Saudi Cable Co (SAU:2110) Altman Z-Score: 0.12 (As of Jul. 21, 2026) — 300% Above Median

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SAU:2110 Saudi Cable Co SAU:2110
53 GF Score
Price ﷼158.90
GF Value ﷼281.88
Valuation Possible Value Trap
! 7 Warning Signs
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What is Saudi Cable Co Altman Z-Score?

Saudi Cable Co SAU:2110 +1.86% 53 Altman Z-Score is 0.12 as of Jul. 21, 2026, which is 300% above its 10-year median of 0.03. GuruFocus rates SAU:2110 with a GF Score™ of 53/100 and a GF Value™ of ﷼281.88 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 3,007 Industrial Products companies, Saudi Cable Co ranks worse than 93.61% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Warning Sign:

Altman Z-score of 0.1 is in distress zone. This implies bankruptcy possibility in the next two years.

Saudi Cable Co has a Altman Z-Score of 0.12, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Saudi Cable Co's Altman Z-Score or its related term are showing as below:

SAU:2110' s Altman Z-Score Range Over the Past 10 Years
Min: -3.2   Med: 0.03   Max: 0.93
Current: 0.1

During the past 13 years, Saudi Cable Co's highest Altman Z-Score was 0.93. The lowest was -3.20. And the median was 0.03.


Saudi Cable Co  (SAU:2110) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Saudi Cable Co Altman Z-Score Related Terms


Saudi Cable Co Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Saudi Cable Co's Altman Z-Score 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 Altman Z-Score Chart

Saudi Cable Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.61 -3.20 -2.86 -1.66 0.05

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
Altman Z-Score 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 -1.15 -0.94 -0.76 0.05 0.16

SAU:2110 vs VRT, BE, HUBB: Altman Z-Score Comparison

For the Electrical Equipment & Parts subindustry, Saudi Cable Co's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Saudi Cable Co's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Saudi Cable Co's Altman Z-Score falls into.


SAU:2110
53GF Score
Saudi Cable Co SAU:2110
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Saudi Cable Co Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Saudi Cable Co's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*-0.7348+1.4*-0.2901+3.3*0.1942+0.6*1.0211+1.0*0.1549
=0.12

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was ﷼865.8 Mil.
Total Current Assets was ﷼204.7 Mil.
Total Current Liabilities was ﷼841.0 Mil.
Retained Earnings was ﷼-251.2 Mil.
Pre-Tax Income was 26.774 + 85.151 + 36.781 + 18.228 = ﷼166.9 Mil.
Interest Expense was -0.288 + -0.369 + -0.268 + -0.297 = ﷼-1.2 Mil.
Revenue was 22.274 + 42.681 + 38.974 + 30.191 = ﷼134.1 Mil.
Market Cap (Today) was ﷼1,060.3 Mil.
Total Liabilities was ﷼1,038.4 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(204.748 - 840.984)/865.834
=-0.7348

X2=Retained Earnings/Total Assets
=-251.218/865.834
=-0.2901

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(166.934 - -1.222)/865.834
=0.1942

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1060.325/1038.381
=1.0211

X5=Revenue/Total Assets
=134.12/865.834
=0.1549

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Saudi Cable Co has a Altman Z-Score of 0.12 indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 0.12 mean?
Saudi Cable Co (SAU:2110) has a Altman Z-Score of 0.12 as of Jul. 21, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Saudi Cable Co and its competitors. This is 300% above median its historical median of 0.03. According to the industry distribution chart, Saudi Cable Co ranks #2815 out of 3007 companies in the Industrial Products industry, placing it in the top 93.6%.
Is Saudi Cable Co's Altman Z-Score too high?
Saudi Cable Co's current Altman Z-Score of 0.12 is 300% above median its 10-year median of 0.03. The Industrial Products industry median Altman Z-Score is 3.21. Saudi Cable Co's value of 0.12 is 96.3% below this industry median. Based on the distribution chart, Saudi Cable Co ranks #2815 out of 3007 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Saudi Cable Co has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Saudi Cable Co's Altman Z-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Saudi Cable Co ranks #2815 out of 3007 companies for Altman Z-Score. This places Saudi Cable Co in the lower half of its industry. The industry median Altman Z-Score is 3.21. Saudi Cable Co's value of 0.12 is 96.3% below this benchmark. While the company's 10-year median is 0.03 vs. the industry median of 3.21, Saudi Cable Co has consistently been below 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 Altman Z-Score for an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.21, based on 3,007 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saudi Cable Co's current Altman Z-Score of 0.12 is 96.3% below 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Saudi Cable Co and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saudi Cable Co's current Altman Z-Score is 0.12, which is 300% above median its own 10-year median of 0.03. 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 ﷼281.88, compared to a current price of ﷼158.90 — trading 43.6% below its estimated fair value. The current Altman Z-Score is 0.12, which is 300% above median its 10-year median of 0.03 and 96.3% below the Industrial Products industry median of 3.21. Saudi Cable Co's overall GF Score™ is 53/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Saudi Cable Co (SAU:2110), the current Altman Z-Score is 0.12 as of Jul. 21, 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 ﷼158.90 is trading 43.6% below its estimated GF Value™ of ﷼281.88. GuruFocus considers Saudi Cable Co to be Possible Value Trap.

Key valuation signals for SAU:2110:

  • Altman Z-Score: 0.12 (300% above median its 10-year median of 0.03)
  • GF Value™: ﷼281.88 vs. price of ﷼158.90 (43.6% below fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 96.3% below the Industrial Products median (#2815 of 3007)

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.
53GF Score

Get the complete analysis for SAU:2110

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

﷼158.90
Price
﷼281.88
GF Value