KARO
Karooooo Ltd.
KARO has lower modeled downside risk, despite its lower overall score.
SNDK
Sandisk Corporation
SNDK has the edge over KARO overall, supported by stronger fundamentals and stronger modeled upside.
KARO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Strong |
KARO's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK's revenue, profitability, cash flow and balance sheet are all currently strong.
KARO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 23x | $46.58 | -27% |
| Fair | 26x | $53.02 | -17% |
| Current | 31x | $63.60 | — |
| Expensive | 32x | $65.96 | +3.7% |
Historical ranges are pointers, not guarantees.
KARO's PE is 31x, but its earnings don't support one, so it isn't a reliable read right now.
SNDK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 3.8x | $937 | — |
| Current | 7.5x | $937 | — |
| Cheap | 17x | $2,173 | +132% |
| Fair | 24x | $3,048 | +225% |
| Expensive | 59x | $7,452 | +695% |
Historical ranges are pointers, not guarantees.
SNDK has the edge over KARO in the historical PE scenario, which offers more potential upside but is not a forecast.
KARO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for KARO, with profitability holding steady.
SNDK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| High |
SNDK has the edge over KARO on the outlook, with more favorable profitability expectations.
KARO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $2.07 | +6.2% |
| Q2 2026 | $1.99 | +5.9% |
| Q1 2026 | $1.93 | +7.2% |
| Q4 2025 | $2.00 | +16% |
| Q3 2025 | $1.95 | +20% |
| Q2 2025 | $1.88 | +20% |
| Q1 2025 | $1.80 | +23% |
| Q4 2024 | $1.72 | +28% |
KARO's earnings per share have climbed steadily: $2.07 over the past year, up 6.2% from the year before, and higher year over year for 19 quarters in a row.
SNDK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $247.30 | +97% |
| Q3 2026 | $125.61 | +$137.63 |
| Q2 2026 | $73.76 | +$85.07 |
| Q2 2025 | -$11.31 | -$6.65 |
SNDK has the edge over KARO in the latest year-over-year earnings comparison.
KARO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $98.8M | +22% |
| Q2 2026 | $94.2M | +22% |
| Q1 2026 | $87.3M | +19% |
| Q4 2025 | $84.9M | +22% |
| Q3 2025 | $81M | +21% |
| Q2 2025 | $76.9M | +18% |
| Q1 2025 | $73.5M | +12% |
| Q4 2024 | $69.8M | +7.3% |
KARO's revenue has grown year over year every quarter since late 2020: $99M last quarter, up 22% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 26% | -0.7 points |
| Q2 2026 | 26% | -1.4 points |
| Q1 2026 | 23% | -8.3 points |
| Q4 2025 | 26% | -1.9 points |
| Q3 2025 | 26% | -0.8 points |
| Q2 2025 | 28% | -0.2 points |
| Q1 2025 | 32% | +4.4 points |
| Q4 2024 | 28% | +2.6 points |
KARO's operating margin was 26% last quarter, down 0.7 points from the same quarter a year ago.
SNDK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11B | +378% |
| Q2 2026 | $9B | +372% |
| Q1 2026 | $6B | +251% |
| Q4 2025 | $3B | +61% |
| Q3 2025 | $2.3B | +23% |
| Q2 2025 | $1.9B | +8% |
| Q1 2025 | $1.7B | -0.6% |
| Q4 2024 | $1.9B | +13% |
SNDK's revenue has grown year over year for six quarters in a row: $11B last quarter, up 378% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 80% | +72 points |
| Q2 2026 | 78% | +78 points |
| Q1 2026 | 69% | +180 points |
| Q4 2025 | 35% | +25 points |
| Q3 2025 | 7.6% | -9 points |
| Q2 2025 | 0.9% | N/A |
| Q1 2025 | -111% | -122 points |
| Q4 2024 | 10% | +6.6 points |
SNDK has the edge over KARO on profitability, with a higher operating margin.
KARO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $0 | $0 |
| Q2 2026 | $3.6M | +$3.6M |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | $0 |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | -100% |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | $0 |
KARO's free cash flow has been positive every quarter for six years: $4M over the past year, against $0 the year before.
SNDK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $6.3B | +1340% |
| Q2 2026 | $7.1B | +14355% |
| Q1 2026 | $3B | +$3B |
| Q3 2025 | $438M | +$636M |
| Q2 2025 | $49M | +$217M |
| Q1 2025 | -$18M | +$23M |
| Q3 2024 | -$198M | -$157M |
SNDK has the edge over KARO on cash flow, with more consistent year-over-year improvement.
KARO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | -- |
| 3 years | -0.2% | -58K shares |
| 5 years | -0.2% | -58.1K shares |
| Available history | +52% | +10.6M shares |
KARO has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
KARO hasn't bought back shares in the past year.
SNDK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -1M shares |
| 1 year | +3.4% | +5M shares |
| 3 years | +6.9% | +10M shares |
SNDK has 154M diluted shares, up 3.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5B |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
KARO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | -0.0x | Net Cash |
| Q1 2026 | -0.0x | Very low |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.2x | Very low |
| Q2 2025 | -0.3x | Net Cash |
| Q1 2025 | -0.2x | Net Cash |
| Q4 2024 | -0.2x | Net Cash |
KARO's net debt is less than a year of its operating earnings (EBITDA).
SNDK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
SNDK has the edge over KARO on leverage, with a lower net debt burden relative to earnings.
KARO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.8 | Neutral |
| Stochastic | 61.6 | Neutral |
KARO's weekly RSI is 58 (neutral) and its Stochastic is 62 (neutral).
SNDK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 10.6 | Oversold |
SNDK's weekly RSI is 40 (neutral) and its Stochastic is 11 (oversold).
KARO PE vs Technology Sector
| Metric | KARO | Sector median | Relative |
|---|---|---|---|
| PE | 31x | 28x | 10% above |
| PE % | 76 | 41 | 35 pts above |
KARO is trading at 31x earnings, a 10% premium to the Technology sector's median of 28x, though its earnings don't support one.
SNDK PE vs Technology Sector
| Metric | SNDK | Sector median | Relative |
|---|---|---|---|
| PE | 7.5x | 28x | 73% below |
| PE % | 4 | 27 | 23 pts below |
SNDK has the edge over KARO on valuation relative to its sector.
KARO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $62.4 | 1.9% above |
| 20 week MA | $62.8 | 1.2% above |
| 50 week MA | $53.9 | 18% above |
| 100 week MA | $50.7 | 25% above |
| 200 week MA | $39.5 | 61% above |
KARO has stronger trend alignment. KARO is above 5 of 5 weekly averages versus SNDK above 0 of 3.
SNDK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,317.5 | 29% below |
| 20 week MA | $1,465.4 | 36% below |
| 50 week MA | $1,119.6 | 16% below |
SNDK is in a downtrend: it's below all three of its weekly moving averages, and 16% below its 50-week average.
KARO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $34.0 | $36.2 | +6.4% |
| 2022 | $36.2 | $23.1 | -36% |
| 2023 | $23.1 | $24.3 | +5.3% |
| 2024 | $24.3 | $45.9 | +89% |
| 2025 | $45.9 | $47.4 | +3.3% |
| 2026 YTD | $47.4 | $63.6 | +34% |
KARO has finished higher in four of the last five years. It's up 34% so far in 2026.
SNDK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $50.4 | $250.1 | +396% |
| 2026 YTD | $250.1 | $937.5 | +275% |
SNDK has the edge over KARO on returns for 2026, with the stronger performance.