Joint Stock Company Kaspi.kz American Depository Shares (KSPI) Stock Price

KSPIStock

$93.18+26.06%52W

Market Cap$17.71B

P/E17.21x

PEG Ratio0.52

Div yield5.67%

Beta1.13

KSPI Share Price Chart

Favorite Metrics

Price vs S&P 500 (26W)3.26%

Price vs S&P 500 (4W)-2.07%

PEG Ratio0.52

VGM Score57.80

P/E Ratio (Annual)17.21x

Indicated Dividend Yield (Annual)5.67%

P/CF (Annual)27.42x

Book Value / Share (Quarterly)$30.71

P/TBV (Annual)3.28x

Indicated Dividend (Annual)$0.01

Cash Flow / Share (Quarterly)$11.09

Payout Ratio (TTM)124.84%

Price vs S&P 500 (YTD)7.34%

EPS (TTM)$12.38

10-Day Avg Trading Volume0.46M

EPS Excl Extra (TTM)$12.38

EPS (Annual)$12.37

Dividend / Share (Annual)$0.00

ROI (Annual)37.71%

P/E Basic Excl Extra (TTM)17.23x

EPS Growth (5Y)32.93%

P/E Normalized (Annual)17.21x

ROA (Last FY)9.68%

EBITD / Share (TTM)$15.55

ROE (5Y Avg)69.50%

Cash Flow / Share (Annual)$5.71

P/B Ratio7.00x

P/B Ratio (Quarterly)2.84x

ROA (TTM)9.62%

EPS Growth QoQ (YoY)0.81%

EV / EBITDA (TTM)6.18x

EPS Incl Extra (Annual)$12.37

3-Month Avg Trading Volume0.50M

52-Week Price Return26.06%

EV / Free Cash Flow (Annual)38.85x

P/E Incl Extra (TTM)17.23x

Tangible BV / Share (Quarterly)$16.77

52-Week High$0.24

EPS Excl Extra (Annual)$12.37

CapEx CAGR (5Y)58.60%

26-Week Price Return13.16%

13-Week Price Return5.99%

Total Debt / Equity (Annual)0.14x

Enterprise Value$42.18B

3-Month Return Std Dev31.10%

EBITDA CAGR (5Y)33.19%

EBITDA Interim CAGR (5Y)29.39%

ROE (Last FY)43.07%

EPS Basic Excl Extra (Annual)$12.37

P/FCF (TTM)16.85x

EV / Free Cash Flow (TTM)20.02x

Total Debt / Equity (Quarterly)0.23x

EPS Incl Extra (TTM)$12.38

ROI (TTM)36.62%

Dividend Growth Rate (5Y)45.57%

Tangible BV / Share (Annual)$24.34

Forward P/E6.62x

Free OCF CAGR (5Y)-3.91%

Price vs S&P 500 (52W)10.52%

P/E Ratio (TTM)17.23x

EPS Growth TTM (YoY)-1.31%

Year-to-Date Return19.26%

5-Day Price Return-4.11%

EPS Normalized (Annual)$12.37

ROA (5Y Avg)11.56%

Month-to-Date Return-0.94%

EBITD / Share (Annual)$15.35

EPS Growth (3Y)22.86%

LT Debt / Equity (Annual)0.13x

P/CF (TTM)16.11x

ROI (5Y Avg)55.93%

P/E Excl Extra (TTM)17.23x

LT Debt / Equity (Quarterly)0.23x

EPS Basic Excl Extra (TTM)$12.38

P/TBV (Quarterly)6.39x

Payout Ratio (Annual)62.14%

P/B Ratio (Annual)2.76x

Dividend / Share (TTM)$3.76

Book Value / Share (Annual)$29.00

Price vs S&P 500 (13W)3.31%

Dividend Yield (TTM)1.75%

Beta1.13x

P/FCF (Annual)37.62x

ROE (TTM)42.51%

52-Week Low$0.15

vGradeC

gGradeC

mGradeB

vgmGradeC

KSPI Earnings Surprise History

Quarter	Report date	EPS estimate	EPS actual	Surprise
Q1 2026	May 14, 2026	$2.71	$2.95	+8.88%(+$0.24)
Q4 2025	Mar 13, 2026	$3.56	$3.25	-8.66%(-$0.31)
Q3 2025	Nov 13, 2025	$3.47	$3.22	-7.20%(-$0.25)
Q2 2025	Aug 6, 2025	$3.14	$2.97	-5.32%(-$0.17)

