DB vs. KSPI: Deutsche Bank vs. Kaspi.kz Stock Comparison

Company Profile

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

Deutsche Bank (DB) carries decades of public-market history since November 18, 1996, while Kaspi.kz (KSPI) listed on January 19, 2024 — long-window comparisons have far more historical data on the DB side.

Deutsche Bank (DB) 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

Kaspi.kz (KSPI) at 44.78% sits in the top ROE quartile, while Deutsche Bank (DB) at 8.98% is closer to the peer norm — stronger capital efficiency for KSPI.

Both Deutsche Bank (DB) at 22.67% 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.

Deutsche Bank (DB) at 33.58% runs core operations around its industry’s norm, while Kaspi.kz (KSPI) at 0.00% operates in the bottom quartile.

Profitability Metrics

Growth

Kaspi.kz (KSPI) at 59.78% sits in the top revenue growth quartile, while Deutsche Bank (DB) at 6.83% is closer to the peer norm — faster top-line expansion for KSPI.

Deutsche Bank (DB) at 130.39% sits in the top EPS growth quartile, while Kaspi.kz (KSPI) at 2.96% is closer to the peer norm — faster per-share earnings growth for DB.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Deutsche Bank (DB) 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: Deutsche Bank (DB) 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 Deutsche Bank (DB) reports a yield of 2.75%, ranking against industry peers normally.

Both Deutsche Bank (DB) at 30.04% and Kaspi.kz (KSPI) at 33.12% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

Dividend Metrics

Valuation

Both Deutsche Bank (DB) at 9.00 and Kaspi.kz (KSPI) at 8.40 sit in the cheaper earnings-multiple quartile for P/E ratio, with the market paying less for a dollar of trailing earnings than it pays for typical peers.

A sales-based read is only available for Deutsche Bank (DB), whose P/S ratio of 2.11 ranks against industry peers; Kaspi.kz (KSPI) reports no figure this period.

Relative to net asset value, both Deutsche Bank (DB) at 0.72 and Kaspi.kz (KSPI) at 0.01 look inexpensive, sitting in the lower P/B ratio quartile of their industries.

Valuation Metrics