Middle East Specialized Cables Co (SAU:2370) 3-Year Book Growth Rate : 1.50% (As of Mar. 2024)

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What is Middle East Specialized Cables Co 3-Year Book Growth Rate?

Middle East Specialized Cables Co's Book Value per Share for the quarter that ended in Mar. 2024 was ﷼10.09.

During the past 12 months, Middle East Specialized Cables Co's average Book Value per Share Growth Rate was 18.50% per year. During the past 3 years, the average Book Value per Share Growth Rate was 1.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was -1.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was -3.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Middle East Specialized Cables Co was 16.50% per year. The lowest was -23.80% per year. And the median was -3.05% per year.

Competitive Comparison of Middle East Specialized Cables Co's 3-Year Book Growth Rate

For the Electrical Equipment & Parts subindustry, Middle East Specialized Cables Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Middle East Specialized Cables Co's 3-Year Book Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Middle East Specialized Cables Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Middle East Specialized Cables Co's 3-Year Book Growth Rate falls into.

Middle East Specialized Cables Co 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Middle East Specialized Cables Co (SAU:2370) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Middle East Specialized Cables Co 3-Year Book Growth Rate Related Terms

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Middle East Specialized Cables Co (SAU:2370) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Middle East Specialized Cables Co (SAU:2370) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

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Address

Salahuddin Street, King Abdulaziz Sector, PO Box 60536, Riyadh, SAU, 11555

Website

https://www.mesccables.com

Middle East Specialized Cables Co is a company which is engaged in the production and sale of flexible electric, coaxial, rubber and nylon coated wires and cables, telephone cables for internal extensions, computer cables, safety and anti-fire wires and cables, and control and transmission of information cables. The company's products include instrumentation and process control cables, Building wire, power, and control cables (PVC), data and communication cable, Flexible cables, fire cables, irrigation cables, bare copper and PVCs. It operates its business in two geographic segments namely Saudi Arabia and Unites Arab Emirates (UAE). The majority of the company's revenue comes from Saudi Arabia.

Middle East Specialized Cables Co (SAU:2370) Headlines

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