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Oman Flour Mills Company SAOG

MSM:OFMI
Snowflake Description

Adequate balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OFMI
MSM
OMR91M
Market Cap
  1. Home
  2. OM
  3. Food, Beverage & Tobacco
Company description

Oman Flour Mills Company SAOG, together with its subsidiaries, engages in milling wheat and other cereals in the Sultanate of Oman and internationally. The last earnings update was 39 days ago. More info.


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OFMI Share Price and Events
7 Day Returns
0%
MSM:OFMI
0.3%
OM Food
0.3%
OM Market
1 Year Returns
10.7%
MSM:OFMI
3.5%
OM Food
-16.4%
OM Market
OFMI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Oman Flour Mills Company SAOG (OFMI) 0% -0.7% -3.7% 10.7% -35.8% 13.3%
OM Food 0.3% 0.4% -2.8% 3.5% -31.7% -24.5%
OM Market 0.3% -9.1% -14.1% -16.4% -37.2% -45.4%
1 Year Return vs Industry and Market
  • OFMI outperformed the Food industry which returned 3.5% over the past year.
  • OFMI outperformed the Market in Oman which returned -16.4% over the past year.
Price Volatility
OFMI
Industry
5yr Volatility vs Market

OFMI Value

 Is Oman Flour Mills Company SAOG undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Oman Flour Mills Company SAOG to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Oman Flour Mills Company SAOG.

MSM:OFMI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in OMR OMR .050000
Payout Ratio Company Filings (2019-12-31) 5501.4%
Discount Rate (Cost of Equity) See below 15.2%
Perpetual Growth Rate 10-Year OM Government Bond Rate 8.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for MSM:OFMI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year OM Govt Bond Rate 8.6%
Equity Risk Premium S&P Global 8.2%
Food Unlevered Beta Simply Wall St/ S&P Global 0.5
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.502 (1 + (1- 15%) (25.74%))
0.643
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.6% + (0.8 * 8.23%)
15.18%

Discounted Cash Flow Calculation for MSM:OFMI using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Oman Flour Mills Company SAOG is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

MSM:OFMI Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= OMR0.05 / (15.18% - 8.6%)
OMR0.74
MSM:OFMI Discount to Share Price
Calculation Result
Value per share (OMR) From above. OMR0.74
Current discount Discount to share price of OMR0.58
= -1 x (OMR0.58 - OMR0.74) / OMR0.74
21.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Oman Flour Mills Company SAOG is available for.
Intrinsic value
22%
Share price is OMR0.578 vs Future cash flow value of OMR0.74031
Current Discount Checks
For Oman Flour Mills Company SAOG to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Oman Flour Mills Company SAOG's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Oman Flour Mills Company SAOG's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Oman Flour Mills Company SAOG's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Oman Flour Mills Company SAOG's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
MSM:OFMI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in OMR OMR0.04
MSM:OFMI Share Price ** MSM (2020-04-09) in OMR OMR0.58
Oman Food Industry PE Ratio Median Figure of 7 Publicly-Listed Food Companies 19.3x
Oman Market PE Ratio Median Figure of 74 Publicly-Listed Companies 10.31x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Oman Flour Mills Company SAOG.

MSM:OFMI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= MSM:OFMI Share Price ÷ EPS (both in OMR)

= 0.58 ÷ 0.04

13.46x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Oman Flour Mills Company SAOG is good value based on earnings compared to the OM Food industry average.
  • Oman Flour Mills Company SAOG is overvalued based on earnings compared to the Oman market.
Price based on expected Growth
Does Oman Flour Mills Company SAOG's expected growth come at a high price?
Raw Data
MSM:OFMI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.46x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Food Industry PEG Ratio Median Figure of 238 Publicly-Listed Food Companies 1.39x
Oman Market PEG Ratio Median Figure of 6 Publicly-Listed Companies 1.35x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Oman Flour Mills Company SAOG, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Oman Flour Mills Company SAOG's assets?
Raw Data
MSM:OFMI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in OMR OMR0.49
MSM:OFMI Share Price * MSM (2020-04-09) in OMR OMR0.58
Oman Food Industry PB Ratio Median Figure of 10 Publicly-Listed Food Companies 0.94x
Oman Market PB Ratio Median Figure of 102 Publicly-Listed Companies 0.79x
MSM:OFMI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= MSM:OFMI Share Price ÷ Book Value per Share (both in OMR)

