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First Mills

المطاحن الأولى
2283 Main Market Shariah Compliant Hold
53.70 SAR
+0.25 (+0.47%)
Market Cap 2.98B SAR
Volume 77.24K shares
P/E Ratio 10.80
Dividend Yield 6.25%
52-Week Range Food & Beverages
43.76
57.00
Last Updated: May 11, 2026 Confidence: 65%

Technical Analysis & Signals

Hold
Confidence 65%

Al-Mawashi stock shows sideways movement with clear support and resistance levels in the Saudi market.

Support 52.69 SAR
Resistance 54.90 SAR
Short-term (1-2 weeks) 54.75 SAR
Medium-term (1-3 months) 57.00 SAR
Risk Score
5/10 Medium
Technical Analysis

The stock is currently trading at 53.7 SAR, with the RSI at 47.3, indicating a lack of strong momentum in either upward or downward direction. Additionally, the negative MACD Histogram may suggest weakness in the current trend.

Support & Resistance Levels

The main support level is at 52.69 SAR, while the primary resistance is at 54.9 SAR. The stock may react to these levels in case of market fluctuations.

Volume Analysis

There are no clear volume data indicating an increase in trading activity, suggesting that the market is still in a wait-and-see mode. This trend may change with future market movements.

Fundamental Factors

The P/E ratio stands at 10.8, indicating a reasonable valuation for the stock. Additionally, the dividend yield of 6.25% may attract investors seeking steady income.

Risk Factors

The company faces risks related to market volatility and the overall economic environment. The current sideways trend may indicate uncertainty in the stock's performance in the short term.

Recommendation

Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. It is advisable to monitor market developments and watch support and resistance levels before making any investment decisions.

Analyzed: May 11, 2026, 4:36 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 2.98B
P/E Ratio 10.80
P/B Ratio 2.80
EPS 4.97
Dividend Yield 6.25%
Dividend/Share 3.34
ROE 0.00%
Debt/Equity 1.18
Free Float 29.30%
Shares Outstanding 55.50M

Price Data

52-Week High 57.00
52-Week Low 43.76
3-Month High 57.00
3-Month Low 43.76
Open 53.45
Day's High 54.75
Day's Low 53.45
Previous Close 53.45

Price Chart - First Mills

2283

Technical Analysis

Current Price: 53.70 SAR
Overall Technical Signal Bearish Signal
3 Bullish 2 Neutral 4 Bearish

Moving Averages

SMA 20 54.90 SAR
Bearish
SMA 50 52.49 SAR
Bullish
SMA 200 50.23 SAR
Bullish
EMA 12 54.18 SAR
Bearish
EMA 26 54.10 SAR
Bearish
Current Price 53.70 SAR — Price above average = Bullish

Momentum Indicators

RSI 14
47.30 Neutral
Oversold (<30) Neutral Overbought (>70)
MACD Bearish
MACD 0.081
Signal 0.504
Histogram -0.423

Bollinger Bands

Within Band
Upper Band 57.10 SAR
Middle Band 54.90 SAR
Lower Band 52.69 SAR
Price position within band
Lower Band Upper Band
Average True Range (ATR) 1.08 SAR

Trend Strength (ADX)

Moderate Trend
27.8
Weak (<20) Moderate Strong (>40)
+DI (Bullish) 26.70
-DI (Bearish) 24.20
Dominant Trend: Bullish
On-Balance Volume (OBV) 891.14K shares

Financial Summary

First Mills

Valuation

Market Cap
2.98B
P/E Ratio
10.80
P/B Ratio
2.80
EPS (Earnings/Share)
4.97

Profitability

Revenue
1.20B
Net Income
277.87M
Return on Equity (ROE)
0.00%
Shares Outstanding
55.50M

Balance Sheet

Total Assets
N/A
Total Debt
N/A
Debt/Equity
1.18
Free Float %
+29.3%

Dividends & Margins

Dividend Yield
+6.25%
Dividend/Share
3.34
Book Value
19.18

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

Historical Financial Data

5 years
Year RevenueNet IncomeTotal AssetsTotal DebtEPS
2025
1.15B +9.3%
277.44M +10.6%
2.60B +4.1%
1.27B -6.2%
5.00 +10.6%
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
217.48M
2.43B
1.52B
3.92
2021

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

Price Forecast

Hold
Hold
Confidence
65%
Price Range
Medium Target 57.00 +6.15%
Resistance 54.90 +2.23%
Short Target 54.75 +1.96%
Current Price 53.70
Support 52.69 -1.88%
Short-term Target 1-3 months
54.75 +1.96%
Medium-term Target 3-6 months
57.00 +6.15%
Upside +6.1%
Downside -1.9%
Risk/Reward Ratio Favorable
3.27 : 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
2026
1.67
3.1%
2025
2.77
5.2%
2024
4.37
8.1%
2023
1.37
2.5%
Amount per share Yield %
Recent Payments
April 2026 1.67
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 Ownership70.7%
Free Float29.3%

Data source: Yahoo FinanceLast updated: 2026-05-11

Risk Assessment

Medium
Low 3
Medium 2
High 0

Risk Factors

Low Volatility Low

Average True Range 2.0% of stock price

Good Liquidity Low

Trading volume near or above average

Low Valuation Low

P/E ratio 10.8 — below average

!
Moderate Debt Medium

Debt-to-equity ratio 1.18

!
Moderate Trend Medium

ADX indicator at 28

Medium

Moderate risk factors with some sector pressures

Confidence Level 65%
Analysis Signal Hold

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 53.70 SAR, gaining by +0.47% compared to the previous session close. The 52-week price range is between 43.76 SAR and 57.00 SAR.

2 What is First Mills stock valuation?

The automated analysis signal for First Mills is "Hold" with 65% confidence. The P/E ratio is 10.8. The P/B ratio is 2.80.

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 6.25%, 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 +0.09%, monthly -1.56%, and year-to-date +12.94%. The stock is currently trading with a volume of 77,242 shares.

6 What is the target level for First Mills?

According to automated analysis for First Mills: Short-term target (1-2 weeks): 54.75 SAR. Medium-term target (1-3 months): 57.00 SAR. Support level: 52.69 SAR. Resistance level: 54.90 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.