Head-To-Head Comparison: Joint Stock Company Kaspi.kz (NASDAQ:KSPI) & Payoneer Global (NASDAQ:PAYO)

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

Insider and Institutional Ownership

82.2% of Payoneer Global shares are held by institutional investors. Comparatively, 32.2% of Joint Stock Company Kaspi.kz shares are held by institutional investors. 2.6% of Payoneer Global shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Analyst Ratings

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

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Payoneer Global	0	1	7	0	2.88
Joint Stock Company Kaspi.kz	0	4	1	0	2.20

Payoneer Global presently has a consensus price target of $7.57, indicating a potential upside of 53.89%. Joint Stock Company Kaspi.kz has a consensus price target of $96.67, indicating a potential upside of 29.67%. Given Payoneer Global’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Payoneer Global is more favorable than Joint Stock Company Kaspi.kz.

Valuation & Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Payoneer Global	$1.05 billion	1.61	$73.19 million	$0.19	25.89
Joint Stock Company Kaspi.kz	$7.70 billion	1.93	$2.04 billion	$10.80	6.90

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

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Payoneer Global	6.95%	10.89%	0.99%
Joint Stock Company Kaspi.kz	26.59%	48.73%	10.45%

Volatility and Risk

Payoneer Global has a beta of 1.03, indicating that its share price is 3% more volatile than the S&P 500. Comparatively, Joint Stock Company Kaspi.kz has a beta of 0.66, indicating that its share price is 34% less volatile than the S&P 500.

About Payoneer Global

Payoneer Global Inc. operates as a financial technology company. It operates a payment infrastructure platform that provides customers with a one-stop, global, multi-currency account to serve their accounts receivable and accounts payable needs. The company delivers a suite of services that includes cross-border payments, physical and virtual MasterCard cards, working capital, risk management, and other services. It also offers various payment options with minimal integration required, full back-office functions, and customer support offered. The company's platform delivers bank-grade security, stability, and redundancy. It serves customers, such as small and medium-sized businesses in approximately 190 countries and territories worldwide. Payoneer Global Inc. was founded in 2005 and is headquartered in New York, New York.

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.