Karooooo Free Cash Flow vs Ev To Free Cash Flow Analysis

KARO Stock

USD 44.80 0.44 0.99%

Karooooo financial indicator trend analysis is infinitely more than just investigating Karooooo recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Karooooo is a good investment. Please check the relationship between Karooooo Free Cash Flow and its Ev To Free Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karooooo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Karooooo Stock, please use our How to Invest in Karooooo guide.

Free Cash Flow vs Ev To Free Cash Flow

Free Cash Flow vs Ev To Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Karooooo Free Cash Flow account and Ev To Free Cash Flow. At this time, the significance of the direction appears to have pay attention.

The correlation between Karooooo's Free Cash Flow and Ev To Free Cash Flow is -0.83. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Ev To Free Cash Flow in the same time period over historical financial statements of Karooooo, assuming nothing else is changed. The correlation between historical values of Karooooo's Free Cash Flow and Ev To Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Karooooo are associated (or correlated) with its Ev To Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Free Cash Flow has no effect on the direction of Free Cash Flow i.e., Karooooo's Free Cash Flow and Ev To Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.83

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Most indicators from Karooooo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Karooooo current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karooooo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Karooooo Stock, please use our How to Invest in Karooooo guide.At this time, Karooooo's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 30th of November 2024, Enterprise Value Over EBITDA is likely to grow to 13.17, while Tax Provision is likely to drop about 235.5 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	561.9M	609.6M	731.3M	529.0M
Interest Income	6.1M	23.3M	39.4M	41.4M

