Latest news with #AlRajhiREITFund
Yahoo
22-05-2025
- Business
- Yahoo
Undiscovered Gems In The Middle East To Explore May 2025
The Middle East stock markets have recently experienced a downturn, with Saudi Arabia's index logging its worst session in six weeks and UAE indices also closing lower, amid global fiscal concerns and fluctuating oil exports. In this challenging environment, identifying promising stocks involves focusing on companies that demonstrate resilience through strong fundamentals and potential for growth despite external pressures. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Alf Meem Yaa for Medical Supplies and Equipment NA 17.03% 18.37% ★★★★★★ MOBI Industry 6.50% 5.60% 24.00% ★★★★★★ Baazeem Trading 6.93% -1.88% -2.38% ★★★★★★ Nofoth Food Products NA 14.41% 31.88% ★★★★★★ Saudi Azm for Communication and Information Technology 2.07% 16.18% 21.11% ★★★★★★ National General Insurance (P.J.S.C.) NA 14.55% 29.05% ★★★★★☆ MIA Teknoloji Anonim Sirketi 14.46% 58.05% 72.63% ★★★★★☆ Amanat Holdings PJSC 11.28% 31.80% 1.00% ★★★★★☆ Waja 23.81% 98.44% 14.54% ★★★★☆☆ National Corporation for Tourism and Hotels 19.25% 0.67% 4.89% ★★★★☆☆ Click here to see the full list of 236 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Value Rating: ★★★★★☆ Overview: Qassim Cement Company operates in the manufacturing and selling of cement within the Kingdom of Saudi Arabia, with a market capitalization of SAR5.71 billion. Operations: Qassim Cement generates revenue primarily from the manufacturing and selling of cement, amounting to SAR1.07 billion. Qassim Cement, a notable player in the Middle East's cement industry, reported impressive earnings growth of 99.2% last year, outpacing the Basic Materials sector's 38.5%. Despite this surge, future earnings are expected to decline by an average of 1% annually over the next three years. The company's debt-to-equity ratio rose slightly to 0.3% over five years, yet interest payments remain well-covered at 170 times by EBIT. Recent results showed Q1 sales at SAR 302.68 million and net income at SAR 94.08 million with a dividend declaration of SAR 0.80 per share for June payout reflecting solid shareholder returns. Delve into the full analysis health report here for a deeper understanding of Qassim Cement. Examine Qassim Cement's past performance report to understand how it has performed in the past. Simply Wall St Value Rating: ★★★★☆☆ Overview: The Al Rajhi REIT Fund is a Sharia-compliant investment fund listed on Tadawul, focusing on generating periodic income by investing in income-generating real estate assets in Saudi Arabia, with a market cap of SAR2.30 billion. Operations: The fund generates revenue primarily from its commercial real estate investments, amounting to SAR260.26 million. Al Rajhi REIT Fund, a noteworthy player in the Middle East's investment landscape, has shown impressive earnings growth of 148% over the past year, significantly outpacing the REIT industry's -14%. The fund's debt management appears robust with a reduction in its debt-to-equity ratio from 50.1% to 39.8% over five years and an interest coverage by EBIT at 3.2 times. Despite a one-off gain of SAR65 million affecting recent results, it trades nearly half below estimated fair value, suggesting potential upside for investors seeking undervalued opportunities in this sector. Unlock comprehensive insights into our analysis of Al Rajhi REIT Fund stock in this health report. Explore historical data to track Al Rajhi REIT Fund's performance over time in our Past section. Simply Wall St Value Rating: ★★★★☆☆ Overview: Perfect Presentation for Commercial Services Company is an ICT services and technology solutions provider in Saudi Arabia with a market capitalization of SAR3.54 billion. Operations: The company generates revenue primarily from Maintenance and Operation Services (SAR373.83 million), Call Centre Services (SAR313.34 million), and Software Licenses and Development Services (SAR309.24 million). Managed Services contribute SAR116.24 million, while Mother Services Social add SAR28.33 million to the total revenue stream. Perfect Presentation for Commercial Services has been making waves with recent contracts, including a SAR 86 million project to maintain digital infrastructure across 48 hospitals over five years. The company's earnings grew by 27% last year, outpacing the IT sector's average growth of 26%. Its net debt to equity ratio stands at a high 71%, though it has decreased from 77% over five years. Despite not being free cash flow positive recently, its price-to-earnings ratio of 21x remains attractive compared to the Saudi market's average. These factors suggest both opportunities and challenges for this emerging player in the Middle East. Take a closer look at Perfect Presentation for Commercial Services' potential here in our health report. Review our historical performance report to gain insights into Perfect Presentation for Commercial Services''s past performance. Click through to start exploring the rest of the 233 Middle Eastern Undiscovered Gems With Strong Fundamentals now. 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. Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor. 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 SASE:3040 SASE:4340 and SASE:7204. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Undiscovered Gems In The Middle East To Explore May 2025
