Joint Stock Company Kaspi.kz (NASDAQ:KSPI) & PROG (NYSE:PRG) Financial Contrast

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

Institutional & Insider Ownership

32.2% of Joint Stock Company Kaspi.kz shares are held by institutional investors. Comparatively, 97.9% of PROG shares are held by institutional investors. 3.7% of PROG shares are held 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 Joint Stock Company Kaspi.kz and PROG’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%
PROG	5.57%	21.88%	9.15%

Earnings & Valuation

This table compares Joint Stock Company Kaspi.kz and PROG”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	$4,403.33 billion	0.00	$2.04 billion	$10.98	8.47
PROG	$2.41 billion	0.50	$146.79 million	$3.62	8.40

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

Dividends

Joint Stock Company Kaspi.kz pays an annual dividend of $8.57 per share and has a dividend yield of 9.2%. PROG pays an annual dividend of $0.56 per share and has a dividend yield of 1.8%. Joint Stock Company Kaspi.kz pays out 78.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. PROG pays out 15.5% of its earnings in the form of a dividend. PROG has increased its dividend for 2 consecutive years.

Risk and Volatility

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. Comparatively, PROG has a beta of 1.78, meaning that its share price is 78% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current recommendations and price targets for Joint Stock Company Kaspi.kz and PROG, 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
PROG	0	3	7	0	2.70

Joint Stock Company Kaspi.kz presently has a consensus target price of $107.50, indicating a potential upside of 15.60%. PROG has a consensus target price of $47.81, indicating a potential upside of 57.20%. Given PROG’s stronger consensus rating and higher probable upside, analysts clearly believe PROG is more favorable than Joint Stock Company Kaspi.kz.

Summary

PROG beats Joint Stock Company Kaspi.kz on 9 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 PROG

PROG Holdings, Inc. (NYSE:PRG) is a financial technology holding company based in Salt Lake City, Utah with three business segments: Progressive Leasing, which offers lease-to-own transactions primarily to credit-challenged consumers through e-commerce and point-of-sale retail partners, via online, mobile, and in-store solutions; Vive Financial, which provides consumers who may not qualify for traditional prime lending with a variety of second-look, revolving credit products through private label and branded credit cards; and Four Technologies, which provides consumers of all credit backgrounds Buy Now, Pay Later (BNPL) options through four interest-free installments via its platform, Four.