XNASKSPI
Market cap18bUSD
Dec 20, Last price
98.70USD
1D
0.96%
1Q
1.65%
IPO
2.84%
Name
Kaspi.kz AO
Chart & Performance
P/E
11.70
P/S
5.21
EPS
4,427.79
Div Yield, %
2,986.64%
Shrs. gr., 5y
0.35%
Rev. gr., 5y
37.86%
Revenues
1.89t
+47.28%
Net income
841.35b
+43.81%
CFO
1.11t
+8.34%
Dividend
Aug 22, 20241.792 USD/sh
Earnings
Feb 24, 2025
Profile
Joint Stock Company Kaspi.kz, together with its subsidiaries, provides financial services primarily through the online mobile app in the Republic of Kazakhstan. The company operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment connects its customers comprising consumer and merchants to facilitate cashless and digital payment transactions. This segment also offers a technology platform to pay and receive payments for goods and services, as well as to transfer and withdraw money. The Marketplace Platform segment connects merchants and consumers enabling merchants to enhance its sales and enable consumers to buy a selection of products and services from various merchants. The Fintech Platform segment enables its consumers to manage its personal finances online and access consumer finance and deposit products primarily through the Kaspi.kz Super App. It is also involved in the e-commerce, banking, insurance, and asset management services; real estate business; and provision of online travel and payment processing services. The company was incorporated in 2008 and is based in Almaty, the Republic of Kazakhstan.
Valuation
Title KZT in thousands, except ratios and share amounts | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | |
| Income | |||||
Revenues | 1,890,290,000 47.28% | 1,283,440,000 44.23% | 889,872,000 37.43% | ||
Cost of revenue | 811,852,000 | 473,280,000 | 301,218,000 | ||
Unusual Expense (Income) | |||||
NOPBT | 1,078,438,000 | 810,160,000 | 588,654,000 | ||
NOPBT Margin | 57.05% | 63.12% | 66.15% | ||
Operating Taxes | 173,234,000 | 131,730,000 | 93,588,000 | ||
Tax Rate | 16.06% | 16.26% | 15.90% | ||
NOPAT | 905,204,000 | 678,430,000 | 495,066,000 | ||
Net income | 841,351,000 43.81% | 585,026,000 35.45% | 431,914,000 65.51% | ||
Dividends | (560,132,000) | (210,102,000) | (340,362,000) | ||
Dividend yield | |||||
Proceeds from repurchase of equity | (60,703,000) | (63,672,000) | |||
BB yield | |||||
| Debt | |||||
Debt current | 60,260,000 | 42,733,000 | 26,679,000 | ||
Long-term debt | 154,521,000 | 224,328,000 | 283,786,000 | ||
Deferred revenue | 7,375,000 | 4,996,000 | 7,605,000 | ||
Other long-term liabilities | 8,771,000 | 18,365,000 | 15,374,000 | ||
Net debt | (2,016,243,000) | (382,751,000) | (38,967,000) | ||
| Cash flow | |||||
Cash from operating activities | 1,106,128,000 | 1,020,984,000 | 70,351,000 | ||
CAPEX | (50,257,000) | (59,468,000) | (24,901,000) | ||
Cash from investing activities | (218,360,000) | (487,161,000) | 289,748,000 | ||
Cash from financing activities | (675,970,000) | (275,911,000) | (352,580,000) | ||
FCF | 879,012,000 | 632,852,000 | 484,294,000 | ||
| Balance | |||||
Cash | 2,197,596,000 | 1,691,602,000 | 948,563,000 | ||
Long term investments | 33,428,000 | (1,041,790,000) | (599,131,000) | ||
Excess cash | 2,136,509,500 | 585,640,000 | 304,938,400 | ||
Stockholders' equity | 1,219,898,000 | 899,168,000 | 515,561,000 | ||
Invested Capital | 121,617,000 | 513,994,000 | 517,655,600 | ||
ROIC | 284.83% | 131.52% | 115.30% | ||
ROCE | 80.20% | 73.46% | 71.34% | ||
| EV | |||||
Common stock shares outstanding | 192,062 | 193,991 | 194,381 | ||
Price | |||||
Market cap | |||||
EV | |||||
EBITDA | 1,078,438,000 | 810,160,000 | 588,654,000 | ||
EV/EBITDA | |||||
Interest | |||||
Interest/NOPBT | |||||