Added to YB: 2024-10-30
Pitch date: 2024-09-13
KSPI [bullish]
Joint Stock Company Kaspi.kz
-14.16%
current return
Author Info
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Company Info
Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan.
Market Cap
$9.8T
Pitch Price
$120.96
Price Target
210.00 (+102%)
Dividend
6.61%
Sector
Consumer Finance
Category
growth
Joint Stock Company Kaspi.kz - $KSPI
KSPI: Kaspi superapp dominates Kazakhstan's digital economy. 40%+ net margins, 35-45% revenue growth. 10x '24 PE, 8x '25. Strong mgmt (44% owned), uncorrelated bet. Expanding to new countries (100M user goal). Risks: gov't intervention, geopolitics. $210 PT (14x '25 EPS).
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