Latest news with #NCTH
Yahoo
2 days ago
- Business
- Yahoo
3 Undiscovered Gems in Middle East for Savvy Investors
The Middle East stock markets have been experiencing mixed performances amid ongoing U.S.-China trade talks, with key indices like Saudi Arabia's benchmark index finishing flat and Dubai's main share index easing slightly despite hovering around 17-year highs. In this environment, identifying stocks that demonstrate resilience and potential for growth can be crucial for investors looking to navigate the complexities of these markets effectively. 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 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% ★★★★★★ Amanat Holdings PJSC 11.28% 31.80% 1.00% ★★★★★☆ National Corporation for Tourism and Hotels 19.25% 0.67% 4.89% ★★★★☆☆ Waja 23.81% 98.44% 14.54% ★★★★☆☆ Saudi Chemical Holding 79.49% 16.57% 44.01% ★★★★☆☆ Click here to see the full list of 220 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. Let's dive into some prime choices out of from the screener. Simply Wall St Value Rating: ★★★★☆☆ Overview: National Corporation for Tourism and Hotels (ticker: ADX:NCTH) invests in, owns, and manages hotels and leisure complexes in the United Arab Emirates with a market capitalization of AED4.75 billion. Operations: NCTH generates revenue primarily from its hotel operations, amounting to AED322.71 million. The company's financials include segment adjustments of AED626.39 million and eliminations of AED10.12 million, impacting the overall revenue structure. With a Price-To-Earnings ratio of 18.1x, National Corporation for Tourism and Hotels (NCTH) offers value below the hospitality industry average of 19.2x. The company's earnings surged by 114%, significantly outpacing the industry's -23.8% performance, though boosted by a one-off gain of AED178M in the last year. Despite an increase in debt to equity from 15.3% to 19.3% over five years, NCTH's net debt to equity remains satisfactory at 3.3%. Recent earnings show sales at AED568M and net income at AED262M, reflecting robust growth compared to previous figures of AED328M and AED74M respectively. Navigate through the intricacies of National Corporation for Tourism and Hotels with our comprehensive health report here. Evaluate National Corporation for Tourism and Hotels' historical performance by accessing our past performance report. Simply Wall St Value Rating: ★★★★★★ Overview: Al Masane Al Kobra Mining Company operates in the Kingdom of Saudi Arabia, focusing on the production of non-ferrous metal ores and precious metals, with a market capitalization of SAR5.52 billion. Operations: The company's revenue primarily derives from the Al Masane Mine and Mount Guyan Mine, contributing SAR350.52 million and SAR256.61 million respectively. Al Masane Al Kobra Mining, a nimble player in the Middle East mining sector, has shown impressive financial resilience. Its net income surged to SAR 55.24 million in Q1 2025 from SAR 15.13 million a year prior, reflecting robust growth. The company's debt-to-equity ratio improved significantly over five years, dropping from 62% to just 3.7%. Additionally, its interest payments are well-covered by EBIT at an impressive 78.7x coverage ratio. Recently awarded three new exploration licenses and forming strategic alliances for further mineral exploitation underscore its commitment to expanding operations and enhancing shareholder value through sustainable growth initiatives. Click to explore a detailed breakdown of our findings in Al Masane Al Kobra Mining's health report. Review our historical performance report to gain insights into Al Masane Al Kobra Mining's's past performance. Simply Wall St Value Rating: ★★★★★★ Overview: The National Agricultural Development Company focuses on the production of agricultural and livestock products both in Saudi Arabia and internationally, with a market capitalization of SAR6.24 billion. Operations: The company generates revenue primarily from three segments: Dairy and Food (SAR3.06 billion), Agriculture (SAR228.53 million), and Protein (SAR226.74 million). The most significant contribution comes from the Dairy and Food segment, highlighting its dominant role in the company's revenue model. National Agricultural Development, a nimble player in the Middle East's food sector, saw earnings soar 112% last year, outpacing the industry's modest 8.8%. This surge was partly due to a significant one-off gain of SAR 296.9M. Trading at a P/E ratio of 8x, it offers compelling value compared to the SA market's average of 21.6x. The company's debt-to-equity ratio impressively shrank from 112% to just under 8% over five years, showcasing prudent financial management. Despite these strengths, future earnings are expected to dip by an average of about 10% annually over the next three years. Click here to discover the nuances of National Agricultural Development with our detailed analytical health report. Gain insights into National Agricultural Development's historical performance by reviewing our past performance report. Explore the 220 names from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener here. Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes. Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage. 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:NCTH SASE:1322 and SASE:6010. 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
