Comparing Joint Stock Company Kaspi.kz (NASDAQ:KSPI) and Marqeta (NASDAQ:MQ)

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

Institutional and Insider Ownership

32.2% of Joint Stock Company Kaspi.kz shares are owned by institutional investors. Comparatively, 78.6% of Marqeta shares are owned by institutional investors. 12.6% of Marqeta shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Earnings & Valuation

This table compares Joint Stock Company Kaspi.kz and Marqeta”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Joint Stock Company Kaspi.kz	$7.70 billion	1.93	$2.04 billion	$10.80	6.90
Marqeta	$624.88 million	2.71	-$13.93 million	($0.03)	-132.33

Joint Stock Company Kaspi.kz has higher revenue and earnings than Marqeta. Marqeta 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.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Joint Stock Company Kaspi.kz	26.59%	48.73%	10.45%
Marqeta	-2.23%	-1.62%	-1.00%

Volatility and Risk

Joint Stock Company Kaspi.kz has a beta of 0.66, suggesting that its share price is 34% less volatile than the S&P 500. Comparatively, Marqeta has a beta of 1.39, suggesting that its share price is 39% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings and target prices for Joint Stock Company Kaspi.kz and Marqeta, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Joint Stock Company Kaspi.kz	0	4	1	0	2.20
Marqeta	2	9	1	0	1.92

Joint Stock Company Kaspi.kz presently has a consensus price target of $96.67, suggesting a potential upside of 29.67%. Marqeta has a consensus price target of $5.14, suggesting a potential upside of 29.44%. Given Joint Stock Company Kaspi.kz’s stronger consensus rating and higher probable upside, analysts plainly believe Joint Stock Company Kaspi.kz is more favorable than Marqeta.

Summary

Joint Stock Company Kaspi.kz beats Marqeta on 9 of the 13 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 Marqeta

Marqeta, Inc. operates a cloud-based open application programming interface platform that delivers card issuing and transaction processing services. It offers its solutions in various verticals, including financial services, on-demand services, expense management, and e-commerce enablement, as well as buy now, pay later. Marqeta, Inc. was incorporated in 2010 and is headquartered in Oakland, California.