Saudi Cable Co (SAU:2110) Construction In Progress: ﷼4.5 Mil (As of Mar. 2026)


SAU:2110 Saudi Cable Co SAU:2110
48 GF Score
Price ﷼159.40
GF Value ﷼280.59
Valuation Possible Value Trap
! 7 Warning Signs
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What is Saudi Cable Co Construction In Progress?

Saudi Cable Co SAU:2110 -0.99% 48 Construction In Progress is ﷼4.5 Mil as of Mar. 2026. GuruFocus rates SAU:2110 with a GF Score™ of 48/100 and a GF Value™ of ﷼280.59 (Possible Value Trap). The stock has 7 warning signs investors should review.

Saudi Cable Co's quarterly construction in progress declined from Sep. 2025 (﷼4.5 Mil) to Dec. 2025 (﷼4.4 Mil) but then increased from Dec. 2025 (﷼4.4 Mil) to Mar. 2026 (﷼4.5 Mil).

Saudi Cable Co's annual construction in progress declined from Dec. 2023 (﷼3.0 Mil) to Dec. 2024 (﷼1.7 Mil) but then increased from Dec. 2024 (﷼1.7 Mil) to Dec. 2025 (﷼4.4 Mil).

Saudi Cable Co Construction In Progress Historical Data

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The historical data trend for Saudi Cable Co's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Saudi Cable Co Construction In Progress Chart

Saudi Cable Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.61 5.78 3.04 1.71 4.44

Saudi Cable Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 4.45 4.45 4.44 4.49
SAU:2110
48GF Score
Saudi Cable Co SAU:2110
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Saudi Cable Co Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ﷼4.5 Mil mean?
Saudi Cable Co (SAU:2110) has a Construction In Progress of ﷼4.5 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Saudi Cable Co and its competitors.
Is Saudi Cable Co's Construction In Progress too high?
Saudi Cable Co's current Construction In Progress is ﷼4.5 Mil. Overall, Saudi Cable Co has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Saudi Cable Co's Construction In Progress compare to VRT and BE?
Saudi Cable Co's Construction In Progress of ﷼4.5 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Industrial Products company?
A good Construction In Progress depends on the Industrial Products industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Saudi Cable Co and its competitors. Saudi Cable Co's current Construction In Progress is ﷼4.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Cable Co stock overvalued right now?
Based on GuruFocus' analysis, Saudi Cable Co (SAU:2110) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼280.59, compared to a current price of ﷼159.40 — trading 43.2% below its estimated fair value. The current Construction In Progress is ﷼4.5 Mil. Saudi Cable Co's overall GF Score™ is 48/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Saudi Cable Co (SAU:2110), the current Construction In Progress is ﷼4.5 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Saudi Cable Co (SAU:2110) Overvalued in 2026?

Based on GuruFocus' analysis, Saudi Cable Co stock appears to be undervalued. The current stock price of ﷼159.40 is trading 43.2% below its estimated GF Value™ of ﷼280.59. GuruFocus considers Saudi Cable Co to be Possible Value Trap.

Key valuation signals for SAU:2110:

  • Construction In Progress: ﷼4.5 Mil
  • GF Value™: ﷼280.59 vs. price of ﷼159.40 (43.2% below fair value)
  • GF Score™: 48/100 with 7 warning signs

No single metric tells the full story. See the SAU:2110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Saudi Cable Co Business Description

Address Industrial Area Phase 2, P. O. Box 4403, Jeddah, SAU, 21491
Saudi Cable Co and its subsidiaries are engaged in manufacturing and supplying electrical and telecommunication cables, copper rods, PVC compounds, wooden reels, and related products. It is also engaged in the contracting, trading, distribution, and supply of cables, electronic products, information technology products, and related accessories. The company has the following main business segments: Sale of manufactured goods, which derives key revenue, and Turnkey power and telecommunication projects. Geographically, the company operations are carried out in the Kingdom of Saudi Arabia, Turkey, and others, of which Saudi Arabia generates the majority of revenue.
48GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

﷼159.40
Price
﷼280.59
GF Value