Latest news with #DrakeAndScull
Yahoo
3 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@
Zawya
6 days ago
- Business
- Zawya
Drake & Scull enters Dubai's real estate market with commercial project
Dubai-based contractor Drake and Scull International (DSI) has acquired a land plot in Majan master development in the emirate to develop a mixed-use commercial project. DSI will take full ownership of the development process, from concept to completion, the company said in a statement to the Dubai Financial Market on Monday. The project will have more than 156,000 square feet ( sq ft) of built-up area, including more than 10,000 sq ft of retail space on the ground floor and over 67,000 sq ft of office space across nine floors. The three-level podium parking will accommodate nearly 147 vehicles. Soil investigations and topographic surveys have been completed, the statement said. Bel-Yoahah Architectural and Engineering Consultants will handle end-to-end design and supervision. DSI is currently finalising approvals to commence construction with an expected completion date by the end of 2026, the statement added. No financial details were given. (Writing by P Deol; Editing by Anoop Menon) ( Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.
Zawya
14-05-2025
- Business
- Zawya
DSI's growth strategy drives more increased revenues in Q1-25
Dubai: Drake & Scull International (DSI) turned profitable at AED 2.45 million in the first quarter (Q1) of 2025, AED 39.99 million in Q1-24. Basic earnings per share (EPS) reached AED 0.001 in Q1-25, against a loss per share of AED 0.015 a year earlier, according to the financial results. Revenues from contracts with customers increased to AED 30.36 million as of 31 March 2025 from AED 29.95 million in the year-ago period. DSI closed the quarter with a strong cash position of AED 298.50 million in unrestricted cash, reflecting prudent financial management. The movement in cash during the period was mainly due to strategic investments in property of AED 21.40 million as part of the company's ongoing growth and operational priorities. In the first three months (3M) of 2025, DSI secured a landmark AED 1 billion deal in the UAE, marking a milestone in its operational turnaround and reinforcing its competitive positioning in the market. Muin El Saleh, Group CEO of DSI, said: "The return to profitability underscores our focus on cost discipline, strategic project execution, and value creation for our shareholders. While challenges remain, our liquidity position and recent project awards provide a foundation for recovery." 'The group is cautiously optimistic for the remainder of 2025. With the successful award of major projects, a streamlined cost structure, and stabilized operations, we expect further improvement in financial performance over the coming quarters,' El Saleh added. In 2024, DSI recorded net profits attributable to the shareholders valued at AED 3.74 billion, compared to net losses of AED 368.11 million in 2023.
