Risk factor
Strong & resilient to price shocks
Profitability factor
Very strong margins and returns
About
Riyadh Cables Group Company, established in Riyadh, Saudi Arabia, in 1984, is a prominent manufacturer and supplier specializing in a wide array of wires and cables. The firm primarily serves the power transmission and telecommunications sectors within the Kingdom of Saudi Arabia, in addition to exporting its products to approximately 34 countries worldwide. Its extensive product offerings include standard wires; low, medium, high, and extra-high voltage cables; and specialized overhead line conductors, such as aerial bundle cables and high-temperature low-sag conductors. The company also provides instrumentation and control cables, renewable energy cables, and fiber optic and telephone cables. Furthermore, it produces essential raw materials like copper and aluminum rods, XLPE and PVC insulation compounds, and wooden and steel drums. Beyond manufacturing, Riyadh Cables Group Company delivers a comprehensive suite of services. These encompass cable installation, jointing, on-site testing and commissioning, system design for both cables and installations, and technical training. The company also offers ongoing monitoring, repair, and maintenance support for its solutions.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is reasonably priced on P/E, of fair
Target Price
The average target price of 4142.SR is 126 and suggests 31.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in