Latest news with #AED2.05
Yahoo
28-04-2025
- Business
- Yahoo
Middle Eastern Market Marvels: National Corporation for Tourism and Hotels Among 3 Compelling Penny Stocks
National Corporation for Tourism and Hotels, with a market cap of AED2.05 billion, has shown resilience in its financial structure despite challenges. The company maintains strong liquidity, with short-term assets surpassing both short-term and long-term liabilities. Its debt is well-covered by operating cash flow, and interest payments are comfortably managed by EBIT. While earnings have declined over the past five years at 13% per year, recent improvements in profit margins and earnings growth indicate potential stabilization. Trading at a significant discount to its estimated fair value could present opportunities for investors seeking undervalued stocks in the hospitality sector. Operations: The company's revenue is derived from its operations in hotels (AED223.92 million), retail services (AED53.45 million), and catering services (AED429.15 million). Overview: National Corporation for Tourism and Hotels invests in, owns, and manages hotels and leisure complexes in the United Arab Emirates with a market cap of AED2.05 billion. Let's dive into some prime choices out of the screener. Amidst the backdrop of fluctuating oil prices, Middle Eastern markets have experienced some downward pressure, with UAE indices reflecting this trend. Despite these challenges, opportunities remain for investors willing to explore beyond traditional large-cap stocks. Penny stocks, while often associated with speculative ventures, can still present valuable growth prospects when supported by robust financials and strategic positioning. In this article, we examine three such penny stocks that offer intriguing potential within the Middle Eastern market landscape. Story Continues ADX:NCTH Financial Position Analysis as at Apr 2025 Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Gilat Telecom Global Ltd offers communication services using satellite, fiber optic infrastructures, and radio systems both in Israel and internationally, with a market cap of ₪52.09 million. Operations: There are no reported revenue segments for Gilat Telecom Global Ltd. Market Cap: ₪52.09M Gilat Telecom Global Ltd, with a market cap of ₪52.09 million, has demonstrated significant earnings growth, increasing by 149.8% over the past year compared to its five-year average of 29.3%. Despite this robust growth and high-quality earnings, the company's interest coverage remains weak at 1.3x EBIT, indicating potential challenges in managing debt obligations effectively. However, its operating cash flow covers debt well at 150.6%, and it holds more cash than total debt, reflecting financial prudence. Trading significantly below estimated fair value suggests potential for investors interested in undervalued telecom stocks despite low return on equity at 11.3%. TASE:GLTL Financial Position Analysis as at Apr 2025 Simply Wall St Financial Health Rating: ★★★★★★ Overview: Tgi Infrastructures Ltd, along with its subsidiary, specializes in producing, processing, assembling, and marketing magnesium-based mechanical assemblies for the automotive industry in Israel and has a market cap of ₪160.73 million. Operations: TASE:TGI generates revenue from two primary segments: Infrastructure and Energy, which contributes ₪84.35 million, and The Metal and Electrical Industries, accounting for ₪78.42 million. Market Cap: ₪160.73M Tgi Infrastructures Ltd, with a market cap of ₪160.73 million, has shown steady earnings growth of 19.1% over the past year, surpassing the Auto Components industry average. The company maintains robust financial health as its short-term assets exceed both short and long-term liabilities, and its debt to equity ratio has significantly reduced over five years. While TGI's dividend yield is high at 9.99%, it isn't well covered by earnings or free cash flow, raising sustainability concerns. Despite trading below estimated fair value and having stable weekly volatility, its return on equity remains low at 16.9%. TASE:TGI Revenue & Expenses Breakdown as at Apr 2025 Make It Happen 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:NCTH TASE:GLTL and TASE:TGI. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@
Yahoo
01-04-2025
- Business
- Yahoo
3 Middle Eastern Dividend Stocks With Up To 6.7% Yield
