Kaspi.kz JSC (HAM:KKS) Marketable Securities: €0 Mil (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:KKS Kaspi.kz JSC HAM:KKS
66 GF Score
Price €82.80
GF Value €159.40
Valuation Possible Value Trap
! 6 Warning Signs
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What is Kaspi.kz JSC Marketable Securities?

Kaspi.kz JSC HAM:KKS +3.50% 66 Marketable Securities is €0 Mil as of Jun. 2026. GuruFocus rates HAM:KKS with a GF Score™ of 66/100 and a GF Value™ of €159.40 (Possible Value Trap). The stock has 6 warning signs investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Kaspi.kz JSC's Marketable Securities for the quarter that ended in Jun. 2026 was €0 Mil.

Kaspi.kz JSC's annual Marketable Securities increased from Dec. 2023 (€2,743 Mil) to Dec. 2024 (€2,761 Mil) but then declined from Dec. 2024 (€2,761 Mil) to Dec. 2025 (€1,975 Mil).


Kaspi.kz JSC  (HAM:KKS) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".


Kaspi.kz JSC Marketable Securities Related Terms


Kaspi.kz JSC Marketable Securities Historical Data

* Premium members only.

The historical data trend for Kaspi.kz JSC's Marketable Securities 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 Marketable Securities Chart

Kaspi.kz JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,230.78 2,224.08 2,743.44 2,760.65 1,974.77

Kaspi.kz JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Marketable Securities 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 1,956.12 1,980.99 1,974.77 2,137.40 0.00
HAM:KKS
66GF Score
Kaspi.kz JSC HAM:KKS
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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Kaspi.kz JSC Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of €0 Mil mean?
Kaspi.kz JSC (HAM:KKS) has a Marketable Securities of €0 Mil as of Jun. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Kaspi.kz JSC and its competitors.
Is Kaspi.kz JSC's Marketable Securities too high?
Kaspi.kz JSC's current Marketable Securities is €0 Mil. Overall, Kaspi.kz JSC has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaspi.kz JSC's Marketable Securities compare to MSFT and ORCL?
Kaspi.kz JSC's Marketable Securities of €0 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 Marketable Securities for a Software company?
A good Marketable Securities depends on the Software industry context. However, Marketable Securities 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 Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Kaspi.kz JSC and its competitors. Kaspi.kz JSC's current Marketable Securities is €0 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 (HAM:KKS) is currently considered Possible Value Trap. The stock's GF Value™ is €159.40, compared to a current price of €82.80 — trading 48.1% below its estimated fair value. The current Marketable Securities is €0 Mil. Kaspi.kz JSC's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Kaspi.kz JSC (HAM:KKS), the current Marketable Securities is €0 Mil as of Jun. 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 (HAM:KKS) Overvalued in 2026?

Based on GuruFocus' analysis, Kaspi.kz JSC stock appears to be undervalued. The current stock price of €82.80 is trading 48.1% below its estimated GF Value™ of €159.40. GuruFocus considers Kaspi.kz JSC to be Possible Value Trap.

Key valuation signals for HAM:KKS:

  • Marketable Securities: €0 Mil
  • GF Value™: €159.40 vs. price of €82.80 (48.1% below fair value)
  • GF Score™: 66/100 with 6 warning signs

No single metric tells the full story. See the HAM:KKS 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.
66GF Score

Get the complete analysis for HAM:KKS

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

€82.80
Price
€159.40
GF Value