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Middle East Specialized Cables CoSAU:2370 -0.46%79 Return-on-Tangible-Asset is 10.14% as of Mar. 2026, which is 1137% above its 10-year median of 0.82. GuruFocus rates SAU:2370 with a GF Score™ of 79/100 and a GF Value™ of ﷼42.88 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,084 Industrial Products companies, Middle East Specialized Cables Co ranks better than 84.21% on this metric.
The historical rank and industry rank for Middle East Specialized Cables Co's Return-on-Tangible-Asset or its related term are showing as below:
SAU:2370'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.01 Med: 0.82 Max: 10.76
Current: 9.97
During the past 13 years, Middle East Specialized Cables Co's highest Return-on-Tangible-Asset was 10.76%. The lowest was -10.01%. And the median was 0.82%.
SAU:2370's Return-on-Tangible-Asset is ranked better than 84.21% of 3084
companies
in the Industrial Products industry
Industry Median: 3.41
vs SAU:2370: 9.97
Middle East Specialized Cables Co (SAU:2370) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Middle East Specialized Cables Co Return-on-Tangible-Asset Related Terms
Middle East Specialized Cables Co Return-on-Tangible-Asset Historical Data
* 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.
Middle East Specialized Cables Co Return-on-Tangible-Asset Chart
SAU:2370 vs VRT, BE, HUBB: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Middle East Specialized Cables Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Middle East Specialized Cables Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Middle East Specialized Cables Co's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 10.14% mean?
Middle East Specialized Cables Co (SAU:2370) has a Return-on-Tangible-Asset of 10.14% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Middle East Specialized Cables Co and its competitors. This is 1137% above median its historical median of 0.82. According to the industry distribution chart, Middle East Specialized Cables Co ranks #487 out of 3084 companies in the Industrial Products industry, placing it in the top 15.8%.
Is Middle East Specialized Cables Co's Return-on-Tangible-Asset too high?
Middle East Specialized Cables Co's current Return-on-Tangible-Asset of 10.14% is 1137% above median its 10-year median of 0.82. The Industrial Products industry median Return-on-Tangible-Asset is 3.41. Middle East Specialized Cables Co's value of 10.14% is 197.4% above this industry median. Based on the distribution chart, Middle East Specialized Cables Co ranks #487 out of 3084 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Middle East Specialized Cables Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Middle East Specialized Cables Co's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Middle East Specialized Cables Co ranks #487 out of 3084 companies for Return-on-Tangible-Asset. This places Middle East Specialized Cables Co in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.41. Middle East Specialized Cables Co's value of 10.14% is 197.4% above this benchmark. While the company's 10-year median is 0.82 vs. the industry median of 3.41, Middle East Specialized Cables Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.41, based on 3,084 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Middle East Specialized Cables Co's current Return-on-Tangible-Asset of 10.14% is 197.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Middle East Specialized Cables Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Middle East Specialized Cables Co's current Return-on-Tangible-Asset is 10.14%, which is 1137% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Middle East Specialized Cables Co stock overvalued right now?
Based on GuruFocus' analysis, Middle East Specialized Cables Co (SAU:2370) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼42.88, compared to a current price of ﷼30.46 — trading 29% below its estimated fair value. The current Return-on-Tangible-Asset is 10.14%, which is 1137% above median its 10-year median of 0.82 and 197.4% above the Industrial Products industry median of 3.41. Middle East Specialized Cables Co's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Middle East Specialized Cables Co (SAU:2370), the current Return-on-Tangible-Asset is 10.14% 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 Middle East Specialized Cables Co (SAU:2370) Overvalued in 2026?
Based on GuruFocus' analysis, Middle East Specialized Cables Co stock appears to be undervalued.
The current stock price of ﷼30.46 is trading 29% below its estimated GF Value™ of ﷼42.88.
GuruFocus considers Middle East Specialized Cables Co to be Modestly Undervalued.
Key valuation signals for SAU:2370:
Return-on-Tangible-Asset: 10.14% (1137% above median its 10-year median of 0.82)
GF Value™: ﷼42.88 vs. price of ﷼30.46 (29% below fair value)
Industry Position: 197.4% above the Industrial Products median (#487 of 3084)
No single metric tells the full story. See the SAU:2370 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Middle East Specialized Cables Co is engaged in the manufacture of fiber optic cables, steel insulated wires and cables, copper insulated wires and cables, and aluminum insulated wires and cables. It manufactures Industrial cables that consist of instrumentation data & control cables, which are used in industrial projects, refineries, and petrochemical plants to remotely control the data and measurements. Its control cables consist of telephone, computer cables specialized to transfer data and radio signals, and telecommunications widely used in hotels, hospitals, and commercial buildings. Geographically, it generates the majority of its revenue from Saudi Arabia.
79GF Score
Get the complete analysis for SAU:2370
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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