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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Premier InvestmentsASX:PMV -0.07%77 ROA % is 14.06% as of Jan. 2026, which is 70% above its 10-year median of 8.26. GuruFocus rates ASX:PMV with a GF Score™ of 77/100 and a GF Value™ of A$11.99 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,130 Retail - Cyclical companies, Premier Investments ranks better than 94.69% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Premier Investments's annualizedNet Income for the quarter that ended in Jan. 2026 was A$203.4 Mil.
Premier Investments's average Total Assets over the quarter that ended in Jan. 2026 was A$1,446.5 Mil. Therefore, Premier Investments's annualized ROA % for the quarter that ended in Jan. 2026 was 14.06%.
The historical rank and industry rank for Premier Investments's ROA % or its related term are showing as below:
ASX:PMV'
s ROA % Range Over the Past 10 Years
Min: 4.78 Med: 8.26 Max: 17.49
Current: 17.49
During the past 13 years, Premier Investments's highest ROA % was 17.49%. The lowest was 4.78%. And the median was 8.26%.
ASX:PMV's ROA % is ranked better than 94.69% of 1130
companies
in the Retail - Cyclical industry
Industry Median: 2.725
vs ASX:PMV: 17.49
Premier Investments (ASX:PMV) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Premier Investments ROA % Related Terms
Premier Investments ROA % Historical Data
* Premium members only.
The historical data trend for Premier Investments's ROA % 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.
For the Apparel Retail subindustry, Premier Investments's ROA %, along with its competitors' market caps and ROA % 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 Investments ROA % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Premier Investments's ROA % distribution charts can be found below:
* The bar in red indicates where Premier Investments's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Jan. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Premier Investments (ASX:PMV) has a ROA % of 14.06% as of Jan. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Premier Investments and its competitors. This is 70% above median its historical median of 8.26. Over the past decade, Premier Investments' ROA % has ranged from 4.78 to 17.49. According to the industry distribution chart, Premier Investments ranks #60 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 5.3%.
Is Premier Investments' ROA % too high?
Premier Investments' current ROA % of 14.06% is 70% above median its 10-year median of 8.26. Over the past 10 years, this metric has ranged from a low of 4.78 to a high of 17.49. The Retail - Cyclical industry median ROA % is 2.73. Premier Investments' value of 14.06% is 416% above this industry median. Based on the distribution chart, Premier Investments ranks #60 out of 1130 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Premier Investments has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premier Investments' ROA % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Premier Investments ranks #60 out of 1130 companies for ROA %. This places Premier Investments in the top 5% of its industry — outperforming the majority of peers. The industry median ROA % is 2.73. Premier Investments' value of 14.06% is 416% above this benchmark. Historically, Premier Investments' own ROA % has ranged from 4.78 to 17.49 over the past decade. While the company's 10-year median is 8.26 vs. the industry median of 2.73, Premier Investments 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 ROA % for a Retail - Cyclical company?
The median ROA % among Retail - Cyclical companies is 2.73, based on 1,130 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Premier Investments's current ROA % of 14.06% is 416% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Premier Investments and its competitors. For the Retail - Cyclical industry, the median ROA % is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premier Investments's current ROA % is 14.06%, which is 70% above median its own 10-year median of 8.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Investments stock overvalued right now?
Based on GuruFocus' analysis, Premier Investments (ASX:PMV) is currently considered Modestly Overvalued. The stock's GF Value™ is A$11.99, compared to a current price of A$14.27 — trading 19% above its estimated fair value. The current ROA % is 14.06%, which is 70% above median its 10-year median of 8.26 and 416% above the Retail - Cyclical industry median of 2.73. Premier Investments' overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Premier Investments (ASX:PMV), the current ROA % is 14.06% as of Jan. 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 Investments (ASX:PMV) Overvalued in 2026?
Based on GuruFocus' analysis, Premier Investments stock appears to be overvalued.
The current stock price of A$14.27 is trading 19% above its estimated GF Value™ of A$11.99.
GuruFocus considers Premier Investments to be Modestly Overvalued.
Key valuation signals for ASX:PMV:
ROA %: 14.06% (70% above median its 10-year median of 8.26)
GF Value™: A$11.99 vs. price of A$14.27 (19% above fair value)
Industry Position: 416% above the Retail - Cyclical median (#60 of 1130)
No single metric tells the full story. See the ASX:PMV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Premier Investments owns two global retail brands. While Smiggle has been operating outside of its core Australian and New Zealand markets for many years, the more prolific fashion brand Peter Alexander only recently entered the United Kingdom. The unique Smiggle brand retails children's stationery in Australia and overseas markets. Premier materially restructured in 2025, merging its five core apparel brands with department store Myer. It distributed its Myer equity stake to its shareholders with an in-specie capital reduction and dividend.Premier is also a significant shareholder in Australia-listed Breville Group.
77GF Score
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