Karooooo Ltd (KARO) - Net Assets
Based on the latest financial reports, Karooooo Ltd (KARO) has net assets worth $3.23 Billion USD as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.21 Billion) and total liabilities ($1.98 Billion). 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. Check asset resilience ratio of Karooooo Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.23 Billion |
| % of Total Assets | 61.99% |
| Annual Growth Rate | 25.4% |
| 5-Year Change | 159.17% |
| 10-Year Change | N/A |
| Growth Volatility | 22.96 |
Karooooo Ltd - Net Assets Trend (2019–2025)
This chart illustrates how Karooooo Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Karooooo Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Karooooo Ltd (2019–2025)
The table below shows the annual net assets of Karooooo Ltd from 2019 to 2025. For live valuation and market cap data, see how much is Karooooo Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | $3.26 Billion | +9.31% |
| 2024-02-29 | $2.98 Billion | +11.66% |
| 2023-02-28 | $2.67 Billion | +24.87% |
| 2022-02-28 | $2.14 Billion | +70.03% |
| 2021-02-28 | $1.26 Billion | +4.74% |
| 2020-02-29 | $1.20 Billion | +43.26% |
| 2019-02-28 | $837.54 Million | -- |
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 254.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.12 Billion | 65.95% |
| Common Stock | $7.17 Billion | 223.04% |
| Other Comprehensive Income | $-6.07 Billion | -188.99% |
| Total Equity | $3.21 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 |
|---|---|
|
Nyfosa AB (publ)
ST:NYF
|
$1.50 Billion |
|
Chang Wah Technology Co Ltd
TWO:6548
|
$1.50 Billion |
|
Healthcare Services Group Inc
NASDAQ:HCSG
|
$1.50 Billion |
|
China Yuchai International Limited
NYSE:CYD
|
$1.50 Billion |
|
Tennant Company
NYSE:TNC
|
$1.50 Billion |
|
Guangzhou Zhiguang Electric Co Ltd
SHE:002169
|
$1.50 Billion |
|
Doosan Pref Shs
KO:000155
|
$1.50 Billion |
|
Tung Ho Steel Enterprise Corp
TW:2006
|
$1.50 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 2024 to 2025, total equity changed from 2,939,011,127 to 3,213,882,895, a change of 274,871,768 (9.4%).
- Net income of 921,031,000 contributed positively to equity growth.
- Dividend payments of 624,492,308 reduced retained earnings.
- Share repurchases of 3,529,200 reduced equity.
- Other comprehensive income decreased equity by 158,377,653.
- Other factors increased equity by 140,239,929.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $921.03 Million | +28.66% |
| Dividends Paid | $624.49 Million | -19.43% |
| Share Repurchases | $3.53 Million | -0.11% |
| Other Comprehensive Income | $-158.38 Million | -4.93% |
| Other Changes | $140.24 Million | +4.36% |
| Total Change | $- | 9.35% |
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: 0.48x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.66x to 0.48x 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 | $30.41 | $50.40 | x |
| 2020-02-29 | $39.93 | $50.40 | x |
| 2021-02-28 | $38.91 | $50.40 | x |
| 2022-02-28 | $68.32 | $50.40 | x |
| 2023-02-28 | $85.22 | $50.40 | x |
| 2024-02-29 | $94.96 | $50.40 | x |
| 2025-02-28 | $104.03 | $50.40 | 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): 28.66%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.17%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 1.59x
- Recent ROE (28.66%) is above the historical average (28.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 31.23% | 10.99% | 1.15x | 2.47x | $131.30 Million |
| 2020 | 35.58% | 14.93% | 1.13x | 2.10x | $220.05 Million |
| 2021 | 34.12% | 13.89% | 0.72x | 3.41x | $202.15 Million |
| 2022 | 21.28% | 16.38% | 0.90x | 1.44x | $238.51 Million |
| 2023 | 22.64% | 17.03% | 0.94x | 1.41x | $333.37 Million |
| 2024 | 25.58% | 17.88% | 0.98x | 1.45x | $458.00 Million |
| 2025 | 28.66% | 20.17% | 0.90x | 1.59x | $599.64 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: $1,232,448,014
- Average return on equity (ROE) among peers: 1.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Karooooo Ltd (KARO) | $3.23 Billion | 31.23% | 0.61x | $1.50 Billion |
| Adobe Systems Incorporated (ADBE) | $9.36 Billion | 27.67% | 1.00x | $93.73 Billion |
| ADEIA CORP (ADEA) | $545.10 Million | -11.47% | 0.92x | $3.00 Billion |
| Automatic Data Processing Inc (ADP) | $949.50 Million | 19.76% | 0.77x | $76.36 Billion |
| Autodesk Inc (ADSK) | $267.30 Million | 21.62% | 0.23x | $48.93 Billion |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $71.03 Million |
| Agilysys Inc (AGYS) | $52.90 Million | 15.69% | 1.77x | $1.91 Billion |
| Firefly Neuroscience, Inc. (AIFF) | $-3.01 Million | 0.00% | 0.00x | $24.73 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.47 Million | 0.00% | 0.00x | $10.77 Million |
| Alight Inc (ALIT) | $805.00 Million | 2.73% | 7.18x | $408.81 Million |
| Alkami Technology Inc (ALKT) | $344.61 Million | -13.59% | 0.27x | $1.72 Billion |
About Karooooo Ltd
Karooooo Ltd. provides a mobility software-as-a-service (SaaS) platform for connected vehicles 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 Fleet Management, which provides real-time visibility into the asset base; LiveVision for pro-active risk mana… Read more