= 0.58 ÷ 0.49

1.19x

* Primary Listing of Oman Flour Mills Company SAOG.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Oman Flour Mills Company SAOG is overvalued based on assets compared to the OM Food industry average.
X
Value checks
We assess Oman Flour Mills Company SAOG's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Food industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Food industry average (and greater than 0)? (1 check)
  5. Oman Flour Mills Company SAOG has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

OFMI Future Performance

 How is Oman Flour Mills Company SAOG expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Oman Flour Mills Company SAOG has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.5%
Expected Food industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Oman Flour Mills Company SAOG expected to grow at an attractive rate?
  • Unable to compare Oman Flour Mills Company SAOG's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Oman Flour Mills Company SAOG's earnings growth to the Oman market average as no estimate data is available.
  • Unable to compare Oman Flour Mills Company SAOG's revenue growth to the Oman market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
MSM:OFMI Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Food Industry Earnings Growth Rate Market Cap Weighted Average 16.5%
Asia Food Industry Revenue Growth Rate Market Cap Weighted Average 10.8%
Oman Market Earnings Growth Rate Market Cap Weighted Average 7.8%
Oman Market Revenue Growth Rate Market Cap Weighted Average 6.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
MSM:OFMI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in OMR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
MSM:OFMI Future Estimates Data
Date (Data in OMR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-04-09
MSM:OFMI Past Financials Data
Date (Data in OMR Millions) Revenue Cash Flow Net Income *
2019-12-31 87 0 7
2019-09-30 94 -8 8
2019-06-30 92 -7 9
2019-03-31 90 -1 10
2018-12-31 80 12 10
2018-06-30 87 2 13
2018-03-31 85 11 13
2017-12-31 85 10 14
2017-09-30 86 14 14
2017-06-30 86 23 15
2017-03-31 87 12 16

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Oman Flour Mills Company SAOG is high growth as no earnings estimate data is available.
  • Unable to determine if Oman Flour Mills Company SAOG is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
MSM:OFMI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Oman Flour Mills Company SAOG Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MSM:OFMI Future Estimates Data
Date (Data in OMR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-04-09
MSM:OFMI Past Financials Data
Date (Data in OMR Millions) EPS *
2019-12-31 0.04
2019-09-30
2019-06-30
2019-03-31
2018-12-31 0.07
2018-06-30
2018-03-31
2017-12-31
2017-09-30
2017-06-30 0.09
2017-03-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Oman Flour Mills Company SAOG will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Oman Flour Mills Company SAOG's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Oman Flour Mills Company SAOG's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Food, Beverage & Tobacco companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Oman Flour Mills Company SAOG's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Oman Flour Mills Company SAOG has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

OFMI Past Performance

  How has Oman Flour Mills Company SAOG performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Oman Flour Mills Company SAOG's growth in the last year to its industry (Food).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Oman Flour Mills Company SAOG's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Oman Flour Mills Company SAOG's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Oman Flour Mills Company SAOG's 1-year earnings growth is negative, it can't be compared to the OM Food industry average.
Earnings and Revenue History
Oman Flour Mills Company SAOG's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Oman Flour Mills Company SAOG Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MSM:OFMI Past Revenue, Cash Flow and Net Income Data
Date (Data in OMR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 86.89 6.76 8.16
2019-09-30 93.63 7.86 8.82
2019-06-30 92.01 9.03 8.32
2019-03-31 90.34 10.02 8.33
2018-12-31 79.64 10.48 7.05
2018-06-30 86.56 12.74 8.60
2018-03-31 85.19 12.88 9.13
2017-12-31 85.30 13.51 9.24
2017-09-30 85.85 14.48 9.32
2017-06-30 86.05 14.70 9.31
2017-03-31 86.72 16.00 8.83
2016-12-31 86.18 15.38 9.04
2016-09-30 84.93 14.37 8.43
2016-06-30 84.24 12.78 8.14
2016-03-31 84.72 11.19 7.76
2015-12-31 85.47 9.95 7.41
2015-09-30 83.00 8.47 7.32
2015-06-30 82.03 8.20 7.11
2015-03-31 81.48 7.63 7.04
2014-12-31 79.54 7.57 6.62
2014-09-30 79.53 7.54 6.67
2014-06-30 79.22 7.02 6.59
2014-03-31 77.32 6.47 6.65
2013-12-31 75.05 6.38 6.16
2013-09-30 73.35 6.11 5.86
2013-06-30 70.52 6.07 5.41

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Oman Flour Mills Company SAOG has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Oman Flour Mills Company SAOG used its assets more efficiently than the OM Food industry average last year based on Return on Assets.
  • Oman Flour Mills Company SAOG's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Oman Flour Mills Company SAOG's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Food industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Oman Flour Mills Company SAOG has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

OFMI Health

 How is Oman Flour Mills Company SAOG's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Oman Flour Mills Company SAOG's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Oman Flour Mills Company SAOG is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Oman Flour Mills Company SAOG's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Oman Flour Mills Company SAOG's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Oman Flour Mills Company SAOG Company Filings, last reported 3 months ago.

