First Milling Co (SAU:2283) Net Margin %: 24.07% (As of Mar. 2026) — Near 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 Net Margin %?

First Milling Co SAU:2283 -1.70% 62 Net Margin % is 24.07% as of Mar. 2026, which is 1% above its 10-year median of 23.92. 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 1,953 Consumer Packaged Goods companies, First Milling Co ranks better than 95.65% on this metric.

Net margin is calculated as Net Income divided by its Revenue. First Milling Co's Net Income for the three months ended in Mar. 2026 was ﷼80 Mil. First Milling Co's Revenue for the three months ended in Mar. 2026 was ﷼333 Mil. Therefore, First Milling Co's net margin for the quarter that ended in Mar. 2026 was 24.07%.

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

SAU:2283' s Net Margin % Range Over the Past 10 Years
Min: 22.84   Med: 23.92   Max: 24.78
Current: 23.24


SAU:2283's Net Margin % is ranked better than
95.65% of 1953 companies
in the Consumer Packaged Goods industry
Industry Median: 3.51 vs SAU:2283: 23.24

First Milling Co  (SAU:2283) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


First Milling Co Net Margin % Related Terms


First Milling Co Net Margin % Historical Data

* Premium members only.

The historical data trend for First Milling Co's Net Margin % 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 Net Margin % Chart

First Milling Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
24.78 23.80 22.84 23.92 24.20

First Milling Co Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % 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 28.09 21.62 25.03 22.06 24.07

SAU:2283 vs KHC, GIS: Net Margin % Comparison

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

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

* The bar in red indicates where First Milling Co's Net Margin % falls into.


SAU:2283
62GF Score
First Milling Co SAU:2283
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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First Milling Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=277.443/1146.374
=24.20 %

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

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=80.087/332.752
=24.07 %

* 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 Net Margin % →
What does a Net Margin % of 24.07% mean?
First Milling Co (SAU:2283) has a Net Margin % of 24.07% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on First Milling Co and its competitors. This is near median its historical median of 23.92. Over the past decade, First Milling Co's Net Margin % has ranged from 22.84 to 24.78. According to the industry distribution chart, First Milling Co ranks #85 out of 1953 companies in the Consumer Packaged Goods industry, placing it in the top 4.4%.
Is First Milling Co's Net Margin % too high?
First Milling Co's current Net Margin % of 24.07% is near median its 10-year median of 23.92. Over the past 10 years, this metric has ranged from a low of 22.84 to a high of 24.78. The Consumer Packaged Goods industry median Net Margin % is 3.51. First Milling Co's value of 24.07% is 585.8% above this industry median. Based on the distribution chart, First Milling Co ranks #85 out of 1953 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. 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 Net Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, First Milling Co ranks #85 out of 1953 companies for Net Margin %. This places First Milling Co in the top 4% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.51. First Milling Co's value of 24.07% is 585.8% above this benchmark. Historically, First Milling Co's own Net Margin % has ranged from 22.84 to 24.78 over the past decade. While the company's 10-year median is 23.92 vs. the industry median of 3.51, First Milling 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 Net Margin % for a Consumer Packaged Goods company?
The median Net Margin % among Consumer Packaged Goods companies is 3.51, based on 1,953 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Milling Co's current Net Margin % of 24.07% is 585.8% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on First Milling Co and its competitors. For the Consumer Packaged Goods industry, the median Net Margin % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Milling Co's current Net Margin % is 24.07%, which is near median its own 10-year median of 23.92. 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 Net Margin % is 24.07%, which is near median its 10-year median of 23.92 and 585.8% above the Consumer Packaged Goods industry median of 3.51. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For First Milling Co (SAU:2283), the current Net Margin % is 24.07% 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:

  • Net Margin %: 24.07% (near median its 10-year median of 23.92)
  • GF Value™: ﷼73.68 vs. price of ﷼52.00 (29.4% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 585.8% above the Consumer Packaged Goods median (#85 of 1953)

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

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

﷼52.00
Price
﷼73.68
GF Value