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- Ray Sigorta
Ray Sigorta Valuation Multiples
Discover revenue and EBITDA valuation multiples for Ray Sigorta and similar public comparables like REVO Insurance, Employers Holdings, Bowhead Specialty, Capricorn Group and more.
Ray Sigorta Overview
About Ray Sigorta
Ray Sigorta AS is a Turkey-based insurance company. It offers motor, household and health insurances. The motor insurance covers accidents such as the collision of the car with other motor or no-motor vehicles used on the road or railroad. Its household insurance secures house and goods against many risks such as fire, robbery, earthquake, and floods. The health insurance product consists of emergency health insurance, complementary health insurance, health insurance for foreigners and travel health insurance. Additionally, it also provides contracted health institutions and contracted auto services.
Founded
1958
HQ

Employees
261
Website
Sectors
Financials (FY)
EV
$262M
Ray Sigorta Financials
Ray Sigorta reported last fiscal year revenue of $708M.
In the same fiscal year, Ray Sigorta generated $83M in net income.
Ray Sigorta P&L
In the most recent fiscal year, Ray Sigorta reported revenue of $708M and net income of $83M.
Ray Sigorta expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $708M | XXX | XXX | XXX |
| Net Profit | — | XXX | $83M | XXX | XXX | XXX |
| Net Margin | — | XXX | 12% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Ray Sigorta Stock Performance
Ray Sigorta has current market cap of $790M, and enterprise value of $262M.
Market Cap Evolution
Ray Sigorta's stock price is $4.84.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $262M | $790M | 0.0% | XXX | XXX | XXX | $0.51 |
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Start Free TrialRay Sigorta Valuation Multiples
Ray Sigorta trades at 0.4x EV/Revenue multiple.
Ray Sigorta Financial Valuation Multiples
As of April 20, 2026, Ray Sigorta has market cap of $790M and EV of $262M.
Equity research analysts estimate Ray Sigorta's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Ray Sigorta has a P/E ratio of 9.5x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $790M | XXX | $790M | XXX | XXX | XXX |
| EV (current) | $262M | XXX | $262M | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 0.4x | XXX | XXX | XXX |
| P/E | — | XXX | 9.5x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 1.6x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Ray Sigorta Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Ray Sigorta Margins & Growth Rates
Ray Sigorta's revenue in the last fiscal year grew by 116%.
Ray Sigorta's revenue per employee in the last FY averaged $2.7M.
Ray Sigorta Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | 116% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $2.7M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 2% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Ray Sigorta Public Comps
See public comps and valuation multiples for other Insurance Carriers comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Ray Sigorta | XXX | XXX | XXX | XXX | XXX | XXX |
| REVO Insurance | XXX | XXX | XXX | XXX | XXX | XXX |
| Employers Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Bowhead Specialty | XXX | XXX | XXX | XXX | XXX | XXX |
| Capricorn Group | XXX | XXX | XXX | XXX | XXX | XXX |
| AtlantaSanad | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Ray Sigorta M&A Activity
Ray Sigorta acquired XXX companies to date.
Last acquisition by Ray Sigorta was on XXXXXXXX, XXXXX. Ray Sigorta acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Ray Sigorta
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialRay Sigorta Investment Activity
Ray Sigorta invested in XXX companies to date.
Ray Sigorta made its latest investment on XXXXXXXX, XXXXX. Ray Sigorta invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Ray Sigorta
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Ray Sigorta
| When was Ray Sigorta founded? | Ray Sigorta was founded in 1958. |
| Where is Ray Sigorta headquartered? | Ray Sigorta is headquartered in Turkey. |
| How many employees does Ray Sigorta have? | As of today, Ray Sigorta has over 261 employees. |
| Is Ray Sigorta publicly listed? | Yes, Ray Sigorta is a public company listed on Borsa Istanbul. |
| What is the stock symbol of Ray Sigorta? | Ray Sigorta trades under RAYSG ticker. |
| When did Ray Sigorta go public? | Ray Sigorta went public in 1997. |
| Who are competitors of Ray Sigorta? | Ray Sigorta main competitors are REVO Insurance, Employers Holdings, Bowhead Specialty, Capricorn Group. |
| What is the current market cap of Ray Sigorta? | Ray Sigorta's current market cap is $790M. |
| What is the current revenue of Ray Sigorta? | Ray Sigorta's last fiscal year revenue is $708M. |
| What is the current EV/Revenue multiple of Ray Sigorta? | Current revenue multiple of Ray Sigorta is 0.4x. |
| Is Ray Sigorta profitable? | No, Ray Sigorta is not profitable. |
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