew 25.5%, free cash flow fell 7.21% and total debt rose 224.5%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five.

60.38 2.16 −3.45%
Market cap
$1.9B
P/E
30.6×
Fwd P/E
20.0×
Dividend yield
2.48%
F-score
5/9
Altman Z
8.54
Beneish M
−3.31
Dividend safety
58/100

Insider Decisions trades per month

Total sells 18.44
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — 3 9 — —
Insider Ownership 67.60%

Capital & Financial Ratios $m

Market Cap 1,930.00
Revenue 338.76
Net Income 77.91
Free Cash Flow 110.20
Net Debt (34.04)
Current Ratio 1.02
Debt/Equity 0.15 (at or below 0.5: strong)
P/E ratio 30.65
Fwd P/E 20.00
P/S ratio 5.51
P/B ratio 8.53 (above 6: high)
Past 5Y EPS Growth 14.14%
This Y EPS Growth 22.28% (at or above 15%: strong)
Next Y EPS Growth 12.05%
Next Y revenue growth 109.67% (at or above 10%: strong)
Next 5Y EPS Growth 21.17% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 85.31%
10-year low 10-year high
P/S against its own 10 years 76.33%
10-year low 10-year high
P/B against its own 10 years 86.07%
10-year low 10-year high
EV/Sales against its own 10 years 78.45%
10-year low 10-year high

Dividends

Payout Ratio 0.76
Annual Dividend Rate 1.50
Annual Dividend Yield 2.48%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 2.58
1.50
2025 2.04
1.25
2024 1.08
1.08
2023 0.85
0.85
2022 0.60
0.60
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
2017 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 25 57 66 67
Receivables 53 33 34 48
Inventory 0 0 0 0
Other — — — —
78 91 101 115
2024 2025 2026 Q'26
Payables 24 26 34 45
ST’ Debt — — — —
Other 0 0 — —
50 79 96 114

Compound Annual Growth %

10y 5y 3y
Sales — 17.58% 14.20%
Cash Flow — 14.53% 18.51%
Earnings — 24.02% 16.64%
Book Value — 19.50% 5.62%

Revenue $m

May Aug Nov Feb Year
’26 94 — — — —
’26 69 76 81 88 314
’25 58 61 66 66 250
’24 54 56 57 58 225
’23 52 52 53 53 211
’22 43 46 48 48 185
’21 — — — 41 140
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

May Aug Nov Feb Year
’26 32 — — — —
’26 35 16 33 28 113
’25 45 23 27 11 106
’24 18 16 23 (7) 51
’23 21 13 14 20 68
’22 15 15 19 13 63
’21 — — 13 57 57
Fiscal quarters ending in the months shown.

Free Cash Flow $m

May Aug Nov Feb Year
’26 32 — — — —
’26 35 16 33 (41) 43
’25 30 23 27 (48) 47
’24 18 16 23 (56) 2
’23 21 13 14 (17) 31
’22 15 15 19 (27) 23
’21 — — 13 29 26
Fiscal quarters ending in the months shown.

EPS $

May Aug Nov Feb Year
’26 0.59 — — — —
’26 0.47 0.45 0.49 0.44 1.84
’25 0.39 0.38 0.43 0.44 1.63
’24 0.27 0.30 0.34 0.36 1.28
’23 0.32 0.30 0.27 0.27 1.16
’22 0.25 0.27 0.32 0.20 1.03
’21 — — — 0.20 0.95
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to February

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low — — — — 28.03 20.00 18.59 23.35 35.88 42.11

