Latest news with #SharjahCementandIndustrialDevelopment
Yahoo
5 days ago
- Business
- Yahoo
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 Although the term 'penny stocks' may seem outdated, these smaller or newer companies can offer unique opportunities when backed by solid financials.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. Want To Explore Some Alternatives? The end of cancer? These 23 emerging AI stocks are developing tech that will allow early idenification of life changing disesaes like cancer and Alzheimer's. 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. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
15-05-2025
- Business
- Yahoo
3 Middle Eastern Dividend Stocks Yielding Up To 7.1%
As the Middle Eastern markets experience a period of relative stability, with most Gulf bourses settling flat amid fluctuating oil prices, investors are carefully considering their options in this dynamic economic landscape. In such an environment, dividend stocks can be appealing for those seeking steady income streams, offering potential resilience against market volatility. Name Dividend Yield Dividend Rating Emaar Properties PJSC (DFM:EMAAR) 7.58% ★★★★★☆ Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) 7.37% ★★★★★☆ National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) 7.69% ★★★★★☆ Riyad Bank (SASE:1010) 6.26% ★★★★★☆ Arab National Bank (SASE:1080) 6.00% ★★★★★☆ Saudi Awwal Bank (SASE:1060) 5.81% ★★★★★☆ Saudi National Bank (SASE:1180) 5.59% ★★★★★☆ Saudi Telecom (SASE:7010) 9.66% ★★★★★☆ Delek Group (TASE:DLEKG) 8.30% ★★★★★☆ Commercial Bank of Dubai PSC (DFM:CBD) 6.05% ★★★★★☆ Click here to see the full list of 75 stocks from our Top Middle Eastern Dividend Stocks screener. Let's take a closer look at a couple of our picks from the screened companies. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Sharjah Cement and Industrial Development (PJSC) operates in the production and supply of cement and related products, with a market capitalization of AED 425.78 million. Operations: Sharjah Cement and Industrial Development (PJSC) generates revenue through its operations in the production and supply of cement and related products. Dividend Yield: 7.1% Sharjah Cement and Industrial Development Co. (PJSC) offers an attractive dividend yield of 7.14%, placing it in the top 25% of AE market payers. While dividends are covered by earnings and cash flows, they have been volatile over the past decade, with a history of instability. Recent Q1 2025 results showed significant growth in net income to AED 15.5 million from AED 8.45 million a year ago, supporting current payout levels despite share price volatility. Take a closer look at Sharjah Cement and Industrial Development (PJSC)'s potential here in our dividend report. Our comprehensive valuation report raises the possibility that Sharjah Cement and Industrial Development (PJSC) is priced lower than what may be justified by its financials. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Dubai Refreshment (P.J.S.C.) is involved in bottling and selling Pepsi Cola International products both within the United Arab Emirates and internationally, with a market cap of AED1.89 billion. Operations: The company's revenue segment is primarily derived from the canning, bottling, distribution, and trading of soft drinks and related beverage products, amounting to AED828.69 million. Dividend Yield: 4.8% Dubai Refreshment (P.J.S.C.) has a history of volatile dividend payments over the past decade, but recent financials show potential stability. The company's Q1 2025 earnings report revealed an increase in net income to AED 30.17 million from AED 25.66 million year-on-year, supporting its current payout ratio of 66.6%. Despite a lower dividend yield of 4.76% compared to top AE market payers, dividends are well-covered by both earnings and cash flows with a cash payout ratio of 42.1%. Get an in-depth perspective on Dubai Refreshment (P.J.S.C.)'s performance by reading our dividend report here. The analysis detailed in our Dubai Refreshment (P.J.S.C.) valuation report hints at an deflated share price compared to its estimated value. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Fourth Milling Company operates in the Kingdom of Saudi Arabia, focusing on the production, packaging, and sale of flour and its byproducts, animal feed, and bran products, with a market cap of SAR2.12 billion. Operations: Fourth Milling Company's revenue segments include the sale of flour and its byproducts, animal feed, and bran products in Saudi Arabia. Dividend Yield: 5.6% Fourth Milling Company recently reported Q1 2025 earnings with sales of SAR 170.14 million and net income of SAR 52.7 million, indicating growth from the previous year. The company is expanding its production capabilities with a SAR 265 million investment in Al-Kharj city, funded through sharia-compliant bank facilities and internal cash. While dividends are new, they are well-covered by earnings (67.5% payout ratio) and cash flows (49.9% cash payout ratio), offering a competitive yield in the SA market at 5.61%. Click here and access our complete dividend analysis report to understand the dynamics of Fourth Milling. The valuation report we've compiled suggests that Fourth Milling's current price could be quite moderate. Discover the full array of 75 Top Middle Eastern Dividend Stocks right 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. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of 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:SCIDC DFM:DRC and SASE:2286. 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@ 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