Depreciation And Amortization Interest Income

Karooooo fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory
Total Assets		0.06	0.99	0.74	0.92	0.88	0.68	0.98	0.98	-0.86	0.96	0.93	0.83	0.99	0.95	0.83	-0.93	0.83	0.71	0.87	-0.5	0.93	0.82	-0.24	0.49	-0.47
Short Long Term Debt Total	0.06		0.07	0.71	-0.34	0.45	-0.3	-0.1	-0.13	0.21	-0.23	-0.16	0.44	-0.09	-0.16	0.13	-0.38	0.44	-0.24	-0.43	0.22	-0.28	0.16	-0.51	-0.47	-0.9
Other Current Liab	0.99	0.07		0.75	0.9	0.88	0.7	0.96	0.97	-0.86	0.94	0.91	0.85	0.97	0.92	0.88	-0.93	0.85	0.7	0.86	-0.51	0.92	0.87	-0.29	0.45	-0.48
Total Current Liabilities	0.74	0.71	0.75		0.4	0.93	0.3	0.61	0.59	-0.47	0.51	0.53	0.89	0.62	0.54	0.7	-0.91	0.89	0.36	0.31	-0.24	0.46	0.71	-0.54	0.0	-0.94
Total Stockholder Equity	0.92	-0.34	0.9	0.4		0.64	0.77	0.96	0.97	-0.9	0.99	0.93	0.61	0.96	0.95	0.73	-0.72	0.61	0.73	0.99	-0.5	0.99	0.7	-0.04	0.64	-0.08
Other Liab	0.88	0.45	0.88	0.93	0.64		0.62	0.78	0.78	-0.75	0.71	0.65	0.98	0.79	0.68	0.87	-0.99	0.98	0.46	0.56	-0.33	0.72	0.86	-0.6	0.05	-0.79
Net Tangible Assets	0.68	-0.3	0.7	0.3	0.77	0.62		0.66	0.73	-0.96	0.73	0.53	0.69	0.67	0.56	0.86	-0.63	0.69	0.32	0.75	-0.22	0.83	0.83	-0.53	0.05	-0.08
Property Plant And Equipment Net	0.98	-0.1	0.96	0.61	0.96	0.78	0.66		0.99	-0.84	0.99	0.97	0.72	1.0	0.99	0.75	-0.84	0.72	0.78	0.93	-0.55	0.96	0.73	-0.08	0.63	-0.31
Current Deferred Revenue	0.98	-0.13	0.97	0.59	0.97	0.78	0.73	0.99		-0.89	1.0	0.96	0.73	1.0	0.97	0.8	-0.84	0.73	0.75	0.95	-0.53	0.97	0.78	-0.14	0.59	-0.29
Net Debt	-0.86	0.21	-0.86	-0.47	-0.9	-0.75	-0.96	-0.84	-0.89		-0.88	-0.73	-0.78	-0.85	-0.76	-0.9	0.78	-0.78	-0.48	-0.87	0.31	-0.94	-0.87	0.45	-0.24	0.22
Retained Earnings	0.96	-0.23	0.94	0.51	0.99	0.71	0.73	0.99	1.0	-0.88		0.96	0.67	0.99	0.98	0.76	-0.79	0.67	0.76	0.98	-0.54	0.98	0.74	-0.07	0.64	-0.19
Accounts Payable	0.93	-0.16	0.91	0.53	0.93	0.65	0.53	0.97	0.96	-0.73	0.96		0.57	0.97	0.99	0.64	-0.74	0.57	0.8	0.92	-0.57	0.89	0.63	0.1	0.76	-0.21
Cash	0.83	0.44	0.85	0.89	0.61	0.98	0.69	0.72	0.73	-0.78	0.67	0.57		0.73	0.6	0.92	-0.96	1.0	0.33	0.53	-0.21	0.69	0.91	-0.72	-0.07	-0.77
Non Current Assets Total	0.99	-0.09	0.97	0.62	0.96	0.79	0.67	1.0	1.0	-0.85	0.99	0.97	0.73		0.98	0.76	-0.85	0.73	0.77	0.93	-0.55	0.96	0.74	-0.09	0.62	-0.32
Non Currrent Assets Other	0.95	-0.16	0.92	0.54	0.95	0.68	0.56	0.99	0.97	-0.76	0.98	0.99	0.6	0.98		0.65	-0.76	0.6	0.81	0.93	-0.57	0.92	0.64	0.07	0.74	-0.23
Other Assets	0.83	0.13	0.88	0.7	0.73	0.87	0.86	0.75	0.8	-0.9	0.76	0.64	0.92	0.76	0.65		-0.88	0.92	0.41	0.68	-0.31	0.79	1.0	-0.66	0.03	-0.5
Long Term Debt	-0.93	-0.38	-0.93	-0.91	-0.72	-0.99	-0.63	-0.84	-0.84	0.78	-0.79	-0.74	-0.96	-0.85	-0.76	-0.88		-0.96	-0.55	-0.65	0.4	-0.78	-0.86	0.51	-0.17	0.74
Cash And Short Term Investments	0.83	0.44	0.85	0.89	0.61	0.98	0.69	0.72	0.73	-0.78	0.67	0.57	1.0	0.73	0.6	0.92	-0.96		0.33	0.53	-0.21	0.69	0.91	-0.72	-0.07	-0.77
Net Receivables	0.71	-0.24	0.7	0.36	0.73	0.46	0.32	0.78	0.75	-0.48	0.76	0.8	0.33	0.77	0.81	0.41	-0.55	0.33		0.76	-0.94	0.72	0.38	0.34	0.77	-0.06
Good Will	0.87	-0.43	0.86	0.31	0.99	0.56	0.75	0.93	0.95	-0.87	0.98	0.92	0.53	0.93	0.93	0.68	-0.65	0.53	0.76		-0.55	0.97	0.65	0.04	0.68	0.02
Common Stock Total Equity	-0.5	0.22	-0.51	-0.24	-0.5	-0.33	-0.22	-0.55	-0.53	0.31	-0.54	-0.57	-0.21	-0.55	-0.57	-0.31	0.4	-0.21	-0.94	-0.55		-0.53	-0.28	-0.33	-0.6	0.0
Common Stock Shares Outstanding	0.93	-0.28	0.92	0.46	0.99	0.72	0.83	0.96	0.97	-0.94	0.98	0.89	0.69	0.96	0.92	0.79	-0.78	0.69	0.72	0.97	-0.53		0.76	-0.15	0.53	-0.16
Short Term Investments	0.82	0.16	0.87	0.71	0.7	0.86	0.83	0.73	0.78	-0.87	0.74	0.63	0.91	0.74	0.64	1.0	-0.86	0.91	0.38	0.65	-0.28	0.76		-0.66	0.03	-0.51
Non Current Liabilities Total	-0.24	-0.51	-0.29	-0.54	-0.04	-0.6	-0.53	-0.08	-0.14	0.45	-0.07	0.1	-0.72	-0.09	0.07	-0.66	0.51	-0.72	0.34	0.04	-0.33	-0.15	-0.66		0.71	0.63
Capital Lease Obligations	0.49	-0.47	0.45	0.0	0.64	0.05	0.05	0.63	0.59	-0.24	0.64	0.76	-0.07	0.62	0.74	0.03	-0.17	-0.07	0.77	0.68	-0.6	0.53	0.03	0.71		0.29
Inventory	-0.47	-0.9	-0.48	-0.94	-0.08	-0.79	-0.08	-0.31	-0.29	0.22	-0.19	-0.21	-0.77	-0.32	-0.23	-0.5	0.74	-0.77	-0.06	0.02	0.0	-0.16	-0.51	0.63	0.29

