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Ajman Bank PJSC And 2 More Middle Eastern Penny Stocks To Watch
Ajman Bank PJSC And 2 More Middle Eastern Penny Stocks To Watch

Yahoo

time30-04-2025

  • Business
  • Yahoo

Ajman Bank PJSC And 2 More Middle Eastern Penny Stocks To Watch

The Middle Eastern stock markets have recently shown resilience, with most Gulf bourses experiencing gains driven by positive corporate earnings and easing tariff concerns. For investors interested in smaller or newer companies, penny stocks — despite the term's somewhat outdated nature — still hold potential for value and growth. These stocks can offer a mix of affordability and potential upside when supported by solid financial foundations, making them worth watching in today's market landscape. Name Share Price Market Cap Financial Health Rating Thob Al Aseel (SASE:4012) SAR4.07 SAR1.63B ★★★★★★ Keir International (SASE:9542) SAR4.20 SAR504M ★★★★★☆ Dna Group (T.R.) (TASE:DNA) ₪0.987 ₪121.56M ★★★★★★ Alarum Technologies (TASE:ALAR) ₪2.54 ₪177.71M ★★★★★★ Oil Refineries (TASE:ORL) ₪0.912 ₪2.84B ★★★★★☆ Tgi Infrastructures (TASE:TGI) ₪2.13 ₪158.35M ★★★★★★ Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC) AED0.715 AED425.78M ★★★★★★ Dubai National Insurance & Reinsurance (P.S.C.) (DFM:DNIR) AED3.69 AED426.19M ★★★★★★ Union Insurance Company P.J.S.C (ADX:UNION) AED0.601 AED198.89M ★★★★★★ Dubai Investments PJSC (DFM:DIC) AED2.30 AED9.78B ★★★★☆☆ Click here to see the full list of 96 stocks from our Middle Eastern Penny Stocks screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Ajman Bank PJSC offers a range of banking products and services to individuals, businesses, and government institutions in the United Arab Emirates, with a market cap of AED4.06 billion. Operations: The bank's revenue is primarily generated from its Treasury (AED113.94 million), Consumer Banking (AED266.56 million), and Wholesale Banking (AED454.45 million) segments in the United Arab Emirates. Market Cap: AED4.06B Ajman Bank PJSC, with a market cap of AED4.06 billion, has shown notable financial activity in the UAE banking sector. Despite having a low allowance for bad loans at 49% and a high level of non-performing loans at 10.8%, the bank maintains an appropriate Loans to Assets ratio of 57%. Its Price-To-Earnings ratio of 9.5x suggests good value compared to the AE market average. Recently, Ajman Bank reported an increase in net income for Q1 2025 to AED134.68 million from AED107.42 million last year, indicating improved profitability despite past earnings declines over five years by 1.6% annually. Click here to discover the nuances of Ajman Bank PJSC with our detailed analytical financial health report. Understand Ajman Bank PJSC's track record by examining our performance history report. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Escort Teknoloji Yatirim A.S. offers technology-based products, solutions, and services both in Turkey and internationally, with a market cap of TRY1.78 billion. Operations: The company generates revenue primarily from its operations in Turkey, amounting to TRY369.30 million. Market Cap: TRY1.78B Escort Teknoloji Yatirim A.S., with a market cap of TRY1.78 billion, reported a significant decline in sales to TRY369.30 million for 2024 from TRY994.88 million the previous year, resulting in a net loss of TRY223.32 million compared to a net income last year. Despite being debt-free and not diluting shareholders recently, the company faces challenges with negative return on equity and insufficient short-term assets to cover liabilities. Although unprofitable, Escort has reduced its losses at an impressive rate over five years and maintains stable weekly volatility at 8%, offering some stability amidst financial challenges. Jump into the full analysis health report here for a deeper understanding of Escort Teknoloji Yatirim. Gain insights into Escort Teknoloji Yatirim's historical outcomes by reviewing our past performance report. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Mega Polietilen Köpük Sanayi ve Ticaret Anonim Sirketi, with a market cap of TRY778.25 million, specializes in the production and sale of foam sheets in Turkey. Operations: The company generates revenue primarily through its Textile Operation, which accounts for TRY12.14 billion, and its Polyurethane Operations, contributing TRY31.24 million. Market Cap: TRY778.25M Mega Polietilen Köpük Sanayi ve Ticaret Anonim Sirketi demonstrates robust growth, with earnings rising by 36% over the past year and sales reaching TRY12.17 billion, doubling from the previous year. Despite a volatile share price and lower profit margins at 4%, its short-term assets of TRY13.2 billion comfortably cover both short- and long-term liabilities. While debt levels have increased, they remain satisfactory, with interest payments well-covered by earnings. The company's low price-to-earnings ratio of 1.6x suggests potential undervaluation compared to the broader market, although its high weekly volatility may pose risks for investors seeking stability in penny stocks. Click to explore a detailed breakdown of our findings in Mega Polietilen Köpük Sanayi ve Ticaret Anonim Sirketi's financial health report. Gain insights into Mega Polietilen Köpük Sanayi ve Ticaret Anonim Sirketi's past trends and performance with our report on the company's historical track record. Explore the 96 names from our Middle Eastern Penny Stocks screener here. Searching for a Fresh Perspective? Trump has pledged to "unleash" American oil and gas and these 22 US stocks have developments that are poised to benefit. 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:AJMANBANK IBSE:ESCOM and IBSE:MEGAP. 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@ Sign in to access your portfolio

