Rasan Information Technology Company, a financial technology company, provides insurance and financial services in the Kingdom of Saudi Arabia. The company operates Tameeni, which allows customers to compare, buy, or renew insurance from a network of insurance providers; Treza, an insurance solution designed for motor leasing providers and their customers; Awalmazad, an online auto auction platform that handle salvage and repossessed vehicles for insurance companies and leasing providers; RS, a business intelligence platform with a pricing modelling software; and Warshti, a car repair solution. It also engages in the computer systems and communication equipment software design; analysis and design of programs, databases, and applications; vehicle’s auction, towing, and storage; electronic publishing; online wholesale; and design and program special software, interface design, and user experience and application development. The 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 | 52.5x | 16.3x | 9.7x | |
| PEG Ratio | 0.36 | 0.15 | 0.03 | |
| Price/Book | 15.7x | 0.9x | 1.0x | |
| Price / LTM Sales | 16.8x | 2.2x | 2.9x | |
| Upside (Analyst Target) | −5.5% | 26.9% | 14.6% | |
| Fair Value Upside | Unlock | 31.1% | 0.9% | Unlock |