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Yahoo
5 days ago
- Business
- Yahoo
Middle East's Hidden Stock Gems Include Drake and Scull International P.J.S.C
In recent times, most Gulf markets have shown resilience, closing higher despite global tariff tensions, with indices like Dubai's hitting multi-year highs. This promising environment underscores the potential for discovering hidden stock gems in the Middle East, where companies like Drake and Scull International P.J.S.C. are gaining attention for their unique market positions amidst these dynamic conditions. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Baazeem Trading 8.48% -2.02% -2.70% ★★★★★★ MOBI Industry 6.50% 5.60% 24.00% ★★★★★★ Saudi Azm for Communication and Information Technology 2.07% 16.18% 21.11% ★★★★★★ Sure Global Tech NA 11.95% 18.65% ★★★★★★ Najran Cement 14.20% -2.87% -22.60% ★★★★★★ Nofoth Food Products NA 15.75% 27.63% ★★★★★★ National General Insurance (P.J.S.C.) NA 14.55% 29.05% ★★★★★☆ Etihad Atheeb Telecommunication 10.29% 36.24% 62.32% ★★★★★☆ National Corporation for Tourism and Hotels 19.25% 0.67% 4.89% ★★★★☆☆ National Environmental Recycling 69.43% 43.47% 32.77% ★★★★☆☆ Click here to see the full list of 222 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. We'll examine a selection from our screener results. Simply Wall St Value Rating: ★★★★☆☆ Overview: Drake and Scull International P.J.S.C. operates in the construction sector across various countries including the United Arab Emirates, Saudi Arabia, and others, with a market capitalization of approximately AED932.39 million. Operations: Drake and Scull International P.J.S.C. generates revenue primarily from its wastewater treatment and water sludge segment, amounting to AED103.30 million. Drake and Scull International (DSI) has shown a notable turnaround, reporting AED 2.45 million in net income for Q1 2025, compared to a net loss of AED 42.59 million the previous year, indicating significant profitability improvement. The company's price-to-earnings ratio is an attractive 0.2x against the AE market's 12.9x, suggesting potential undervaluation. Despite having more cash than total debt, DSI's earnings quality is impacted by a large one-off gain of AED3.8 billion over the past year. While free cash flow remains negative, positive shareholder equity marks progress from five years ago when it was negative. Click here and access our complete health analysis report to understand the dynamics of Drake and Scull International P.J.S.C. Gain insights into Drake and Scull International P.J.S.C's historical performance by reviewing our past performance report. Simply Wall St Value Rating: ★★★★★★ Overview: Albaraka Türk Katilim Bankasi A.S. offers a range of banking products and services in Turkey, with a market capitalization of TRY21.20 billion. Operations: Albaraka Türk Katilim Bankasi A.S. generates revenue primarily from its Commercial and Corporate segment, contributing TRY32.66 billion, followed by Treasury at TRY21.81 billion and Individual banking at TRY7.04 billion. The bank's business model focuses on these key segments to drive its financial performance in Turkey's banking sector. Albaraka Türk Katilim Bankasi stands out with its robust financial health, boasting total assets of TRY352.5 billion and equity of TRY20.4 billion. The bank's earnings surged 159.8% over the past year, far outpacing the industry average of 0.8%. With a bad loans ratio at an appropriate 1.4% and a sufficient allowance for these loans at 163%, it shows prudent risk management. Additionally, 65% of its liabilities are sourced from low-risk customer deposits, reinforcing stability. Its price-to-earnings ratio sits attractively low at 1.7x compared to the TR market's 18x, suggesting potential undervaluation in current market conditions. Take a closer look at Albaraka Türk Katilim Bankasi's potential here in our health report. Review our historical performance report to gain insights into Albaraka Türk Katilim Bankasi's's past performance. Simply Wall St Value Rating: ★★★★★★ Overview: Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi is a Turkish food company with a market capitalization of TRY21.02 billion. Operations: Banvit generates revenue primarily from its food processing segment, amounting to TRY30.49 billion. The company's financial performance is reflected in its market capitalization of TRY21.02 billion. Banvit, a notable player in the food industry, showcases some intriguing financial