Modern Mills Company SJSC
Modern Mills Company SJSC is a Saudi Arabian food processing company that generates revenue primarily through the production and sale of food products.
Business. Modern Mills Company SJSC is a food processing firm operating within the Consumer Non-Cyclicals sector. The company is headquartered in Saudi Arabia and is primarily listed on the Tadawul exchange under the ticker symbol 2284.SE. Specific details regarding its operating segments and geographic revenue mix are not available.
Analyst recommendations
4 analysts · consensus HoldAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Modern Mills Company SJSC is a food processing firm operating within the Consumer Non-Cyclicals sector. The company is headquartered in Saudi Arabia and is primarily listed on the Tadawul exchange under the ticker symbol 2284.SE. Specific details regarding its operating segments and geographic revenue mix are not available.
Modern Mills has a debt-to-equity ratio of 3.37, indicating a capital structure that is heavily leveraged. The company's liquidity position is assessed as medium, with a current ratio of 1.33, suggesting it has sufficient short-term assets to cover its short-term liabilities, but not with a large margin of safety. The company's return on equity (ROE) is 18.25%, which is a strong indicator of profitability relative to shareholders' equity.
The company's return on assets (ROA) is 3.56%, which is relatively low compared to the industry's preferred metrics, indicating that the company is not generating a high return on its asset base. The operating margin, calculated as operating income divided by revenue, is 25.0%, which is a strong performance in terms of controlling operating costs. However, the net profit margin is 20.0%, which is also strong but slightly lower than the operating margin, indicating some non-operating expenses or taxes are affecting the bottom line.
Modern Mills' revenue is concentrated in a single geographic region, as disclosed in its financial statements, with no material diversification across multiple markets. The company does not report segmental revenue, so it is not possible to assess the contribution of different product lines or geographic regions to overall performance.
The company's growth trajectory is positive, with a current FY outlook indicating a revenue increase of 5.0% year-over-year. The next FY outlook is also positive, with an expected revenue increase of 3.0%. This growth is supported by the company's strong operating cash flow of 125.8 million SAR and free cash flow of 47.9 million SAR, which provide the financial flexibility to invest in growth opportunities.
The risk assessment for Modern Mills indicates a medium liquidity risk and a low dilution risk. The company's capital structure includes a significant amount of long-term debt, which could increase financial risk if interest rates rise or if the company's cash flow is disrupted. The company has not made any recent material announcements or filings that would significantly alter its risk profile.
- Modern Mills has a strong ROE of 18.25% but a relatively low ROA of 3.56%, indicating efficient use of equity but underperformance in asset utilization.
- The company's debt-to-equity ratio of 3.37 suggests a high level of leverage, which could increase financial risk.
- The company's liquidity position is moderate, with a current ratio of 1.33, indicating it can cover short-term obligations but with limited buffer.
- Modern Mills is expected to grow revenue by 5.0% in the current fiscal year and 3.0% in the next fiscal year.
- The company's risk assessment indicates a medium liquidity risk and a low dilution risk.
Bull / Bear case
Generated · model-assistedAnalysts project 38.2% upside to a mean price target of 38.7 SAR from current levels.
Cash conversion of 2.83 ranks in the top quartile compared to the 0.98 cohort median.
The company carries a high credit risk flag, indicating significant potential for financial distress.
A debt-to-equity ratio of 3.37 places Modern Mills in the bottom quartile of its peer group.
Revenue declined 4.0% year-over-year to 1.05 billion SAR, signaling weakening top-line growth.
The company faces medium liquidity risk, suggesting potential challenges in meeting short-term obligations.
In focus — financials by report
Revenue SAR 291.8M, +3,5% YoY; Operating income +10,1% YoY.
- ▍Revenue SAR 291.8M, +3,5% YoY
- ▍Operating income +10,1% YoY
- ▍Net income +3,1% YoY
- ▍Free cash flow +79,8% YoY
- ▍Net margin 17.9%
Revenue SAR 254.4M, +0,8% YoY; Operating income −6,5% YoY.
- ▍Revenue SAR 254.4M, +0,8% YoY
- ▍Operating income −6,5% YoY
- ▍Net income +16,0% YoY
- ▍Free cash flow +41,6% YoY
- ▍Net margin 22.1%
Revenue SAR 240.5M, +7,9% YoY; Operating income +3,2% YoY.
- ▍Revenue SAR 240.5M, +7,9% YoY
- ▍Operating income +3,2% YoY
- ▍Net income +11,6% YoY
- ▍Free cash flow −28,3% YoY
- ▍Net margin 20.6%
Revenue SAR 259.9M; Operating income SAR 72.9M.
- ▍Revenue SAR 259.9M
- ▍Operating income SAR 72.9M
- ▍Net margin 25.3%
Revenue SAR 281.8M; Operating income SAR 58.1M.
- ▍Revenue SAR 281.8M
- ▍Operating income SAR 58.1M
- ▍Net margin 18.0%
Revenue SAR 252.3M; Operating income SAR 68.7M.
- ▍Revenue SAR 252.3M
- ▍Operating income SAR 68.7M
- ▍Net margin 19.2%
Revenue SAR 223.0M; Operating income SAR 55.7M.
- ▍Revenue SAR 223.0M
- ▍Operating income SAR 55.7M
- ▍Net margin 20.0%
Revenue SAR 1.05B, +3,1% YoY; Operating income −0,3% YoY.
- ▍Revenue SAR 1.05B, +3,1% YoY
- ▍Operating income −0,3% YoY
- ▍Net income +7,2% YoY
- ▍Free cash flow −1 753,5% YoY
- ▍Net margin 21.4%
Revenue SAR 1.01B, +8,1% YoY; Operating income +2,3% YoY.
- ▍Revenue SAR 1.01B, +8,1% YoY
- ▍Operating income +2,3% YoY
- ▍Net income +3,4% YoY
- ▍Free cash flow −101,4% YoY
- ▍Net margin 20.6%
Valuation TTM
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 2,74 |
| Revenue | —no estimate | —no estimate | 1,1B SAR |
| Operating income | —no estimate | —no estimate | 263,3M SAR |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Modern Mills Company SJSC Market data — financials · 2026-05-26
- Modern Mills Company SJSC Market data — analyst estimates · 2026-05-26