Zawya
05-05-2025
- Business
- Zawya
UAE: NCTH's net profits leap to $71.38mln in Q1-25
Abu Dhabi – National Corporation for Tourism and Hotels (NCTH) logged net profits valued at AED 262.25 million in the first quarter (Q1) of 2025, compared to AED 73.59 million in Q1-24. Basic and diluted earnings per share (EPS) hiked to AED 0.12 in Q1-25 from AED 0.06 in Q1-24, according to the consolidated financial results. The revenues hit AED 568.28 million as of 31 March 2025, an annual increase from AED 327.86 million. Source: Mubasher All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. ( Mubasher
Trade Arabia
30-01-2025
- Business
- Trade Arabia
Alpha Dhabi acquires controlling stake in NCTH
Alpha Dhabi Holding has acquired a strategic controlling 73.73% interest in the National Corporation for Tourism and Hotels (NCTH), after selling assets from Alpha Dhabi Hospitality Holding (ADHH) and Murban Energy Limited to NCTH in exchange for shares. The transaction strengthens NCTH's position and Alpha Dhabi Holding's investment in the domestic and international luxury hospitality sector and involves the transfer of four key hotel assets, said a statement. These include two iconic luxury properties in Abu Dhabi – The St. Regis Saadiyat Island Resort and Al Wathba, a Luxury Collection Desert Resort & Spa – as well as the ultra-luxury Cheval Blanc Randheli in the Maldives and the recently opened Cheval Blanc Seychelles. By consolidating its hotel business under the NCTH umbrella through the transfer of ADHH, Murban (BVI) Holding and Hill View Resorts, Alpha Dhabi Holding has reinforced its commitment to growth and diversification, it said. This transfer of properties increases NCTH's portfolio to eight hotels with nearly 1,500 keys, significantly enhancing its hospitality offering.
Zawya
29-01-2025
- Business
- Zawya
Alpha Dhabi acquires 73.73% interest in National Corporation for Tourism and Hotels
ABU DHABI - Alpha Dhabi Holding has acquired a strategic controlling 73.73% interest in the National Corporation for Tourism and Hotels (NCTH), after selling assets from Alpha Dhabi Hospitality Holding LLC (ADHH) and Murban Energy Limited to NCTH in exchange for shares. The transaction strengthens NCTH's position and Alpha Dhabi Holding's investment in the domestic and international luxury hospitality sector and involves the transfer of four key hotel assets. These include two iconic luxury properties in Abu Dhabi – The St. Regis Saadiyat Island Resort and Al Wathba, a Luxury Collection Desert Resort & Spa – as well as the ultra-luxury Cheval Blanc Randheli in the Maldives and the recently opened Cheval Blanc Seychelles. By consolidating its hotel business under the NCTH umbrella through the transfer of ADHH, Murban (BVI) Holding Inc. and Hill View Resorts, Alpha Dhabi Holding has reinforced its commitment to growth and diversification. This transfer of properties increases NCTH's portfolio to eight hotels with nearly 1,500 keys, significantly enhancing its hospitality offering. Eng. Hamad Salem Al Ameri, Chief Executive Officer and Managing Director of Alpha Dhabi Holding, said, 'This transaction underscores Alpha Dhabi Holding's commitment to creating value in high-potential sectors, such as luxury tourism, through a strong presence in the UAE market as well as a growing footprint in the international ultra-luxury segment. The move aligns seamlessly with our long-term strategy to drive impactful and sustainable growth.' The additional destinations join NCTH's existing properties, which include the InterContinental Abu Dhabi and InterContinental Residences Abu Dhabi, as well as the Danat Al Ain Resort, Danat Jebel Dhanna Resort, and Dhafra Beach Hotel. NCTH also provides associated services in catering, retail, and transportation. Hany Farag, Chief Executive Officer of NCTH, said, 'The integration of these prestigious assets into NCTH's portfolio marks a new chapter for the company, positioning it as a leader in the international luxury hospitality segment by building a globally competitive portfolio. We are excited to offer our guests unparalleled experiences while contributing to the growth of the UAE's thriving tourism sector.'