dynamics. Its earnings surged by 27% over the past year, outpacing the sector's -6.8% performance. The company enjoys robust debt management with cash exceeding total debt and interest payments comfortably covered by EBIT at ten times over. Despite these strengths, Banvit faces challenges such as a net loss of TRY 14.16 million in Q1 2025 compared to a significant profit last year and negative free cash flow trends persisting over recent years. Nonetheless, its price-to-earnings ratio of 7.9x suggests potential value relative to the broader market's 18x benchmark. Get an in-depth perspective on Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi's performance by reading our health report here. Assess Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi's past performance with our detailed historical performance reports. Unlock our comprehensive list of 222 Middle Eastern Undiscovered Gems With Strong Fundamentals by clicking here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. 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:DSI IBSE:ALBRK and IBSE:BANVT. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
6 days ago
- Business
- Yahoo
Undiscovered Gems in Middle East Stocks July 2025
In recent months, most Gulf markets have shown resilience by closing higher despite global trade tensions, with the Abu Dhabi index marking its sixth consecutive session of gains and Dubai's main index reaching a 17-year high. This positive momentum in the Middle East market sets an intriguing backdrop for identifying undiscovered gems—stocks that possess strong fundamentals and potential growth opportunities amidst evolving economic conditions. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Baazeem Trading 8.48% -2.02% -2.70% ★★★★★★ MOBI Industry 6.50% 5.60% 24.00% ★★★★★★ Saudi Azm for Communication and Information Technology 2.07% 16.18% 21.11% ★★★★★★ Sure Global Tech NA 11.95% 18.65% ★★★★★★ Najran Cement 14.20% -2.87% -22.60% ★★★★★★ Nofoth Food Products NA 15.75% 27.63% ★★★★★★ National General Insurance (P.J.S.C.) NA 14.55% 29.05% ★★★★★☆ Etihad Atheeb Telecommunication 10.29% 36.24% 62.32% ★★★★★☆ National Corporation for Tourism and Hotels 19.25% 0.67% 4.89% ★★★★☆☆ National Environmental Recycling 69.43% 43.47% 32.77% ★★★★☆☆ Click here to see the full list of 222 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Value Rating: ★★★★★★ Overview: Riyadh Cement Company operates in the production and sale of cement across several Middle Eastern countries, including Saudi Arabia, Bahrain, Jordan, Kuwait, Qatar, and Oman with a market capitalization of SAR3.78 billion. Operations: The primary revenue stream for Riyadh Cement comes from its cement manufacturing segment, which generated SAR825.73 million. The company's financial performance is influenced by various factors impacting its net profit margin, a key indicator of profitability. Riyadh Cement, a noteworthy player in the Middle East's cement industry, is catching attention with its robust financial health and strategic moves. Recently, it reported Q1 2025 sales of SAR 225.23 million, up from SAR 188.89 million the previous year, alongside net income rising to SAR 75.68 million from SAR 70.1 million. The company boasts a debt-free status with earnings growth of 70% over the past year, outpacing the Basic Materials sector's average growth of nearly 50%. Additionally, it's trading at about 6% below its estimated fair value and maintains high-quality earnings without leverage concerns. Navigate through the intricacies of Riyadh Cement with our comprehensive health report here. Assess Riyadh Cement's past performance with our detailed historical performance reports. Simply Wall St Value Rating: ★★★★☆☆ Overview: Africa Israel Residences Ltd focuses on the development and sale of residential units in Israel under the Savyonim brand, with a market capitalization of ₪3.80 billion. Operations: Africa Israel Residences generates revenue primarily from the promotion of projects, amounting to ₪1.15 billion, and initiation of rental housing at ₪22.29 million. The company has a market capitalization of approximately ₪3.80 billion. Africa Israel Residences, a notable player in the real estate sector, has shown impressive growth with earnings surging 34.2% over the past year, outpacing its industry peers. Despite its high net debt to equity ratio of 67.1%, interest payments are well covered by EBIT at 3.9x coverage, indicating manageable financial obligations. The company experienced a