company background image
WIRE

National Cable And Wire Manufacturing ASE:WIRE Stock Report

Last Price

د.أ0.19

Market Cap

د.أ3.7m

7D

-5.0%

1Y

-20.8%

Updated

02 Oct, 2022

Data

Company Financials
WIRE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

WIRE Stock Overview

National Cable And Wire Manufacturing Company produces and sells wires and cables of copper or aluminum conductors in Jordan.

National Cable And Wire Manufacturing Competitors

Price History & Performance

Summary of all time highs, changes and price drops for National Cable And Wire Manufacturing
Historical stock prices
Current Share Priceد.أ0.19
52 Week Highد.أ0.25
52 Week Lowد.أ0.17
Beta0.45
1 Month Change-5.00%
3 Month Change0%
1 Year Change-20.83%
3 Year Change0%
5 Year Change-42.42%
Change since IPO-96.35%

Recent News & Updates

Shareholder Returns

WIREJO ElectricalJO Market
7D-5.0%-4.9%-0.2%
1Y-20.8%-15.4%19.1%

Return vs Industry: WIRE underperformed the JO Electrical industry which returned -15.4% over the past year.

Return vs Market: WIRE underperformed the JO Market which returned 19.1% over the past year.

Price Volatility

Is WIRE's price volatile compared to industry and market?
WIRE volatility
WIRE Average Weekly Movement7.8%
Electrical Industry Average Movement6.5%
Market Average Movement4.3%
10% most volatile stocks in JO Market6.3%
10% least volatile stocks in JO Market2.3%

Stable Share Price: WIRE is more volatile than 90% of JO stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: WIRE's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of JO stocks.

About the Company

FoundedEmployeesCEOWebsite
1983142Khaled Saeedhttps://www.cableco.com.jo

National Cable And Wire Manufacturing Company produces and sells wires and cables of copper or aluminum conductors in Jordan. It offers single wires, flat and flexible cables, armored and non-armored power cables, PVC or XLPE insulated cables, fire resistant and flame retardant cables, telephone and telemetry cables, submersible cables, co-axial cables, audio and video cables, computer cables and LAN data cables, and twisted cables. The company also provides photovoltaic cables, audio speakers and microphone cables, instrumentation cables, control cables, and concentric and service cables, as well as PVC insulated wires, PVC sheath circular and flat wires, and overhead transmission lines.

National Cable And Wire Manufacturing Fundamentals Summary

How do National Cable And Wire Manufacturing's earnings and revenue compare to its market cap?
WIRE fundamental statistics
Market Capد.أ3.67m
Earnings (TTM)-د.أ1.58m
Revenue (TTM)د.أ9.15m

0.4x

P/S Ratio

-2.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WIRE income statement (TTM)
Revenueد.أ9.15m
Cost of Revenueد.أ9.98m
Gross Profit-د.أ836.19k
Other Expensesد.أ746.87k
Earnings-د.أ1.58m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.082
Gross Margin-9.14%
Net Profit Margin-17.31%
Debt/Equity Ratio78.3%

How did WIRE perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is WIRE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WIRE?

Other financial metrics that can be useful for relative valuation.

WIRE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.5x
Enterprise Value/EBITDA-27.5x
PEG Ration/a

Price to Sales Ratio vs Peers

How does WIRE's PS Ratio compare to its peers?

WIRE PS Ratio vs Peers
The above table shows the PS ratio for WIRE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.8x
UCIC United Cable Industries
0.3xn/aد.أ12.3m
JITC Jordan International Trading CenterLtd
0.4xn/aد.أ3.5m
539760 Relicab Cable Manufacturing
1.3xn/a₹437.1m
1.3xn/a€5.7m
WIRE National Cable And Wire Manufacturing
0.4xn/aد.أ3.7m

Price-To-Sales vs Peers: WIRE is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (0.8x).


Price to Earnings Ratio vs Industry

How does WIRE's PE Ratio compare vs other companies in the Asian Electrical Industry?

Price-To-Sales vs Industry: WIRE is good value based on its Price-To-Sales Ratio (0.4x) compared to the Asian Electrical industry average (1.4x)


Price to Sales Ratio vs Fair Ratio

What is WIRE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WIRE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate WIRE's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of WIRE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: WIRE (JOD0.19) is trading above our estimate of fair value (JOD0)

Significantly Below Fair Value: WIRE is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is National Cable And Wire Manufacturing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


31.0%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as National Cable And Wire Manufacturing has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Take a look at our analysis of WIRE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has National Cable And Wire Manufacturing performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


51.2%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: WIRE is currently unprofitable.

Growing Profit Margin: WIRE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if WIRE's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare WIRE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WIRE is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (10.4%).


Return on Equity

High ROE: WIRE has a negative Return on Equity (-14.98%), as it is currently unprofitable.


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Financial Health

How is National Cable And Wire Manufacturing's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: WIRE's short term assets (JOD10.5M) exceed its short term liabilities (JOD7.3M).

Long Term Liabilities: WIRE's short term assets (JOD10.5M) exceed its long term liabilities (JOD1.5M).


