Primeserv Group (JSE:PMV) Gross Margin %: 12.15% (As of Sep. 2025) — Near Median


JSE:PMV Primeserv Group Ltd JSE:PMV
88 GF Score
Price R2.75
GF Value R2.18
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Primeserv Group Gross Margin %?

Primeserv Group JSE:PMV 88 Gross Margin % is 12.15% as of Sep. 2025, which is 6% below its 10-year median of 12.91. GuruFocus rates JSE:PMV with a GF Score™ of 88/100 and a GF Value™ of R2.18 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,007 Business Services companies, Primeserv Group ranks worse than 89.57% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Primeserv Group's Gross Profit for the six months ended in Sep. 2025 was R66 Mil. Primeserv Group's Revenue for the six months ended in Sep. 2025 was R542 Mil. Therefore, Primeserv Group's Gross Margin % for the quarter that ended in Sep. 2025 was 12.15%.

Warning Sign:

Primeserv Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -2%.


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

JSE:PMV' s Gross Margin % Range Over the Past 10 Years
Min: 11.27   Med: 12.91   Max: 17.48
Current: 11.92


During the past 13 years, the highest Gross Margin % of Primeserv Group was 17.48%. The lowest was 11.27%. And the median was 12.91%.

JSE:PMV's Gross Margin % is ranked worse than
89.57% of 1007 companies
in the Business Services industry
Industry Median: 34.5 vs JSE:PMV: 11.92

Primeserv Group had a gross margin of 12.15% for the quarter that ended in Sep. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Primeserv Group was -2.00% per year.


Primeserv Group  (JSE:PMV) 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

Primeserv Group had a gross margin of 12.15% for the quarter that ended in Sep. 2025 => No sustainable competitive advantage


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.


Primeserv Group Gross Margin % Related Terms


Primeserv Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Primeserv 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.

Primeserv Group Gross Margin % Chart

Primeserv Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.27 11.63 11.46 11.81 11.89

Primeserv Group Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.30 11.36 12.09 11.70 12.15

JSE:PMV vs KFY, RHI, TNET: Gross Margin % Comparison

For the Staffing & Employment Services subindustry, Primeserv 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.


Primeserv Group Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Primeserv Group's Gross Margin % distribution charts can be found below:

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


JSE:PMV
88GF Score
Primeserv Group Ltd JSE:PMV
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Primeserv Group Gross Margin % Calculation

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

Primeserv Group's Gross Margin for the fiscal year that ended in Mar. 2025 is calculated as

Gross Margin % (A: Mar. 2025 )=Gross Profit (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=127.7 / 1074.284
=(Revenue - Cost of Goods Sold) / Revenue
=(1074.284 - 946.551) / 1074.284
=11.89 %

Primeserv Group's Gross Margin for the quarter that ended in Sep. 2025 is calculated as


Gross Margin % (Q: Sep. 2025 )=Gross Profit (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=65.9 / 542.071
=(Revenue - Cost of Goods Sold) / Revenue
=(542.071 - 476.197) / 542.071
=12.15 %

* 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 12.15% mean?
Primeserv Group (JSE:PMV) has a Gross Margin % of 12.15% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Primeserv Group and its competitors. This is near median its historical median of 12.91. Over the past decade, Primeserv Group's Gross Margin % has ranged from 11.27 to 17.48. According to the industry distribution chart, Primeserv Group ranks #902 out of 1007 companies in the Business Services industry, placing it in the top 89.6%.
Is Primeserv Group's Gross Margin % too high?
Primeserv Group's current Gross Margin % of 12.15% is near median its 10-year median of 12.91. Over the past 10 years, this metric has ranged from a low of 11.27 to a high of 17.48. The Business Services industry median Gross Margin % is 34.50. Primeserv Group's value of 12.15% is 64.8% below this industry median. Based on the distribution chart, Primeserv Group ranks #902 out of 1007 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Primeserv Group has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primeserv Group's Gross Margin % compare to KFY and RHI?
According to the Business Services industry distribution chart, Primeserv Group ranks #902 out of 1007 companies for Gross Margin %. This places Primeserv Group in the lower half of its industry. The industry median Gross Margin % is 34.50. Primeserv Group's value of 12.15% is 64.8% below this benchmark. Historically, Primeserv Group's own Gross Margin % has ranged from 11.27 to 17.48 over the past decade. While the company's 10-year median is 12.91 vs. the industry median of 34.50, Primeserv Group has consistently been below 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.50, based on 1,007 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. Primeserv Group's current Gross Margin % of 12.15% is 64.8% below 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 Primeserv Group and its competitors. For the Business Services industry, the median Gross Margin % is 34.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primeserv Group's current Gross Margin % is 12.15%, which is near median its own 10-year median of 12.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primeserv Group stock overvalued right now?
Based on GuruFocus' analysis, Primeserv Group (JSE:PMV) is currently considered Modestly Overvalued. The stock's GF Value™ is R2.18, compared to a current price of R2.75 — trading 26.1% above its estimated fair value. The current Gross Margin % is 12.15%, which is near median its 10-year median of 12.91 and 64.8% below the Business Services industry median of 34.50. Primeserv Group's overall GF Score™ is 88/100 with 2 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 Primeserv Group (JSE:PMV), the current Gross Margin % is 12.15% as of Sep. 2025. 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 Primeserv Group (JSE:PMV) Overvalued in 2026?

Based on GuruFocus' analysis, Primeserv Group stock appears to be overvalued. The current stock price of R2.75 is trading 26.1% above its estimated GF Value™ of R2.18. GuruFocus considers Primeserv Group to be Modestly Overvalued.

Key valuation signals for JSE:PMV:

  • Gross Margin %: 12.15% (near median its 10-year median of 12.91)
  • GF Value™: R2.18 vs. price of R2.75 (26.1% above fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 64.8% below the Business Services median (#902 of 1007)

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


Primeserv Group Business Description

Address 25 Rudd Road, Illovo, Sandton, Johanessburg, GT, ZAF, 2196
Primeserv Group Ltd is an investment holding company. The company focuses on business support services delivering specialized human capital management services and solutions. Its operating segment includes Integrated Business Support Services and Shared Services. The company generates maximum revenue from the Integrated Business Support Services segment. It serves various industries such as Agriculture, Automotive, Banking, Construction, Design and Draughting, Transportation, Engineering, Financial and Insurance, Food Production, Government Services, Harbours and Railways, Hospital, Nursing, Medical, Logistics and Distribution Centres, Mechanical, Mining, Paper and Pulp, Petrochemical, Pharmaceutical, Power Generation, Retail and Wholesale, Tourism, Telecoms, Warehousing, Waste Management.
88GF Score

Get the complete analysis for JSE:PMV

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

R2.75
Price
R2.18
GF Value