KSPI Joint Stock Company Kaspi.kz logo

KSPI Joint Stock Company Kaspi.kz

Technology
$91.54+0.59%ClosedMarket Cap: $17.40B

As of 2026-05-25

Valuation

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P/E (TTM)

6.39

PEG

0.01

P/B

1459.72

P/S

1.95

EV/EBITDA

5.27

DCF Value

$702.53

FCF Yield

-13.1%

Div Yield

2.0%

Margins & Returns

Gross Margin

70.8%

Operating Margin

43.3%

Net Margin

24.7%

ROE

62.0%

ROA

4480.3%

ROIC

6213.4%

Financials

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PeriodRevenueNet IncomeEPS
Q1 null$1.03T$239.02B$
Q4 null$1.11T$267.97B$
FY null$3.94T$1.04T$
Q3 null$1.11T$278.05B$

Analyst Ratings

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Consensus

Hold

Target (Consensus)

$95.00

Target (Median)

$95.00

Target Range

$95.00 - $95.00

0 Strong Buy4 Buy3 Hold0 Sell0 Strong Sell
JP MorganNeutral
2025-08-20
JP MorganOverweight
2025-08-01

Trading Activity

Insider Trades

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Kim Vyacheslavdirector
SellFri May 22
Kim Vyacheslavdirector
SellFri May 22
Kim Vyacheslavdirector
SellFri May 22
Kim Vyacheslavdirector
SellFri May 22
Kim Vyacheslavdirector
SellFri May 22

Company Info

Sector

Technology

Industry

Software - Infrastructure

Country

KZ

Exchange

Beta

0.07

Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants. This segment offers shopping transactions, regular household bills, and peer to peer payments for consumers; accepts payment online and in store, issue and settle invoices, pay suppliers and monitor merchant turnover. It also provides proprietary data facilities informed decision making across multiple areas of business. Its Marketplace Platform segment connects online, and offline merchants and consumers enabling merchants to enhance its sales through an omni channel strategy and enable consumers to buy products and services from various merchants. This segment also operates marketplace through m-commerce, a mobile solution for shopping in person which consumers can use e-commerce to shop anywhere, anytime with free delivery; Kaspi Travel allows consumers to book domestic and international flights and package holidays, domestic rail tickets. It also enhances merchants sales by connecting payments and fintech products, Kapsi advertising, and other delivery services. The Fintech Platform segment provides consumers with BNPL, finance, and savings products and merchants with merchant finance services through super apps and Kapsi.kz Super app. It also involved in the banking; distressed asset management; real estate business; payment processing; online travel; and storage and processing of information services. The company was incorporated in 2008 and is headquartered in Almaty, the Republic of Kazakhstan.

Peers