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

Updated on August 29, 2025

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

Company Profile

Both KSPI and NOK are American Depositary Receipts (ADRs). This provides U.S. investors with straightforward access to investing in these foreign-listed companies.

Symbol	KSPI	NOK
Company Name	Joint Stock Company Kaspi.kz	Nokia Oyj
Country	Kazakhstan	Finland
GICS Sector	Financials	Information Technology
GICS Industry	Consumer Finance	Communications Equipment
Market Capitalization	17.73 billion USD	23.24 billion USD
Exchange	NasdaqGS	NYSE
Listing Date	January 19, 2024	July 1, 1994
Security Type	ADR	ADR

Historical Performance

This chart compares the performance of KSPI and NOK 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.

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

Historical Performance at a Glance

Symbol	KSPI	NOK
5-Day Price Return	1.20%	1.30%
13-Week Price Return	12.08%	-21.89%
26-Week Price Return	-9.47%	-23.41%
52-Week Price Return	-26.18%	-30.85%
Month-to-Date Return	17.21%	2.34%
Year-to-Date Return	-2.35%	-14.10%
10-Day Avg. Volume	0.25M	8.83M
3-Month Avg. Volume	0.30M	9.51M
3-Month Volatility	41.56%	29.84%
Beta	0.89	0.81

Profitability

Return on Equity (TTM)

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.

NOK

5.01%

Communications Equipment Industry

Max: 32.05%
Q3: 19.58%
Median: 11.77%
Q1: 2.23%
Min: -11.93%

NOK’s Return on Equity of 5.01% is on par with the norm for the Communications Equipment industry, indicating its profitability relative to shareholder equity is typical for the sector.

KSPI vs. NOK: A comparison of their Return on Equity (TTM) against their respective Consumer Finance and Communications Equipment industry benchmarks.

Net Profit Margin (TTM)

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.

NOK

5.31%

Communications Equipment Industry

Max: 23.65%
Q3: 14.32%
Median: 5.31%
Q1: 1.45%
Min: -12.72%

NOK’s Net Profit Margin of 5.31% is aligned with the median group of its peers in the Communications Equipment industry. This indicates its ability to convert revenue into profit is typical for the sector.

KSPI vs. NOK: A comparison of their Net Profit Margin (TTM) against their respective Consumer Finance and Communications Equipment industry benchmarks.

Operating Profit Margin (TTM)

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.

NOK

6.21%

Communications Equipment Industry

Max: 42.27%
Q3: 18.90%
Median: 6.21%
Q1: 2.97%
Min: -20.72%

NOK’s Operating Profit Margin of 6.21% is around the midpoint for the Communications Equipment industry, indicating that its efficiency in managing core business operations is typical for the sector.

KSPI vs. NOK: A comparison of their Operating Profit Margin (TTM) against their respective Consumer Finance and Communications Equipment industry benchmarks.

Profitability at a Glance

Symbol	KSPI	NOK
Return on Equity (TTM)	74.52%	5.01%
Return on Assets (TTM)	13.24%	2.68%
Net Profit Margin (TTM)	--	5.31%
Operating Profit Margin (TTM)	--	6.21%
Gross Profit Margin (TTM)	--	44.23%

Financial Strength

Current Ratio (MRQ)

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.

NOK

1.46

Communications Equipment Industry

Max: 1.72
Q3: 1.72
Median: 1.46
Q1: 1.18
Min: 0.93

NOK’s Current Ratio of 1.46 aligns with the median group of the Communications Equipment industry, indicating that its short-term liquidity is in line with its sector peers.

KSPI vs. NOK: A comparison of their Current Ratio (MRQ) against their respective Consumer Finance and Communications Equipment industry benchmarks.

Debt-to-Equity Ratio (MRQ)

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.

