Kaspi.kz AO ADR (KSPI)

Kaspi.kz AO is a Kazakhstan-based financial technology group whose common stock is represented on NASDAQ through an ADR. Through its subsidiaries, the company provides payments, marketplace, and fintech solutions for consumers and merchants across Kazakhstan, Azerbaijan, and Ukraine. Its Payments segment supports merchant and consumer transactions, including online and in-store payment acceptance, bill payments, peer-to-peer transfers, invoice settlement, supplier payments, and turnover monitoring. The Marketplace Platform links online and offline merchants with customers through mobile commerce, e-commerce, and Kaspi Travel services. The Fintech Platform includes buy-now-pay-later, savings, financing, and merchant finance products. The group also has activities in banking, distressed asset management, real estate, payment processing, online travel, e-grocery, classifieds, and information storage and processing services. Kaspi.kz was incorporated in 2008 and is headquartered in Almaty, Kazakhstan.


Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NASDAQ-KSPI
$130.20
41.9% Upside
Undervalued
$105.29
14.8% Upside
Fair
Great
6.2%
November 9, 2026
7.4x
3.0x
1.8x
17.433 B
12.546 B
7.1%
55.0%
10.1
30.2%
89.1%
Valuation • Fair Value

Kaspi.kz AO ADR (NASDAQ-KSPI) Fair Value by Valuation Model

Review the available estimates for Kaspi.kz AO ADR (NASDAQ-KSPI), including DCF Fair Value, Ben Graham Formula Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$130.20

Estimated upside of 41.9% versus the current market price.

Fair Value Confidence

High

Confidence level for the primary fair value estimate.

DCF Fair Value

$149.39

Discounted cash flow valuation reference.

Ben Graham Formula Value

$138.48

Classic Ben Graham valuation formula reference.

Comps Fair Value

$123.80

Comparable-company valuation reference.

Analyst Price Target

$105.29

Analysts imply upside of 14.8%.

How to read these valuation models

Use the 6 available valuation references for Kaspi.kz AO ADR (NASDAQ-KSPI) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for Kaspi.kz AO ADR (NASDAQ-KSPI)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

9.244 B

Current operating scale indicator.

Revenue Forecast

10.368 B

Forward revenue estimate.

EBITDA

5.183 B

Current operating profitability reference.

EBITDA Forecast

3.622 B

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Kaspi.kz AO ADR (NASDAQ-KSPI) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Kaspi.kz AO ADR (NASDAQ-KSPI)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Great

Positive financial-health read.

Piotroski Score

7

Relatively strong quality score.

Beneish M-Score

-2.20

Intermediate zone that deserves monitoring.

Altman Z-Score

10.1

Relatively strong balance-sheet zone.

FCF / Net Income

89.1%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Kaspi.kz AO ADR (NASDAQ-KSPI). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Kaspi.kz AO ADR (NASDAQ-KSPI)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

November 9, 2026

Days to Earnings

16

Dividend Yield

6.2%

Current income yield reference.

Payout Ratio

30.2%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for Kaspi.kz AO ADR (NASDAQ-KSPI), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Kaspi.kz AO ADR (NASDAQ-KSPI) Stock Forecast & Technical Outlook

Review Kaspi.kz AO ADR (NASDAQ-KSPI) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Neutral

The 15-minute technical read for Kaspi.kz AO ADR (NASDAQ-KSPI) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Neutral

The 1-hour technical read for Kaspi.kz AO ADR (NASDAQ-KSPI) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Sell

The daily technical read for Kaspi.kz AO ADR (NASDAQ-KSPI) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Sell

The weekly technical read for Kaspi.kz AO ADR (NASDAQ-KSPI) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Buy

The monthly technical read for Kaspi.kz AO ADR (NASDAQ-KSPI) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Kaspi.kz AO ADR (NASDAQ-KSPI)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Buy

Based on the available recommendation mix, Kaspi.kz AO ADR (NASDAQ-KSPI) has a Buy consensus, with 4 buy, 3 hold and 0 sell recommendations in the current data set.

Buy 4
Hold 3
Sell 0
FAQ • Fast Investor Answers

Kaspi.kz AO ADR (NASDAQ-KSPI) Stock FAQ

Data-supported answers about Kaspi.kz AO ADR (NASDAQ-KSPI), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$130.20
Estimated upside 41.9%
Valuation Rating
Undervalued
Estimated upside of 41.9%
Analyst Target
$105.29
Implied upside 14.8%
Financial Health
Great
Current financial-health read

The current fair value estimate for Kaspi.kz AO ADR (NASDAQ-KSPI) is $130.20. This implies an estimated upside of 41.9% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 41.9% versus the current market price.

The available analyst price target for Kaspi.kz AO ADR (NASDAQ-KSPI) is $105.29. The analyst target implies estimated upside of 14.8%.

The current financial health read for Kaspi.kz AO ADR (NASDAQ-KSPI) is Great. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Kaspi.kz AO ADR (NASDAQ-KSPI) is November 9, 2026.

Based on the current data, dividend yield is 6.2%.

The current P/E ratio listed for Kaspi.kz AO ADR (NASDAQ-KSPI) is 7.4x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Kaspi.kz AO ADR is 17.433 B.

The current enterprise value listed for Kaspi.kz AO ADR is 12.546 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Kaspi.kz AO ADR is NASDAQ-KSPI, and the stock is listed on NASDAQ.

Kaspi.kz AO ADR (NASDAQ-KSPI) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for Kaspi.kz AO ADR is 7.1%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Kaspi.kz AO ADR is 55.0%. Free float helps investors understand how much of the share base is available for public trading.