The Middle East stock markets have recently experienced a downturn, with Saudi Arabia's index logging its worst session in six weeks and UAE indices also closing lower, amid global fiscal concerns and fluctuating oil exports. In this challenging environment, identifying promising stocks involves focusing on companies that demonstrate resilience through strong fundamentals and potential for growth despite external pressures. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Alf Meem Yaa for Medical Supplies and Equipment NA 17.03% 18.37% ★★★★★★ MOBI Industry 6.50% 5.60% 24.00% ★★★★★★ Baazeem Trading 6.93% -1.88% -2.38% ★★★★★★ Nofoth Food Products NA 14.41% 31.88% ★★★★★★ Saudi Azm for Communication and Information Technology 2.07% 16.18% 21.11% ★★★★★★ National General Insurance (P.J.S.C.) NA 14.55% 29.05% ★★★★★☆ MIA Teknoloji Anonim Sirketi 14.46% 58.05% 72.63% ★★★★★☆ Amanat Holdings PJSC 11.28% 31.80% 1.00% ★★★★★☆ Waja 23.81% 98.44% 14.54% ★★★★☆☆ National Corporation for Tourism and Hotels 19.25% 0.67% 4.89% ★★★★☆☆ Click here to see the full list of 236 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Value Rating: ★★★★★☆ Overview: Qassim Cement Company operates in the manufacturing and selling of cement within the Kingdom of Saudi Arabia, with a market capitalization of SAR5.71 billion. Operations: Qassim Cement generates revenue primarily from the manufacturing and selling of cement, amounting to SAR1.07 billion. Qassim Cement, a notable player in the Middle East's cement industry, reported impressive earnings growth of 99.2% last year, outpacing the Basic Materials sector's 38.5%. Despite this surge, future earnings are expected to decline by an average of 1% annually over the next three years. The company's debt-to-equity ratio rose slightly to 0.3% over five years, yet interest payments remain well-covered at 170 times by EBIT. Recent results showed Q1 sales at SAR 302.68 million and net income at SAR 94.08 million with a dividend declaration of SAR 0.80 per share for June payout reflecting solid shareholder returns. Delve into the full analysis health report here for a deeper understanding of Qassim Cement. Examine Qassim Cement's past performance report to understand how it has performed in the past. Simply Wall St Value Rating: ★★★★☆☆ Overview: The Al Rajhi REIT Fund is a Sharia-compliant investment fund listed on Tadawul, focusing on generating periodic income by investing in income-generating real estate assets in Saudi Arabia, with a market cap of SAR2.30 billion. Operations: The fund generates revenue primarily from its commercial real estate investments, amounting to SAR260.26 million. Al Rajhi REIT Fund, a noteworthy player in the Middle East's investment landscape, has shown impressive earnings growth of 148% over the past year, significantly outpacing the REIT industry's -14%. The fund's debt management appears robust with a reduction in its debt-to-equity ratio from 50.1% to 39.8% over five years and an interest coverage by EBIT at 3.2 times. Despite a one-off gain of SAR65 million affecting recent results, it trades nearly half below estimated fair value, suggesting potential upside for investors seeking undervalued opportunities in this sector. Unlock comprehensive insights into our analysis of Al Rajhi REIT Fund stock in this health report. Explore historical data to track Al Rajhi REIT Fund's performance over time in our Past section. Simply Wall St Value Rating: ★★★★☆☆ Overview: Perfect Presentation for Commercial Services Company is an ICT services and technology solutions provider in Saudi Arabia with a market capitalization of SAR3.54 billion. Operations: The company generates revenue primarily from Maintenance and Operation Services (SAR373.83 million), Call Centre Services (SAR313.34 million), and Software Licenses and Development Services (SAR309.24 million). Managed Services contribute SAR116.24 million, while Mother Services Social add SAR28.33 million to the total revenue stream. Perfect Presentation for Commercial Services has been making waves with recent contracts, including a SAR 86 million project to maintain digital infrastructure across 48 hospitals over five years. The company's earnings grew by 27% last year, outpacing the IT sector's average growth of 26%. Its net debt to equity ratio stands at a high 71%, though it has decreased from 77% over five years. Despite not being free cash flow positive recently, its price-to-earnings ratio of 21x remains attractive compared to the Saudi market's average. These factors suggest both opportunities and challenges for this emerging player in the Middle East. Take a closer look at Perfect Presentation for Commercial Services' potential here in our health report. Review our historical performance report to gain insights into Perfect Presentation for Commercial Services''s past performance. Click through to start exploring the rest of the 233 Middle Eastern Undiscovered Gems With Strong Fundamentals now. 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. Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor. 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 SASE:3040 SASE:4340 and SASE:7204. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error while retrieving data Sign in to access your portfolio Error while retrieving data
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
Argaam
26-02-2025
- Business
- Argaam
Al-Rajhi REIT's board appoints Sustainable Property to manage Al Narjes Plaza, Oasis Mall
Al-Rajhi Capital announced that Al Rajhi REIT Fund 's board of directors appointed Sustainable Property Co. to manage both Al Narjes Plaza and Oasis Mall properties after the end of the mandatory period of the rental contract for each property. Such change will become effective as of March 13, 2025, it added. In a statement to Tadawul, the company said that, as for Al Narjis Plaza, this appointment will entail a property management fee of 8% of the rent collected, except for Tamimi Markets contract, which will be calculated as 5% of the rent collected until the end of the contract. As for Oasis Mall, this appointment will entail a property management fee of 7.5% of the rent collected, except for Landmark Markets contract, which will be calculated as 5% of the rent collected until the end of the contract, in addition to SAR 25,000 per month plus 5% from the collected rents of the new tenants as marketing and leasing fee for one year only, it added.
Argaam
06-02-2025
- Business
- Argaam
Al Rajhi REIT goes ex-dividend today
Units of Al Rajhi REIT Fund go ex-dividend today, Feb. 6. Al Rajhi Capital, the fund manager, decided on a 1.4% cash dividend payout, or SAR 0.14 per unit, for Q4 2024. The distribution date is Feb. 27, 2025.
