First Milling Co (SAU:2283) EV-to-EBITDA: 9.20 (As of Sep. 11, 2026) — 20% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SAU:2283 First Milling Co SAU:2283
64 GF Score
Price ﷼51.55
GF Value ﷼73.85
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is First Milling Co EV-to-EBITDA?

First Milling Co SAU:2283 +0.88% 64 EV-to-EBITDA is 9.20 as of Sep. 11, 2026, which is 20% below its 10-year median of 11.49. GuruFocus rates SAU:2283 with a GF Score™ of 64/100 and a GF Value™ of ﷼73.85 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,660 Consumer Packaged Goods companies, First Milling Co ranks better than 50.24% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, First Milling Co's enterprise value is ﷼4,004 Mil. First Milling Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ﷼435 Mil. Therefore, First Milling Co's EV-to-EBITDA for today is 9.20.

The historical rank and industry rank for First Milling Co's EV-to-EBITDA or its related term are showing as below:

SAU:2283' s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.13   Med: 11.49   Max: 20.63
Current: 9.21

During the past 5 years, the highest EV-to-EBITDA of First Milling Co was 20.63. The lowest was 9.13. And the median was 11.49.

SAU:2283's EV-to-EBITDA is ranked better than
50.24% of 1660 companies
in the Consumer Packaged Goods industry
Industry Median: 9.245 vs SAU:2283: 9.21

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-11), First Milling Co's stock price is ﷼51.55. First Milling Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ﷼5.250. Therefore, First Milling Co's PE Ratio (TTM) for today is 9.82.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


First Milling Co  (SAU:2283) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

First Milling Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=51.55/5.250
=9.82

First Milling Co's share price for today is ﷼51.55.
First Milling Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼5.250.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


First Milling Co EV-to-EBITDA Related Terms


First Milling Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for First Milling Co's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Milling Co EV-to-EBITDA Chart

First Milling Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
0.00 0.00 14.65 11.22 9.38

First Milling Co Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.52 10.30 9.38 10.27 9.58

SAU:2283 vs KHC, GIS: EV-to-EBITDA Comparison

For the Packaged Foods subindustry, First Milling Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Milling Co EV-to-EBITDA vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, First Milling Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where First Milling Co's EV-to-EBITDA falls into.


SAU:2283
64GF Score
First Milling Co SAU:2283
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Milling Co EV-to-EBITDA Calculation

First Milling Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=4003.721/435.154
=9.20

First Milling Co's current Enterprise Value is ﷼4,004 Mil.
First Milling Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼435 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 9.20 mean?
First Milling Co (SAU:2283) has a EV-to-EBITDA of 9.20 as of Sep. 11, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on First Milling Co. This is 20% below median its historical median of 11.49. Over the past decade, First Milling Co's EV-to-EBITDA has ranged from 9.13 to 20.63. According to the industry distribution chart, First Milling Co ranks #826 out of 1660 companies in the Consumer Packaged Goods industry, placing it in the top 49.8%.
Is First Milling Co's EV-to-EBITDA too high?
First Milling Co's current EV-to-EBITDA of 9.20 is 20% below median its 10-year median of 11.49. Over the past 10 years, this metric has ranged from a low of 9.13 to a high of 20.63. The Consumer Packaged Goods industry median EV-to-EBITDA is 9.25. First Milling Co's value of 9.20 is 0.5% below this industry median. Based on the distribution chart, First Milling Co ranks #826 out of 1660 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, First Milling Co has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Milling Co's EV-to-EBITDA compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, First Milling Co ranks #826 out of 1660 companies for EV-to-EBITDA. This puts First Milling Co in the upper half of its industry. The industry median EV-to-EBITDA is 9.25. First Milling Co's value of 9.20 is 0.5% below this benchmark. Historically, First Milling Co's own EV-to-EBITDA has ranged from 9.13 to 20.63 over the past decade. While the company's 10-year median is 11.49 vs. the industry median of 9.25, First Milling Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Consumer Packaged Goods company?
The median EV-to-EBITDA among Consumer Packaged Goods companies is 9.25, based on 1,660 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Milling Co's current EV-to-EBITDA of 9.20 is 0.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on First Milling Co. For the Consumer Packaged Goods industry, the median EV-to-EBITDA is 9.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Milling Co's current EV-to-EBITDA is 9.20, which is 20% below median its own 10-year median of 11.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Milling Co stock overvalued right now?
Based on GuruFocus' analysis, First Milling Co (SAU:2283) is currently considered Significantly Undervalued. The stock's GF Value™ is ﷼73.85, compared to a current price of ﷼51.55 — trading 30.2% below its estimated fair value. The current EV-to-EBITDA is 9.20, which is 20% below median its 10-year median of 11.49 and 0.5% below the Consumer Packaged Goods industry median of 9.25. First Milling Co's overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For First Milling Co (SAU:2283), the current EV-to-EBITDA is 9.20 as of Sep. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Milling Co (SAU:2283) Overvalued in 2026?

Based on GuruFocus' analysis, First Milling Co stock appears to be undervalued. The current stock price of ﷼51.55 is trading 30.2% below its estimated GF Value™ of ﷼73.85. GuruFocus considers First Milling Co to be Significantly Undervalued.

Key valuation signals for SAU:2283:

  • EV-to-EBITDA: 9.20 (20% below median its 10-year median of 11.49)
  • GF Value™: ﷼73.85 vs. price of ﷼51.55 (30.2% below fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 0.5% below the Consumer Packaged Goods median (#826 of 1660)

No single metric tells the full story. See the SAU:2283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Milling Co Business Description

Address Jeddah Islamic Port, between gates 7 and 8, PO Box: 16165, Jeddah, SAU, 22312
First Milling Co is principally engaged in flour production and related wheat products, feed and bran within the Kingdom of Saudi Arabia. It serves various business clients, including factories, commercial bakeries, restaurants, and catering companies, as well as other clients such as wholesalers, modern and traditional traders, farmers, feed distributors, and retailers. The company operates in four regions in the Kingdom of Saudi Arabia, which are its reportable segments, namely Jeddah, Qassim, Tabuk and Al Ahsa. The majority of revenue is derived from the production of flour, feed and bran in Jeddah.
64GF Score

Get the complete analysis for SAU:2283

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

﷼51.55
Price
﷼73.85
GF Value