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Premier GroupJSE:PMR +0.54%59 Return-on-Tangible-Asset is 12.62% as of Mar. 2026, which is 21% above its 10-year median of 10.42. GuruFocus rates JSE:PMR with a GF Score™ of 59/100 and a GF Value™ of R152.56 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 311 Retail - Defensive companies, Premier Group ranks better than 92.28% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Premier Group's annualizedNet Income for the quarter that ended in Mar. 2026 was R1,683 Mil. Premier Group's average total tangible assets for the quarter that ended in Mar. 2026 was R13,339 Mil. Therefore, Premier Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.62%.
The historical rank and industry rank for Premier Group's Return-on-Tangible-Asset or its related term are showing as below:
JSE:PMR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.79 Med: 10.42 Max: 13.06
Current: 12.85
During the past 5 years, Premier Group's highest Return-on-Tangible-Asset was 13.06%. The lowest was 3.79%. And the median was 10.42%.
JSE:PMR's Return-on-Tangible-Asset is ranked better than 92.28% of 311
companies
in the Retail - Defensive industry
Industry Median: 3.85
vs JSE:PMR: 12.85
Premier Group (JSE:PMR) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Premier Group Return-on-Tangible-Asset Related Terms
Premier Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Premier Group's Return-on-Tangible-Asset 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:PMR vs KR, SFM: Return-on-Tangible-Asset Comparison
For the Grocery Stores subindustry, Premier Group's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Premier Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Premier Group's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 12.62% mean?
Premier Group (JSE:PMR) has a Return-on-Tangible-Asset of 12.62% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Premier Group and its competitors. This is 21% above median its historical median of 10.42. Over the past decade, Premier Group's Return-on-Tangible-Asset has ranged from 3.79 to 13.06. According to the industry distribution chart, Premier Group ranks #24 out of 311 companies in the Retail - Defensive industry, placing it in the top 7.7%.
Is Premier Group's Return-on-Tangible-Asset too high?
Premier Group's current Return-on-Tangible-Asset of 12.62% is 21% above median its 10-year median of 10.42. Over the past 10 years, this metric has ranged from a low of 3.79 to a high of 13.06. The Retail - Defensive industry median Return-on-Tangible-Asset is 3.85. Premier Group's value of 12.62% is 227.8% above this industry median. Based on the distribution chart, Premier Group ranks #24 out of 311 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 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premier Group's Return-on-Tangible-Asset compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Premier Group ranks #24 out of 311 companies for Return-on-Tangible-Asset. This places Premier Group in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.85. Premier Group's value of 12.62% is 227.8% above this benchmark. Historically, Premier Group's own Return-on-Tangible-Asset has ranged from 3.79 to 13.06 over the past decade. While the company's 10-year median is 10.42 vs. the industry median of 3.85, 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 Return-on-Tangible-Asset for a Retail - Defensive company?
The median Return-on-Tangible-Asset among Retail - Defensive companies is 3.85, based on 311 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Premier Group's current Return-on-Tangible-Asset of 12.62% is 227.8% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Premier Group and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Asset is 3.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premier Group's current Return-on-Tangible-Asset is 12.62%, which is 21% above median its own 10-year median of 10.42. 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 Modestly Overvalued. The stock's GF Value™ is R152.56, compared to a current price of R179.70 — trading 17.8% above its estimated fair value. The current Return-on-Tangible-Asset is 12.62%, which is 21% above median its 10-year median of 10.42 and 227.8% above the Retail - Defensive industry median of 3.85. Premier Group's overall GF Score™ is 59/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Premier Group (JSE:PMR), the current Return-on-Tangible-Asset is 12.62% 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 R179.70 is trading 17.8% above its estimated GF Value™ of R152.56.
GuruFocus considers Premier Group to be Modestly Overvalued.
Key valuation signals for JSE:PMR:
Return-on-Tangible-Asset: 12.62% (21% above median its 10-year median of 10.42)
GF Value™: R152.56 vs. price of R179.70 (17.8% above fair value)
Industry Position: 227.8% above the Retail - Defensive median (#24 of 311)
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 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.
59GF Score
Get the complete analysis for JSE:PMR
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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