significant one-off gain of ₪80 million in the last year, which might have skewed recent results but highlights potential for unexpected windfalls. Recent quarterly results showcased sales of ILS 246 million and net income rising to ILS 34 million from ILS 23 million previously. Get an in-depth perspective on Africa Israel Residences' performance by reading our health report here. Gain insights into Africa Israel Residences' historical performance by reviewing our past performance report. Simply Wall St Value Rating: ★★★★★☆ Overview: Fox-Wizel Ltd. is involved in the design, purchasing, marketing, and distribution of a wide range of products including clothing, fashion accessories, underwear, footwear, home fashion items, and baby and children's products with a market cap of ₪4.99 billion. Operations: Fox-Wizel generates revenue primarily from its segments in Sports and Fashion and Home Fashion within Israel, with the Sports segment contributing ₪2.49 billion and the Fashion and Home Fashion - Israel segment adding ₪2.18 billion. The company's net profit margin is a key financial metric to consider when evaluating its profitability. Fox-Wizel, a modest player in the retail sector, shows mixed financial signals. Recent reports highlight sales of ILS 1.48 billion for Q1 2025, up from ILS 1.3 billion the previous year, yet net income fell to ILS 15.2 million from ILS 27.33 million. Earnings per share also dipped to ILS 1.09 from last year's ILS 1.97 for diluted shares, reflecting challenges despite revenue growth. The company's debt situation seems stable with a reduction in its debt-to-equity ratio from 85% to a more manageable 63%. Additionally, its interest payments are well-covered by EBIT at a multiple of nearly four times. Click here to discover the nuances of Fox-Wizel with our detailed analytical health report. Explore historical data to track Fox-Wizel's performance over time in our Past section. Dive into all 222 of the Middle Eastern Undiscovered Gems With Strong Fundamentals we have identified here. Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports. 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 SASE:3092 TASE:AFRE and TASE:FOX. 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
Yahoo
08-07-2025
- Business
- Yahoo
Exploring Edarat Communication and Information Technology Plus 2 Promising Middle East Stocks
The Middle East stock markets have been experiencing a notable upswing, with most Gulf indices gaining traction amid progress in U.S. trade agreements and a strong performance in financial shares, as evidenced by Dubai's benchmark index reaching a 17-year high. In this vibrant market environment, identifying promising stocks involves looking for companies that demonstrate robust fundamentals and potential for growth despite broader economic uncertainties. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Baazeem Trading 8.48% -2.02% -2.70% ★★★★★★ Alf Meem Yaa for Medical Supplies and Equipment NA 17.03% 18.37% ★★★★★★ Saudi Azm for Communication and Information Technology 2.07% 16.18% 21.11% ★★★★★★ MOBI Industry 6.50% 5.60% 24.00% ★★★★★★ Sure Global Tech NA 11.95% 18.65% ★★★★★★ Najran Cement 14.20% -2.87% -22.60% ★★★★★★ 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% ★★★★☆☆ Saudi Chemical Holding 79.49% 16.57% 44.01% ★★★★☆☆ Click here to see the full list of 219 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. Let's dive into some prime choices out of from the screener. Simply Wall St Value Rating: ★★★★★☆ Overview: Edarat Communication and Information Technology Co. specializes in providing cloud services and data center engineering solutions, with a market capitalization of SAR 1.23 billion. Operations: Edarat derives its revenue primarily from cloud services and data center engineering services, contributing SAR 48.94 million and SAR 55.63 million, respectively. Edarat Communication and Information Technology, a relatively small player in the IT sector, has shown impressive financial resilience. Over the past year, earnings surged by 42%, outpacing the industry average of 20.8%. The company's interest payments are comfortably covered by EBIT at 85.9 times, indicating strong operational efficiency. Recent contracts with NEOM and MA'ADEN valued at SAR 4.5 million and SAR 11.5 million respectively signal robust business momentum that could positively impact future financials. With more cash than total debt and positive free cash flow, Edarat seems well-positioned to capitalize on growth