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Saudi Cable SASE:2110 Stock Report

Last Price

ر.س95.00

Market Cap

ر.س633.9m

7D

1.8%

1Y

66.1%

Updated

22 Dec, 2024

Data

Company Financials

2110 Stock Overview

Manufactures and sells power, telecommunications, and fiber optic cables in the Kingdom of Saudi Arabia, the Middle East, and North Africa. More details

2110 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health0/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Saudi Cable Company Competitors

Price History & Performance

Summary of share price highs, lows and changes for Saudi Cable
Historical stock prices
Current Share Priceر.س95.00
52 Week Highر.س109.40
52 Week Lowر.س55.50
Beta-0.085
1 Month Change-2.96%
3 Month Change15.57%
1 Year Change66.08%
3 Year Change-15.56%
5 Year Change-51.17%
Change since IPO-87.31%

Recent News & Updates

Recent updates

Did You Miss Saudi Cable's (TADAWUL:2110) Impressive 105% Share Price Gain?

Feb 17
Did You Miss Saudi Cable's (TADAWUL:2110) Impressive 105% Share Price Gain?

Here's Why We Don't Think Saudi Cable's (TADAWUL:2110) Statutory Earnings Reflect Its Underlying Earnings Potential

Dec 27
Here's Why We Don't Think Saudi Cable's (TADAWUL:2110) Statutory Earnings Reflect Its Underlying Earnings Potential

Shareholder Returns

2110SA ElectricalSA Market
7D1.8%-2.3%0.3%
1Y66.1%17.4%-7.7%

Return vs Industry: 2110 exceeded the SA Electrical industry which returned 17.4% over the past year.

Return vs Market: 2110 exceeded the SA Market which returned -7.7% over the past year.

Price Volatility

Is 2110's price volatile compared to industry and market?
2110 volatility
2110 Average Weekly Movement6.3%
Electrical Industry Average Movement7.2%
Market Average Movement4.0%
10% most volatile stocks in SA Market7.8%
10% least volatile stocks in SA Market2.5%

Stable Share Price: 2110's share price has been volatile over the past 3 months compared to the SA market.

Volatility Over Time: 2110's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of SA stocks.

About the Company

FoundedEmployeesCEOWebsite
1975n/aKhalid bin Assad Khashoggiwww.saudicable.com

Saudi Cable Company manufactures and sells power, telecommunications, and fiber optic cables in the Kingdom of Saudi Arabia, the Middle East, and North Africa. The company's product portfolio includes a wide range of cables, such as high and low voltage power cables, medium voltage power cables, instrumentation cables, and control cables for applications in various industries, including energy, infrastructure, telecommunications, and transportation; specialty instrumentation and industrial cables, including fire retardant and halogen acid gas-free cables for oil and gas applications in the petrochemical industry and use in renewable power generation, as well as use in the mining, railway, transit, automotive, military, and industrial sectors. It also offers bare and insulated copper cables for residential, commercial, and institutional construction projects; fibre-optic and copper conductor communication cables for government agencies, and private and public companies; and high voltage and extra-high voltage power transmission cables, including foundation fieldbus, thermocouple, fire resistant, and lead sheathed cables.

Saudi Cable Company Fundamentals Summary

How do Saudi Cable's earnings and revenue compare to its market cap?
2110 fundamental statistics
Market capر.س633.93m
Earnings (TTM)ر.س33.18m
Revenue (TTM)ر.س41.58m

19.1x

P/E Ratio

15.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2110 income statement (TTM)
Revenueر.س41.58m
Cost of Revenueر.س91.19m
Gross Profit-ر.س49.61m
Other Expenses-ر.س82.80m
Earningsر.س33.18m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.97
Gross Margin-119.33%
Net Profit Margin79.80%
Debt/Equity Ratio-24.4%

How did 2110 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 06:11
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Saudi Cable Company is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kais KriaaAlphaMena
Ranya GnabaAlphaMena
Tarek El-ShawarbyEFG-Hermes Research