Kaspi.kz AO

Kaspi.kz AO (KSPI) Stock Analysis

$91.740

+1.229 (+1.34%)At close

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High
93.000
Open
89.570
VWAP
91.41
Volume
773.08K
Mkt Cap
—
Low
89.500
Amount
70.67M
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 is a good buy right now due to its strong revenue growth of 15% year-over-year in Q2 2026 and a current price of $91.74, which is significantly below the analyst price target of $115. The company's forward P/E ratio is extremely low at 0, indicating potential undervaluation. However, the RSI is at 39.525, suggesting it is nearing oversold territory, which could present a buying opportunity. The main risk is the recent 5-day change of -1.55%, indicating short-term volatility.

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
2.39
Current P/S
0.00
Overvalued
4.14
Undervalued
0.63

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

I

Itaú Unibanco Holding S.A.

+ HoldingKSPI

+10.68%

3M Return

F

Fairtree Asset Management (Pty) Ltd

+ HoldingKSPI

+3.72%

3M Return

S

Southpoint Capital Advisors LP

+ HoldingKSPI

+3.51%

3M Return

C

Coronation Fund Managers Limited

+ HoldingKSPI

+2.06%

3M Return

A

azValor Asset Management SGIIC, S.A.U.

+ HoldingKSPI

-0.62%

3M Return

B

BIT Capital GmbH

+ HoldingKSPI

-3.90%

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 is a good buy right now due to its strong revenue growth of 15% year-over-year in Q2 2026 and a current price of $91.74, which is significantly below the analyst price target of $115. The company's forward P/E ratio is extremely low at 0, indicating potential undervaluation. However, the RSI is at 39.525, suggesting it is nearing oversold territory, which could present a buying opportunity. The main risk is the recent 5-day change of -1.55%, indicating short-term volatility.

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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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