Middle Eastern Dividend Stocks To Consider In March 2025
Middle Eastern Dividend Stocks To Consider In March 2025

Yahoo

time19-03-2025

  • Business
  • Yahoo

Middle Eastern Dividend Stocks To Consider In March 2025

As regional tensions weigh on most Gulf markets, with indices like Saudi Arabia's benchmark and Dubai's main share index experiencing declines, investors are keenly observing the impact of geopolitical developments on market stability. In this environment, selecting dividend stocks that offer a stable income stream can be an attractive strategy for those looking to navigate uncertain times while benefiting from potential long-term value. Name Dividend Yield Dividend Rating Commercial Bank of Dubai PSC (DFM:CBD) 6.81% ★★★★★★ Emaar Properties PJSC (DFM:EMAAR) 7.49% ★★★★★☆ Arab National Bank (SASE:1080) 5.86% ★★★★★☆ Delek Group (TASE:DLEKG) 8.78% ★★★★★☆ National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) 7.35% ★★★★★☆ Saudi National Bank (SASE:1180) 5.68% ★★★★★☆ Riyad Bank (SASE:1010) 5.88% ★★★★★☆ Saudi Awwal Bank (SASE:1060) 5.57% ★★★★★☆ Emirates NBD Bank PJSC (DFM:EMIRATESNBD) 4.95% ★★★★★☆ Saudi Telecom (SASE:7010) 9.55% ★★★★★☆ Click here to see the full list of 62 stocks from our Top Middle Eastern Dividend Stocks screener. We'll examine a selection from our screener results. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Agthia Group PJSC operates in the food and beverage industry, producing and selling products both in the United Arab Emirates and internationally, with a market cap of AED3.69 billion. Operations: Agthia Group PJSC's revenue is derived from its Consumer Business Division, which includes Snacks (AED1.31 billion), Protein and FV (AED1.04 billion), and Water and Food (AED1.05 billion), as well as its Agri Business Division focused on Flour and Animal Feed (AED1.27 billion). Dividend Yield: 4.2% Agthia Group PJSC offers a mixed dividend profile with recent growth in payouts, proposing a 19% increase to AED 175 million for 2024. However, dividends have been volatile over the past decade. The company's payout ratios are sustainable at 52.7% of earnings and 33.7% of cash flows, indicating strong coverage. Despite trading below fair value estimates and analysts predicting price increases, its dividend yield remains lower than top-tier payers in the AE market at 4.22%. Click here and access our complete dividend analysis report to understand the dynamics of Agthia Group PJSC. Our valuation report unveils the possibility Agthia Group PJSC's shares may be trading at a discount. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Saudia Dairy & Foodstuff Company, along with its subsidiaries, is involved in the production and distribution of dairy products, beverages, and various foodstuffs across Saudi Arabia, Poland, and other Gulf and Arab countries, with a market cap of SAR10 billion. Operations: Saudia Dairy & Foodstuff Company generates revenue through its core segments of dairy products, beverages, and various foodstuffs across multiple regions. Dividend Yield: 3.8% Saudia Dairy & Foodstuff's dividend yield of 3.83% is below the top quartile in Saudi Arabia, and while dividends have been stable and growing over the past decade, they are not well covered by earnings due to a high payout ratio of 136.7%. The company's cash payout ratio stands at 81.6%, suggesting coverage by cash flows but raising sustainability concerns. Despite trading below fair value, analysts expect a price increase of 22.8%. Get an in-depth perspective on Saudia Dairy & Foodstuff's performance by reading our dividend report here. Insights from our recent valuation report point to the potential undervaluation of Saudia Dairy & Foodstuff shares in the market. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Ayalon Insurance Company Ltd, with a market cap of ₪1.21 billion, operates in Israel through its subsidiaries to offer a range of insurance products. Operations: Ayalon Insurance Company Ltd's revenue primarily comes from its General Insurance segments, including Automobile Property Insurance at ₪679.72 million, Other Liabilities Divisions at ₪895.78 million, Compulsory Vehicle Insurance at ₪295.79 million, and Property Branches and Others at ₪273.40 million, along with Health insurance contributing ₪597.48 million. Dividend Yield: 9.9% Ayalon Insurance's dividend yield of 9.93% ranks in the top 25% of Israeli market payers, supported by a low payout ratio of 28.2%, indicating strong coverage by earnings and cash flows (36.2%). However, dividends are new and lack a track record for stability or growth. Recent events include Wesure Global Tech selling a minority stake for ILS 55 million, reducing its holding to around 70.17%. Ayalon trades at a discount to estimated fair value. Take a closer look at Ayalon Insurance's potential here in our dividend report. In light of our recent valuation report, it seems possible that Ayalon Insurance is trading behind its estimated value. Unlock more gems! Our Top Middle Eastern Dividend Stocks screener has unearthed 59 more companies for you to here to unveil our expertly curated list of 62 Top Middle Eastern Dividend Stocks. 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 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:AGTHIA SASE:2270 and TASE:AYAL. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@

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