IBM vs. KSPI: A Head-to-Head Stock Comparison

Updated on August 27, 2025

Here’s a clear look at IBM and KSPI, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

IBM is a standard domestic listing, while KSPI trades as an American Depositary Receipt (ADR), offering U.S. investors access to its foreign-listed shares.

Symbol	IBM	KSPI
Company Name	International Business Machines Corporation	Joint Stock Company Kaspi.kz
Country	United States	Kazakhstan
GICS Sector	Information Technology	Financials
GICS Industry	IT Services	Consumer Finance
Market Capitalization	223.03 billion USD	17.98 billion USD
Exchange	NYSE	NasdaqGS
Listing Date	January 2, 1962	January 19, 2024
Security Type	Common Stock	ADR

Historical Performance

This chart compares the performance of IBM and KSPI by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

IBM vs. KSPI: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	IBM	KSPI
5-Day Price Return	-0.77%	-1.65%
13-Week Price Return	-7.33%	14.35%
26-Week Price Return	-9.42%	-11.23%
52-Week Price Return	22.18%	-25.61%
Month-to-Date Return	-5.42%	17.26%
Year-to-Date Return	8.92%	-2.31%
10-Day Avg. Volume	4.31M	0.24M
3-Month Avg. Volume	4.58M	0.30M
3-Month Volatility	24.35%	41.41%
Beta	0.69	0.89

Profitability

Return on Equity (TTM)

IBM

21.99%

IT Services Industry

Max: 29.51%
Q3: 16.98%
Median: 13.47%
Q1: 7.93%
Min: -3.97%

In the upper quartile for the IT Services industry, IBM’s Return on Equity of 21.99% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

KSPI

74.52%

Consumer Finance Industry

Max: 32.87%
Q3: 20.39%
Median: 14.14%
Q1: 7.64%
Min: -10.63%

KSPI’s Return on Equity of 74.52% is exceptionally high, placing it well beyond the typical range for the Consumer Finance industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

IBM vs. KSPI: A comparison of their Return on Equity (TTM) against their respective IT Services and Consumer Finance industry benchmarks.

Net Profit Margin (TTM)

IBM

9.11%

IT Services Industry

Max: 19.82%
Q3: 11.49%
Median: 6.67%
Q1: 3.61%
Min: -4.62%

IBM’s Net Profit Margin of 9.11% is aligned with the median group of its peers in the IT Services industry. This indicates its ability to convert revenue into profit is typical for the sector.

KSPI

Consumer Finance Industry

Max: 19.68%
Q3: 15.94%
Median: 13.37%
Q1: 9.73%
Min: 3.66%

Net Profit Margin data for KSPI is currently unavailable.

IBM vs. KSPI: A comparison of their Net Profit Margin (TTM) against their respective IT Services and Consumer Finance industry benchmarks.

Operating Profit Margin (TTM)

IBM

9.77%

IT Services Industry

Max: 21.69%
Q3: 14.50%
Median: 10.06%
Q1: 6.98%
Min: 0.06%

IBM’s Operating Profit Margin of 9.77% is around the midpoint for the IT Services industry, indicating that its efficiency in managing core business operations is typical for the sector.

KSPI

Consumer Finance Industry

Max: 50.11%
Q3: 29.38%
Median: 18.31%
Q1: 14.26%
Min: -5.45%

Operating Profit Margin data for KSPI is currently unavailable.

IBM vs. KSPI: A comparison of their Operating Profit Margin (TTM) against their respective IT Services and Consumer Finance industry benchmarks.

Profitability at a Glance

Symbol	IBM	KSPI
Return on Equity (TTM)	21.99%	74.52%
Return on Assets (TTM)	4.12%	13.24%
Net Profit Margin (TTM)	9.11%	--
Operating Profit Margin (TTM)	9.77%	--
Gross Profit Margin (TTM)	57.57%	--

Financial Strength

Current Ratio (MRQ)

IBM

0.91

IT Services Industry

Max: 2.42
Q3: 1.81
Median: 1.47
Q1: 1.09
Min: 0.44

IBM’s Current Ratio of 0.91 falls into the lower quartile for the IT Services industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

KSPI

Consumer Finance Industry

Max: 5.34
Q3: 4.21
Median: 2.67
Q1: 0.71
Min: 0.20

For the Consumer Finance industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

IBM vs. KSPI: A comparison of their Current Ratio (MRQ) against their respective IT Services and Consumer Finance industry benchmarks.

Debt-to-Equity Ratio (MRQ)

IBM

2.33

IT Services Industry

Max: 2.33
Q3: 1.17
Median: 0.54
Q1: 0.15
Min: 0.00

IBM’s leverage is in the upper quartile of the IT Services industry, with a Debt-to-Equity Ratio of 2.33. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

KSPI

0.23

Consumer Finance Industry

Max: 6.63
Q3: 3.39
Median: 2.21
Q1: 0.94
Min: 0.00

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Consumer Finance industry.

IBM vs. KSPI: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective IT Services and Consumer Finance industry benchmarks.

