KARO
Valuation Ratios
| Breakdown | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 |
|---|---|---|---|---|
| Price to Earnings | 1.52 | 1.04 | 1.32 | 2.07 |
| Price to Sales | 0.31 | 0.18 | 0.22 | 0.34 |
| Book Value Per Common Share | 103.66 | 95.84 | 85.97 | 69.51 |
| Price to Book | 0.44 | 0.26 | 0.30 | 0.45 |
| Price to Operating Cash Flow | 0.72 | 0.80 | 0.70 | 1.00 |
| Price to Free Cash Flow | 1.64 | 27.96 | 1.57 | 2.77 |
| Enterprise Value to EBITDA | 6788.92 | 4235.09 | 5195.40 | 7765.92 |
| Breakdown | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 |
|---|---|---|---|---|---|
| Price to Earnings | 6.68 | 6.49 | 5.58 | 5.83 | 5.59 |
| Price to Sales | 1.21 | 1.34 | 1.15 | 1.19 | 1.07 |
| Book Value Per Common Share | 96.94 | 111.79 | 103.66 | 94.52 | 86.41 |
| Price to Book | 0.54 | 0.50 | 0.44 | 0.47 | 0.44 |
| Price to Operating Cash Flow | 6.10 | 2.67 | 5.37 | 3.13 | 3.00 |
| Price to Free Cash Flow | 6.10 | 2.67 | -1.70 | 3.13 | 3.00 |
| Enterprise Value to EBITDA | 45851.88 | 47333.37 | 39797.84 | 41386.38 | 39372.33 |
Earnings Data
| Breakdown | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 |
|---|---|---|---|---|
| Earning YoY | 24.99 | 23.64 | 26.57 | |
| Revenue YoY | 8.61 | 19.92 | 27.71 | |
| EBITDA YoY | 13.76 | 19.68 | 20.52 | |
| Net Profit YoY | 24.77 | 23.62 | 32.71 |
| Breakdown | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 |
|---|---|---|---|---|---|
| Earning YoY | -7.84 | 5.43 | 5.60 | 12.12 | |
| Revenue YoY | 5.24 | 4.71 | 5.19 | 4.76 | |
| EBITDA YoY | -2.06 | 3.08 | 5.08 | 11.31 | |
| Net Profit YoY | -7.77 | 5.37 | 5.64 | 12.16 |
Financial Strength
| Breakdown | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 |
|---|---|---|---|---|
| Cash Per Common Share | 33.76 | 14.85 | 31.20 | 24.78 |
| Quick Ratio | 1.14 | 1.55 | 1.75 | 1.72 |
| Current Ratio | 1.14 | 1.55 | 1.85 | 1.79 |
| Debt to Equity | 0.56 | 0.43 | 0.39 | 0.42 |
| Long-Term Debt to Equity | 0.12 | 0.12 | 0.10 | 0.13 |
| Breakdown | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 13.62 | 35.69 | 33.76 | 29.84 | 22.88 |
| Quick Ratio | 0.79 | 1.16 | 1.14 | 1.24 | 1.17 |
| Current Ratio | 0.80 | 1.17 | 1.14 | 1.25 | 1.18 |
| Debt to Equity | 0.62 | 0.53 | 0.56 | 0.61 | 0.61 |
| Long-Term Debt to Equity | 0.16 | 0.12 | 0.12 | 0.20 | 0.22 |
Profitability
| Breakdown | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 |
|---|---|---|---|---|
| ROA | 18.13 | 17.14 | 15.92 | 14.56 |
| ROE | 28.38 | 24.59 | 22.18 | 20.70 |
| Gross Margin | 70.13 | 63.98 | 64.79 | 66.41 |
| Operating Margin | 28.40 | 25.67 | 25.76 | 25.25 |
| EBITDA Margin | 45.10 | 43.06 | 43.14 | 45.71 |
| Net Profit Margin | 20.17 | 17.55 | 17.03 | 16.38 |
| Breakdown | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 |
|---|---|---|---|---|---|
| ROA | 4.94 | 4.93 | 4.93 | 4.96 | 4.85 |
| ROE | 7.99 | 7.54 | 7.72 | 8.00 | 7.80 |
| Gross Margin | 67.89 | 68.39 | 71.25 | 69.69 | 70.36 |
| Operating Margin | 26.40 | 28.36 | 28.81 | 28.84 | 27.15 |
| EBITDA Margin | 26.40 | 28.36 | 28.81 | 28.84 | 27.15 |
| Net Profit Margin | 18.12 | 20.68 | 20.55 | 20.46 | 19.11 |
Dividends
