ANGH

Company Overview — What Does Anghami Inc Do?

Anghami Inc. operates a digital music entertainment technology platform in the Middle East and North Africa. It offers a music application and platform that provides Arabic and international music to stream and download. The company was founded in 2012 and is based in Abu Dhabi, the United Arab Emirates. Anghami Inc (ANGH) is classified as a micro-cap stock in the Communication Services sector, specifically within the Communication industry. The company is led by CEO F. Jacob Cherian and employs approximately 170 people. With a market capitalization of $30M, ANGH is one of the notable companies in the Communication Services sector.

Anghami Inc (ANGH) Stock Rating — Reduce (April 2026)

As of April 2026, Anghami Inc receives a Reduce rating with a composite score of 29.4/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.ANGH ranks #2,314 out of 4,446 stocks in our coverage universe. Within the Communication Services sector, Anghami Inc ranks #71 of 134 stocks, placing it in the lower half of its Communication Services peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

ANGH Stock Price and 52-Week Range

Anghami Inc (ANGH) currently trades at $3.84. The 52-week high for ANGH is $5.27, which means the stock is currently trading -27.1% from its annual peak. The 52-week low is $0.25, putting the stock 1417.8% above its annual trough. Recent trading volume was 0 shares, suggesting relatively thin trading activity.

Is ANGH Overvalued or Undervalued? — Valuation Analysis

Anghami Inc (ANGH) carries a value factor score of 1/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 0.55x, versus the sector average of 1.87x. The price-to-sales ratio is 0.10x, compared to 0.55x for the average Communication Services stock.

At current multiples, Anghami Inc trades at a premium to most Communication Services peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

Anghami Inc Profitability — ROE, Margins, and Quality Score

Anghami Inc (ANGH) earns a quality factor score of 21/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -841.8%, compared to the Communication Services sector average of 1.0%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -406.1% versus the sector average of -0.0%.

On a margin basis, Anghami Inc reports gross margins of -30.6%, compared to 56.4% for the sector. The operating margin is -158.9% (sector: 0.4%). Net profit margin stands at -160.2%, versus -0.9% for the average Communication Services stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

ANGH Debt, Balance Sheet, and Financial Health

Anghami Inc has a debt-to-equity ratio of 0.0%, compared to the Communication Services sector average of 82.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $213,218.

ANGH has a beta of 4.81, meaning it is more volatile than the broader market — a $10,000 investment in ANGH would be expected to move 381.3% more than the S&P 500 on any given day. The stability factor score for Anghami Inc is 9/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

Anghami Inc Revenue and Earnings History — Quarterly Trend

In TTM 2026, Anghami Inc reported revenue of $79M. Net income for the quarter was $-126M. Gross margin was -30.6%. Operating income came in at $-125M.

In FY 2024, Anghami Inc reported revenue of $79M. Net income for the quarter was $-126M. Gross margin was -30.6%. Revenue grew 90.0% year-over-year compared to FY 2023. Operating income came in at $-125M.

In FY 2023, Anghami Inc reported revenue of $41M and earnings per share (EPS) of $-0.60. Net income for the quarter was $-16M. Gross margin was 24.9%. Revenue grew -21.7% year-over-year compared to FY 2022. Operating income came in at $-15M.

In FY 2022, Anghami Inc reported revenue of $53M. Net income for the quarter was $-79M. Gross margin was 19.3%. Revenue grew 38.3% year-over-year compared to FY 2021. Operating income came in at $-35M.

Over the past 6 quarters, Anghami Inc has demonstrated a growth trajectory, with revenue expanding from $31M to $79M. Investors analyzing ANGH stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

ANGH Dividend Yield and Income Analysis

Anghami Inc (ANGH) does not currently pay a dividend. This is common among smaller companies in the Communication industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Communication Services dividend stocks may want to explore other Communication Services stocks or use the stock screener to filter by dividend yield.

ANGH Momentum and Technical Analysis Profile

Anghami Inc (ANGH) has a momentum factor score of 82/100, indicating strong price momentum with the stock outperforming the majority of the market over recent periods. Stocks with high momentum scores have historically tended to continue their outperformance in the near term. The investment factor score is 11/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 4/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

ANGH vs Competitors — Communication Services Sector Ranking and Peer Comparison

Within the Communication Services sector, Anghami Inc (ANGH) ranks #71 out of 134 stocks based on the Blank Capital composite score. This places ANGH in the lower half of all Communication Services stocks in our coverage universe. Key competitors and sector peers include MILLICOM INTERNATIONAL CELLULAR SA (TIGO) with a score of 61.6/100, TEGNA INC (TGNA) with a score of 49.6/100, VERIZON COMMUNICATIONS INC (VZ) with a score of 54.2/100, DELUXE CORP (DLX) with a score of 53.8/100, and NEW YORK TIMES CO (NYT) with a score of 53.2/100.

Comparing ANGH against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full ANGH vs S&P 500 (SPY) comparison to assess how Anghami Inc stacks up against the broader market across all factor dimensions.

ANGH Next Earnings Date

No upcoming earnings date has been announced for Anghami Inc (ANGH) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy ANGH? — Investment Thesis Summary

The quantitative profile for Anghami Inc suggests caution. The quality score of 21/100 flags below-average profitability. The value score of 1/100 indicates premium valuation. Price momentum is positive at 82/100, suggesting the trend favors buyers. High volatility (stability score 9/100) increases portfolio risk.

In summary, Anghami Inc (ANGH) earns a Reduce rating with a composite score of 29.4/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on ANGH stock.

Related Resources for ANGH Investors

Explore more research and tools: ANGH vs S&P 500 comparison, top Communication Services stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare ANGH head-to-head with peers: ANGH vs TIGO, ANGH vs TGNA, ANGH vs VZ.