Premier Investments (ASX:PMV) Policy Acquisition Expense

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:PMV Premier Investments Ltd ASX:PMV
74 GF Score
Price A$11.21
GF Value A$15.21
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Premier Investments Policy Acquisition Expense?

Policy Acquisition Expense only applies to insurance companies.

ASX:PMV
74GF Score
Premier Investments Ltd ASX:PMV
Policy Acquisition Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Premier Investments (ASX:PMV) Overvalued in 2026?

Based on GuruFocus' analysis, Premier Investments stock appears to be undervalued. The current stock price of A$11.21 is trading 26.3% below its estimated GF Value™ of A$15.21. GuruFocus considers Premier Investments to be Modestly Undervalued.

Key valuation signals for ASX:PMV:

  • Policy Acquisition Expense:
  • GF Value™: A$15.21 vs. price of A$11.21 (26.3% below fair value)
  • GF Score™: 74/100 with 4 warning signs

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

Premier Investments Business Description

Address 417 St Kilda Road, Level 7, Melbourne, VIC, AUS, 3004
Premier Investments Ltd is an Australian retail investment company. Following a major restructuring in 2025, its apparel brands, including Portmans, Just Jeans, Jacqui E, Jay Jays and Dotti, were merged into Myer Holdings via an asset merger, with Premier distributing its Myer shares to shareholders. Premier retains ownership of the Smiggle children's stationery brand, which operates company-owned stores and concessions across Australia, New Zealand, the United Kingdom, Ireland, Singapore, Malaysia and Hong Kong, plus online channels. It also owns the Peter Alexander sleepwear and lifestyle brand, which sells through Australian and New Zealand stores and online, having exited its small British store network. Revenue comes primarily from retail store and online sales of these brands. Premier additionally holds a significant equity stake in Breville Group, a listed kitchen appliance maker.
74GF Score

Get the complete analysis for ASX:PMV

Policy Acquisition Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$11.21
Price
A$15.21
GF Value