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Yahoo
5 days ago
- Business
- Yahoo
Exploring Emirates Driving Company P.J.S.C And 2 Other Undiscovered Gems With Solid Potential
As the Middle East market experiences a positive shift, with Dubai's stock index rising for a second consecutive session and Abu Dhabi's benchmark index snapping losses, investor sentiment is buoyed by strong fundamentals and a solid economic outlook. In this context, identifying stocks with robust potential involves looking at companies that are not only benefiting from current market momentum but also have sound business models and growth prospects. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Mendelson Infrastructures & Industries 23.11% 5.81% 10.57% ★★★★★★ Alf Meem Yaa for Medical Supplies and Equipment NA 17.03% 18.37% ★★★★★★ MOBI Industry 6.50% 5.60% 24.00% ★★★★★★ Baazeem Trading 8.48% -2.02% -2.70% ★★★★★★ Nofoth Food Products NA 14.41% 31.88% ★★★★★★ Saudi Azm for Communication and Information Technology 2.07% 16.18% 21.11% ★★★★★★ Sure Global Tech NA 11.95% 18.65% ★★★★★★ Rotshtein Realestate 167.30% 23.48% 15.60% ★★★★☆☆ Waja 23.81% 98.44% 14.54% ★★★★☆☆ Saudi Chemical Holding 79.49% 16.57% 44.01% ★★★★☆☆ Click here to see the full list of 226 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: Emirates Driving Company P.J.S.C., along with its subsidiaries, specializes in managing and developing motor vehicle driving training services in the United Arab Emirates, with a market capitalization of AED3.07 billion. Operations: Emirates Driving Company generates revenue primarily through car and related services, amounting to AED589.90 million. The company's financial performance is highlighted by a notable net profit margin trend, which offers insights into its profitability dynamics. Emirates Driving Company P.J.S.C. has shown a robust performance, with earnings growing 18.5% annually over the past five years and maintaining a debt-free status for the same period. Despite trading at 50.7% below estimated fair value, its net profit margin decreased to 47.4% from last year's 75.2%. The recent first-quarter results reported sales of AED 167 million and net income of AED 66 million, reflecting solid revenue growth compared to the previous year's figures of AED 90 million in sales and AED 64 million in net income, indicating strong operational capabilities despite margin pressures. Navigate through the intricacies of Emirates Driving Company P.J.S.C with our comprehensive health report here. Assess Emirates Driving Company P.J.S.C's past performance with our detailed historical performance reports. Simply Wall St Value Rating: ★★★★★★ Overview: Riyadh Cement Company is engaged in the production and sale of cement across several Middle Eastern countries, including Saudi Arabia, Bahrain, Jordan, Kuwait, Qatar, and Oman; it has a market capitalization of SAR3.83 billion. Operations: Riyadh Cement's revenue is primarily derived from its cement manufacturing segment, contributing SAR825.73 million. The company's financial performance can be further analyzed by examining its net profit margin, which provides insights into profitability trends over time. Riyadh Cement, with its robust financial health, showcases impressive earnings growth of 70.3% over the past year, outpacing the Basic Materials industry average of 29.1%. Trading at a price-to-earnings ratio of 12.2x, it offers good value compared to the Saudi market's average of 21.1x. The company reported first-quarter sales of SAR 225.23 million and net income rose to SAR 75.68 million from SAR 70.1 million a year earlier, reflecting strong operational performance despite being debt-free for five years now; previously its debt-to-equity ratio stood at 2.6%. Get an in-depth perspective on Riyadh Cement's performance by reading our health report here. Gain insights into Riyadh Cement's past trends and performance with our Past report. Simply Wall St Value Rating: ★★★★★☆ Overview: Almoosa Health Company operates as a private healthcare provider in Saudi Arabia, with a market cap of SAR6.83 billion. Operations: Almoosa Health generates revenue primarily from medical services (SAR841.53 million), pharmaceuticals (SAR273.87 million), and rehabilitation services (SAR132.77 million). The company's financial performance is significantly driven by its medical services segment, which is the largest contributor to its revenue streams. Almoosa Health, a promising player in the Middle East's healthcare sector, has shown impressive financial performance with earnings growing by 53.7% over the past year, outpacing the industry average of 15.1%. Trading at 21.5% below its estimated fair value, it presents a compelling opportunity for investors seeking undervalued stocks. The company's net debt to equity ratio stands at a satisfactory 11.2%, indicating prudent financial management. Recent amendments to its articles of association suggest strategic positioning for future growth and flexibility in operations while reporting Q1 sales of SAR 322.98 million and net income of SAR 51.13 million highlights robust profitability improvements from last year's figures. Unlock comprehensive insights into our analysis of Almoosa Health stock in this health report. Gain insights into Almoosa Health's historical performance by reviewing our past performance report. Get an in-depth perspective on all 226 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. 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 ADX:DRIVE SASE:3092 and SASE:4018. Have feedback on this article? Concerned about the content? with us directly. 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Yahoo
