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Saudi Cable

الكابلات السعودية
2110 Main Market Shariah Compliant Buy
177.30 SAR
+0.70 (+0.40%)
Market Cap 1.18B SAR
Volume 27.08K shares
P/E Ratio 6.50
Dividend Yield 0.00%
52-Week Range Capital Goods
124.80
190.60
Last Updated: August 12, 2026 Confidence: 75%

Technical Analysis & Signals

Buy
Confidence 75%

Saudi Cables stock shows an upward trend with positive signals in technical analysis.

Support 176.40 SAR
Resistance 180.90 SAR
Short-term (1-2 weeks) 185.00 SAR
Medium-term (1-3 months) 190.00 SAR
Risk Score
4/10 Medium
Technical Analysis

Saudi Cables stock (2110.SR) shows positive signals with patterns like an ascending triangle and a bullish flag. The Relative Strength Index (RSI) at 69.6 indicates the stock is nearing overbought territory.

Support & Resistance Levels

The current support level is at 176.4 SAR, while resistance is at 180.9 SAR. The stock may head towards the resistance level if the positive momentum continues.

Volume Analysis

Trading volume may indicate the strength of the current trend, as increased volume could support the upward trend. Volume is expected to increase if the stock continues to rise.

Fundamental Factors

The price-to-earnings (P/E) ratio at 6.5 suggests that the stock may be undervalued. However, the 0% dividend yield may limit its appeal to investors.

Risk Factors

Saudi Cables may face market risks, including fluctuations in raw material prices and economic changes. It is important to monitor any shifts in the overall Saudi market trend and the TASI index.

Recommendation

Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Investors are advised to conduct their own research before making any investment decisions.

Analyzed: August 12, 2026, 3:02 PM Rule-based analysis

Financial Fundamentals

Market Cap 1.18B
P/E Ratio 6.50
P/B Ratio -5.50
EPS 27.16
Dividend Yield 0.00%
Dividend/Share 0.00
ROE 0.00%
Debt/Equity 0.00
Free Float 84.16%
Shares Outstanding 6.67M

Price Data

52-Week High 190.60
52-Week Low 124.80
3-Month High 190.60
3-Month Low 143.60
Open 176.60
Day's High 180.90
Day's Low 176.40
Previous Close 176.60

Price Chart - Saudi Cable

2110

Technical Analysis

Current Price: 177.30 SAR
Overall Technical Signal Bullish Signal
7 Bullish 1 Neutral 1 Bearish

Moving Averages

SMA 20 163.04 SAR
Bullish
SMA 50 166.72 SAR
Bullish
SMA 200 154.21 SAR
Bullish
EMA 12 168.58 SAR
Bullish
EMA 26 165.55 SAR
Bullish
Current Price 177.30 SAR — Price above average = Bullish

Momentum Indicators

RSI 14
69.60 Neutral
Oversold (<30) Neutral Overbought (>70)
MACD Bullish
MACD 3.025
Signal 0.872
Histogram +2.152

Bollinger Bands

Above Upper Band
Upper Band 176.54 SAR
Middle Band 163.04 SAR
Lower Band 149.55 SAR
Price position within band
Lower Band Upper Band
Average True Range (ATR) 4.80 SAR

Trend Strength (ADX)

Weak Trend
17.3
Weak (<20) Moderate Strong (>40)
+DI (Bullish) 31.00
-DI (Bearish) 13.30
Dominant Trend: Bullish
On-Balance Volume (OBV) 1.91M shares

Financial Summary

Saudi Cable

Valuation

Market Cap
1.18B
P/E Ratio
6.50
P/B Ratio
-5.50
EPS (Earnings/Share)
27.16

Profitability

Revenue
134.12M
Net Income
181.21M
Return on Equity (ROE)
0.00%
Shares Outstanding
6.67M

Balance Sheet

Total Assets
869.67M
Total Debt
171.92M
Debt/Equity
0.00
Free Float %
+84.2%

Dividends & Margins

Dividend Yield
0.00%
Dividend/Share
0.00
Book Value
N/A

Financial data extracted from published quarterly reports. All values in SAR unless otherwise stated.

