Rasan Information Technology Company, a financial technology company, provides insurance and financial services in the Kingdom of Saudi Arabia. The company operates Tameeni, an online insurance aggregator; Treza, a technology enabler for banks, insurance companies, and intermediaries; Awal Mazad, an online auto auction platform; R2, a data analytics solution designed for insurance companies to enhance and streamline portfolio performance monitoring, pricing, reserving, and other activities; and R3, a data-driven tool designed for deep portfolio insights, real-time market intelligence, and decision-making for motor leasing companies. It also engages in computer systems and communication equipment software design; analysis and design of programs, databases, applications, and related services; vehicle auction, towing, and storage; electronic publishing; online wholesale; design and customization of program software, interface design, and user experience and application development; and digital finance brokerage activities. In addition, the company is involved in software maintenance and web page design, setting up web page hosting infrastructure, electronic insurance brokerage, online auto auction and leasing insurance, and SMS and website design. 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 | 42.0x | 17.0x | 9.6x | |
PEG Ratio | 0.27 | 0.04 | 0.03 | |
Price/Book | 14.7x | 1.9x | 1.0x | |
Price / LTM Sales | 15.9x | 1.4x | 2.8x | |
Upside (Analyst Target) | 4.7% | 80.7% | 20.1% | |
Fair Value Upside | Unlock | 29.6% | 2.6% | Unlock |