5 days ago
- Business
- Yahoo
Middle Eastern Dividend Stocks To Consider In June 2025
As the Middle Eastern markets demonstrate resilience, with Dubai's stock index logging a second consecutive session of gains and Abu Dhabi snapping its losing streak, investors are keenly observing the region's economic momentum and oil price fluctuations. In such an environment, dividend stocks can offer stability and income potential, making them an appealing consideration for those looking to navigate these dynamic market conditions. Name Dividend Yield Dividend Rating Emaar Properties PJSC (DFM:EMAAR) 7.60% ★★★★★☆ Riyad Bank (SASE:1010) 6.61% ★★★★★☆ Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) 7.94% ★★★★★☆ Saudi Awwal Bank (SASE:1060) 6.23% ★★★★★☆ Arab National Bank (SASE:1080) 6.19% ★★★★★☆ National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) 7.41% ★★★★★☆ Saudi National Bank (SASE:1180) 5.89% ★★★★★☆ Delek Group (TASE:DLEKG) 8.02% ★★★★★☆ Saudi Telecom (SASE:7010) 9.99% ★★★★★☆ Commercial Bank of Dubai PSC (DFM:CBD) 5.94% ★★★★★☆ Click here to see the full list of 70 stocks from our Top Middle Eastern Dividend Stocks screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Emirates Driving Company P.J.S.C., along with its subsidiaries, specializes in managing and developing motor vehicle driving training in the United Arab Emirates, with a market cap of AED3.07 billion. Operations: Emirates Driving Company P.J.S.C. generates revenue primarily from Car and Other Related Services, amounting to AED589.90 million. Dividend Yield: 6% Emirates Driving Company P.J.S.C. has shown volatility in dividend payments over the past decade, with some years experiencing drops of over 20%. Despite this, dividends have grown overall during this period. The company's dividends are covered by earnings and cash flows, with payout ratios of 65.4% and 68%, respectively. However, its dividend yield of 5.96% is below the top quartile in the AE market. Recently, AED 183 million was approved for dividend distribution for fiscal year 2024 at their General Assembly Meeting on March 11th, reflecting a stable financial position despite fluctuating profit margins and earnings growth. Click here and access our complete dividend analysis report to understand the dynamics of Emirates Driving Company P.J.S.C. In light of our recent valuation report, it seems possible that Emirates Driving Company P.J.S.C is trading behind its estimated value. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Orascom Construction PLC is an engineering and construction contractor specializing in infrastructure, complex industrial, and high-end commercial projects across the United States, the Middle East, Africa, and Central Asia with a market cap of $617.37 million. Operations: Orascom Construction PLC's revenue is primarily derived from its operations in the Middle East and Africa, contributing $1.77 billion, and the United States, adding $1.57 billion. Dividend Yield: 7.0% Orascom Construction's recent earnings report showed a decline in net income, impacting its dividend reliability. Despite this, the company's dividends are well covered by earnings and cash flows, with payout ratios of 35.4% and 15.5%, respectively. However, its dividend track record remains unstable over the past seven years due to volatility in payments. Trading below estimated fair value, Orascom offers a competitive dividend yield within the top quartile of AE market payers at 6.96%. Unlock comprehensive insights into our analysis of Orascom Construction stock in this dividend report. According our valuation report, there's an indication that Orascom Construction's share price might be on the cheaper side. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Electrical Industries Company, with a market cap of SAR8.28 billion, operates through its subsidiaries to manufacture, assemble, supply, repair, and maintain various electrical equipment such as transformers and switch gears across the Kingdom of Saudi Arabia and international markets including other Gulf countries, Europe, and Asia. Operations: Electrical Industries Company's revenue is primarily derived from Manufacturing, Assembly and Supply at SAR1.85 billion, with additional income from Services amounting to SAR105.05 million. Dividend Yield: 3.4% Electrical Industries' dividends are well-covered by earnings and cash flow, with payout ratios of 55.6% and 42.2%, respectively, despite a volatile dividend history over the past decade. While its current dividend yield of 3.36% is below the top tier in Saudi Arabia, recent financials show a significant rise in net income for Q1 2025 to SAR 123.43 million from SAR 75.23 million year-on-year, indicating potential stability improvements ahead. Click here to discover the nuances of Electrical Industries with our detailed analytical dividend report. Our valuation report here indicates Electrical Industries may be undervalued. Dive into all 70 of the Top Middle Eastern Dividend Stocks we have identified 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. 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 ADX:DRIVE DIFX:OC and SASE:1303. 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@