Historical Financial Data

5 years
Year RevenueNet IncomeTotal AssetsTotal DebtEPS
2025
155.95M +253.8%
201.93M +314.1%
869.67M +17.6%
108.04M -0.9%
30.26 +314.0%
2024
44.08M +43.7%
48.76M +173.9%
739.49M +29.6%
108.96M -1.5%
7.31 +173.8%
2023
30.68M -55.1%
17.80M +103.1%
570.39M -27.8%
110.61M -76.6%
2.67 +103.1%
2022
68.37M
-580.48M
789.60M
472.87M
-86.99
2021

Historical data sourced from Yahoo Finance and may differ from official audited financial reports.

Price Forecast

Buy
Buy
Confidence
75%
Price Range
Medium Target 190.00 +7.16%
Short Target 185.00 +4.34%
Resistance 180.90 +2.03%
Current Price 177.30
Support 176.40 -0.51%
Short-term Target 1-3 months
185.00 +4.34%
Medium-term Target 3-6 months
190.00 +7.16%
Upside +7.2%
Downside -0.5%
Risk/Reward Ratio Favorable
14.11 : 1

These forecasts are based on technical analysis and AI and do not constitute investment advice. Past performance does not guarantee future results.

News & Events

No news currently available for Saudi Cable

Sector Comparison

Capital Goods

Dividend History

Saudi Cable
Annual Total per Share
2011
7.25
4.1%
Amount per share Yield %
Recent Payments
June 2011 7.25

Dividend data from Tadawul records. All amounts in SAR. Estimated yield calculated based on year-end price.

Ownership Structure

Locked Ownership15.84%
Free Float84.16%

Data source: Yahoo FinanceLast updated: 2026-08-12

Risk Assessment

Low
Low 3
Medium 2
High 0

Risk Factors

!
Moderate Volatility Medium

Average True Range 2.7% of stock price

Good Liquidity Low

Trading volume near or above average

Low Valuation Low

P/E ratio 6.5 — below average

Low Debt Low

Debt-to-equity ratio 0.00

!
Weak Trend Medium

ADX indicator at 17 — no clear direction

Low

Stable fundamentals, low volatility, and good financial solvency

Confidence Level 75%
Analysis Signal Buy

This assessment is automated based on quantitative data and does not constitute investment advice. Please consult a licensed financial advisor before making investment decisions.

FAQ

6 question
1 What is Saudi Cable stock price today?

Saudi Cable (2110) stock price today is 177.30 SAR, gaining by +0.40% compared to the previous session close. The 52-week price range is between 124.80 SAR and 190.60 SAR.

2 What is Saudi Cable stock valuation?

The automated analysis signal for Saudi Cable is "Buy" with 75% confidence. The P/E ratio is 6.5. The P/B ratio is -5.50.

3 Is Saudi Cable Shariah-compliant?

Yes, Saudi Cable (2110) is Shariah-compliant according to the latest lists approved by relevant Shariah authorities.

4 What are Saudi Cable dividend distributions?

No dividend payment data is currently available for Saudi Cable. The company may not distribute dividends or the data has not been updated yet.

5 What is Saudi Cable weekly performance?

Saudi Cable performance over different time periods: weekly change +7.07%, monthly +8.18%, and year-to-date +26.10%. The stock is currently trading with a volume of 27,082 shares.

6 What is the target level for Saudi Cable?

According to automated analysis for Saudi Cable: Short-term target (1-2 weeks): 185.00 SAR. Medium-term target (1-3 months): 190.00 SAR. Support level: 176.40 SAR. Resistance level: 180.90 SAR. Note: These are automated analytical levels and do not constitute investment advice.

Disclaimer

The information provided on this page is for educational and analytical purposes only and does not constitute investment advice or a recommendation to buy or sell. Past performance does not guarantee future results. All investments involve risk including loss of capital. Please consult a licensed financial advisor before making any investment decisions.

Automated analysis relies on historical data and technical indicators and may not reflect future market conditions.