Financial Contrast: Joint Stock Company Kaspi.kz (NASDAQ:KSPI) vs. Katapult (NASDAQ:KPLT)

Katapult (NASDAQ:KPLT) and Joint Stock Company Kaspi.kz (NASDAQ:KSPI) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their risk, profitability, earnings, dividends, analyst recommendations, valuation and institutional ownership.

Volatility and Risk

Katapult has a beta of 1.68, meaning that its share price is 68% more volatile than the S&P 500. Comparatively, Joint Stock Company Kaspi.kz has a beta of 1.06, meaning that its share price is 6% more volatile than the S&P 500.

Institutional and Insider Ownership

26.8% of Katapult shares are owned by institutional investors. Comparatively, 32.2% of Joint Stock Company Kaspi.kz shares are owned by institutional investors. 8.0% of Katapult shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares Katapult and Joint Stock Company Kaspi.kz’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Katapult	3.60%	-26.41%	10.86%
Joint Stock Company Kaspi.kz	24.00%	40.69%	9.54%

Valuation and Earnings

This table compares Katapult and Joint Stock Company Kaspi.kz”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Katapult	$301.71 million	0.18	$1.37 million	$1.37	8.07
Joint Stock Company Kaspi.kz	$7.70 billion	2.31	$2.04 billion	$10.98	8.51

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

Analyst Recommendations

This is a summary of recent recommendations for Katapult and Joint Stock Company Kaspi.kz, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Katapult	1	0	0	0	1.00
Joint Stock Company Kaspi.kz	0	3	1	0	2.25

Joint Stock Company Kaspi.kz has a consensus price target of $107.50, indicating a potential upside of 15.11%. Given Joint Stock Company Kaspi.kz’s stronger consensus rating and higher possible upside, analysts plainly believe Joint Stock Company Kaspi.kz is more favorable than Katapult.

Summary

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

About Katapult

Katapult Holdings, Inc., an e-commerce focused financial technology company, provides e-commerce point-of-sale lease-purchase options for nonprime consumers in the United States. The company's technology platform provides nonprime consumers with a lease purchase option to enable them to obtain durable goods from its network of e-commerce retailers. It also offers Katapult Pay, a one-time use virtual card technology that makes lease purchasing and transactions. The company was formerly known as Cognical Holdings, Inc. and changed its name to Katapult Holdings, Inc. in February 2020. The company is headquartered in Plano, Texas.

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.