Kaspi.kz 配当と自社株買い
配当金 基準チェック /36
Kaspi.kz配当を支払う会社であり、現在の利回りは7.88%で、収益によって十分にカバーされています。
主要情報
7.9%
配当利回り
0.6%
バイバック利回り
| 総株主利回り | 8.5% |
| 将来の配当利回り | 8.6% |
| 配当成長 | 16.1% |
| 次回配当支払日 | n/a |
| 配当落ち日 | 10 Jun 26 |
| 一株当たり配当金 | n/a |
| 配当性向 | 30% |
最近の配当と自社株買いの更新
Recent updates
新しいナラティブ • May 20
Kaspi.kz represents a high-quality, high-growth fintech/e-commerce platform
Below is a structured Investment Memo for Joint Stock Company Kaspi.kz , based primarily on official Investor Relations financial information and supporting official disclosures. This is followed by a SWOT (DAFO) analysis with referenced insights.
ナラティブの更新 • May 04
KSPI: Future P/E Framework And Dividend Payout Will Guide Balanced Return Potential
Analysts have lifted their Kaspi.kz price target by about $3 to reflect updated views on fair value, revenue growth, profit margins and future P/E following recent research, including Susquehanna's $8 price target increase. Analyst Commentary Even with the recent upward move in fair value estimates, some bearish analysts are still flagging risks that could cap upside for Kaspi.kz if things do not go to plan.Seeking Alpha • Apr 22
Kaspi.Kz: Tencent Sees It, The Numbers Confirm It (Rating Upgrade)
Summary Kaspi.kz (KSPI), Kazakhstan's leading super-app, is seeing renewed momentum, notably after Tencent acquired a significant 3.2% stake. KSPI's payments and marketplace segments are growing robustly, with e-commerce purchases projected to rise 83% in FY 2025 despite smartphone sales headwinds. Fintech margins remain pressured by Kazakhstan's high 18% benchmark rate and new taxes, but loan growth and platform engagement remain solid. Kaspi's Turkish expansion via Hepsiburada and a potential Rabobank acquisition could unlock new banking revenue streams, though timing and cash flow impact remain uncertain. Read the full article on Seeking Alpha
ナラティブの更新 • Apr 20
KSPI: Dividend Support And Resilient Margins Will Drive Future Upside
Analysts have trimmed their Kaspi.kz price target by roughly $1.55 per share. Slightly lower fair value and profit margin assumptions outweighed higher modeled revenue growth and a modestly lower future P/E, with the recent downgrade from Susquehanna cited as reinforcing a more cautious stance.ナラティブの更新 • Apr 06
KSPI: Future P/E Reset And Dividend Policy Are Expected To Shape Returns
Analysts have trimmed their price target on Kaspi.kz from $87.52 to $79.97, citing updated assumptions for revenue growth, profit margins and a lower future P/E multiple, along with a recent downgrade from Susquehanna that reflects a more cautious stance on the shares. Analyst Commentary Bearish analysts are signaling that the latest cut in the Kaspi.kz price target to $79.97 reflects growing concern about how current assumptions on revenue growth, profit margins and the future P/E multiple compare with execution risks.ナラティブの更新 • Mar 23
KSPI: Higher Margins And Dividend Policy Will Support Future Upside
Analysts have trimmed their price target on Kaspi.kz from $107.59 to $99.47, citing more cautious revenue growth assumptions, a slightly lower discount rate, a modestly higher profit margin outlook, and a lower future P/E, in line with the recent downgrade and a softer stance in Street research. Analyst Commentary Bullish Takeaways Bullish analysts point to the reduced discount rate and slightly higher profit margin outlook as signs that Kaspi.kz is still seen as capable of supporting solid profitability over time, even with a lower price target.
