Discovering Undiscovered Gems in the Middle East for November 2025

As Gulf bourses track a global selloff due to fading hopes of a U.S. Federal Reserve rate cut, the Middle East market is experiencing heightened volatility, with key indices like the Qatari benchmark index hitting multi-month lows. Amid this backdrop, identifying undiscovered gems requires a keen eye for companies with strong fundamentals and resilience to broader market pressures.

Top 10 Undiscovered Gems With Strong Fundamentals In The Middle East

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
Rimoni Industries	NA	1.42%	-1.24%	★★★★★★
MOBI Industry	18.09%	6.66%	22.02%	★★★★★★
Baazeem Trading	9.71%	-1.27%	-1.66%	★★★★★★
Sure Global Tech	NA	10.11%	15.42%	★★★★★★
Qassim Cement	NA	4.02%	-11.46%	★★★★★★
Nofoth Food Products	NA	15.49%	26.47%	★★★★★★
Saudi Azm for Communication and Information Technology	3.26%	17.17%	23.30%	★★★★★★
Najran Cement	14.76%	-4.20%	-30.22%	★★★★★★
Etihad Atheeb Telecommunication	0.97%	38.36%	57.78%	★★★★★☆
Amir Marketing and Investments in Agriculture	25.54%	4.63%	6.37%	★★★★☆☆

Click here to see the full list of 198 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener.

Let's review some notable picks from our screened stocks.

Ege Profil Ticaret ve Sanayi Anonim Sirketi (IBSE:EGPRO)

Simply Wall St Value Rating: ★★★★★★

Overview: Ege Profil Ticaret ve Sanayi Anonim Sirketi is engaged in the production and sale of plastic pipes, spare parts, and various profiles and plastic goods both within Turkey and internationally, with a market capitalization of TRY14.44 billion.

Operations: Ege Profil generates revenue primarily from the sale of plastic products, including pipes and spare parts, in both domestic and international markets. The company's net profit margin is notably 8.5%, reflecting its efficiency in converting sales into actual profit.

Ege Profil, a notable player in the Middle East's building industry, showcases an intriguing blend of financial metrics. Its debt to equity ratio impressively decreased from 66.8% to 6.2% over five years, indicating prudent financial management. The company also boasts high-quality earnings with an 8.9% growth rate last year, outperforming the industry's -6.9%. Despite recent sales slipping to TRY 3 billion in Q3 from TRY 3.1 billion a year ago, net income rose significantly to TRY 365 million from TRY 245 million, reflecting robust profitability and strategic cost management amidst market challenges.

• Take a closer look at Ege Profil Ticaret ve Sanayi Anonim Sirketi's potential here in our health report.

• Explore historical data to track Ege Profil Ticaret ve Sanayi Anonim Sirketi's performance over time in our Past section.

Pasifik Teknoloji (IBSE:PATEK)

Simply Wall St Value Rating: ★★★★☆☆

Overview: Pasifik Teknoloji A.S. supplies computer hardware, electronic products, and software to corporate clients in Turkey with a market cap of TRY16.62 billion.

Operations: Pasifik Teknoloji generates revenue through the sale of computer hardware, electronic products, and software to corporate clients in Turkey. The company's net profit margin has shown variability over recent periods.

Pasifik Teknoloji, a nimble player in the IT sector, recently showcased impressive financial growth. The company reported third-quarter sales of TRY 528.74 million, up from TRY 329.66 million last year, and net income soared to TRY 616.29 million from TRY 38.08 million previously. Over nine months, sales nearly doubled to TRY 1,976.31 million with net income reaching TRY 1,035.39 million compared to a loss last year of TRY 25.71 million—highlighting its profitability turnaround despite high share price volatility over three months and trading at a discount of about 20% below estimated fair value.

• Click to explore a detailed breakdown of our findings in Pasifik Teknoloji's health report.

• Review our historical performance report to gain insights into Pasifik Teknoloji's's past performance.

Delta Israel Brands (TASE:DLTI)

Simply Wall St Value Rating: ★★★★★★

Overview: Delta Israel Brands Ltd. designs, develops, markets, and sells various clothing products in Israel with a market cap of ₪2.68 billion.

Operations: Delta Israel Brands generates revenue primarily through its owned brands, contributing ₪1.09 billion, and franchise brands, adding ₪158.11 million.

Delta Israel Brands, a nimble player in the specialty retail sector, showcases high-quality earnings with a steady growth rate of 8.8% annually over five years. Despite its debt-free status, recent performance has been mixed; Q2 sales were ILS 262.84 million, slightly up from ILS 262.52 million last year, yet net income dipped to ILS 28.95 million from ILS 34.4 million previously. The company was recently added to the S&P Global BMI Index, indicating potential recognition on a larger scale and possibly hinting at future opportunities for expansion or increased investor interest in this regionally focused enterprise.

• Get an in-depth perspective on Delta Israel Brands' performance by reading our health report here.

• Evaluate Delta Israel Brands' historical performance by accessing our past performance report.

Next Steps

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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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