Joint Stock Company Kaspi.kz (KASE:KSPI)

KASE:KSPI Statistics

Total Valuation

KASE:KSPI has a market cap or net worth of KZT 9.48 trillion. The enterprise value is 9.00 trillion.

Market Cap	9.48T
Enterprise Value	9.00T

Important Dates

The last earnings date was Monday, August 4, 2025.

Earnings Date	Aug 4, 2025
Ex-Dividend Date	n/a

Share Statistics

Current Share Class	190.78M
Shares Outstanding	n/a
Shares Change (YoY)	-0.14%
Shares Change (QoQ)	+0.40%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	78.60M

Valuation Ratios

The trailing PE ratio is 8.69 and the forward PE ratio is 7.26.

PE Ratio	8.69
Forward PE	7.26
PS Ratio	2.98
PB Ratio	4.67
P/TBV Ratio	6.85
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.08, with an EV/FCF ratio of 13.53.

EV / Earnings	8.25
EV / Sales	2.73
EV / EBITDA	4.08
EV / EBIT	4.18
EV / FCF	13.53

Financial Position

The company has a current ratio of 4.25, with a Debt / Equity ratio of 0.28.

Current Ratio	4.25
Quick Ratio	4.15
Debt / Equity	0.28
Debt / EBITDA	0.26
Debt / FCF	0.84
Interest Coverage	2.87

Financial Efficiency

Return on equity (ROE) is 67.68% and return on invested capital (ROIC) is 65.76%.

Return on Equity (ROE)	67.68%
Return on Assets (ROA)	15.13%
Return on Invested Capital (ROIC)	65.76%
Return on Capital Employed (ROCE)	25.31%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.37
Inventory Turnover	n/a

Taxes

In the past 12 months, KASE:KSPI has paid 242.86 billion in taxes.

Income Tax	242.86B
Effective Tax Rate	18.04%

Stock Price Statistics

The stock price has decreased by -19.85% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-19.85%
50-Day Moving Average	47,293.46
200-Day Moving Average	50,051.03
Relative Strength Index (RSI)	58.45
Average Volume (20 Days)	1,447

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	1.51

Income Statement

In the last 12 months, KASE:KSPI had revenue of KZT 3.18 trillion and earned 1.09 trillion in profits. Earnings per share was 5,697.42.

Revenue	3.18T
Gross Profit	2.50T
Operating Income	2.08T
Pretax Income	1.35T
Net Income	1.09T
EBITDA	2.13T
EBIT	2.08T
Earnings Per Share (EPS)	5,697.42

Balance Sheet

The company has 1.10 trillion in cash and 559.11 billion in debt, giving a net cash position of 540.30 billion.

Cash & Cash Equivalents	1.10T
Total Debt	559.11B
Net Cash	540.30B
Net Cash Per Share	n/a
Equity (Book Value)	2.03T
Book Value Per Share	10,244.26
Working Capital	5.91T

Cash Flow

In the last 12 months, operating cash flow was 807.08 billion and capital expenditures -141.63 billion, giving a free cash flow of 665.46 billion.

Operating Cash Flow	807.08B
Capital Expenditures	-141.63B
Free Cash Flow	665.46B
FCF Per Share	n/a

Margins

Gross margin is 78.66%, with operating and profit margins of 65.48% and 34.29%.

Gross Margin	78.66%
Operating Margin	65.48%
Pretax Margin	42.32%
Profit Margin	34.29%
EBITDA Margin	67.04%
EBIT Margin	65.48%
FCF Margin	20.92%

Dividends & Yields

KASE:KSPI does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	29.61%
Buyback Yield	0.14%
Shareholder Yield	n/a
Earnings Yield	11.51%
FCF Yield	7.02%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

KASE:KSPI has an Altman Z-Score of 2.72 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.72
Piotroski F-Score	5