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First Mills

المطاحن الأولى
2283 Main Market Shariah Compliant Strong Buy
54.90 SAR
+0.90 (+1.67%)
Market Cap 3.05B SAR
Volume 163.59K shares
P/E Ratio 11.40
Dividend Yield 6.19%
52-Week Range Food & Beverages
45.10
59.82
Last Updated: March 26, 2026 Confidence: 85%

Technical Analysis & Signals

Strong Buy
Confidence 85%

Al-Mawani Al-Oula stock shows strength in the upward trend with positive indicators supporting the likelihood of continued rise.

Support 53.50 SAR
Resistance 55.60 SAR
Short-term (1-2 weeks) 57.00 SAR
Medium-term (1-3 months) 60.00 SAR
Risk Score
3/10 Low
Technical Analysis

Al-Mawani Al-Oula stock (2283.SR) shows a strong upward trend, currently trading at 54.9 SAR. The Relative Strength Index (RSI) at 74.6 indicates that the stock may be in overbought territory.

Support & Resistance Levels

The main support level for the stock is 53.5 SAR, while the strong resistance level is 55.6 SAR. The stock is expected to react to these levels in the upcoming period.

Volume Analysis

The current trading volume indicates notable activity, reflecting increasing investor interest in the stock. This trend may continue if prices keep rising.

Fundamental Factors

The price-to-earnings (P/E) ratio stands at 11.4, indicating a reasonable valuation for the stock. Additionally, the dividend yield at 6.19% enhances the stock's attractiveness to investors.

Risk Factors

Despite the positive trend, investors should be aware of potential risks such as market volatility and fluctuations in raw material prices. These factors could impact the stock's performance in the future.

Recommendation

Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Investors are advised to conduct further research and analysis before making any investment decisions.

Analyzed: March 26, 2026, 6:21 PM Rule-based analysis

Automated analysis is based on historical data and technical indicators and may not reflect future market conditions.

Financial Fundamentals

Market Cap 3.05B
P/E Ratio 11.40
P/B Ratio 3.10
EPS 4.83
Dividend Yield 6.19%
Dividend/Share 3.34
ROE 30.00%
Debt/Equity 1.35
Free Float 29.40%
Shares Outstanding 55.50M

Price Data

52-Week High 59.82
52-Week Low 45.10
3-Month High 55.10
3-Month Low 45.10
Open 54.00
Day's High 55.10
Day's Low 53.50
Previous Close 54.00

Price Chart - First Mills

2283

Technical Analysis

Current Price: 54.90 SAR
Overall Technical Signal Bullish Signal
7 Bullish 1 Neutral 1 Bearish

Moving Averages

SMA 20 49.71 SAR
Bullish
SMA 50 49.68 SAR
Bullish
SMA 200 51.19 SAR
Bullish
EMA 12 52.02 SAR
Bullish
EMA 26 50.59 SAR
Bullish
Current Price 54.90 SAR — Price above average = Bullish

Momentum Indicators

RSI 14
74.60 Overbought
Oversold (<30) Neutral Overbought (>70)
MACD Bullish
MACD 1.434
Signal 0.744
Histogram +0.690

Bollinger Bands

Within Band
Upper Band 55.60 SAR
Middle Band 49.71 SAR
Lower Band 43.82 SAR
Price position within band
Lower Band Upper Band
Average True Range (ATR) 1.76 SAR

Trend Strength (ADX)

Moderate Trend
31.8
Weak (<20) Moderate Strong (>40)
+DI (Bullish) 40.00
-DI (Bearish) 12.40
Dominant Trend: Bullish
On-Balance Volume (OBV) 460.45K shares

Financial Summary

First Mills

Valuation

Market Cap
3.05B
P/E Ratio
11.40
P/B Ratio
3.10
EPS (Earnings/Share)
4.83

Profitability

Revenue
1.15B
Net Income
277.44M
Return on Equity (ROE)
+30.00%
Shares Outstanding
55.50M

Balance Sheet

Total Assets
N/A
Total Debt
N/A
Debt/Equity
1.35
Free Float %
+29.4%

Dividends & Margins

Dividend Yield
+6.19%
Dividend/Share
3.34
Book Value
17.71

Financial data extracted from published quarterly reports. All values in SAR unless otherwise stated.

