First Milling Co (SAU:2283) ROE % Adjusted to Book Value: 10.14% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SAU:2283 First Milling Co SAU:2283
62 GF Score
Price ﷼52.00
GF Value ﷼73.68
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is First Milling Co ROE % Adjusted to Book Value?

First Milling Co SAU:2283 -1.70% 62 ROE % Adjusted to Book Value is 10.14% as of Mar. 2026. 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.

First Milling Co's ROE % for the quarter that ended in Mar. 2026 was 30.21%. First Milling Co's PB Ratio for the quarter that ended in Mar. 2026 was 2.98. First Milling Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 10.14%.


First Milling Co ROE % Adjusted to Book Value Related Terms


First Milling Co ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for First Milling Co's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

First Milling Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
0.00 0.00 5.74 7.69 10.81

First Milling Co Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 9.18 7.01 9.65 11.39 10.14

SAU:2283 vs KHC, GIS: ROE % Adjusted to Book Value Comparison

For the Packaged Foods subindustry, First Milling Co's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, First Milling Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where First Milling Co's ROE % Adjusted to Book Value falls into.


SAU:2283
62GF Score
First Milling Co SAU:2283
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Milling Co ROE % Adjusted to Book Value Calculation

First Milling Co's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=27.57% / 2.55
=10.81%

First Milling Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=30.21% / 2.98
=10.14%

* 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.

What does a ROE % Adjusted to Book Value of 10.14% mean?
First Milling Co (SAU:2283) has a ROE % Adjusted to Book Value of 10.14% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on First Milling Co and its competitors.
Is First Milling Co's ROE % Adjusted to Book Value too high?
First Milling Co's current ROE % Adjusted to Book Value is 10.14%. 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 ROE % Adjusted to Book Value compare to KHC and GIS?
First Milling Co's ROE % Adjusted to Book Value of 10.14% 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 ROE % Adjusted to Book Value for a Consumer Packaged Goods company?
A good ROE % Adjusted to Book Value depends on the Consumer Packaged Goods industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on First Milling Co and its competitors. First Milling Co's current ROE % Adjusted to Book Value is 10.14%. 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 ROE % Adjusted to Book Value is 10.14%. 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For First Milling Co (SAU:2283), the current ROE % Adjusted to Book Value is 10.14% 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:

  • ROE % Adjusted to Book Value: 10.14%
  • GF Value™: ﷼73.68 vs. price of ﷼52.00 (29.4% below fair value)
  • GF Score™: 62/100 with 4 warning signs

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

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

﷼52.00
Price
﷼73.68
GF Value