PASMF (Premier Miton Group) Operating Income: $2.57 Mil (TTM As of Mar. 2026)

What is Premier Miton Group Operating Income?

Premier Miton Group PASMF 39 Operating Income is $2.57 Mil as of Mar. 2026. GuruFocus rates PASMF with a GF Score™ of 39/100 and a GF Value™ of $1.56. The stock has 5 warning signs investors should review.

Premier Miton Group's Operating Income for the six months ended in Mar. 2026 was $-0.71 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $2.57 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Premier Miton Group's Operating Income for the six months ended in Mar. 2026 was $-0.71 Mil. Premier Miton Group's Revenue for the six months ended in Mar. 2026 was $35.89 Mil. Therefore, Premier Miton Group's Operating Margin % for the quarter that ended in Mar. 2026 was -1.99%.

Warning Sign:

Premier Miton Group PLC operating margin has been in a 5-year decline. The average rate of decline per year is -26.7%.

Premier Miton Group's 5-Year average Growth Rate for Operating Margin % was -26.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Premier Miton Group's annualized ROC % for the quarter that ended in Mar. 2026 was -1.16%. Premier Miton Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -36.28%.

Premier Miton Group (OTCPK:PASMF) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Premier Miton Group's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	-1.426 * ( 1 - 0% )	/	( (129.989	+	115.683)	/ 2 )
=	-1.426	/	122.836
=	-1.16 %

where

	Invested Capital		(Q: Sep. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	300.507	-	131.939	-	( 42.246	-	max(0, 142.968	-	181.547	+	42.246	))
=	129.989

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	291.871	-	143.177	-	( 33.011	-	max(0, 143.917	-	178.904	+	33.011	))
=	115.683

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Premier Miton Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.426	/	( ( (2.815 + max(-129.838, 0))	+	(2.331 + max(2.716, 0)) )	/	2 )
=	-1.426	/	( ( 2.815	+	5.047 )	/	2 )
=	-1.426	/	3.931
=	-36.28 %

where Working Capital is:

	Working Capital		(Q: Sep. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(8.391	+	0	+	4.009)	-	(131.939	+	0	+	10.299)
=	-129.838

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(145.893	+	0	+	0)	-	(143.177	+	0	+	0)
=	2.716

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Premier Miton Group's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %	=	Operating Income (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	-0.713	/	35.893
	=	-1.99 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

Premier Miton Group Operating Income Related Terms

Premier Miton Group Operating Income Historical Data

* Premium members only.

The historical data trend for Premier Miton Group's Operating Income can be seen below:

Premier Miton Group Operating Income Chart

Premier Miton Group Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

Operating Income

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25.93

16.97

7.43

3.83

4.86

Premier Miton Group Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
Operating Income	Get a 7-Day Free Trial															0.96	2.83	1.51	3.28	-0.71

39GF Score

Premier Miton Group PLC PASMF

Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.

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Premier Miton Group Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2.57 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of $2.57 Mil mean?

Premier Miton Group (PASMF) has a Operating Income of $2.57 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Premier Miton Group and its competitors.

Is Premier Miton Group's Operating Income too high?

Premier Miton Group's current Operating Income is $2.57 Mil. Overall, Premier Miton Group has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.

How does Premier Miton Group's Operating Income compare to BLK and BX?

Premier Miton Group's Operating Income of $2.57 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Operating Income for an Asset Management company?

A good Operating Income depends on the Asset Management industry context. However, Operating Income 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 Operating Income mean?

A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Premier Miton Group and its competitors. Premier Miton Group's current Operating Income is $2.57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Premier Miton Group stock overvalued right now?

Premier Miton Group (PASMF) has a current Operating Income of $2.57 Mil. The stock's GF Value™ is $1.56, compared to a current price of $1.32 — trading 15.4% below its estimated fair value. The current Operating Income is $2.57 Mil. Premier Miton Group's overall GF Score™ is 39/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Operating Income calculated?

Operating Income is calculated from a company's financial statements. For Premier Miton Group (PASMF), the current Operating Income is $2.57 Mil 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 Miton Group (PASMF) Overvalued in 2026?

Based on GuruFocus' analysis, Premier Miton Group stock appears to be undervalued. The current stock price of $1.32 is trading 15.4% below its estimated GF Value™ of $1.56.

Key valuation signals for PASMF:

Operating Income: $2.57 Mil
GF Value™: $1.56 vs. price of $1.32 (15.4% below fair value)
GF Score™: 39/100 with 5 warning signs

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

Premier Miton Group Business Description

Industry Financial Services Asset Management

Comparable Companies LSE:FEN LSE:ANIC LSE:TMT LSE:LIV LSE:CTHT LSE:CRS LSE:ESO LSE:VNH LSE:OSEC LSE:MIG3 BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT AMP LSE:III

Other Exchanges PMI:UK

Address 65 Saint Paul's Churchyard, Paternoster House, London, GBR, EC4M 8AB

Website https://www.premiermiton.com

Premier Miton Group PLC is focused on delivering good investment outcomes for investors through relevant products and active management. The company's investment capabilities are designed to meet the investment objectives and preferences of different clients and cover a broad range of multi-asset, equity, absolute return, and fixed income investments. Its only operating segment being asset management. Majority of revenue is generated from Management fees. Revenue is derived from the UK and Channel Islands.

39GF Score

Get the complete analysis for PASMF

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

$1.32

Price

$1.56

GF Value

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