Middle East Specialized Cables Company (TADAWUL:2370)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
34.80
-0.08 (-0.23%)
Sep 3, 2026, 3:16 PM AST

TADAWUL:2370 Financials Overview

Millions SAR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,7301,4821,144926.88814.4516.5
Revenue Growth
30.81%29.56%23.41%13.81%57.67%-1.73%
Gross Profit
280.09237.09200.25151.6874.5451.55
Operating Income
156.15133.06116.7376.3425.57-6.12
Net Income
117.39101.669148.94-11.79-22.72
Earnings Per Share
2.932.542.271.22-0.29-0.57
EPS Growth
27.10%11.72%85.96%---

Revenue by Geography

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Kingdom of Saudi Arabia
1,048913.34770.3617.45557.39383.12
United Arab Emirates
865.7699.01439.57376.94312.61159.24
Intersegment Eliminations
-183.59-130.34-65.95-67.51-55.61-25.86
Total
1,7301,4821,144926.88814.4516.5

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
55.3839.5419.2820.9843.568.03
Total Debt
314.83183.6992.3616.11106.5483.4
Net Cash (Debt)
-259.45-144.14-73.084.87-63.04-15.37
Net Cash Growth
------
Net Cash Per Share
-6.49-3.60-1.830.12-1.58-0.38

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
31.775.05-45.4681.61-43.3462.61
Capital Expenditures
-20.13-19.96-26.77-12.78-3.26-10.66
Free Cash Flow
11.63-14.91-72.2368.83-46.651.95
Free Cash Flow Growth
-----40.14%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
16.19%16.00%17.51%16.36%9.15%9.98%
Operating Margin
9.03%8.98%10.21%8.24%3.14%-1.19%
Pretax Margin
7.65%7.77%9.16%7.07%2.34%-1.97%
Profit Margin
6.78%6.86%7.95%5.28%-1.45%-4.40%
FCF Margin
0.67%-1.01%-6.31%7.43%-5.72%10.06%

Dividends

Fiscal YearCurrentFY 2025
Period EndingSep '26 Dec '25
Dividend Per Share
1.2001.000
Dividend Per Share Growth
120.00%-
Dividend Yield
3.45%4.80%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
11.868.3719.0818.26--
Forward PE
-15.1915.1915.1915.1915.19
P/FCF Ratio
119.65--12.98-15.58
PS Ratio
0.800.571.520.960.491.57