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Stock Screener·Saudi Arabia·Industrials·1303.SR
Share

Electrical Industries Company Stocks

SAR 15.78Last Updated 11.06.2026

Issuer Rating

4/7
Performance

Average

Risk

Limited

Recommendation

Hold

Market Cap

SAR 4.71B

SAR 15.78
Key Takeaways

Risk factor

Modest price volatility

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Data is available to registered users only

Profitability factor

Very strong margins and returns

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Data is available to registered users only
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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

Established in Dammam, Kingdom of Saudi Arabia, in 1976, Electrical Industries Company, operating through its subsidiaries, is a prominent provider of electrical equipment and technical services, catering to markets within Saudi Arabia and globally. The company specializes in the production, assembly, and supply of a diverse range of electrical apparatus. Its product offerings include various types of transformers, such as power, distribution, pole and pad-mounted, and slim models. EIC also delivers complete package and unit substations, along with comprehensive cable management systems featuring cable ladders, trays, trunking, communication runways, and related covers and accessories. For low-voltage needs, the company manufactures metal-enclosed switchgears (including Magnum DS and IEC-compliant versions), motor control centers, panel boards, switch racks, and bus and cable ducting systems. Its high-voltage equipment line includes annunciator, protection and control, and synchronizing panels. Furthermore, for medium-voltage applications, EIC supplies indoor metal-clad switchgears, indoor metal-enclosed motor controllers, and associated bus and cable ducts. Beyond product provision, Electrical Industries Company offers an extensive array of industrial services. These services encompass calibration and instrumentation, the refurbishment, modification, and upgrading of existing electrical equipment, transformer oil filling, processing, and filtration, relay setting and coordination studies, and on-site testing and commissioning of electrical installations. The company's customer base spans the commercial, residential, and industrial sectors.

Company Valuation

Overvalued
2/7

From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA,

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Target Price

Slightly negative
3/7

The average target price of 1303.SR is 13 and suggests 18% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to de

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
    Data is available to registered users only
Sign up to access detailed risk analysis

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