Karooooo (JSE:KRO) Shares Outstanding (Basic Average): 31 Mil (As of Feb. 2026)


JSE:KRO Karooooo Ltd JSE:KRO
95 GF Score
Price R800.00
GF Value R910.62
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Karooooo Shares Outstanding (Basic Average)?

Karooooo JSE:KRO +0.25% 95 Shares Outstanding (Basic Average) is 31 Mil as of Feb. 2026. GuruFocus rates JSE:KRO with a GF Score™ of 95/100 and a GF Value™ of R910.62 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Karooooo's average basic shares outstanding for the quarter that ended in Feb. 2026 was 31 Mil.


Karooooo  (JSE:KRO) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Karooooo Shares Outstanding (Basic Average) Related Terms


Karooooo Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Karooooo's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Karooooo Shares Outstanding (Basic Average) Chart

Karooooo Annual Data
Trend Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 29.53 30.95 30.95 30.90 30.89

Karooooo Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.89 30.89 30.89 30.89 30.89
JSE:KRO
95GF Score
Karooooo Ltd JSE:KRO
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Karooooo Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 31 Mil mean?
Karooooo (JSE:KRO) has a Shares Outstanding (Basic Average) of 31 Mil as of Feb. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Karooooo and its competitors.
Is Karooooo's Shares Outstanding (Basic Average) too high?
Karooooo's current Shares Outstanding (Basic Average) is 31 Mil. Overall, Karooooo has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Karooooo's Shares Outstanding (Basic Average) compare to BLKB and CXM?
Karooooo's Shares Outstanding (Basic Average) of 31 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Software company?
A good Shares Outstanding (Basic Average) depends on the Software industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Karooooo and its competitors. Karooooo's current Shares Outstanding (Basic Average) is 31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karooooo stock overvalued right now?
Based on GuruFocus' analysis, Karooooo (JSE:KRO) is currently considered Modestly Undervalued. The stock's GF Value™ is R910.62, compared to a current price of R800.00 — trading 12.1% below its estimated fair value. The current Shares Outstanding (Basic Average) is 31 Mil. Karooooo's overall GF Score™ is 95/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Karooooo (JSE:KRO), the current Shares Outstanding (Basic Average) is 31 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Karooooo (JSE:KRO) Overvalued in 2026?

Based on GuruFocus' analysis, Karooooo stock appears to be undervalued. The current stock price of R800.00 is trading 12.1% below its estimated GF Value™ of R910.62. GuruFocus considers Karooooo to be Modestly Undervalued.

Key valuation signals for JSE:KRO:

  • Shares Outstanding (Basic Average): 31 Mil
  • GF Value™: R910.62 vs. price of R800.00 (12.1% below fair value)
  • GF Score™: 95/100 with 1 warning sign

No single metric tells the full story. See the JSE:KRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Karooooo Business Description

Other Exchanges KARO:USA
Address 1 Harbourfront Avenue, Keppel Bay Tower No. 14-07, Singapore, SGP, 098632
Karooooo Ltd is a provider of an operational intelligence platform. Through its cloud platform, the company enables fleet and asset management, fuel management, workforce management, logistics, safety, including AI-assisted video safety, compliance, risk, and environmental impact management. Its segments are: Cartrack, which generates the majority of revenue, provides an operational intelligence platform that maximizes the value of transportation, operations, and workflow data through insightful real-time data analytics to connected vehicles and equipment, and Karooooo Logistics provides a software application enabling the management of last-mile B2B delivery and general operational logistics (Delivery-as-a-Service or DaaS). It generates the majority of its revenue from South Africa.
95GF Score

Get the complete analysis for JSE:KRO

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R800.00
Price
R910.62
GF Value