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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Middle East Specialized Cables Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ﷼130 Mil.
Middle East Specialized Cables Co's average Total Assets over the quarter that ended in Mar. 2026 was ﷼1,294 Mil. Therefore, Middle East Specialized Cables Co's annualized ROA % for the quarter that ended in Mar. 2026 was 10.07%.
SAU:2370'
s ROA % Range Over the Past 10 Years
Min: -9.98 Med: 0.82 Max: 10.71
Current: 9.92
During the past 13 years, Middle East Specialized Cables Co's highest ROA % was 10.71%. The lowest was -9.98%. And the median was 0.82%.
SAU:2370's ROA % is ranked better than 87.63% of 3073
companies
in the Industrial Products industry
Industry Median: 3.06
vs SAU:2370: 9.92
Middle East Specialized Cables Co (SAU:2370) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Middle East Specialized Cables Co ROA % Related Terms
Middle East Specialized Cables Co ROA % 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.
For the Electrical Equipment & Parts subindustry, Middle East Specialized Cables Co's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Middle East Specialized Cables Co's ROA % distribution charts can be found below:
* The bar in red indicates where Middle East Specialized Cables Co's ROA % 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 ROA %, the net income of the last fiscal year and the average total 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.
ROA % is displayed in the 30-year financial page.
Middle East Specialized Cables Co (SAU:2370) has a ROA % of 10.07% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Middle East Specialized Cables Co and its competitors. This is 1128% above median its historical median of 0.82. According to the industry distribution chart, Middle East Specialized Cables Co ranks #380 out of 3073 companies in the Industrial Products industry, placing it in the top 12.4%.
Is Middle East Specialized Cables Co's ROA % too high?
Middle East Specialized Cables Co's current ROA % of 10.07% is 1128% above median its 10-year median of 0.82. The Industrial Products industry median ROA % is 3.06. Middle East Specialized Cables Co's value of 10.07% is 229.1% above this industry median. Based on the distribution chart, Middle East Specialized Cables Co ranks #380 out of 3073 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 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Middle East Specialized Cables Co's ROA % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Middle East Specialized Cables Co ranks #380 out of 3073 companies for ROA %. This places Middle East Specialized Cables Co in the top 12% of its industry — outperforming the majority of peers. The industry median ROA % is 3.06. Middle East Specialized Cables Co's value of 10.07% is 229.1% above this benchmark. While the company's 10-year median is 0.82 vs. the industry median of 3.06, 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 ROA % for an Industrial Products company?
The median ROA % among Industrial Products companies is 3.06, based on 3,073 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Middle East Specialized Cables Co's current ROA % of 10.07% is 229.1% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Middle East Specialized Cables Co and its competitors. For the Industrial Products industry, the median ROA % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Middle East Specialized Cables Co's current ROA % is 10.07%, which is 1128% 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 ﷼42.20, compared to a current price of ﷼31.22 — trading 26% below its estimated fair value. The current ROA % is 10.07%, which is 1128% above median its 10-year median of 0.82 and 229.1% above the Industrial Products industry median of 3.06. Middle East Specialized Cables Co's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Middle East Specialized Cables Co (SAU:2370), the current ROA % is 10.07% 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 ﷼31.22 is trading 26% below its estimated GF Value™ of ﷼42.20.
GuruFocus considers Middle East Specialized Cables Co to be Modestly Undervalued.
Key valuation signals for SAU:2370:
ROA %: 10.07% (1128% above median its 10-year median of 0.82)
GF Value™: ﷼42.20 vs. price of ﷼31.22 (26% below fair value)
Industry Position: 229.1% above the Industrial Products median (#380 of 3073)
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 Business Description
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.
77GF Score
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