Added to YB: 2026-06-16
Pitch date: 2026-06-13
KARO [neutral]
Karooooo Ltd.
+2.14%
current return
Author Info
Company Info
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.
Market Cap
$23.8B
Pitch Price
$47.90
Price Target
N/A
Dividend
3.17%
EV/EBITDA
10.69
P/E
23.92
EV/Sales
4.35
Sector
Software
Category
growth
The #1 Academy: three signings for the watch list - Karooooo Ltd.
KARO (watchlist): SaaS fleet telematics, 2.7M subs in 23 countries, founder Calisto owns 58%. 98% recurring rev, 95% retention, 70% GM, 34% ROIC, Rule of 60, LTV/CAC >9x. ARR +18% (38% USD) to R5.18B, FCF +90%, divy +20%. ~24x P/E at $46, 2.6% yield. Risks: SA/rand, margin squeeze, low liquidity, founder concentration. No rush.
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