Also trades as KRO.JO.
KARO
BuyPremium GrowerAI pickKarooooo Ltd. · Technology · Singapore · $2.0B cap · $4.2M/day traded
$61.66 +0.9% · close 12 Oct · scored 14 Oct
Premium Grower: Strong business with the market behind it, priced at a premium.
As of 14 Oct 2026, MoatMap's StockRank for Karooooo Ltd. (KARO) is 79/100, ranked against 24,000+ stocks in 35 markets (Quality 74, Value 43, Momentum 57, each scored against its sector).
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
Karooooo runs Cartrack, a connected-vehicle software platform for fleets and car owners, mainly in South Africa and expanding in Southeast Asia, Europe and the US. It is a founder-led business, with the founder retaining a large majority stake, and it has built a vertically integrated, low-cost subscription model that funds growth from internal cash flow with high returns on capital. The latest quarter showed record subscriber growth despite currency headwinds. With record diesel prices, fleet operators have a stronger incentive to buy tracking, fuel and driver-behaviour tools that cut fuel use, which supports demand at a time when the valuation is reasonable for its growth.
ABOUT KAROOOOO LTD.
Read
Karooooo Ltd. provides software applications for fleet management, mobile asset tracking, workforce management, and video solutions in South Africa, the rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States.
FINANCIAL SUMMARY (USD)
| Year | 2023 | 2024 | 2025 | 2026 | CAGR | TTM | 2027E | 2028E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 212.8M | 255.2M | 277.2M | 332.5M | 16.0% | 349.5M | 398.2M | 460.2M | 17.6% |
| EPS | 1.17 | 1.45 | 1.81 | 1.95 | 18.6% | 1.94 | 2.37 | 2.78 | 19.4% |
| Shares | 31.0M | 30.9M | 30.9M | 30.9M | -0.2% | 30.9M | — | — | — |
| Debt | 11.0M | 16.2M | 44.0M | 69.4M | 84.8% | 65.1M | — | — | — |
| Equity | 161.5M | 179.7M | 194.3M | 199.2M | 7.2% | — | — | — | — |
| Op CF | 68.4M | 58.0M | 117.3M | 119.4M | 20.4% | 112.9M | — | — | — |
| Inv CF | -37.8M | -56.6M | -65.4M | -73.7M | — | — | — | — | — |
| Fin CF | -25.5M | -36.0M | -26.9M | -42.9M | — | — | — | — | — |
Above its 200-day average and 10% below its 52-week high.
Swung more than 50% of stocks we rank over the past year (41% a year).
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of KARO are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| KARO | Karooooo Ltd.(you) | $2.0B | 79 | Buy |
| AIY.SI | iFAST Corporation Ltd. | $2.1B | 73 | Buy |
| ITS.SI | Info-Tech Systems Ltd. | $177M | 96 | Strong Buy |
| BTDR | Bitdeer Technologies Group | $3.3B | 15 | Strong Sell |
| GRAB | Grab Holdings Limited | $13.1B | 27 | Sell |
| CURR | CURRENC Group Inc. | $347M | 14 | Strong Sell |
| 558.SI | UMS Integration Limited | $1.9B | 72 | Buy |
| NXR.SI | iWOW Technology Limited | $76M | 25 | Sell |
| E28.SI | Frencken Group Limited | $995M | 72 | Buy |
| RYDE | Ryde Group Ltd. | $139M | 9 | Strong Sell |
Peer medians: ROE 8.1% · P/E 26.3x · Gross margin 29.9%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.