| Breakdown | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 |
|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.01 | 0.00 | |
| Dividend Payout Ratio | 66.49 | 67.67 | 55.47 |
| Breakdown | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 |
|---|---|---|---|---|
| Assets | 5,079,150.00 | 4,306,973.00 | 3,751,580.00 | 3,089,601.00 |
| Current Assets | 1,656,795.00 | 1,460,221.00 | 1,462,767.00 | 1,115,126.00 |
| Cash and Short-Term Investments | 1,042,882.00 | 459,527.00 | 965,790.00 | 731,748.00 |
| Cash and Cash Equivalents | 1,042,882.00 | 459,527.00 | 965,790.00 | 731,748.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 610,083.00 | 994,112.00 | 417,818.00 | 342,704.00 |
| Inventory | 3,830.00 | 6,582.00 | 79,159.00 | 25,369.00 |
| Other Current Assets | 0.00 | 0.00 | 0.00 | 15,305.00 |
| Non-Current Assets | 3,422,355.00 | 2,846,752.00 | 2,288,813.00 | 1,974,475.00 |
| Property, Plant, Equipment Net | 2,508,215.00 | 2,032,794.00 | 1,591,814.00 | 1,390,659.00 |
| Goodwill | 174,957.00 | 227,380.00 | 212,481.00 | 186,384.00 |
| Intangible Assets | 83,053.00 | 83,123.00 | 85,642.00 | 77,031.00 |
| Long-Term Investments | 0 | 0 | 388.00 | 1,359.00 |
| Non-Current Deferred Assets | 121,749.00 | 81,903.00 | 60,919.00 | 58,383.00 |
| Other Non-Current Assets | 0 | 421,552.00 | 337,569.00 | 260,659.00 |
| Liabilities | 1,833,583.00 | 1,304,511.00 | 1,059,705.00 | 915,420.00 |
| Current Liabilities | 1,451,841.00 | 940,439.00 | 789,440.00 | 624,123.00 |
| Payables and Expenses | 526,976.00 | 519,659.00 | 430,043.00 | 322,784.00 |
| Account Payables | 215,996.00 | 219,538.00 | 150,481.00 | 99,350.00 |
| Current Accrued Liabilities | 156,321.00 | 149,251.00 | 121,784.00 | 115,198.00 |
| Short-Term Debt | 566,195.00 | 93,875.00 | 75,135.00 | 81,306.00 |
| Other Current Liabilities | 358,670.00 | 326,905.00 | 284,262.00 | 220,033.00 |
| Non-Current Liabilities | 381,742.00 | 364,072.00 | 270,265.00 | 291,297.00 |
| Long-Term Debt | 158,891.00 | 172,930.00 | 106,186.00 | 135,978.00 |
| Other Non-Current Liabilities | 222,851.00 | 191,142.00 | 164,079.00 | 155,319.00 |
| Equity | 3,245,567.00 | 3,002,462.00 | 2,691,875.00 | 2,174,181.00 |
| Shareholders Equity | 3,202,468.00 | 2,961,527.00 | 2,660,967.00 | 2,151,276.00 |
| Capital Stock | 7,142,853.00 | 7,142,853.00 | 7,142,853.00 | 7,142,853.00 |
| Share Premium | 0 | 0 | 0 | 0 |
| Retained Earnings | 2,112,091.00 | 1,803,482.00 | 1,564,809.00 | 1,276,523.00 |
| Treasury Shares | 0 | 23,816.00 | 0 | 0 |
| Accumulated Other Comprehensive Income | -6,052,476.00 | -5,960,992.00 | -6,046,695.00 | -6,268,100.00 |
| Minority Interest | 43,099.00 | 40,935.00 | 30,908.00 | 22,905.00 |
| Debt | 725,086.00 | 266,805.00 | 181,321.00 | 217,284.00 |
| Common Shares Outstanding | 30,893.30 | 30,900.00 | 30,951.11 | 30,951.11 |
| Breakdown | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 |
|---|---|---|---|---|
| Revenues | 4,567,459.00 | 4,205,511.00 | 3,507,067.00 | 2,746,151.00 |
| Cost Of Revenue | 1,364,407.00 | 1,514,674.00 | 1,234,672.00 | 922,561.00 |
| Interest Income | 44,167.00 | 39,418.00 | 23,255.00 | 6,083.00 |
