Joint Stock Company Kaspi.kz (KASE:KSPI)

KASE:KSPI Ratios and Metrics

Market cap in millions KZT. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 1, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	7,543,978	7,555,774	9,441,086	7,955,362	5,827,759	11,897,270
Market Cap Growth	-8.21%	-19.97%	18.68%	36.51%	-51.02%	172.15%
Enterprise Value	7,121,343	7,520,160	9,103,177	7,617,569	5,631,620	11,894,511
Last Close Price	40305.00	40390.00	54540.00	45600.00	33196.50	52250.00
PE Ratio	7.03	7.04	9.08	9.46	9.96	27.55
PS Ratio	1.87	1.87	3.71	4.18	4.59	13.44
PB Ratio	2.90	2.90	6.00	7.21	7.06	23.57
P/TBV Ratio	4.59	4.60	6.63	7.86	7.25	24.50
P/FCF Ratio	15.36	15.39	19.42	7.53	6.06	261.77
P/OCF Ratio	11.20	11.22	16.23	7.19	5.71	169.11
EV/Sales Ratio	1.92	1.86	3.58	4.00	4.44	13.43
EV/EBITDA Ratio	3.36	3.25	4.69	5.03	5.55	16.67
EV/EBIT Ratio	3.47	3.36	4.76	5.12	5.64	16.97
EV/FCF Ratio	14.50	15.31	18.72	7.21	5.86	261.71
Debt / Equity Ratio	0.14	0.14	0.09	0.15	0.27	0.56
Debt / EBITDA Ratio	0.15	0.15	0.07	0.11	0.22	0.40
Debt / FCF Ratio	0.72	0.72	0.28	0.15	0.23	6.25
Net Debt / Equity Ratio	-0.22	-0.22	-0.31	-0.60	-0.47	-0.11
Net Debt / EBITDA Ratio	-0.25	-0.25	-0.25	-0.43	-0.38	-0.08
Net Debt / FCF Ratio	-1.16	-1.16	-0.99	-0.62	-0.41	-1.28
Asset Turnover	0.42	0.42	0.34	0.32	0.29	0.28
Inventory Turnover	17.19	17.19	21.75	-	-	-
Quick Ratio	5.35	5.35	4.89	4.63	4.13	3.80
Current Ratio	5.64	5.64	4.97	4.71	4.21	3.86
Return on Equity (ROE)	51.15%	51.15%	78.98%	88.01%	88.52%	96.78%
Return on Assets (ROA)	14.38%	14.38%	15.71%	15.58%	14.30%	13.66%
Return on Invested Capital (ROIC)	84.15%	114.94%	205.05%	281.24%	185.20%	158.52%
Return on Capital Employed (ROCE)	23.40%	23.40%	27.00%	26.00%	23.80%	24.50%
Earnings Yield	14.23%	14.20%	11.01%	10.58%	10.04%	3.63%
FCF Yield	6.51%	6.50%	5.15%	13.27%	16.50%	0.38%
Dividend Yield	-	2.10%	4.67%	7.02%	5.12%	1.69%
Payout Ratio	-	-	62.14%	66.57%	35.91%	78.80%
Buyback Yield / Dilution	-0.25%	-0.25%	0.33%	0.99%	0.18%	-0.32%
Total Shareholder Return	-0.25%	1.86%	5.00%	8.01%	5.30%	1.37%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.