Saudi Cable Co (SAU:2110) ROE %: Negative Equity% (As of Mar. 2026)


SAU:2110 Saudi Cable Co SAU:2110
52 GF Score
Price ﷼161.00
GF Value ﷼279.88
Valuation Possible Value Trap
! 7 Warning Signs
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What is Saudi Cable Co ROE %?

Saudi Cable Co SAU:2110 -1.65% 52 ROE % is Negative Equity% as of Mar. 2026. GuruFocus rates SAU:2110 with a GF Score™ of 52/100 and a GF Value™ of ﷼279.88 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 3,000 Industrial Products companies, Saudi Cable Co ranks better than 99.97% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Saudi Cable Co's annualized net income for the quarter that ended in Mar. 2026 was ﷼94.5 Mil. Saudi Cable Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ﷼-193.4 Mil. Therefore, Saudi Cable Co's annualized ROE % for the quarter that ended in Mar. 2026 was Negative Equity%.

The historical rank and industry rank for Saudi Cable Co's ROE % or its related term are showing as below:

SAU:2110' s ROE % Range Over the Past 10 Years
Min: -104.33   Med: -41.03   Max: -28.73
Current: Negative Equity

During the past 13 years, Saudi Cable Co's highest ROE % was -28.73%. The lowest was -104.33%. And the median was -41.03%.

SAU:2110's ROE % is ranked better than
99.97% of 3000 companies
in the Industrial Products industry
Industry Median: 5.85 vs SAU:2110: Negative Equity

Saudi Cable Co  (SAU:2110) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=94.456/-193.449
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(94.456 / 89.096)*(89.096 / 867.752)*(867.752 / -193.449)
=Net Margin %*Asset Turnover*Equity Multiplier
=106.02 %*0.1027*N/A
=ROA %*Equity Multiplier
=10.89 %*N/A
=Negative Equity %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=94.456/-193.449
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (94.456 / 107.096) * (107.096 / -106.428) * (-106.428 / 89.096) * (89.096 / 867.752) * (867.752 / -193.449)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.882 * -1.0063 * -119.45 % * 0.1027 * N/A
=Negative Equity %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Saudi Cable Co ROE % Related Terms


Saudi Cable Co ROE % Historical Data

* Premium members only.

The historical data trend for Saudi Cable Co's ROE % 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 ROE % Chart

Saudi Cable Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -104.33 0.00 Negative Equity Negative Equity Negative Equity

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
ROE % 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 Negative Equity Negative Equity Negative Equity Negative Equity Negative Equity

SAU:2110 vs VRT, BE, HUBB: ROE % Comparison

For the Electrical Equipment & Parts subindustry, Saudi Cable Co's ROE %, along with its competitors' market caps and ROE % 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.


Saudi Cable Co ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Saudi Cable Co's ROE % distribution charts can be found below:

* The bar in red indicates where Saudi Cable Co's ROE % falls into.


SAU:2110
52GF Score
Saudi Cable Co SAU:2110
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saudi Cable Co ROE % Calculation

Saudi Cable Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=201.925/( (-419.441+-214.351)/ 2 )
=201.925/-316.896
=Negative Equity %

Saudi Cable Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=94.456/( (-214.351+-172.547)/ 2 )
=94.456/-193.449
=Negative Equity %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of Negative Equity% mean?
Saudi Cable Co (SAU:2110) has a ROE % of Negative Equity% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Saudi Cable Co and its competitors. According to the industry distribution chart, Saudi Cable Co ranks #1 out of 3000 companies in the Industrial Products industry, placing it in the top 0%.
Is Saudi Cable Co's ROE % too high?
Saudi Cable Co's current ROE % is Negative Equity%. Based on the distribution chart, Saudi Cable Co ranks #1 out of 3000 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Saudi Cable Co has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Saudi Cable Co's ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Saudi Cable Co ranks #1 out of 3000 companies for ROE %. This places Saudi Cable Co in the top 0% of its industry — outperforming the majority of peers. The industry median ROE % is 5.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.85, based on 3,000 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Saudi Cable Co and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saudi Cable Co's current ROE % is Negative Equity%. 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 ﷼279.88, compared to a current price of ﷼161.00 — trading 42.5% below its estimated fair value. The current ROE % is Negative Equity%. Saudi Cable Co's overall GF Score™ is 52/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Saudi Cable Co (SAU:2110), the current ROE % is Negative Equity% 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 ﷼161.00 is trading 42.5% below its estimated GF Value™ of ﷼279.88. GuruFocus considers Saudi Cable Co to be Possible Value Trap.

Key valuation signals for SAU:2110:

  • ROE %: Negative Equity%
  • GF Value™: ﷼279.88 vs. price of ﷼161.00 (42.5% below fair value)
  • GF Score™: 52/100 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.
52GF Score

Get the complete analysis for SAU:2110

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

﷼161.00
Price
﷼279.88
GF Value