Joint Stock Company Kaspi.kz (KSPI) and Its Peers Financial Analysis

Joint Stock Company Kaspi.kz (NASDAQ:KSPI) is one of 196 public companies in the “Business services, not elsewhere classified” industry, but how does it compare to its rivals? We will compare Joint Stock Company Kaspi.kz to similar companies based on the strength of its analyst recommendations, dividends, institutional ownership, profitability, valuation, earnings and risk.

Dividends

Joint Stock Company Kaspi.kz pays an annual dividend of $6.85 per share and has a dividend yield of 7.2%. Joint Stock Company Kaspi.kz pays out 66.1% of its earnings in the form of a dividend. As a group, “Business services, not elsewhere classified” companies pay a dividend yield of 0.6% and pay out 25.6% of their earnings in the form of a dividend.

Risk & Volatility

Joint Stock Company Kaspi.kz has a beta of 1.28, indicating that its share price is 28% more volatile than the S&P 500. Comparatively, Joint Stock Company Kaspi.kz’s rivals have a beta of 1.49, indicating that their average share price is 49% more volatile than the S&P 500.

Institutional & Insider Ownership

32.2% of Joint Stock Company Kaspi.kz shares are held by institutional investors. Comparatively, 58.4% of shares of all “Business services, not elsewhere classified” companies are held by institutional investors. 16.9% of shares of all “Business services, not elsewhere classified” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Joint Stock Company Kaspi.kz and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Joint Stock Company Kaspi.kz	0	0	3	0	3.00
Joint Stock Company Kaspi.kz Competitors	967	6301	12791	336	2.61

Joint Stock Company Kaspi.kz presently has a consensus price target of $150.67, indicating a potential upside of 57.57%. As a group, “Business services, not elsewhere classified” companies have a potential upside of 20.95%. Given Joint Stock Company Kaspi.kz’s stronger consensus rating and higher probable upside, equities analysts plainly believe Joint Stock Company Kaspi.kz is more favorable than its rivals.

Profitability

This table compares Joint Stock Company Kaspi.kz and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Joint Stock Company Kaspi.kz	N/A	N/A	N/A
Joint Stock Company Kaspi.kz Competitors	-16.33%	-154.67%	-3.10%

Valuation and Earnings

This table compares Joint Stock Company Kaspi.kz and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Joint Stock Company Kaspi.kz	$2,520.93 billion	$1.85 billion	9.23
Joint Stock Company Kaspi.kz Competitors	$28.78 billion	$590.94 million	22.87

Joint Stock Company Kaspi.kz has higher revenue and earnings than its rivals. Joint Stock Company Kaspi.kz is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Summary

Joint Stock Company Kaspi.kz beats its rivals on 9 of the 15 factors compared.

Joint Stock Company Kaspi.kz Company Profile

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.