KSPI (Kaspi.kz JSC) Beginning Cash Position: $1,883 Mil (As of Mar. 2026)

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KSPI Kaspi.kz JSC KSPI
80 GF Score
Price $89.01
GF Value $222.34
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Kaspi.kz JSC Beginning Cash Position?

Kaspi.kz JSC KSPI +1.25% 80 Beginning Cash Position is $1,883 Mil as of Mar. 2026. GuruFocus rates KSPI with a GF Score™ of 80/100 and a GF Value™ of $222.34 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Kaspi.kz JSC's Beginning Cash Position for the quarter that ended in Mar. 2026 was $1,883 Mil.

Kaspi.kz JSC's quarterly Beginning Cash Position declined from Sep. 2025 ($1,973 Mil) to Dec. 2025 ($1,004 Mil) but then increased from Dec. 2025 ($1,004 Mil) to Mar. 2026 ($1,883 Mil).

Kaspi.kz JSC's annual Beginning Cash Position increased from Dec. 2023 ($1,335 Mil) to Dec. 2024 ($1,592 Mil) but then declined from Dec. 2024 ($1,592 Mil) to Dec. 2025 ($1,240 Mil).

Kaspi.kz JSC Beginning Cash Position Related Terms

Kaspi.kz JSC Beginning Cash Position Historical Data

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The historical data trend for Kaspi.kz JSC's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kaspi.kz JSC Beginning Cash Position Chart

Kaspi.kz JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 757.68 731.45 1,334.63 1,592.12 1,239.91

Kaspi.kz JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,249.28 1,327.33 1,973.21 1,003.82 1,882.92
KSPI
80GF Score
Kaspi.kz JSC KSPI
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Kaspi.kz JSC Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $1,883 Mil mean?
Kaspi.kz JSC (KSPI) has a Beginning Cash Position of $1,883 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Kaspi.kz JSC and its competitors.
Is Kaspi.kz JSC's Beginning Cash Position too high?
Kaspi.kz JSC's current Beginning Cash Position is $1,883 Mil. Overall, Kaspi.kz JSC has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kaspi.kz JSC's Beginning Cash Position compare to MSFT and ORCL?
Kaspi.kz JSC's Beginning Cash Position of $1,883 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Software company?
A good Beginning Cash Position depends on the Software industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Kaspi.kz JSC and its competitors. Kaspi.kz JSC's current Beginning Cash Position is $1,883 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaspi.kz JSC stock overvalued right now?
Based on GuruFocus' analysis, Kaspi.kz JSC (KSPI) is currently considered Significantly Undervalued. The stock's GF Value™ is $222.34, compared to a current price of $89.01 — trading 60% below its estimated fair value. The current Beginning Cash Position is $1,883 Mil. Kaspi.kz JSC's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Kaspi.kz JSC (KSPI), the current Beginning Cash Position is $1,883 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kaspi.kz JSC (KSPI) Overvalued in 2026?

Based on GuruFocus' analysis, Kaspi.kz JSC stock appears to be undervalued. The current stock price of $89.01 is trading 60% below its estimated GF Value™ of $222.34. GuruFocus considers Kaspi.kz JSC to be Significantly Undervalued.

Key valuation signals for KSPI:

  • Beginning Cash Position: $1,883 Mil
  • GF Value™: $222.34 vs. price of $89.01 (60% below fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the KSPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kaspi.kz JSC Business Description

Address 154A Nauryzbai Batyr Street, Almaty, KAZ, 050013
Kaspi.kz JSC is the payment, marketplace, and Fintech ecosystem in Kazakhstan. The firm provides interconnected technologically seamless products and services that help people to pay, shop and manage their finances. Its operating segment includes the Payments Platform that connects its customers, which consist of both consumers and merchants, to facilitate cashless, digital transactions, the Marketplace Platform, which derives maximum revenue, connects merchants and consumers enabling merchants to increase their sales and consumers to buy a broad selection of products and services offered by a variety of merchants, and Fintech Platform that enables customers to manage their personal finances online and access consumer finance and deposit products through the Kaspi.kz Super App.
80GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$89.01
Price
$222.34
GF Value