Rasan Information Technology Company provides insurance and financial services in the Kingdom of Saudi Arabia. The company operates online wholesale, electronic publishing, ready software publishing, systems analysis, design and customization of program software’s, software maintenance and web page design, setting up of web page hosting infrastructure, providing SMS design, and website design. It provides insurance aggregator, online auto auction and online leasing insurance services. In addition, the company offers Tameeni, which provides motor, life, health, general insurances; Treza, a technology enabler for banks, insurance companies, and intermediaries; R2, a data analytics solution for insurance companies; R3 data-driven tool for motor leasing companies; Awal mazad, an online auto auction platform; and Tameeni Hero, vehicle accident assistance and claim management; as well as value-added vehicle-related services. It also engages in computer systems and communication equipment software design; analysis and design of programs, databases, and applications; vehicle’s auction, towing, and storage; design and program special software, interface design, and user experience and application development; and digital finance brokerage activities. Rasan Information Technology Company was incorporated in 2016 and is based in Riyadh, Saudi Arabia.
Metrics to compare | 8313 | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship Relationship8313PeersSector | |
|---|---|---|---|---|
P/E Ratio | 41.5x | 17.2x | 9.5x | |
PEG Ratio | 0.27 | 0.03 | 0.03 | |
Price/Book | 14.5x | 2.1x | 1.0x | |
Price / LTM Sales | 15.7x | 1.4x | 2.8x | |
Upside (Analyst Target) | 6.1% | 80.9% | 22.6% | |
Fair Value Upside | Unlock | 36.4% | 3.2% | Unlock |