Historical Financial Data

4 years
Year RevenueNet IncomeTotal AssetsTotal DebtEPS
2024
1.05B +8.8%
250.90M +13.9%
2.50B +1.0%
1.35B -2.3%
4.52 +13.9%
2023
964.26M +5.5%
220.21M +1.3%
2.47B +1.8%
1.38B -9.1%
3.97 +1.3%
2022
913.65M +14.1%
217.48M +9.6%
2.43B +109.8%
1.52B +323.8%
3.92 +9.5%
2021
801.01M
198.48M
1.16B
358.72M
3.58

Historical data sourced from Yahoo Finance and may differ from official audited financial reports.

Price Forecast

Strong Buy
Strong Buy
Confidence
85%
Price Range
Medium Target 60.00 +9.29%
Short Target 57.00 +3.83%
Resistance 55.60 +1.28%
Current Price 54.90
Support 53.50 -2.55%
Short-term Target 1-3 months
57.00 +3.83%
Medium-term Target 3-6 months
60.00 +9.29%
Upside +9.3%
Downside -2.6%
Risk/Reward Ratio Favorable
3.64 : 1

These forecasts are based on technical analysis and AI and do not constitute investment advice. Past performance does not guarantee future results.

Sector Comparison

Food & Beverages

Dividend History

First Mills
Annual Total per Share
2025
2.77
5.0%
2024
4.37
8.0%
2023
1.37
2.5%
Amount per share Yield %
Recent Payments
August 2025 1.48
April 2025 1.29
July 2024 1.55
April 2024 1.41
April 2024 1.41
August 2023 1.37

Dividend data from Tadawul records. All amounts in SAR. Estimated yield calculated based on year-end price.

Ownership Structure

Locked Ownership70.6%
Free Float29.4%

Data source: Yahoo FinanceLast updated: 2026-03-26

Risk Assessment

Low
Low 2
Medium 3
High 0

Risk Factors

!
Moderate Volatility Medium

Average True Range 3.2% of stock price

Good Liquidity Low

Trading volume near or above average

Low Valuation Low

P/E ratio 11.4 — below average

!
Moderate Debt Medium

Debt-to-equity ratio 1.35

!
Moderate Trend Medium

ADX indicator at 32

Low

Stable fundamentals, low volatility, and good financial solvency

Confidence Level 85%
Analysis Signal Strong Buy

This assessment is automated based on quantitative data and does not constitute investment advice. Please consult a licensed financial advisor before making investment decisions.

FAQ

6 question
1 What is First Mills stock price today?

First Mills (2283) stock price today is 54.90 SAR, gaining by +1.67% compared to the previous session close. The 52-week price range is between 45.10 SAR and 59.82 SAR.

2 What is First Mills stock valuation?

The automated analysis signal for First Mills is "Strong Buy" with 85% confidence. The P/E ratio is 11.4. The P/B ratio is 3.10.

3 Is First Mills Shariah-compliant?

Yes, First Mills (2283) is Shariah-compliant according to the latest lists approved by relevant Shariah authorities.

4 What are First Mills dividend distributions?

First Mills has a dividend yield of 6.19%, with an estimated annual dividend of 3.34 SAR per share.

5 What is First Mills weekly performance?

First Mills performance over different time periods: weekly change +4.97%, monthly +11.68%, and year-to-date +12.04%. The stock is currently trading with a volume of 163,586 shares.

6 What is the target level for First Mills?

According to automated analysis for First Mills: Short-term target (1-2 weeks): 57.00 SAR. Medium-term target (1-3 months): 60.00 SAR. Support level: 53.50 SAR. Resistance level: 55.60 SAR. Note: These are automated analytical levels and do not constitute investment advice.

Disclaimer

The information provided on this page is for educational and analytical purposes only and does not constitute investment advice or a recommendation to buy or sell. Past performance does not guarantee future results. All investments involve risk including loss of capital. Please consult a licensed financial advisor before making any investment decisions.

Automated analysis relies on historical data and technical indicators and may not reflect future market conditions.