RB Global (NYSE:RBA) and Joint Stock Company Kaspi.kz (NASDAQ:KSPI) Critical Survey

Joint Stock Company Kaspi.kz (NASDAQ:KSPI) and RB Global (NYSE:RBA) are both large-cap business services companies, but which is the superior investment? We will contrast the two companies based on the strength of their analyst recommendations, profitability, risk, institutional ownership, dividends, valuation and earnings.

Earnings & Valuation

This table compares Joint Stock Company Kaspi.kz and RB Global”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Joint Stock Company Kaspi.kz	$4.82 billion	3.20	$2.18 billion	$10.90	7.09
RB Global	$4.42 billion	4.44	$413.10 million	$2.02	52.34

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

Volatility & Risk

Joint Stock Company Kaspi.kz has a beta of 0.95, indicating that its share price is 5% less volatile than the S&P 500. Comparatively, RB Global has a beta of 0.65, indicating that its share price is 35% less volatile than the S&P 500.

Institutional & Insider Ownership

32.2% of Joint Stock Company Kaspi.kz shares are held by institutional investors. Comparatively, 95.4% of RB Global shares are held by institutional investors. 4.3% of RB Global shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Analyst Recommendations

This is a breakdown of current ratings and price targets for Joint Stock Company Kaspi.kz and RB Global, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Joint Stock Company Kaspi.kz	1	2	3	0	2.33
RB Global	0	2	5	0	2.71

Joint Stock Company Kaspi.kz presently has a consensus target price of $118.25, suggesting a potential upside of 53.09%. RB Global has a consensus target price of $124.33, suggesting a potential upside of 17.60%. Given Joint Stock Company Kaspi.kz’s higher probable upside, equities analysts clearly believe Joint Stock Company Kaspi.kz is more favorable than RB Global.

Dividends

Joint Stock Company Kaspi.kz pays an annual dividend of $1.71 per share and has a dividend yield of 2.2%. RB Global pays an annual dividend of $1.24 per share and has a dividend yield of 1.2%. Joint Stock Company Kaspi.kz pays out 15.7% of its earnings in the form of a dividend. RB Global pays out 61.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. RB Global has raised its dividend for 20 consecutive years. Joint Stock Company Kaspi.kz is clearly the better dividend stock, given its higher yield and lower payout ratio.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Joint Stock Company Kaspi.kz	34.82%	60.53%	11.57%
RB Global	9.46%	9.42%	4.18%

Summary

Joint Stock Company Kaspi.kz beats RB Global on 10 of the 17 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 RB Global

RB Global, Inc., an omnichannel marketplace, provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Its marketplace brands include Ritchie Bros., an auctioneer of commercial assets and vehicles offering online bidding; IAA, a digital marketplace connecting vehicle buyers and sellers; Rouse Services, which provides asset management, data-driven intelligence, and performance benchmarking system; SmartEquip, a technology platform that supports customers' management of the equipment lifecycle; and Veritread, an online marketplace for heavy haul transport solution. The company's brands include GovPlanet, an online marketplace for the sale of government and military assets; RB Auction, an onsite and online marketplace for selling and buying used equipment; IronPlanet, an online marketplace for selling and buying used equipment; Marketplace-E, an online solution that make offers/buy now format; Rouse Appraisals, a certified appraisal service solution; Ritchie List Mascus, an online equipment listing service and B2B dealer portal; CSAToday, an online reporting and analysis tool that gives sellers the ability to manage their vehicle assets and monitor sales performance; and Catastrophe Response Services. In addition, it offers title, data, transportation and logistics, refurbishing, inspection, and financial services. It serves customers across various asset classes, including automotive, commercial transportation, construction, government surplus, lifting and material handling, energy, mining, and agriculture. RB Global, Inc. was founded in 1958 and is headquartered in Westchester, Illinois.