Joint Stock Kaspi.kz American Depository Shares (KSPI) vs Zscaler (ZS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Joint Stock Kaspi.kz American Depository Shares (KSPI) has outperformed Zscaler (ZS) over the past year, gaining 22.8% versus a loss of 25.8%. Zscaler is the larger company by market cap ($38.11 billion vs $17.67 billion), about 2.2 times the size. On valuation, Joint Stock Kaspi.kz American Depository Shares trades at a lower forward P/E (0.0x vs 41.7x for Zscaler).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | KSPI | ZS |
|---|---|---|
| Share price | $92.99 | $233.73 |
| Market cap | $17.67B | $38.11B |
| 1-day change | +0.17% | +7.80% |
| YTD return | +19.02% | +3.92% |
| 1-year return | +22.84% | -25.85% |
| 5-year return | — | -20.15% |
| P/E ratio (TTM) | 8.52 | — |
| Forward P/E | 0.01 | 41.72 |
| EPS (TTM) | $10.91 | $-0.39 |
| Dividend yield | 6.17% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | — | $3.35B |
| Revenue growth (YoY) | — | +25.42% |
| Net income (latest FY) | — | $-63.18M |
| Gross margin | — | 76.80% |
| Operating margin | — | -3.98% |
| Net margin | — | -1.88% |
| 52-week high | $109.94 | $336.99 |
| 52-week low | $68.59 | $114.63 |
| Distance from 52-week high | -15.42% | -30.64% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +14.46% | -0.15% |
| Average volume | 543.85K | 2.82M |
| Shares outstanding | 190.03M | 163.05M |
| Employees | 14,008 | 8,700 |
| Sector | Technology | Technology |
| Industry | Software - Infrastructure | Software - Infrastructure |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Zscaler is about 2.2 times larger than Joint Stock Kaspi.kz American Depository Shares by market value ($38.11B vs $17.67B).
- KSPI has outperformed ZS by 48.7 percentage points over the past year.
- Joint Stock Kaspi.kz American Depository Shares offers a meaningfully higher dividend yield (6.17% vs 0.00%).
About Joint Stock Kaspi.kz American Depository Shares
KSPI stock →Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in Kazakhstan, Azerbaijan, and Ukraine. The company operates through three segments: Payments, Marketplace, and Fintech.
Technology · Software - Infrastructure · 14,008 employees
About Zscaler
ZS stock →Zscaler, Inc. operates as a cloud security company worldwide.
Technology · Software - Infrastructure · 8,700 employees
KSPI vs ZS FAQ
Which is bigger, Joint Stock Kaspi.kz American Depository Shares or Zscaler?
Zscaler (ZS) is larger, with a market capitalization of $38.11B compared with $17.67B for Joint Stock Kaspi.kz American Depository Shares (KSPI).
Which stock has performed better over the past year, KSPI or ZS?
KSPI returned +22.84% over the past 12 months, compared with -25.85% for ZS (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Joint Stock Kaspi.kz American Depository Shares or Zscaler?
Joint Stock Kaspi.kz American Depository Shares pays a dividend yielding 6.17%, while Zscaler does not currently pay a regular dividend.
Are Joint Stock Kaspi.kz American Depository Shares and Zscaler in the same industry?
Yes. Both are classified in the Software - Infrastructure industry within the Technology sector.