Joint Stock Company Kaspi.kz
KSPITechnologyNASDAQSoftware - Infrastructure
Scan Results
Daily timeframeJoint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in Kazakhstan, Azerbaijan, and Ukraine. The $20.43B market capitalization puts KSPI squarely in large-cap range for its industry. The company operates through three segments: Payments, Marketplace, and Fintech.
Market Cap
$20.43B
Beta
0.10
P/E (TTM)
9.05
P/E (Fwd)
0.02
EPS (TTM)
$11.88
EPS (Fwd)
$6803.44
ROE
44.8%
ROA
13.5%
Cash
—
Total Debt
—
Free CF
-$612.42B
52W Change
23.3%
Annual Financials
Cash vs Debt
Where KSPI stands vs its 150-day and 200-day moving averages
As of the September 3, 2026 close, KSPI finished 28.95% above its 150-day moving average ($82.83) and 32.45% above its 200-day moving average ($80.64). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is KSPI overbought or oversold?
At the September 3, 2026 close, KSPI's RSI(14) was 66.2, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
The company is burning cash, with free cash flow at -$612.42B. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at 44.8%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 13.5% further supports the picture of efficient asset utilization. Revenue has grown from $1.25T (2022) to $4.03T (2025), reflecting a 221% increase over the period.
The relatively low beta of 0.10 suggests KSPI is a less volatile holding compared to the broader index. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing KSPI.