MSM:OFMI Past Debt and Equity Data
Date (Data in OMR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 77.66 19.38 16.24
2019-09-30 76.20 21.98 11.34
2019-06-30 75.72 21.38 10.95
2019-03-31 74.55 17.13 20.17
2018-12-31 79.99 16.69 26.77
2018-06-30 84.31 15.04 23.16
2018-03-31 81.92 14.55 27.90
2017-12-31 78.60 13.62 22.80
2017-09-30 75.06 12.41 27.20
2017-06-30 79.52 11.79 32.16
2017-03-31 76.68 12.71 31.20
2016-12-31 72.24 11.54 26.70
2016-09-30 67.60 11.58 28.01
2016-06-30 71.14 11.90 21.28
2016-03-31 67.02 12.45 23.46
2015-12-31 63.91 12.47 18.96
2015-09-30 59.86 12.33 16.67
2015-06-30 61.90 12.58 15.71
2015-03-31 59.69 12.39 13.69
2014-12-31 57.30 10.87 10.47
2014-09-30 55.35 10.91 10.61
2014-06-30 57.52 10.93 10.90
2014-03-31 55.82 10.99 15.57
2013-12-31 53.79 11.19 14.61
2013-09-30 51.76 15.46 10.62
2013-06-30 54.36 17.38 3.59
  • Oman Flour Mills Company SAOG's level of debt (25%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (19% vs 25% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 13.2x coverage).
X
Financial health checks
We assess Oman Flour Mills Company SAOG's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Oman Flour Mills Company SAOG has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

OFMI Dividends

 What is Oman Flour Mills Company SAOG's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
8.65%
Current annual income from Oman Flour Mills Company SAOG dividends.
If you bought OMR2,000 of Oman Flour Mills Company SAOG shares you are expected to receive OMR173 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Oman Flour Mills Company SAOG's pays a higher dividend yield than the bottom 25% of dividend payers in Oman (5%).
  • Oman Flour Mills Company SAOG's dividend is below the markets top 25% of dividend payers in Oman (9.46%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
MSM:OFMI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Oman Food Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 5.6%
Oman Market Average Dividend Yield Market Cap Weighted Average of 65 Stocks 8.4%
Oman Minimum Threshold Dividend Yield 10th Percentile 3.3%
Oman Bottom 25% Dividend Yield 25th Percentile 5%
Oman Top 25% Dividend Yield 75th Percentile 9.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

MSM:OFMI Future Dividends Estimate Data
Date (Data in OMR) Dividend per Share (annual) Avg. No. Analysts
2020-04-09
MSM:OFMI Past Annualized Dividends Data
Date (Data in OMR) Dividend per share (annual) Avg. Yield (%)
2020-03-01 0.050 8.632
2020-01-16 0.050 8.380
2019-03-07 0.100 16.032
2017-08-27 0.050 6.564
2016-09-29 0.045 5.690
2015-09-30 0.027 5.346
2014-09-25 0.025 4.621
2013-10-01 0.025 3.988
2012-09-02 0.025 4.572
2012-08-01 0.025 5.101
2011-09-25 0.025 5.417
2010-08-31 0.025 4.344
2010-07-19 0.025 3.689
2009-09-17 0.020 3.061

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Oman Flour Mills Company SAOG's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.9x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Oman Flour Mills Company SAOG's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 3.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Oman Flour Mills Company SAOG afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Oman Flour Mills Company SAOG has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

OFMI Management

 What is the CEO of Oman Flour Mills Company SAOG's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Haitham Mohamed Alfannah
TENURE AS CEO 2 years
CEO Bio

Mr. Haitham Mohamed Ali Alfannah has been the Chief Executive Officer of Oman Flour Mills Company SAOG since April 1, 2018. Mr. Alfannah served as the Chief Executive Officer of Al Sulaimi Group Holding LLC since March 2016. He has overall responsibility for Al Sulaimi Group, including all lines of business. He served as the chief operations officer of Al Sulaimi Group Holding LLC. During the past 16 years at Al Sulaimi Group, he has held a variety of leadership roles within the group. He holds an MBA from the University of Strathclyde, UK and a Bachelor’s Degree in Business Administration from the University of Missouri St Louis, US.