Interest Coverage Ratio (TTM)

IBM

45.57

IT Services Industry

Max: 144.50
Q3: 84.49
Median: 13.76
Q1: 2.59
Min: -28.13

IBM’s Interest Coverage Ratio of 45.57 is positioned comfortably within the norm for the IT Services industry, indicating a standard and healthy capacity to cover its interest payments.

KSPI

Consumer Finance Industry

Max: 49.63
Q3: 39.33
Median: 4.56
Q1: 2.97
Min: -15.69

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Consumer Finance industry.

IBM vs. KSPI: A comparison of their Interest Coverage Ratio (TTM) against their respective IT Services and Consumer Finance industry benchmarks.

Financial Strength at a Glance

Symbol	IBM	KSPI
Current Ratio (MRQ)	0.91	--
Quick Ratio (MRQ)	0.80	--
Debt-to-Equity Ratio (MRQ)	2.33	0.23
Interest Coverage Ratio (TTM)	45.57	--

Growth

Revenue Growth

IBM vs. KSPI: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

IBM vs. KSPI: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

IBM

2.76%

IT Services Industry

Max: 2.80%
Q3: 1.74%
Median: 0.62%
Q1: 0.00%
Min: 0.00%

With a Dividend Yield of 2.76%, IBM offers a more attractive income stream than most of its peers in the IT Services industry, signaling a strong commitment to shareholder returns.

KSPI

6.73%

Consumer Finance Industry

Max: 8.31%
Q3: 3.93%
Median: 2.51%
Q1: 0.84%
Min: 0.00%

With a Dividend Yield of 6.73%, KSPI offers a more attractive income stream than most of its peers in the Consumer Finance industry, signaling a strong commitment to shareholder returns.

IBM vs. KSPI: A comparison of their Dividend Yield (TTM) against their respective IT Services and Consumer Finance industry benchmarks.

Dividend Payout Ratio (TTM)

IBM

75.57%

IT Services Industry

Max: 147.75%
Q3: 63.58%
Median: 24.63%
Q1: 0.00%
Min: 0.00%

IBM’s Dividend Payout Ratio of 75.57% is in the upper quartile for the IT Services industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.

KSPI

78.77%

Consumer Finance Industry

Max: 145.89%
Q3: 88.53%
Median: 23.79%
Q1: 0.00%
Min: 0.00%

KSPI’s Dividend Payout Ratio of 78.77% is within the typical range for the Consumer Finance industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

IBM vs. KSPI: A comparison of their Dividend Payout Ratio (TTM) against their respective IT Services and Consumer Finance industry benchmarks.

Dividend at a Glance

Symbol	IBM	KSPI
Dividend Yield (TTM)	2.76%	6.73%
Dividend Payout Ratio (TTM)	75.57%	78.77%

Valuation

Price-to-Earnings Ratio (TTM)

IBM

38.56

IT Services Industry

Max: 41.55
Q3: 31.54
Median: 23.25
Q1: 18.12
Min: 6.57

A P/E Ratio of 38.56 places IBM in the upper quartile for the IT Services industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

KSPI

8.93

Consumer Finance Industry

Max: 34.39
Q3: 20.36
Median: 13.05
Q1: 9.29
Min: 4.74

In the lower quartile for the Consumer Finance industry, KSPI’s P/E Ratio of 8.93 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

IBM vs. KSPI: A comparison of their Price-to-Earnings Ratio (TTM) against their respective IT Services and Consumer Finance industry benchmarks.

Price-to-Sales Ratio (TTM)

IBM

3.51

IT Services Industry

Max: 6.61
Q3: 4.37
Median: 2.02
Q1: 1.20
Min: 0.19

IBM’s P/S Ratio of 3.51 aligns with the market consensus for the IT Services industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

KSPI

Consumer Finance Industry

Max: 4.28
Q3: 2.67
Median: 1.88
Q1: 1.15
Min: 0.55

P/S Ratio data for KSPI is currently unavailable.

IBM vs. KSPI: A comparison of their Price-to-Sales Ratio (TTM) against their respective IT Services and Consumer Finance industry benchmarks.

Price-to-Book Ratio (MRQ)

IBM

9.96

IT Services Industry

Max: 11.19
Q3: 6.38
Median: 3.47
Q1: 2.31
Min: 0.96

IBM’s P/B Ratio of 9.96 is in the upper tier for the IT Services industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

KSPI

5.70

Consumer Finance Industry

Max: 3.63
Q3: 2.40
Median: 1.96
Q1: 1.16
Min: 0.26

At 5.70, KSPI’s P/B Ratio is at an extreme premium to the Consumer Finance industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

IBM vs. KSPI: A comparison of their Price-to-Book Ratio (MRQ) against their respective IT Services and Consumer Finance industry benchmarks.

Valuation at a Glance

Symbol	IBM	KSPI
Price-to-Earnings Ratio (TTM)	38.56	8.93
Price-to-Sales Ratio (TTM)	3.51	--
Price-to-Book Ratio (MRQ)	9.96	5.70
Price-to-Free Cash Flow Ratio (TTM)	19.13	14.23