Debt to Equity History and Analysis

Debt Level: WIRE's net debt to equity ratio (75.5%) is considered high.

Reducing Debt: WIRE's debt to equity ratio has increased from 47.6% to 78.3% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if WIRE has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if WIRE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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Dividend

What is National Cable And Wire Manufacturing current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

National Cable And Wire Manufacturing Dividend Yield vs Market
How does National Cable And Wire Manufacturing dividend yield compare to the market?
SegmentDividend Yield
Company (National Cable And Wire Manufacturing)n/a
Market Bottom 25% (JO)4.2%
Market Top 25% (JO)6.5%
Industry Average (Electrical)1.1%
Analyst forecast in 3 Years (National Cable And Wire Manufacturing)n/a

Notable Dividend: Unable to evaluate WIRE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate WIRE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if WIRE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WIRE's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as WIRE has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

د.أ65k

CEO Compensation


CEO

Khaled Saeed (70 yo)

no data

Tenure

د.أ65,250

Compensation

Eng. Khaled Mahmoud Saeed serves as General Manager at The National Cable & Wire Manufacturing Company. Eng. Saeed studied Bachelor of Electricity Engineering in 1975.


CEO Compensation Analysis

Khaled Saeed's Compensation vs National Cable And Wire Manufacturing Earnings
How has Khaled Saeed's remuneration changed compared to National Cable And Wire Manufacturing's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2021n/an/a

-د.أ2m

Jun 30 2021n/an/a

-د.أ2m

Mar 31 2021n/an/a

-د.أ2m

Dec 31 2020n/an/a

-د.أ3m

Sep 30 2020n/an/a

-د.أ3m

Jun 30 2020n/an/a

-د.أ3m

Mar 31 2020n/an/a

-د.أ3m

Dec 31 2019n/an/a

-د.أ2m

Sep 30 2019n/an/a

-د.أ1m

Jun 30 2019n/an/a

-د.أ1m

Mar 31 2019n/an/a

-د.أ1m

Dec 31 2018n/an/a

-د.أ1m

Sep 30 2018n/an/a

-د.أ2m

Jun 30 2018n/an/a

-د.أ1m

Mar 31 2018n/an/a

-د.أ1m

Dec 31 2017n/an/a

-د.أ1m

Sep 30 2017n/an/a

-د.أ1m

Jun 30 2017n/an/a

-د.أ2m

Mar 31 2017n/an/a

-د.أ2m

Dec 31 2016n/an/a

-د.أ2m

Sep 30 2016n/an/a

-د.أ1m

Jun 30 2016n/an/a

-د.أ896k

Mar 31 2016n/an/a

-د.أ271k

Dec 31 2015د.أ65kد.أ63k

-د.أ365k

Compensation vs Market: Insufficient data to establish whether Khaled's total compensation is reasonable compared to companies of similar size in the JO market.

Compensation vs Earnings: Insufficient data to compare Khaled's compensation with company performance.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of WIRE?
Owner TypeNumber of SharesOwnership Percentage
State or Government774,8854.0%
Institutions1,808,0009.4%
Individual Insiders3,874,61620.1%
Public Companies5,173,10526.8%
General Public7,669,14139.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 13 shareholders own 60.26% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
25.09%
Al Baraka Group B.S.C.
4,843,079JOD920.2k0%no data
9.85%
Naim Al Khamous
1,900,060JOD361.0k0%no data
5.18%
Islamic Insurance Company, Asset Management Arm
999,920JOD190.0k0%2.94%
4.02%
Social Security Corporation
774,885JOD147.2k0%no data
2.93%
Aref Diab
564,711JOD107.3k0%no data
2.8%
Orphans Fund Development Foundation, Endowment Arm
540,007JOD102.6k0%0.58%
1.81%
Ashraf Sulaiman Al Omari
349,904JOD66.5k0%no data
1.71%
Jordan International Insurance Company
330,026JOD62.7k0%no data
1.58%
Muaffaq Rifaei Hanandah
304,550JOD57.9k10.74%no data
1.45%
Saleh Ahmad
280,039JOD53.2k0%no data
1.43%
Issam Qamoah
275,600JOD52.4k0%no data
1.39%
Jordan International Insurance Company, Asset Management Arm
268,073JOD50.9k0%100%
1.04%
Iyad Ali Al-Qerm
199,752JOD38.0k0%no data

Company Information

National Cable And Wire Manufacturing Company's employee growth, exchange listings and data sources


Key Information

  • Name: National Cable And Wire Manufacturing Company
  • Ticker: WIRE
  • Exchange: ASE
  • Founded: 1983
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Implied Market Cap: د.أ3.667m
  • Shares outstanding: 19.30m
  • Website: https://www.cableco.com.jo

Number of Employees


Location

  • National Cable And Wire Manufacturing Company
  • Khalil Al-Dabbas Street
  • Al-Rabiah
  • Amman
  • 11190
  • Jordan


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WIREASE (Amman Stock Exchange)YesShare CapitalJOJODMay 1995

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/02 00:00
End of Day Share Price2022/10/02 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.