Rasan notches all-time high

21/08/2025 Argaam Exclusive

Shares of Rasan Information Technology Co. hit today, Aug. 21, the highest price since debut, reaching SAR 98.75 apiece.

Year High (SAR) Year Low (SAR)
98.75 52.20
Highest Since Debut (SAR) Lowest Since Debut (SAR)
98.75 40.70
Chart

The stock, however, closed 0.4% down at SAR 95.55.

Market Data :

Open 117.50
Low 117.50
High 120.40
Previous Close 118.30
Change (3M) 27.88 %
Change (6M) 54.36 %
Market Value 9,332.20
Avg. Volume (3M) 550,071.41
Avg. Turnover (3M) 60,677,431.13
Avg. Transaction (3M) 3,098.34
Change(12M) 63.37 %
YTD 39.35 %
Overview

The company carried out one capital adjustment, namely an employee stock grant, since listing in the Main Market (TASI) in 2024.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2025 Employee Bonuses   77.51 2.26%
2024 IPO   75.80 7.52%
Company Action

Financial Performance :

Financial Statements

Overview :

Rasan Information Technology Co. was established as a limited liability company in Riyadh in 2016, with capital of SAR 3 million, subsequently in 2022, it was converted into a closed joint stock company. The company’s actual activities are represented in providing a number of products and platforms to retail, corporate, and SMEs clients within the financial technology (fintech) sector. The firm operates across four business segments. The core business, insurance (auto & health), gener...
Profile


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 9,332.21
Shares Outstanding ((M)) 77.51
EPS ( Riyal) (TTM) 2.54
Book Value (BV) ( Riyal) (Latest announcement) 7.76
Recurring P/E 42.27
Price/book 15.52
Dividend Yield (%) (Last Year) -
Return on Average Assets (%) (TTM) 20.10
Return on Average Equity (%) (TTM) 40.55
Par Value ( Riyal) 1.00
Enterprise Value (EV) (M Riyal) 8,757.73
EV/adj EBITDA 36.26
EV/Revenues 15.71
Ratios


Analyst Estimates :

104

Fair Average Price

2

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral Al Rajhi Capital 95.20 103.00 8.19 %
Overweight Morgan Stanley International 92.15 105.00 13.94 %
Estimates

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