Contrasting Joint Stock Company Kaspi.kz (NASDAQ:KSPI) & Dave (NASDAQ:DAVE)

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

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Joint Stock Company Kaspi.kz and Dave, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Joint Stock Company Kaspi.kz	0	3	1	0	2.25
Dave	0	3	14	0	2.82

Joint Stock Company Kaspi.kz currently has a consensus price target of $107.50, suggesting a potential upside of 15.80%. Dave has a consensus price target of $433.25, suggesting a potential upside of 22.59%. Given Dave’s stronger consensus rating and higher possible upside, analysts plainly believe Dave is more favorable than Joint Stock Company Kaspi.kz.

Insider and Institutional Ownership

32.2% of Joint Stock Company Kaspi.kz shares are owned by institutional investors. Comparatively, 18.0% of Dave shares are owned by institutional investors. 23.6% of Dave shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Joint Stock Company Kaspi.kz	24.00%	40.69%	9.54%
Dave	34.58%	77.46%	40.44%

Earnings & Valuation

This table compares Joint Stock Company Kaspi.kz and Dave”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	2.29	$2.04 billion	$10.98	8.45
Dave	$554.20 million	8.14	$195.87 million	$15.42	22.92

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

Risk and Volatility

Joint Stock Company Kaspi.kz has a beta of 1.06, suggesting that its share price is 6% more volatile than the S&P 500. Comparatively, Dave has a beta of 3.92, suggesting that its share price is 292% more volatile than the S&P 500.

Summary

Dave beats Joint Stock Company Kaspi.kz 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 Dave

Dave, Inc. is a digital banking service. Its products include a budgeting tool to help members manage their upcoming bills to avoid overspending, cash advances through its flagship ExtraCash product to help members avoid punitive overdraft fees, a Side Hustle product, where Dave helps connect members with supplemental work opportunities, and Dave Banking, a modern checking account experience with valuable tools for building long-term financial health. The company was founded by Jason Wilk, Paras Chitrakar, and John Wolanin in October 2015 and is headquartered in Los Angeles, CA.