RAKNIC Stock Overview
Ras Al Khaimah National Insurance Company P.S.C. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Ras Al Khaimah National Insurance Company P.S.C. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | د.إ3.30 |
| 52 Week High | د.إ3.33 |
| 52 Week Low | د.إ2.70 |
| Beta | 0.18 |
| 1 Month Change | 0% |
| 3 Month Change | 10.00% |
| 1 Year Change | -10.81% |
| 3 Year Change | -5.71% |
| 5 Year Change | 50.65% |
| Change since IPO | 166.82% |
Recent News & Updates
Recent updates
Ras Al Khaimah National Insurance Company P.S.C.'s (ADX:RAKNIC) Share Price Not Quite Adding Up
Jun 03
Ras Al Khaimah National Insurance Company P.S.C.'s (ADX:RAKNIC) Business Is Yet to Catch Up With Its Share Price
Feb 24Ras 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 | 0% | 0.8% | 1.5% |
| 1Y | -10.8% | 3.5% | 2.0% |
Return vs Industry: RAKNIC underperformed the AE Insurance industry which returned 3.5% over the past year.
Return vs Market: RAKNIC underperformed the AE Market which returned 2% over the past year.
Price Volatility
| RAKNIC volatility | |
|---|---|
| RAKNIC Average Weekly Movement | 2.8% |
| Insurance Industry Average Movement | 3.9% |
| Market Average Movement | 4.0% |
| 10% most volatile stocks in AE Market | 8.8% |
| 10% least volatile stocks in AE Market | 2.1% |
Stable Share Price: RAKNIC has not had significant price volatility in the past 3 months compared to the AE market.
Volatility Over Time: RAKNIC's weekly volatility (3%) has been stable over the past year.
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.إ400.21m |
| Earnings (TTM) | د.إ20.05m |
| Revenue (TTM) | د.إ294.15m |
20.0x
P/E Ratio1.4x
P/S RatioIs RAKNIC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RAKNIC income statement (TTM) | |
|---|---|
| Revenue | د.إ294.15m |
| Cost of Revenue | د.إ256.87m |
| Gross Profit | د.إ37.28m |
| Other Expenses | د.إ17.23m |
| Earnings | د.إ20.05m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.17 |
| Gross Margin | 12.67% |
| Net Profit Margin | 6.82% |
| Debt/Equity Ratio | 39.8% |
How did RAKNIC perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 21:46 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ras Al Khaimah National Insurance Company P.S.C. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|