| Interest Expense | 50,284.00 | 13,861.00 | 9,287.00 | 11,360.00 |
| Non-Interest Expense | 1,559,598.00 | 1,338,509.00 | 1,135,743.00 | 888,586.00 |
| Gross Profit | 3,203,052.00 | 2,690,837.00 | 2,272,395.00 | 1,823,590.00 |
| Operating Expenses | 1,890,719.00 | 1,648,335.00 | 1,390,480.00 | 1,124,465.00 |
| Selling, General and Administrative Expenses | 1,559,598.00 | 1,338,509.00 | 1,135,743.00 | 888,586.00 |
| Research and Development Expenses | 226,935.00 | 212,235.00 | 177,024.00 | 149,238.00 |
| Other Operating Expenses | -10,369.00 | -11,831.00 | -9,828.00 | -1,841.00 |
| Operating Income | 1,312,333.00 | 1,042,502.00 | 881,915.00 | 699,125.00 |
| Net Non-Operating Income | 0 | 0 | 0 | -10,288.00 |
| EBT | 1,246,921.00 | 1,065,710.00 | 894,104.00 | 682,083.00 |
| Income Tax | 309,811.00 | 311,554.00 | 285,298.00 | 205,476.00 |
| Net Income Including Non-Controlling Interests | 937,110.00 | 754,156.00 | 608,806.00 | 476,607.00 |
| Net Income Non-Controlling Interests | -16,079.00 | -15,965.00 | -11,653.00 | -26,654.00 |
| Net Income | 921,031.00 | 738,191.00 | 597,153.00 | 449,953.00 |
| EBIT | 1,297,205.00 | 1,079,571.00 | 903,391.00 | 693,443.00 |
| Deprecation and Amortization | 762,782.00 | 731,297.00 | 609,638.00 | 561,925.00 |
| EBITDA | 2,059,987.00 | 1,810,868.00 | 1,513,029.00 | 1,255,368.00 |
| EPS | 0.03 | 0.02 | 0.02 | 0.02 |
| Diluted EPS | 0.03 | 0.02 | 0.02 | 0.02 |
| Average Shares Outstanding Basic | 30,895.00 | 30,948.00 | 30,951.00 | 29,528.00 |
| Average Shares Outstanding Diluted | 30,895.00 | 30,948.00 | 30,951.00 | 29,528.00 |
| Breakdown | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 |
|---|---|---|---|---|
| Operating Cash Flow | 1,933,295.00 | 955,040.00 | 1,126,663.00 | 931,706.00 |
| Operating Net Income | 1,246,921.00 | 1,065,710.00 | 894,104.00 | 682,083.00 |
| Deprecation and Amortization | 762,782.00 | 731,297.00 | 609,638.00 | 561,925.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | 0 | 0 |
| Change in Working Capital | 215,763.00 | -539,338.00 | -115,170.00 | -123,608.00 |
| Other Operating Activities | -292,171.00 | -302,629.00 | -261,909.00 | -188,694.00 |
| Investing Cash Flow | -1,077,335.00 | -932,187.00 | -622,210.00 | -658,217.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -1,017,898.00 | -873,471.00 | -569,157.00 | -547,794.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | -5,102.00 | 0 | -66,607.00 |
| Other Investing Activities | -59,437.00 | -53,614.00 | -53,053.00 | -43,816.00 |
| Financing Cash Flow | -443,260.00 | -592,954.00 | -420,026.00 | 334,972.00 |
| Net Issuance/Repayment of Debt | 187,865.00 | -69,620.00 | -88,774.00 | -883,912.00 |
| Net Issuance/Repurchase of Equity | -3,461.00 | -23,816.00 | 0 | 450,727.00 |
| Dividends Paid | -612,422.00 | -499,518.00 | -331,252.00 | 0 |
| Other Financing Activities | -15,242.00 | 0.00 | 0.00 | 768,157.00 |
| Net Change in Cash | 412,700.00 | -570,101.00 | 84,427.00 | 608,461.00 |
| Cash at Beginning of Period | 436,165.00 | 965,750.00 | 718,026.00 | 76,098.00 |
| Cash at End of Period | 837,583.00 | 436,165.00 | 965,750.00 | 718,026.00 |
