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Upturn AI SWOT - About
Karooooo Ltd (KARO)

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Upturn Advisory Summary
12/01/2025: KARO (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $60.62
1 Year Target Price $60.62
| 1 | Strong Buy |
| 2 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 28.84% | Avg. Invested days 44 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.39B USD | Price to earnings Ratio 23.95 | 1Y Target Price 60.62 |
Price to earnings Ratio 23.95 | 1Y Target Price 60.62 | ||
Volume (30-day avg) 3 | Beta 1.07 | 52 Weeks Range 34.94 - 61.71 | Updated Date 12/1/2025 |
52 Weeks Range 34.94 - 61.71 | Updated Date 12/1/2025 | ||
Dividends yield (FY) 47.77% | Basic EPS (TTM) 1.88 |
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 23.95 | Forward PE 19.76 | Enterprise Value 1404770154 | Price to Sales(TTM) 0.28 |
Enterprise Value 1404770154 | Price to Sales(TTM) 0.28 | ||
Enterprise Value to Revenue 4.82 | Enterprise Value to EBITDA 17.19 | Shares Outstanding 30893300 | Shares Floating 7512633 |
Shares Outstanding 30893300 | Shares Floating 7512633 | ||
Percent Insiders 79.05 | Percent Institutions 15.09 |
Upturn AI SWOT
Karooooo Ltd
Company Overview
History and Background
Karooooo Ltd, formerly known as Cartrack Holdings Limited, was founded in 2001. It provides a comprehensive operational IoT ecosystem, maximizing the value of real-time data insights. The company has expanded globally through organic growth and acquisitions, focusing on vehicle telematics and fleet management.
Core Business Areas
- Karooooo: Provides a Software-as-a-Service (SaaS) platform delivering real-time mobility data analytics. The platform includes fleet management, supply chain visibility, insurance risk mitigation, and car dealerships solutions.
- Cartrack: Offers stolen vehicle recovery and insurance telematics services, predominantly operating in South Africa.
- Beame: Is a wireless early warning stolen vehicle recovery product.
Leadership and Structure
Zak Calisto is the Global CEO. The company operates with a regional management structure overseen by the board of directors. Karooooo has a fairly flat organizational structure, fostering quick decision-making and agility within its various regional operations.
Top Products and Market Share
Key Offerings
- Karooooo Platform: The SaaS platform offering fleet management, supply chain visibility, and insurance risk mitigation. The company reports over 1.74 million subscribers on the platform as of February 2024. Competitors include Verizon Connect, Samsara, and Trimble.
- Stolen Vehicle Recovery: Cartrack's SVR services offer vehicle tracking and recovery in the event of theft. This service is more dominant in South Africa. Competitors include Tracker and Netstar.
- Beame: Wireless stolen vehicle recovery solution with no installation required. Competitors would be smaller, regional recovery services.
Market Dynamics
Industry Overview
The telematics and IoT market is experiencing strong growth, driven by increasing demand for fleet management, connected car services, and insurance telematics. The industry is competitive, with numerous players offering a range of solutions.
Positioning
Karooooo is positioned as a leading provider of a comprehensive, integrated SaaS platform for mobility data analytics. Its competitive advantages include its proprietary technology, extensive data insights, and strong customer relationships.
Total Addressable Market (TAM)
The global telematics market is expected to reach hundreds of billions of dollars. Karooooo is positioned to capture a significant share of this TAM through its diverse product offerings and global presence.
Upturn SWOT Analysis
Strengths
- Proprietary technology platform
- Strong recurring revenue model
- Global presence with a diversified customer base
- Experienced management team
- High subscriber retention rate
Weaknesses
- Geographic concentration in certain markets
- Potential for increased competition
- Dependence on the telematics market
- Brand awareness outside of South Africa is still relatively low.
Opportunities
- Expansion into new geographic markets
- Development of new products and services
- Strategic acquisitions to expand capabilities
- Increased adoption of IoT technologies
- Partnerships with other technology providers
Threats
- Intense competition in the telematics market
- Economic downturns affecting customer spending
- Changes in government regulations
- Technological obsolescence
- Cybersecurity risks
Competitors and Market Share
Key Competitors
- VZ
- SAMS
- TRMB
Competitive Landscape
Karooooou2019s competitive advantage lies in its integrated platform and focus on actionable data insights, but other competitors may have superior financials.
Major Acquisitions
Vehicle Management Solutions (VMS)
- Year: 2019
- Acquisition Price (USD millions): 11.4
- Strategic Rationale: Expanded presence in the Australian market and broadened product offerings.
Growth Trajectory and Initiatives
Historical Growth: Karooooo has experienced significant growth in revenue and subscribers over the past several years, driven by both organic growth and acquisitions.
Future Projections: Analysts project continued growth for Karooooo, driven by expansion into new markets and increasing demand for telematics solutions.
Recent Initiatives: Recent initiatives include the launch of new products and services, expansion into new geographic markets, and strategic acquisitions.
Summary
Karooooo is a global SaaS provider experiencing steady growth, driven by its comprehensive IoT ecosystem and expansion into new markets. The company benefits from a strong recurring revenue model and a seasoned leadership team. Potential threats include increased competition and dependence on the telematics industry. Karooooo must continue to innovate and expand its reach to maintain its competitive edge.
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Sources and Disclaimers
Data Sources:
- Company reports
- Analyst reports
- Market research reports
- Financial news sources
Disclaimers:
The information provided is for informational purposes only and should not be considered as financial advice. Investment decisions should be based on individual research and consultation with a financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://www.karooooo.com |
Full time employees 5711 | Website https://www.karooooo.com | ||
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.

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