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Added to YB: 2024-04-24

Pitch date: 2024-04-15

KSPI [bullish]

Joint Stock Company Kaspi.kz

-27.68%

current return

Author Info

No bio for this author

Company Info

Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in Kazakhstan, Azerbaijan, and Ukraine.

Market Cap

$7.4T

Pitch Price

$106.01

Price Target

N/A

Dividend

N/A

EV/EBITDA

3.27

P/E

6.79

EV/Sales

2.03

Sector

Consumer Finance

Category

growth

Show full summary:
Caro-Kann Capital Fund Portfolio Holding: Kaspi.kz

KSPI: Kazakhstan fintech leader with ~70% market share in payments & e-commerce. Acquired at 8-8.5x PE in 2022, now at 11x with strong growth runway ahead. Catalyst: upcoming US listing to expand investor base. CEO Lomtadze built biz and owns 23.5%.

Read full article (1 min)