| Free Cash Flow | 851,987.00 | 27,472.00 | 500,354.00 | 335,256.00 |
| Breakdown | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 |
|---|---|---|---|---|---|
| Assets | 4,929,093.00 | 5,353,224.00 | 5,079,150.00 | 4,786,688.00 | 4,357,297.00 |
| Current Assets | 1,120,057.00 | 1,680,258.00 | 1,656,795.00 | 1,520,987.00 | 1,241,941.00 |
| Cash and Short-Term Investments | 420,819.00 | 1,102,667.00 | 1,042,882.00 | 921,736.00 | 706,815.00 |
| Cash and Cash Equivalents | 420,819.00 | 1,102,667.00 | 1,042,882.00 | 921,736.00 | 706,815.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 694,323.00 | 573,050.00 | 610,083.00 | 595,455.00 | 530,781.00 |
| Inventory | 4,915.00 | 4,541.00 | 3,830.00 | 3,796.00 | 4,345.00 |
| Other Current Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-Current Assets | 3,809,036.00 | 3,672,966.00 | 3,422,355.00 | 3,265,701.00 | 3,115,356.00 |
| Property, Plant, Equipment Net | 2,915,371.00 | 2,713,869.00 | 2,508,215.00 | 2,357,611.00 | 2,250,984.00 |
| Goodwill | 177,685.00 | 177,132.00 | 174,957.00 | 215,867.00 | 215,737.00 |
| Intangible Assets | 85,330.00 | 84,118.00 | 83,053.00 | 78,642.00 | 76,309.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 132,230.00 | 124,179.00 | 121,749.00 | 115,739.00 | 103,706.00 |
| Other Non-Current Assets | 0 | 0 | 0 | 497,842.00 | 468,620.00 |
| Liabilities | 1,882,270.00 | 1,851,629.00 | 1,833,583.00 | 1,820,760.00 | 1,645,167.00 |
| Current Liabilities | 1,408,380.00 | 1,439,424.00 | 1,451,841.00 | 1,218,923.00 | 1,056,641.00 |
| Payables and Expenses | 616,440.00 | 711,702.00 | 526,976.00 | 698,339.00 | 593,963.00 |
| Account Payables | 533,703.00 | 581,947.00 | 215,996.00 | 575,285.00 | 498,677.00 |
| Current Accrued Liabilities | 0 | 0 | 156,321.00 | 0 | 0 |
| Short-Term Debt | 419,976.00 | 369,964.00 | 566,195.00 | 175,943.00 | 131,177.00 |
| Other Current Liabilities | 371,964.00 | 357,758.00 | 358,670.00 | 344,641.00 | 331,501.00 |
| Non-Current Liabilities | 473,890.00 | 412,205.00 | 381,742.00 | 601,837.00 | 588,526.00 |
| Long-Term Debt | 235,004.00 | 185,537.00 | 158,891.00 | 401,812.00 | 397,007.00 |
| Other Non-Current Liabilities | 238,886.00 | 226,668.00 | 222,851.00 | 200,025.00 | 191,519.00 |
| Equity | 3,046,823.00 | 3,501,595.00 | 3,245,567.00 | 2,965,928.00 | 2,712,130.00 |
| Shareholders Equity | 2,994,826.00 | 3,453,612.00 | 3,202,468.00 | 2,919,934.00 | 2,669,416.00 |
| Capital Stock | 7,142,853.00 | 7,142,853.00 | 7,142,853.00 | 7,131,059.00 | 7,131,059.00 |
| Share Premium | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 1,926,136.00 | 2,376,186.00 | 2,112,091.00 | 1,861,451.00 | 1,624,191.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -6,074,163.00 | -6,065,427.00 | -6,052,476.00 | -6,072,576.00 | -6,085,834.00 |
| Minority Interest | 51,997.00 | 47,983.00 | 43,099.00 | 45,994.00 | 42,714.00 |
| Debt | 654,980.00 | 555,501.00 | 725,086.00 | 577,755.00 | 528,184.00 |
| Common Shares Outstanding | 30,893.30 | 30,893.30 | 30,893.30 | 30,893.30 | 30,893.30 |
| Breakdown | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 |
|---|---|---|---|---|---|
