Karooooo Ltd Net Assets
Karooooo Ltd net assets. Based on the latest financial reports, Karooooo Ltd (KRO) has net assets worth ZAC3.63 Billion ZAC (≈ $1.93 Million USD) as of May 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC6.29 Billion ≈ $3.34 Million USD) and total liabilities (ZAC2.66 Billion ≈ $1.41 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore KRO year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC3.63 Billion |
| % of Total Assets | 57.75% |
| Annual Growth Rate | 21.78% |
| 5-Year Change | 53.02% |
| 10-Year Change | N/A |
| Growth Volatility | 23.34 |
Net Assets of Karooooo Ltd (2019–2026)
Net assets of Karooooo Ltd from 2019 to 2026. This chart illustrates how Karooooo Ltd's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Karooooo Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Karooooo Ltd (2019–2026)
The table below shows the annual net assets of Karooooo Ltd from 2019 to 2026. For live market cap and overall valuation, see Karooooo Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-02-28 | ZAC3.33 Billion ≈ $1.77 Million |
+2.51% |
| 2025-02-28 | ZAC3.25 Billion ≈ $1.72 Million |
+8.10% |
| 2024-02-29 | ZAC3.00 Billion ≈ $1.60 Million |
+11.54% |
| 2023-02-28 | ZAC2.69 Billion ≈ $1.43 Million |
+23.81% |
| 2022-02-28 | ZAC2.17 Billion ≈ $1.16 Million |
+69.53% |
| 2021-02-28 | ZAC1.28 Billion ≈ $681.55K |
+4.68% |
| 2020-02-29 | ZAC1.23 Billion ≈ $651.10K |
+46.26% |
| 2019-02-28 | ZAC837.63 Million ≈ $445.16K |
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Equity Component Analysis
This analysis shows how different components contribute to Karooooo Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 303.0% over the analyzed period, indicating profitable operations and earnings retention.
Karooooo Ltd Net Assets Breakdown (February 2026)
Karooooo Ltd net assets breakdown by equity component as of February 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC2.41 Billion | 73.50% |
| Other Components | ZAC869.62 Million | 26.50% |
| Total Equity | ZAC3.28 Billion | 100.00% |
Karooooo Ltd Competitors by Market Cap
The table below lists competitors of Karooooo Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jamf Holding
NASDAQ:JAMF
|
$1.75 Billion |
|
HSD Engine Co Ltd
KO:082740
|
$1.75 Billion |
|
Shanghai Feilo Acoustics Co Ltd
SHG:600651
|
$1.75 Billion |
|
Wuxi Autowell Technology Co Ltd
SHG:688516
|
$1.75 Billion |
|
Iluka Resources Limited
F:ILZ
|
$1.75 Billion |
|
Guangdong Baolihua New Energy Stock Co LTD
SHE:000690
|
$1.75 Billion |
|
Topoint Technology Co Ltd
TW:8021
|
$1.75 Billion |
|
Golden Ocean Group Ltd
OL:GOGL
|
$1.75 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Karooooo Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 3,202,468,000 to 3,282,003,000, a change of 79,535,000 (2.5%).
- Net income of 993,920,000 contributed positively to equity growth.
- Dividend payments of 694,352,000 reduced retained earnings.
- Other factors decreased equity by 220,033,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC993.92 Million | +30.28% |
| Dividends Paid | ZAC694.35 Million | -21.16% |
| Other Changes | ZAC-220.03 Million | -6.7% |
| Total Change | ZAC- | 2.48% |
Book Value vs Market Value Analysis
This analysis compares Karooooo Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1002.90x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3933.87x to 1002.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-02-28 | ZAC27.08 | ZAC106545.00 | x |
| 2020-02-29 | ZAC38.46 | ZAC106545.00 | x |
| 2021-02-28 | ZAC40.17 | ZAC106545.00 | x |
| 2022-02-28 | ZAC69.51 | ZAC106545.00 | x |
| 2023-02-28 | ZAC85.97 | ZAC106545.00 | x |
| 2024-02-29 | ZAC95.84 | ZAC106545.00 | x |
| 2025-02-28 | ZAC103.66 | ZAC106545.00 | x |
| 2026-02-28 | ZAC106.24 | ZAC106545.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Karooooo Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 30.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.14%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.77x
- Recent ROE (30.28%) is above the historical average (29.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 38.31% | 14.00% | 1.11x | 2.47x | ZAC175.09 Million |
| 2020 | 33.01% | 14.93% | 1.05x | 2.10x | ZAC202.06 Million |
| 2021 | 34.69% | 13.89% | 0.77x | 3.26x | ZAC226.47 Million |
| 2022 | 20.92% | 16.38% | 0.89x | 1.44x | ZAC234.83 Million |
| 2023 | 22.44% | 17.03% | 0.93x | 1.41x | ZAC331.06 Million |
| 2024 | 24.93% | 17.55% | 0.98x | 1.45x | ZAC442.04 Million |
| 2025 | 28.76% | 20.17% | 0.90x | 1.59x | ZAC600.78 Million |
| 2026 | 30.28% | 18.14% | 0.95x | 1.77x | ZAC665.72 Million |
Industry Comparison
This section compares Karooooo Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $948,790,000
- Average return on equity (ROE) among peers: 18.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Karooooo Ltd (KRO) | ZAC3.63 Billion | 38.31% | 0.73x | $1.75 Billion |
| Sebata Holdings Ltd (SEB) | $948.79 Million | 18.64% | 0.43x | $13.44 Million |
About Karooooo Ltd
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. It operates through Cartrack, Carzuka, and Karooooo Logistics segments. The company offers Cartrack, a mobility SaaS cloud that provides systems integration, fleet … Read more