Oman Cables Industry SAOG Valuation

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

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: OCAI (OMR2.59) is trading above our estimate of fair value (OMR1.86)

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

Key Valuation Metric

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

Key metric: As OCAI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for OCAI. This is calculated by dividing OCAI's market cap by their current earnings.
What is OCAI's PE Ratio?
PE Ratio	10.7x
Earnings	ر.ع21.72m
Market Cap	ر.ع232.32m

OCAI 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/Revenue	0.7x
Enterprise Value/EBITDA	6.7x
PEG Ratio	2x

Price to Earnings Ratio vs Peers

How does OCAI's PE Ratio compare to its peers?

The above table shows the PE ratio for OCAI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	20x
VOES Voltamp Energy SAOG	10.3x	n/a	ر.ع31.3m
603344 Cinderson Tech (Suzhou)	23.4x	n/a	CN¥4.4b
301362 Up-shine Lighting	20.6x	13.6%	CN¥4.8b
002606 Dalian Insulator Group	25.6x	33.0%	CN¥4.3b
OCAI Oman Cables Industry SAOG	10.7x	5.4%	ر.ع232.3m

Price-To-Earnings vs Peers: OCAI is good value based on its Price-To-Earnings Ratio (10.7x) compared to the peer average (19.8x).

Price to Earnings Ratio vs Industry

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

23 Companies	Price / Earnings	Estimated Growth	Market Cap

23 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: OCAI is good value based on its Price-To-Earnings Ratio (10.7x) compared to the Asian Electrical industry average (28.6x).

Price to Earnings Ratio vs Fair Ratio

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

OCAI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	10.7x
Fair PE Ratio	n/a

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

Analyst Price Targets

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

The above table shows the analyst OCAI forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	ر.ع2.59	ر.ع3.15 +21.4%	1.4%	ر.ع3.19	ر.ع3.10	n/a	2
Nov ’25	ر.ع2.60	ر.ع3.15 +21.0%	1.4%	ر.ع3.19	ر.ع3.10	n/a	2
Jul ’25	ر.ع2.95	ر.ع2.33 -21.1%	17.5%	ر.ع2.74	ر.ع1.92	n/a	2
Jun ’25	ر.ع2.65	ر.ع2.33 -12.1%	17.5%	ر.ع2.74	ر.ع1.92	n/a	2
May ’25	ر.ع2.32	ر.ع2.33 +0.4%	17.5%	ر.ع2.74	ر.ع1.92	n/a	2
Oct ’24	ر.ع2.00	ر.ع1.62 -19.3%	19.5%	ر.ع1.93	ر.ع1.30	ر.ع2.70	2
Sep ’24	ر.ع2.00	ر.ع1.62 -19.3%	19.5%	ر.ع1.93	ر.ع1.30	ر.ع2.89	2
Aug ’24	ر.ع2.10	ر.ع1.62 -23.1%	19.5%	ر.ع1.93	ر.ع1.30	ر.ع2.99	2
Jul ’24	ر.ع2.10	ر.ع1.62 -23.1%	19.5%	ر.ع1.93	ر.ع1.30	ر.ع2.95	2
Jun ’24	ر.ع1.99	ر.ع1.62 -18.8%	19.5%	ر.ع1.93	ر.ع1.30	ر.ع2.65	2
May ’24	ر.ع2.00	ر.ع1.62 -19.0%	19.5%	ر.ع1.93	ر.ع1.30	ر.ع2.32	2
Apr ’24	ر.ع1.66	ر.ع1.62 -2.7%	19.5%	ر.ع1.93	ر.ع1.30	ر.ع2.31	2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.