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Karooooo Account Relationship Matchups

Pair Trading with Karooooo

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Karooooo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Karooooo will appreciate offsetting losses from the drop in the long position's value.

Moving together with Karooooo Stock

0.63	U	Unity Software Aggressive Push	Pair Corr
0.61	AI	C3 Ai Inc Earnings Call This Week	Pair Corr
0.67	DT	Dynatrace Holdings LLC	Pair Corr

Moving against Karooooo Stock

0.37	VERB	VERB TECHNOLOGY PANY Tech Boost	Pair Corr
0.35	EGAN	eGain	Pair Corr

The ability to find closely correlated positions to Karooooo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Karooooo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Karooooo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Karooooo to buy it.

The correlation of Karooooo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Karooooo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Karooooo moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Karooooo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Karooooo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Karooooo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Karooooo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Karooooo Stock:

How To Invest In Karooooo

Details

Is Karooooo Stock a good investment?

Details

What is Karooooo's Net Worth?

Details

Largest Application Software Companies

View

Largest Software - Application Companies

View

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karooooo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Karooooo Stock, please use our How to Invest in Karooooo guide.

You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Karooooo. If investors know Karooooo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Karooooo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.22

Dividend Share

19.257

Earnings Share

1.49

Revenue Per Share

140.909

Quarterly Revenue Growth

0.064

The market value of Karooooo is measured differently than its book value, which is the value of Karooooo that is recorded on the company's balance sheet. Investors also form their own opinion of Karooooo's value that differs from its market value or its book value, called intrinsic value, which is Karooooo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Karooooo's market value can be influenced by many factors that don't directly affect Karooooo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Karooooo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Karooooo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Karooooo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Karooooo Free Cash Flow vs Ev To Free Cash Flow Analysis

Free Cash Flow vs Ev To Free Cash Flow

Free Cash Flow vs Ev To Free Cash Flow Correlation Analysis

Correlation Coefficient

Free Cash Flow

Ev To Free Cash Flow

Karooooo fundamental ratios Correlations

Karooooo Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Karooooo

Moving together with Karooooo Stock

Moving against Karooooo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Retained Earnings	+ 1.0	Current Deferred Revenue
Non Current Assets Total	+ 1.0	Current Deferred Revenue
Cash And Short Term Investments	+ 1.0	Cash
Short Term Investments	+ 1.0	Other Assets
Other Current Liab	+ 0.99	Total Assets

Long Term Debt	- 0.99	Other Liab
Cash And Short Term Investments	- 0.96	Long Term Debt
Long Term Debt	- 0.96	Cash
Net Debt	- 0.96	Net Tangible Assets
Common Stock Total Equity	- 0.94	Net Receivables
Common Stock Shares Outstanding	- 0.94	Net Debt