Kaspi.kz JSCKSPI +3.24%81 FCF Margin % is 4.96% as of Mar. 2026, which is 87% below its 10-year median of 39.35. GuruFocus rates KSPI with a GF Score™ of 81/100 and a GF Value™ of $201.25 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,815 Software companies, Kaspi.kz JSC ranks better than 80.99% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Kaspi.kz JSC's Free Cash Flow for the
three
months ended in Mar. 2026 was $112 Mil. Kaspi.kz JSC's Revenue for the
three
months ended in Mar. 2026 was $2,250 Mil. Therefore, Kaspi.kz JSC's FCF Margin % for the quarter that ended in Mar. 2026 was 4.96%.
The historical rank and industry rank for Kaspi.kz JSC's FCF Margin % or its related term are showing as below:
KSPI'
s FCF Margin % Range Over the Past 10 Years
Min: 5.11 Med: 39.35 Max: 92.59
Current: 16.56
During the past 10 years, the highest FCF Margin % of Kaspi.kz JSC was 92.59%. The lowest was 5.11%. And the median was 39.35%.
KSPI's FCF Margin % is ranked better than 80.99% of 2815
companies
in the Software industry
Industry Median: 2.41
vs KSPI: 16.56
Kaspi.kz JSC FCF Margin % Related Terms
Kaspi.kz JSC FCF Margin % Historical Data
* Premium members only.
The historical data trend for Kaspi.kz JSC's FCF Margin % 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.
For the Software - Infrastructure subindustry, Kaspi.kz JSC's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kaspi.kz JSC FCF Margin % vs Software Industry
For the Software industry and Technology sector, Kaspi.kz JSC's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Kaspi.kz JSC's FCF Margin % falls into.
* 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 (KSPI) has a FCF Margin % of 4.96% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Kaspi.kz JSC and its competitors. This is 87% below median its historical median of 39.35. Over the past decade, Kaspi.kz JSC's FCF Margin % has ranged from 5.11 to 92.59. According to the industry distribution chart, Kaspi.kz JSC ranks #535 out of 2815 companies in the Software industry, placing it in the top 19%.
Is Kaspi.kz JSC's FCF Margin % too high?
Kaspi.kz JSC's current FCF Margin % of 4.96% is 87% below median its 10-year median of 39.35. Over the past 10 years, this metric has ranged from a low of 5.11 to a high of 92.59. The Software industry median FCF Margin % is 2.41. Kaspi.kz JSC's value of 4.96% is 105.8% above this industry median. Based on the distribution chart, Kaspi.kz JSC ranks #535 out of 2815 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Kaspi.kz JSC has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kaspi.kz JSC's FCF Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, Kaspi.kz JSC ranks #535 out of 2815 companies for FCF Margin %. This places Kaspi.kz JSC in the top 19% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.41. Kaspi.kz JSC's value of 4.96% is 105.8% above this benchmark. Historically, Kaspi.kz JSC's own FCF Margin % has ranged from 5.11 to 92.59 over the past decade. While the company's 10-year median is 39.35 vs. the industry median of 2.41, Kaspi.kz JSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Software company?
The median FCF Margin % among Software companies is 2.41, based on 2,815 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kaspi.kz JSC's current FCF Margin % of 4.96% is 105.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Kaspi.kz JSC and its competitors. For the Software industry, the median FCF Margin % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaspi.kz JSC's current FCF Margin % is 4.96%, which is 87% below median its own 10-year median of 39.35. 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 $201.25, compared to a current price of $89.50 — trading 55.5% below its estimated fair value. The current FCF Margin % is 4.96%, which is 87% below median its 10-year median of 39.35 and 105.8% above the Software industry median of 2.41. Kaspi.kz JSC's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Kaspi.kz JSC (KSPI), the current FCF Margin % is 4.96% 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 $89.50 is trading 55.5% below its estimated GF Value™ of $201.25.
GuruFocus considers Kaspi.kz JSC to be Significantly Undervalued.
Key valuation signals for KSPI:
FCF Margin %: 4.96% (87% below median its 10-year median of 39.35)
GF Value™: $201.25 vs. price of $89.50 (55.5% below fair value)
Industry Position: 105.8% above the Software median (#535 of 2815)
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 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.
81GF Score
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