CEO Compensation
  • Insufficient data for Haitham Mohamed to compare compensation growth.
  • Insufficient data for Haitham Mohamed to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure

Average tenure of the Oman Flour Mills Company SAOG management team in years:

2.2
Average Tenure
  • The tenure for the Oman Flour Mills Company SAOG management team is about average.
Management Team

Haitham Mohamed Alfannah

TITLE
Chief Executive Officer
TENURE
2 yrs

Ibrahim Al Amri

TITLE
Chief Operating Officer
TENURE
1.3 yrs

Mohammed Obaid

TITLE
Admin Manager
TENURE
2.2 yrs

Ahmed Al Murazza

TITLE
Chief Corporate Communications Officer
TENURE
2.3 yrs

Nawaz Keethadath

TITLE
Marketing Manager

Abdullah Sulaimi

TITLE
Sales Manager
TENURE
2.2 yrs

Omar Al Farsi

TITLE
HR Manager
TENURE
1.2 yrs

Moosa Al Amri

TITLE
Manager of Government Relations & Board Secretary
TENURE
3.3 yrs
Board of Directors Tenure

Average tenure of the Oman Flour Mills Company SAOG board of directors in years:

3.6
Average Tenure
  • The tenure for the Oman Flour Mills Company SAOG board of directors is about average.
Board of Directors

Salah Al Maawali

TITLE
Chairman of the Board
COMPENSATION
OMR10K
TENURE
3.6 yrs

Khamis Bin Abdullah Bin Abdulrahman Al Farsi

TITLE
Vice Chairman of the Board
COMPENSATION
OMR10K
TENURE
3.6 yrs

Kumail Al Moosawi

TITLE
Director
COMPENSATION
OMR12K

Saleem Pir Bakhsh Al Raisi

TITLE
Director
COMPENSATION
OMR10K
TENURE
12.6 yrs

Salim Al Saadi

TITLE
Director
COMPENSATION
OMR11K

Juma Abdullah Al-Khamisi

TITLE
Director
COMPENSATION
OMR11K
AGE
43
TENURE
3.6 yrs

Musallam Al Barami

TITLE
Director
COMPENSATION
OMR11K
TENURE
3.6 yrs

Salim Al Abdali

TITLE
Director
COMPENSATION
OMR10K
TENURE
3.6 yrs

Ahmed Al Kindi

TITLE
Director
COMPENSATION
OMR11K
TENURE
3.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (OMR) Value (OMR)
X
Management checks
We assess Oman Flour Mills Company SAOG's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Oman Flour Mills Company SAOG has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

OFMI News

Simply Wall St News

OFMI Company Info

Description

Oman Flour Mills Company SAOG, together with its subsidiaries, engages in milling wheat and other cereals in the Sultanate of Oman and internationally. The company operates through five segments: Flour Mill, Feed Mill, Poultry Farm of MPF, Atyab Bakery LLC, and Others. It offers bread baking, health, specialty, pre-mix, and grain products under the Dahabi brand name; and animal and poultry feed products under the Barakat brand, as well as specialized feed products under the Alpha brand. The company also produces and sells eggs and other poultry products; and sells and distributes fresh and frozen bakery products, confectionery items, and other flour related products. Oman Flour Mills Company SAOG was founded in 1977 and is based in Ruwi, the Sultanate of Oman.

Details
Name: Oman Flour Mills Company SAOG
OFMI
Exchange: MSM
Founded: 1977
OMR91,035,000
157,500,000
Website: http://www.omanflourmills.com
Address: Oman Flour Mills Company SAOG
PO Box 566,
Ruwi,
112,
Oman
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
MSM OFMI Ordinary Shares Muscat Securities Market OM OMR 09. Apr 1996
Number of employees
Current staff
Staff numbers
0
Oman Flour Mills Company SAOG employees.
Industry
Packaged Foods and Meats
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 21:47
End of day share price update: 2020/04/09 00:00
Last estimates confirmation: 2020/01/16
Last earnings filing: 2020/03/01
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.