ARES vs. KSPI: Ares Management vs. Kaspi.kz Stock Comparison

Company Profile

Ares Management (ARES) and Kaspi.kz (KSPI) both fall under the Financial Services industry group, but ARES is classified in Capital Markets while KSPI is classified in Consumer Finance.

Ares Management (ARES) has been public since May 2, 2014, giving it a longer listed trading history, while Kaspi.kz (KSPI) listed on January 19, 2024 and still has a shorter public-market record.

Ares Management (ARES) trades as ordinary local shares, while Kaspi.kz (KSPI) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Capital efficiency shows on one side only: Kaspi.kz (KSPI) earns 44.78% on shareholders’ equity, ranked against its industry; Ares Management (ARES) has no ROE this period.

Both Ares Management (ARES) at 8.69% and Kaspi.kz (KSPI) at 24.15% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

Both Ares Management (ARES) at 2.89% and Kaspi.kz (KSPI) at 0.00% generate less operating profit per sales dollar than peers, sitting in the lower operating margin quartile of their industries.

Profitability Metrics

Growth

Both Ares Management (ARES) at 44.19% and Kaspi.kz (KSPI) at 59.78% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

Both Ares Management (ARES) at -16.67% and Kaspi.kz (KSPI) at 2.96% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Ares Management (ARES) in Financial Services and Kaspi.kz (KSPI) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

debt-to-equity ratio is set aside for both: Ares Management (ARES) in Financial Services and Kaspi.kz (KSPI) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Dividends

Kaspi.kz (KSPI) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Ares Management (ARES) reports a yield of 3.87%, ranking against industry peers normally.

Ares Management (ARES) reports payout ratio above 100% at 423.77%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Kaspi.kz (KSPI) reports 33.12%, ranking against industry peers normally.

Dividend Metrics

Valuation

Kaspi.kz (KSPI) at 8.40 sits in the cheaper P/E ratio quartile, while Ares Management (ARES) at 109.82 trades above its peer range — a wide earnings-valuation gap relative to industry peers.

A sales-based read is only available for Ares Management (ARES), whose P/S ratio of 8.92 ranks against industry peers; Kaspi.kz (KSPI) reports no figure this period.

Kaspi.kz (KSPI) at 0.01 sits in the lower P/B ratio quartile relative to book while Ares Management (ARES) at 12.15 prices above its industry range — a wide valuation gap against assets.

Valuation Metrics