KSPI Analyst Recommendations

Jun 2026

Jul 2026

Aug 2026

Sep 2026

4.09

Industry Peers — Business Services(124)

Symbol	Value Score	Growth Score	Momentum Score	P/E Ratio (Annual)	Revenue Growth (5Y)	Operating Margin (TTM)	ROE (TTM)	Price
KSPIJoint Stock Company Kaspi.kz American Depository Shares	C	C	B	17.2x	—	—	42.5%	$93.18
VVISA Inc.	F	C	B	37.5x	12.9%	60.7%	61.3%	$402.61
MAMastercard Incorporated	F	B	B	36.1x	16.5%	58.3%	232.5%	$617.42
QHQuhuo Limited Class A Ordinary Shares	B	F	C	98.9x	-0.4%	-7.0%	-39.0%	$3.35
BABAAlibaba Group Holding Limited American Depositary Shares, each represents eight Ordinary Shares	C	D	C	17.0x	7.4%	2.9%	7.0%	$109.11
UBERUber Technologies, Inc.	C	B	C	14.3x	36.1%	12.1%	35.7%	$70.35
ACNAccenture PLC	C	C	A	16.8x	8.0%	15.4%	26.7%	$229.68
PDDPDD Holdings Inc. American Depositary Shares	B	C	C	8.0x	48.6%	21.9%	22.0%	$80.97
MELIMercado Libre, Inc	C	B	C	46.6x	48.7%	8.3%	26.5%	$1834.00
DASHDoorDash, Inc. Class A Common Stock	F	B	C	87.7x	36.6%	4.5%	8.5%	$189.15
RELXRELX PLC	D	C	B	24.3x	6.2%	32.6%	125.5%	$39.06
EBAYeBay Inc	D	D	B	26.4x	4.5%	20.5%	48.3%	$120.28
PYPLPayPal Holdings, Inc. Common Stock	B	D	B	9.3x	9.1%	17.4%	24.4%	$56.70
MSCIMSCI, Inc.	D	C	B	34.4x	13.1%	55.7%	108.7%	$569.08
CPAYCorpay, Inc.	C	C	B	24.5x	13.6%	43.6%	30.4%	$399.84
FISVFiserv, Inc. Common Stock	B	C	C	7.3x	7.4%	23.1%	10.8%	$47.55
TCOMTrip.com Group Limited American Depositary Shares	B	B	B	5.1x	27.8%	16.1%	14.6%	$40.01
GPNGlobal Payments, Inc.	C	C	B	15.8x	0.8%	12.4%	-4.0%	$83.67
BRBroadridge Financial Solutions Inc	C	C	B	17.6x	8.4%	17.4%	40.2%	$175.11
FISFidelity National Information Services, Inc.	B	C	C	48.6x	-3.2%	15.7%	22.6%	$36.01
FICOFair Isaac Corporation	D	B	D	25.5x	9.0%	51.6%	145.7%	$771.19
RBARB Global, Inc.	D	C	C	37.8x	27.2%	16.0%	8.0%	$84.30
CSGPCoStar Group Inc	D	C	C	1870.3x	14.4%	2.2%	0.9%	$32.31
AKAMAkamai Technologies Inc	C	D	C	27.9x	5.6%	10.5%	8.5%	$87.81
GRABGrab Holdings Limited Class A Ordinary Shares	D	A	D	44.7x	48.4%	3.2%	9.0%	$2.94
CARTMaplebear Inc. Common Stock	C	C	A	25.8x	20.4%	14.7%	16.7%	$49.83
WSEWise Group plc Class A Ordinary Shares	B	B	D	21.5x	42.8%	28.1%	42.3%	$10.98
PAYPPayPay Corporation American Depository Shares	C	B	C	13.5x	—	23.2%	36.2%	$15.68
ETSYEtsy, Inc.	C	D	B	47.9x	10.8%	16.0%	67.9%	$85.14
HQYHealthEquity, Inc	D	B	B	35.4x	12.4%	25.8%	11.4%	$92.03