ナラティブの更新 • Mar 08
KSPI: Execution And Earnings Resilience Will Support Confidence After Susquehanna Downgrade
Analysts have trimmed their price target on Kaspi.kz from about $136 to $128, citing lower projected revenue growth, a slightly adjusted discount rate, and a more conservative future P/E assumption, partly reflected in the recent downgrade from Susquehanna. Analyst Commentary While some research has turned more cautious on Kaspi.kz, there are still clear areas that bullish analysts highlight when they look at the story, especially around execution, growth potential, and how those factors could feed into valuation over time.ナラティブの更新 • Feb 22
KSPI: Execution And Profitability Will Underpin Confidence After Recent Downgrade
Analysts have trimmed their Kaspi.kz price target from about $142 to roughly $136, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E, along with a recent downgrade from Susquehanna that has contributed to a more cautious stance. Analyst Commentary Bullish Takeaways Bullish analysts point to Kaspi.kz's current P/E assumptions as still leaving room for upside if the company can deliver on its planned execution and maintain its profitability profile.ナラティブの更新 • Feb 08
KSPI: Updated Fair Value Will Support Confidence Despite Recent Downgrade
Analysts have lifted their fair value estimate for Kaspi.kz from US$130.73 to US$142.24, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples, even as some firms have turned more cautious in recent research. Analyst Commentary Despite the recent downgrade from one research house, the overall Street discussion around Kaspi.kz still includes some constructive angles that many retail investors focus on when weighing the name against its updated fair value of US$142.24.ナラティブの更新 • Jan 25
KSPI: Stable Profitability And Lower P/E Will Support Future Upside Potential
Kaspi.kz's updated analyst price target now reflects a fair value of about $107.59, slightly below the prior $108.16, as analysts fine tune their assumptions on the discount rate, revenue growth, profit margin and forward P/E to align more closely with recent inputs. Valuation Changes Fair Value: The price target was adjusted slightly from about $108.16 to about $107.59, a small downward move in the modeled fair value.ナラティブの更新 • Jan 11
KSPI: Slightly Lower Fair Value Will Support Future Upside Potential
Analysts have trimmed their fair value estimate for Kaspi.kz from US$108.57 to US$108.16, reflecting updates to their assumptions on the discount rate, revenue growth, profit margin, and forward P/E. Valuation Changes Fair value estimate trimmed slightly from US$108.57 to US$108.16 per share.ナラティブの更新 • Dec 23
KSPI: Forward Earnings Discount Is Expected To Drive Future Upside
Analysts have raised their price target on Kaspi.kz to $107 from $114, citing the stock's 25% decline over the past year and its current significant discount to historical forward earnings multiples despite ongoing regulatory and macro headwinds. Analyst Commentary Analyst sentiment on Kaspi.kz has turned more constructive at the margin, with the latest price target adjustment to $107 reflecting both recognition of the company’s resilient fundamentals and acknowledgement of persistent headwinds.ナラティブの更新 • Dec 09
KSPI: Discounted Entry After 25% Pullback Will Drive Future Upside
Analysts have nudged their fair value estimate for Kaspi.kz slightly higher from approximately $108.32 to $108.57, citing the stock's recent 25% pullback and its current significant discount to historical forward earnings multiples, despite ongoing regulatory and macro headwinds. Analyst Commentary Analyst sentiment around Kaspi.kz has turned more constructive following the recent share price correction, with upgraded ratings reflecting a view that current levels undervalue the company relative to its historical fundamentals and earnings power.ナラティブの更新 • Nov 25
KSPI: Discounted Price Will Offer Upside As Regulatory Headwinds Fade
Analysts have slightly reduced their price target for Kaspi.kz from $114 to $107, citing continued regulatory challenges and a higher monetary policy environment. They also noted the stock's current discounted valuation.ナラティブの更新 • Nov 06
