KARO vs. KEN
KARO (Karooooo Ltd.) and KEN (Kenon Holdings Ltd.) are both stocks. KARO operates in Software - Application (Technology), while KEN operates in Utilities - Regulated Electric (Utilities). Over the past 5 years, KARO returned 14.21%/yr vs 31.24%/yr for KEN. Their 0.07 correlation means their historical movements had little consistent relationship.
Performance
KARO vs. KEN - Performance Comparison
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Returns By Period
In the year-to-date period, KARO achieves a 44.50% return, which is significantly higher than KEN's 6.24% return.
KARO
- 1D
- 0.32%
- 1M
- 22.05%
- 6M
- 31.37%
- YTD
- 44.50%
- 1Y
- 50.29%
- 3Y*
- 41.13%
- 5Y*
- 14.21%
- 10Y*
- —
- ALL TIME*
- 19.14%
KEN
- 1D
- 1.05%
- 1M
- -1.07%
- 6M
- -0.40%
- YTD
- 6.24%
- 1Y
- 50.59%
- 3Y*
- 54.12%
- 5Y*
- 31.24%
- 10Y*
- 38.18%
- ALL TIME*
- 29.41%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
KARO Karooooo Ltd. | $8.65M | $9.23M | $6.44M |
| $1.44M | $1.46M | $2.07M |
KARO vs. KEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
KARO Karooooo Ltd. | 44.50% | 3.48% | 91.47% | 8.00% | -41.49% | 40.62% |
KEN Kenon Holdings Ltd. | 6.24% | 126.18% | 62.44% | -19.16% | -23.73% | 91.13% |
Correlation
The correlation between KARO and KEN is 0.12, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.08 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.08 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2021 | 0.07 |
Fundamentals
KARO:
$1.98B
KEN:
$3.51B
KARO:
ZAR 33.15
KEN:
$1.52
KARO:
32.00
KEN:
44.42
KARO:
1.48
KEN:
7.46
KARO:
5.68
KEN:
3.59
KARO:
9.14
KEN:
2.38
KARO:
ZAR 5.77B
KEN:
$1.01B
KARO:
ZAR 3.92B
KEN:
$166.82M
KARO:
ZAR 2.39B
KEN:
$339.95M
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Return for Risk
KARO vs. KEN — Risk / Return Rank
KARO
KEN
KARO vs. KEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Karooooo Ltd. (KARO) and Kenon Holdings Ltd. (KEN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KARO | KEN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.21 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.54 | 1.45 | +0.09 |
| Martin ratioReturn relative to average drawdown | 2.56 | 3.99 | -1.43 |
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Drawdowns
KARO vs. KEN - Drawdown Comparison
The maximum KARO drawdown since its inception was -52.12%, smaller than the maximum KEN drawdown of -69.20%. Use the drawdown chart below to compare losses from any high point for KARO and KEN.
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Drawdown Indicators
| KARO | KEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.12% | -69.20% | +17.08% |
Max Drawdown (1Y)Largest decline over 1 year | -31.13% | -33.19% | +2.06% |
Max Drawdown (3Y)Largest decline over 3 years | -32.31% | -33.19% | +0.88% |
Max Drawdown (5Y)Largest decline over 5 years | -51.66% | -69.20% | +17.54% |
Max Drawdown (10Y)Largest decline over 10 years | — | -69.20% | — |
Current DrawdownCurrent decline from peak | -0.35% | -29.49% | +29.14% |
Average DrawdownAverage peak-to-trough decline | -24.65% | -23.26% | -1.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.70% | 12.14% | +6.56% |
Volatility
KARO vs. KEN - Volatility Comparison
Karooooo Ltd. (KARO) has a higher volatility of 13.77% compared to Kenon Holdings Ltd. (KEN) at 12.02%. This indicates that KARO's price experiences larger fluctuations and is considered to be riskier than KEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KARO | KEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.77% | 12.02% | +1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 27.75% | 32.11% | -4.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.94% | 40.31% | +1.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.31% | 39.88% | +14.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.96% | 41.92% | +13.04% |
Dividends
KARO vs. KEN - Dividend Comparison
KARO's dividend yield for the trailing twelve months is around 4.28%, less than KEN's 5.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KARO Karooooo Ltd. | 4.28% | 2.75% | 2.39% | 3.50% | 2.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KEN Kenon Holdings Ltd. | 5.71% | 7.24% | 11.18% | 11.46% | 25.00% | 7.35% | 7.41% | 5.75% | 96.34% | 0.00% | 0.00% | 45.52% |
Financials
KARO vs. KEN - Financials Comparison
This section allows you to compare key financial metrics between Karooooo Ltd. and Kenon Holdings Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
KARO vs. KEN - Profitability Comparison
KARO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Karooooo Ltd. reported a gross profit of 1.07B and revenue of 1.56B. Therefore, the gross margin over that period was 68.4%.
KEN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Kenon Holdings Ltd. reported a gross profit of 47.00M and revenue of 317.00M. Therefore, the gross margin over that period was 14.8%.
KARO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Karooooo Ltd. reported an operating income of 409.69M and revenue of 1.56B, resulting in an operating margin of 26.2%.
KEN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Kenon Holdings Ltd. reported an operating income of 4.00M and revenue of 317.00M, resulting in an operating margin of 1.3%.
KARO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Karooooo Ltd. reported a net income of 294.26M and revenue of 1.56B, resulting in a net margin of 18.8%.
KEN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Kenon Holdings Ltd. reported a net income of 26.00M and revenue of 317.00M, resulting in a net margin of 8.2%.
Frequently Asked Questions
KARO and KEN have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KARO has higher volatility (13.77%) compared to KEN (12.02%). In terms of maximum drawdown, KARO dropped -52.12% vs KEN's -69.20%.
KEN currently has the higher Sharpe Ratio (1.19 vs 1.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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