The Middle Eastern stock markets have recently faced pressure, with indices in Dubai and Abu Dhabi retreating due to firms trading ex-dividend amid broader global economic challenges. In this environment, dividend stocks can offer a measure of stability and income potential for investors seeking reliable returns. Name Dividend Yield Dividend Rating Commercial Bank of Dubai PSC (DFM:CBD) 6.79% ★★★★★★ Emaar Properties PJSC (DFM:EMAAR) 7.49% ★★★★★☆ National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) 7.46% ★★★★★☆ Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) 6.62% ★★★★★☆ Arab National Bank (SASE:1080) 5.63% ★★★★★☆ Saudi National Bank (SASE:1180) 5.58% ★★★★★☆ Riyad Bank (SASE:1010) 5.46% ★★★★★☆ Saudi Awwal Bank (SASE:1060) 5.33% ★★★★★☆ Saudi Telecom (SASE:7010) 9.26% ★★★★★☆ Nuh Çimento Sanayi (IBSE:NUHCM) 3.38% ★★★★★☆ Click here to see the full list of 61 stocks from our Top Middle Eastern Dividend Stocks screener. Below we spotlight a couple of our favorites from our exclusive screener. Simply Wall St Dividend Rating: ★★★★★★ Overview: Commercial Bank of Dubai PSC offers commercial and retail banking services in the United Arab Emirates, with a market capitalization of AED22.30 billion. Operations: Commercial Bank of Dubai PSC's revenue is primarily derived from Personal Banking (AED2.05 billion), Institutional Banking (AED1.27 billion), and Corporate Banking (AED1.11 billion). Dividend Yield: 6.8% Commercial Bank of Dubai PSC offers a compelling dividend profile with a high and reliable yield of 6.79%, placing it in the top 25% of dividend payers in the AE market. The dividends are well-covered by earnings, with a payout ratio currently at 52.3% and forecasted to improve to 40.8% in three years, ensuring sustainability. Despite stable dividend growth over the past decade, investors should note the bank's high level of bad loans (5.3%). Click here to discover the nuances of Commercial Bank of Dubai PSC with our detailed analytical dividend report. The analysis detailed in our Commercial Bank of Dubai PSC valuation report hints at an deflated share price compared to its estimated value. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Yeni Gimat Gayrimenkul Yatirim Ortakligi A.S. operates in the real estate investment sector with a market capitalization of TRY18.63 billion. Operations: Yeni Gimat Gayrimenkul Yatirim Ortakligi A.S. generates revenue primarily from the Ankamall Shopping Mall (TRY2.04 billion), CP Ankara Hotel (TRY236.89 million), and a smaller contribution from the Energy segment (TRY0.37 million). Dividend Yield: 4% Yeni Gimat Gayrimenkul Yatirim Ortakligi offers a competitive dividend yield of 4%, ranking in the top 25% within the TR market. With a payout ratio of 36.3%, dividends are well-covered by earnings, and cash flows support this with a cash payout ratio of 68%. Although dividends have been stable and growing over nine years, recent financial results show a net loss of TRY 523.73 million, contrasting significantly with last year's profit. Navigate through the intricacies of Yeni Gimat Gayrimenkul Yatirim Ortakligi with our comprehensive dividend report here. Our expertly prepared valuation report Yeni Gimat Gayrimenkul Yatirim Ortakligi implies its share price may be too high. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Riyadh Cement Company produces and sells cement across several Middle Eastern countries, including Saudi Arabia, Bahrain, Jordan, Kuwait, Qatar, and Oman; it has a market cap of SAR4.40 billion. Operations: Riyadh Cement Company's revenue from cement manufacturing is SAR789.40 million. Dividend Yield: 6.1% Riyadh Cement's dividend yield of 6.13% places it among the top 25% of dividend payers in the Saudi market, supported by a payout ratio of 87%. Despite recent earnings growth to SAR 310.44 million, dividends have been volatile with a history of annual drops over 20%. The stock trades at a favorable P/E ratio of 14.2x compared to the broader market, but its short four-year dividend track record shows inconsistency and unreliability. Delve into the full analysis dividend report here for a deeper understanding of Riyadh Cement. Our valuation report here indicates Riyadh Cement may be undervalued. Embark on your investment journey to our 61 Top Middle Eastern Dividend Stocks selection 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. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of 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:CBD IBSE:YGGYO and SASE:3092. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
28-02-2025
- Business
- Yahoo
Middle Eastern Dividend Stocks Featuring Top Picks
