KARO
KARO 1-star rating from Upturn Advisory

Karooooo Ltd (KARO)

Karooooo Ltd (KARO) 1-star rating from Upturn Advisory
$45.78
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Upturn Advisory Summary

11/10/2025: KARO (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

3 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $60.36

1 Year Target Price $60.36

Analysts Price Target For last 52 week
$60.36 Target price
52w Low $34.94
Current$45.78
52w High $61.71

Analysis of Past Performance

Type Stock
Historic Profit 28.84%
Avg. Invested days 44
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/10/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.34B USD
Price to earnings Ratio 23.44
1Y Target Price 60.36
Price to earnings Ratio 23.44
1Y Target Price 60.36
Volume (30-day avg) 3
Beta 1.07
52 Weeks Range 34.94 - 61.71
Updated Date 11/10/2025
52 Weeks Range 34.94 - 61.71
Updated Date 11/10/2025
Dividends yield (FY) 48.98%
Basic EPS (TTM) 1.85

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 19.91%
Operating Margin (TTM) 26.49%

Management Effectiveness

Return on Assets (TTM) 19.1%
Return on Equity (TTM) 35.2%

Valuation

Trailing PE 23.44
Forward PE 30.49
Enterprise Value 1748915883
Price to Sales(TTM) 0.27
Enterprise Value 1748915883
Price to Sales(TTM) 0.27
Enterprise Value to Revenue 6.32
Enterprise Value to EBITDA 22.33
Shares Outstanding 30893300
Shares Floating 7519429
Shares Outstanding 30893300
Shares Floating 7519429
Percent Insiders 79.05
Percent Institutions 15.46

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Karooooo Ltd

Karooooo Ltd(KARO) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Karooooo Ltd, formerly Cartrack Holdings Ltd, was founded in South Africa and listed on the Johannesburg Stock Exchange (JSE) in December 2014. The company later dual-listed on the Nasdaq in April 2021 under the ticker KARO. It has grown from a stolen vehicle recovery service to a comprehensive mobility solutions platform.

Company business area logo Core Business Areas

  • Cartrack: Provides real-time vehicle tracking, fleet management, and insurance telematics solutions. Core focus is on vehicle recovery and fleet optimization.
  • Karooooo Logistics: Offers solutions for logistics management, including route optimization and delivery tracking.
  • Karooooo Insurance: Provides vehicle insurance telematics solutions that monitor driving behavior and promote safer driving.
  • Picup: Provides last-mile delivery solutions with a focus on leveraging technology for efficient logistics and tracking services. A subsidiary company

leadership logo Leadership and Structure

Zak Calisto is the CEO of Karooooo Ltd. The organizational structure includes executive management overseeing various departments such as sales, marketing, technology, and operations.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Vehicle Tracking and Recovery: Provides real-time tracking, stolen vehicle recovery, and fleet management solutions. While precise global market share data is unavailable, Karooooo boasts a strong presence in South Africa and other emerging markets. Competitors include Geotab, Samsara, and MiX Telematics.
  • Fleet Management Solutions: Offers tools for optimizing fleet operations, including route planning, driver behavior monitoring, and fuel management. Revenue is embedded in the Cartrack revenue. Main competitors are Samsara, Verizon Connect, and Trimble.
  • Insurance Telematics: Utilizes driving data to offer tailored insurance premiums and incentivize safe driving habits. Revenue is embedded in the Cartrack revenue. Competitors include Cambridge Mobile Telematics and Octo Telematics.
  • Last Mile Delivery: Picup is a subsidary. Provides tracking of the driver and the delivery vehicle as well as an estimated time of delivery for the customer. Competitors include Onfleet, Bringg and Locus.

Market Dynamics

industry overview logo Industry Overview

The telematics and fleet management industry is experiencing strong growth, driven by increasing demand for vehicle tracking, safety, and efficiency solutions. The rise of e-commerce and last-mile delivery services further fuels the need for advanced logistics management tools.

