Risk factor
Fair trading liquidity
Profitability factor
Strong margins and returns
About
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.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. In particular, the stock is underpriced on P/E, of fair value