Middle East Specialized Cables Co (2370)

Currency in SAR
22.05
-0.55(-2.43%)
Delayed Data·
Trading near 52-week Low
High dividend Yield
2370 is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
21.9022.78
52 wk Range
21.9048.05
Key Statistics
Bid/Ask
22.05 / 22.06
Prev. Close
22.6
Open
22.78
Day's Range
21.9-22.78
52 wk Range
21.9-48.05
Volume
424.93K
Average Volume (3m)
576.27K
1-Year Change
-47.56%
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
Trading at a low P/E ratio relative to near-term earnings growth
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Middle East Specialized Cables Co Company Profile

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.

Compare 2370 to Peers and Sector

Metrics to compare
2370
Peers
Sector
Relationship
P/E Ratio
9.9x18.0x12.3x
PEG Ratio
0.620.200.03
Price/Book
1.7x2.6x1.4x
Price / LTM Sales
0.6x0.9x1.2x
Upside (Analyst Target)
-5.5%19.7%
Fair Value Upside
Unlock3.0%6.1%Unlock
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.29%
Dividend Yield
4.42%
Industry Median 2.43%
Annualized payout
1.00
Paid annually
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Nov 17, 2025
EPS / Forecast
0.51 / --
Revenue / Forecast
380.52M / --
EPS Revisions
Last 90 days

2370 Income Statement

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FAQ

What Is the MESC (2370) Stock Price Today?

The MESC stock price today is 22.05

What Stock Exchange Does MESC Trade On?

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

What Is the Stock Symbol for MESC?

The stock symbol for MESC is "2370."

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

The MESC dividend yield is 4.42%.

What Is the MESC Market Cap?

As of today, MESC market cap is 882.40M.

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

The MESC EPS (TTM) is 2.29.

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 Strong Sell.

How Many Times Has MESC Stock Split?

MESC has split 3 times.

What is the current trading status of MESC (2370)?

As of Dec 24, 2025, MESC (2370) is trading at a price of 22.05, with a previous close of 22.60. The stock has fluctuated within a day range of 21.90 to 22.78, while its 52-week range spans from 21.90 to 48.05.
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