Electrical Industries Company

$ 15.50 -1.96 %

Established in Dammam, Kingdom of Saudi Arabia, in 1976, Electrical Industries Company, operating through its subsidiaries, is a prominent provider of electrical equipment and technical services, catering to markets within Saudi Arabia and globally. The company specializes in the production, assembly, and supply of a diverse range of electrical apparatus. Its product offerings include various types of transformers, such as power, distribution, pole and pad-mounted, and slim models. EIC also delivers complete package and unit substations, along with comprehensive cable management systems featuring cable ladders, trays, trunking, communication runways, and related covers and accessories. For low-voltage needs, the company manufactures metal-enclosed switchgears (including Magnum DS and IEC-compliant versions), motor control centers, panel boards, switch racks, and bus and cable ducting systems. Its high-voltage equipment line includes annunciator, protection and control, and synchronizing panels. Furthermore, for medium-voltage applications, EIC supplies indoor metal-clad switchgears, indoor metal-enclosed motor controllers, and associated bus and cable ducts. Beyond product provision, Electrical Industries Company offers an extensive array of industrial services. These services encompass calibration and instrumentation, the refurbishment, modification, and upgrading of existing electrical equipment, transformer oil filling, processing, and filtration, relay setting and coordination studies, and on-site testing and commissioning of electrical installations. The company's customer base spans the commercial, residential, and industrial sectors.

CEO: Tariq Bin Mohamad Al Tahini - https://www.eic.com.sa

Price objectif

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Recommandation

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DCF

$ 31.87

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1303.SR vs S&P500

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Quick ratio

1.09

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

25.00

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

0.62

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

57.98 %

is generally considered excellent, indicating that the company is generating strong profits with its equity.

ROIC

45.88 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

6.00

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.03

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

0.34

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

60.33 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
6 indicates moderate financial health
Altman score
11.29 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
0.23 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.01 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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