SE vs. KARO
SE (Sea Limited) and KARO (Karooooo Ltd.) are both stocks. SE operates in Electronic Gaming & Multimedia (Communication Services), while KARO operates in Software - Application (Technology). Over the past 5 years, SE returned -20.32%/yr vs 6.12%/yr for KARO. At a 0.18 correlation, their price movements are largely independent.
Performance
SE vs. KARO - Performance Comparison
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Returns By Period
In the year-to-date period, SE achieves a -33.77% return, which is significantly lower than KARO's 1.82% return.
SE
- 1D
- -2.39%
- 1M
- -2.58%
- YTD
- -33.77%
- 6M
- -34.14%
- 1Y
- -48.98%
- 3Y*
- 10.06%
- 5Y*
- -20.32%
- 10Y*
- —
KARO
- 1D
- -1.68%
- 1M
- -7.71%
- YTD
- 1.82%
- 6M
- -1.22%
- 1Y
- -18.47%
- 3Y*
- 29.27%
- 5Y*
- 6.12%
- 10Y*
- —
SE vs. KARO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SE Sea Limited | -33.77% | 20.24% | 161.98% | -22.16% | -76.74% | -5.39% |
KARO Karooooo Ltd. | 1.82% | 3.48% | 91.47% | 8.00% | -41.49% | 19.98% |
Correlation
The correlation between SE and KARO is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Apr 5, 2021 | 0.18 |
Fundamentals
SE:
$53.75B
KARO:
$1.43B
SE:
$2.57
KARO:
$31.92
SE:
32.82
KARO:
1.45
SE:
0.15
KARO:
0.07
SE:
2.10
KARO:
0.26
SE:
4.18
KARO:
0.43
SE:
$25.19B
KARO:
$5.43B
SE:
$11.15B
KARO:
$3.70B
SE:
$2.33B
KARO:
$2.27B
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Return for Risk
SE vs. KARO — Risk / Return Rank
SE
KARO
SE vs. KARO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sea Limited (SE) and Karooooo Ltd. (KARO). 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.
| SE | KARO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 0.96 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | -0.60 | -0.22 |
| Martin ratioReturn relative to average drawdown | -1.37 | -0.92 | -0.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SE | KARO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.97 | -0.41 | -0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.32 | 0.11 | -0.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.16 | +0.18 |
Drawdowns
SE vs. KARO - Drawdown Comparison
The maximum SE drawdown since its inception was -90.51%, which is greater than KARO's maximum drawdown of -52.12%. Use the drawdown chart below to compare losses from any high point for SE and KARO.
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Drawdown Indicators
| SE | KARO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.51% | -52.12% | -38.39% |
Max Drawdown (1Y)Largest decline over 1 year | -60.22% | -31.13% | -29.09% |
Max Drawdown (3Y)Largest decline over 3 years | -60.22% | -32.31% | -27.91% |
Max Drawdown (5Y)Largest decline over 5 years | -90.51% | -51.66% | -38.85% |
Current DrawdownCurrent decline from peak | -76.98% | -24.61% | -52.37% |
Average DrawdownAverage peak-to-trough decline | -44.06% | -25.04% | -19.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.90% | 20.12% | +15.78% |
Volatility
SE vs. KARO - Volatility Comparison
Sea Limited (SE) has a higher volatility of 19.06% compared to Karooooo Ltd. (KARO) at 12.27%. This indicates that SE's price experiences larger fluctuations and is considered to be riskier than KARO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SE | KARO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.06% | 12.27% | +6.79% |
Volatility (6M)Calculated over the trailing 6-month period | 37.96% | 26.66% | +11.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.73% | 44.97% | +5.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.12% | 54.04% | +10.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.63% | 54.72% | +7.91% |
Dividends
SE vs. KARO - Dividend Comparison
SE has not paid dividends to shareholders, while KARO's dividend yield for the trailing twelve months is around 2.70%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
KARO Karooooo Ltd. | 2.70% | 2.75% | 2.39% | 3.50% | 2.58% |
SE Sea Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SE vs. KARO - Financials Comparison
This section allows you to compare key financial metrics between Sea Limited and Karooooo 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
SE vs. KARO - Profitability Comparison
SE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sea Limited reported a gross profit of 3.15B and revenue of 7.10B. Therefore, the gross margin over that period was 44.3%.
KARO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Karooooo Ltd. reported a gross profit of 939.35M and revenue of 1.42B. Therefore, the gross margin over that period was 66.3%.
SE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sea Limited reported an operating income of 565.39M and revenue of 7.10B, resulting in an operating margin of 8.0%.
KARO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Karooooo Ltd. reported an operating income of 329.18M and revenue of 1.42B, resulting in an operating margin of 23.2%.
SE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sea Limited reported a net income of 427.94M and revenue of 7.10B, resulting in a net margin of 6.0%.
KARO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Karooooo Ltd. reported a net income of 217.46M and revenue of 1.42B, resulting in a net margin of 15.3%.
Frequently Asked Questions
SE and KARO have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SE has higher volatility (19.06%) compared to KARO (12.27%). In terms of maximum drawdown, SE dropped -90.51% vs KARO's -52.12%.
KARO currently has the higher Sharpe Ratio (-0.41 vs -0.97), 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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