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Yahoo
12 hours ago
- Business
- Yahoo
Identifying Undiscovered Gems in the Middle East for June 2025
As geopolitical tensions in the Middle East continue to influence market dynamics, many Gulf markets have seen a retreat, with indices such as Dubai's main share index and Abu Dhabi's index experiencing declines. Despite these challenges, the search for undiscovered gems remains crucial, as identifying stocks with strong fundamentals and growth potential can provide valuable opportunities even amidst broader market volatility. Name Debt To Equity Revenue Growth Earnings Growth Health Rating MOBI Industry 6.50% 5.60% 24.00% ★★★★★★ Alf Meem Yaa for Medical Supplies and Equipment NA 17.03% 18.37% ★★★★★★ Baazeem Trading 8.48% -2.02% -2.70% ★★★★★★ Sure Global Tech NA 11.95% 18.65% ★★★★★★ Saudi Azm for Communication and Information Technology 2.07% 16.18% 21.11% ★★★★★★ Nofoth Food Products NA 15.75% 27.63% ★★★★★★ National General Insurance (P.J.S.C.) NA 14.55% 29.05% ★★★★★☆ National Corporation for Tourism and Hotels 19.25% 0.67% 4.89% ★★★★☆☆ Waja 23.81% 98.44% 14.54% ★★★★☆☆ Saudi Chemical Holding 79.49% 16.57% 44.01% ★★★★☆☆ Click here to see the full list of 217 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Value Rating: ★★★★☆☆ Overview: Taaleem Holdings PJSC is a company that provides and invests in education services in the United Arab Emirates, with a market capitalization of AED3.79 billion. Operations: Revenue for Taaleem primarily comes from school operations, amounting to AED1.05 billion. Taaleem Holdings PJSC, a nimble player in the UAE's education sector, has demonstrated robust earnings growth of 16.9% over the past year, outpacing the industry average of 6.7%. With sales for Q2 2025 reaching AED 343.74 million compared to AED 282.54 million previously, revenue and net income figures also showed positive trends at AED 20.1 million and AED 92.02 million respectively for the quarter ended February 28, though net income was slightly lower than last year's same period at AED 92.19 million. The company's debt-to-equity ratio has risen from 19.9% to a more leveraged position of 29.1%, yet its interest obligations are comfortably covered by EBIT at nearly fifty times over—demonstrating financial resilience amidst strategic expansion efforts targeting premium segments despite potential margin pressures from higher costs associated with these initiatives. Taaleem Holdings PJSC plans to add 10,000 seats by 2026 through strategic expansion. Click here to explore the full narrative on Taaleem's growth strategy and market positioning. Simply Wall St Value Rating: ★★★★★★ Overview: Ackerstein Group Ltd is involved in production, infrastructure, construction, and development activities in Israel and the United States, with a market capitalization of ₪2.55 billion. Operations: Ackerstein Group's revenue primarily comes from its Engineering Segment, generating ₪560.42 million, followed by the Industry Sector at ₪289.34 million and the Real Estate Sector at ₪47.92 million. The Industry Sector Abroad contributes an additional ₪57.57 million to the total revenue stream. Ackerstein Group, a notable player in the Middle East's basic materials sector, showcases impressive financial health with earnings growth of 48.8% over the past year, outpacing the industry average of -6.7%. The company's interest payments are well-covered by EBIT at 50.8 times, indicating strong operational efficiency. A significant one-off gain of ₪62.3 million impacted its recent financial results, highlighting some volatility in earnings quality. Over five years, Ackerstein has reduced its debt to equity ratio from 43.3% to a satisfactory 12%, reflecting prudent debt management strategies amidst a highly volatile share price environment recently observed over three months. Take a closer look at Ackerstein Group's potential here in our health report. Gain insights into Ackerstein Group's historical performance by reviewing our past performance report. Simply Wall St Value Rating: ★★★★★☆ Overview: Y.D. More Investments Ltd is a privately owned investment manager with a market capitalization of ₪1.77 billion, focusing on various financial management services. Operations: The company's primary revenue streams include management of provident and pension funds, generating ₪540.82 million, and mutual fund management with revenues of ₪231.26 million. Investment portfolio management contributes an additional ₪34.40 million in revenue. Y.D. More Investments, a nimble player in the Middle East market, has shown robust growth with earnings up 38.9% over the past year, outpacing the industry average of 28.5%. The company's net income for Q1 2025 surged to ILS 31.62 million from ILS 17.11 million a year prior, while revenue climbed to ILS 230.15 million compared to last year's ILS 188.26 million. Despite a volatile share price recently, Y.D.'s debt-to-equity ratio rose from just 0.3% to an elevated level of 62.7% over five years, indicating increased leverage but also potential for strategic expansion and investment opportunities in its sector. Click here and access our complete health analysis report to understand the dynamics of Y.D. More Investments. Understand Y.D. More Investments' track record by examining our Past report. Delve into our full catalog of 217 Middle Eastern Undiscovered Gems With Strong Fundamentals here. Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools. Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include DFM:TAALEEM TASE:ACKR and TASE:MRIN. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
12 hours ago
- Business
- Yahoo
National General Insurance (P.J.S.C.) And 2 Other Undiscovered Gems In Middle East Markets
As tensions between Israel and Iran escalate, most Gulf markets have turned red, with investors showing caution amid fears of regional instability. Despite this challenging environment, the search for undiscovered gems within Middle Eastern markets remains crucial, as these stocks can offer unique opportunities for diversification and growth potential in uncertain times. Name Debt To Equity Revenue Growth Earnings Growth Health Rating MOBI Industry 6.50% 5.60% 24.00% ★★★★★★ Alf Meem Yaa for Medical Supplies and Equipment NA 17.03% 18.37% ★★★★★★ Baazeem Trading 8.48% -2.02% -2.70% ★★★★★★ Sure Global Tech NA 11.95% 18.65% ★★★★★★ Saudi Azm for Communication and Information Technology 2.07% 16.18% 21.11% ★★★★★★ Nofoth Food Products NA 15.75% 27.63% ★★★★★★ National General Insurance (P.J.S.C.) NA 14.55% 29.05% ★★★★★☆ National Corporation for Tourism and Hotels 19.25% 0.67% 4.89% ★★★★☆☆ Waja 23.81% 98.44% 14.54% ★★★★☆☆ Saudi Chemical Holding 79.49% 16.57% 44.01% ★★★★☆☆ Click here to see the full list of 217 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. Below we spotlight a couple of our favorites from our exclusive screener. Simply Wall St Value Rating: ★★★★★☆ Overview: National General Insurance Co. (P.J.S.C.) operates in the United Arab Emirates, focusing on underwriting life and general insurance as well as reinsurance, with a market capitalization of AED1.06 billion. Operations: NGI generates revenue primarily from its insurance segment, totaling AED869.21 million. The company experiences a segment adjustment of AED120.97 million. National General Insurance (NGI), a nimble player in the Middle East insurance sector, showcases robust financial health with no debt and a price-to-earnings ratio of 8x, which is attractive compared to the AE market's 12.1x. The company's earnings surged by 31.6% over the past year, outpacing the industry average of -9.4%. Recent earnings for Q1 2025 reported net income at AED 35.58 million, up from AED 30.32 million last year, with basic EPS rising to AED 0.22 from AED 0.18. Despite its volatile share price recently, NGI's high-quality non-cash earnings remain noteworthy. Delve into the full analysis health report here for a deeper understanding of National General Insurance (P.J.S.C.). Gain insights into National General Insurance (P.J.S.C.)'s past trends and performance with our Past report. Simply Wall St Value Rating: ★★★★★★ Overview: I.B.I. Investment House Ltd. is a publicly owned holding investment firm with approximately NIS 11 billion ($2.63 billion) in assets under management and a market capitalization of ₪3.06 billion, focusing on various financial services and investment activities. Operations: I.B.I. Investment House derives its revenue primarily from service, trade, and custody activities (₪329.32 million), alongside capital group operations (₪212.37 million) and alternative investment management (₪180.51 million). The company also generates income from pension and financial agencies (₪103.56 million) and issues and underwriting services (₪45.54 million). I.B.I. Investment House, a nimble player in the financial sector, showcases robust financial health with high-quality earnings and positive free cash flow. Despite its volatile share price recently, the firm's interest coverage is strong at 22.1 times EBIT. Over five years, IBI's debt to equity ratio improved from 30.9% to 22.9%, reflecting prudent financial management. Recent earnings reveal a revenue jump to ILS 331 million for Q1 2025 from ILS 221 million last year, though net income dipped slightly to ILS 31 million from ILS 39 million previously, indicating some pressure on margins amidst growth efforts. Click to explore a detailed breakdown of our findings in I.B.I. Investment House's health report. Learn about I.B.I. Investment House's historical performance. Simply Wall St Value Rating: ★★★★☆☆ Overview: Turpaz Industries Ltd operates in the development, production, marketing, and sale of scents