Analyst estimates 2027–2029

Powerpack
High — — — — 42.50 39.50 29.99 50.00 63.36 68.80
People
People Employees — — — 2,776 2,999 3,508 4,039 4,387 5,711 7,395
Revenue/emp, $m — — 0.00 0.00 0.05 0.05 0.05 0.05 0.04 0.04
Income, $m
Income, $m Revenue — — 125 133 140 185 211 225 250 314
Gross margin, % — — 71.37 70.40 70.73 66.41 64.79 63.98 70.13 67.97
EBT — — 35 42 42 46 54 57 68 78
EBT margin, % — — 27.84 31.76 30.39 24.84 25.49 25.34 27.30 24.82
Net income — 0 14 0 42 46 54 57 68 78
Depreciation — — 19 22 24 34 33 35 36 50
Per share, $
Per share, $ Revenue — — 6.15 6.18 6.87 6.27 6.81 7.28 8.09 10.16
Earnings — — 0.68 0.92 0.95 1.03 1.16 1.28 1.63 1.84
Cash flow — — 1.71 2.87 2.81 2.13 2.19 1.65 3.42 3.65
Capex — — 0.00 0.00 (1.53) (1.35) (1.20) (1.60) (1.91) (2.25)
Free cash flow — — 1.71 2.87 1.29 0.78 0.99 0.05 1.52 1.40
Book value — — 2.16 2.59 3.85 4.96 5.23 5.20 5.75 6.17
Shares, m — — 20 22 20 30 31 31 31 31
Valuation, ×
Valuation, × P/E — — 31.73 31.73 31.73 30.29 22.09 19.54 27.60 25.21
P/S — — 0.00 0.00 0.00 5.03 3.78 3.41 5.60 4.59
P/B — — 8.83 8.83 8.83 6.35 4.86 4.77 7.88 7.56
EV/Sales — — 0.00 0.00 0.00 4.81 3.53 3.34 5.40 4.48
EV/FCF — — 0.00 0.00 0.00 14.17 11.04 (7.92) (24.70) (17.52)
Cash, $m
Cash, $m Operating cash flow — — 35 62 57 63 68 51 106 113
Capex — — (32) (29) (31) (40) (37) (50) (59) (70)
Free cash flow — — 35 62 26 23 31 2 47 43
Balance, $m
Balance, $m Working capital — — 8 10 (7) 33 40 28 11 5
Total debt — — 25 8 4 9 6 9 9 32
Net debt — — 22 (2) (2) (40) (52) (15) (48) (34)
Shareholders’ equity — — 44 56 78 147 162 161 178 191
Returns, %
Returns, % ROA — — 25.26 0.00 13.15 15.71 16.55 17.34 19.81 18.68
ROIC — — 0.00 0.00 36.38 27.68 30.08 23.99 34.73 32.38
ROE — — 27.53 39.80 28.96 26.98 23.28 24.52 29.77 30.94
Negative figures in brackets.

All 10 years →

Fiscal years to Feb 2026 · latest quarter May 2026

Charts ten years each

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
NCNO nCino Inc. $2.2B 66.2× 43.6× +8.19% (above 0%: growing) n/m +170.13% (above 0%: growing) 62.59% 8.46% Compare
VERX Vertex, Inc. $2.2B 389× 73.1× +10.52% (above 0%: growing) n/m −86.05% (below 0%: shrinking) 64.37% (2.18%) Compare
SOUN SoundHound AI, Inc. $2.2B — (loss-making) — (loss-making) +45.02% (above 0%: growing) n/m −49.37% (below 0%: shrinking) 45.12% (69.95%) Compare
AMPL Amplitude, Inc. $2.0B — (loss-making) — (loss-making) +21.16% (above 0%: growing) n/m +30.66% (above 0%: growing) 68.50% (34.87%) Compare
KARO Karooooo Ltd. $1.9B 30.6× 20.0× +35.78% (above 0%: growing) +25.53% (above 0%: growing) −7.21% (below 0%: shrinking) 68.35% 26.20%
BL BlackLine $1.8B 75.7× 31.2× +9.18% (above 0%: growing) +21.77% (above 0%: growing) +43.65% (above 0%: growing) 75.96% 5.85% Compare
WLTH Wealthfront Corporation $1.8B — (loss-making) 26.4× +0.82% (above 0%: growing) −86.01% (below 0%: shrinking) +22.17% (above 0%: growing) 88.28% 18.27% Compare
PDFS PDF Solutions, Inc. $1.7B 157× 107× +18.95% (above 0%: growing) +233.33% (above 0%: growing) +113.90% (above 0%: growing) 68.95% 8.23% Compare
EVCM EverCommerce Inc. $1.7B 52.4× 41.5× +2.70% (above 0%: growing) +25.00% (above 0%: growing) +3.41% (above 0%: growing) 78.61% 11.49% Compare
Median of peers $1.9B 75.7× 42.6× +9.85% +23.39% +26.42% 68.73% 7.04%

All 237 Software Application stocks →

Karooooo Ltd. (KARO) key facts

  • Strength: Karooooo Ltd.’s revenue for fiscal 2026 (year ended February 2026) was $314.0 million, up 25.7% from fiscal 2025.
  • Strength: Net income was $77.9 million, or $1.84 per share (basic), a net margin of 18.1%.
  • Karooooo Ltd. (KARO) is a Software Application company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, KARO traded at $60.38, a market capitalization of $1.9 billion.
  • At that price the stock trades at 30.6× trailing-twelve-month earnings and 5.5× sales; its P/E is higher than 85% of its own readings over the past ten years.
  • Karooooo Ltd. pays an annual dividend of $1.50 per share, a yield of 2.48%, with a payout ratio of 76.1%.
  • Return on equity was 30.9% and debt-to-equity 0.15.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 8.54 (safe zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

Karooooo Ltd. (KARO) Latest News

14 May

stockrow.com/KARO · Data as of May 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com