5 days ago
Discover Middle Eastern Penny Stocks: Sharjah Cement and Industrial Development (PJSC) Among 3 Compelling Picks
The Middle Eastern stock markets have recently experienced fluctuations, with Dubai's main index snapping a five-day winning streak amidst concerns over potential real estate price declines. In such a volatile environment, investors often look towards penny stocks for their affordability and potential for growth. Although the term 'penny stocks' may seem outdated, these smaller or newer companies can offer unique opportunities when backed by solid financials.
Name
Share Price
Market Cap
Financial Health Rating
Katmerciler Arac Üstü Ekipman Sanayi ve Ticaret (IBSE:KATMR)
TRY1.70
TRY1.83B
★★★★★☆
Thob Al Aseel (SASE:4012)
SAR4.00
SAR1.6B
★★★★★★
Alarum Technologies (TASE:ALAR)
₪2.70
₪189.09M
★★★★★★
Terminal X Online (TASE:TRX)
₪4.339
₪551.08M
★★★★★★
Oil Refineries (TASE:ORL)
₪0.905
₪2.81B
★★★★★☆
Tgi Infrastructures (TASE:TGI)
₪2.311
₪171.8M
★★★★★★
Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC)
AED0.723
AED439.77M
★★★★★★
Dubai National Insurance & Reinsurance (P.S.C.) (DFM:DNIR)
AED3.00
AED361.51M
★★★★★★
E7 Group PJSC (ADX:E7)
AED1.03
AED2.08B
★★★★★★
Dubai Investments PJSC (DFM:DIC)
AED2.40
AED10.12B
★★★★☆☆
Click here to see the full list of 93 stocks from our Middle Eastern Penny Stocks screener.
Let's review some notable picks from our screened stocks.
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Sharjah Cement and Industrial Development (PJSC) operates in the production and distribution of cement and related products, with a market cap of AED439.77 million.
Operations: The company's revenue is primarily derived from its manufacturing segment, totaling AED690.53 million.
Market Cap: AED439.77M
Sharjah Cement and Industrial Development (PJSC) has demonstrated strong financial health with its short-term assets exceeding both short and long-term liabilities, while maintaining a satisfactory net debt to equity ratio of 24.8%. The company reported significant earnings growth of 98.1% over the past year, outpacing the industry average. Despite a volatile share price and low return on equity at 2.9%, its debt is well covered by operating cash flow, indicating solid operational efficiency. Recent earnings results show improved sales and net income for Q1 2025, reflecting ongoing profitability despite an unstable dividend history.
Unlock comprehensive insights into our analysis of Sharjah Cement and Industrial Development (PJSC) stock in this financial health report.
Learn about Sharjah Cement and Industrial Development (PJSC)'s historical performance here.
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Yesil Yapi Endüstrisi A.S. is a construction company operating in Turkey and internationally, with a market cap of TRY1.41 billion.
Operations: Yesil Yapi Endüstrisi A.S. has not reported any specific revenue segments.
Market Cap: TRY1.41B
Yesil Yapi Endüstrisi A.S. has shown financial resilience with its short-term assets exceeding short-term liabilities, although they fall short of covering long-term liabilities. Despite making less than US$1 million in revenue, the company reported a substantial net income increase in Q1 2025, indicating high non-cash earnings quality. Its price-to-earnings ratio is significantly lower than the market average, suggesting potential undervaluation. The company's return on equity is strong at 20.1%, and it has successfully reduced its debt to equity ratio over five years while maintaining more cash than total debt, reflecting prudent financial management amidst negative recent earnings growth.
Jump into the full analysis health report here for a deeper understanding of Yesil Yapi Endüstrisi.
Review our historical performance report to gain insights into Yesil Yapi Endüstrisi's track record.
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Jeen Technologies AI Ltd develops, manufactures, and markets mobile computing platforms for fleet and mobile workforce management solutions with a market cap of ₪36.19 million.
Operations: The company generates revenue from its hardware products, amounting to ₪3.33 million.
Market Cap: ₪36.19M
Jeen Technologies AI Ltd, formerly Micronet Ltd, is navigating the penny stock landscape with a market cap of ₪36.19 million and limited revenue streams under US$1 million (₪3.33M), classifying it as pre-revenue. Despite being debt-free and possessing sufficient short-term assets to cover liabilities, the company remains unprofitable with declining earnings over five years at 2.3% annually. The share price has been highly volatile recently, though weekly volatility has stabilized over the past year compared to most IL stocks. A recent name change reflects ongoing corporate restructuring efforts amidst an inexperienced board and seasoned management team tenure averaging 4.7 years.
Get an in-depth perspective on Jeen Technologies AI's performance by reading our balance sheet health report here.
Gain insights into Jeen Technologies AI's historical outcomes by reviewing our past performance report.
Take a closer look at our Middle Eastern Penny Stocks list of 93 companies by clicking here.
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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:SCIDC IBSE:YYAPI and TASE:JEEN.
This article was originally published by Simply Wall St.
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