First Milling Co (SAU:2283) Interest Coverage: 6.83 (As of Mar. 2026) — 37% Above Median

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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 Interest Coverage?

First Milling Co SAU:2283 -1.70% 62 Interest Coverage is 6.83 as of Mar. 2026, which is 37% above its 10-year median of 4.98. 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. Among 1,514 Consumer Packaged Goods companies, First Milling Co ranks worse than 61.43% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. First Milling Co's Operating Income for the three months ended in Mar. 2026 was ﷼100 Mil. First Milling Co's Interest Expense for the three months ended in Mar. 2026 was ﷼-15 Mil. First Milling Co's interest coverage for the quarter that ended in Mar. 2026 was 6.83. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for First Milling Co's Interest Coverage or its related term are showing as below:

SAU:2283' s Interest Coverage Range Over the Past 10 Years
Min: 3.17   Med: 4.98   Max: 18.6
Current: 5.31


SAU:2283's Interest Coverage is ranked worse than
61.43% of 1514 companies
in the Consumer Packaged Goods industry
Industry Median: 8.64 vs SAU:2283: 5.31

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


First Milling Co  (SAU:2283) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


First Milling Co Interest Coverage Related Terms


First Milling Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for First Milling Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

First Milling Co Interest Coverage Chart

First Milling Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
18.60 7.86 3.17 3.56 4.98

First Milling Co Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 5.26 3.85 4.78 6.13 6.83

SAU:2283 vs KHC, GIS: Interest Coverage Comparison

For the Packaged Foods subindustry, First Milling Co's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, First Milling Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where First Milling Co's Interest Coverage falls into.


SAU:2283
62GF Score
First Milling Co SAU:2283
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Milling Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

First Milling Co's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, First Milling Co's Interest Expense was ﷼-68 Mil. Its Operating Income was ﷼340 Mil. And its Long-Term Debt & Capital Lease Obligation was ﷼1,080 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*339.717/-68.272
=4.98

First Milling Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, First Milling Co's Interest Expense was ﷼-15 Mil. Its Operating Income was ﷼100 Mil. And its Long-Term Debt & Capital Lease Obligation was ﷼1,113 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*99.642/-14.588
=6.83

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 6.83 mean?
First Milling Co (SAU:2283) has a Interest Coverage of 6.83 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on First Milling Co and its competitors. This is 37% above median its historical median of 4.98. Over the past decade, First Milling Co's Interest Coverage has ranged from 3.17 to 18.60. According to the industry distribution chart, First Milling Co ranks #930 out of 1514 companies in the Consumer Packaged Goods industry, placing it in the top 61.4%.
Is First Milling Co's Interest Coverage too high?
First Milling Co's current Interest Coverage of 6.83 is 37% above median its 10-year median of 4.98. Over the past 10 years, this metric has ranged from a low of 3.17 to a high of 18.60. The Consumer Packaged Goods industry median Interest Coverage is 8.64. First Milling Co's value of 6.83 is 20.9% below this industry median. Based on the distribution chart, First Milling Co ranks #930 out of 1514 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. 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 Interest Coverage compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, First Milling Co ranks #930 out of 1514 companies for Interest Coverage. This places First Milling Co in the lower half of its industry. The industry median Interest Coverage is 8.64. First Milling Co's value of 6.83 is 20.9% below this benchmark. Historically, First Milling Co's own Interest Coverage has ranged from 3.17 to 18.60 over the past decade. While the company's 10-year median is 4.98 vs. the industry median of 8.64, 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 Interest Coverage for a Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.64, based on 1,514 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Milling Co's current Interest Coverage of 6.83 is 20.9% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on First Milling Co and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Milling Co's current Interest Coverage is 6.83, which is 37% above median its own 10-year median of 4.98. 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 Interest Coverage is 6.83, which is 37% above median its 10-year median of 4.98 and 20.9% below the Consumer Packaged Goods industry median of 8.64. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For First Milling Co (SAU:2283), the current Interest Coverage is 6.83 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:

  • Interest Coverage: 6.83 (37% above median its 10-year median of 4.98)
  • GF Value™: ﷼73.68 vs. price of ﷼52.00 (29.4% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 20.9% below the Consumer Packaged Goods median (#930 of 1514)

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

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

﷼52.00
Price
﷼73.68
GF Value