Gulf Medical Projects Company PJSC And 2 Undiscovered Gems To Enhance Your Portfolio

Simply Wall St

Thu, February 19, 2026 at 12:33 PM GMT+9 4 min read

In this article:

GMPC.AB

WAHA

4146

GMPC

AWNIC.AB

As Gulf markets experience an upswing, buoyed by promising developments in U.S.-Iran negotiations and rising crude prices, investors are increasingly eyeing opportunities within the region’s dynamic landscape. In this environment, identifying stocks that demonstrate resilience and potential for growth becomes crucial for enhancing a diversified portfolio.

Top 10 Undiscovered Gems With Strong Fundamentals In The Middle East

Click here to see the full list of 195 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener.

Here’s a peek at a few of the choices from the screener.

Gulf Medical Projects Company (PJSC)

Simply Wall St Value Rating: ★★★★★★

Overview: Gulf Medical Projects Company (PJSC) operates hospitals in the United Arab Emirates and has a market capitalization of AED1.53 billion.

Operations: GMPC generates revenue primarily from its hospital management operations in the United Arab Emirates. The company reported a market capitalization of AED1.53 billion, reflecting its significant presence in the healthcare sector.

Gulf Medical Projects Company (GMPC) is carving a niche with its robust earnings growth of 39.3% over the past year, outpacing the healthcare industry average of 4.2%. This debt-free entity has seen its net income rise to AED108.51 million from AED77.89 million last year, while sales climbed to AED767.52 million. A one-off gain of AED26.2 million influenced recent results, and GMPC trades at a significant discount, 63.6% below estimated fair value, suggesting potential upside for investors seeking undervalued opportunities in the Middle East’s healthcare sector.

Click to explore a detailed breakdown of our findings in Gulf Medical Projects Company (PJSC)'s health report.

Evaluate Gulf Medical Projects Company (PJSC)'s historical performance by accessing our past performance report.

ADX:GMPC Debt to Equity as at Feb 2026

Al Waha Capital PJSC

Simply Wall St Value Rating: ★★★★★☆

Overview: Al Waha Capital PJSC, previously Oasis International Leasing Company P.J.S.C, is a private equity firm specializing in emerging markets or growth investments with a market capitalization of AED4.01 billion.

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Operations: Revenue streams for Al Waha Capital PJSC include investments in emerging markets and growth sectors. The company’s financial performance is characterized by its focus on private equity, with a market capitalization of AED4.01 billion.

Al Waha Capital, a financial services firm in the Middle East, showcases impressive figures with its earnings growth of 165.6% over the past year, outpacing the industry average of 14.6%. The company boasts a robust net debt to equity ratio at just 0.9%, reflecting prudent financial management as it reduced from 101.5% over five years. With interest payments well-covered by EBIT at 7.8 times, Al Waha demonstrates strong operational health. Recent results highlight substantial growth in revenue to AED 1,897 million and net income reaching AED 1,012 million for the full year ending December 2025, indicating solid profitability and strategic positioning within its sector.

Delve into the full analysis health report here for a deeper understanding of Al Waha Capital PJSC.

Explore historical data to track Al Waha Capital PJSC's performance over time in our Past section.

ADX:WAHA Debt to Equity as at Feb 2026

Gas Arabian Services

Simply Wall St Value Rating: ★★★★★★

Overview: Gas Arabian Services Company operates in the automation, instrumentation, field services, mechanical, and piping sectors in Saudi Arabia with a market cap of SAR2.21 billion.

Operations: The company’s primary revenue streams come from Technical Services (SAR793.69 million), Trading (SAR521.52 million), and Manufacturing (SAR39.08 million).

Gas Arabian Services, a smaller player in the Middle East energy sector, has been making waves with its robust financial performance. The company is debt-free, a significant shift from five years ago when its debt to equity ratio was 12.3%. Over the past year, earnings have surged by 35.8%, outpacing the Trade Distributors industry average of 6.2%. Recently, Gas Arabian secured a substantial contract with Saudi Aramco for gas platforms that exceeds 10% of their total revenues in 2024. This deal could bolster their forecasted earnings growth of 15.16% annually and enhance their market position further.

Take a closer look at Gas Arabian Services' potential here in our health report.

Review our historical performance report to gain insights into Gas Arabian Services''s past performance.

SASE:4146 Earnings and Revenue Growth as at Feb 2026

Seize The Opportunity

Gain an insight into the universe of 195 Middle Eastern Undiscovered Gems With Strong Fundamentals by clicking here.

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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._

Companies discussed in this article include ADX:GMPC ADX:WAHA and SASE:4146.

Have feedback on this article? Concerned about the content? Get in touch with us directly._ Alternatively, email editorial-team@simplywallst.com_

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