The Middle Eastern stock markets have recently experienced a mix of declines and gains, with Saudi Arabia's bourse extending losses due to weak earnings while Dubai's index saw a slight increase driven by Emirates NBD. In this fluctuating environment, dividend stocks can offer investors a measure of stability through regular income, making them an attractive option for those looking to navigate the current market conditions. Name Dividend Yield Dividend Rating Peninsula Group (TASE:PEN) 6.69% ★★★★★★ Emaar Properties PJSC (DFM:EMAAR) 7.19% ★★★★★☆ Arab National Bank (SASE:1080) 6.00% ★★★★★☆ Delek Group (TASE:DLEKG) 8.07% ★★★★★☆ National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) 7.24% ★★★★★☆ Saudi National Bank (SASE:1180) 5.71% ★★★★★☆ Saudi Awwal Bank (SASE:1060) 5.65% ★★★★★☆ Riyad Bank (SASE:1010) 6.10% ★★★★★☆ Saudi Telecom (SASE:7010) 3.54% ★★★★★☆ Commercial Bank of Dubai PSC (DFM:CBD) 6.25% ★★★★★☆ Click here to see the full list of 60 stocks from our Top Middle Eastern Dividend Stocks screener. Let's uncover some gems from our specialized screener. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Commercial Bank of Dubai PSC offers commercial and retail banking services in the United Arab Emirates and has a market cap of AED24.24 billion. Operations: Commercial Bank of Dubai PSC generates its revenue from Personal Banking (AED2.05 billion), Institutional Banking (AED1.27 billion), and Corporate Banking (AED1.11 billion) within the United Arab Emirates. Dividend Yield: 6.2% Commercial Bank of Dubai PSC offers a stable and reliable dividend, with payments growing over the past decade. The current dividend yield of 6.25% is slightly below the top quartile in the AE market but remains attractive given its consistent growth and coverage by earnings (52.3%). Despite a high level of bad loans (5.3%), recent earnings reports show strong financial performance, with net income rising to AED 3 billion for 2024, supporting future dividend sustainability. Click here and access our complete dividend analysis report to understand the dynamics of Commercial Bank of Dubai PSC. The valuation report we've compiled suggests that Commercial Bank of Dubai PSC's current price could be inflated. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Al Rajhi REIT Fund is a Sharia-compliant investment fund listed on Tadawul, focused on generating periodic income through investments in income-generating real estate assets in Saudi Arabia, with a market cap of SAR2.29 billion. Operations: The Al Rajhi REIT Fund generates revenue primarily from its commercial real estate assets, amounting to SAR236.02 million. Dividend Yield: 6.6% Al Rajhi REIT Fund's dividend yield of 6.56% ranks in the top 25% in the Saudi market, though its payment history is volatile and unreliable over six years. Recent earnings growth of 185.5% supports dividend coverage by both earnings (75%) and cash flows (87.5%). However, shareholder dilution and outdated financial data raise concerns about stability, despite a recent SAR 0.14 cash dividend announcement for February 2025 distribution. Get an in-depth perspective on Al Rajhi REIT Fund's performance by reading our dividend report here. Our expertly prepared valuation report Al Rajhi REIT Fund implies its share price may be lower than expected. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Golden House Ltd operates and manages sheltered housing centers for the elderly population in Israel, with a market cap of ₪411.66 million. Operations: Golden House Ltd's revenue is primarily derived from the operation and management of sheltered housing centers for the elderly in Israel. Dividend Yield: 4.9% Golden House's dividend yield of 4.86% is below the top 25% in the IL market, and its payments have been volatile over the past decade. Despite this, dividends are well-covered by earnings with a payout ratio of 39.1%, though cash flow coverage is higher at 77.3%. Recent earnings showed significant improvement with net income reaching ILS 109.02 million for Q3, reversing from a loss last year, supporting dividend sustainability despite historical volatility. Click here to discover the nuances of Golden House with our detailed analytical dividend report. Our comprehensive valuation report raises the possibility that Golden House is priced lower than what may be justified by its financials. Discover the full array of 60 Top Middle Eastern Dividend Stocks right 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. Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets. 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:CBD SASE:4340 and TASE:GOHO. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
