KARO vs OTEX vs MANH Stock Comparison

Karooooo, Open Text and Manhattan Associates Prices as of Oct 28, 2026 Peers: Industry group
KARO Karooooo Ltd.
$65.44 +7.6% 1M +44.5% 1Y
Market cap
$2.02B
P/E
31.5x
Revenue (TTM)
$364.50M
Div. yield
2.29%
Supply Chain Software Technology
7 wins
OTEX Open Text Corp
$27.13 +22.1% 1M -31.6% 1Y
Market cap
$6.57B
P/E
10.5x
Revenue (TTM)
$5.25B
Div. yield
4.11%
Productivity Software Technology
3 wins
MANH Manhattan Associates Inc
$239.73 +18.7% 1M +28.9% 1Y
Market cap
$13.98B
P/E
66.2x
Revenue (TTM)
$1.16B
Div. yield
–
Supply Chain Software Technology
1 win

Head to Head

11 decided of 12

Karooooo leads on 7 of the 12 questions below (Karooooo 7, Open Text 3, Manhattan Associates 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionKAROOTEXMANHLeader
Larger companyMarket capitalisation $2.02B $6.57B $13.98B MANH
Cheaper on earningsLower P/E, profitable companies only 31.5x 10.5x 66.2x OTEX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 26.6x 6.5x 41.1x OTEX
Faster revenue growthRevenue growth, trailing twelve months +31.4% +1.5% +8.4% KARO
More profitableNet margin, trailing twelve months 17.6% 12.3% — KARO
Better return on capitalReturn on invested capital 34.9% 8.1% — KARO
Less leveragedLower net debt / EBITDA — 2.8x — –
Higher dividend yieldTrailing dividend yield 2.29% 4.11% — OTEX
Better 1-year returnPrice return, last 12 months +44.5% -31.6% +28.9% KARO
Better 5-year returnAnnualised price return, 5 years +13.2%/yr -11.6%/yr +5.7%/yr KARO
Less volatileAnnualised volatility, 1 year 36.5% 38.7% 46.5% KARO
Higher overall scoreMean of the five percentile scores vs peers 69/100 58/100 40/100 KARO

Percentile Scorecard

KAROOTEXMANH

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

AxisKAROOTEXMANH
Valuation 58 #38 of 89 86 #5 of 29 10 #80 of 89
Growth 81 #16 of 81 42 #16 of 27 41 #48 of 81
Profitability 100 #1 of 76 68 #9 of 26 69 #24 of 76
Financial Health 56 #42 of 94 13 #27 of 31 –
Shareholder Returns 49 #27 of 52 81 #4 of 17 –
Overall 69 58 40
  • KARO ranked among 98 companies in Vertical Software
  • OTEX ranked among 32 companies in Workplace Software
  • MANH ranked among 98 companies in Vertical Software

Price Performance

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

Returns

PeriodKAROOTEXMANHSPY
1 month +7.6%+22.1%+18.7% +0.9%
3 months +1.5%+4.8%+17.5% +5.9%
6 months +31.9%+21.3%+66.7% +8.5%
Year to date +43.8%-16.7%+38.3% +13.3%
1 year +44.5%-31.6%+28.9% +12.4%
3 years +197.9%-16.4%+27.2% +88.1%
3 years, per year +43.9%-5.8%+8.4% +23.5%
5 years +85.9%-46.1%+32.1% +68.2%
5 years, per year +13.2%-11.6%+5.7% +11.0%
10 years —-12.1%+371.4% +263.4%
10 years, per year —-1.3%+16.8% +13.8%

Risk

MeasureKAROOTEXMANHSPY
Volatility, 1Y 36.5%38.7%46.5% 12.7%
Downside volatility, 1Y 32.2%40.0%46.4% 12.7%
Beta vs S&P 500, 1Y 0.920.820.29 1.00
Return / volatility, 1Y 1.22-0.820.62 0.98
Max drawdown, 5Y -54.4%-61.7%-61.0% -25.4%
From 52-week high -4.8%-31.6%-1.0% -0.9%
52-week high $68.71$39.69$242.17 $779.14
52-week low $41.60$20.01$120.88 $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.

