Joint Stock Company Kaspi.kz (KSPI)
NASDAQ: KSPI · Real-Time Price · USD
105.55
+1.85 (1.78%)
At close: Aug 21, 2026, 4:00 PM EDT
105.71
+0.16 (0.15%)
After-hours: Aug 21, 2026, 7:58 PM EDT

KSPI Statistics

Total Valuation

KSPI has a market cap or net worth of $20.06 billion. The enterprise value is $19.20 billion.

Market Cap20.06B
Enterprise Value 19.20B

Important Dates

The last earnings date was Monday, August 10, 2026, before market open.

Earnings Date Aug 10, 2026
Ex-Dividend Date Sep 10, 2026

Share Statistics

KSPI has 190.03 million shares outstanding. The number of shares has increased by 0.08% in one year.

Current Share Class n/a
Shares Outstanding 190.03M
Shares Change (YoY) +0.08%
Shares Change (QoQ) +0.05%
Owned by Insiders (%) 68.78%
Owned by Institutions (%) 47.89%
Float 59.32M

Valuation Ratios

The trailing PE ratio is 9.17 and the forward PE ratio is 7.51.

PE Ratio 9.17
Forward PE 7.51
PS Ratio 2.19
Forward PS 0.00
PB Ratio 3.68
P/TBV Ratio 4.46
P/FCF Ratio 9.69
P/OCF Ratio 8.05
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.75, with an EV/FCF ratio of 9.28.

EV / Earnings 8.70
EV / Sales 2.10
EV / EBITDA 3.75
EV / EBIT 3.89
EV / FCF 9.28

Financial Position

The company has a current ratio of 6.52, with a Debt / Equity ratio of 0.22.

Current Ratio 6.52
Quick Ratio 6.10
Debt / Equity 0.22
Debt / EBITDA 0.24
Debt / FCF 0.60
Interest Coverage 2.29

Financial Efficiency

Return on equity (ROE) is 44.78% and return on invested capital (ROIC) is 81.96%.

Return on Equity (ROE) 44.78%
Return on Assets (ROA) 13.54%
Return on Invested Capital (ROIC) 81.96%
Return on Capital Employed (ROCE) 22.46%
Weighted Average Cost of Capital (WACC) 12.38%
Revenue Per Employee $652,326
Profits Per Employee $157,553
Employee Count14,008
Asset Turnover 0.40
Inventory Turnover 12.19

Taxes

In the past 12 months, KSPI has paid $591.95 million in taxes.

Income Tax 591.95M
Effective Tax Rate 21.21%

Stock Price Statistics

The stock price has increased by +16.88% in the last 52 weeks. The beta is 0.08, so KSPI's price volatility has been lower than the market average.

Beta (5Y) 0.08
52-Week Price Change +16.88%
50-Day Moving Average 89.82
200-Day Moving Average 81.38
Relative Strength Index (RSI) 78.44
Average Volume (20 Days) 587,013

Short Selling Information

The latest short interest is 1.17 million, so 1.15% of the outstanding shares have been sold short.

Short Interest 1.17M
Short Previous Month 1.25M
Short % of Shares Out 1.15%
Short % of Float n/a
Short Ratio (days to cover) 3.98

Income Statement

In the last 12 months, KSPI had revenue of $9.14 billion and earned $2.21 billion in profits. Earnings per share was $11.52.

Revenue9.14B
Gross Profit 6.35B
Operating Income 4.94B
Pretax Income 2.79B
Net Income 2.21B
EBITDA 5.12B
EBIT 4.94B
Earnings Per Share (EPS) $11.52
Full Income Statement

Balance Sheet

The company has $2.10 billion in cash and $1.25 billion in debt, with a net cash position of $854.29 million or $4.50 per share.

Cash & Cash Equivalents 2.10B
Total Debt 1.25B
Net Cash 854.29M
Net Cash Per Share $4.50
Equity (Book Value) 5.63B
Book Value Per Share 28.65
Working Capital 15.88B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.49 billion and capital expenditures -$420.57 million, giving a free cash flow of $2.07 billion.

Operating Cash Flow 2.49B
Capital Expenditures -420.57M
Depreciation & Amortization 195.59M
Net Borrowing 469.62M
Free Cash Flow 2.07B
FCF Per Share $10.90
Full Cash Flow Statement

Margins

Gross margin is 69.44%, with operating and profit margins of 54.04% and 24.15%.

Gross Margin 69.44%
Operating Margin 54.04%
Pretax Margin 30.54%
Profit Margin 24.15%
EBITDA Margin 56.08%
EBIT Margin 54.04%
FCF Margin 21.51%

Dividends & Yields

This stock pays an annual dividend of $8.75, which amounts to a dividend yield of 8.29%.

Dividend Per Share $8.75
Dividend Yield 8.29%
Dividend Growth (YoY) n/a
Years of Dividend Growth 2
Payout Ratio 48.74%
Buyback Yield -0.08%
Shareholder Yield 8.21%
Earnings Yield 11.00%
FCF Yield 10.32%
Dividend Details

Analyst Forecast

The average price target for KSPI is $102.29, which is -3.09% lower than the current price. The consensus rating is "Buy".

Price Target $102.29
Price Target Difference -3.09%
Analyst Consensus Buy
Analyst Count 7
Revenue Growth Forecast (3Y) 19.05%
EPS Growth Forecast (3Y) 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 2.61 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.61
Piotroski F-Score 6