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Company Analysis

Joint Stock Company Kaspi.kz - KSPI

A comprehensive view of key metrics, scores, and financial health for Joint Stock Company Kaspi.kz -

Overview of Joint Stock Company Kaspi.kz

KSPI NMS
Technology Software - Infrastructure Framework: Software & SaaS Large Cap
Joint Stock Company Kaspi.kz (KSPI), is a Large Cap company, in the Software - Infrastructure industry, last closed at $80.56, about 79935.3% undervalued vs fair value, -6.8% 1Y return, placing in the top 25% of its sector.
USD 80.56
-2.15%
(Delayed)
• Vol 90d: 40.8%
52-Week Range
Market Cap
$14.93B
Enterprise Value
$-48.53B
Overall Score
View breakdown
Overall
Growth
Good
Profitability
Excellent
Health
Fair
Efficiency
Weak
Valuation
Weak
Growth
Good
Profitability
Excellent
Health
Fair
Efficiency
Weak
Valuation
Weak
Completeness: 82%
Confidence: 89%
Updated: Mar 8
Top Beats

Quick Facts

Website https://ir.kaspi.kz
HQ Almaty
Fiscal year Dec 31

Next Events

Earnings Aug 10 Estimated

Fair Value Snapshot

Bear Base Bull
$59510
$64476
$70201
Current: $80.56 +79935% vs base

Engine Room Money Flow™

Large Cap

Software & SaaS - Where revenue goes and how value is created

Flow Steps
Total Revenue
$2.5T
33.4%%
Gross Profit
$1.6T
29%%
Operating Income (GAAP)
$1.3T
27.3%%
Operating Cash Flow
$581.9B
-47.4%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Software & SaaS

Quality & Reliability Indicators

Gross Margin
62.3%
Good

Gross Profit / Revenue — pricing power and product moat (SaaS benchmark: >70%)

Locked Metric
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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$648.9B
133.5% of FCF

Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
2
Active Leaks
0/2
Improving
0
High Impact
2
Critical
Locked Leak
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Moat Analysis Software & SaaS Specialized

Competitive Advantage Assessment

Evaluating Joint Stock Company Kaspi.kz - 's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
71
/100
Moderate
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Strong
76
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Software SaaS vs Industry Peers 76% Coverage
Trade-Off Triangle Visualization A ternary plot showing KSPI's balance between Growth (39.3%), Profitability (37.0%), and Safety (23.7%). Growth 39% Safety 24% Profitability 37%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

82th percentile vs peers
83
Key Signals
Rev Growth YoY 33.4% 88p Revenue CAGR 3Y 41.5% 89p EPS Growth YoY 24.0% 50p
Strengths
  • Growth performance in top 20% of peers (percentile: 82)
  • Rev Growth YoY in top 20% of peers (33.4%, 88th percentile)
  • Revenue CAGR 3Y in top 20% of peers (41.5%, 89th percentile)
  • Rule of 40 in top 20% of peers (52.6%, 90th percentile)
  • Superior capital returns - 2 return metrics above peer median
Risks

No significant risks identified for this axis.

Profitability

78th percentile vs peers
78
Key Signals
Strengths
Risks
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Safety

50th percentile vs peers
50
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Joint Stock Company Kaspi.kz - .

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$64476.46
- - -
+79935.3% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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