MultipleKAROOTEXMANH
P/E now vs peer median 31.5xmedian 40.6x 10.5xmedian 31.0x 66.2xmedian 40.6x
P/S now vs peer median 5.5xmedian 2.4x 1.3xmedian 2.5x 12.1xmedian 2.4x
EV/EBITDA now vs peer median —median 18.3x 6.6xmedian 11.2x —median 18.3x
P/FCF now vs peer median 15.6xmedian 20.5x 8.1xmedian 15.6x 29.2xmedian 20.5x
P/B now vs peer median 10.5xmedian 1.8x 1.6xmedian 3.2x 69.6xmedian 1.8x
PEG now vs peer median —median 1.74 0.16median 0.74 6.17median 1.74

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 monthsKAROOTEXMANH
Revenue $364.50M $5.25B $1.16B
Gross profit $245.35M $3.87B –
Operating income $92.48M $1.08B –
Net income $65.09M $643.26M $212.94M
Free cash flow $129.31M $807.52M –
R&D $16.89M $647.71M $146.19M
EPS (diluted) – $2.58 $3.61
Cash & equivalents $40.11M $956.02M $199.45M
Total debt $171.74M $5.77B –
Shares (diluted) – 249.37M 59.00M
Enterprise value $1.68B $2.00B $13.98B

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
MetricKAROOTEXMANH
P/E 31.5x 10.5x 66.2x
P/FCF 15.6x 8.1x 29.2x
P/Operating cash flow 15.6x 6.5x 35.8x
P/S 5.5x 1.3x 12.1x
P/B 10.5x 1.6x 69.6x
P/Tangible book 10.5x 2.6x 69.6x
EV/EBITDA – 6.6x –
EV/EBIT 21.8x 10.5x –
EV/Revenue 5.5x 2.2x 12.1x
EV/FCF 15.6x 14.1x –
EV/Operating cash flow 15.6x 11.3x 35.8x
PEG (3Y EPS CAGR) – 0.16 6.17

Growth

14 metrics
MetricKAROOTEXMANH
Revenue growth (1Y) 31.4% 1.5% 8.4%
Revenue CAGR (3Y) 19.1% 5.4% 9.2%
Gross profit growth (1Y) 27.8% 3.6% –
Gross profit CAGR (3Y) 21.6% 6.9% –
Operating income growth (1Y) 17.7% 21.3% –
Operating income CAGR (3Y) 21.9% 28.0% –
Net income growth (1Y) 15.9% 47.5% -1.4%
Net income CAGR (3Y) 22.6% 62.3% 8.7%
EPS growth (1Y) – 56.0% 1.9%
EPS CAGR (3Y) – 66.8% 10.7%
Operating cash flow growth (1Y) 45.0% 21.2% 12.5%
Operating cash flow CAGR (3Y) 24.4% 8.9% 22.4%
Free cash flow growth (1Y) 45.0% 17.5% –
Free cash flow CAGR (3Y) 31.7% 7.2% –

Profitability

14 metrics
MetricKAROOTEXMANH
Gross margin 67.3% 73.7% –
EBITDA margin – 32.6% –
Operating margin 25.4% 20.6% –
Pretax margin 24.2% 16.4% –
Net margin 17.6% 12.3% –
FCF margin 35.5% 15.4% –
Operating cash flow margin 35.5% 19.2% 33.8%
Return on equity 31.3% 16.1% –
Return on assets 16.8% 4.9% –
Return on invested capital 34.9% 8.1% –
Return on capital employed 38.5% 10.2% –
Asset turnover 0.9x 0.4x 1.6x
Cash conversion (OCF / net income) 2.0x 1.6x 1.8x
Stock comp / revenue – 1.5% 10.4%

