RAY SIGORTARR

RAY SIGORTA

247.50TRYD
−27.50−10.00%
At close at Mar 21, 15:50 GMT
TRY
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RAYSG fundamentals

Key facts

Market capitalization‪40.36 B‬TRY
Founded1958
CEOKoray Erdogan
About

Ray Sigorta AS engages in the provision of insurance services. It operates through the following segments: Insurance on Fire and Natural Disaster, Motor Third Party Liability Insurance, Motor Vehicles, and Health-illness Insurance. The Insurance on Fire and Natural Disaster segment deals with material damage occurred due to fire, lightning, explosion or smoke, steam and temperature resulted from fire, lightning, and explosion up to insurance policy limits. The Motor Third Party Liability Insurance segment offers the vehicle owner's legal liability for all bodily damages to third persons and financial damages to other vehicles. The Motor Vehicles segment focuses on dangers related to vehicle accident with the motorized or non-motorized vehicles which used in high ways, crash with fixed or moving items without desire of the driver or accidents due to crash, capsize, fall or tumble, burn, and theft or attempted theft. The Health-illness Insurance segment consists of treatment costs of illnesses or accidental injuries during the period of insurance and, if any, daily allowances in this general framework with special conditions up to the amount written in the policy. The company was founded by Safa Yalcuk, Nurettin Evin, Alaattin Arisa, Muhittin Ersun, and Hakki Ugan on August 18, 1958 and is headquartered in Sariyer, Turkey.

Ownership
‪‪163.07 M‬‬
Closely held shares
‪‪154.86 M‬‬ (94.96%)
Free Float shares
‪‪8.21 M‬‬ (5.04%)
Closely held shares
‪‪154.86 M‬‬ (94.96%)
Free Float shares
‪‪8.21 M‬‬ (5.04%)
Capital structure
Market cap
‪‪40.36 B‬‬
Debt
‪‪2.22 M‬‬
Enterprise value
‪‪40.36 B‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪40.36 B‬‬
Price to earning ratio (P/E)
24.99x
Price to sales ratio (P/S)
3.55x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
24.99x
Price to sales ratio (P/S)
3.55x
Valuation ratios
‪0.00‬
‪3.00‬
‪6.00‬
‪9.00‬
‪12.00‬
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪11.00‬
‪22.00‬
‪33.00‬
‪44.00‬
P/E
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪6%‬
‪16%‬
‪26%‬
‪36%‬
‪46%‬
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪‪1.20 B‬‬
‪‪2.40 B‬‬
‪‪3.60 B‬‬
‪‪4.80 B‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
Total operating expenses
Op income
Non-operating income
Pretax income
Taxes & Other
Net income
‪0.00‬
‪‪1.20 B‬‬
‪‪2.40 B‬‬
‪‪3.60 B‬‬
‪‪4.80 B‬‬
Revenue
Total operating expenses
Op income
Expenses & adjustments
Net income
‪0.00‬
‪‪1.20 B‬‬
‪‪2.40 B‬‬
‪‪3.60 B‬‬
‪‪4.80 B‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2024
Accident
Fire
Other
Transportation
Engineering
By country
Period: 2024
Turkey

Dividends

Dividend yield, history and sustainability

RAYSG does not pay dividends
The company has not previously paid dividends and at the moment there is no information about whether it is going to pay them in the future

Financial health

Financial position and solvency of the company

Insurance reserves, claims and premiums
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪‪1.10 B‬‬
‪‪2.20 B‬‬
‪‪3.30 B‬‬
‪‪4.40 B‬‬
Insurance reserves
Policy claims
Premium earned
Capital allocation analysis
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪90.00‬
‪180.00‬
‪270.00‬
‪360.00‬
Reserve to total capital
Unearned premium to total capital