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Modern Mills

المطاحن الحديثة
2284 Main Market Shariah Compliant Buy
29.10 SAR
+0.44 (+1.54%)
Market Cap 2.36B SAR
Volume 239.36K shares
P/E Ratio 10.50
Dividend Yield 7.02%
52-Week Range Food & Beverages
24.04
34.90
Last Updated: May 11, 2026 Confidence: 75%

Technical Analysis & Signals

Buy
Confidence 75%

Modern Mills stock shows an upward trend with positive signals in technical analysis.

Support 28.48 SAR
Resistance 29.20 SAR
Short-term (1-2 weeks) 30.50 SAR
Medium-term (1-3 months) 32.00 SAR
Risk Score
4/10 Medium
Technical Analysis

The stock is in a good position as it trades above the 50-day moving average (SMA50), indicating strong upward momentum. Additionally, the Relative Strength Index (RSI) at 60.1 suggests positive momentum, which may enhance the chances of the upward trend continuing.

Support & Resistance Levels

The key support level is at 28.48 SAR, while the nearby resistance is at 29.2 SAR. The stock may likely approach the resistance level if positive momentum continues.

Volume Analysis

Trading volume has not been mentioned, but an increase in volume is expected if the upward trend continues. Increased volume may strengthen the price movement.

Fundamental Factors

The price-to-earnings (P/E) ratio at 10.5 indicates reasonable valuation, while the dividend yield at 7.02% reflects the stock's attractiveness to investors. These factors may support demand for the stock.

Risk Factors

Potential risks include general market volatility and its impact on stock performance. Additionally, any changes in economic or regulatory policies may negatively affect the company's results.

Recommendation

Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Based on the current technical analysis, there may be a buying opportunity with a confidence level of up to 75%.

Analyzed: May 11, 2026, 4:38 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 2.36B
P/E Ratio 10.50
P/B Ratio 7.30
EPS 2.76
Dividend Yield 7.02%
Dividend/Share 2.00
ROE 80.00%
Debt/Equity 2.51
Free Float 65.14%
Shares Outstanding 81.01M

Price Data

52-Week High 34.90
52-Week Low 24.04
3-Month High 29.36
3-Month Low 24.04
Open 28.50
Day's High 29.20
Day's Low 28.48
Previous Close 28.66

Price Chart - Modern Mills

2284

Technical Analysis

Current Price: 29.10 SAR
Overall Technical Signal Bullish Signal
5 Bullish 2 Neutral 2 Bearish

Moving Averages

SMA 20 28.67 SAR
Bullish
SMA 50 27.87 SAR
Bullish
SMA 200 29.30 SAR
Bearish
EMA 12 28.62 SAR
Bullish
EMA 26 28.45 SAR
Bullish
Current Price 29.10 SAR — Price above average = Bullish

Momentum Indicators

RSI 14
60.10 Neutral
Oversold (<30) Neutral Overbought (>70)
MACD Bearish
MACD 0.165
Signal 0.210
Histogram -0.045

Bollinger Bands

Within Band
Upper Band 29.18 SAR
Middle Band 28.67 SAR
Lower Band 28.16 SAR
Price position within band
Lower Band Upper Band
Average True Range (ATR) 0.53 SAR

Trend Strength (ADX)

Moderate Trend
20.2
Weak (<20) Moderate Strong (>40)
+DI (Bullish) 26.90
-DI (Bearish) 14.50
Dominant Trend: Bullish
On-Balance Volume (OBV) -469.55K shares

Financial Summary

Modern Mills

Valuation

Market Cap
2.36B
P/E Ratio
10.50
P/B Ratio
7.30
EPS (Earnings/Share)
2.76

Profitability

Revenue
1.05B
Net Income
223.79M
Return on Equity (ROE)
+80.00%
Shares Outstanding
81.01M

Balance Sheet

Total Assets
N/A
Total Debt
810.97M
Debt/Equity
2.51
Free Float %
+65.1%

Dividends & Margins

Dividend Yield
+7.02%
Dividend/Share
2.00
Book Value
3.99

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

Historical Financial Data

4 years
Year RevenueNet IncomeTotal AssetsTotal DebtEPS
2025
1.05B +3.1%
223.79M +7.2%
1.27B -2.2%
810.97M -8.1%
2.76 +7.0%
2024
1.01B +8.1%
208.67M +3.4%
1.30B +11.5%
882.55M +11.6%
2.58 +3.6%
2023
938.62M -4.0%
201.81M -13.4%
1.17B +1.5%
790.83M -5.0%
2.49 -13.5%
2022
978.00M
233.01M
1.15B
832.01M
2.88

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

Price Forecast

Buy
Buy
Confidence
75%
Price Range
Medium Target 32.00 +9.97%
Short Target 30.50 +4.81%
Resistance 29.20 +0.34%
Current Price 29.10
Support 28.48 -2.13%
Short-term Target 1-3 months
30.50 +4.81%
Medium-term Target 3-6 months
32.00 +9.97%
Upside +10.0%
Downside -2.1%
Risk/Reward Ratio Favorable
4.68 : 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

Modern Mills
Annual Total per Share
2026
1.00
3.4%
2025
2.00
6.9%
2024
2.00
6.9%
Amount per share Yield %
Recent Payments
March 2026 1.00
August 2025 1.00
May 2025 1.00
August 2024 1.00
June 2024 1.00

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

Ownership Structure

Locked Ownership34.86%
Free Float65.14%

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

Risk Assessment

Low
Low 3
Medium 1
High 1

Risk Factors

Low Volatility Low

Average True Range 1.8% of stock price

Good Liquidity Low

Trading volume near or above average

Low Valuation Low

P/E ratio 10.5 — below average

High Debt High

Debt-to-equity ratio 2.51

!
Moderate Trend Medium

ADX indicator at 20

Low

Stable fundamentals, low volatility, and good financial solvency

Confidence Level 75%
Analysis Signal 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 Modern Mills stock price today?

Modern Mills (2284) stock price today is 29.10 SAR, gaining by +1.54% compared to the previous session close. The 52-week price range is between 24.04 SAR and 34.90 SAR.

2 What is Modern Mills stock valuation?

The automated analysis signal for Modern Mills is "Buy" with 75% confidence. The P/E ratio is 10.5. The P/B ratio is 7.30.

3 Is Modern Mills Shariah-compliant?

Yes, Modern Mills (2284) is Shariah-compliant according to the latest lists approved by relevant Shariah authorities.

4 What are Modern Mills dividend distributions?

Modern Mills has a dividend yield of 7.02%, with an estimated annual dividend of 2.00 SAR per share.

5 What is Modern Mills weekly performance?

Modern Mills performance over different time periods: weekly change +2.32%, monthly +2.90%, and year-to-date +5.01%. The stock is currently trading with a volume of 239,363 shares.

6 What is the target level for Modern Mills?

According to automated analysis for Modern Mills: Short-term target (1-2 weeks): 30.50 SAR. Medium-term target (1-3 months): 32.00 SAR. Support level: 28.48 SAR. Resistance level: 29.20 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.