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Modern Mills CoSAU:2284 -0.22%19 Graham Number is ﷼16.57 as of Jun. 2026. GuruFocus rates SAU:2284 with a GF Score™ of 19/100. The stock has 5 warning signs investors should review. Among 1,390 Consumer Packaged Goods companies, Modern Mills Co ranks worse than 70.22% on this metric.
Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.
As of today (2026-09-12), the stock price of Modern Mills Co is ﷼27.74. Modern Mills Co's graham number for the quarter that ended in Jun. 2026 was ﷼16.57. Therefore, Modern Mills Co's Price to Graham Number ratio for today is 1.67.
The historical rank and industry rank for Modern Mills Co's Graham Number or its related term are showing as below:
SAU:2284'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.67 Med: 2.48 Max: 4.47
Current: 1.67
During the past 4 years, the highest Price to Graham Number ratio of Modern Mills Co was 4.47. The lowest was 1.67. And the median was 2.48.
SAU:2284's Price-to-Graham-Number is ranked worse than 70.22% of 1390
companies
in the Consumer Packaged Goods industry
Industry Median: 1.14
vs SAU:2284: 1.67
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Modern Mills Co (SAU:2284) Graham Number Explanation
Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:
Current price should not be more than 15 times average earnings of the past three years.
Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)
Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.
In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.
Modern Mills Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
27.74
/
16.57
=
1.67
* 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.
Be Aware
Please keep these in mind:
1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.
Modern Mills Co Graham Number Related Terms
Modern Mills Co Graham Number Historical Data
* Premium members only.
The historical data trend for Modern Mills Co's Graham Number 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.
For the Packaged Foods subindustry, Modern Mills Co's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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 Price-to-Graham-Number vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Mills Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Modern Mills Co's Price-to-Graham-Number falls into.
* 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 (SAU:2284) has a Graham Number of ﷼16.57 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Modern Mills Co and its competitors. According to the industry distribution chart, Modern Mills Co ranks #976 out of 1390 companies in the Consumer Packaged Goods industry, placing it in the top 70.2%.
Is Modern Mills Co's Graham Number too high?
Modern Mills Co's current Graham Number is ﷼16.57. Based on the distribution chart, Modern Mills Co ranks #976 out of 1390 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Modern Mills Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Modern Mills Co's Graham Number compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Modern Mills Co ranks #976 out of 1390 companies for Graham Number. This places Modern Mills Co in the lower half of its industry. The industry median Graham Number is 1.14. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Consumer Packaged Goods company?
The median Graham Number among Consumer Packaged Goods companies is 1.14, based on 1,390 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number 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 Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Modern Mills Co and its competitors. For the Consumer Packaged Goods industry, the median Graham Number is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Mills Co's current Graham Number is ﷼16.57. 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 Graham Number of ﷼16.57. The current Graham Number is ﷼16.57. Modern Mills Co's overall GF Score™ is 19/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Modern Mills Co (SAU:2284), the current Graham Number is ﷼16.57 as of Jun. 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 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.
19GF Score
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