Financial Analysis: Joint Stock Company Kaspi.kz (NASDAQ:KSPI) vs. International Money Express (NASDAQ:IMXI)

Joint Stock Company Kaspi.kz (NASDAQ:KSPI) and International Money Express (NASDAQ:IMXI) are both business services companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, valuation, dividends, institutional ownership, profitability, earnings and risk.

Profitability

This table compares Joint Stock Company Kaspi.kz and International Money Express’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Joint Stock Company Kaspi.kz	24.89%	43.80%	10.03%
International Money Express	4.34%	23.26%	6.88%

Volatility and Risk

Joint Stock Company Kaspi.kz has a beta of 0.98, suggesting that its share price is 2% less volatile than the S&P 500. Comparatively, International Money Express has a beta of 0.78, suggesting that its share price is 22% less volatile than the S&P 500.

Institutional and Insider Ownership

32.2% of Joint Stock Company Kaspi.kz shares are owned by institutional investors. Comparatively, 86.7% of International Money Express shares are owned by institutional investors. 5.1% of International Money Express shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for Joint Stock Company Kaspi.kz and International Money Express, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Joint Stock Company Kaspi.kz	0	4	1	0	2.20
International Money Express	1	2	0	0	1.67

Joint Stock Company Kaspi.kz presently has a consensus price target of $96.67, suggesting a potential upside of 5.60%. Given Joint Stock Company Kaspi.kz’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Joint Stock Company Kaspi.kz is more favorable than International Money Express.

Valuation & Earnings

This table compares Joint Stock Company Kaspi.kz and International Money Express”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Joint Stock Company Kaspi.kz	$7.70 billion	2.26	$2.04 billion	$10.84	8.44
International Money Express	$607.78 million	0.75	$32.67 million	$0.85	17.91

Joint Stock Company Kaspi.kz has higher revenue and earnings than International Money Express. Joint Stock Company Kaspi.kz is trading at a lower price-to-earnings ratio than International Money Express, indicating that it is currently the more affordable of the two stocks.

Summary

Joint Stock Company Kaspi.kz beats International Money Express on 11 of the 14 factors compared between the two stocks.

About Joint Stock Company Kaspi.kz

Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants. This segment offers shopping transactions, regular household bills, and peer to peer payments for consumers; accepts payment online and in store, issue and settle invoices, pay suppliers and monitor merchant turnover. It also provides proprietary data facilities informed decision making across multiple areas of business. Its Marketplace Platform segment connects online, and offline merchants and consumers enabling merchants to enhance its sales through an omni channel strategy and enable consumers to buy products and services from various merchants. This segment also operates marketplace through m-commerce, a mobile solution for shopping in person which consumers can use e-commerce to shop anywhere, anytime with free delivery; Kaspi Travel allows consumers to book domestic and international flights and package holidays, domestic rail tickets. It also enhances merchants sales by connecting payments and fintech products, Kapsi advertising, and other delivery services. The Fintech Platform segment provides consumers with BNPL, finance, and savings products and merchants with merchant finance services through super apps and Kapsi.kz Super app. It also involved in the banking; distressed asset management; real estate business; payment processing; online travel; and storage and processing of information services. The company was incorporated in 2008 and is headquartered in Almaty, the Republic of Kazakhstan.

About International Money Express

International Money Express, Inc., together with its subsidiaries, operates as an omnichannel money remittance services company in the United States, Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia. The company offers remittance services, which include a suite of ancillary financial processing solutions and payment services; and online payment options, pre-paid debit cards, and direct deposit payroll cards. It provides services through sending and paying agents and company-operated stores, as well as through online and Internet-enabled mobile devices. International Money Express, Inc. is headquartered in Miami, Florida.