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Middle Eastern Penny Stocks: Gulf Pharmaceutical Industries P.S.C And Two More To Watch

Middle Eastern Penny Stocks: Gulf Pharmaceutical Industries P.S.C And Two More To Watch

Yahoo2 days ago
The Middle Eastern stock markets have been experiencing mixed performances, with some indices buoyed by hopes of a U.S. Federal Reserve rate cut while others are weighed down by weaker corporate earnings. In this context, penny stocks—though an older term—remain relevant as they often represent smaller or less-established companies that can offer significant value when backed by strong financials. This article will highlight three such penny stocks in the Middle East, focusing on their potential for long-term growth and stability amidst current market conditions.
Top 10 Penny Stocks In The Middle East
Name
Share Price
Market Cap
Financial Health Rating
Big Tech 50 R&D-Limited Partnership (TASE:BIGT)
₪1.414
₪15M
★★★★★★
Thob Al Aseel (SASE:4012)
SAR3.71
SAR1.48B
★★★★★★
Mega Polietilen Köpük Sanayi ve Ticaret Anonim Sirketi (IBSE:MEGAP)
TRY4.75
TRY1.31B
★★★★★☆
E7 Group PJSC (ADX:E7)
AED1.47
AED3B
★★★★★★
Katmerciler Arac Üstü Ekipman Sanayi ve Ticaret (IBSE:KATMR)
TRY2.97
TRY3.2B
★★★★★☆
Dubai National Insurance & Reinsurance (P.S.C.) (DFM:DNIR)
AED3.45
AED392.7M
★★★★★★
Dubai Investments PJSC (DFM:DIC)
AED2.89
AED12.25B
★★★★☆☆
Al Dhafra Insurance Company P.S.C (ADX:DHAFRA)
AED4.86
AED486M
★★★★★★
Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC)
AED0.828
AED488.43M
★★★★★★
Tgi Infrastructures (TASE:TGI)
₪2.937
₪218.34M
★★★★★★
Click here to see the full list of 76 stocks from our Middle Eastern Penny Stocks screener.
Here's a peek at a few of the choices from the screener.
Gulf Pharmaceutical Industries P.S.C
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: Gulf Pharmaceutical Industries P.S.C., also known as Julphar, manufactures and sells a range of pharmaceutical, cosmetic, and medical products in the UAE, GCC countries, and internationally with a market cap of AED1.68 billion.
Operations: The company's revenue segments include AED732.9 million from Planet and AED864.9 million from Manufacturing.
Market Cap: AED1.68B
Gulf Pharmaceutical Industries P.S.C., known as Julphar, has shown a positive shift in its financial performance, reporting a net income of AED 157.9 million for the first half of 2025 compared to a net loss the previous year. The company's debt is well-managed with operating cash flow covering 31.1% and a reduced debt-to-equity ratio from 117% to 55.9% over five years, indicating improved financial health. Despite low return on equity at 2.4%, Julphar's profitability and stable weekly volatility are promising traits for investors interested in Middle Eastern penny stocks with potential growth prospects amidst operational challenges.
Get an in-depth perspective on Gulf Pharmaceutical Industries P.S.C's performance by reading our balance sheet health report here.
Examine Gulf Pharmaceutical Industries P.S.C's earnings growth report to understand how analysts expect it to perform.
Sinpas Gayrimenkul Yatirim Ortakligi
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: Sinpas Gayrimenkul Yatirim Ortakligi, originally established as Sinpas Insaat Anonim Sirketi in 2006 and transformed into a Real Estate Investment Trust (REIT) in 2007, operates in the real estate sector with a market capitalization of TRY17.76 billion.
Operations: The company generates revenue primarily from its Residential Real Estate Developments segment, amounting to TRY12.64 billion.
Market Cap: TRY17.76B
Sinpas Gayrimenkul Yatirim Ortakligi has demonstrated robust financial health, with short-term assets of TRY14.8 billion comfortably covering both its short and long-term liabilities. The company has experienced significant earnings growth, notably an 86.4% increase over the past year, surpassing industry averages. However, a substantial one-off gain of TRY5.3 billion skews recent earnings quality. While its net debt to equity ratio is satisfactorily low at 14.2%, interest coverage remains weak at 2.1 times EBIT, suggesting potential pressure in meeting debt obligations despite stable weekly volatility and reduced debt levels over five years.
Unlock comprehensive insights into our analysis of Sinpas Gayrimenkul Yatirim Ortakligi stock in this financial health report.
Review our historical performance report to gain insights into Sinpas Gayrimenkul Yatirim Ortakligi's track record.
Oil Refineries
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Oil Refineries Ltd. operates in the production and sale of fuel products, intermediate materials, and aromatic products both in Israel and internationally, with a market cap of ₪2.64 billion.
Operations: Currently, there are no reported revenue segments for Oil Refineries Ltd.
Market Cap: ₪2.64B
Oil Refineries Ltd. faces challenges with a net loss of US$37 million in Q2 2025, contrasting with a profit last year. Despite this, its financial structure shows resilience; short-term assets of US$2 billion surpass both short and long-term liabilities. While the dividend yield is high at 10.22%, it isn't supported by earnings, raising sustainability concerns. Debt management has improved over five years, reducing from 127.7% to 75.3%. However, interest payments remain uncovered by EBIT and the company remains unprofitable despite shrinking losses annually by 25.8%. Management's experience offers some stability amid these hurdles.
Dive into the specifics of Oil Refineries here with our thorough balance sheet health report.
Explore historical data to track Oil Refineries' performance over time in our past results report.
Turning Ideas Into Actions
Click here to access our complete index of 76 Middle Eastern Penny Stocks.
Interested In Other Possibilities? Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
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:JULPHAR IBSE:SNGYO and TASE:ORL.
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@simplywallst.com
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