Joint Stock Company Kaspi.kz

Fundamentals8.7
Price Action7.2
News Sentiment7.4
AI Rating
7.8

Key Drivers

  • High ROE
  • Strong Margins
  • Elevated Leverage

AI
AI Summary

7.8

KSPI is no longer just a clean high-quality Kazakh compounder; the investment now hinges on whether it can execute the Rabobank Türkiye expansion without eroding already-strong returns, because success could unlock a much larger platform while failure would likely trigger a re-rating given leverage, regulatory risk, and softer cash-generation momentum.

Growth
ExecutionRisk
GlobalExpansion‍

Price Chart

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Financial Metrics

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Revenue (TTM)
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Net Income (TTM)
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EPS (Q)
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MCAP

Deep Analysis

Research tool. Not personalized advice.

Fundamental Analysis

8.7

Key Financial Insights:

  • High ROE
  • Strong Margins
  • Elevated Leverage

KSPI remains a highly profitable, cash-generative bank with exceptional margins and a low valuation, but elevated leverage and softer recent momentum keep risk meaningful.

Profitability
LeverageRisk

Price Behavior

7.2
Research tool. Not personalized advice. Technical analysis is for informational purposes only.

Key Price Behavior Insights:

  • Uptrend intact
  • Shallow dip-buying
  • Near resistance

KSPI surged from $76.45 to $89.82 in the last month, preserving a bullish uptrend but now stretched near resistance and vulnerable to a short-term pullback.

bullish
watch
Support Level: $86.6–$86.8
Resistance Level: $89.82

Sharp rebound from $76.45 on 2026-06-09 to recent highs suggests strong momentum with near-term consolidation risk

Sentiment & News

7.4

Key News Insights:

  • Share-price weakness
  • Analyst support
  • Türkiye expansion

Kaspi.kz remains under near-term share-price pressure despite analyst support, while Turkish regulatory approval for the Rabobank A.Ş. acquisition adds a meaningful strategic growth catalyst. #Türkiye​

KSPI

The approved Türkiye acquisition could improve Kaspi.kz's strategic outlook, but sentiment may stay mixed until closing and operational details are clearer