The Middle Eastern markets have recently experienced a retreat, influenced by regional interest rate cuts and cautious sentiment following the U.S. Federal Reserve's policy outlook. Despite these broader market challenges, penny stocks remain a niche area of interest for investors seeking growth opportunities in smaller or newer companies. While the term "penny stocks" may seem outdated, they can still offer significant value when supported by strong financial health and long-term potential.
Top 10 Penny Stocks In The Middle East
| Name | Share Price | Market Cap | Rewards & Risks |
| E.E.A.M.I (TASE:EEAM-M) | ₪0.074 | ₪7.26M | ✅ 2 ⚠️ 4 View Analysis > |
| Maharah for Human Resources (SASE:1831) | SAR4.57 | SAR2.05B | ✅ 2 ⚠️ 3 View Analysis > |
| Thob Al Aseel (SASE:4012) | SAR3.65 | SAR1.46B | ✅ 2 ⚠️ 1 View Analysis > |
| Mega Polietilen Köpük Sanayi ve Ticaret Anonim Sirketi (IBSE:MEGAP) | TRY4.65 | TRY1.28B | ✅ 2 ⚠️ 3 View Analysis > |
| E7 Group PJSC (ADX:E7) | AED1.05 | AED2.12B | ✅ 5 ⚠️ 3 View Analysis > |
| Al Wathba National Insurance Company PJSC (ADX:AWNIC) | AED3.30 | AED683.1M | ✅ 2 ⚠️ 3 View Analysis > |
| Dubai National Insurance & Reinsurance (P.S.C.) (DFM:DNIR) | AED3.40 | AED392.7M | ✅ 2 ⚠️ 3 View Analysis > |
| Dubai Investments PJSC (DFM:DIC) | AED3.08 | AED13.1B | ✅ 2 ⚠️ 3 View Analysis > |
| Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC) | AED0.859 | AED522.49M | ✅ 2 ⚠️ 2 View Analysis > |
| Tgi Infrastructures (TASE:TGI) | ₪2.67 | ₪209.59M | ✅ 2 ⚠️ 3 View Analysis > |
Click here to see the full list of 78 stocks from our Middle Eastern Penny Stocks screener.
Let's dive into some prime choices out of the screener.
National Investor Pr. J.S.C (ADX:TNI)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: The National Investor Pr. J.S.C., with a market cap of AED108.10 million, operates in the United Arab Emirates offering private equity, real estate investment and consultancy, economic feasibility studies, commercial agencies, and hospitality services through its subsidiaries.
Operations: The company generates revenue from its Principal Investments segment, amounting to AED31.79 million.
Market Cap: AED108.1M
National Investor Pr. J.S.C., with a market cap of AED108.10 million, has shown significant improvement in its financial performance despite being unprofitable. The company reported half-year revenue of AED20.23 million, doubling from the previous year, and achieved a net income of AED2.03 million compared to a loss previously. It maintains a strong cash position with more cash than total debt and sufficient runway for over three years due to positive free cash flow growth at 12.6% annually. Shareholders have not experienced dilution recently, and both short- and long-term liabilities are well-covered by assets.
- Get an in-depth perspective on National Investor Pr. J.S.C's performance by reading our balance sheet health report here.
- Examine National Investor Pr. J.S.C's past performance report to understand how it has performed in prior years.
Escort Teknoloji Yatirim (IBSE:ESCOM)
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: Escort Teknoloji Yatirim A.S. offers technology-based products, solutions, and services both in Turkey and internationally, with a market cap of TRY2.31 billion.
Operations: The company generates revenue primarily from its operations in Turkey, amounting to TRY369.28 million.
Market Cap: TRY2.31B
Escort Teknoloji Yatirim A.S., with a market cap of TRY2.31 billion, remains unprofitable but has reduced losses by 8.4% annually over the past five years. The company reported second-quarter sales of TRY0.46 million and achieved a net income of TRY2.06 million, reversing a previous loss of TRY6.57 million from last year, indicating potential financial improvement despite low revenue levels that suggest it is pre-revenue in nature. The firm operates debt-free and its short-term assets exceed long-term liabilities, yet they fall short in covering short-term liabilities, presenting both opportunities and challenges for investors considering penny stocks.
- Navigate through the intricacies of Escort Teknoloji Yatirim with our comprehensive balance sheet health report here.
- Understand Escort Teknoloji Yatirim's track record by examining our performance history report.
Feat Fund Investments - Limited Partnership (TASE:FEAT)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Feat Fund Investments - Limited Partnership focuses on investing in the food, environment, agriculture, and technology sectors with a market cap of ₪6.10 million.
Operations: The partnership's revenue segment in venture capital is reported at -₪1.58 million.
Market Cap: ₪6.1M
Feat Fund Investments - Limited Partnership, with a market cap of ₪6.10 million, is pre-revenue and unprofitable, but it has reduced losses by 11.9% annually over the past five years. The company operates debt-free and its short-term assets of ₪3.2 million exceed its short-term liabilities of ₪2.7 million, providing some financial stability despite a highly volatile share price recently. Recent equity offerings raised ILS 7.8 million to support operations for 1.6 years if cash flow continues to grow historically at 8.3%. However, the company's revenue dropped significantly from ILS 5.16 million last year to ILS 0.073 million this year.
- Jump into the full analysis health report here for a deeper understanding of Feat Fund Investments - Limited Partnership.
- Assess Feat Fund Investments - Limited Partnership's previous results with our detailed historical performance reports.
Where To Now?
- Get an in-depth perspective on all 78 Middle Eastern Penny Stocks by using our screener here.
- Ready For A Different Approach? The latest GPUs need a type of rare earth metal called Neodymium and there are only 30 companies in the world exploring or producing it. Find the list for free.
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.
Valuation is complex, but we're here to simplify it.
Discover if Escort Teknoloji Yatirim might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com