KARO vs MANH vs VLTO Stock Comparison

Karooooo, Manhattan Associates and Veralto Prices as of Oct 29, 2026 Peers: Industry group
KARO Karooooo Ltd.
$66.70 +9.6% 1M +49.2% 1Y
Market cap
$2.03B
P/E
31.7x
Revenue (TTM)
$364.50M
Div. yield
–
Supply Chain Software Technology
4 wins
VLTO Veralto Corp
$103.97 +7.6% 1M +4.5% 1Y
Market cap
$28.38B
P/E
28.3x
Revenue (TTM)
$5.80B
Div. yield
–
Water Treatment Industrials
4 wins

Head to Head

8 decided of 12

Veralto leads on 4 of the 12 questions below (Veralto 4, Karooooo 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionKAROMANHVLTOLeader
Larger companyMarket capitalisation $2.03B $15.20B $28.38B VLTO
Cheaper on earningsLower P/E, profitable companies only 31.7x 71.4x 28.3x VLTO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 27.1x 41.3x 22.9x VLTO
Faster revenue growthRevenue growth, trailing twelve months +31.4% +8.4% +6.4% KARO
More profitableNet margin, trailing twelve months 17.6% — — –
Better return on capitalReturn on invested capital 34.9% — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +49.2% +35.1% +4.5% KARO
Better 5-year returnAnnualised price return, 5 years +13.6%/yr +5.8%/yr — KARO
Less volatileAnnualised volatility, 1 year 36.5% 46.3% 23.3% VLTO
Higher overall scoreMean of the five percentile scores vs peers 69/100 39/100 — KARO

Percentile Scorecard

KAROMANHVLTO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisKAROMANHVLTO
Valuation 58 #38 of 89 10 #80 of 89 70 #7 of 21
Growth 81 #16 of 81 39 #50 of 81 50 #10 of 19
Profitability 100 #1 of 76 68 #25 of 76 –
Financial Health 57 #41 of 93 – –
Shareholder Returns 49 #26 of 50 – –
Overall 69 39 –
  • KARO ranked among 98 companies in Vertical Software
  • MANH ranked among 98 companies in Vertical Software
  • VLTO ranked among 22 companies in Environmental Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodKAROMANHVLTOSPY
1 month +9.6%+20.4%+7.6% +0.7%
3 months +4.2%+26.1%+9.8% +3.7%
6 months +36.2%+74.7%+17.9% +7.1%
Year to date +46.6%+39.0%+4.2% +12.8%
1 year +49.2%+35.1%+4.5% +11.9%
3 years +161.8%+27.3%+52.1% +85.2%
3 years, per year +37.8%+8.4%+15.0% +22.8%
5 years +89.5%+32.7%— +67.6%
5 years, per year +13.6%+5.8%— +10.9%
10 years —+373.6%— +262.0%
10 years, per year —+16.8%— +13.7%

Risk

MeasureKAROMANHVLTOSPY
Volatility, 1Y 36.5%46.3%23.3% 12.7%
Downside volatility, 1Y 32.3%46.2%21.9% 12.6%
Beta vs S&P 500, 1Y 0.920.290.23 1.00
Return / volatility, 1Y 1.350.760.19 0.94
Max drawdown, 5Y -54.4%-61.0%-27.6% -25.4%
From 52-week high -2.9%-0.5%-0.9% -1.2%
52-week high $68.71$242.17$104.87 $779.14
52-week low $41.60$120.88$82.23 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleKAROMANHVLTO
P/E now vs peer median 32.1xmedian 39.2x 66.5xmedian 39.2x 25.4xmedian 25.4x
P/S now vs peer median 5.7xmedian 2.4x 12.1xmedian 2.4x 4.4xmedian 2.5x
EV/EBITDA now vs peer median —median 17.3x —median 17.3x —median 17.9x
P/FCF now vs peer median 15.9xmedian 20.3x 29.2xmedian 20.3x 22.1xmedian 22.3x
P/B now vs peer median 10.7xmedian 1.8x 69.9xmedian 1.8x —median 1.8x
PEG now vs peer median —median 1.52 6.20median 1.52 4.62median 1.73

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsKAROMANHVLTO
Revenue $364.50M $1.16B $5.80B
Gross profit $245.35M – $3.49B
Operating income $92.48M – $1.27B
Net income $65.09M $212.94M –
Free cash flow $129.31M – –
R&D $16.89M $146.19M $278.00M
EPS (diluted) – $3.61 $4.08
Cash & equivalents $40.11M $199.45M –
Total debt $171.74M – –
Shares (diluted) – 59.00M 245.80M
Enterprise value $1.69B $15.20B $28.38B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricKAROMANHVLTO
P/E 32.1x 66.5x 25.4x
P/FCF 15.9x 29.2x 22.1x
P/Operating cash flow 15.9x 36.0x –
P/S 5.7x 12.1x 4.4x
P/B 10.7x 69.9x –
P/Tangible book 10.7x 69.9x –
EV/EBITDA – – –
EV/EBIT 22.2x – –
EV/Revenue 5.6x 12.1x 4.4x
EV/FCF 15.9x – –
EV/Operating cash flow 15.9x 36.0x –
PEG (3Y EPS CAGR) – 6.20 4.62

