Skip to main content
    J

    Joint Stock Company Kaspi.kz (KSPI)

    Official site

    TECHNOLOGY • SOFTWARE - INFRASTRUCTURE • NASDAQ

    $94.84
    -0.07 (-0.07%)

    Market Cap: $18.04B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    43%(6/14)
    Avg Surprise
    -8.55%
    Streak
    2 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1420.40
    Range$1420.40 - $1420.40
    1 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$1423.25-0.2%
    60d ago$1460.95-2.8%
    30d ago$1420.400.0%
    7d ago$1420.400.0%
    Current$1420.40
    Revenue Consensus
    $1.2T
    Range$1.2T - $1.3T
    3 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1902.60
    Range$1647.01 - $2247.15
    3 analysts
    Revenue Consensus
    $1.3T
    Range$1.2T - $1.5T
    3 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1902.60---
    Sep 26EST
    		-$1420.40---
    Jun 26
    Reported Aug 10
    		$2.83$2.78+1.80%Beat-99.8%
    Mar 26
    Reported May 11
    		$1335.65$1226.71+8.88%Beat+1.1%
    Dec 25
    Reported Mar 2
    		$1470.00$1609.42-8.66%Miss-9.5%
    Sep 25
    Reported Nov 10
    		$1458.00$1571.18-7.20%Miss+3.5%
    Jun 25
    Reported Aug 6
    		$1367.00$1434.66-4.72%Miss+9.7%
    Mar 25
    Reported May 12
    		$1321.00$1389.05-4.90%Miss+14.8%
    Dec 24
    Reported Feb 25
    		$1625.00$1705.85-4.74%Miss+59779.1%
    Sep 24
    Reported Oct 18
    		$1409.00$1395.89+0.94%Beat+65.4%
    Jun 24
    Reported Jul 22
    		$1246.00$1331.52-6.42%Miss+24.0%
    Mar 24
    Reported Apr 25
    		$1151.00$1129.38+1.91%Beat+27.5%
    Dec 23
    Reported Feb 26
    		$2.71N/A-99.79%Miss-99.8%
    Sep 23
    Reported Oct 23
    		$852.00$926.68-8.06%Miss-13.1%
    Jun 23
    Reported Jul 24
    		$1005.00$921.20+9.10%Beat+20.6%
    Mar 23
    Reported Jun 29
    		$903.00$883.62+2.19%Beat+45.2%
    Dec 22
    Reported Mar 30
    		$1120.00N/AN/ABeat+26.4%
    Sep 22
    Reported Oct 24
    		$980.00N/AN/ABeat+20.5%
    Jun 22
    Reported Jul 25
    		$833.00N/AN/ABeat+30.2%
    Mar 22
    Reported Apr 25
    		$622.00N/AN/ABeat+25.4%
    Dec 21
    Reported Feb 28
    		$886.00N/AN/ABeat+75.8%
    Sep 21
    Reported Oct 25
    		$813.00N/AN/ABeat-
    Jun 21
    Reported Jul 26
    		$640.00N/AN/ABeat-
    Mar 21
    Reported Apr 26
    		$496.00N/AN/ABeat-
    Dec 20
    Reported Mar 1
    		$504.00N/AN/ABeat-

    Dividends

    Dividend Metrics

    Forward Yield9.17%
    Forward Annual Dividend$8.70
    Payout Ratio68.79%
    FrequencyQuarterly
    Pay MonthsApr, Jun, Sep
    KSPI dividend history and ex-dividend datesRun KSPI in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio0.02EV/EBITDA4.69x
    Price/FCF9.08xFCF Yield11.01%
    Profitability
    Profit Margin24.10%Operating Margin0.00%
    ROE44.80%ROIC36.61%
    Financial Health
    Debt/Equity0.26xInterest Coverage1.56x
    Current Ratio2.30xQuick Ratio2.22x
    Trading Statistics
    Beta0.18Avg Volume466.70K
    52-Week High$107.5852-Week Low$64.24

