KSPI (Kaspi.kz JSC) Cash Flow from Financing: $-506 Mil (TTM As of Mar. 2026)

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KSPI Kaspi.kz JSC KSPI
80 GF Score
Price $85.28
GF Value $192.99
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Kaspi.kz JSC Cash Flow from Financing?

Kaspi.kz JSC KSPI +0.33% 80 Cash Flow from Financing is $-506 Mil as of Mar. 2026. GuruFocus rates KSPI with a GF Score™ of 80/100 and a GF Value™ of $192.99 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.

For the three months ended in Mar. 2026, Kaspi.kz JSC paid $59 Mil more to buy back shares than it received from issuing new shares. It received $0 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It received $0 Mil from paying cash dividends to shareholders. It spent $108 Mil on other financial activities. In all, Kaspi.kz JSC spent $167 Mil on financial activities for the three months ended in Mar. 2026.


Kaspi.kz JSC  (NAS:KSPI) Cash Flow from Financing Explanation

Cash from financing contains six items:

1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.

Kaspi.kz JSC's issuance of stock for the three months ended in Mar. 2026 was $0 Mil.

2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.

Kaspi.kz JSC's repurchase of stock for the three months ended in Mar. 2026 was $-59 Mil.

3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.

Kaspi.kz JSC's net issuance of debt for the three months ended in Mar. 2026 was $0 Mil. Kaspi.kz JSC received $0 Mil from issuing more debt.

4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

Kaspi.kz JSC's net issuance of preferred for the three months ended in Mar. 2026 was $0 Mil. Kaspi.kz JSC paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares.

5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

Kaspi.kz JSC's cash flow for dividends for the three months ended in Mar. 2026 was $0 Mil. Kaspi.kz JSC received $0 Mil from paying cash dividends to shareholders.

6. Other Financing:
Money spent or earned by company from other financial activities.

Kaspi.kz JSC's other financing for the three months ended in Mar. 2026 was $-108 Mil. Kaspi.kz JSC spent $108 Mil on other financial activities.


Kaspi.kz JSC Cash Flow from Financing Related Terms


Kaspi.kz JSC Cash Flow from Financing Historical Data

* Premium members only.

The historical data trend for Kaspi.kz JSC's Cash Flow from Financing 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 Cash Flow from Financing Chart

Kaspi.kz JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Flow from Financing
Get a 7-Day Free Trial Premium Member Only Premium Member Only -808.52 -589.93 -1,466.09 -1,377.31 300.74

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
Cash Flow from Financing 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 657.54 -95.86 -109.96 -132.38 -167.38
KSPI
80GF Score
Kaspi.kz JSC KSPI
Cash Flow from Financing is just one metric. See GF Score™, valuation, warning signs, and more.
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Kaspi.kz JSC Cash Flow from Financing Calculation

This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.

Kaspi.kz JSC's Cash from Financing for the fiscal year that ended in Dec. 2025 is calculated as:

Kaspi.kz JSC's Cash from Financing for the quarter that ended in Mar. 2026 is:


Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-506 Mil.

* 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.

What does a Cash Flow from Financing of $-506 Mil mean?
Kaspi.kz JSC (KSPI) has a Cash Flow from Financing of $-506 Mil as of Mar. 2026. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Kaspi.kz JSC and its competitors.
Is Kaspi.kz JSC's Cash Flow from Financing too high?
Kaspi.kz JSC's current Cash Flow from Financing is $-506 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 Cash Flow from Financing compare to MSFT and ORCL?
Kaspi.kz JSC's Cash Flow from Financing of $-506 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 Cash Flow from Financing for a Software company?
A good Cash Flow from Financing depends on the Software industry context. However, Cash Flow from Financing 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 Cash Flow from Financing mean?
A high Cash Flow from Financing can signal that a stock is expensive relative to its fundamentals. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Kaspi.kz JSC and its competitors. Kaspi.kz JSC's current Cash Flow from Financing is $-506 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 $192.99, compared to a current price of $85.28 — trading 55.8% below its estimated fair value. The current Cash Flow from Financing is $-506 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 Cash Flow from Financing calculated?
Cash Flow from Financing is calculated from a company's financial statements. For Kaspi.kz JSC (KSPI), the current Cash Flow from Financing is $-506 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 $85.28 is trading 55.8% below its estimated GF Value™ of $192.99. GuruFocus considers Kaspi.kz JSC to be Significantly Undervalued.

Key valuation signals for KSPI:

  • Cash Flow from Financing: $-506 Mil
  • GF Value™: $192.99 vs. price of $85.28 (55.8% 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

Get the complete analysis for KSPI

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

$85.28
Price
$192.99
GF Value