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Stock Screener·Saudi Arabia·Consumer Cyclical·2283.SR
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The First Milling Company Stocks

SAR 51.55Last Updated 10.09.2026

Issuer Rating

6/7
Performance

Strong

Risk

Limited

Recommendation

Buy

Market Cap

SAR 761.03M

SAR 51.55
Key Takeaways

Risk factor

Limited trading liquidity

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Data is available to registered users only

Profitability factor

Very strong margins and returns

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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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

Fairly valued
4/7

From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is underpriced on P/E, of fair value on EV

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Target Price

Favourable
6/7

The average target price of 2283.SR is 62.3 and suggests 20.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
    Data is available to registered users only
Sign up to access detailed risk analysis

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