| Revenues | 1,343,894.00 | 1,277,017.00 | 1,219,523.00 | 1,159,390.00 | 1,106,721.00 |
| Cost Of Revenue | 431,460.00 | 403,714.00 | 350,579.00 | 351,359.00 | 328,053.00 |
| Interest Income | 10,926.00 | 10,429.00 | 10,422.00 | 8,824.00 | 13,708.00 |
| Interest Expense | 17,245.00 | 15,166.00 | 16,040.00 | 16,784.00 | 11,826.00 |
| Non-Interest Expense | 487,226.00 | 425,600.00 | 395,051.00 | 406,489.00 | 396,316.00 |
| Gross Profit | 912,434.00 | 873,303.00 | 868,944.00 | 808,031.00 | 778,668.00 |
| Operating Expenses | 556,413.00 | 521,509.00 | 483,731.00 | 482,856.00 | 476,470.00 |
| Selling, General and Administrative Expenses | 487,226.00 | 425,600.00 | 395,051.00 | 406,489.00 | 396,316.00 |
| Research and Development Expenses | 60,050.00 | 63,780.00 | 57,770.00 | 57,447.00 | 54,109.00 |
| Other Operating Expenses | -6,244.00 | -1,457.00 | -995.00 | -3,408.00 | -4,284.00 |
| Operating Income | 356,021.00 | 351,794.00 | 385,213.00 | 325,175.00 | 302,198.00 |
| EBT | 337,530.00 | 347,057.00 | 335,363.00 | 317,622.00 | 288,610.00 |
| Income Tax | 88,961.00 | 78,183.00 | 80,027.00 | 76,897.00 | 72,844.00 |
| Net Income Including Non-Controlling Interests | 248,569.00 | 268,874.00 | 255,336.00 | 240,725.00 | 215,766.00 |
| Net Income Non-Controlling Interests | -4,993.00 | -4,779.00 | -4,696.00 | -3,461.00 | -4,223.00 |
| Net Income | 243,576.00 | 264,095.00 | 250,640.00 | 237,264.00 | 211,543.00 |
| EBIT | 354,775.00 | 362,223.00 | 351,403.00 | 334,406.00 | 300,436.00 |
| EBITDA | 354,775.00 | 362,223.00 | 351,403.00 | 334,406.00 | 300,436.00 |
| EPS | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Diluted EPS | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Average Shares Outstanding Basic | 30,893.00 | 30,893.00 | 30,893.00 | 30,893.00 | 30,896.00 |
| Average Shares Outstanding Diluted | 30,893.00 | 30,893.00 | 30,893.00 | 30,893.00 | 30,896.00 |
| Breakdown | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | 266,817.00 | 641,959.00 | 260,513.00 | 442,420.00 | 394,129.00 | 0 |
| Operating Net Income | 0 | 0 | 0 | 0 | 0 | 305,326.00 |
| Deprecation and Amortization | 0 | 0 | 0 | 0 | 0 | 191,313.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 0 | 0 | 0 | 0 | 0 | 351,731.00 |
| Other Operating Activities | 0 | 0 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | -262,347.00 | -317,118.00 | -288,254.00 | -268,604.00 | -241,118.00 | 0 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 | 0 | -266,709.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | -705,619.00 | -35,295.00 | -28,880.00 | 12,438.00 | -388,720.00 | 0 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0 | 0 | -19,395.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 | -18,703.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | -701,149.00 | 289,546.00 | -56,621.00 | 186,254.00 | -235,709.00 | 0 |
| Cash at Beginning of Period | 1,102,667.00 | 837,583.00 | 855,926.00 | 674,324.00 | 949,558.00 | 0 |
| Cash at End of Period | 392,767.00 | 1,102,667.00 | 837,583.00 | 855,926.00 | 674,324.00 | 0 |
| Free Cash Flow | 266,817.00 | 641,959.00 | -820,795.00 | 442,420.00 | 394,129.00 | 0 |