Company Analysis

Karooooo Ltd. (KARO)

Nasdaq: KARO · Services-Prepackaged Software · New Bridge Centre, SG · filing with the SEC since 2020
Grade6.3
◀ Past 6.8● Present 7.2▶ Future 5.1
1 est.

The grade of Karooooo Ltd.

Nine metrics read from its own filings, by tense
Headline grade
6.3/10
◀ Past6.825% of the headline
● Present7.235% of the headline
▶ Future5.140% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.8/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.3/10

Has it survived what it has been through?

No warning events in its filings since 2020.

weight 22% of this tense · 73rd percentile among 230 sector filers · read for itself

From the record

Karooooo Ltd.'s filings since 2020 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.2/10

What has it actually done, year after year?

+18% a year over 7 filed years; profitable in 7 of 7.

weight 45% of this tense · 72nd percentile among 213 sector filers · read for its customers

From the record

Karooooo Ltd.'s 7 filed years say what it did: revenue went from ZAR 1.7 billion in fiscal 2019 to ZAR 4.6 billion in fiscal 2025, up 18% a year; it rose in 6 of 6 years; it never fell from a peak; net income was positive in 7 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span18.0%bottom 47% of its family
  • the share of years revenue rosetop 27% of its family
  • the share of filed years with a profittop 7% of its family
  • the deepest fall from a revenue peak0.0%top 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.0/10

How has it treated the people who own it?

Share count grew 1.5% a year. 36% of cash flow returned. Insiders: 21 sales, 0 purchases.

weight 33% of this tense · 60th percentile among 152 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-02-28, Karooooo Ltd.'s diluted share count grew about 1.5% a year, and dividends and buybacks returned about 36% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 21 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 38% of its family
  • cash returned against operating cash flowtop 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.2/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
7.9/10

Is it financially healthy right now?

ROE 29%: 29¢ of profit per shareholder dollar. Leverage 36%: owes 36¢ per asset dollar.

weight 45% of this tense · 79th percentile among 217 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-02-28, Karooooo Ltd. earned about 29 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 63 cents per dollar of everything the company owns. Leverage: it owed about 36 cents per dollar of assets, and net share issuance: its share count shrank 0.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 36% of its family
  • return on equitytop 11% of its family
  • gross profit against assetstop 12% of its family
  • the share count against the year beforetop 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.7/10

How strong is its position in its industry?

top 23% of 218 in its family; net margin 20.5%.

weight 33% of this tense · 77th percentile among 218 sector filers · read for its customers

From the record

Karooooo Ltd.'s standing among 218 graded names in its industry family: revenue of ZAR 4.6 billion in fiscal 2025 is not ranked by size, since the family reports in another currency; a net margin of 20.5% ranks in the top 14%; revenue growth of 18.5% a year over the last 3 filed years ranks in the top 32% (its annual reports).

What it rests on

  • net margin20.5%top 14% of its family
  • three-year revenue growth18.5%top 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
4.8/10

What are the people in charge doing?

SI estimate 4.8/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 157 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 157 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 157 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Karooooo Ltd.'s leadership is put at 4.8 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 157 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

5.1/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.3/10

How much room does it have to grow?

bottom 43% of 216 in its family for room to expand.

weight 22% of this tense · 43rd percentile among 216 sector filers · read for itself

From the record

Karooooo Ltd.'s room to grow, from the newest filed statements (fiscal 2025): cash of ZAR 1.0 billion against debt of ZAR 315 million leaves 14.3% of its assets as net cash, top 47% of its family; cash from operations less capital spending is 19.9% of revenue (top 36%); a gross margin of 70.1% (bottom 49%); research spending of 5% of revenue (bottom 7%) (its annual report).

What it rests on

  • cash less debt against assets14.3%top 47% of its family
  • cash from operations less capital spending against revenue19.9%top 36% of its family
  • gross margin70.1%bottom 49% of its family
  • research spending against revenue5.0%bottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.7/10

What could actually drive growth from here?

top 33% of 213 in its family for growth drivers.

weight 45% of this tense · 67th percentile among 213 sector filers · read for its customers

From the record

Karooooo Ltd.'s growth drivers, from the filed years to fiscal 2025: revenue grew 18.5% a year over the last three filed years against 18% over all 7, speeding up (top 18% of its family); the newest year grew 8.6% (bottom 37%); research spending grew 15% a year (top 27%); capital spending grew 22.8% a year (top 25%) (its annual reports). Karooooo Ltd. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+0.5 points a yeartop 18% of its family
  • the newest year's revenue growth8.6%bottom 37% of its family
  • three-year growth of research spending15.0%top 27% of its family
  • three-year growth of capital spending22.8%top 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.5/10

Did its newest year beat what its own record pointed to?

bottom 35% of 194 in its family for expectations against reality.

weight 33% of this tense · 35th percentile among 194 sector filers · read for its shareholders

From the record

Karooooo Ltd.'s newest year against its own record: revenue of ZAR 4.6 billion in fiscal 2025 came in 12.2% below the ZAR 5.2 billion its prior three years' pace pointed to (bottom 12% of its family); net income of ZAR 937 million against a prior three-year average of ZAR 613 million (top 44%); a net margin of 20.5% against 17.5% before (bottom 36%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-12.2%bottom 12% of its family
  • net income against the prior three years' average+53%top 44% of its family
  • net margin against its prior average+3.0 pointsbottom 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton KARO · research, not advice