FirstCash (NASDAQ:FCFS) and Joint Stock Company Kaspi.kz (NASDAQ:KSPI) Head-To-Head Analysis

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

Earnings & Valuation

This table compares Joint Stock Company Kaspi.kz and FirstCash”s 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	3.23	$2.18 billion	$11.09	7.04
FirstCash	$3.49 billion	2.05	$258.82 million	$6.93	23.42

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

Volatility & Risk

Joint Stock Company Kaspi.kz has a beta of 0.89, indicating that its share price is 11% less volatile than the S&P 500. Comparatively, FirstCash has a beta of 0.53, indicating that its share price is 47% less volatile than the S&P 500.

Insider and Institutional Ownership

32.2% of Joint Stock Company Kaspi.kz shares are owned by institutional investors. Comparatively, 80.3% of FirstCash shares are owned by institutional investors. 2.9% of FirstCash shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Joint Stock Company Kaspi.kz	30.35%	55.31%	11.20%
FirstCash	8.88%	17.44%	7.92%

Analyst Recommendations

This is a breakdown of recent ratings for Joint Stock Company Kaspi.kz and FirstCash, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Joint Stock Company Kaspi.kz	1	2	2	0	2.20
FirstCash	0	1	4	3	3.25

Joint Stock Company Kaspi.kz currently has a consensus target price of $111.00, indicating a potential upside of 42.18%. FirstCash has a consensus target price of $167.00, indicating a potential upside of 2.91%. Given Joint Stock Company Kaspi.kz’s higher probable upside, analysts clearly believe Joint Stock Company Kaspi.kz is more favorable than FirstCash.

Summary

Joint Stock Company Kaspi.kz beats FirstCash on 9 of the 15 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 FirstCash

FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. The company operates in three segments: U.S. Pawn, Latin America Pawn, and Retail POS Payment Solutions segments. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers. The company also provides retail POS payment solutions, which focuses on LTO products and facilitating other retail financing payment options across the network of traditional and e-commerce merchant partners. It serves cash and credit-constrained consumers. The company was formerly known as FirstCash, Inc and changed its name to FirstCash Holdings, Inc. in December 2021. FirstCash Holdings, Inc was incorporated in 1988 and is headquartered in Fort Worth, Texas.