Undiscovered Gems in Middle East Stocks for December 2025

As the Middle East stock markets navigate a challenging landscape marked by declining oil prices and fluctuating indices, investors are keenly observing how these dynamics impact small-cap stocks. With Gulf equities experiencing downward pressure and broader market sentiment being influenced by global economic indicators, identifying resilient stocks becomes crucial. In such an environment, a good stock is often characterized by its ability to withstand external pressures while maintaining growth potential amidst volatility.

Top 10 Undiscovered Gems With Strong Fundamentals In The Middle East

Click here to see the full list of 185 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener.

Let's uncover some gems from our specialized screener.

Adra Gayrimenkul Yatirim Ortakligi Anonim Sirketi (IBSE:ADGYO)

Simply Wall St Value Rating: ★★★★★★

Overview: Adra Gayrimenkul Yatirim Ortakligi Anonim Sirketi operates as a real estate investment trust in Turkey, with a market capitalization of TRY13.77 billion.

Operations: Adra generates revenue primarily from the real estate sector, amounting to TRY701.92 million. The company's financial performance reflects its focus on this segment as a key driver of income.

Adra Gayrimenkul Yatirim Ortakligi Anonim Sirketi, a nimble player in the Middle Eastern market, has captured attention with its robust financial health. The company stands out by being debt-free for five years and posting a remarkable 26.5% earnings growth over the past year, surpassing the Residential REITs industry average of 15%. Despite this growth, recent results show mixed signals; while third-quarter sales marginally increased to TRY208.25 million from TRY207.63 million last year, net income saw a significant turnaround to TRY42.98 million from a loss of TRY9.36 million previously due to one-off gains impacting overall performance by TRY251.9M as of September 2025.

• Unlock comprehensive insights into our analysis of Adra Gayrimenkul Yatirim Ortakligi Anonim Sirketi stock in this health report.

• Gain insights into Adra Gayrimenkul Yatirim Ortakligi Anonim Sirketi's historical performance by reviewing our past performance report.

Gipta Ofis Kirtasiye ve Promosyon Ürünleri Imalat Sanayi (IBSE:GIPTA)

Simply Wall St Value Rating: ★★★★★☆

Overview: Gipta Ofis Kirtasiye ve Promosyon Ürünleri Imalat Sanayi operates in the manufacturing sector, focusing on office stationery and promotional products, with a market capitalization of TRY10.72 billion.

Operations: Gipta generates revenue primarily from its Paper & Paper Products segment, amounting to TRY1.70 billion.

Gipta Ofis Kirtasiye ve Promosyon Ürünleri Imalat Sanayi, a small player in the commercial services sector, has shown impressive earnings growth of 194.1% over the past year, outpacing the industry average of 7.1%. Despite a volatile share price recently, its financial health appears robust with more cash than total debt and strong interest coverage. Trading at 44.1% below estimated fair value suggests potential for appreciation. Recent earnings reports highlight net income rising to TRY 202.98 million in Q3 from TRY 194.78 million last year, indicating solid profitability despite sales dipping slightly to TRY 1,665.82 million from TRY 1,745.73 million previously.

• Get an in-depth perspective on Gipta Ofis Kirtasiye ve Promosyon Ürünleri Imalat Sanayi's performance by reading our health report here.

• Examine Gipta Ofis Kirtasiye ve Promosyon Ürünleri Imalat Sanayi's past performance report to understand how it has performed in the past.

Y.D. More Investments (TASE:MRIN)

Simply Wall St Value Rating: ★★★★★★

Overview: Y.D. More Investments Ltd is a privately owned investment manager with a market cap of ₪4.07 billion, focusing on various financial services and asset management activities.

Operations: Y.D. More Investments generates revenue primarily from the management of provident and pension funds, contributing ₪602.93 million, and mutual fund management, adding ₪285.30 million. Investment portfolio management also plays a role with revenues of ₪40.04 million.

Y.D. More Investments, a promising player in the Middle East market, has recently been added to both the TA-125 and S&P Global BMI Indexes, reflecting its growing recognition. The company reported third-quarter revenue of ILS 252 million, up from ILS 212 million last year, although net income fell to ILS 23.87 million from ILS 28.04 million. For nine months ending September 2025, revenue reached ILS 733 million compared to last year's ILS 577 million with net income rising significantly to ILS 93.46 million from ILS 60.23 million previously—showcasing robust performance despite quarterly fluctuations in earnings per share.

• Click to explore a detailed breakdown of our findings in Y.D. More Investments' health report.

• Review our historical performance report to gain insights into Y.D. More Investments''s past performance.

Turning Ideas Into Actions

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Want To Explore Some Alternatives?

• 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.

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