Karooooo vs Materialise NV
Karooooo and Materialise NV are similar in size: $314m and $303m of revenue in their latest fiscal years. Karooooo grew faster (25.6% against 4.8%). Karooooo kept more of each dollar of sales as profit: a net margin of 18.1% against 2.9%. Karooooo carries less debt relative to equity (13.7% against 24.7%).
| Latest fiscal year | KaroooooKARO, 2026 | Materialise NVMTLS, 2025 |
|---|---|---|
| Revenue | $314m | $303m |
| Revenue growth | 25.6% | 4.8% |
| Net income | $57.0m | $8.7m |
| Operating margin | 25.8% | 3.3% |
| Net margin | 18.1% | 2.9% |
| Return on equity | 30.1% | 3.1% |
| Free cash flow | $46.4m | $12.7m |
| Cash | $72.5m | $157m |
| Total debt | $28.2m | $74.1m |
| Debt to equity | 13.7% | 24.7% |
| Dividend per share | — | — |
| Dividend yield | 2.0% | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $1.99bn | $423m |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 21 sales | 0 buys, 0 sales |