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. In the quarter to June 2026, revenue grew 20.7%, EPS grew 5.19%, free cash flow grew 73.4% and total debt fell 100.0%, each against the same quarter a year earlier. Revenue growth for three consecutive years.

93.18 1.66 −1.75%
Market cap
$18.0B
P/E
8.4×
Fwd P/E
6.4×
Dividend yield
—
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Joint Stock Company Kaspi.kz Sponsored ADR (KSPI) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, Joint Stock Company Kaspi.kz Sponsored ADR (KSPI) trades at a EV/Sales of 1.7×. Over the past ten years it has ranged from 0.0× (September 2024) to 4.2× (November 2024); the current reading is higher than 43% of that period. That is below the Software Infrastructure industry median of 2.9× and below the Technology sector median of 2.7×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 1.6× (47.80%)
FY2024 3.1× —
FY2023 0.0× —
FY2022 0.0× —

Quarterly newest first

Period EV/Sales Change
Jun 2026 1.6× 7.74%
Mar 2026 1.4× (11.96%)
Dec 2025 1.6× (17.06%)
Sep 2025 2.0× (10.37%)
7 more quarters

Against its own ten years

Low 0.0× High 4.2×
Ten-year median 1.8×
Current reading's percentile 43

EV/Sales against peers

Company EV/Sales
KSPI Joint Stock Company Kaspi.kz Sponsored ADR 1.7×
TOST Toast, Inc. compare 2.4×
GDDY GoDaddy Inc. compare 3.2×
GPN Global Payments Inc. compare 3.9×
AKAM Akamai Technologies, Inc. compare 3.9×
GEN Gen Digital Inc. compare 4.3×
CHKP Check Point Software Technologies Ltd. compare 5.0×
NTNX Nutanix compare 5.9×
RBRK Rubrik, Inc. compare 14.6×
Software Infrastructure industry median 2.9×
Technology sector median 2.7×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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