Middle East Specialized Cables Co (2370)

Currency in SAR
21.18
-0.74(-3.38%)
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
20.9022.00
52 wk Range
20.9048.05
Key Statistics
Bid/Ask
21.03 / 21.17
Prev. Close
21.92
Open
21.92
Day's Range
20.9-22
52 wk Range
20.9-48.05
Volume
311.29K
Average Volume (3m)
570.56K
1-Year Change
-46.27%
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Price
Upside
Analysts Sentiment
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Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low earnings multiple
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Technical Analysis

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

MESC 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
9.6x17.9x12.3x
PEG Ratio
0.600.200.03
Price/Book
1.7x2.6x1.4x
Price / LTM Sales
0.6x0.9x1.3x
Upside (Analyst Target)
-5.3%19.6%
Fair Value Upside
Unlock1.2%6.2%Unlock
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.29%
Dividend Yield
4.56%
Industry Median 2.44%
Annualised 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

MESC (2370) Income Statement & Profits

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FAQ

What Is the MESC (2370) Share Price Today?

The live MESC share price today is 21.18

What Stock Exchange Does MESC (2370) Trade On?

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

What Is the Ticker (Stock Symbol) for MESC?

The stock symbol (also called a 'ticker') for MESC is "2370."

Does MESC Pay Dividends? What’s The Current 2370 Dividend Yield?

Yes, 2370 Pays Dividends to its Shareholders. The current MESC dividend yield is 4.56%.

What Is the Current MESC Market Cap?

As of today, MESC market capitalisation is 847.60M.

What Is MESC's (2370) Earnings Per Share (TTM)?

The MESC EPS is currently 2.29 (Trailing Twelve Months).

Is 2370 a Buy or Sell From a Technical Analyst Perspective?

Based on today's MESC 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. (See the 2370 stock split history page for full effective split date and price information.)

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

As of 28 Dec 2025, MESC (2370) is trading at a price of 21.18, with a previous close of 21.92. The stock has fluctuated within a day range of 20.90 to 22.00, while its 52-week range spans from 20.90 to 48.05.
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