Rasan notches all-time high
TASI-listed Rasan Information Technology Co.’s shares hit today, Oct. 27, their highest level since debut at SAR 111.
Rasan is trading 6% higher, with a trading volume of more than one million shares.
The insurance services provider announced today a 125% year-on-year (YoY) surge in Q3 2025 net earnings to SAR 82.3 million.
| Year High (SAR) | Year Low (SAR) |
| 111.00 | 67.70 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 111.00 | 40.70 |
Year to date, the stock has gained nearly 50%.
Market Data :
| Open | 106.00 |
| Low | 105.60 |
| High | 111.00 |
| Previous Close | 103.30 |
| Change (3M) | 21.17 % |
| Change (6M) | 23.27 % |
| Market Value | 8,518.35 |
| Avg. Volume (3M) | 411,105.74 |
| Avg. Turnover (3M) | 39,806,105.55 |
| Avg. Transaction (3M) | 2,780.38 |
| Change(12M) | 51.47 % |
| YTD | 19.56 % |
The company has made one capital adjustment since its listing, which was an employee share grant, as shown in the table below:
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) | 8,526.11 |
| Shares Outstanding ((M)) | 77.51 |
| EPS ( ) (TTM) | 2.54 |
| Book Value (BV) ( Riyal) (Latest announcement) | 7.76 |
| Recurring P/E | 38.40 |
| Price/book | 14.18 |
| 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) | 7,991.68 |
| EV/adj EBITDA | - |
| EV/Revenues | 14.34 |
No upcoming events available
Analyst Estimates :
106.67
Fair Average Price
3
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Buy | Roemer Capital | 92.30 | 112.00 | 21.34 % | |
| Neutral | Al Rajhi Capital | 95.20 | 103.00 | 8.19 % | |
| Overweight | Morgan Stanley International | 92.15 | 105.00 | 13.94 % |
Call Request
Comments Analysis: