KAKZF Stock Financial Analysis - Joint Stock Company Kaspi.kz - Depositary Receipt (Common Stock) (OTCPK) Stock

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for Joint Stock Company Kaspi.kz - Depositary Receipt (Common Stock) as of June 30, 2025 is 3,181,479.00 MM.
The operating income for Joint Stock Company Kaspi.kz - Depositary Receipt (Common Stock) as of June 30, 2025 is 2,083,221.00 MM.
The net income for Joint Stock Company Kaspi.kz - Depositary Receipt (Common Stock) as of June 30, 2025 is 1,090,972.00 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-06-30	3,181,479.00	2,083,221.00	1,090,972.00
2025-03-31	2,803,513.00	1,976,648.00	1,072,196.00
2024-12-31	2,544,139.00	1,910,388.00	1,039,739.00
2024-09-30	2,370,679.00	1,783,019.00	972,121.00
2024-06-30	2,223,509.00	1,688,437.00	933,584.00
2024-03-31	2,061,394.00	1,590,134.00	887,847.00
2023-12-31	1,902,598.00	1,489,122.00	841,351.00
2023-09-30	1,722,373.00	1,371,686.00	784,217.00
2023-06-30	1,559,341.00	1,252,774.00	718,304.00
2023-03-31	1,408,004.00	1,133,701.00	656,187.00
2022-12-31	1,269,215.00	998,563.00	585,026.00
2022-09-30	1,151,798.00	896,635.00	534,245.00
2022-06-30	1,053,118.00	812,817.00	492,831.00
2022-03-31	970,264.00	748,057.00	459,765.00
2021-12-31	885,478.00	700,949.00	431,914.00
2021-09-30	753,756.00	620,050.00	373,819.00
2021-06-30	675,046.00	544,050.00	318,186.00
2021-03-31	611,752.00	479,845.00	272,705.00
2020-12-31	602,869.00	456,826.00	260,964.00
2020-09-30	611,615.00	428,509.00	244,432.00

Income Statement: EPS

The earnings per share basic for Joint Stock Company Kaspi.kz - Depositary Receipt (Common Stock) as of June 30, 2025 is 5,735.62.
The earnings per share diluted for Joint Stock Company Kaspi.kz - Depositary Receipt (Common Stock) as of June 30, 2025 is 5,697.42.

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-06-30	5,735.62	5,697.42
2025-03-31	5,642.66	5,600.35
2024-12-31	5,477.15	5,431.00
2024-09-30	5,124.37	5,069.42
2024-06-30	4,922.57	4,868.24
2024-03-31	4,680.80	4,628.50
2023-12-31	4,431.43	4,381.00
2023-09-30	4,123.94	4,075.86
2023-06-30	3,765.78	3,721.41
2023-03-31	3,433.97	3,393.22
2022-12-31	3,051.38	3,016.00
2022-09-30	2,781.19	2,755.04
2022-06-30	2,565.45	2,536.72
2022-03-31	2,391.12	2,364.82
2021-12-31	2,247.36	2,222.00
2021-09-30	1,933.25	1,898.69
2021-06-30	1,657.20	1,633.82
2021-03-31	1,421.17	1,403.77
2020-12-31	1,360.57	1,347.00
2020-09-30	1,283.45	1,283.74

