Joint Stock Company Kaspi.kz (KSPI)
NASDAQ: KSPI · Real-Time Price · USD
89.47
-2.22 (-2.42%)
At close: Nov 9, 2026, 4:00 PM EST
91.45
+1.98 (2.22%)
Pre-market: Nov 10, 2026, 4:32 AM EST
KSPI Ratios and Metrics
Market cap in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 9, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 17,001 | 14,906 | 17,996 | 17,546 | 12,599 | 27,359 | |
Market Cap Growth | 21.02% | -17.17% | 2.57% | 39.26% | -53.95% | 163.66% |
Enterprise Value | 16,147 | 14,836 | 17,352 | 16,801 | 12,175 | 27,353 |
Last Close Price | 89.47 | 73.22 | 88.76 | 81.45 | 53.82 | 110.15 |
Price Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 9, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 7.17 | 7.04 | 9.08 | 9.46 | 9.96 | 27.55 |
Forward PE | 6.30 | 6.11 | 7.40 | - | - | - |
PS Ratio | 1.86 | 1.87 | 3.71 | 4.18 | 4.59 | 13.44 |
PB Ratio | 3.12 | 2.90 | 6.00 | 7.21 | 7.06 | 23.57 |
P/TBV Ratio | 3.78 | 4.60 | 6.63 | 7.86 | 7.25 | 24.50 |
P/FCF Ratio | 7.98 | 15.39 | 19.42 | 7.53 | 6.06 | 261.77 |
P/OCF Ratio | 6.63 | 11.22 | 16.23 | 7.19 | 5.71 | 169.11 |
EV Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 9, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
EV/Sales Ratio | 1.77 | 1.86 | 3.58 | 4.00 | 4.44 | 13.43 |
EV/EBITDA Ratio | 3.15 | 3.25 | 4.69 | 5.03 | 5.55 | 16.67 |
EV/EBIT Ratio | 3.27 | 3.36 | 4.76 | 5.12 | 5.64 | 16.97 |
EV/FCF Ratio | 7.58 | 15.31 | 18.72 | 7.21 | 5.86 | 261.71 |
Financial Efficiency
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 9, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Debt / Equity Ratio | 0.22 | 0.14 | 0.09 | 0.15 | 0.27 | 0.56 |
Debt / EBITDA Ratio | 0.24 | 0.15 | 0.07 | 0.11 | 0.22 | 0.40 |
Debt / FCF Ratio | 0.64 | 0.72 | 0.28 | 0.15 | 0.23 | 6.25 |
Net Debt / Equity Ratio | -0.15 | -0.22 | -0.31 | -0.60 | -0.47 | -0.11 |
Net Debt / EBITDA Ratio | -0.17 | -0.25 | -0.25 | -0.43 | -0.38 | -0.08 |
Net Debt / FCF Ratio | -0.43 | -1.16 | -0.99 | -0.62 | -0.41 | -1.28 |
Asset Turnover | 0.40 | 0.42 | 0.34 | 0.32 | 0.29 | 0.28 |
Inventory Turnover | 12.19 | 17.19 | 21.75 | - | - | - |
Quick Ratio | 6.10 | 5.35 | 4.89 | 4.63 | 4.13 | 3.80 |
Current Ratio | 6.52 | 5.64 | 4.97 | 4.71 | 4.21 | 3.86 |
Return on Equity (ROE) | 44.78% | 51.15% | 78.98% | 88.01% | 88.52% | 96.78% |
Return on Assets (ROA) | 13.54% | 14.38% | 15.71% | 15.58% | 14.30% | 13.66% |
Return on Invested Capital (ROIC) | 81.96% | 114.94% | 205.05% | 281.24% | 185.20% | 158.52% |
Return on Capital Employed (ROCE) | 22.50% | 23.40% | 27.00% | 26.00% | 23.80% | 24.50% |
Yields
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 9, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Earnings Yield | 13.95% | 14.20% | 11.01% | 10.58% | 10.04% | 3.63% |
FCF Yield | 12.53% | 6.50% | 5.15% | 13.27% | 16.50% | 0.38% |
Dividend Yield | 9.92% | 2.14% | 5.13% | 7.62% | 5.55% | 1.43% |
Payout Ratio | 45.47% | - | 62.14% | 66.57% | 35.91% | 78.80% |
Buyback Yield / Dilution | -0.08% | -0.25% | 0.33% | 0.99% | 0.18% | -0.32% |
Total Shareholder Return | 9.84% | 1.89% | 5.46% | 8.61% | 5.73% | 1.10% |