KSPI: Upgraded Buy Rating Will Drive Upside Amid Regulatory Pressures
Analysts lowered their price target for Kaspi.kz from $111.40 to $109.68, citing recent regulatory headwinds and persistent monetary policy pressures. They also noted the stock's current discounted valuation despite improved revenue growth prospects.ナラティブの更新 • Oct 23
Analysts Weigh Attractive Valuation and Risks as Kaspi.kz Faces Regulatory and Market Headwinds
Analysts have reduced their price target for Kaspi.kz from $114 to $107, citing ongoing regulatory costs and a challenging monetary policy environment. However, they note that the stock's recent decline leaves it trading at a significant discount to historical earnings multiples.ナラティブの更新 • Oct 08
Kazakhstan And Turkey Markets Will Unlock Digital Opportunity
Kaspi.kz's analyst price target has been revised downward from $114 to $107, as analysts cite regulatory headwinds, persistent monetary policy challenges, and recent stock underperformance as contributing factors. Analyst Commentary Analysts have issued updated perspectives on Kaspi.kz following recent developments and share price movements.ナラティブの更新 • Aug 27
Kazakhstan And Turkey Markets Will Unlock Digital Opportunity
Kaspi.kz’s valuation outlook has shifted as analysts significantly lowered both future P/E and revenue growth expectations, yet the consensus price target only edged up slightly from $111.07 to $112.84. What's in the News Kaspi.kz and Alipay+ have enabled international cross-border QR payments in Kazakhstan, allowing users of 12 Alipay+-enabled apps to pay via Kaspi QR at a wide range of merchants.Seeking Alpha • Jan 15
Kaspi: A High-Quality Technology Business Trading On A Dirt Cheap Multiple
Summary Kaspi is a dominant market leader in Kazakhstan across payments, e-commerce, and fintech, boasting 41% net income margins in Q3 2024. 70% of the Kazakhstan population use Kaspi on a monthly basis and engagement across their suite of services is very high. The company has a proven track record of launching and scaling new services, such as online travel and groceries, and is expanding internationally into markets like Turkey. Kaspi's very high insider ownership (73%) and visionary CEO, Mikheil Lomtadze, ensure strong alignment with shareholder interests and ambitious growth plans. Despite geopolitical risks, Kaspi's current valuation (7x forward P/E) offers a compelling investment opportunity with potential for significant returns and geographic portfolio diversification. Read the full article on Seeking AlphaSeeking Alpha • Jan 09
Kaspi.kz Has Flourished With Growth, But Long-Term Future May Depend On Overseas Expansion
Summary Kaspi (NASDAQ: KSPI) is a high-growth fintech company in Kazakhstan, offering essential apps like Kaspi Super App and Kaspi Pay with strong user and merchant bases. Despite high price/book ratios, Kaspi's low P/E multiples and strong dividend policy make it an attractive investment, especially given its impressive revenue and earnings growth. Kaspi's expansion efforts, including the acquisition of Hepsiburada in Turkey, are crucial for future growth beyond Kazakhstan, though they come with inherent risks. Investors should monitor Kazakhstan's economic conditions and Kaspi's international ventures, as these factors will significantly impact the company's future performance. Read the full article on Seeking Alpha
新しいナラティブ • Nov 07
Kaspi's Expansion In Turkey Promises Long-Term Growth Despite Economic Headwinds
Strategic acquisition in Turkey and advanced service integration are expected to drive long-term revenue and earnings growth through technology leverage and operational efficiencies.Seeking Alpha • Oct 27
Hepsiburada Changes Everything For Kaspi
