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Primeserv GroupJSE:PMV 84 Net Current Asset Value is R2.45 as of Sep. 2025, which is 100% below its 10-year median of 0.64. GuruFocus rates JSE:PMV with a GF Score™ of 84/100 and a GF Value™ of R2.19 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 626 Business Services companies, Primeserv Group ranks better than 87.86% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Primeserv Group's net current asset value per share for the quarter that ended in Sep. 2025 was R2.45.
The historical rank and industry rank for Primeserv Group's Net Current Asset Value or its related term are showing as below:
JSE:PMV'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.41 Med: 0.64 Max: 1.21
Current: 1.2
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Primeserv Group was 1.21. The lowest was 0.41. And the median was 0.64.
JSE:PMV's Price-to-Net-Current-Asset-Value is ranked better than 87.86% of 626
companies
in the Business Services industry
Industry Median: 3.7
vs JSE:PMV: 1.20
Primeserv Group (JSE:PMV) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Primeserv Group Net Current Asset Value Related Terms
Primeserv Group Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Primeserv Group's Net Current Asset Value 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.
JSE:PMV vs KFY, RHI, TNET: Net Current Asset Value Comparison
For the Staffing & Employment Services subindustry, Primeserv Group's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value vs Business Services Industry
For the Business Services industry and Industrials sector, Primeserv Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Primeserv Group's Price-to-Net-Current-Asset-Value falls into.
* 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.
What does a Net Current Asset Value of R2.45 mean?
Primeserv Group (JSE:PMV) has a Net Current Asset Value of R2.45 as of Sep. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Primeserv Group and its competitors. This is 283% above median its historical median of 0.64. Over the past decade, Primeserv Group's Net Current Asset Value has ranged from 0.41 to 1.21. According to the industry distribution chart, Primeserv Group ranks #76 out of 626 companies in the Business Services industry, placing it in the top 12.1%.
Is Primeserv Group's Net Current Asset Value too high?
Primeserv Group's current Net Current Asset Value of R2.45 is 283% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.21. Based on the distribution chart, Primeserv Group ranks #76 out of 626 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Primeserv Group has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primeserv Group's Net Current Asset Value compare to KFY and RHI?
According to the Business Services industry distribution chart, Primeserv Group ranks #76 out of 626 companies for Net Current Asset Value. This places Primeserv Group in the top 12% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.70. Historically, Primeserv Group's own Net Current Asset Value has ranged from 0.41 to 1.21 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Business Services company?
The median Net Current Asset Value among Business Services companies is 3.70, based on 626 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Primeserv Group and its competitors. For the Business Services industry, the median Net Current Asset Value is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primeserv Group's current Net Current Asset Value is R2.45, which is 283% above median its own 10-year median of 0.64. 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 Significantly Overvalued. The stock's GF Value™ is R2.19, compared to a current price of R2.94 — trading 34.2% above its estimated fair value. The current Net Current Asset Value is R2.45, which is 283% above median its 10-year median of 0.64. Primeserv Group's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Primeserv Group (JSE:PMV), the current Net Current Asset Value is R2.45 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 R2.94 is trading 34.2% above its estimated GF Value™ of R2.19.
GuruFocus considers Primeserv Group to be Significantly Overvalued.
Key valuation signals for JSE:PMV:
Net Current Asset Value: R2.45 (283% above median its 10-year median of 0.64)
GF Value™: R2.19 vs. price of R2.94 (34.2% above fair value)
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 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.
84GF Score
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