Karooooo through its subsidiary, Cartrack Holdings Limited, is a global provider of real-time mobility data analytics solutions for smart transportation. Co.'s software-as-a-service platform acts as a central nervous system for connected vehicles and other mobile assets, such as construction equipment, generators, refrigeration units, trailers and boats. Co.'s platform collects, processes, and analyzes data via two-way communication with its hardware technology or third-party devices in each vehicle or other asset, providing its users with visibility into their fleets from a single interface with reporting and tracking capabilities that deliver insights in real-time. The KARO average annual return since 2021 is shown above.
The Average Annual Return on the KARO average annual return since 2021 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether KARO average annual return since 2021 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the KARO average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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