Summary Kaspi's acquisition of Hepsiburada aims to expand its market presence beyond Kazakhstan, targeting Turkey's growing eCommerce sector despite competition and valuation challenges. Hepsiburada's innovative culture aligns with Kaspi's, offering BNPL loans, payment services, and logistics, and boasts high customer satisfaction with an NPS of 75. Turkish market risks include Chinese competition and fluctuating inflation, complicating Hepsiburada's valuation, but Kaspi's strategic move could yield significant long-term growth. Kaspi's Q3 results showed solid growth despite inflation, and the company's response to short-seller criticisms reinforces confidence in its transparency and systemic importance. Read the full article on Seeking AlphaSeeking Alpha • Sep 24
Kaspi.kz: Look Beyond The Short Seller Report, But Hold For Now (Downgrade)
Summary Kaspi faces allegations of money laundering and Russian business ties, but it's unclear if they violated sanctions or were complicit. Kaspi's valuation is questioned, with comparisons to competitors and concerns about high value per user. Kaspi's response to the allegations is vague, but Fitch's BBB- rating provides some credibility. Despite Kaspi's strengths, I recommend holding off on investments until the next earnings call for more clarity. Read the full article on Seeking AlphaSeeking Alpha • Jul 10
Kaspi.kz: The Super App Remains Super
Summary Kaspi.kz stock has seen a 31.6% total return in recent months. Investors are becoming more aware of the company's growth potential. Strong performance is expected to continue in the near future. Read the full article on Seeking AlphaSeeking Alpha • May 17
Kaspi.kz: Kazakh Super App Offers Hypergrowth At Value Prices
Summary Kaspi.kz is Kazakhstan's most valuable listed company, offering a super app with features like payments, e-commerce, travel, and government services. The company has a dominant market position and is growing rapidly, with a low valuation and a policy of returning capital to shareholders. Kaspi.kz's revenue and net income quality is improving due to marketplace and payments growth. Kaspi is also expanding internationally. We rate the stock a BUY with a conservative target price of $129. Read the full article on Seeking AlphaSeeking Alpha • Feb 23
Kaspi.kz: Dominant Business With More Room To Grow
Summary Kaspi is a super app in Kazakhstan, offering ecommerce, payments, and fintech services. The company's growth potential lies in increasing usage within its active user base and potential international expansion. Despite the risk associated with investing in a frontier market, Kaspi's strong financials and growth trajectory make it an attractive investment opportunity. Read the full article on Seeking Alpha配当金の支払いについて
決済の安定と成長
配当データの取得
安定した配当: KSPIは 10 年未満配当金を支払っており、この間、支払額は 変動性 が高かった。
増加する配当: KSPIの配当金は増加していますが、同社は6年間しか配当金を支払っていません。
配当利回り対市場
| Kaspi.kz 配当利回り対市場 |
|---|
| セグメント | 配当利回り |
|---|---|
| 会社 (KSPI) | 7.9% |
| 市場下位25% (US) | 1.4% |
| 市場トップ25% (US) | 4.2% |
| 業界平均 (Consumer Finance) | 1.9% |
| アナリスト予想 (KSPI) (最長3年) | 8.6% |
注目すべき配当: KSPIの配当金 ( 7.88% ) はUS市場の配当金支払者の下位 25% ( 1.41% ) よりも高くなっています。
高配当: KSPIの配当金 ( 7.88% ) はUS市場 ( 4.24% ) の配当支払者の中で上位 25% に入っています。
株主への利益配当
収益カバレッジ: KSPIの 配当性向 ( 30.3% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。
株主配当金
キャッシュフローカバレッジ: KSPIは高い 現金配当性向 ( 92.8% ) のため、配当金の支払いはキャッシュフローで十分にカバーされていません。
高配当企業の発掘
企業分析と財務データの現状
| データ | 最終更新日（UTC時間） |
|---|---|
| 企業分析 | 2026/05/22 06:42 |
| 終値 | 2026/05/22 00:00 |
| 収益 | 2026/03/31 |
| 年間収益 | 2025/12/31 |
データソース
企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。
| パッケージ | データ | タイムフレーム | 米国ソース例 |
|---|---|---|---|
| 会社財務 | 10年 |
| |
| アナリストのコンセンサス予想 | +プラス3年 |
|
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| 市場価格 | 30年 |
| |
| 所有権 | 10年 |
| |
| マネジメント | 10年 |
| |
| 主な進展 | 10年 |
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* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。
特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。
分析モデルとスノーフレーク
本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。
シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。
業界およびセクターの指標
私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。
アナリスト筋
Joint Stock Company Kaspi.kz 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。14
| アナリスト | 機関 |
|---|---|
| Maksim Nekrasov | Citigroup Inc |
| Maksim Nekrasov | Citigroup Inc |
| Ronald Josey | Citigroup Inc |