Modern Mills Co (SAU:2284) Piotroski F-Score: 7 (As of Jul. 17, 2026) — Near Median

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SAU:2284 Modern Mills Co SAU:2284
20 GF Score
Price ﷼28.64
! 3 Warning Signs
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What is Modern Mills Co Piotroski F-Score?

Modern Mills Co SAU:2284 -0.56% 20 Piotroski F-Score is 7 as of Jul. 17, 2026, which is at its 10-year median of 7.00. GuruFocus rates SAU:2284 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 1,915 Consumer Packaged Goods companies, Modern Mills Co ranks better than 88.41% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Modern Mills Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Modern Mills Co's Piotroski F-Score or its related term are showing as below:

SAU:2284' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 7

During the past 4 years, the highest Piotroski F-Score of Modern Mills Co was 8. The lowest was 4. And the median was 7.

Modern Mills Co  (SAU:2284) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Modern Mills Co Piotroski F-Score Related Terms


Modern Mills Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Modern Mills Co's Piotroski F-Score 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.

Modern Mills Co Piotroski F-Score Chart

Modern Mills Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 8.00 4.00

Modern Mills Co Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A 4.00 7.00

SAU:2284 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Modern Mills Co's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Modern Mills Co Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Mills Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Modern Mills Co's Piotroski F-Score falls into.


SAU:2284
20GF Score
Modern Mills Co SAU:2284
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 49.668 + 56.136 + 52.336 + 65.899 = ﷼224 Mil.
Cash Flow from Operations was 47.482 + 61.284 + 70.322 + 81.659 = ﷼261 Mil.
Revenue was 240.525 + 254.44 + 291.769 + 281.232 = ﷼1,068 Mil.
Gross Profit was 82.908 + 93.665 + 117.604 + 108.67 = ﷼403 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1252.652 + 1219.65 + 1245.951 + 1274.451 + 1319.438) / 5 = ﷼1262.4284 Mil.
Total Assets at the begining of this year (Mar25) was ﷼1,253 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼695 Mil.
Total Current Assets was ﷼227 Mil.
Total Current Liabilities was ﷼306 Mil.
Net Income was 44.509 + 48.397 + 50.781 + 65.645 = ﷼209 Mil.

Revenue was 222.987 + 252.347 + 281.843 + 264.218 = ﷼1,021 Mil.
Gross Profit was 81.386 + 94.215 + 113.326 + 101.291 = ﷼390 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1222.55 + 1250.278 + 1223.217 + 1303.567 + 1252.652) / 5 = ﷼1250.4528 Mil.
Total Assets at the begining of last year (Mar24) was ﷼1,223 Mil.
Long-Term Debt & Capital Lease Obligation was ﷼726 Mil.
Total Current Assets was ﷼247 Mil.
Total Current Liabilities was ﷼191 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Modern Mills Co's current Net Income (TTM) was 224. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Modern Mills Co's current Cash Flow from Operations (TTM) was 261. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=224.039/1252.652
=0.17885175

ROA (Last Year)=Net Income/Total Assets (Mar24)
=209.332/1222.55
=0.17122572

Modern Mills Co's return on assets of this year was 0.17885175. Modern Mills Co's return on assets of last year was 0.17122572. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Modern Mills Co's current Net Income (TTM) was 224. Modern Mills Co's current Cash Flow from Operations (TTM) was 261. ==> 261 > 224 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=695.122/1262.4284
=0.55062291

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=726.243/1250.4528
=0.58078402

Modern Mills Co's gearing of this year was 0.55062291. Modern Mills Co's gearing of last year was 0.58078402. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=227.259/306.459
=0.74156412

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=246.697/190.844
=1.29266312

Modern Mills Co's current ratio of this year was 0.74156412. Modern Mills Co's current ratio of last year was 1.29266312. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Modern Mills Co's number of shares in issue this year was 81.014. Modern Mills Co's number of shares in issue last year was 81.014. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=402.847/1067.966
=0.37720957

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=390.218/1021.395
=0.38204417

Modern Mills Co's gross margin of this year was 0.37720957. Modern Mills Co's gross margin of last year was 0.38204417. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=1067.966/1252.652
=0.852564

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1021.395/1222.55
=0.83546276

Modern Mills Co's asset turnover of this year was 0.852564. Modern Mills Co's asset turnover of last year was 0.83546276. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+0+1+0+1
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Modern Mills Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Modern Mills Co (SAU:2284) has a Piotroski F-Score of 7 as of Jul. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Modern Mills Co and its competitors. This is near median its historical median of 7.00. Over the past decade, Modern Mills Co's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Modern Mills Co ranks #222 out of 1915 companies in the Consumer Packaged Goods industry, placing it in the top 11.6%.
Is Modern Mills Co's Piotroski F-Score too high?
Modern Mills Co's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Modern Mills Co's value of 7 is 40% above this industry median. Based on the distribution chart, Modern Mills Co ranks #222 out of 1915 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Modern Mills Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Modern Mills Co's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Modern Mills Co ranks #222 out of 1915 companies for Piotroski F-Score. This places Modern Mills Co in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Modern Mills Co's value of 7 is 40% above this benchmark. Historically, Modern Mills Co's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Modern Mills Co has consistently been above 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 Piotroski F-Score for a Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,915 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Modern Mills Co's current Piotroski F-Score of 7 is 40% above 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Modern Mills Co and its competitors. For the Consumer Packaged Goods industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Mills Co's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Mills Co stock overvalued right now?
Modern Mills Co (SAU:2284) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Consumer Packaged Goods industry median of 5.00. Modern Mills Co's overall GF Score™ is 20/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Modern Mills Co (SAU:2284), the current Piotroski F-Score is 7 as of Jul. 17, 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.

Modern Mills Co Business Description

Address Mohammed Altaib Altunisi Street, Alkhalidiah District, Jeddah, SAU, 23421
Modern Mills Co is a company whose licensed activities include flour production in Saudi Arabia and all activities related to the provision of wheat products, animal feed, and related products, including making any contracts or any related arrangements. The company operates in three regions in the Kingdom of Saudi Arabia which are also their reportable segments that include Khamis Mushait, Al Jumum, and Al Jowf. The majority of its revenue is generated from the Khamis Mushait, involves Production of flour and feed. Al Jumum, and Al Jowf involves Production of flour and bran.
20GF Score

Get the complete analysis for SAU:2284

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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