There are big changes at the top of the rankings this year, and there is greater geographical diversity in the list. Companies in the region are dealing with a number of serious headwinds and broader economic and market changes, which are starting to take their toll. 

Author: Denise Bedell

METHODOLOGY


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The Middle East Best-Performing Companies list ranks publicly traded, nonfinancial companies in the region based on measures of profitability, financial strength and market value. To determine performance, we look at each company’s return on assets, profit margin, solvency ratio and price/earnings ratio and assign a ranking of 1 to 250 on each measure—the lower the number, the higher the rank. To be considered, firms must rank in the top 250 companies in the region, based on market capitalization. The countries covered by the ranking include Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Palestinian Territory, Qatar, Saudi Arabia, Syrian Arab Republic, United Arab Emirates and Yemen. Data is accurate as of March 1, 2015.


Top 25 Best-Performing Companies

Rank
Company
Country
Return on
Assets %
Profit Margin
%
Price/Earnings Ratio
Solvency Ratio
%
Market Capitalization
($ millions)

1

Check Point
Software
Technologies

Israel

13.33

55.48

22.7

73.5

15,195,836

2

Taro
Pharmaceutical
Industries

Israel

27.87

67.08

12.07

81.56

6,113,165

3

Medicare
Group

Qatar

17.47

33.51

14.81

89.06

775,392

4

Informatics
Services

Iran

32.97

73.46

10.18

87.77

1,855,651

5

Qassim Cement

Saudi Arabia

27.75

60.18

9.9

89.13

1,535,479

6

Makkah Construction
& Development

Saudi Arabia

3.59

81.17

40.88

97.49

3,669,810

7

Saudi Arabian
Fertilizer

Saudi Arabia

35.57

72.17

8.6

88.09

7,654,240

=8

Yanbu Cement

Saudi Arabia

19.35

50.83

9.1

89.64

1,973,107

=8

Bahrain Duty Free
Shop Complex

Bahrain

16.41

29.03

12.28

88.45

291,960

10

Gulf Hotel Group

Bahrain

14.31

32.87

12.01

88.2

359,613

11

Sarine
Technologies

Israel

41.55

37.3

9.18

86.5

336,303

12

Yamama Saudi
Cement

Saudi Arabia

15.98

51.41

8.93

92.3

1,578,378

13

Southern Province
Cement

Saudi Arabia

26.88

53.69

9.24

76.13

2,555,025

14

Qatar Industrial
Manufacturing

Qatar

9.29

53.24

11.96

88.77

531,256

15

Mouwasat
Medical Services

Saudi Arabia

14.12

27.36

22.05

63.95

1,524,093

16

Herfy Food
Services

Saudi Arabia

21.09

22.88

15.24

69.45

861,268

17

Arab Potash

Jordan

10.51

20.45

16.13

90.78

2,266,917

=18

City Cement

Saudi Arabia

10.95

45.33

9.61

92.29

633,677

=18

Caesarstone
Sdot-Yam

Israel

17.87

21.01

14.97

73.12

1,324,965

20

Saudi Airlines
Catering

Saudi Arabia

36.14

30.32

11.31

67.74

2,232,746

21

A’Saffa Foods

Oman

13.84

25.57

16.02

71.27

268,157

22

Eastern Province
Cement

Saudi Arabia

14.74

40.83

7.8

89.24

739,580

23

Kuwait
National
Cinema

Kuwait

10.29

37.46

12.7

74.88

347,614

24

Saudi Cement

Saudi Arabia

23.95

54.7

8.39

71.57

2,474,046

25

Maytronics

Israel

17.65

18.49

14.94

71.61

232,910

Data source: Orbis by Bureau Van Dijk


Best-Performing Companies By Sector

Rank
Company
Country
Latest Reporting Year
Total Score
Market
Capitalization
($ millions)

Chemicals, Rubber, Plastics, Non-metallic Products

1

Taro Pharmaceutical Industries

Israel

2014

150

6,113,165

2

Qassim Cement

Saudi Arabia

2015

170

1,535,479

3

Saudi Arabian Fertilizer

Saudi Arabia

2014

185

7,654,240

4

Yanbu Cement

Saudi Arabia

2015

200

1,973,107

5

Yamama Saudi Cement

Saudi Arabia

2015

209

1,578,378

Construction & Real Estate

1

Makkah Construction & Development

Saudi Arabia

2015

181

3,669,810

2

Arriyadh Development Authority

Saudi Arabia

2015

294

683,715

3

Sakht Ajand

Iran

2015

332

707,127

4

Alandalus Property

Saudi Arabia

2014

405

390,870

5

Emaar Properties

UAE

2014

435

11,111,705

Education & Health

1

Medicare Group

Qatar

2014

157

775,392

2

Mouwasat Medical Services

Saudi Arabia

2014

230

1,524,093

3

Dallah Healthcare

Saudi Arabia

2014

263

1,093,595

4

Al Hamadi Development & Investment

Saudi Arabia

2014

323

1,328,925

5

Gulf Medical Projects

UAE

2014

357

428,170

Food, Beverages & Tobacco

1

Herfy Food Services

Saudi Arabia

2014

231

861,268

2

Saudi Airlines Catering

Saudi Arabia

2014

243

2,232,746

3

A’Saffa Foods

Oman

2014

246

268,157

4

Saudi Dairy & Foodstuff

Saudi Arabia

2014

283

1,126,463

5

Baghdad Soft Drinks

Iraq

2014

315

249,601

Gas, Water & Electricity

1

National Gas & Industrialization

Saudi Arabia

2014

417

423,189

2

Dana Gas

UAE

2014

423

947,653

3

Electrical Industries

Saudi Arabia

2014

448

335,871

4

Sembcorp Salalah Power & Water

Oman

2014

518

607,692

5

Acwa Power Barka

Oman

2014

521

259,426

Machinery, Equipment, Furniture & Recycling

1

Sarine Technologies

Israel

2014

205

336,303

2

Caesarstone Sdot-Yam

Israel

2014

242

1,324,965

3

Maytronics

Israel

2014

260

232,910

4

Nova Measuring Instruments

Israel

2014

295

288,861

5

Aamal Holding

Qatar

2014

298

2,111,220

Metals & Metal Products

1

Khorasan Steel Complex

Iran

2014

387

766,045

2

Aluminium Bahrain

Bahrain

2014

474

1,229,374

3

Esfahan Mobarakeh Steel

Iran

2014

498

3,190,419

4

Saudi Steel Pipe

Saudi Arabia

2014

522

236,226

5

Gulf Cable & Electrical Industries

Kuwait

2014

540

234,893

Post, Telecommunications & Technology

1

Check Point Software Technologies

Israel

2014

146

15,195,836

2

Informatics Services

Iran

2014

162

1,855,651

3

HumanSoft

Kuwait

2014

281

300,715

4

Oman Telecommunications

Oman

2014

309

3,098,611

5

Saudi Telecom

Saudi Arabia

2014

311

35,401,721

Primary Sector

1

Arab Potash

Jordan

2014

240

2,266,917

2

Chadormalu Mining & Industrial

Iran

2014

349

1,607,792

3

Isramco Negev 2

Israel

2014

360

2,043,535

4

Avner Oil Exploration

Israel

2014

416

1,804,905

5

Delek Drilling

Israel

2014

429

1,487,073

Transport

1

Saudi Ground Services

Saudi Arabia

2014

350

2,141,138

2

Qatar Navigation

Qatar

2014

354

2,994,823

3

Saudi Transport And Investment

Saudi Arabia

2015

379

261,881

4

Aramex

UAE

2014

389

1,275,644

5

Gulf Warehousing

Qatar

2014

461

740,478

Travel, Tourism & Hospitality

1

Gulf Hotel Group

Bahrain

2014

203

359,613

2

Kuwait National Cinema

Kuwait

2014

248

347,614

3

Dur Hospitality

Saudi Arabia

2014

287

671,182

4

National Corporation for Tourism and Hotels

UAE

2014

322

560,180

5

Abdulmohsen Al-Hokair Group For Tourism And Development

Saudi Arabia

2014

332

696,941

Wholesale & Retail Trade

1

Bahrain Duty Free Shop Complex

Bahrain

2015

200

291,960

2

Emaar Malls

UAE

2014

282

9,531,950

3

Jarir Marketing

Saudi Arabia

2015

316

3,209,194

4

Fitaihi Holding Group

Saudi Arabia

2014

317

227,327

5

BMMI Group

Bahrain

2014

371

330,539

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