across various regions including Israel, the Middle East, North America, Europe, Africa, and Asia with a market capitalization of ₪3.76 billion. Operations: Turpaz Industries generates revenue primarily from its Taste segment, contributing $154.47 million, followed by the Fragrance and Specialty Fine Ingredients segments at $35.26 million and $20.56 million, respectively. Turpaz Industries, a nimble player in the chemicals sector, has shown impressive earnings growth of 20.1% over the past year, outpacing the industry average of 5.3%. While its debt to equity ratio has improved significantly from 169.4% to 78.1% over five years, a net debt to equity ratio of 57.6% remains high but manageable due to strong EBIT coverage at 5.4 times interest payments. Recent results highlight robust sales growth from US$39 million to US$60 million and an increase in net income from US$3 million to US$4 million for Q1 2025, suggesting solid operational performance despite financial leverage challenges. Get an in-depth perspective on Turpaz Industries' performance by reading our health report here. Examine Turpaz Industries' past performance report to understand how it has performed in the past. Get an in-depth perspective on all 217 Middle Eastern Undiscovered Gems With Strong Fundamentals by using our screener here. Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include DFM:NGI TASE:IBI and TASE:TRPZ. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Reuters
2 days ago
- Business
- Reuters
Most Gulf markets in red as Israel-Iran conflict escalates
June 18 (Reuters) - Most stock markets in the Gulf ended lower on Wednesday with investors exercising restraint due to fighting between Iran and Israel that entered a sixth day, sparking fears of potential regional instability. Iran's Supreme Leader Ayatollah Ali Khamenei rejected U.S. President Donald Trump's demand for unconditional surrender on Wednesday, as Iranians jammed the highways out of Tehran fleeing from intensified Israeli airstrikes. Saudi Arabia's benchmark index (.TASI), opens new tab declined 1.2%, weighed down by a 3.3% slide in ACWA Power Company ( opens new tab and a 2% drop in Saudi Arabian Mining Company ( opens new tab. Among other losers, Prince Waleed bin Talal-backed airline Flynas Company ( opens new tab closed 3.4% lower in debut trade. Elsewhere, oil giant Saudi Aramco ( opens new tab eased 0.3%. Additionally, investor uncertainty surrounding today's U.S. Federal Reserve meeting is contributing to the cautious mood, with most market participants expecting the central bank to hold interest rates steady, said Joseph Dahrieh, managing principal at Tickmill. Dubai's main share index (.DFMGI), opens new tab finished 1.2% lower, with blue-chip developer Emaar Properties ( opens new tab losing 1.2%. In Abu Dhabi, the index (.FTFADGI), opens new tab was down 0.4%. Oil prices steadied, after a gain of 4% in the previous session, as markets weighed up the chance of supply disruptions from the Iran-Israel conflict and as they ponder a direct U.S. involvement. The Qatari index (.QSI), opens new tab lost 0.6%, with Qatar Gas Transport Nakilat ( opens new tab falling 3.8%. Outside the Gulf, Egypt's blue-chip index (.EGX30), opens new tab added 0.4%, helped by a 4.1% jump in Fawry for Banking Technology and Electronic Payment ( opens new tab.
Zawya
2 days ago
- Business
- Zawya
Mideast Stocks: Most Gulf markets in red amid escalating Israel-Iran conflict
Most stocks markets in the Gulf fell in early trade on Wednesday with investors exercising restraint due to fighting between Iran and Israel that entered a sixth day, sparking fears of potential regional instability. Thousands of people were fleeing Tehran and other major cities, Iranian media reported, as Iran and Israel launched new missile strikes at each other despite U.S. President Donald Trump calling for Tehran's unconditional surrender. Saudi Arabia's benchmark index dropped 0.7%, weighed down by a 0.6% fall in Al Rajhi Bank and 1% decrease in the country's biggest lender Saudi National Bank. Among other losers, Prince Waleed bin Talal-backed airline Flynas Company plunged about 13% in debut trade. The Saudi Exchange allows 30% fluctuation limits during the first three days of trade. Elsewhere, oil behemoth Saudi Aramco was down 0.6%. Oil prices - a catalyst for the Gulf's financial markets - eased in Asian trade, after a gain of 4% from the previous session, as markets weighed the chance of supply disruptions from the Iran-Israel conflict against a U.S. Federal Reserve interest rate decision that could weigh on oil demand. Dubai's main share index lost 0.6%, with toll operator Salik declining 2.1% and sharia-compliant lender Dubai Islamic Bank retreating 1.6%. The Qatari index fell 0.1%, hit by a 1.6% fall in Commercial Bank. In Abu Dhabi, the index edged 0.1% higher.