Positioning

Karooooo Ltd is positioned as a comprehensive mobility solutions provider, focusing on both vehicle tracking and fleet optimization, particularly in emerging markets. Its competitive advantage lies in its integrated platform and strong presence in South Africa and the broader African continent.

Total Addressable Market (TAM)

The global telematics market is projected to reach hundreds of billions of USD. Karooooo Ltd is well-positioned to capture a significant portion of this market, particularly in emerging economies, through its comprehensive solutions.

Upturn SWOT Analysis

Strengths

  • Strong presence in emerging markets
  • Comprehensive and integrated platform
  • Experienced management team
  • Proprietary technology
  • High subscriber retention rates

Weaknesses

  • Geographic concentration (reliance on South African market)
  • Exposure to currency fluctuations
  • Limited brand recognition in developed markets
  • Dependence on vehicle sales for subscriber growth

Opportunities

  • Expansion into new geographic regions
  • Acquisition of complementary businesses
  • Development of new products and services
  • Partnerships with vehicle manufacturers and insurance companies
  • Increased adoption of telematics in emerging markets

Threats

  • Intense competition from established players
  • Technological disruptions
  • Economic downturns in key markets
  • Regulatory changes affecting the telematics industry
  • Data security and privacy concerns

Competitors and Market Share

Key competitor logo Key Competitors

  • Samsara (IOT)
  • Geotab
  • MiX Telematics (MIXT)

Competitive Landscape

Karooooo faces competition from established players with larger market capitalization and global reach. Its strengths include its strong presence in emerging markets and integrated platform.

Major Acquisitions

Cartrack Australia

  • Year: 2016
  • Acquisition Price (USD millions):
  • Strategic Rationale: Expanded Karooooo's presence into the Australian market.

Growth Trajectory and Initiatives

Historical Growth: Karooooo has demonstrated consistent subscriber growth and revenue expansion, particularly in its core markets.

Future Projections: Analyst estimates suggest continued growth driven by increasing adoption of telematics and expansion into new markets. Financial data sources are needed for the real financial numbers and their future projections.

Recent Initiatives: Recent initiatives include strategic acquisitions, product enhancements, and expansion into new geographic regions.

Summary

Karooooo demonstrates a strong position in emerging markets with a comprehensive mobility solutions platform. Growth is driven by subscriber increases and geographic expansion. Currency fluctuations and competition pose potential risks. Its integrated platform offers competitive advantages in its core market.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Website (Investor Relations)
  • Analyst Reports (FactSet, Bloomberg - limited access)
  • Industry Reports (Gartner, Frost & Sullivan - with subscription)

Disclaimers:

This analysis is based on publicly available information and limited access to proprietary data. Financial data is based on placeholder information due to requirement of numerical financial data. Actual financial data may vary. This is not financial advice.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Karooooo Ltd

Exchange NASDAQ
Headquaters -
IPO Launch date 2021-04-01
Founder, CEO & Executive Chairman Mr. Isaias Jose Calisto
Sector Technology
Industry Software - Application
Full time employees 5711
Full time employees 5711

Karooooo Ltd. provides a mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, the rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States. It operates through Cartrack, Carzuka, and Karooooo Logistics segments. The company offers Fleet Management, which provides real-time visibility into the asset base; LiveVision for pro-active risk management and fleet visibility; MiFleet advanced fleet administration for cost management and administration capabilities; 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 view of fleet statistics; asset tracking for tracking and tracing moveable assets; asset recovery services that assist vehicle owners and insurance companies with the recovery of vehicles and other assets; 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 Bike Track, a GPS-based solution for commercial motorbike fleets; Credit Management that predicts payment cycles and facilitates active credit management for asset-based vehicle finance; an electronic monitoring services application that allows law enforcement agencies to monitor persons of interest; and mobility and monitoring solutions, such as Carzuka and Cartrack insurance agency, as well as smart IoT products. It serves consumers and sole proprietors, small and medium-sized businesses, and large enterprises. Karooooo Ltd. was founded in 2001 and is headquartered in Singapore.