ZGZILLOW GROUP INC CLASS A	C	C	C	274.7x	-5.0%	0.4%	1.2%	$31.88
ZZillow Group, Inc. Class C Capital Stock	C	C	C	274.7x	-5.0%	0.4%	1.2%	$30.82
LYFTLyft, Inc. Class A Common Stock	B	B	B	2.2x	21.7%	-1.8%	115.8%	$16.82
WEXWEX Inc.	C	C	B	21.2x	11.3%	25.5%	28.2%	$182.01
EXLSExlService Holdings, Inc.	C	C	A	23.9x	16.9%	14.9%	28.5%	$39.52
MBGLMobility Global Inc.	B	C	B	25.0x	—	18.8%	—	$18.69
RELYRemitly Global, Inc. Common Stock	C	A	B	75.3x	44.8%	9.4%	33.0%	$24.16
XMTRXometry, Inc. Class A Common Stock	F	A	B	—	37.2%	-3.8%	-8.7%	$90.91
AMTMAmentum Holdings, Inc.	B	B	C	72.3x	—	4.0%	4.4%	$19.52
DLODLocal Limited Class A Common Shares	C	A	B	21.0x	60.0%	17.4%	37.6%	$14.67
SEZLSezzle Inc. Common Stock	D	A	B	32.4x	50.3%	40.4%	85.5%	$127.65
PAYPaymentus Holdings, Inc.	D	B	B	59.3x	31.7%	7.6%	14.8%	$31.54
TNETTRINET GROUP, INC.	C	D	A	20.9x	4.4%	6.2%	188.2%	$70.70
MMSMAXIMUS, Inc.	B	C	B	10.1x	9.4%	11.0%	21.7%	$61.47
FOURShift4 Payments, Inc.	B	B	C	26.2x	40.4%	7.9%	6.6%	$39.43
CBZCBIZ, Inc.	B	C	B	26.1x	23.4%	9.3%	7.1%	$54.78
PAYOPayoneer Global Inc. Common Stock	C	D	B	33.0x	—	11.7%	10.0%	$7.12
FLYWFlywire Corporation Voting Common Stock	D	B	B	166.5x	36.4%	5.5%	4.1%	$18.47
WUThe Western Union Company	A	F	C	3.7x	-3.5%	15.9%	42.6%	$6.17
TICTIC Solutions, Inc	C	A	B	—	—	-2.1%	-5.5%	$8.65
ACVAACV Auctions Inc.	D	B	A	—	29.5%	-7.1%	-15.0%	$10.50

About Joint Stock Company Kaspi.kz American Depository Shares

Kaspi.kz operates Kazakhstan's integrated payment, marketplace, and fintech ecosystem through a single Super App platform. The company's three segments—payments processing, e-commerce marketplace, and consumer finance—enable cashless transactions, merchant-consumer connections, and digital financial management. By consolidating payments, shopping, and finance in one platform, Kaspi.kz captures multiple revenue streams within Kazakhstan's growing digital economy.

KSPI Next Earnings Report

Report dateNov 9, 2026

QuarterQ2 2026

Report timeBMO

EPS estimate$3.14

Revenue estimate$2.75B

Also reporting on Nov 9, 2026

Scheduled date with consensus estimates — both can change before the company reports.

Earnings calendar for November 2026

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Same SIC sector, outside this company's own industry.

Analyst Sentiment

4.1

Buy

Consensus rating

Price Range (34 wk)

Low$68.84

High$108.75