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Primeserv GroupJSE:PMV +9.26%86 Return-on-Tangible-Asset is 10.24% as of Sep. 2025, which is 7% below its 10-year median of 11.04. GuruFocus rates JSE:PMV with a GF Score™ of 86/100 and a GF Value™ of R2.21 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,094 Business Services companies, Primeserv Group ranks better than 81.44% 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. Primeserv Group's annualizedNet Income for the quarter that ended in Sep. 2025 was R30 Mil. Primeserv Group's average total tangible assets for the quarter that ended in Sep. 2025 was R291 Mil. Therefore, Primeserv Group's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was 10.24%.
The historical rank and industry rank for Primeserv Group's Return-on-Tangible-Asset or its related term are showing as below:
JSE:PMV'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.35 Med: 11.04 Max: 13.39
Current: 11.75
During the past 13 years, Primeserv Group's highest Return-on-Tangible-Asset was 13.39%. The lowest was 4.35%. And the median was 11.04%.
JSE:PMV's Return-on-Tangible-Asset is ranked better than 81.44% of 1094
companies
in the Business Services industry
Industry Median: 3.98
vs JSE:PMV: 11.75
Primeserv Group (JSE:PMV) 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.
Primeserv Group Return-on-Tangible-Asset Related Terms
Primeserv Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Primeserv 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:PMV vs KFY, RHI, TNET: Return-on-Tangible-Asset Comparison
For the Staffing & Employment Services subindustry, Primeserv 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.
Primeserv Group Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Primeserv Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Primeserv 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 (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of 10.24% mean?
Primeserv Group (JSE:PMV) has a Return-on-Tangible-Asset of 10.24% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Primeserv Group and its competitors. This is near median its historical median of 11.04. Over the past decade, Primeserv Group's Return-on-Tangible-Asset has ranged from 4.35 to 13.39. According to the industry distribution chart, Primeserv Group ranks #203 out of 1094 companies in the Business Services industry, placing it in the top 18.6%.
Is Primeserv Group's Return-on-Tangible-Asset too high?
Primeserv Group's current Return-on-Tangible-Asset of 10.24% is near median its 10-year median of 11.04. Over the past 10 years, this metric has ranged from a low of 4.35 to a high of 13.39. The Business Services industry median Return-on-Tangible-Asset is 3.98. Primeserv Group's value of 10.24% is 157.3% above this industry median. Based on the distribution chart, Primeserv Group ranks #203 out of 1094 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 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primeserv Group's Return-on-Tangible-Asset compare to KFY and RHI?
According to the Business Services industry distribution chart, Primeserv Group ranks #203 out of 1094 companies for Return-on-Tangible-Asset. This places Primeserv Group in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.98. Primeserv Group's value of 10.24% is 157.3% above this benchmark. Historically, Primeserv Group's own Return-on-Tangible-Asset has ranged from 4.35 to 13.39 over the past decade. While the company's 10-year median is 11.04 vs. the industry median of 3.98, Primeserv 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.98, based on 1,094 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. Primeserv Group's current Return-on-Tangible-Asset of 10.24% is 157.3% 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 Primeserv Group and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primeserv Group's current Return-on-Tangible-Asset is 10.24%, which is near median its own 10-year median of 11.04. 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 R2.21, compared to a current price of R2.95 — trading 33.5% above its estimated fair value. The current Return-on-Tangible-Asset is 10.24%, which is near median its 10-year median of 11.04 and 157.3% above the Business Services industry median of 3.98. Primeserv Group's overall GF Score™ is 86/100 with 2 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 Primeserv Group (JSE:PMV), the current Return-on-Tangible-Asset is 10.24% 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 R2.95 is trading 33.5% above its estimated GF Value™ of R2.21.
GuruFocus considers Primeserv Group to be Significantly Overvalued.
Key valuation signals for JSE:PMV:
Return-on-Tangible-Asset: 10.24% (near median its 10-year median of 11.04)
GF Value™: R2.21 vs. price of R2.95 (33.5% above fair value)
Industry Position: 157.3% above the Business Services median (#203 of 1094)
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.
86GF Score
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