Cash Flow: Operations, Investing, Financing

The cash from operating activities for Joint Stock Company Kaspi.kz - Depositary Receipt (Common Stock) as of June 30, 2025 is 807,082.00 MM.
The cash from investing activities for Joint Stock Company Kaspi.kz - Depositary Receipt (Common Stock) as of June 30, 2025 is -279,550.00 MM.
The cash from financing activities for Joint Stock Company Kaspi.kz - Depositary Receipt (Common Stock) as of June 30, 2025 is -55,105.00 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-06-30	807,082.00	-279,550.00	-55,105.00
2025-03-31	636,082.00	-311,189.00	-328,903.00
2024-12-31	581,892.00	-108,364.00	-709,771.00
2024-09-30	731,611.00	-24,076.00	-723,494.00
2024-06-30	423,533.00	345,637.00	-713,309.00
2024-03-31	699,332.00	114,241.00	-663,146.00
2023-12-31	1,106,128.00	-218,360.00	-675,970.00
2023-09-30	1,085,339.00	-441,993.00	-635,487.00
2023-06-30	1,365,156.00	-734,657.00	-598,724.00
2023-03-31	1,215,543.00	-785,334.00	-343,034.00
2022-12-31	1,020,984.00	-487,161.00	-275,911.00
2022-09-30	573,613.00	-92,093.00	-224,568.00
2022-06-30	315,198.00	168,403.00	-199,060.00
2022-03-31	46,854.00	306,492.00	-252,918.00
2021-12-31	70,351.00	289,748.00	-352,580.00
2021-09-30	210,408.00	17,301.00	-258,966.00
2021-06-30	476,310.00	-296,003.00	-348,508.00
2021-03-31	688,044.00	-381,931.00	-277,477.00
2020-12-31	617,729.00	-364,711.00	-177,493.00
2020-09-30	561,476.00	-361,440.00	-215,145.00

Valuation Metrics : PE, PriceToBook, PriceToTBV

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30

Management Effectiveness

The roa for Joint Stock Company Kaspi.kz - Depositary Receipt (Common Stock) as of June 30, 2025 is 0.15.
The roe for Joint Stock Company Kaspi.kz - Depositary Receipt (Common Stock) as of June 30, 2025 is 0.88.
The roic for Joint Stock Company Kaspi.kz - Depositary Receipt (Common Stock) as of June 30, 2025 is 0.41.
The croic for Joint Stock Company Kaspi.kz - Depositary Receipt (Common Stock) as of June 30, 2025 is 0.18.
The ocroic for Joint Stock Company Kaspi.kz - Depositary Receipt (Common Stock) as of June 30, 2025 is 0.31.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-06-30	0.15	0.88	0.41	0.18	0.31
2025-03-31	0.15	0.79	0.45	0.01	0.27
2024-12-31	0.15	0.96	0.58	-0.11	0.32
2024-09-30	0.16	0.97	0.64	-0.01	0.48
2024-06-30	0.17	0.94	0.68	0.11	0.51
2024-03-31	0.17	1.03	0.67	0.16	0.87
2023-12-31			0.78	0.01
2023-09-30			0.78	0.02
2023-06-30	0.00	1.02	0.78	0.02
2023-03-31			0.66	0.08
2022-12-31
2022-09-30
2022-06-30		1.20	0.69
2022-03-31		0.00
2021-12-31		0.00
2021-09-30	0.00	0.00
2021-06-30	0.13		0.50	-0.25	0.75
2021-03-31	0.12	0.77	0.52	0.04	1.31
2020-12-31	0.12	0.88	0.43	0.15	1.01
2020-09-30	0.12	0.92	0.47	0.01	1.09

Gross Margins

The gross margin for Joint Stock Company Kaspi.kz - Depositary Receipt (Common Stock) as of June 30, 2025 is 0.79.
The net margin for Joint Stock Company Kaspi.kz - Depositary Receipt (Common Stock) as of June 30, 2025 is 0.34.
The operating margin for Joint Stock Company Kaspi.kz - Depositary Receipt (Common Stock) as of June 30, 2025 is 0.65.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-06-30	0.79	0.34	0.65
2025-03-31	0.83	0.38	0.71
2024-12-31	0.87	0.42	0.75
2024-09-30	0.87	0.42	0.75
2024-06-30	0.88	0.42	0.76
2024-03-31	0.90	0.44	0.78
2023-12-31
2023-09-30		0.46	0.74
2023-06-30		0.46	0.74
2023-03-31		0.47	0.80
2022-12-31
2022-09-30
2022-06-30		0.47	0.78
2022-03-31
2021-12-31
2021-09-30
2021-06-30	0.91	0.43	0.74
2021-03-31	0.91	0.41	0.72
2020-12-31	0.91	0.41	0.71
2020-09-30	0.90	0.40	0.70

US:KSPI	$88.62
KZ:KSPID
DE:KKS	€75.40