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$94.19
    SMA 20$94.61
    SMA 50$97.60
    SMA 200$82.40
    EMA 10$94.70
    EMA 20$95.20
    EMA 50$94.95
    EMA 200$86.24

    MACD

    Line: -0.71Signal: -0.95Hist: 0.23

    ADX

    ADX: 21.8+DI: 18.6-DI: 24.0

    Aroon & PSAR

    Aroon Up8.0
    Aroon Down60.0
    PSAR$91.46

    Bollinger Bands

    Upper Band$98.02
    Lower Band$91.21
    %B Position719%(Upper)
    Band Width0.53

    RSI (14-Day)

    Neutral
    48.0

    Momentum Oscillators

    Stoch %K66.1
    Stoch %D70.6
    Williams %R-40.0
    ROC (10d)3.1%
    Momentum2.82
    CCI (20d)-17.8
    MFI (14d)44.3

    Volatility Measures

    ATR (14d)$2.88(3.0%)
    StdDev (20d)1.70
    Hist Vol27.9%(Moderate)

    Volume Flow

    VWAP$94.14
    OBV-13.7M
    AD Line-627.0M
    CMF (20d)0.064

    Volume Metrics

    Avg Vol (20d)474.0K
    Vol Ratio0.9x
    VWMA (20d)$94.49

    Pivot Points

    R3$98.62
    R2$97.42
    R1$96.17
    Pivot Point$94.97
    S1$93.71
    S2$92.51
    S3$91.26

    Advanced Oscillators

    TSI-8.04
    Ultimate Osc61.7
    KST-52.94

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$1104.69B$1025.37B$1109.23B$1110.17B$969.51B$821.85B$724.46B$652.59B$592.85B$551.02B$552.81B$502.19B
    Cost of Revenue$339.39B$302.49B$289.32B$352.05B$287.15B$391.83B$264.38B$243.40B$79.70B$214.91B$214.91B$47.70B
    Gross Profit$765.30B$722.88B$819.91B$758.13B$682.37B$430.02B$460.08B$409.20B$513.15B$336.12B$337.91B$454.49B
    Operating Expenses$439.52B$417.06B$475.50B$124.10B$140.11B$122.57B$82.38B$73.05B$76.17B$68.81B$68.81B$34.91B
    R&D$63.70B$61.58B$56.74B$58.05B$50.89B$42.90B$29.34B$27.54B$26.24B$26.43B$26.43B$22.14B
    SG&A$56.50B$53.30B$71.97B$22.12B$16.38B$16.13B$10.44B$7.29B$7.57B$7.39B$7.39B$6.38B
    Operating Income$325.78B$305.82B$344.41B$634.03B$542.25B$307.45B$377.70B$336.15B$436.99B$267.31B$267.31B$419.58B
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$283.68B$254.25B$252.73B$246.11B$218.29B$0$0$2.84B$147.09B$0$0$140.01B
    Income Before Tax$325.78B$305.82B$344.41B$346.51B$321.96B$307.45B$383.59B$333.31B$296.29B$269.10B$269.10B$279.56B
    Income Tax Expense$68.63B$66.79B$76.44B$68.47B$63.33B$53.40B$67.19B$58.94B$53.67B$45.66B$45.66B$47.07B
    Net Income$257.15B$239.02B$267.97B$278.05B$257.33B$252.06B$311.90B$269.69B$238.55B$223.44B$219.60B$231.16B
    EBITDA$325.78B$560.07B$597.14B$369.97B$543.23B$309.79B$383.59B$333.31B$444.31B$269.10B$269.10B$404.41B
    EBIT$613.58B$297.50B$352.95B$346.51B$540.24B$307.45B$377.70B$336.15B$443.37B$269.10B$269.10B$397.27B
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about KSPI

    News

    Kaspi.kz JSC (KSPI) Position Valued at 7x P/E Amid Financial Model and Country Risks

    Jenga Investment Partners, an investment management firm, highlighted its position in Kaspi.kz JSC (KSPI) in its Q3 2026 investor letter. Kaspi.kz is valued at 7x trailing and forward P/E...

