Valuation ForteBank

Stocks

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

14/08	ForteBank Joint Stock Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
18/06	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	2,58,684	4,75,794	3,75,684	3,48,060	5,80,768	14,16,145
Change	-	83.93%	-21.04%	-7.35%	66.86%	143.84%
Enterprise Value (EV) ¹	3,81,843	4,59,530	3,58,812	1,20,275	2,35,874	13,77,489
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	1,05,138	1,27,568	1,64,391	2,01,676	2,76,145	3,41,236
EBITDA	-	-	-	-	-	-
EBIT	-	-	-	-	-	-
Net income ¹	52,962	64,060	98,086	1,16,437	1,60,346	1,90,412
Net Debt ¹	1,23,159	-16,264	-16,872	-2,27,785	-3,44,894	-38,656
Reference price ²	2.80	5.15	4.08	3.78	6.25	15.24
Nbr of stocks (in thousands)	9,23,87,104	9,23,87,104	9,20,79,524	9,20,79,466	9,29,22,892	9,29,22,892
Announcement Date	16/04/21	09/03/22	13/03/23	14/03/24	11/03/25	23/04/26

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	-	-	-	-	212.98Cr
JPMORGAN CHASE & CO.	13.64x	-	-	1.87%	90TCr
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	6.27x	-	-	4.95%	43TCr
AGRICULTURAL BANK OF CHINA LIMITED	7x	-	-	4.58%	37TCr
BANK OF AMERICA CORPORATION	11.54x	-	-	2.33%	35TCr
CHINA CONSTRUCTION BANK CORPORATION	6.33x	-	-	4.89%	34TCr
HSBC HOLDINGS PLC	11.7x	-	-	4.46%	33TCr
BANK OF CHINA LIMITED	6.94x	-	-	4.57%	31TCr
ROYAL BANK OF CANADA	17.25x	-	-	2.44%	27TCr
WELLS FARGO & COMPANY	11.43x	-	-	2.26%	25TCr
Average	10.23x			3.59%	35.59TCr
Weighted average by Cap.	10.51x			3.4%