WallStSmart

Apple Inc. (AAPL)vsJoint Stock Company Kaspi.kz (KSPI)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Joint Stock Company Kaspi.kz generates 680% more annual revenue ($3.64T vs $466.82B). AAPL leads profitability with a 27.6% profit margin vs 24.1%. KSPI trades at a lower P/E of 8.4x. AAPL earns a higher WallStSmart Score of 67/100 (B-).

AAPL

Strong Buy

67

out of 100

Grade: B-

Growth: 6.7Profit: 10.0Value: 4.3Quality: 6.5
Piotroski: 7/9Altman Z: 2.42

KSPI

Buy

53

out of 100

Grade: C-

Growth: 6.7Profit: 7.5Value: 6.7Quality: 6.8
Piotroski: 5/9

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AAPL6 strengths · Avg: 9.5/10
Market CapQuality
$4.85T10/10

Mega-cap, among the largest globally

Return on EquityProfitability
119.9%10/10

Every $100 of equity generates 120 in profit

Operating MarginProfitability
32.6%10/10

Strong operational efficiency at 32.6%

Free Cash FlowQuality
$31.91B10/10

Generating 31.9B in free cash flow

Profit MarginProfitability
27.6%9/10

Keeps 28 of every $100 in revenue as profit

Revenue GrowthGrowth
16.4%8/10

16.4% revenue growth

KSPI5 strengths · Avg: 9.8/10
P/E RatioValuation
8.4x10/10

Attractively priced relative to earnings

Price/BookValuation
0.0x10/10

Reasonable price relative to book value

Return on EquityProfitability
39.5%10/10

Every $100 of equity generates 39 in profit

Free Cash FlowQuality
$655.01B10/10

Generating 655.0B in free cash flow

Profit MarginProfitability
24.1%9/10

Keeps 24 of every $100 in revenue as profit

Areas to Watch

AAPL3 concerns · Avg: 3.3/10
PEG RatioValuation
2.484/10

Expensive relative to growth rate

P/E RatioValuation
37.5x4/10

Premium valuation, high expectations priced in

Price/BookValuation
45.1x2/10

Trading at 45.1x book value

KSPI2 concerns · Avg: 3.5/10
EPS GrowthGrowth
0.2%4/10

0.2% earnings growth

Operating MarginProfitability
0.0%3/10

Operating margin of 0.0%

Comparative Analysis Report

WallStSmart Research

Bull Case : AAPL

The strongest argument for AAPL centers on Market Cap, Return on Equity, Operating Margin. Profitability is solid with margins at 27.6% and operating margin at 32.6%. Revenue growth of 16.4% demonstrates continued momentum.

Bull Case : KSPI

The strongest argument for KSPI centers on P/E Ratio, Price/Book, Return on Equity. Profitability is solid with margins at 24.1%. Revenue growth of 13.6% demonstrates continued momentum.

Bear Case : AAPL

The primary concerns for AAPL are PEG Ratio, P/E Ratio, Price/Book.

Bear Case : KSPI

The primary concerns for KSPI are EPS Growth, Operating Margin.

Key Dynamics to Monitor

AAPL profiles as a growth stock while KSPI is a mature play — different risk/reward profiles.

AAPL carries more volatility with a beta of 1.08 — expect wider price swings.

AAPL is growing revenue faster at 16.4% — sustainability is the question.

KSPI generates stronger free cash flow (655.0B), providing more financial flexibility.

Bottom Line

AAPL scores higher overall (67/100 vs 53/100), backed by strong 27.6% margins and 16.4% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Apple Inc.

TECHNOLOGY · CONSUMER ELECTRONICS · USA

Apple Inc. is an American multinational technology company that specializes in consumer electronics, computer software, and online services. Apple is the world's largest technology company by revenue (totalling $274.5 billion in 2020) and, since January 2021, the world's most valuable company. As of 2021, Apple is the world's fourth-largest PC vendor by unit sales, and fourth-largest smartphone manufacturer. It is one of the Big Five American information technology companies, along with Amazon, Google, Microsoft, and Facebook.

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Joint Stock Company Kaspi.kz

TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · USA

Joint Stock Company Kaspi.kz is a leading fintech and digital services provider in Kazakhstan, specializing in digital banking, e-commerce, and payment processing solutions. Leveraging advanced technology, the company is committed to enhancing financial inclusion and delivering tailored services to millions of users in the region. Its strategic positioning within a rapidly growing market and the increasing demand for innovative financial solutions in Central Asia make Kaspi.kz a compelling investment opportunity for institutional investors seeking to tap into high-growth emerging markets.

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