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Premier GroupJSE:PMR +0.61%60 Return-on-Tangible-Equity is 31.90% as of Mar. 2026, which is 22% below its 10-year median of 40.97. GuruFocus rates JSE:PMR with a GF Score™ of 60/100 and a GF Value™ of R146.09 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 301 Retail - Defensive companies, Premier Group ranks better than 80.73% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Premier Group's annualized net income for the quarter that ended in Mar. 2026 was R1,683 Mil. Premier Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R5,277 Mil. Therefore, Premier Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 31.90%.
The historical rank and industry rank for Premier Group's Return-on-Tangible-Equity or its related term are showing as below:
JSE:PMR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 30.62 Med: 40.97 Max: 46.28
Current: 33.54
During the past 5 years, Premier Group's highest Return-on-Tangible-Equity was 46.28%. The lowest was 30.62%. And the median was 40.97%.
JSE:PMR's Return-on-Tangible-Equity is ranked better than 80.73% of 301
companies
in the Retail - Defensive industry
Industry Median: 11.18
vs JSE:PMR: 33.54
Premier Group (JSE:PMR) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Premier Group Return-on-Tangible-Equity Related Terms
Premier Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Premier Group's Return-on-Tangible-Equity 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-Equity Comparison
For the Grocery Stores subindustry, Premier Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Premier Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Premier Group's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 31.90% mean?
Premier Group (JSE:PMR) has a Return-on-Tangible-Equity of 31.90% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Premier Group and its competitors. This is 22% below median its historical median of 40.97. Over the past decade, Premier Group's Return-on-Tangible-Equity has ranged from 30.62 to 46.28. According to the industry distribution chart, Premier Group ranks #58 out of 301 companies in the Retail - Defensive industry, placing it in the top 19.3%.
Is Premier Group's Return-on-Tangible-Equity too high?
Premier Group's current Return-on-Tangible-Equity of 31.90% is 22% below median its 10-year median of 40.97. Over the past 10 years, this metric has ranged from a low of 30.62 to a high of 46.28. The Retail - Defensive industry median Return-on-Tangible-Equity is 11.18. Premier Group's value of 31.90% is 185.3% above this industry median. Based on the distribution chart, Premier Group ranks #58 out of 301 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 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premier Group's Return-on-Tangible-Equity compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Premier Group ranks #58 out of 301 companies for Return-on-Tangible-Equity. This places Premier Group in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.18. Premier Group's value of 31.90% is 185.3% above this benchmark. Historically, Premier Group's own Return-on-Tangible-Equity has ranged from 30.62 to 46.28 over the past decade. While the company's 10-year median is 40.97 vs. the industry median of 11.18, 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-Equity for a Retail - Defensive company?
The median Return-on-Tangible-Equity among Retail - Defensive companies is 11.18, based on 301 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Premier Group's current Return-on-Tangible-Equity of 31.90% is 185.3% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Premier Group and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Equity is 11.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premier Group's current Return-on-Tangible-Equity is 31.90%, which is 22% below median its own 10-year median of 40.97. 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 Significantly Overvalued. The stock's GF Value™ is R146.09, compared to a current price of R195.23 — trading 33.6% above its estimated fair value. The current Return-on-Tangible-Equity is 31.90%, which is 22% below median its 10-year median of 40.97 and 185.3% above the Retail - Defensive industry median of 11.18. Premier Group's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Premier Group (JSE:PMR), the current Return-on-Tangible-Equity is 31.90% 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 R195.23 is trading 33.6% above its estimated GF Value™ of R146.09.
GuruFocus considers Premier Group to be Significantly Overvalued.
Key valuation signals for JSE:PMR:
Return-on-Tangible-Equity: 31.90% (22% below median its 10-year median of 40.97)
GF Value™: R146.09 vs. price of R195.23 (33.6% above fair value)
Industry Position: 185.3% above the Retail - Defensive median (#58 of 301)
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.
60GF Score
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