Is Karooooo Ltd.'s (NASDAQ:KARO) Recent Stock Performance Tethered To Its Strong Fundamentals? [Yahoo! Finance]
Karooooo Ltd. - Ordinary shares (KARO)
Company Research
Source: Yahoo! Finance
Specifically, we decided to study Karooooo's ROE in this article. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. See our latest analysis for Karooooo The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Karooooo is: 32% = R855m ÷ R2.7b (Based on the trailing twelve months to August 2024). The 'return' is the amount earned after tax over the last twelve months. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.32 in profit. So far, we've learned that ROE is a measure of a company's profitability. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming everyt
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KARO
News
- Exploring Karooooo And 2 Other Undiscovered Gems In The US Market [Yahoo! Finance]Yahoo! Finance
- If EPS Growth Is Important To You, Karooooo (NASDAQ:KARO) Presents An Opportunity [Yahoo! Finance]Yahoo! Finance
- Southeast Asia Fleet Management Market Report 2024, Featuring Top 5 Players - Jimi IoT, Cartrack (Karooooo), TransTRACK DTC and Onelink [Yahoo! Finance]Yahoo! Finance
- Karooooo: Southeast Asian Opportunity Indicates Strong Growth Prospects [Seeking Alpha]Seeking Alpha
- Karooooo Ltd. (NASDAQ:KARO) Analysts Are Pretty Bullish On The Stock After Recent Results [Yahoo! Finance]Yahoo! Finance
KARO
Earnings
- 10/15/24 - Beat
KARO
Sec Filings
- 11/13/24 - Form 144
- 10/15/24 - Form 6-K
- 9/30/24 - Form 6-K
- KARO's page on the SEC website