29/01/2025 Argaam Exclusive
AI Summary
Shares of Rasan Information Technology Co. gained 3% today, Jan. 29, at SAR 93.40 to record the highest close since debut on the Saudi Exchange (Tadawul), data compiled by Argaam showed.
The stock hit an intraday high today at SAR 96.20.
| Year High (SAR) | Year Low (SAR) |
| 96.20 | 40.70 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 96.20 | 40.70 |
Compared to the listing price of SAR 37 per share, the stock’s price jumped 152%.
| Open | 113.00 |
| Low | 113.00 |
| High | 119.30 |
| Previous Close | 116.80 |
| Change (3M) | 28.17 % |
| Change (6M) | 47.32 % |
| Market Value | 9,169.43 |
| Avg. Volume (3M) | 556,027.17 |
| Avg. Turnover (3M) | 60,953,764.47 |
| Avg. Transaction (3M) | 3,100.11 |
| Change(12M) | 63.17 % |
| YTD | 36.92 % |
The company has not amended its capital since listing on Tadawul in June 2024.
However, Rasan shareholders are set to vote on increasing the company's capital by 2.25% to be allocated for the employee stock program (long-term incentive plan), in an extraordinary general meeting (EGM) to be held on Feb. 6.
| Date | Type | Capital (M Riyal) | Change (%) |
| 2025 | Employee Bonuses | 77.51 | 2.26% |
| 2024 | IPO | 75.80 | 7.52% |
| Financial Ratio | Current |
| Market Cap (M Riyal) | 9,169.44 |
| Shares Outstanding ((M)) | 77.51 |
| EPS ( ) (TTM) | 2.54 |
| Book Value (BV) ( Riyal) (Latest announcement) | 7.76 |
| Recurring P/E | 41.54 |
| Price/book | 15.25 |
| 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) | 8,594.96 |
| EV/adj EBITDA | 35.59 |
| EV/Revenues | 15.42 |
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