Risk factor
Poor trading liquidity
Profitability factor
Very strong margins and returns
About
Operating within the Kingdom of Saudi Arabia, First Milling Company manufactures and distributes a comprehensive range of flour and associated products. Its diverse flour selection includes premium grades ideal for confectionery and specialized baking, bakery flour suitable for both traditional Arabic and various Western breads, whole wheat flour for healthier options, superior wheat flour for traditional meals, and specific varieties tailored for pastries and pizza. Beyond flour, the company also supplies an extensive range of animal feed products, such as livestock fattener, and feeds for lambs, horses, pigeons, and dairy cattle. Additionally, First Milling processes wheat into derivative products, primarily bran for animal consumption, alongside edible bran offerings. These offerings are marketed under the brand names Aloula, Naffa'a, and First Mills. Serving a broad clientele, First Milling caters to industrial entities, bakeries, restaurants, catering services, wholesalers, both modern and traditional trade channels, farms, feed distributors, and individual retail customers. Established in 1972, the company maintains its headquarters in Jeddah, Saudi Arabia.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is 'cheap' on P/E, neutral on EV/EBITDA, reasona
Target Price
The average target price of 2283.SR is 64 and suggests 23% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre