1.06%
-6.05%
-13.59%
11.56%
70.04%
38.23%
26.07%
AI Spotlight on KARO
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Company Description
Karooooo Ltd.provides mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States.The company offers Fleet Telematics, a fleet management SaaS platform that provides real-time insights; LiveVision, which offers pro-active risk management and fleet visibility; MiFleet advanced fleet administration and business intelligence that provides cost management and administration capability services; 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 high-level view of fleet statistics; asset tracking for tracking and tracing moveable assets; asset recovery services that assists vehicle owners and insurance companies with the recovery of vehicles and other assets; and 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 specialist mobility solutions that include Bike Track, a GPS-based solution for commercial motorbike fleets; Credit Management that predicts payment cycles and facilitate active credit management for asset-based vehicle finance; electronic monitoring services application that allows law enforcement agencies to monitor persons of interest; and mobility and monitoring solutions, such as Carzuka, cartrack insurance agency, and on-demand rideshare taxi application, as well as smart IoT products.It provides its solutions through direct sales force to consumers and sole proprietors, small and medium-sized businesses, large enterprises, and other connected devices.
Karooooo Ltd.was founded in 2001 and is headquartered in Singapore.
Market Data
| Last Price | 42.85 |
| Change Percentage | 1.06% |
| Open | 42.41 |
| Previous Close | 42.4 |
| Market Cap ( Millions) | 1323 |
| Volume | 36307 |
| Year High | 50.54 |
| Year Low | 23.35 |
| M A 50 | 46.35 |
| M A 200 | 39.45 |
Financial Ratios
| FCF Yield | 1.65% |
| Dividend Yield | 2.52% |
| ROE | 30.21% |
| Debt / Equity | 19.79% |
| Net Debt / EBIDTA | -23.85% |
| Price To Book | 8.25 |
| Price Earnings Ratio | 27.34 |
| Price To FCF | 60.62 |
| Price To sales | 5.43 |
| EV / EBITDA | 16.46 |
News
- Feb -24 - Karooooo to Present at The Raymond James 26th Annual Institutional Investors Conference
- Feb -18 - Cartrack Launches Wireless Cartrack-Tag to Provide Unmatched and Secure Asset Control in Commercial Operations
- Jan -16 - Karooooo Ltd.'s Q3 Earnings Highlight SaaS Strength, But Valuation Stretches
- Jan -15 - Karooooo Ltd. (KARO) Q3 2025 Earnings Call Transcript
- Jan -14 - Karooooo Ltd. (KARO) Q3 Earnings and Revenues Surpass Estimates
- Jan -14 - Karooooo Delivers Strong Q3 2025 Results with Solid Customer Gains and Record EPS
- Jan -08 - Karooooo to Announce Third Quarter 2025 Results on January 14, 2025
- Oct -30 - Southeast Asia Fleet Management Market Report 2024, Featuring Top 5 Players - Jimi IoT, Cartrack (Karooooo), TransTRACK DTC and Onelink
- Oct -22 - Karooooo: Southeast Asian Opportunity Indicates Strong Growth Prospects
- Oct -17 - Karooooo: An Overlooked GARP Gem
- Oct -16 - Karooooo Ltd.'s Q2 Earnings: Subscriber Growth Strong, But Revenue Stalls
- Oct -15 - Karooooo Ltd. (KARO) Q2 2025 Earnings Call Transcript
- Oct -15 - Karooooo Ltd. (KARO) Surpasses Q2 Earnings and Revenue Estimates
- Oct -15 - Karooooo Increases Earnings by 31% Driven by Strong Subscription Revenue Growth and Higher Gross Margins
- Oct -02 - Karooooo Ltd (KARO) Trading 5.86% Higher on Oct 2
- Sep -30 - Karooooo to Announce Second Quarter 2025 Results on October 14, 2024
- Jul -31 - Karooooo: A Bet On Emerging Markets And Data
- Jul -26 - Karooooo Ltd. Announces Termination of Secondary Public Offering of Ordinary Shares Due to Market Conditions
- Jul -19 - Karooooo Ltd. (KARO) Q1 2025 Earnings Call Transcript
- Jul -18 - Karooooo Continues to Grow at Scale and Increases Earnings by 41%
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Subscription - Cartrack
Expected Growth : 10.27 %
What the company do ?
Cartrack is a subscription-based vehicle tracking and fleet management solution from Karooooo Ltd., providing real-time monitoring and insights for businesses.
Why we expect these perspectives ?
Karooooo's Cartrack subscription growth of 10.27% is driven by increasing demand for vehicle tracking and fleet management solutions, expansion into new markets, and a growing need for businesses to optimize their logistics and transportation operations. Additionally, the rise of IoT and telematics adoption, as well as government regulations promoting vehicle safety and security, contribute to the segment's growth.
Segment n°2 -> Vehicle
Expected Growth : 10.43 %
What the company do ?
Karooooo Ltd.'s Vehicle is a digital twin of a physical vehicle, providing real-time tracking, monitoring, and analytics for fleet management and logistics optimization.
Why we expect these perspectives ?
Karooooo Ltd.'s 10.43% growth in Vehicle segment is driven by increasing adoption of its SaaS-based fleet management solutions, expansion into new markets, and growing demand for digitalization in the logistics industry. Additionally, the company's focus on improving operational efficiency, reducing costs, and enhancing customer experience through its innovative technology platform has contributed to its rapid growth.
Segment n°3 -> Delivery
Expected Growth : 9.27 %
What the company do ?
Delivery from Karooooo Ltd. is a logistics and transportation platform that connects customers with drivers and vehicles for efficient last-mile delivery services.
Why we expect these perspectives ?
Karooooo Ltd.'s 9.27% growth is driven by increasing demand for its logistics and delivery services, expansion into new markets, strategic partnerships, and investments in technology and infrastructure. Additionally, the company's focus on operational efficiency, cost reduction, and customer satisfaction have contributed to its growth momentum.
Segment n°4 -> Hardware
Expected Growth : 12.07 %
What the company do ?
Karooooo Ltd's hardware refers to the telematics devices and IoT sensors installed in vehicles to collect and transmit data for fleet management and tracking purposes.
Why we expect these perspectives ?
Karooooo Ltd.'s 12.07% growth in Hardware is driven by increasing demand for telematics solutions, expansion into new markets, and strategic partnerships. The company's focus on innovation, particularly in AI-powered fleet management, has also contributed to its growth. Additionally, the rising need for vehicle tracking and monitoring systems in various industries has fueled demand for Karooooo's hardware products.
Segment n°5 -> Installation
Expected Growth : 10.27 %
What the company do ?
Karooooo Ltd's Installation is a GPS tracking and fleet management system for businesses, providing real-time vehicle tracking, route optimization, and logistics management.
Why we expect these perspectives ?
Karooooo Ltd.'s 10.27% growth is driven by increasing adoption of its fleet management solutions, expansion into new markets, and strategic partnerships. The company's innovative technology, which provides real-time tracking and analytics, has resonated with customers seeking to optimize their logistics operations. Additionally, the growing demand for digitalization in the transportation industry has contributed to the company's rapid growth.
Segment n°6 -> Miscellaneous Contract Fees
Expected Growth : 10.08 %
What the company do ?
Miscellaneous Contract Fees from Karooooo Ltd. refers to various additional charges associated with a contract, such as administrative or processing fees.
Why we expect these perspectives ?
Karooooo Ltd.'s Miscellaneous Contract Fees growth of 10.08% is driven by increasing adoption of its digital payment solutions, expansion into new markets, and strategic partnerships. Additionally, the company's focus on innovation, improving operational efficiency, and enhancing customer experience have contributed to the growth.
Segment n°7 -> Subscription - Karooooo Logistics
Expected Growth : 10.27 %
What the company do ?
Karooooo Logistics' Subscription offers real-time logistics management, enabling businesses to track, optimize, and streamline their delivery operations efficiently.
Why we expect these perspectives ?
Karooooo Logistics' 10.27% growth is driven by increasing demand for digital logistics solutions, expansion into new markets, and strategic partnerships. The company's innovative platform, which provides real-time tracking and monitoring, has attracted a large customer base. Additionally, the rise of e-commerce and the need for efficient supply chain management have contributed to the segment's growth.
Karooooo Ltd. Products
| Product Range | What is it ? |
|---|---|
| Karoooo Fleet | A fleet management system that helps businesses to track and manage their vehicles in real-time, providing insights on vehicle performance, driver behavior, and route optimization. |
| Karoooo Route | A route optimization platform that helps businesses to plan and optimize their delivery routes, reducing miles driven and lowering emissions. |
| Karoooo Track | A GPS tracking system that provides real-time location tracking and monitoring of vehicles, assets, and equipment. |
| Karoooo Drive | A driver behavior and safety platform that provides insights on driver performance, helping businesses to reduce accidents and improve road safety. |
| Karoooo Analytics | A business intelligence platform that provides data analytics and insights on fleet operations, helping businesses to make data-driven decisions. |
Karooooo Ltd.'s Porter Forces
Threat Of Substitutes
Karooooo Ltd. operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the growing demand for alternative transportation services.
Bargaining Power Of Customers
Karooooo Ltd. has a large customer base, but the bargaining power of customers is high due to the availability of alternative services and the ease of switching.
Bargaining Power Of Suppliers
Karooooo Ltd. has a diverse supplier base, and the bargaining power of suppliers is low due to the availability of alternative suppliers and the company's strong negotiating power.
Threat Of New Entrants
The threat of new entrants is moderate due to the presence of barriers to entry, such as regulatory requirements and high capital costs, but the market is still attractive to new entrants.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of established competitors and the growing demand for transportation services, leading to a competitive market.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 6.44% |
| Debt Cost | 3.95% |
| Equity Weight | 93.56% |
| Equity Cost | 9.13% |
| WACC | 8.80% |
| Leverage | 6.88% |
Karooooo Ltd. : Quality Control
Karooooo Ltd. passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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| CVLT | Commvault Systems, Inc. provides data protection and information management software applications and related services in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and … |
| HKD | AMTD Digital Inc. designs and develops a digital platform to provide financial, media, content and marketing, and investment solutions. It offers digital banking and insurance technology platforms for consumers and … |
| API | Agora, Inc. provides Real-Time Engagement Platform-as-a-Service (RTE-PaaS) in the People's Republic of China, the United States, and internationally. The company RTE-PaaS offers developers with software tools to embed real-time video, … |
| SSNC | SS&C Technologies Holdings, Inc., together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries. The company owns and operates technology stack across securities accounting; … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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InterDigital
A-Score
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Karooooo
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1-Year Total Return ->
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SS&C Technologies Holdings
A-Score
1-Year Total Return ->
4
Commvault Systems
A-Score
1-Year Total Return ->
5
Agora
A-Score
1-Year Total Return ->
6
