Valuation ForteBank

Stocks

End-of-day quote Kazakhstan S.E. 2026-10-16			5-day change	1st Jan Change
10.37 ^KZT	0.00%		-0.58%	-31.96%

08-13	ForteBank Joint Stock Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
06-18	ForteBank JSC Elects S. Levin as Member of Management Board	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	258,684	475,794	375,684	348,060	580,768	1,416,145
Change	-	83.93%	-21.04%	-7.35%	66.86%	143.84%
Enterprise Value (EV) ¹	381,843	459,530	358,812	120,275	235,874	1,377,489
Change	-	20.35%	-21.92%	-66.48%	96.11%	483.99%
P/E	4.71x	7.16x	3.76x	2.94x	3.53x	7.34x
PBR	0.95x	1.68x	1.07x	0.8x	0.99x	2.49x
PEG	-	0.3x	0.1x	0.2x	0.1x	0.4x
Capitalization / Revenue	2.46x	3.73x	2.29x	1.73x	2.1x	4.15x
EV / Revenue	3.63x	3.6x	2.18x	0.6x	0.85x	4.04x
EV / EBITDA	-	-	-	-	-	-
EV / EBIT	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-
Dividend per Share ²	-	0.5421	0.5421	0.6436	1.104	-
Rate of return	-	10.5%	13.3%	17%	17.7%	-
EPS ²	0.5943	0.7189	1.084	1.287	1.773	2.077
Distribution rate	-	75.4%	50%	50%	62.3%	-
Net sales ¹	105,138	127,568	164,391	201,676	276,145	341,236
EBITDA	-	-	-	-	-	-
EBIT	-	-	-	-	-	-
Net income ¹	52,962	64,060	98,086	116,437	160,346	190,412
Net Debt ¹	123,159	-16,264	-16,872	-227,785	-344,894	-38,656
Reference price ²	2.80	5.15	4.08	3.78	6.25	15.24
Nbr of stocks (in thousands)	92,387,104	92,387,104	92,079,524	92,079,466	92,922,892	92,922,892
Announcement Date	4/16/21	3/9/22	3/13/23	3/14/24	3/11/25	4/23/26

¹KZT in Million²KZT

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
FORTEBANK	-	-	-	-	2.13B
JPMORGAN CHASE & CO.	13.64x	-	-	1.87%	902B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	6.27x	-	-	4.95%	426B
AGRICULTURAL BANK OF CHINA LIMITED	7x	-	-	4.58%	372B
BANK OF AMERICA CORPORATION	11.54x	-	-	2.33%	355B
CHINA CONSTRUCTION BANK CORPORATION	6.33x	-	-	4.89%	338B
HSBC HOLDINGS PLC	11.7x	-	-	4.46%	326B
BANK OF CHINA LIMITED	6.94x	-	-	4.57%	312B
ROYAL BANK OF CANADA	17.25x	-	-	2.44%	274B
WELLS FARGO & COMPANY	11.43x	-	-	2.26%	252B
Average	10.23x			3.59%	355.89B
Weighted average by Cap.	10.51x			3.4%