opportunities in its market space. Dive into the specifics of Edarat Communication and Information Technology here with our thorough health report. Explore historical data to track Edarat Communication and Information Technology's performance over time in our Past section. Simply Wall St Value Rating: ★★★★★☆ Overview: Ayalon Insurance Company Ltd operates through its subsidiaries to offer a range of insurance products in Israel, with a market capitalization of ₪1.65 billion. Operations: Ayalon generates revenue primarily from its life insurance and long-term savings segment, contributing ₪1.18 billion, and its health insurance segment, which adds another ₪647.28 million. Ayalon Insurance, a noteworthy player in the region, is trading at 34.2% below its estimated fair value, making it an intriguing prospect for investors. The company reported net income of ILS 56.72 million for Q1 2025, up from ILS 29.38 million the previous year, showcasing strong earnings growth of 50.6%, which outpaces the industry average of 45%. With a net debt to equity ratio at a satisfactory level of 7.3% and interest payments well covered by EBIT at a multiple of 4.7x, Ayalon's financial health seems robust and poised for continued performance improvements in the insurance sector. Take a closer look at Ayalon Insurance's potential here in our health report. Gain insights into Ayalon Insurance's past trends and performance with our Past report. Simply Wall St Value Rating: ★★★★★★ Overview: Automatic Bank Services Limited operates payment systems for international debit cards in Israel and has a market cap of ₪903.60 million. Operations: The company's revenue from the Clearing Segment amounts to ₪152.84 million. Automatic Bank Services, a relatively small player in the financial sector, showcases high-quality earnings despite not outpacing industry growth. Over the past five years, its earnings have increased by 10.7% annually. The company remains debt-free and boasts positive free cash flow, with recent figures showing ILS 38.19 million in revenue for Q1 2025 compared to ILS 36.8 million last year. However, net income slipped to ILS 10.28 million from ILS 12.1 million previously, reflecting a slight dip in profitability as basic earnings per share dropped to ILS 0.26 from ILS 0.3 a year ago. Delve into the full analysis health report here for a deeper understanding of Automatic Bank Services. Evaluate Automatic Bank Services' historical performance by accessing our past performance report. Take a closer look at our Middle Eastern Undiscovered Gems With Strong Fundamentals list of 219 companies by clicking here. Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports. 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 SASE:9557 TASE:AYAL and TASE:SHVA. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
02-07-2025
- Business
- Yahoo
Middle East Small Caps Including Saudi Reinsurance with Promising Potential
Amidst a backdrop of cautious investor sentiment and profit-taking in the Gulf markets, small-cap stocks in the Middle East have been navigating a challenging landscape as regional indices experience fluctuations. In this environment, identifying promising small-cap stocks requires careful consideration of their resilience to market volatility and potential for growth within sectors poised to benefit from economic shifts. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Baazeem Trading 8.48% -2.02% -2.70% ★★★★★★ Terminal X Online 17.70% 12.39% 35.35% ★★★★★★ Alf Meem Yaa for Medical Supplies and Equipment NA 17.03% 18.37% ★★★★★★ MOBI Industry 6.50% 5.60% 24.00% ★★★★★★ 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% ★★★★☆☆ Saudi Chemical Holding 79.49% 16.57% 44.01% ★★★★☆☆ Click here to see the full list of 218 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. Here's a peek at a few of the choices from the screener. Simply Wall St Value Rating: ★★★★☆☆ Overview: Saudi Reinsurance Company offers a range of reinsurance products across Saudi Arabia, the Middle East, Africa, Asia, and globally with a market capitalization of SAR 5.89 billion. Operations: The company's primary revenue streams are derived from its Property and Casualty segment, contributing SAR 1.16 billion, and Life and Health segment at SAR 47.11 million. It also benefits from unallocated investment income calculated using the effective interest rate amounting to SAR 76.78 million. Saudi Reinsurance, a relatively small player in the insurance sector, has shown notable