KAP.L vs. BE

Last updated Apr 1, 2026

Compare and contrast key facts about National Atomic Co Kazatomprom JSC ADR (KAP.L) and Bloom Energy Corporation (BE).

Performance

KAP.L vs. BE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in National Atomic Co Kazatomprom JSC ADR (KAP.L) and Bloom Energy Corporation (BE). The values are adjusted to include any dividend payments, if applicable.

KAP.L vs. BE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
KAP.L National Atomic Co Kazatomprom JSC ADR	39.78%	55.89%	-1.79%	55.11%	-17.73%	114.56%	48.52%	1.24%	13.43%
BE Bloom Energy Corporation	55.93%	291.22%	50.07%	-22.59%	-12.81%	-23.48%	283.67%	-25.15%	-46.08%

Fundamentals

Market Cap KAP.L : $20.23B BE : $35.72B
EPS KAP.L : $2.66K BE : -$0.36
PS Ratio KAP.L : 0.01 BE : 16.31
PB Ratio KAP.L : 0.01 BE : 46.47
Total Revenue (TTM) KAP.L : $1.88T BE : $2.02B
Gross Profit (TTM) KAP.L : $988.54B BE : $625.18M
EBITDA (TTM) KAP.L : $1.11T BE : $20.05M

Returns By Period

In the year-to-date period, KAP.L achieves a 39.78% return, which is significantly lower than BE's 55.93% return.

KAP.L

• 1D: -1.64%
• 1M: -4.88%
• YTD: 39.78%
• 6M: 46.34%
• 1Y: 151.95%
• 3Y*: 46.84%
• 5Y*: 32.78%
• 10Y*: —

BE

• 1D: 13.37%
• 1M: -12.96%
• YTD: 55.93%
• 6M: 60.21%
• 1Y: 589.17%
• 3Y*: 89.44%
• 5Y*: 38.75%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

KAP.L vs. BE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KAP.L

KAP.L Risk / Return Rank: 96
KAP.L Sharpe Ratio Rank: 97
KAP.L Sortino Ratio Rank: 96
KAP.L Omega Ratio Rank: 94
KAP.L Calmar Ratio Rank: 98
KAP.L Martin Ratio Rank: 98

BE

BE Risk / Return Rank: 98
BE Sharpe Ratio Rank: 100
BE Sortino Ratio Rank: 97
BE Omega Ratio Rank: 95
BE Calmar Ratio Rank: 99
BE Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KAP.L vs. BE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for National Atomic Co Kazatomprom JSC ADR (KAP.L) and Bloom Energy Corporation (BE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	KAP.L	BE	Difference
Sharpe ratio Return per unit of total volatility	3.25	5.88	-2.63
Sortino ratio Return per unit of downside risk	3.63	3.94	-0.31
Omega ratio Gain probability vs. loss probability	1.46	1.50	-0.04
Calmar ratio Return relative to maximum drawdown	8.18	12.33	-4.15
Martin ratio Return relative to average drawdown	24.32	36.85	-12.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KAP.L vs. BE - Sharpe Ratio Comparison

The current KAP.L Sharpe Ratio is 3.25, which is lower than the BE Sharpe Ratio of 5.88. The chart below compares the historical Sharpe Ratios of KAP.L and BE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	KAP.L	BE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.25	5.88	-2.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.46	+0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	0.26	+0.59

Correlation

The correlation between KAP.L and BE is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

KAP.L vs. BE - Dividend Comparison

KAP.L's dividend yield for the trailing twelve months is around 2.94%, while BE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
KAP.L National Atomic Co Kazatomprom JSC ADR	2.94%	4.11%	6.85%	4.25%	6.44%	3.69%	5.14%	6.23%
BE Bloom Energy Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

KAP.L vs. BE - Drawdown Comparison

The maximum KAP.L drawdown since its inception was -49.67%, smaller than the maximum BE drawdown of -92.54%. Use the drawdown chart below to compare losses from any high point for KAP.L and BE.

Drawdown Indicators

	KAP.L	BE	Difference
Max Drawdown Largest peak-to-trough decline	-49.67%	-92.54%	+42.87%
Max Drawdown (1Y) Largest decline over 1 year	-17.34%	-45.94%	+28.60%
Max Drawdown (5Y) Largest decline over 5 years	-49.67%	-75.87%	+26.20%
Current Drawdown Current decline from peak	-9.30%	-22.48%	+13.18%
Average Drawdown Average peak-to-trough decline	-15.07%	-53.11%	+38.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.84%	15.37%	-9.53%

Volatility

KAP.L vs. BE - Volatility Comparison

The current volatility for National Atomic Co Kazatomprom JSC ADR (KAP.L) is 15.65%, while Bloom Energy Corporation (BE) has a volatility of 35.20%. This indicates that KAP.L experiences smaller price fluctuations and is considered to be less risky than BE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KAP.L	BE	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.65%	35.20%	-19.55%
Volatility (6M) Calculated over the trailing 6-month period	38.70%	81.36%	-42.66%
Volatility (1Y) Calculated over the trailing 1-year period	46.55%	101.15%	-54.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.17%	84.20%	-37.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.92%	94.48%	-51.56%

Financials

KAP.L vs. BE - Profitability Comparison

The chart below illustrates the profitability comparison between National Atomic Co Kazatomprom JSC ADR and Bloom Energy Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

KAP.L - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, National Atomic Co Kazatomprom JSC ADR reported a gross profit of 266.34B and revenue of 543.13B. Therefore, the gross margin over that period was 49.0%.

BE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Bloom Energy Corporation reported a gross profit of 239.90M and revenue of 777.68M. Therefore, the gross margin over that period was 30.9%.

KAP.L - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, National Atomic Co Kazatomprom JSC ADR reported an operating income of 247.70B and revenue of 543.13B, resulting in an operating margin of 45.6%.

BE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Bloom Energy Corporation reported an operating income of 87.53M and revenue of 777.68M, resulting in an operating margin of 11.3%.

KAP.L - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, National Atomic Co Kazatomprom JSC ADR reported a net income of 219.63B and revenue of 543.13B, resulting in a net margin of 40.4%.

BE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Bloom Energy Corporation reported a net income of 1.09M and revenue of 777.68M, resulting in a net margin of 0.1%.