KAROOOOO LTD.
In the published model solve dated 2026-Q2, anchored at $66.38, KAROOOOO LTD. (KARO) is priced for +22.9% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.
• Karooooo runs Cartrack, a vehicle-telematics subscription business that connects 2.4 million subscribers across South Africa and Southeast Asia, and the model is the appeal: recurring subscription revenue grew 19% with net additions of 84,013 subscribers in the most recent quarter. • The defining risk is geographic and currency exposure, since the company reports in South African rand and earns much of its growth in emerging markets, so a weak rand or regional slowdown can mask strong operatio
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66 institutional managers reported holding KARO in 13F filings for the quarter ended 2026-03-31. Together they hold about 12% of the company; the top 10 hold 11%. 13 opened new positions that quarter. Held by Acadian Asset Management, Invesco, Morgan Stanley, among others. On the short side, 128k shares were sold short as of the 2026-06-15 count, about 0.4% of shares outstanding (1.4 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
KARO's share count grew 4.6% over the past five years. It pays a dividend, and has paid one every year in our records (7 and counting), raised 3 years straight. Cash returned over the past three years: $61.08M in dividends.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.