Kaspi.kz AO

Kaspi.kz AO (KSPI) Stock Analysis

$93.180

-1.631 (-1.75%)At close

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High
95.920
Open
95.140
VWAP
93.91
Volume
295.08K
Mkt Cap
—
Low
92.630
Amount
27.71M
EV/EBITDA, TTM
0.00

Kaspi.kz AO is a Kazakhstan-based financial technology company, which provide a range of services such as online payments, e-commerce, and digital banking. The Company operates in three segments: payments, marketplace and fintech. In payments segment the Company operates Payments Platform through which consumers can pay for shopping transactions, household bills and make peer-to-peer transactions. It also allows merchants to accept payments, issue and settle invoices, pay suppliers and monitor turnover. In marketplace segment the Company operates Marketplace Platform which offers m-Commerce, e-Commerce, and Kaspi Travel. In fintech segment the Company operates Fintech Platform which offers Buy Now, Pay Later (BNPL) services, finance and deposit products. The Company operates mobile application Super App.

ir.kaspi.kz

AI analysis of Kaspi.kz AO (KSPI)

Buy

Kaspi.kz (KSPI) appears to be a good buy right now due to its strong fundamentals and positive market sentiment. The stock is currently priced at $93.18, which is below the average analyst price target of $107.50, indicating potential upside. Additionally, the company reported a 15% year-over-year revenue growth in Q2 2026, showcasing its strong performance in the e-commerce and fintech sectors. However, the RSI is at 39.694, suggesting the stock is nearing oversold conditions, which could lead to a rebound. The main risk is the recent 20-day change of -4.46%, indicating some volatility in the short term.

Valuation Metrics

The current forward P/E ratio for Kaspi.kz AO (KSPI) is 0.00, compared to its 5-year average forward P/E of 6.83.

Forward P/E

Strongly Undervalued
5Y Average P/E
6.83
Current P/E
0.00
Overvalued
9.71
Undervalued
3.95

Forward EV/EBITDA

Undervalued
5Y Average EV/EBITDA
4.02
Current EV/EBITDA
0.00
Overvalued
6.05
Undervalued
1.99

Forward P/S

Undervalued
5Y Average P/S
2.40
Current P/S
0.00
Overvalued
4.15
Undervalued
0.65

Alphio AI Price Scenarios for KSPI

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%KSPI

$148.60

Scenario price

B

Base

Base · 50%KSPI

$125.93

Scenario price

B

Bear

Bear · 25%KSPI

$117.82

Scenario price

Whales holding KSPI

F

Fairtree Asset Management (Pty) Ltd

+ HoldingKSPI

+21.87%

3M Return

I

Itaú Unibanco Holding S.A.

+ HoldingKSPI

+10.44%

3M Return

S

Southpoint Capital Advisors LP

+ HoldingKSPI

+3.71%

3M Return

C

Coronation Fund Managers Limited

+ HoldingKSPI

+1.69%

3M Return

A

azValor Asset Management SGIIC, S.A.U.

+ HoldingKSPI

-1.19%

3M Return

H

Hamblin Watsa Investment Counsel Ltd.

+ HoldingKSPI

-4.50%

3M Return

Events Timeline

2026-06-24 (ET)

07:30:00

Kaspi.kz Receives Regulatory Approval to Acquire Rabobank

2026-03-02 (ET)

07:11:00

Kaspi.kz Plans to Distribute KZT 850 Quarterly Dividend per ADS

2025-11-28 (ET)

07:42:12

Kaspi.kz Anticipates Completing Rabobank A.S. Acquisition by Mid-2026

2025-11-10 (ET)

07:24:28

Kaspi.kz Announces 20% Year-Over-Year Revenue Growth for Q3 2025

2025-08-04 (ET)

07:09:11

Kaspi.kz sees FY25 net income growth around 15% year-over-year

News

KSPI FAQ — answered by Alphio AI

Kaspi.kz AO is a Kazakhstan-based financial technology company, which provide a range of services such as online payments, e-commerce, and digital banking. The Company operates in three segments: payments, marketplace and fintech. In payments segment the Company operates Payments Platform through which consumers can pay for shopping transactions, household bills and make peer-to-peer transactions. It also allows merchants to accept payments, issue and settle invoices, pay suppliers and monitor turnover. In marketplace segment the Company operates Marketplace Platform which offers m-Commerce, e-Commerce, and Kaspi Travel. In fintech segment the Company operates Fintech Platform which offers Buy Now, Pay Later (BNPL) services, finance and deposit products. The Company operates mobile application Super App. It operates in the Technology sector.

Kaspi.kz (KSPI) appears to be a good buy right now due to its strong fundamentals and positive market sentiment. The stock is currently priced at $93.18, which is below the average analyst price target of $107.50, indicating potential upside. Additionally, the company reported a 15% year-over-year revenue growth in Q2 2026, showcasing its strong performance in the e-commerce and fintech sectors. However, the RSI is at 39.694, suggesting the stock is nearing oversold conditions, which could lead to a rebound. The main risk is the recent 20-day change of -4.46%, indicating some volatility in the short term.

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This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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