Growth

14 metrics
MetricKAROMANHVLTO
Revenue growth (1Y) 31.4% 8.4% 6.4%
Revenue CAGR (3Y) 19.1% 9.2% 5.2%
Gross profit growth (1Y) 27.8% – 6.7%
Gross profit CAGR (3Y) 21.6% – 6.8%
Operating income growth (1Y) 17.7% – -0.2%
Operating income CAGR (3Y) 21.9% – 3.3%
Net income growth (1Y) 15.9% -1.4% –
Net income CAGR (3Y) 22.6% 8.7% –
EPS growth (1Y) – 1.9% 11.9%
EPS CAGR (3Y) – 10.7% 5.5%
Operating cash flow growth (1Y) 45.0% 12.5% –
Operating cash flow CAGR (3Y) 24.4% 22.4% –
Free cash flow growth (1Y) 45.0% – –
Free cash flow CAGR (3Y) 31.7% – –

Profitability

14 metrics
MetricKAROMANHVLTO
Gross margin 67.3% – –
EBITDA margin – – –
Operating margin 25.4% – –
Pretax margin 24.2% – –
Net margin 17.6% – –
FCF margin 35.5% – –
Operating cash flow margin 35.5% 33.8% –
Return on equity 31.3% – –
Return on assets 16.8% – –
Return on invested capital 34.9% – –
Return on capital employed 38.5% – –
Asset turnover 0.9x 1.6x –
Cash conversion (OCF / net income) 2.0x 1.8x –
Stock comp / revenue – 10.4% –

Financial Health

11 metrics
MetricKAROMANHVLTO
Debt / assets 17.4% – –
Debt / equity 0.3x – –
Net debt / EBITDA – – –
Debt / FCF 0.5x – –
Liabilities / assets 50.2% – –
Equity / assets 49.8% 26.7% –
Interest coverage 14.9x – –
Current ratio 0.6x 1.1x –
Quick ratio 0.9x – –
Cash ratio 0.5x – –
Altman Z-score 8.42 – –

Shareholder Returns

7 metrics
MetricKAROMANHVLTO
Dividend yield 2.2% – 0.5%
Net buyback yield – – –
Shareholder yield 2.2% – 0.5%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusKAROMANHVLTO
Forward P/E 27.1xFY2026 41.3xFY2026 22.9xFY2026
EPS, next fiscal year $2.46FY2026 $5.83FY2026 $4.54FY2026
EPS growth, next FY +21.2%FY2026 +15.2%FY2026 +16.4%FY2026
EPS growth, the year after +16.7% +11.1% +7.9%
Revenue, next fiscal year $418.13MFY2026 $1.09BFY2026 $5.70BFY2026
Revenue growth, next FY +22.3%FY2026 +0.9%FY2026 +3.7%FY2026
Revenue growth, the year after +3.1% +11.5% +16.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersKAROMANHVLTO
Held by institutions 14.4% 100.0% 96.1%
Institutions holding 83 507 975
Change in shares held, QoQ +18.4% -0.7% +3.3%
Institutions buying 54 249 399
Institutions selling 13 198 385
Buyers to sellers 4.15 1.26 1.04

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

KAROMANHVLTO
KARO 1.00 0.39 0.23
MANH 0.39 1.00 0.38
VLTO 0.23 0.38 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, KARO, MANH and VLTO?

Veralto (VLTO) is the largest by market capitalisation: Karooooo (KARO) $2.03B, Manhattan Associates (MANH) $15.20B, Veralto (VLTO) $28.38B.

Which stock is cheaper, KARO, MANH and VLTO?

Veralto (VLTO) trades on the lowest price-to-earnings ratio (Karooooo (KARO) 31.7x, Manhattan Associates (MANH) 71.4x, Veralto (VLTO) 28.3x). On next year's consensus earnings, Veralto (VLTO) is cheapest (Karooooo (KARO) 27.1x, Manhattan Associates (MANH) 41.3x, Veralto (VLTO) 22.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Karooooo (KARO) grew revenue fastest over the trailing twelve months: Karooooo (KARO) +31.4%, Manhattan Associates (MANH) +8.4%, Veralto (VLTO) +6.4%.

Which stock has performed better?

Over the past year Karooooo (KARO) returned the most: Karooooo (KARO) +49.2%, Manhattan Associates (MANH) +35.1%, Veralto (VLTO) +4.5%. Over five years, Karooooo (KARO) compounded fastest (Karooooo (KARO) +13.6%/yr, Manhattan Associates (MANH) +5.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Veralto (VLTO) has been the steadiest (Karooooo (KARO) 36.5%, Manhattan Associates (MANH) 46.3%, Veralto (VLTO) 23.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, KARO, MANH and VLTO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Veralto (VLTO) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.