Premier Group (JSE:PMR) ROE %: 18.99% (As of Mar. 2026) — 24% Below Median


JSE:PMR Premier Group Ltd JSE:PMR
57 GF Score
Price R195.00
GF Value R143.97
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Premier Group ROE %?

Premier Group JSE:PMR +1.23% 57 ROE % is 18.99% as of Mar. 2026, which is 24% below its 10-year median of 24.87. GuruFocus rates JSE:PMR with a GF Score™ of 57/100 and a GF Value™ of R143.97 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 304 Retail - Defensive companies, Premier Group ranks better than 83.22% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Premier Group's annualized net income for the quarter that ended in Mar. 2026 was R1,683 Mil. Premier Group's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was R8,862 Mil. Therefore, Premier Group's annualized ROE % for the quarter that ended in Mar. 2026 was 18.99%.

The historical rank and industry rank for Premier Group's ROE % or its related term are showing as below:

JSE:PMR' s ROE % Range Over the Past 10 Years
Min: 17.95   Med: 24.87   Max: 25.93
Current: 20.5

During the past 4 years, Premier Group's highest ROE % was 25.93%. The lowest was 17.95%. And the median was 24.87%.

JSE:PMR's ROE % is ranked better than
83.22% of 304 companies
in the Retail - Defensive industry
Industry Median: 8.56 vs JSE:PMR: 20.50

Premier Group  (JSE:PMR) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1683.326/8862.2095
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1683.326 / 21749.608)*(21749.608 / 16923.5465)*(16923.5465 / 8862.2095)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.74 %*1.2852*1.9096
=ROA %*Equity Multiplier
=9.95 %*1.9096
=18.99 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1683.326/8862.2095
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1683.326 / 2312.492) * (2312.492 / 2452.832) * (2452.832 / 21749.608) * (21749.608 / 16923.5465) * (16923.5465 / 8862.2095)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7279 * 0.9428 * 11.28 % * 1.2852 * 1.9096
=18.99 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Premier Group ROE % Related Terms


Premier Group ROE % Historical Data

* Premium members only.

The historical data trend for Premier Group's ROE % 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 ROE % Chart

Premier Group Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROE %
24.80 24.93 25.93 17.95

Premier Group Semi-Annual Data
Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Get a 7-Day Free Trial 23.72 26.29 26.96 27.19 18.99

JSE:PMR vs KR, SFM, ACI: ROE % Comparison

For the Grocery Stores subindustry, Premier Group's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Premier Group's ROE % distribution charts can be found below:

* The bar in red indicates where Premier Group's ROE % falls into.


JSE:PMR
57GF Score
Premier Group Ltd JSE:PMR
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Premier Group ROE % Calculation

Premier Group's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=1560.774/( (5120.846+12265.826)/ 2 )
=1560.774/8693.336
=17.95 %

Premier Group's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1683.326/( (5458.593+12265.826)/ 2 )
=1683.326/8862.2095
=18.99 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 18.99% mean?
Premier Group (JSE:PMR) has a ROE % of 18.99% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Premier Group and its competitors. This is 24% below median its historical median of 24.87. Over the past decade, Premier Group's ROE % has ranged from 17.95 to 25.93. According to the industry distribution chart, Premier Group ranks #51 out of 304 companies in the Retail - Defensive industry, placing it in the top 16.8%.
Is Premier Group's ROE % too high?
Premier Group's current ROE % of 18.99% is 24% below median its 10-year median of 24.87. Over the past 10 years, this metric has ranged from a low of 17.95 to a high of 25.93. The Retail - Defensive industry median ROE % is 8.56. Premier Group's value of 18.99% is 121.8% above this industry median. Based on the distribution chart, Premier Group ranks #51 out of 304 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 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premier Group's ROE % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Premier Group ranks #51 out of 304 companies for ROE %. This places Premier Group in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 8.56. Premier Group's value of 18.99% is 121.8% above this benchmark. Historically, Premier Group's own ROE % has ranged from 17.95 to 25.93 over the past decade. While the company's 10-year median is 24.87 vs. the industry median of 8.56, 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 ROE % for a Retail - Defensive company?
The median ROE % among Retail - Defensive companies is 8.56, based on 304 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Premier Group's current ROE % of 18.99% is 121.8% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Premier Group and its competitors. For the Retail - Defensive industry, the median ROE % is 8.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premier Group's current ROE % is 18.99%, which is 24% below median its own 10-year median of 24.87. 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 R143.97, compared to a current price of R195.00 — trading 35.4% above its estimated fair value. The current ROE % is 18.99%, which is 24% below median its 10-year median of 24.87 and 121.8% above the Retail - Defensive industry median of 8.56. Premier Group's overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Premier Group (JSE:PMR), the current ROE % is 18.99% 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 R195.00 is trading 35.4% above its estimated GF Value™ of R143.97. GuruFocus considers Premier Group to be Significantly Overvalued.

Key valuation signals for JSE:PMR:

  • ROE %: 18.99% (24% below median its 10-year median of 24.87)
  • GF Value™: R143.97 vs. price of R195.00 (35.4% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 121.8% above the Retail - Defensive median (#51 of 304)

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.
57GF Score

Get the complete analysis for JSE:PMR

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R195.00
Price
R143.97
GF Value