Rasan notches all-time high
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 |
Market Data :
Open | 95.70 |
Low | 95.30 |
High | 98.75 |
Previous Close | 95.90 |
Change (3M) | 12.68 % |
Change (6M) | 7.12 % |
Market Value | 7,406.08 |
Avg. Volume (3M) | 421,161.31 |
Avg. Turnover (3M) | 36,761,611.13 |
Avg. Transaction (3M) | 2,741.15 |
Change(12M) | 71.24 % |
YTD | 10.59 % |
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% |
Financial Performance :
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...
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Financial Ratios :
Financial Ratio | Current |
Market Cap (M Riyal) | 7,406.09 |
Shares Outstanding ((M)) | 77.51 |
EPS ( | ) (TTM)1.95 |
Book Value (BV) ( Riyal) (Latest announcement) | 6.55 |
Recurring P/E | 46.22 |
Price/book | 14.60 |
Dividend Yield (%) (Last Year) | - |
Return on Average Assets (%) (TTM) | 19.85 |
Return on Average Equity (%) (TTM) | 36.00 |
Par Value ( Riyal) | 1.00 |
Enterprise Value (EV) (M Riyal) | 6,871.66 |
EV/adj EBITDA | 38.85 |
EV/Revenues | 14.54 |
No upcoming events available
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 % |
Call Request
Comments Analysis: