Global Finance releases its 2017 ranking of the Best-Performing Companies In The Middle East. There are some interesting changes at the top of the list, with Israel gaining position while oil-producing countries struggle with low oil prices.
METHODOLOGY
The Middle East Best-Performing Companies ranking highlights the companies with the best performance among publicly traded nonfinancial companies in the Middle East. We include in our analysis the top 250 companies in the region, based on market capitalization. Performance is determined by looking at their return on assets, profit margin, solvency ratio and price/earnings ratio. We then assign a rank from 1 to 250 on each indicator—the lower the number, the higher the rank. The countries covered by the ranking include Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, the Palestinian territory, Qatar, Saudi Arabia, Syrian Arab Republic, United Arab Emirates and Yemen. Data is accurate as of March 31, 2016.
MIDDLE EAST – TOP 25 BEST-PERFORMING COMPANIES
|
RANK |
COMPANY |
COUNTRY |
RETURN ON ASSETS % |
PROFIT MARGIN % |
PRICE / EARNINGS RATIO |
SOLVENCY RATIO % |
MARKET CAPITALIZATION ($US 000,000) |
|---|---|---|---|---|---|---|---|
|
1 |
Saudi Arabian Fertilizer |
Saudi Arabia |
23.64 |
61.30 |
13.99 |
84.29 |
7,859 |
|
2 |
Check Point Software Technologies |
Israel |
13.53 |
53.61 |
25.45 |
69.66 |
16,487 |
|
3 |
Qassim Cement |
Saudi Arabia |
20.05 |
50.50 |
13.21 |
87.91 |
1,403 |
|
4 |
Makkah Construction & Development |
Saudi Arabia |
4.60 |
80.06 |
48.37 |
96.48 |
3,990 |
|
5 |
FMS Enterprises Migun |
Israel |
34.70 |
33.15 |
14.40 |
79.85 |
277 |
|
6 |
Taro Pharmaceutical Industries |
Israel |
24.72 |
66.98 |
9.40 |
88.53 |
4,964 |
|
7 |
Saudi Ground Services |
Saudi Arabia |
19.11 |
25.21 |
15.95 |
83.21 |
2,532 |
|
8 |
Jordanian Duty Free Shops |
Jordan |
31.43 |
29.69 |
10.88 |
92.52 |
265 |
|
9 |
Informatics Services |
Iran |
28.85 |
64.03 |
8.78 |
86.17 |
1,644 |
|
10 |
Humansoft |
Kuwait |
24.97 |
41.80 |
21.15 |
54.47 |
1,203 |
|
11 |
Bahrain Duty Free Shop Complex |
Bahrain |
16.41 |
29.03 |
12.28 |
88.45 |
288 |
|
12 |
Medicare Group |
Qatar |
13.96 |
29.62 |
13.42 |
84.82 |
622 |
|
13 |
Ituran Location & Control |
Israel |
17.59 |
23.66 |
25.62 |
61.84 |
676 |
|
14 |
Yanbu Cement |
Saudi Arabia |
13.29 |
42.57 |
10.85 |
88.36 |
1,549 |
|
15 |
Mouwasat Medical Services |
Saudi Arabia |
11.16 |
23.73 |
32.63 |
64.35 |
1,866 |
|
16 |
City Cement |
Saudi Arabia |
10.95 |
45.33 |
10.40 |
92.29 |
665,819 |
|
17 |
Klil Industries |
Israel |
13.78 |
16.16 |
22.04 |
73.84 |
249 |
|
18 |
Silicom |
Israel |
11.80 |
21.47 |
16.77 |
80.60 |
282 |
|
19 |
CyberArk Software |
Israel |
7.71 |
19.74 |
62.19 |
73.76 |
1,733 |
|
20 |
Arab Potash |
Jordan |
12.87 |
30.76 |
10.87 |
87.59 |
2,054 |
|
21 |
Southern Province Cement |
Saudi Arabia |
23.61 |
51.92 |
9.46 |
73.38 |
2,594 |
|
22 |
Al Hammadi Development And Investment |
Saudi Arabia |
7.30 |
26.63 |
30.65 |
71.60 |
1,115 |
|
23 |
Saudi Cement |
Saudi Arabia |
20.83 |
49.61 |
10.06 |
72.13 |
2,508 |
|
24 |
Saudi Airlines Catering |
Saudi Arabia |
37.79 |
30.90 |
10.50 |
71.32 |
1,972 |
|
25 |
Gulf Hotel Group |
Bahrain |
11.15 |
27.78 |
11.61 |
87.53 |
332 |
BEST-PERFORMING COMPANIES BY SECTOR
|
RANK |
COMPANY |
COUNTRY |
LATEST |
TOTAL SCORE |
MARKET CAPITALIZATION |
|---|---|---|---|---|---|
|
CHEMICALS, RUBBER, PLASTICS, NON-METALLIC PRODUCTS |
|||||
|
1 |
Saudi Arabian Fertilizer |
Saudi Arabia |
2015 |
157 |
7,859,166 |
|
2 |
Qassim Cement |
Saudi Arabia |
2016 |
173 |
1,403,653 |
|
3 |
Taro Pharmaceutical Industries |
Israel |
2015 |
195 |
4,964,483 |
|
4 |
Yanbu Cement |
Saudi Arabia |
2016 |
225 |
1,549,417 |
|
5 |
City Cement |
Saudi Arabia |
2015 |
242 |
665,819 |
|
CONSTRUCTION & REAL ESTATE |
|||||
|
1 |
Makkah Construction & Development |
Saudi Arabia |
2016 |
176 |
3,990,203 |
|
2 |
Sakhit Ajand |
Iran |
2016 |
294 |
409,243 |
|
3 |
Arriyadh Development |
Saudi Arabia |
2016 |
346 |
755,369 |
|
4 |
Emaar Properties |
UAE |
2015 |
440 |
14,776,025 |
|
5 |
National Marine Dredging |
UAE |
2015 |
579 |
340,331 |
|
EDUCATION & HEALTH |
|||||
|
1 |
Humansoft |
Kuwait |
2015 |
215 |
1,203,724 |
|
2 |
Medicare Group |
Qatar |
2015 |
224 |
622,195 |
|
3 |
Mouwasat Medical Services |
Saudi Arabia |
2015 |
233 |
1,866,472 |
|
4 |
Al Hammadi Company For Development And Investment |
Saudi Arabia |
2015 |
253 |
1,115,564 |
|
5 |
Dallah Healthcare |
Saudi Arabia |
2015 |
275 |
1,597,167 |
|
FOOD, BEVERAGES & TOBACCO |
|||||
|
1 |
Saudia Dairy & Foodstuff |
Saudi Arabia |
2015 |
274 |
1,090,777 |
|
2 |
A’Saffa Foods |
Oman |
2015 |
274 |
249,353 |
|
3 |
Herfy Food Services |
Saudi Arabia |
2015 |
283 |
1,006,911 |
|
4 |
Oman Flour Mills |
Oman |
2016 |
331 |
335,458 |
|
5 |
Kerur Holdings |
Israel |
2015 |
353 |
361,820 |
|
GAS, WATER & ELECTRICITY |
|||||
|
1 |
National Gas & Industrialization |
Saudi Arabia |
2015 |
355 |
727,220 |
|
2 |
Dana Gas |
UAE |
2015 |
463 |
854,769 |
|
3 |
Acwa Power Barka |
Oman |
2015 |
567 |
299,224 |
|
4 |
Al Suwadi Power |
Oman |
2015 |
589 |
361,846 |
|
5 |
Al Batinah Power |
Oman |
2015 |
595 |
341,830 |
|
MACHINERY, EQUIPMENT, FURNITURE & RECYCLING |
|||||
|
1 |
FMS Enterprises Migun |
Israel |
2015 |
182 |
277,433 |
|
2 |
Caesarstone |
Israel |
2015 |
262 |
1,191,190 |
|
3 |
Maytronics |
Israel |
2015 |
284 |
394,416 |
|
4 |
Mellanox Technologies |
Israel |
2015 |
288 |
2,384,096 |
|
5 |
United Wire Factories |
Saudi Arabia |
2015 |
315 |
280,731 |
|
METALS & METAL PRODUCTS |
|||||
|
1 |
Klil Industries |
Israel |
2015 |
244 |
249,250 |
|
2 |
Al Yamamah Steel Industries |
Saudi Arabia |
2016 |
410 |
392,079 |
|
3 |
Oman Cables Industry |
Oman |
2015 |
500 |
375,113 |
|
4 |
Saudi Steel Pipe |
Saudi Arabia |
2015 |
527 |
242,020 |
|
5 |
Aluminium Bahrain |
Bahrain |
2015 |
543 |
1,085,205 |
|
POST, TELECOMMUNICATIONS & TECHNOLOGY |
|||||
|
1 |
Check Point Software Technologies |
Israel |
2015 |
162 |
16,487,976 |
|
2 |
Informatics Services |
Iran |
2015 |
206 |
1,644,281 |
|
3 |
Ituran Location & Control |
Israel |
2015 |
224 |
676,109 |
|
4 |
Silicom |
Israel |
2015 |
247 |
282,811 |
|
5 |
CyberArk Software |
Israel |
2015 |
247 |
1,733,512 |
|
PRIMARY SECTOR |
|||||
|
1 |
Arab Potash |
Jordan |
2015 |
253 |
2,054,963 |
|
2 |
Al-Jouf Agriculture Development |
Saudi Arabia |
2015 |
290 |
267,614 |
|
3 |
Isramco Negev 2 |
Israel |
2015 |
345 |
2,201,264 |
|
4 |
Avner Oil Exploration |
Israel |
2015 |
394 |
2,133,531 |
|
5 |
Delek Drilling |
Israel |
2015 |
406 |
1,886,714 |
|
TRANSPORT |
|||||
|
1 |
Saudi Ground Services |
Saudi Arabia |
2015 |
196 |
2,532,109 |
|
2 |
Saudi Airlines Catering |
Saudi Arabia |
2015 |
260 |
1,972,978 |
|
3 |
Jazeera Airways |
Kuwait |
2015 |
334 |
386,611 |
|
4 |
Aramex |
UAE |
2015 |
365 |
1,917,375 |
|
5 |
Qatar Navigation |
Qatar |
2015 |
435 |
2,764,608 |
|
TRAVEL, TOURISM & HOSPITALITY |
|||||
|
1 |
Gulf Hotels Group |
Bahrain |
2015 |
261 |
332,558 |
|
2 |
Kuwait National Cinema |
Kuwait |
2015 |
286 |
456,257 |
|
3 |
Dur Hospitality |
Saudi Arabia |
2016 |
324 |
613,182 |
|
4 |
Abdulmohsen Al-Hokair Group |
Saudi Arabia |
2015 |
442 |
472,883 |
|
5 |
Dan Hotels |
Israel |
2015 |
453 |
554,754 |
|
WHOLESALE & RETAIL TRADE |
|||||
|
1 |
Jordanian Duty Free Shops |
Jordan |
2015 |
198 |
265,738 |
|
2 |
Bahrain Duty Free Shop Complex |
Bahrain |
2015 |
218 |
288,295 |
|
3 |
Emaar Malls |
UAE |
2015 |
277 |
9,389,834 |
|
4 |
Jarir Marketing |
Saudi Arabia |
2015 |
329 |
3,093,075 |
|
5 |
Al Meera Consumer Goods |
Qatar |
2015 |
376 |
2,278,893 |
|
Data Source: Orbis by Bureau Van Dijk |
|||||
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