Premier Group (JSE:PMR) ROC (Joel Greenblatt) %: 31.53% (As of Mar. 2026) — Near Median

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JSE:PMR Premier Group Ltd JSE:PMR
58 GF Score
Price R178.04
GF Value R151.77
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Premier Group ROC (Joel Greenblatt) %?

Premier Group JSE:PMR +0.16% 58 ROC (Joel Greenblatt) % is 31.53% as of Mar. 2026, which is 5% above its 10-year median of 30.01. GuruFocus rates JSE:PMR with a GF Score™ of 58/100 and a GF Value™ of R151.77 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 310 Retail - Defensive companies, Premier Group ranks better than 84.19% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Premier Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.53%.

The historical rank and industry rank for Premier Group's ROC (Joel Greenblatt) % or its related term are showing as below:

JSE:PMR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.71   Med: 30.01   Max: 35.14
Current: 32.59

During the past 5 years, Premier Group's highest ROC (Joel Greenblatt) % was 35.14%. The lowest was 15.71%. And the median was 30.01%.

JSE:PMR's ROC (Joel Greenblatt) % is ranked better than
84.19% of 310 companies
in the Retail - Defensive industry
Industry Median: 13.545 vs JSE:PMR: 32.59

Premier Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Premier Group  (JSE:PMR) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Premier Group ROC (Joel Greenblatt) % Related Terms


Premier Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Premier Group's ROC (Joel Greenblatt) % 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.

Premier Group ROC (Joel Greenblatt) % Chart

Premier Group Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
15.71 25.92 30.01 35.14 30.09

Premier Group Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial 31.49 34.27 34.52 37.40 31.53

JSE:PMR vs KR, SFM: ROC (Joel Greenblatt) % Comparison

For the Grocery Stores subindustry, Premier Group's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Premier Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Premier Group's ROC (Joel Greenblatt) % falls into.


JSE:PMR
58GF Score
Premier Group Ltd JSE:PMR
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Premier Group ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1894.149 + 2269.358 + 250.908) - (1809.958 + 0 + 1223.85)
=1380.607

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2903.377 + 4497.224 + 553.868) - (3107.571 + 0 + 1958.457)
=2888.441

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Premier Group for the quarter that ended in Mar. 2026 can be restated 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 )
=2583.864/( ( (4786.092 + max(1380.607, 0)) + (7337.218 + max(2888.441, 0)) )/ 2 )
=2583.864/( ( 6166.699 + 10225.659 )/ 2 )
=2583.864/8196.179
=31.53 %

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

What does a ROC (Joel Greenblatt) % of 31.53% mean?
Premier Group (JSE:PMR) has a ROC (Joel Greenblatt) % of 31.53% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Premier Group and its competitors. This is near median its historical median of 30.01. Over the past decade, Premier Group's ROC (Joel Greenblatt) % has ranged from 15.71 to 35.14. According to the industry distribution chart, Premier Group ranks #49 out of 310 companies in the Retail - Defensive industry, placing it in the top 15.8%.
Is Premier Group's ROC (Joel Greenblatt) % too high?
Premier Group's current ROC (Joel Greenblatt) % of 31.53% is near median its 10-year median of 30.01. Over the past 10 years, this metric has ranged from a low of 15.71 to a high of 35.14. The Retail - Defensive industry median ROC (Joel Greenblatt) % is 13.55. Premier Group's value of 31.53% is 132.8% above this industry median. Based on the distribution chart, Premier Group ranks #49 out of 310 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 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premier Group's ROC (Joel Greenblatt) % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Premier Group ranks #49 out of 310 companies for ROC (Joel Greenblatt) %. This places Premier Group in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 13.55. Premier Group's value of 31.53% is 132.8% above this benchmark. Historically, Premier Group's own ROC (Joel Greenblatt) % has ranged from 15.71 to 35.14 over the past decade. While the company's 10-year median is 30.01 vs. the industry median of 13.55, 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 ROC (Joel Greenblatt) % for a Retail - Defensive company?
The median ROC (Joel Greenblatt) % among Retail - Defensive companies is 13.55, based on 310 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Premier Group's current ROC (Joel Greenblatt) % of 31.53% is 132.8% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Premier Group and its competitors. For the Retail - Defensive industry, the median ROC (Joel Greenblatt) % is 13.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premier Group's current ROC (Joel Greenblatt) % is 31.53%, which is near median its own 10-year median of 30.01. 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 R151.77, compared to a current price of R178.04 — trading 17.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 31.53%, which is near median its 10-year median of 30.01 and 132.8% above the Retail - Defensive industry median of 13.55. Premier Group's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Premier Group (JSE:PMR), the current ROC (Joel Greenblatt) % is 31.53% 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 R178.04 is trading 17.3% above its estimated GF Value™ of R151.77. GuruFocus considers Premier Group to be Modestly Overvalued.

Key valuation signals for JSE:PMR:

  • ROC (Joel Greenblatt) %: 31.53% (near median its 10-year median of 30.01)
  • GF Value™: R151.77 vs. price of R178.04 (17.3% above fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 132.8% above the Retail - Defensive median (#49 of 310)

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 Business Description

Address Maxwell Office Park, Building 5, Magwa Crescent West, Isando, ZAF, 1600
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.
58GF Score

Get the complete analysis for JSE:PMR

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R178.04
Price
R151.77
GF Value