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First Milling CoSAU:2283 -0.28%62 Return-on-Tangible-Asset is 17.13% as of Jun. 2026, which is 2% below its 10-year median of 17.52. GuruFocus rates SAU:2283 with a GF Score™ of 62/100 and a GF Value™ of ﷼73.89 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,994 Consumer Packaged Goods companies, First Milling Co ranks better than 94.88% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. First Milling Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ﷼264 Mil. First Milling Co's average total tangible assets for the quarter that ended in Jun. 2026 was ﷼1,540 Mil. Therefore, First Milling Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 17.13%.
The historical rank and industry rank for First Milling Co's Return-on-Tangible-Asset or its related term are showing as below:
SAU:2283'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 16.28 Med: 17.52 Max: 19.98
Current: 19.98
During the past 5 years, First Milling Co's highest Return-on-Tangible-Asset was 19.98%. The lowest was 16.28%. And the median was 17.52%.
SAU:2283's Return-on-Tangible-Asset is ranked better than 94.88% of 1994
companies
in the Consumer Packaged Goods industry
Industry Median: 3.52
vs SAU:2283: 19.98
First Milling Co (SAU:2283) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
First Milling Co Return-on-Tangible-Asset Related Terms
First Milling Co Return-on-Tangible-Asset Historical Data
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The historical data trend for First Milling Co's Return-on-Tangible-Asset 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.
SAU:2283 vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, First Milling Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, First Milling Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where First Milling Co's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 17.13% mean?
First Milling Co (SAU:2283) has a Return-on-Tangible-Asset of 17.13% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on First Milling Co and its competitors. This is near median its historical median of 17.52. Over the past decade, First Milling Co's Return-on-Tangible-Asset has ranged from 16.28 to 19.98. According to the industry distribution chart, First Milling Co ranks #102 out of 1994 companies in the Consumer Packaged Goods industry, placing it in the top 5.1%.
Is First Milling Co's Return-on-Tangible-Asset too high?
First Milling Co's current Return-on-Tangible-Asset of 17.13% is near median its 10-year median of 17.52. Over the past 10 years, this metric has ranged from a low of 16.28 to a high of 19.98. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.52. First Milling Co's value of 17.13% is 386.6% above this industry median. Based on the distribution chart, First Milling Co ranks #102 out of 1994 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 Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, First Milling Co ranks #102 out of 1994 companies for Return-on-Tangible-Asset. This places First Milling Co in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.52. First Milling Co's value of 17.13% is 386.6% above this benchmark. Historically, First Milling Co's own Return-on-Tangible-Asset has ranged from 16.28 to 19.98 over the past decade. While the company's 10-year median is 17.52 vs. the industry median of 3.52, 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 Return-on-Tangible-Asset for a Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.52, based on 1,994 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Milling Co's current Return-on-Tangible-Asset of 17.13% is 386.6% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on First Milling Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Milling Co's current Return-on-Tangible-Asset is 17.13%, which is near median its own 10-year median of 17.52. 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 ﷼73.89, compared to a current price of ﷼52.55 — trading 28.9% below its estimated fair value. The current Return-on-Tangible-Asset is 17.13%, which is near median its 10-year median of 17.52 and 386.6% above the Consumer Packaged Goods industry median of 3.52. First Milling Co's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For First Milling Co (SAU:2283), the current Return-on-Tangible-Asset is 17.13% 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.
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 ﷼52.55 is trading 28.9% below its estimated GF Value™ of ﷼73.89.
GuruFocus considers First Milling Co to be Modestly Undervalued.
Key valuation signals for SAU:2283:
Return-on-Tangible-Asset: 17.13% (near median its 10-year median of 17.52)
GF Value™: ﷼73.89 vs. price of ﷼52.55 (28.9% below fair value)
Industry Position: 386.6% above the Consumer Packaged Goods median (#102 of 1994)
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 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
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