Latest news with #EastPipesIntegratedCompanyforIndustry
Yahoo
17-04-2025
- Business
- Yahoo
Exploring Middle East's Hidden Gems Including 3 Promising Small Caps with Solid Potential
The Middle East stock markets have recently shown mixed performance amid global trade tensions, with indices such as Dubai's experiencing declines while Saudi Arabia's saw slight gains. In this environment, identifying promising small-cap stocks requires a focus on companies with strong fundamentals and resilience to external economic pressures, making them potential hidden gems in the region. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Sure Global Tech NA 13.90% 18.91% ★★★★★★ Nofoth Food Products NA 14.41% 31.88% ★★★★★★ MOBI Industry 6.50% 5.60% 24.00% ★★★★★★ Baazeem Trading 6.93% -1.88% -2.38% ★★★★★★ National Corporation for Tourism and Hotels 15.77% -3.48% -12.95% ★★★★★★ Amanat Holdings PJSC 12.00% 34.39% -9.61% ★★★★★☆ Malam - Team 91.23% 12.11% -6.38% ★★★★★☆ Y.D. More Investments 72.96% 29.63% 29.48% ★★★★★☆ C. Mer Industries 114.92% 13.32% 73.44% ★★★★☆☆ Polyram Plastic Industries 41.71% 10.42% 9.94% ★★★★☆☆ Click here to see the full list of 243 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. We'll examine a selection from our screener results. Simply Wall St Value Rating: ★★★★★★ Overview: East Pipes Integrated Company for Industry specializes in the manufacturing and sale of iron and steel pipes, tubes, and hollow shapes in Saudi Arabia, with a market capitalization of SAR4.35 billion. Operations: East Pipes generates revenue primarily from its Machinery - Pumps segment, amounting to SAR2.15 billion. East Pipes Integrated Company for Industry, a smaller player in the Middle East's industrial sector, has shown remarkable earnings growth of 281% over the past year, outpacing its industry peers by a significant margin. Its net income for the latest quarter reached SAR 112 million, up from SAR 86 million the previous year. The company's interest payments are comfortably covered with an EBIT coverage ratio of 38 times. Despite recent share price volatility, East Pipes is expanding its production capacity with a new line costing SAR 48 million expected to boost output by an additional 100,000 MTs in coming years. Click to explore a detailed breakdown of our findings in East Pipes Integrated Company for Industry's health report. Gain insights into East Pipes Integrated Company for Industry's historical performance by reviewing our past performance report. Simply Wall St Value Rating: ★★★★★★ Overview: Derayah Financial Company offers brokerage, advisory, and custody services in Saudi Arabia and internationally, with a market capitalization of SAR7.20 billion. Operations: The primary revenue streams for Derayah Financial include brokerage services generating SAR689.89 million, asset management contributing SAR144.72 million, and investment activities providing SAR42.06 million. The company's financial performance is significantly driven by its brokerage segment, which accounts for the majority of its income. Derayah Financial, a promising player in the Middle East financial scene, has showcased impressive growth with earnings rising 34.6% last year, outpacing the industry average of 19.6%. The company reported SAR 443.9 million in net income for 2024, up from SAR 329.7 million the previous year, and completed an IPO raising SAR 1.5 billion at a price of SAR 30 per share. With a price-to-earnings ratio of 16x compared to the SA market's average of 22x and no debt on its books for five years now, Derayah seems well-positioned within its sector despite highly illiquid shares. Navigate through the intricacies of Derayah Financial with our comprehensive health report here. Assess Derayah Financial's past performance with our detailed historical performance reports. Simply Wall St Value Rating: ★★★★★★ Overview: One Software Technologies Ltd offers a range of software, hardware, and integration services with a market capitalization of approximately ₪5.11 billion. Operations: One Software Technologies Ltd generates revenue primarily from three segments: Infrastructure and Computing Solutions (₪1.22 billion), Outsourcing of Business Processes and Technological Support Centers (₪316.01 million), and Technological Solutions and Services, Management Consulting, and Value-Added Services (₪2.49 billion). The company's net profit margin is a key financial metric to consider when analyzing its profitability trends over time. One Software Technologies, a dynamic player in the IT sector, has seen its earnings grow by 26.5% over the past year, outpacing the industry average of 24.5%. The company boasts a strong balance sheet with cash exceeding total debt and a reduced debt-to-equity ratio from 51.2% to 24.8% over five years. Its interest payments are comfortably covered by EBIT at 23.5 times coverage, indicating financial stability. Trading at an attractive valuation of 8.3% below estimated fair value, ONE also reported improved net income of ILS230 million for 2024 compared to ILS182 million the previous year, showcasing robust profitability and growth potential in its market segment. Click here and access our complete health analysis report to understand the dynamics of One Software Technologies. Examine One Software Technologies' past performance report to understand how it has performed in the past. Delve into our full catalog of 243 Middle Eastern Undiscovered Gems With Strong Fundamentals here. Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks. 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:1321 SASE:4084 and TASE:ONE. 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Argaam
10-02-2025
- Business
- Argaam
East Pipes expands output capacity to meet growing demand, boost market share: CEO
East Pipes Integrated Company for Industry 's decision to expand production capacity comes in support of its upbeat outlook for rising demand for pipes, especially spiral arc welded pipes, arising from the strategic projects of the Kingdom's Vision 2030 in the oil and gas, water and infrastructure development sectors in the coming years, CEO Mohammed Al-Shaheen said in an interview with Argaam. The company aims through this expansion to leverage the growing demand for pipes by increasing its production capacity to meet customer requirements. Such expansion comes in line with the company's strategic objectives to boost its market share, he added. East Pipes' production capacity currently stands at 400,000 metric tons per year, said Al-Shaheen, indicating that it will increase after this expansion to 500,000 metric tons per year.
Argaam
09-02-2025
- Business
- Argaam
East Pipes to set up SAR 48M production line for HSAW pipes
East Pipes Integrated Company for Industry signed contracts with different entities to establish a new production line for Helical Submerged Arc Welded (HSAW) pipes in the company's factory in Dammam 2nd Industrial City. The project, which costs nearly SAR 48 million, will be financed from the company's available cash, bank facilities, and other programs, the company said in a statement to Tadawul. Several entities and consultants were contracted to supply machinery and equipment for the new production line that will add about 100,000 metric tons to the current 400,000 MT nameplate capacity. The pipe manufacturer will embark on the project this month, it added, expecting it to be complete in Q4 2025/26. It also expects the relevant financial impact to show in Q1 2026/27. Trial production is likely to begin in Q4 2025/26 for one month. There are no related parties to the deal, the company noted, adding that any material developments will be duly announced.
