Saudi Cable Valuation

Is 2110 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 2110 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 2110's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 2110's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2110?

Key metric: As 2110 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2110. This is calculated by dividing 2110's market cap by their current earnings.
What is 2110's PE Ratio?
PE Ratio44.8x
Earningsر.س14.48m
Market Capر.س647.94m

Price to Earnings Ratio vs Peers

How does 2110's PE Ratio compare to its peers?

The above table shows the PE ratio for 2110 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.5x
2370 Middle East Specialized Cables
18.9xn/aر.س1.5b
1303 Electrical Industries
25.2xn/aر.س9.0b
4142 Riyadh Cables Group
24.9x8.7%ر.س17.4b
9611 Arabian United Float Glass
12.8xn/aر.س629.1m
2110 Saudi Cable
44.8xn/aر.س647.9m

Price-To-Earnings vs Peers: 2110 is expensive based on its Price-To-Earnings Ratio (44.8x) compared to the peer average (20.5x).


Price to Earnings Ratio vs Industry

How does 2110's PE Ratio compare vs other companies in the Asian Electrical Industry?

24 CompaniesPrice / EarningsEstimated GrowthMarket Cap
2110 44.8xIndustry Avg. 27.8xNo. of Companies70PE020406080100+
24 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2110 is expensive based on its Price-To-Earnings Ratio (44.8x) compared to the Asian Electrical industry average (27.8x).


Price to Earnings Ratio vs Fair Ratio

What is 2110'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.

2110 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio44.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2110'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?

Analyst Forecast: Insufficient data to show price forecast.


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