Risk factor
Resilient to price shocks
Profitability factor
Very strong margins and returns
About
Rasan Information Technology Company operates as a FinTech enterprise, delivering a comprehensive suite of insurance and financial services to both individual consumers and corporate clients via its digital platforms. Key offerings include Tameeni, which facilitates comparing, purchasing, and renewing insurance policies from a network of providers; Treza, an insurance solution specifically tailored for motor leasing companies and their clientele; Awalmazad, an online auction platform for salvaged and repossessed vehicles, serving insurance and leasing firms; and Warshti, a dedicated car repair service. Established in 2016, the company is headquartered in Riyadh, Saudi Arabia.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overvalued
Target Price
The average target price of 8313.SR is 163 and suggests 32.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in