Middle East Specialized Cables Co (2370)

Saudi Arabia
Currency in SAR
36.30
+0.70(+1.97%)
Closed·
2370 Scorecard
Full Analysis
Trading at a low P/E ratio relative to near-term earnings growth
Fair Value
Day's Range
35.5536.80
52 wk Range
28.9048.05
Key Statistics
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Bid/Ask
36.20 / 36.30
Prev. Close
35.6
Open
35.65
Day's Range
35.55-36.8
52 wk Range
28.9-48.05
Volume
703.43K
Average Volume (3m)
505.91K
1-Year Change
15.02%
Fair Value
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Fair Value Upside
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2370 Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Analysts Sentiment
Currently not supported.
Members' Sentiments
Bearish
Bullish
ProTips
Liquid assets exceed short term obligations
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MESC Company Profile

Middle East Specialized Cables Company, together with its subsidiaries, manufactures and sells fiber optic cables, steel insulated wires and cables, copper insulated wires and cables, and aluminum insulated wires and cables in Saudi Arabia and the United Arab Emirates. The company offers instrumentation and process cables for use in oil, gas and petrochemical, automation and process control, and marine and offshore industries; building wires that are used in new constructions; power and control cables that are used in construction and industrial applications; and data and communication cables, such as co-axial, LAN, computer, telephone, and system cables. It also manufactures PVC compounds for wire and cable insulation and sheathing applications; and flexible cables used in various applications, including machine tool manufacture, power stations, heating and air conditioning installations, etc. In addition, the company produces and sells fire cables used as a fixed wiring within buildings for fire alarms systems; irrigation cables used in commercial sprinkler and irrigation systems, golf courses, public parks, plantations, and commercial produce farms; and bare copper used in earthling electrical systems and overhead electrical transmission and distribution system. Middle East Specialized Cables Company was incorporated in 1992 and is based in Riyadh, the Kingdom of Saudi Arabia.

Compare 2370 to Peers and Sector

Metrics to compare
2370
Peers
Sector
Relationship
P/E Ratio
15.9x16.9x11.6x
PEG Ratio
0.180.000.03
Price/Book
3.1x1.9x1.4x
Price / LTM Sales
1.3x1.3x1.1x
Upside (Analyst Target)
-5.9%27.8%
Fair Value Upside
Unlock13.8%9.3%Unlock

Earnings

Latest Release
Mar 27, 2025
EPS / Forecast
0.56 / --
Revenue / Forecast
313.54M / --
EPS Revisions
Last 90 days

FAQ

What Is the MESC (2370) Stock Price Today?

The MESC stock price today is 36.30.

What Stock Exchange Does MESC Trade On?

MESC is listed and trades on the Saudi Arabia Stock Exchange stock exchange.

What Is the Stock Symbol for MESC?

The stock symbol for MESC is "2370."

What Is the MESC Market Cap?

As of today, MESC market cap is 1.45B.

What is MESC Earnings Per Share?

The MESC EPS is 2.27.

From a Technical Analysis Perspective, Is 2370 a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.
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