| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Ras Al Khaimah National Insurance Company P.S.C. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | د.إ3.00 |
| 52 Week High | د.إ3.70 |
| 52 Week Low | د.إ2.70 |
| Beta | 0.42 |
| 1 Month Change | 11.11% |
| 3 Month Change | -18.92% |
| 1 Year Change | -26.83% |
| 3 Year Change | -5.06% |
| 5 Year Change | 5.00% |
| Change since IPO | 142.56% |
Recent News & Updates
Recent updates
Ras Al Khaimah National Insurance Company P.S.C.'s (ADX:RAKNIC) Business Is Yet to Catch Up With Its Share Price
Feb 24
Ras Al Khaimah National Insurance Company P.S.C (ADX:RAKNIC) Has Re-Affirmed Its Dividend Of د.إ0.08
Mar 26Is Ras Al Khaimah National Insurance Company P.S.C. (ADX:RAKNIC) An Attractive Dividend Stock?
Mar 02Ras Al Khaimah National Insurance Company P.S.C (ADX:RAKNIC) Shareholders Have Enjoyed A 66% Share Price Gain
Jan 21
Does Ras Al Khaimah National Insurance Company P.S.C.'s (ADX:RAKNIC) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Dec 16Shareholder Returns
| RAKNIC | AE Insurance | AE Market | |
|---|---|---|---|
| 7D | -3.2% | -0.7% | -0.8% |
| 1Y | -26.8% | -0.2% | -2.6% |
Return vs Industry: RAKNIC underperformed the AE Insurance industry which returned -0.2% over the past year.
Return vs Market: RAKNIC underperformed the AE Market which returned -2.6% over the past year.
Price Volatility
| RAKNIC volatility | |
|---|---|
| RAKNIC Average Weekly Movement | 6.7% |
| Insurance Industry Average Movement | 4.7% |
| Market Average Movement | 3.6% |
| 10% most volatile stocks in AE Market | 8.0% |
| 10% least volatile stocks in AE Market | 2.3% |
Stable Share Price: RAKNIC has not had significant price volatility in the past 3 months.
Volatility Over Time: RAKNIC's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of AE stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1974 | n/a | Sanjeev Badyal | www.rakinsurance.com |
Ras Al Khaimah National Insurance Company P.S.C. engages in the insurance business in the United Arab Emirates. It operates in two segments: Life and Medical and Motor and General. It offers motor, home, life, travel, medical, engineering, group health, marine, fleet, property, and cyber insurance products.
Ras Al Khaimah National Insurance Company P.S.C. Fundamentals Summary
| RAKNIC fundamental statistics | |
|---|---|
| Market cap | د.إ363.83m |
| Earnings (TTM) | د.إ22.22m |
| Revenue (TTM) | د.إ291.23m |
16.4x
P/E Ratio1.2x
P/S RatioIs RAKNIC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RAKNIC income statement (TTM) | |
|---|---|
| Revenue | د.إ291.23m |
| Cost of Revenue | د.إ253.35m |
| Gross Profit | د.إ37.88m |
| Other Expenses | د.إ15.67m |
| Earnings | د.إ22.22m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.18 |
| Gross Margin | 13.01% |
| Net Profit Margin | 7.63% |
| Debt/Equity Ratio | 48.2% |
How did RAKNIC perform over the long term?
See historical performance and comparison