Ras Alkhaima National Insurance

Ras Alkhaima National Insurance Co.

RAKNICStocksAbu Dhabi Securities ExchangeInsurance

Financials

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	366.25M	388.08M	400.21M	448.72M	545.74M
Market Cap Growth	-8.5%	-3.0%	-10.8%	-17.8%	+28.6%
Enterprise Value	354.80M	417.97M	376.49M	492.39M	515.77M
Last Close Price	3.02	3.20	3.30	3.70	4.50
Valuation Multiples
PE Ratio	8.48	8.99	25.92	30.86	—
PS Ratio	1.08	1.15	1.30	1.55	1.87
PB Ratio	1.62	1.71	2.26	2.81	3.89
P/TBV Ratio	1.62	1.71	2.31	2.89	4.05
P/FCF Ratio	10.00	10.60	5.08	—	40.22
P/OCF Ratio	9.84	10.42	5.04	—	39.53
EV/Sales Ratio	1.05	1.24	1.22	1.70	1.77
EV/EBITDA Ratio	7.31	8.61	21.77	32.29	—
EV/EBIT Ratio	7.36	8.67	22.24	33.86	—
EV/FCF Ratio	9.69	11.42	4.78	—	38.01
Leverage & Capital
Debt / Equity Ratio	—	—	0.42	0.37	0.36
Debt / EBITDA Ratio	—	—	4.33	3.89	—
Debt / FCF Ratio	—	—	0.95	—	3.69
Net Debt / Equity Ratio	-0.05	-0.05	-0.24	0.19	0.29
Net Debt / EBITDA Ratio	-0.24	-0.24	-2.46	2.03	-1.17
Net Debt / FCF Ratio	-0.31	-0.31	-0.54	-2.08	2.98
Efficiency & Liquidity
Asset Turnover	0.42	0.42	0.45	0.50	0.43
Quick Ratio	0.03	0.03	0.29	0.09	0.03
Current Ratio	0.60	0.60	0.87	0.66	0.49
Returns & Yields
Return on Equity (ROE)	+21.4%	+21.4%	+9.2%	+9.7%	-20.7%
Return on Assets (ROA)	+3.7%	+3.7%	+1.5%	+1.6%	-3.3%
Return on Invested Capital (ROIC)	+18.0%	+18.1%	+6.6%	+7.1%	-16.6%
Earnings Yield	+11.8%	+11.1%	+3.9%	+3.2%	-6.5%
FCF Yield	+10.0%	+9.4%	+19.7%	-3.3%	+2.5%
Dividend Yield	—	—	—	—	—
Payout Ratio	—	—	—	—	—
Total Shareholder Return	—	—	—	—	—

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	366.25M	388.08M	400.21M	448.72M	545.74M
Market Cap Growth	-8.5%	-3.0%	-10.8%	-17.8%	+28.6%
Enterprise Value	354.80M	417.97M	376.49M	492.39M	515.77M
Last Close Price	3.02	3.20	3.30	3.70	4.50
Valuation Multiples
PE Ratio	8.48	8.99	25.92	30.86	—
PS Ratio	1.08	1.15	1.30	1.55	1.87
PB Ratio	1.62	1.71	2.26	2.81	3.89
P/TBV Ratio	1.62	1.71	2.31	2.89	4.05
P/FCF Ratio	10.00	10.60	5.08	—	40.22
P/OCF Ratio	9.84	10.42	5.04	—	39.53
EV/Sales Ratio	1.05	1.24	1.22	1.70	1.77
EV/EBITDA Ratio	7.31	8.61	21.77	32.29	—
EV/EBIT Ratio	7.36	8.67	22.24	33.86	—
EV/FCF Ratio	9.69	11.42	4.78	—	38.01
Leverage & Capital
Debt / Equity Ratio	—	—	0.42	0.37	0.36
Debt / EBITDA Ratio	—	—	4.33	3.89	—
Debt / FCF Ratio	—	—	0.95	—	3.69
Net Debt / Equity Ratio	-0.05	-0.05	-0.24	0.19	0.29
Net Debt / EBITDA Ratio	-0.24	-0.24	-2.46	2.03	-1.17
Net Debt / FCF Ratio	-0.31	-0.31	-0.54	-2.08	2.98
Efficiency & Liquidity
Asset Turnover	0.42	0.42	0.45	0.50	0.43
Quick Ratio	0.03	0.03	0.29	0.09	0.03
Current Ratio	0.60	0.60	0.87	0.66	0.49
Returns & Yields
Return on Equity (ROE)	+21.4%	+21.4%	+9.2%	+9.7%	-20.7%
Return on Assets (ROA)	+3.7%	+3.7%	+1.5%	+1.6%	-3.3%
Return on Invested Capital (ROIC)	+18.0%	+18.1%	+6.6%	+7.1%	-16.6%
Earnings Yield	+11.8%	+11.1%	+3.9%	+3.2%	-6.5%
FCF Yield	+10.0%	+9.4%	+19.7%	-3.3%	+2.5%
Dividend Yield	—	—	—	—	—
Payout Ratio	—	—	—	—	—
Total Shareholder Return	—	—	—	—	—