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Exploring Undiscovered Gems in the Middle East April 2025

In This Article:

As the Middle East's financial landscape navigates mixed outcomes from Gulf bourses amid ongoing trade war concerns, investors are keenly observing how regional indices respond to global economic tensions. In this climate, identifying promising stocks requires a focus on companies with resilient business models and strategic growth opportunities that can withstand external pressures.

Top 10 Undiscovered Gems With Strong Fundamentals In The Middle East

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.

Riyadh Cement

Simply Wall St Value Rating: ★★★★★★

Overview: Riyadh Cement Company engages in the production and sale of cement across several Middle Eastern countries, including Saudi Arabia, Bahrain, Jordan, Kuwait, Qatar, and Oman, with a market capitalization of SAR4.21 billion.

Operations: Riyadh Cement generates revenue primarily from its cement manufacturing segment, which amounted to SAR789.40 million. The company operates in multiple Middle Eastern markets, contributing to its diverse revenue streams.

Riyadh Cement, a smaller player in the Middle East cement sector, has demonstrated impressive financial performance. The company reported sales of SAR 789.4 million for 2024, up from SAR 643.38 million the previous year, with net income jumping to SAR 310.44 million from SAR 188.77 million. Its earnings per share rose to SAR 2.59 from SAR 1.57, reflecting robust growth and profitability without any debt burden since its debt-to-equity ratio was once at 2.4%. With a price-to-earnings ratio of just 13.6x compared to the SA market's average of 22.4x, Riyadh Cement appears attractively valued relative to its peers and industry standards.

SASE:3092 Debt to Equity as at Apr 2025
SASE:3092 Debt to Equity as at Apr 2025

National Agricultural Development

Simply Wall St Value Rating: ★★★★★★

Overview: The National Agricultural Development Company operates in the production of agricultural and livestock products both domestically in Saudi Arabia and internationally, with a market capitalization of SAR6.96 billion.