Yahoo
3 days ago
- Business
- Yahoo
3 Middle Eastern Penny Stocks With Market Caps Larger Than US$100M
As tensions rise over the Israel-Iran conflict, many Gulf markets have seen declines, reflecting investor caution amid regional instability. Despite these challenges, the Middle Eastern market continues to offer unique opportunities for investors willing to explore beyond traditional blue-chip stocks. Penny stocks, though an older term, still signify smaller or emerging companies that can provide significant value when backed by strong financials and growth potential. Name Share Price Market Cap Financial Health Rating Terminal X Online (TASE:TRX) ₪4.526 ₪574.83M ★★★★★★ Menara Ventures Xl - Limited Partnership (TASE:MNRA) ₪2.84 ₪13.05M ★★★★★★ Thob Al Aseel (SASE:4012) SAR3.79 SAR1.52B ★★★★★★ Alarum Technologies (TASE:ALAR) ₪4.256 ₪298.72M ★★★★★★ E7 Group PJSC (ADX:E7) AED1.04 AED2.06B ★★★★★★ Katmerciler Arac Üstü Ekipman Sanayi ve Ticaret (IBSE:KATMR) TRY1.77 TRY1.91B ★★★★★☆ Dubai National Insurance & Reinsurance (P.S.C.) (DFM:DNIR) AED3.24 AED374.22M ★★★★★★ Dubai Investments PJSC (DFM:DIC) AED2.36 AED9.99B ★★★★☆☆ Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC) AED0.72 AED437.94M ★★★★★★ Tgi Infrastructures (TASE:TGI) ₪2.374 ₪176.49M ★★★★★★ Click here to see the full list of 94 stocks from our Middle Eastern Penny Stocks screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Al Khaleej Investment P.J.S.C. is a real estate and investment company based in the United Arab Emirates, with a market cap of AED417.90 million. Operations: The company generates revenue primarily from its real estate segment, amounting to AED15.79 million. Market Cap: AED417.9M Al Khaleej Investment P.J.S.C., with a market cap of AED417.90 million, has faced challenges as its recent earnings report shows a net loss of AED1.88 million for Q1 2025, contrasting with a net income of AED4.61 million in the same period last year. The company's revenue from real estate stands at AED15.79 million, indicating limited growth potential in this segment. Despite having more cash than debt and covering interest payments comfortably, its profit margins have declined from 49.3% to 30.3%. Recent board changes and auditor appointments could signal strategic shifts amidst volatile share prices. Unlock comprehensive insights into our analysis of Al Khaleej Investment P.J.S.C stock in this financial health report. Gain insights into Al Khaleej Investment P.J.S.C's past trends and performance with our report on the company's historical track record. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Phoenix Group Plc, along with its subsidiaries, offers crypto and cloud mining services across the United Arab Emirates, Oman, CIS, Canada, the United States, and other international markets with a market cap of AED7.32 billion. Operations: The company generates revenue primarily from its data processing segment, amounting to $168.01 million. Market Cap: AED7.32B Phoenix Group Plc, with a market cap of AED7.32 billion, is navigating challenges as it reported a Q1 2025 net loss of US$153.6 million against US$66.15 million net income last year, reflecting volatility in its crypto and cloud mining operations. Despite this, the company maintains strong financial health with short-term assets exceeding liabilities and satisfactory debt levels supported by robust cash flow coverage. Recent expansion in Ethiopia adds significant capacity to its global Bitcoin mining operations, emphasizing sustainable growth through renewable energy sources. However, high share price volatility and ongoing unprofitability present concerns for potential investors in this sector. Dive into the specifics of Phoenix Group here with our thorough balance sheet health report. Examine Phoenix Group's earnings growth report to understand how analysts expect it to perform. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Union Properties (ticker: DFM:UPP) is a company that invests in and develops properties, with a market capitalization of AED2.67 billion. Operations: The company generates revenue through its Contracting segment (AED29.39 million), Real Estate activities (AED54.50 million), and the provision of Goods and Services (AED469.97 million). Market Cap: AED2.67B Union Properties, with a market cap of AED2.67 billion, faces challenges as its Q1 2025 net income dropped to AED5.81 million from AED16.47 million the previous year, despite increased sales of AED163.23 million. The company's financial health shows improvement with a reduced debt-to-equity ratio from 69.5% to 13.2% over five years and short-term assets exceeding both short- and long-term liabilities significantly. However, negative operating cash flow raises concerns about debt coverage, and recent large one-off gains impact earnings quality, while profit margins have declined compared to last year amidst stable weekly volatility in stock performance. Get an in-depth perspective on Union Properties' performance by reading our balance sheet health report here. Explore Union Properties' analyst forecasts in our growth report. Click through to start exploring the rest of the 91 Middle Eastern Penny Stocks now. Contemplating Other Strategies? The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 26 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ADX:KICO ADX:PHX and DFM:UPP. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
