First Milling Co (SAU:2283) Goodwill: ﷼1,139 Mil (As of Mar. 2026)

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SAU:2283 First Milling Co SAU:2283
62 GF Score
Price ﷼52.00
GF Value ﷼73.68
Valuation Modestly Undervalued
! 4 Warning Signs
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What is First Milling Co Goodwill?

First Milling Co SAU:2283 -1.70% 62 Goodwill is ﷼1,139 Mil as of Mar. 2026. GuruFocus rates SAU:2283 with a GF Score™ of 62/100 and a GF Value™ of ﷼73.68 (Modestly Undervalued). The stock has 4 warning signs investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. First Milling Co's goodwill for the quarter that ended in Mar. 2026 was ﷼1,139 Mil.


First Milling Co  (SAU:2283) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

First Milling Co's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (A: Dec. 2025 )=Goodwill/Total Assets
=1138.695/2598.937
=0.44

First Milling Co's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=1138.695/2720.012
=0.42

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


First Milling Co Goodwill Related Terms


First Milling Co Goodwill Historical Data

* Premium members only.

The historical data trend for First Milling Co's Goodwill 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 Goodwill Chart

First Milling Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
0.00 1,090.67 1,090.67 1,090.67 1,138.70

First Milling Co Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill 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 1,090.67 1,090.67 1,107.63 1,138.70 1,138.70
SAU:2283
62GF Score
First Milling Co SAU:2283
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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First Milling Co Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of ﷼1,139 Mil mean?
First Milling Co (SAU:2283) has a Goodwill of ﷼1,139 Mil as of Mar. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on First Milling Co and its competitors.
Is First Milling Co's Goodwill too high?
First Milling Co's current Goodwill is ﷼1,139 Mil. Overall, First Milling Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Milling Co's Goodwill compare to KHC and GIS?
First Milling Co's Goodwill of ﷼1,139 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for a Consumer Packaged Goods company?
A good Goodwill depends on the Consumer Packaged Goods industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on First Milling Co and its competitors. First Milling Co's current Goodwill is ﷼1,139 Mil. 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 Modestly Undervalued. The stock's GF Value™ is ﷼73.68, compared to a current price of ﷼52.00 — trading 29.4% below its estimated fair value. The current Goodwill is ﷼1,139 Mil. First Milling Co's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For First Milling Co (SAU:2283), the current Goodwill is ﷼1,139 Mil as of Mar. 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 ﷼52.00 is trading 29.4% below its estimated GF Value™ of ﷼73.68. GuruFocus considers First Milling Co to be Modestly Undervalued.

Key valuation signals for SAU:2283:

  • Goodwill: ﷼1,139 Mil
  • GF Value™: ﷼73.68 vs. price of ﷼52.00 (29.4% below fair value)
  • GF Score™: 62/100 with 4 warning signs

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.
62GF Score

Get the complete analysis for SAU:2283

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

﷼52.00
Price
﷼73.68
GF Value