financial resilience. Its earnings surged by 229.9% over the past year, significantly outpacing the industry average of -16.7%. The company's debt-to-equity ratio climbed to 2.7% from 0% over five years, indicating increased leverage but manageable levels given its cash position exceeding total debt. Despite shareholder dilution last year, Saudi Re's price-to-earnings ratio of 12.3x suggests it trades at a favorable value compared to the broader SA market's 21.5x benchmark. Recent board appointments could also signal strategic shifts aimed at sustaining growth momentum. Delve into the full analysis health report here for a deeper understanding of Saudi Reinsurance. Explore historical data to track Saudi Reinsurance's performance over time in our Past section. Simply Wall St Value Rating: ★★★★★☆ Overview: The Gold Bond Group Ltd. provides storage, conveyance, and logistical solutions for cargoes and containers, with a market cap of ₪879.98 million. Operations: Gold Bond Group generates revenue primarily from Free Activities (₪87.01 million), FCL Terminal Operations (₪57.60 million), LCL Terminal Operations (₪49.63 million), and Ecommerce Activity (₪13.65 million). Gold Bond Group's recent performance showcases a promising trajectory. Over the past year, earnings surged by 24.9%, outpacing the Infrastructure industry's growth of 9.6%. Despite a historical annual decline of 5.2% over five years, their debt to equity ratio impressively shrank from 15.3% to just 3%. The company reported first-quarter sales of ILS 57.87 million, up from ILS 43.29 million the previous year, with net income climbing to ILS 7.44 million from ILS 6.66 million and basic earnings per share rising to ILS 1.85 from ILS 1.65, indicating strong financial health and operational efficiency in recent quarters. Dive into the specifics of Gold Bond Group here with our thorough health report. Understand Gold Bond Group's track record by examining our Past report. Simply Wall St Value Rating: ★★★★★★ Overview: Neto Malinda Trading Ltd. is engaged in the manufacturing, importing, marketing, and distribution of kosher food products with a market cap of ₪2.77 billion. Operations: Neto Malinda Trading generates revenue through three primary segments: Import (₪2.02 billion), Local Market (₪2.19 billion), and Neto Group Factories (₪0.75 billion). Neto Malinda Trading, a promising player in the Middle East market, has shown robust financial health with high-quality earnings and a price-to-earnings ratio of 12.2x, undercutting the IL market average of 15.7x. The company's interest payments are comfortably covered by EBIT at 33.6x, indicating strong operational efficiency. Over the past year, earnings surged by 137%, significantly outpacing the food industry's growth rate of 91.8%. Recent financial results highlight a rise in sales to ILS 1.3 billion from ILS 1.14 billion and net income climbing to ILS 53.94 million from ILS 30.38 million year-on-year, reflecting solid performance momentum. Click here and access our complete health analysis report to understand the dynamics of Neto Malinda Trading. Evaluate Neto Malinda Trading's historical performance by accessing our past performance report. Explore the 218 names from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener here. Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments. Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage. 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 SASE:8200 TASE:GOLD and TASE:NTML. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
25-06-2025
- Business
- Yahoo
Unveiling Undiscovered Gems in the Middle East in June 2025
The Middle Eastern stock markets have been buoyant recently, with indices across the region advancing following a ceasefire between Iran and Israel, which has improved investor sentiment and risk appetite. As these markets continue to recover, identifying promising small-cap stocks becomes crucial for investors looking to capitalize on emerging opportunities in this dynamic environment. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Alf Meem Yaa for Medical Supplies and Equipment NA 17.03% 18.37% ★★★★★★ Baazeem Trading 8.48% -2.02% -2.70% ★★★★★★ MOBI Industry 6.50% 5.60% 24.00% ★★★★★★ 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 220 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. We'll examine a selection from our screener results. Simply Wall St Value Rating: ★★★★☆☆ Overview: Miahona Company Limited operates in the Kingdom of Saudi Arabia, offering water facilities and treatment services with a market capitalization of SAR3.82 billion. Operations: The primary revenue stream for Miahona comes from its water utilities and wastewater treatment services, generating SAR478.66 million. The company's market capitalization is SAR3.82 billion. Miahona's recent strategic moves highlight its growth potential in the Middle East. The company's earnings surged by 29.1% over the past year, outpacing industry growth of 5.3%, with Q1 2025 net income reaching SAR 61.43 million compared to SAR 19.67 million a year ago. Miahona's debt management is noteworthy, as its net debt to equity ratio decreased from 194.6% to 102.4% over five years, though it remains high at 48%. A new SAR 1 billion contract for wastewater treatment in Jeddah underlines its expansion strategy and commitment to sustainable water solutions, reinforcing its position as a key player in this sector. Delve into the full analysis health report here for a deeper understanding of Miahona. Gain insights into Miahona's historical performance by reviewing our past performance report. Simply Wall St Value Rating: ★★★★★☆ Overview: Saudi Real Estate Company, with a market capitalization of SAR 7.49 billion, operates as a real estate development company in Saudi Arabia through its various subsidiaries. Operations: The company generates revenue primarily from property sales and infrastructure projects, with property sales contributing SAR 821.85 million and infrastructure projects adding SAR 938.01 million. Rental income also plays a significant role, bringing in SAR 344.77 million. Facility management and construction projects contribute smaller portions to the overall revenue at SAR 66.45 million and SAR 73.98 million, respectively. Saudi Real Estate, a notable player in the region's real estate sector, has shown impressive financial resilience and growth. Over the past year, its earnings skyrocketed by 463%, significantly outpacing the industry average of 24.2%. The company's debt to equity ratio has improved from 128.6% to a more manageable 53.6% over five years, while interest payments are comfortably covered by EBIT at a rate of 3.3 times. Trading at nearly 74% below estimated fair value, Saudi Real Estate reported net income of SAR 135 million for Q1 2025 compared to SAR 2.92 million last year, reflecting robust operational performance and potential for future growth. Navigate through the intricacies of Saudi Real Estate with our comprehensive health report here. Understand Saudi Real Estate's track record by examining our Past report. Simply Wall St Value Rating: ★★★★★★ Overview: Formula Systems (1985) Ltd. operates through its subsidiaries to offer software solutions, IT professional services, software product marketing and support, as well as computer infrastructure and integration solutions, with a market cap of ₪6.26 billion. Operations: The company's revenue streams are derived from software solutions, IT professional services, software product marketing and support, and computer infrastructure and integration solutions. The cost structure primarily involves expenses related to delivering these services. A notable financial metric is the gross profit margin, which reflects the efficiency of its core operations. Formula Systems (1985) has demonstrated robust financial health, with earnings growth of 26.2% over the past year, surpassing the IT industry average of 25.1%. The company boasts high-quality earnings and a solid interest coverage ratio of 22.9x, indicating strong debt management capabilities. Over five years, its debt to equity ratio improved significantly from 62.6% to 33.7%, reflecting prudent financial strategies. With more cash than total debt and positive free cash flow, Formula Systems seems well-positioned financially despite recent delays in SEC filings and an upcoming dividend payout of approximately $6.8 million scheduled for July 2025. Take a closer look at Formula Systems (1985)'s potential here in our health report. Examine Formula Systems (1985)'s past performance report to understand how it has performed in the past. Investigate our full lineup of 220 Middle Eastern Undiscovered Gems With Strong Fundamentals right here. Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments. Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors. 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 SASE:2084 SASE:4020 and TASE:FORTY. 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