    Yahoo Finance•10/15/26•Somewhat-Bearish

    KSPI Stock Price, Quote & News

    This article provides detailed stock information for Joint Stock Company Kaspi.kz American Depository Shares (KSPI), including its current trading price, market capitalization, P/E ratio, 52-week range...

    Syfe•10/15/26•Neutral

    Kaspi.kz Joint Stock Company Sponsored ADR RegS Trade Ideas — HAN:KKS

    This article compiles several trade ideas for Kaspi.kz Joint Stock Company Sponsored ADR RegS (HAN:KKS), highlighting its strong fundamentals and growth potential. Traders suggest long positions based on its "Super App"...

    TradingView•10/13/26•Bullish

    Kaspi.kz to Announce Third Quarter & 9-Month 2026 Financial Results on 9 November

    Kaspi.kz (KSPI US) will report its financial results for the third quarter and nine months ending September 30, 2026, on Monday, November 9...

    GlobeNewswire•10/13/26•Neutral

    Kaspi.kz to Announce Third Quarter & 9-Month 2026 Financial Results on 9 November

    Kaspi.kz (KSPI US) is set to announce its financial results for the third quarter and nine months ending September 30, 2026, on Monday, November 9...

    Yahoo Finance•10/13/26•Neutral

    KSPI Valuation and Fair Value

    P/E
    0.0x
    EV/EBITDA
    4.7x
    P/FCF
    9.1x
    P/B
    3.3x
    See GNG's fair value

    KSPI Profitability: Margins, ROIC and FCF

    Gross margin
    70.5%
    Operating margin
    0.0%
    Net margin
    24.1%
    ROIC
    36.6%
    ROE
    44.8%
    FCF margin
    10994.4%
    FCF yield
    11.0%

    KSPI Competitors

    CompanyTicker
    Skyworks Solutions IncSWKS
    Toast IncTOST
    Unity Software IncU
    Zebra Technologies CorporationZBRA
    Fidelity National Information Services IncFIS
    Wipro Limited ADRWIT
    Ast Spacemobile IncASTS
    Fortive CorpFTV

    Sector: Technology

    KSPI Analyst Ratings

    Consensus
    Buy
    Analysts
    7
    Strong Buy
    0
    Buy
    4
    Hold
    3
    Sell
    0
    Strong Sell
    0

    KSPI Bull Case vs Bear Case

    Bull case

    • KSPI earns a 36.6% return on invested capital.
    • KSPI converts 10994.4% of revenue into free cash flow.
    • KSPI has a 24.1% net profit margin.

    Bear case

    • KSPI beat EPS estimates in 37.5% of its last 8 reported quarters.

    KSPI Earnings: Beat Rate and Next Report

    Beat rate
    3 of 8 quarters (37.5%)
    Average surprise
    -2.3%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1420.40
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 1 down

    KSPI Dividend

    Forward yield
    9.2%
    Payout ratio
    68.8%
    Pay months
    Apr, Jun, Sep
    KSPI dividend history

    Frequently Asked Questions About KSPI

    What is KSPI's current dividend yield?

    Joint Stock Company Kaspi.kz (KSPI) has a forward dividend yield of 9.17%.

    Does KSPI pay dividends?

    Yes, Joint Stock Company Kaspi.kz pays dividends with a forward dividend yield of 9.17%.

    What is KSPI's P/E ratio?

    Joint Stock Company Kaspi.kz has a price-to-earnings (P/E) ratio of 0.02.

    What is KSPI's market cap?

    Joint Stock Company Kaspi.kz (KSPI) has a market capitalization of $18.04B with a current stock price of $94.84.

    Related stocks

    Sector: Technology

    All stocks starting with K

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In