- ISIN
- US48581R2058
- Sector
- Technology
- Industry
- Software - Infrastructure
- IPO Date
- Jan 19, 2024
Highlights
- Market Cap
- $15.87B
- Enterprise Value
- $15.90B
- EPS (TTM)
- KZT 5.47K
- PE Ratio
- 7.44
- PEG Ratio
- 0.29
- Total Revenue (TTM)
- KZT 4.21T
- Gross Profit (TTM)
- KZT 2.98T
- EBITDA (TTM)
- KZT 1.56T
- Year Range
- $68.59 - $99.20
- Target Price
- $95.00
- ROA (TTM)
- 9.51%
- ROE (TTM)
- 39.30%
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
KSPI Performance Chart
Joint Stock Company Kaspi.kz (KSPI) is up 14.2% since the beginning of the year. At $84 per share, KSPI is trading 15.8% below its 52-week high of $99.
Loading charts...
Returns By Period
Joint Stock Company Kaspi.kz (KSPI) has returned 14.20% so far this year and 11.93% over the past 12 months.
Joint Stock Company Kaspi.kz
- 1D
- -1.54%
- 1M
- -4.61%
- YTD
- 14.20%
- 6M
- 13.87%
- 1Y
- 11.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
KSPI Monthly Returns History
Based on dividend-adjusted daily data since Jan 19, 2024, KSPI's average daily return is +0.04%, while the average monthly return is +0.67%. At this rate, an investment would double in approximately 8.7 years.
Historically, 53% of months were positive and 47% were negative. The best month was Mar 2024 with a return of +23.7%, while the worst month was Sep 2024 at -19.1%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 3 months.
On a daily basis, KSPI closed higher 49% of trading days. The best single day was Aug 4, 2025 with a return of +13.8%, while the worst single day was Sep 19, 2024 at -16.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.51% | -7.33% | 4.93% | 18.43% | 5.31% | -3.41% | 14.20% | ||||||
| 2025 | 0.41% | 10.14% | -11.35% | -5.34% | -9.24% | 6.43% | -7.06% | 19.09% | -13.07% | -8.44% | 3.37% | 1.06% | -17.51% |
| 2024 | -1.14% | 13.71% | 23.70% | -5.40% | 9.11% | 2.06% | 0.87% | 2.04% | -19.05% | 3.92% | -0.27% | -10.99% | 12.61% |
Benchmark Metrics
Joint Stock Company Kaspi.kz has an annualized alpha of -7.99%, beta of 0.96, and R2 of 0.15 versus S&P 500 Index. Calculated based on daily prices since January 19, 2024.
- This stock participated in 105.19% of S&P 500 Index downside but only 42.42% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.15 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -7.99%
- Beta
- 0.96
- R²
- 0.15
- Upside Capture
- 42.42%
- Downside Capture
- 105.19%
Return for Risk
Risk / Return Rank
KSPI ranks 51 for risk / return — on par with similar stocks. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Joint Stock Company Kaspi.kz (KSPI) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KSPI | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.46 | ||
| Sortino ratioReturn per unit of downside risk | -1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.32 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.41 | 2.46 | -2.05 |
| Martin ratioReturn relative to average drawdown | 0.68 | 10.92 | -10.24 |
Dividends
Dividend History
Joint Stock Company Kaspi.kz provided a 6.35% dividend yield over the last twelve months, with an annual payout of $5.30 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $5.30 | $0.00 | $10.95 |
Dividend yield | 6.35% | 0.00% | 11.56% |
Monthly Dividends
The table displays the monthly dividend distributions for Joint Stock Company Kaspi.kz. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $1.76 | $0.00 | $3.54 | $5.30 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $3.78 | $1.92 | $0.00 | $0.00 | $1.77 | $0.00 | $0.00 | $3.47 | $0.00 | $10.95 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Joint Stock Company Kaspi.kz. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Joint Stock Company Kaspi.kz was 48.05%, occurring on Mar 13, 2026. The portfolio has not yet recovered.
The current Joint Stock Company Kaspi.kz drawdown is 32.66%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 bear market2026 | -48.05%Mar 2026 | 1y 7mo | — | 1y 11moJul 2024 - now |
2024 correction2024 | -14.94%Apr 2024 | 11d | 1mo 28d | 2mo 9dApr 2024 - Jun 2024 |
2024 pullback2024 | -9.33%Feb 2024 | 21d | 8d | 29dJan 2024 - Feb 2024 |
2024 pullback2024 | -5.86%Jul 2024 | 12d | 7d | 19dJun 2024 - Jul 2024 |
2024 pullback2024 | -3.63%Mar 2024 | 4d | 1d | 5dMar 2024 - Mar 2024 |
Drawdown Indicators
| KSPI | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.05% | -56.78% | +8.73% |
Max Drawdown (1Y)Largest decline over 1 year | -29.55% | -9.10% | -20.45% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -32.66% | -3.21% | -29.45% |
Average DrawdownAverage peak-to-trough decline | -25.90% | -10.71% | -15.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.67% | 2.04% | +15.63% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Financials
Financial Performance
The chart below illustrates the trends in the financial health of Joint Stock Company Kaspi.kz over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Joint Stock Company Kaspi.kz is priced in the market compared to other companies in the Software - Infrastructure industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for KSPI, comparing it with other companies in the Software - Infrastructure industry. Currently, KSPI has a P/E ratio of 7.4. This P/E ratio is considered low compared to industry peers, which may suggest that the stock is undervalued or that the company has weaker growth prospects.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for KSPI compared to other companies in the Software - Infrastructure industry. KSPI currently has a PEG ratio of 0.3. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for KSPI relative to other companies in the Software - Infrastructure industry. Currently, KSPI has a P/S ratio of 1.8. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for KSPI in comparison with other companies in the Software - Infrastructure industry. Currently, KSPI has a P/B value of 2.9. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
Build a portfolio with KSPI
Add Joint Stock Company Kaspi.kz to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with KSPI