Financial Health

11 metrics
MetricKAROOTEXMANH
Debt / assets 17.4% 44.0% –
Debt / equity 0.3x 1.4x –
Net debt / EBITDA – 2.8x –
Debt / FCF 0.5x 7.1x –
Liabilities / assets 50.2% 69.4% –
Equity / assets 49.8% 30.6% 26.7%
Interest coverage 14.9x – –
Current ratio 0.6x 0.8x 1.1x
Quick ratio 0.9x 0.7x –
Cash ratio 0.5x 0.4x –
Altman Z-score 8.30 1.28 –

Shareholder Returns

7 metrics
MetricKAROOTEXMANH
Dividend yield 2.3% 4.1% –
Net buyback yield – 6.3% –
Shareholder yield 2.3% 10.4% –
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.

ConsensusKAROOTEXMANH
Forward P/E 26.6xFY2026 6.5xFY2027 41.1xFY2026
EPS, next fiscal year $2.46FY2026 $4.15FY2027 $5.83FY2026
EPS growth, next FY +21.2%FY2026 -4.8%FY2027 +15.2%FY2026
EPS growth, the year after +16.7% 0.0% +11.1%
Revenue, next fiscal year $418.13MFY2026 $5.05BFY2027 $1.09BFY2026
Revenue growth, next FY +22.3%FY2026 -2.5%FY2027 +0.9%FY2026
Revenue growth, the year after +3.1% +1.2% +11.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersKAROOTEXMANH
Held by institutions 14.4% 81.5% 100.0%
Institutions holding 83 270 506
Change in shares held, QoQ +18.4% +6.5% -0.7%
Institutions buying 54 159 248
Institutions selling 13 82 198
Buyers to sellers 4.15 1.94 1.25

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.

KAROOTEXMANH
KARO 1.00 0.40 0.39
OTEX 0.40 1.00 0.64
MANH 0.39 0.64 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, KARO, OTEX and MANH?

Manhattan Associates (MANH) is the largest by market capitalisation: Karooooo (KARO) $2.02B, Open Text (OTEX) $6.57B, Manhattan Associates (MANH) $13.98B.

Which stock is cheaper, KARO, OTEX and MANH?

Open Text (OTEX) trades on the lowest price-to-earnings ratio (Karooooo (KARO) 31.5x, Open Text (OTEX) 10.5x, Manhattan Associates (MANH) 66.2x). On next year's consensus earnings, Open Text (OTEX) is cheapest (Karooooo (KARO) 26.6x, Open Text (OTEX) 6.5x, Manhattan Associates (MANH) 41.1x). 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%, Open Text (OTEX) +1.5%, Manhattan Associates (MANH) +8.4%.

Which company is more profitable?

Karooooo (KARO) has the highest net margin (Karooooo (KARO) 17.6%, Open Text (OTEX) 12.3%). On return on invested capital, Karooooo (KARO) leads (Karooooo (KARO) 34.9%, Open Text (OTEX) 8.1%).

Which stock has performed better?

Over the past year Karooooo (KARO) returned the most: Karooooo (KARO) +44.5%, Open Text (OTEX) -31.6%, Manhattan Associates (MANH) +28.9%. Over five years, Karooooo (KARO) compounded fastest (Karooooo (KARO) +13.2%/yr, Open Text (OTEX) -11.6%/yr, Manhattan Associates (MANH) +5.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Open Text (OTEX) has the highest dividend yield: Karooooo (KARO) 2.29%, Open Text (OTEX) 4.11%. Manhattan Associates (MANH) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Karooooo (KARO) has been the steadiest (Karooooo (KARO) 36.5%, Open Text (OTEX) 38.7%, Manhattan Associates (MANH) 46.5%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Karooooo (KARO) leads on 7. 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.