NOK

0.21

Communications Equipment Industry

Max: 1.55
Q3: 0.92
Median: 0.55
Q1: 0.30
Min: 0.00

Falling into the lower quartile for the Communications Equipment industry, NOK’s Debt-to-Equity Ratio of 0.21 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

KSPI vs. NOK: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Consumer Finance and Communications Equipment industry benchmarks.

Interest Coverage Ratio (TTM)

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.

NOK

34.19

Communications Equipment Industry

Max: 181.73
Q3: 113.63
Median: 7.59
Q1: 3.82
Min: -5.39

NOK’s Interest Coverage Ratio of 34.19 is positioned comfortably within the norm for the Communications Equipment industry, indicating a standard and healthy capacity to cover its interest payments.

KSPI vs. NOK: A comparison of their Interest Coverage Ratio (TTM) against their respective Consumer Finance and Communications Equipment industry benchmarks.

Financial Strength at a Glance

Symbol	KSPI	NOK
Current Ratio (MRQ)	--	1.46
Quick Ratio (MRQ)	--	1.21
Debt-to-Equity Ratio (MRQ)	0.23	0.21
Interest Coverage Ratio (TTM)	--	34.19

Growth

Revenue Growth

KSPI vs. NOK: 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

KSPI vs. NOK: 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)

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.

NOK

3.61%

Communications Equipment Industry

Max: 3.88%
Q3: 2.75%
Median: 0.93%
Q1: 0.00%
Min: 0.00%

With a Dividend Yield of 3.61%, NOK offers a more attractive income stream than most of its peers in the Communications Equipment industry, signaling a strong commitment to shareholder returns.

KSPI vs. NOK: A comparison of their Dividend Yield (TTM) against their respective Consumer Finance and Communications Equipment industry benchmarks.

Dividend Payout Ratio (TTM)

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.

NOK

50.74%

Communications Equipment Industry

Max: 111.16%
Q3: 55.91%
Median: 28.42%
Q1: 0.00%
Min: 0.00%

NOK’s Dividend Payout Ratio of 50.74% is within the typical range for the Communications Equipment industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

KSPI vs. NOK: A comparison of their Dividend Payout Ratio (TTM) against their respective Consumer Finance and Communications Equipment industry benchmarks.

Dividend at a Glance

Symbol	KSPI	NOK
Dividend Yield (TTM)	6.73%	3.61%
Dividend Payout Ratio (TTM)	78.77%	50.74%

Valuation

Price-to-Earnings Ratio (TTM)

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.

NOK

19.25

Communications Equipment Industry

Max: 57.30
Q3: 47.92
Median: 27.50
Q1: 17.89
Min: 13.89

NOK’s P/E Ratio of 19.25 is within the middle range for the Communications Equipment industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

KSPI vs. NOK: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Consumer Finance and Communications Equipment industry benchmarks.

Price-to-Sales Ratio (TTM)

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.

NOK

1.02

Communications Equipment Industry

Max: 11.03
Q3: 5.53
Median: 2.20
Q1: 0.99
Min: 0.40

NOK’s P/S Ratio of 1.02 aligns with the market consensus for the Communications Equipment industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

KSPI vs. NOK: A comparison of their Price-to-Sales Ratio (TTM) against their respective Consumer Finance and Communications Equipment industry benchmarks.

Price-to-Book Ratio (MRQ)

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.

NOK

1.21

Communications Equipment Industry

Max: 9.66
Q3: 5.60
Median: 3.73
Q1: 2.67
Min: 0.30

NOK’s P/B Ratio of 1.21 is in the lower quartile for the Communications Equipment industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.

KSPI vs. NOK: A comparison of their Price-to-Book Ratio (MRQ) against their respective Consumer Finance and Communications Equipment industry benchmarks.

Valuation at a Glance

Symbol	KSPI	NOK
Price-to-Earnings Ratio (TTM)	8.93	19.25
Price-to-Sales Ratio (TTM)	--	1.02
Price-to-Book Ratio (MRQ)	5.70	1.21
Price-to-Free Cash Flow Ratio (TTM)	14.23	13.27