Middle East Specialized Cables Co (2370)

Currency in SAR
29.72
-0.28(-0.93%)
Closed·
2370 is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
29.7030.08
52 wk Range
18.2137.55
Key Statistics
Bid/Ask
29.72 / 29.76
Prev. Close
29.72
Open
30
Day's Range
29.7-30.08
52 wk Range
18.21-37.55
Volume
150.97K
Average Volume (3m)
555.05K
1-Year Change
-15.8074%
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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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate

Earnings

Latest Release
08-04-2026
EPS / Forecast
0.80 / --
Revenue / Forecast
381.57M / --
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.54%
Dividend Yield
3.33%
Industry Median 1.81%
Annualised payout
1.00
Paid annually
5-Years Growth
-
Growth Streak

2370 Income Statement

Compare 2370 to Peers and Sector

Metrics to compare
2370
Peers
Sector
Relationship
P/E Ratio
11.7x24.1x12.7x
PEG Ratio
1.000.260.03
Price/Book
2.2x3.2x1.4x
Price / LTM Sales
0.8x1.3x1.3x
Upside (Analyst Target)
-−15.2%18.5%
Fair Value Upside
Unlock−6.8%4.9%Unlock

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. The company was incorporated in 1992 and is based in Riyadh, the Kingdom of Saudi Arabia.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
670.13K1.68%20.10M
Other Institutional Investors
-43.60K-0.11%-1.31M
Public Companies & Retail Investors
39.37M98.43%1.18B
Total
40M100.00%1.2B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Dimensional Fund Advisors LP0.97%3,89,38911,682
Fiera Capital Corporation0.44%1,76,0365,281

FAQ

What Is the MESC (2370) Share Price Today?

The MESC share price today is 29.72.

What is the current MESC (2370) share price and day range?

As of 07-05-2026, the MESC share price is 29.72, with a previous close of 29.72. The share price has ranged from 29.70 to 30.08 today, while the 52-week range spans from 18.21 to 37.55.

What Is the MESC Market Cap?

As of today, MESC market cap is 1.19B.

Does MESC Pay Dividends? What's The Current Dividend Yield?

The MESC dividend yield is 3.33%.

What Is MESC's Earnings Per Share (TTM)?

The MESC EPS (TTM) is 2.54.

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.

What Stock Exchange Does MESC Trade On?

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

What Is the Stock Symbol for MESC?

The stock symbol for MESC is "2370."

How Many Times Has MESC Stock Split?

MESC has split 3 times.
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