Joint Stock Company Kaspi.kz Sponsored ADR

KSPI Technology Software Infrastructure

Joint Stock Company Kaspi.kz Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $7.7 billion, up 44.6% from fiscal 2024.

Revenue
+20.7%
EPS
+5.19%
Free cash flow
+73.4%
Total debt
−100.0%

Quarter to June 2026, against a year earlier

91.74 0.16 +0.17%
Market cap
$17.4B
P/E
8.5×
Fwd P/E
6.4×
Dividend yield
—
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Dec '25 Dec '24 Dec '23 Dec '22
Piotroski F-Score
6 7 — —
P/E ratio
7.38 8.29 9.75 9.75
P/S ratio
1.94 3.38 0.00 0.00
P/FCF ratio
15.96 17.59 0.00 0.00
P/Operating CF
17.03 29.90 13.10 0.00
P/B ratio
3.01 5.44 8.69 0.00
EV/Sales
1.64 3.14 0.00 0.00
EV/EBITDA
0.00 0.00 0.00 0.00
EV/FCF
13.50 16.33 0.00 0.00
Current Ratio
1.03 0.97 0.93 0.92
Net Debt/EBITDA
0.00 0.00 0.00 0.00
Debt/Equity
0.00 0.04 0.06 0.08
ROE
49.46% 76.21% 87.24% 0.00%
ROA
10.55% 13.40% 14.09% 0.00%
ROIC
59.74% 83.61% 214.34% 191.63%
Return on Tangible Assets
116.54% 1,116.82% (361.85%) (313.01%)
Average Days of Receivables
0.00 0.00 0.00 0.00
Earnings Yield
13.56% 12.06% 10.25% 10.25%
Free Cash Flow Yield
6.27% 5.68% 0.00% 0.00%
Free Cash Flow per Share
4.90 5.38 12.24 11.04
Book value per Share
25.94 17.40 12.78 9.47
Free Cash Flow
933.10 1,022.04 2,323.40 2,116.50
EV/EBIT
0.00 0.00 0.00 0.00
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Columns are period end dates · fundamentals updated 26 Oct 2026