Joint Stock Company Kaspi.kz (KSPI)
NASDAQ: KSPI · Real-Time Price · USD
77.00
-1.07 (-1.37%)
At close: Dec 4, 2025, 4:00 PM EST
76.78
-0.22 (-0.29%)
After-hours: Dec 4, 2025, 6:40 PM EST

KSPI Statistics

Total Valuation

KSPI has a market cap or net worth of $14.72 billion. The enterprise value is $14.52 billion.

Market Cap14.72B
Enterprise Value 14.52B

Important Dates

The last earnings date was Monday, November 10, 2025, before market open.

Earnings Date Nov 10, 2025
Ex-Dividend Date n/a

Share Statistics

KSPI has 190.78 million shares outstanding. The number of shares has decreased by -0.12% in one year.

Current Share Class n/a
Shares Outstanding 190.78M
Shares Change (YoY) -0.12%
Shares Change (QoQ) +0.02%
Owned by Insiders (%) 43.83%
Owned by Institutions (%) 35.77%
Float 80.49M

Valuation Ratios

The trailing PE ratio is 7.36 and the forward PE ratio is 6.01.

PE Ratio 7.36
Forward PE 6.01
PS Ratio 2.20
Forward PS 0.00
PB Ratio 3.55
P/TBV Ratio 4.88
P/FCF Ratio 20.76
P/OCF Ratio 16.15
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.52, with an EV/FCF ratio of 20.48.

EV / Earnings 7.23
EV / Sales 2.18
EV / EBITDA 3.52
EV / EBIT 3.62
EV / FCF 20.48

Financial Position

The company has a current ratio of 4.28, with a Debt / Equity ratio of 0.18.

Current Ratio 4.28
Quick Ratio 4.04
Debt / Equity 0.18
Debt / EBITDA 0.18
Debt / FCF 1.07
Interest Coverage 2.71

Financial Efficiency

Return on equity (ROE) is 59.55% and return on invested capital (ROIC) is 63.96%.

Return on Equity (ROE) 59.55%
Return on Assets (ROA) 15.29%
Return on Invested Capital (ROIC) 63.96%
Return on Capital Employed (ROCE) 25.79%
Revenue Per Employee $691,635
Profits Per Employee $208,223
Employee Count9,637
Asset Turnover 0.41
Inventory Turnover n/a

Taxes

In the past 12 months, KSPI has paid $460.12 million in taxes.

Income Tax 460.12M
Effective Tax Rate 18.56%

Stock Price Statistics

The stock price has decreased by -26.68% in the last 52 weeks. The beta is -0.07, so KSPI's price volatility has been lower than the market average.

Beta (5Y) -0.07
52-Week Price Change -26.68%
50-Day Moving Average 75.52
200-Day Moving Average 85.52
Relative Strength Index (RSI) 57.60
Average Volume (20 Days) 567,946

Short Selling Information

The latest short interest is 854,185, so 0.45% of the outstanding shares have been sold short.

Short Interest 854,185
Short Previous Month 696,575
Short % of Shares Out 0.45%
Short % of Float 1.06%
Short Ratio (days to cover) 0.92

Income Statement

In the last 12 months, KSPI had revenue of $6.67 billion and earned $2.01 billion in profits. Earnings per share was $10.48.

Revenue6.67B
Gross Profit 4.94B
Operating Income 4.01B
Pretax Income 2.48B
Net Income 2.01B
EBITDA 4.13B
EBIT 4.01B
Earnings Per Share (EPS) $10.48
Full Income Statement

Balance Sheet

The company has $956.03 million in cash and $756.66 million in debt, giving a net cash position of $199.37 million or $1.05 per share.

Cash & Cash Equivalents 956.03M
Total Debt 756.66M
Net Cash 199.37M
Net Cash Per Share $1.05
Equity (Book Value) 4.27B
Book Value Per Share 21.71
Working Capital 10.94B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $911.35 million and capital expenditures -$258.00 million, giving a free cash flow of $708.89 million.

Operating Cash Flow 911.35M
Capital Expenditures -258.00M
Free Cash Flow 708.89M
FCF Per Share $3.72
Full Cash Flow Statement

Margins

Gross margin is 74.12%, with operating and profit margins of 60.11% and 30.11%.

Gross Margin 74.12%
Operating Margin 60.11%
Pretax Margin 37.19%
Profit Margin 30.11%
EBITDA Margin 61.91%
EBIT Margin 60.11%
FCF Margin 10.64%

Dividends & Yields

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 2
Payout Ratio n/a
Buyback Yield 0.12%
Shareholder Yield 0.12%
Earnings Yield 13.63%
FCF Yield 4.82%
Dividend Details

Analyst Forecast

The average price target for KSPI is $113.00, which is 46.75% higher than the current price. The consensus rating is "Buy".

Price Target $113.00
Price Target Difference 46.75%
Analyst Consensus Buy
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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

KSPI has an Altman Z-Score of 2.75 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.75
Piotroski F-Score 5