Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Karooooo's operating assets for the quarter that ended in Feb. 2026 was R4,640 Mil. Karooooo's operating liabilities for the quarter that ended in Feb. 2026 was R1,323 Mil. Karooooo's Total Assets for the quarter that ended in Nov. 2025 was R5,219 Mil. Therefore, Karooooo's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.64.
Karooooo Scaled Net Operating Assets Related Terms
Karooooo Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for Karooooo's Scaled Net Operating Assets 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.
JSE:KRO vs BVC, ASAN, EVCM: Scaled Net Operating Assets Comparison
For the Software - Application subindustry, Karooooo's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Karooooo Scaled Net Operating Assets vs Software Industry
For the Software industry and Technology sector, Karooooo's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Karooooo's Scaled Net Operating Assets falls into.
* 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.
What does a Scaled Net Operating Assets of 0.64 mean?
Karooooo (JSE:KRO) has a Scaled Net Operating Assets of 0.64 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Karooooo and its competitors.
Is Karooooo's Scaled Net Operating Assets too high?
Karooooo's current Scaled Net Operating Assets is 0.64. 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 Scaled Net Operating Assets compare to BVC and ASAN?
Karooooo's Scaled Net Operating Assets of 0.64 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 Scaled Net Operating Assets for a Software company?
A good Scaled Net Operating Assets depends on the Software industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Karooooo and its competitors. Karooooo's current Scaled Net Operating Assets is 0.64. 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 R947.11, compared to a current price of R824.00 — trading 13% below its estimated fair value. The current Scaled Net Operating Assets is 0.64. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Karooooo (JSE:KRO), the current Scaled Net Operating Assets is 0.64 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 R824.00 is trading 13% below its estimated GF Value™ of R947.11.
GuruFocus considers Karooooo to be Modestly Undervalued.
Key valuation signals for JSE:KRO:
Scaled Net Operating Assets: 0.64
GF Value™: R947.11 vs. price of R824.00 (13% below fair value)
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 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
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:KRO has been successfully added to your 
