Discounted Cash Flow

Karooooo Ltd. Foreign

KARO · Based on 10 years of SEC filings · Converted from ZAR to USD

⚠ Cash flow predictability 70/100 (moderate) — FCF YoY std dev 46%, net income 11% (full history)

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2019 $104.8m $14.7m $25.0m 14.0% $9150.00
2020 $120.3m (14.7%) $18.0m (22.3%) $38.3m (53.1%) 14.9% (6.6%)
2021 $141.9m (18.0%) $19.7m (9.8%) $35.0m (-8.6%) 13.9% (-6.9%) $15.65
2022 $170.1m (19.9%) $27.9m (41.4%) $29.3m (-16.2%) 16.4% (18.0%) $15.24 (-2.6%)
2023 $217.2m (27.7%) $37.0m (32.7%) $39.2m (33.7%) 17.0% (3.9%) $19.29 (26.6%)
2024 $260.4m (19.9%) $45.7m (23.6%) $22.7m (-42.1%) 17.6% (3.1%) $23.85 (23.6%)
2025 $282.9m (8.6%) $57.0m (24.8%) $82.2m (262.1%) 20.2% (14.9%) $29.81 (25.0%)
2026 $339.3m (20.0%) $61.6m (7.9%) $71.4m (-13.1%) 18.1% (-10.0%) $32.17 (7.9%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in ZAR. Values above are converted to USD for comparison with the US-listed share price.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model