ScoreWhy is Middle East Specialized Cables Co. ?
1
Poor Management Efficiency with a low ROCE of 12.09%
- The company has been able to generate a Return on Capital Employed (avg) of 12.09% signifying low profitability per unit of total capital (equity and debt)
2
High Debt Company with a Debt to Equity ratio (avg) at times
- Poor long term growth as Net Sales has grown by an annual rate of 22.76% and Operating profit at 64.22% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
- The company has been able to generate a Return on Equity (avg) of 6.71% signifying low profitability per unit of shareholders funds
3
Negative results in Jun 25
- INTEREST(HY) At SAR 8.58 MM has Grown at 106.97%
- OPERATING CASH FLOW(Y) Lowest at SAR -153.57 MM
- RAW MATERIAL COST(Y) Grown by 14.43% (YoY)
4
With ROE of 18.52%, it has a very attractive valuation with a 2.41 Price to Book Value
- Over the past year, while the stock has generated a return of -44.29%, its profits have risen by 28.6% ; the PEG ratio of the company is 0.5
- At the current price, the company has a high dividend yield of 1.7
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Middle East Specialized Cables Co. should be less than 10%
- Overall Portfolio exposure to Electronics & Appliances should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Middle East Specialized Cables Co. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Middle East Specialized Cables Co.
-43.94%
-0.82
37.78%
Saudi Arabia All Share TASI
-12.63%
-0.89
14.47%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
22.76%
EBIT Growth (5y)
64.22%
EBIT to Interest (avg)
5.56
Debt to EBITDA (avg)
0.75
Net Debt to Equity (avg)
0.18
Sales to Capital Employed (avg)
2.10
Tax Ratio
14.80%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
12.09%
ROE (avg)
6.71%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
13
Industry P/E
Price to Book Value
2.41
EV to EBIT
12.02
EV to EBITDA
10.20
EV to Capital Employed
2.01
EV to Sales
1.06
PEG Ratio
0.46
Dividend Yield
1.66%
ROCE (Latest)
16.73%
ROE (Latest)
18.52%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend10What is working for the Company
NET SALES(Q)
Highest at SAR 380.92 MM
DIVIDEND PAYOUT RATIO(Y)
Highest at 66.88%
INVENTORY TURNOVER RATIO(HY)
Highest at 4.68%
DIVIDEND PER SHARE(HY)
Highest at SAR 2.54
OPERATING PROFIT(Q)
Highest at SAR 40.18 MM
PRE-TAX PROFIT(Q)
Highest at SAR 30.46 MM
NET PROFIT(Q)
Highest at SAR 29.9 MM
EPS(Q)
Highest at SAR 0.75
-7What is not working for the Company
INTEREST(HY)
At SAR 8.58 MM has Grown at 106.97%
OPERATING CASH FLOW(Y)
Lowest at SAR -153.57 MM
RAW MATERIAL COST(Y)
Grown by 14.43% (YoY
DEBT-EQUITY RATIO
(HY)
Highest at 41.12 %
Here's what is working for Middle East Specialized Cables Co.
Net Sales
Highest at SAR 380.92 MM and Grown
In each period in the last five periodsMOJO Watch
Near term sales trend is very positive
Net Sales (SAR MM)
Net Sales
At SAR 380.92 MM has Grown at 52.43%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (SAR MM)
Operating Profit
Highest at SAR 40.18 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (SAR MM)
Pre-Tax Profit
Highest at SAR 30.46 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (SAR MM)
Net Profit
Highest at SAR 29.9 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (SAR MM)
EPS
Highest at SAR 0.75
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (SAR)
Inventory Turnover Ratio
Highest at 4.68%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Dividend per share
Highest at SAR 2.54
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (SAR)
Dividend Payout Ratio
Highest at 66.88%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Depreciation
Highest at SAR 5.42 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (SAR MM)
Here's what is not working for Middle East Specialized Cables Co.
Interest
At SAR 8.58 MM has Grown at 106.97%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (SAR MM)
Operating Cash Flow
Lowest at SAR -153.57 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (SAR MM)
Debt-Equity Ratio
Highest at 41.12 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Raw Material Cost
Grown by 14.43% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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