Rasan closes at all-time high

12/01/2026 Argaam Exclusive

Rasan Information Technology Co.’s shares rose today, Jan. 12, by 4% to SAR 125.30 per share, recording their highest closing since their debut.

 

The stock hit an intra-day high of SAR 127.

Year High (SAR) Year Low (SAR)
127.00 67.70
Highest Since Debut (SAR) Lowest Since Debut (SAR)
127.00 40.70

The company has made one adjustment to its capital since listing, an employee bonus, as detailed in the table below:

Market Data :

Open 125.00
Low 124.20
High 126.20
Previous Close 125.30
Change (3M) 23.69 %
Change (6M) 38.45 %
Market Value 9,719.75
Avg. Volume (3M) 510,956.53
Avg. Turnover (3M) 57,999,375.03
Avg. Transaction (3M) 2,772.67
Change(12M) 55.27 %
YTD 8.11 %

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...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 9,688.76
Shares Outstanding ((M)) 77.51
EPS ( Riyal) (TTM) 2.54
Book Value (BV) ( Riyal) (Latest announcement) 7.76
Recurring P/E 43.92
Price/book 16.12
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) 9,114.28
EV/adj EBITDA 37.74
EV/Revenues 16.35


Analyst Estimates :

124.35

Fair Average Price

2

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral SNB Capital 116.80 134.70 15.33 %
Neutral ANB Capital 105.10 114.00 8.47 %

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