Oman Flour Mills (MUS:OFMI) Property, Plant and Equipment: ر.ع50.2 Mil (As of Dec. 2023)


MUS:OFMI Oman Flour Mills MUS:OFMI
72 GF Score
Price ر.ع0.55
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What is Oman Flour Mills Property, Plant and Equipment?

Oman Flour Mills MUS:OFMI +0.36% 72 Property, Plant and Equipment is ر.ع50.2 Mil as of Dec. 2023. GuruFocus rates MUS:OFMI with a GF Score™ of 72/100.

Oman Flour Mills's quarterly net PPE declined from Dec. 2021 (ر.ع54.3 Mil) to Dec. 2022 (ر.ع47.1 Mil) but then increased from Dec. 2022 (ر.ع47.1 Mil) to Dec. 2023 (ر.ع50.2 Mil).

Oman Flour Mills's annual net PPE declined from Dec. 2021 (ر.ع54.3 Mil) to Dec. 2022 (ر.ع47.1 Mil) but then increased from Dec. 2022 (ر.ع47.1 Mil) to Dec. 2023 (ر.ع50.2 Mil).

Oman Flour Mills  (MUS:OFMI) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.

Oman Flour Mills Property, Plant and Equipment Related Terms

Oman Flour Mills Property, Plant and Equipment Historical Data

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The historical data trend for Oman Flour Mills's Property, Plant and Equipment 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.

Oman Flour Mills Property, Plant and Equipment Chart

Oman Flour Mills Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.63 34.89 54.29 47.12 50.16

Oman Flour Mills Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.63 34.89 54.29 47.12 50.16
MUS:OFMI
72GF Score
Oman Flour Mills MUS:OFMI
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman Flour Mills Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of ر.ع50.2 Mil mean?
Oman Flour Mills (MUS:OFMI) has a Property, Plant and Equipment of ر.ع50.2 Mil as of Dec. 2023. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Oman Flour Mills and its competitors.
Is Oman Flour Mills' Property, Plant and Equipment too high?
Oman Flour Mills' current Property, Plant and Equipment is ر.ع50.2 Mil. Overall, Oman Flour Mills has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Oman Flour Mills' Property, Plant and Equipment compare to JBS and KHC?
Oman Flour Mills' Property, Plant and Equipment of ر.ع50.2 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 Property, Plant and Equipment for a Consumer Packaged Goods company?
A good Property, Plant and Equipment depends on the Consumer Packaged Goods industry context. However, Property, Plant and Equipment 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 Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Oman Flour Mills and its competitors. Oman Flour Mills's current Property, Plant and Equipment is ر.ع50.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Flour Mills stock overvalued right now?
Oman Flour Mills (MUS:OFMI) has a current Property, Plant and Equipment of ر.ع50.2 Mil. The current Property, Plant and Equipment is ر.ع50.2 Mil. Oman Flour Mills' overall GF Score™ is 72/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Oman Flour Mills (MUS:OFMI), the current Property, Plant and Equipment is ر.ع50.2 Mil as of Dec. 2023. 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.

Oman Flour Mills Business Description

Address P.O. Box 566, Ruwi, OMN, 112
Oman Flour Mills is an Oman-based company engaged in the milling of wheat and other cereals and sale of flour, and the processing and sale of animal feed. In addition, the company through its subsidiaries is also involved in the production and sale of eggs, and selling and distribution of franchise frozen bakery products. The group generates the majority of the revenue from the sale of Feed and related products. The company markets its flour mill products through Dahabi brand and feed mill products through Barakat brand.
72GF Score

Get the complete analysis for MUS:OFMI

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

ر.ع0.55
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