Premier Group (JSE:PMR) Gross Margin %: 36.56% (As of Mar. 2026) — Near Median


JSE:PMR Premier Group Ltd JSE:PMR
61 GF Score
Price R196.93
GF Value R144.63
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Premier Group Gross Margin %?

Premier Group JSE:PMR +1.32% 61 Gross Margin % is 36.56% as of Mar. 2026, which is 7% above its 10-year median of 34.28. GuruFocus rates JSE:PMR with a GF Score™ of 61/100 and a GF Value™ of R144.63 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 303 Retail - Defensive companies, Premier Group ranks better than 79.54% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Premier Group's Gross Profit for the six months ended in Mar. 2026 was R3,976 Mil. Premier Group's Revenue for the six months ended in Mar. 2026 was R10,875 Mil. Therefore, Premier Group's Gross Margin % for the quarter that ended in Mar. 2026 was 36.56%.


The historical rank and industry rank for Premier Group's Gross Margin % or its related term are showing as below:

JSE:PMR' s Gross Margin % Range Over the Past 10 Years
Min: 30.2   Med: 34.28   Max: 36.16
Current: 36.16


During the past 4 years, the highest Gross Margin % of Premier Group was 36.16%. The lowest was 30.20%. And the median was 34.28%.

JSE:PMR's Gross Margin % is ranked better than
79.54% of 303 companies
in the Retail - Defensive industry
Industry Median: 24.08 vs JSE:PMR: 36.16

Premier Group had a gross margin of 36.56% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Premier Group was 0.00% per year.


Premier Group  (JSE:PMR) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Premier Group had a gross margin of 36.56% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Premier Group Gross Margin % Related Terms


Premier Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Premier Group's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Premier Group Gross Margin % Chart

Premier Group Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Gross Margin %
30.20 33.88 34.68 36.16

Premier Group Semi-Annual Data
Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial 35.32 35.04 34.34 35.74 36.56

JSE:PMR vs KR, SFM: Gross Margin % Comparison

For the Grocery Stores subindustry, Premier Group's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Premier Group Gross Margin % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Premier Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Premier Group's Gross Margin % falls into.


JSE:PMR
61GF Score
Premier Group Ltd JSE:PMR
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Premier Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Premier Group's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=7663.1 / 21192.328
=(Revenue - Cost of Goods Sold) / Revenue
=(21192.328 - 13529.193) / 21192.328
=36.16 %

Premier Group's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=3975.7 / 10874.804
=(Revenue - Cost of Goods Sold) / Revenue
=(10874.804 - 6899.108) / 10874.804
=36.56 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 36.56% mean?
Premier Group (JSE:PMR) has a Gross Margin % of 36.56% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Premier Group and its competitors. This is near median its historical median of 34.28. Over the past decade, Premier Group's Gross Margin % has ranged from 30.20 to 36.16. According to the industry distribution chart, Premier Group ranks #62 out of 303 companies in the Retail - Defensive industry, placing it in the top 20.5%.
Is Premier Group's Gross Margin % too high?
Premier Group's current Gross Margin % of 36.56% is near median its 10-year median of 34.28. Over the past 10 years, this metric has ranged from a low of 30.20 to a high of 36.16. The Retail - Defensive industry median Gross Margin % is 24.08. Premier Group's value of 36.56% is 51.8% above this industry median. Based on the distribution chart, Premier Group ranks #62 out of 303 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Premier Group has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premier Group's Gross Margin % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Premier Group ranks #62 out of 303 companies for Gross Margin %. This places Premier Group in the top 21% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.08. Premier Group's value of 36.56% is 51.8% above this benchmark. Historically, Premier Group's own Gross Margin % has ranged from 30.20 to 36.16 over the past decade. While the company's 10-year median is 34.28 vs. the industry median of 24.08, Premier Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Retail - Defensive company?
The median Gross Margin % among Retail - Defensive companies is 24.08, based on 303 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Premier Group's current Gross Margin % of 36.56% is 51.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Premier Group and its competitors. For the Retail - Defensive industry, the median Gross Margin % is 24.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premier Group's current Gross Margin % is 36.56%, which is near median its own 10-year median of 34.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Group stock overvalued right now?
Based on GuruFocus' analysis, Premier Group (JSE:PMR) is currently considered Significantly Overvalued. The stock's GF Value™ is R144.63, compared to a current price of R196.93 — trading 36.2% above its estimated fair value. The current Gross Margin % is 36.56%, which is near median its 10-year median of 34.28 and 51.8% above the Retail - Defensive industry median of 24.08. Premier Group's overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Premier Group (JSE:PMR), the current Gross Margin % is 36.56% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Premier Group (JSE:PMR) Overvalued in 2026?

Based on GuruFocus' analysis, Premier Group stock appears to be overvalued. The current stock price of R196.93 is trading 36.2% above its estimated GF Value™ of R144.63. GuruFocus considers Premier Group to be Significantly Overvalued.

Key valuation signals for JSE:PMR:

  • Gross Margin %: 36.56% (near median its 10-year median of 34.28)
  • GF Value™: R144.63 vs. price of R196.93 (36.2% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 51.8% above the Retail - Defensive median (#62 of 303)

No single metric tells the full story. See the JSE:PMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Premier Group Business Description

Address Maxwell Office Park, Building 5, Magwa Crescent West, Isando, ZAF, 1600
Premier Group Ltd is engaged in the manufacturing and distribution of staple milling and baking products, confectionery and home and personal care (HPC) products. The company is organized into two segments Millbake and Groceries and International. It derives maximum revenue from Millbake segment.
61GF Score

Get the complete analysis for JSE:PMR

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R196.93
Price
R144.63
GF Value