Premier Investments (ASX:PMV) Scaled Net Operating Assets: 0.63 (As of Jan. 2026)


ASX:PMV Premier Investments Ltd ASX:PMV
74 GF Score
Price A$14.65
GF Value A$12.00
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Premier Investments Scaled Net Operating Assets?

Premier Investments ASX:PMV -0.95% 74 Scaled Net Operating Assets is 0.63 as of Jan. 2026. GuruFocus rates ASX:PMV with a GF Score™ of 74/100 and a GF Value™ of A$12.00 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Premier Investments's operating assets for the quarter that ended in Jan. 2026 was A$1,099.0 Mil. Premier Investments's operating liabilities for the quarter that ended in Jan. 2026 was A$196.6 Mil. Premier Investments's Total Assets for the quarter that ended in Jul. 2025 was A$1,434.0 Mil. Therefore, Premier Investments's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.63.

Premier Investments Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Premier Investments's Scaled Net Operating Assets 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 Investments Scaled Net Operating Assets Chart

Premier Investments Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.66 0.79 0.74 0.37

Premier Investments Semi-Annual Data
Jan16 Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.72 0.28 0.35 0.63

ASX:PMV vs TJX, ROST, BURL: Scaled Net Operating Assets Comparison

For the Apparel Retail subindustry, Premier Investments's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Premier Investments's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Premier Investments's Scaled Net Operating Assets falls into.


ASX:PMV
74GF Score
Premier Investments Ltd ASX:PMV
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Premier Investments Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Premier Investments's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2025 )
=(Operating Assets (A: Jul. 2025 )-Operating Liabilities (A: Jul. 2025 ))/Total Assets (A: Jul. 2024 )
=(1100.694-180.338)/2523.533
=0.36

where

Operating Assets(A: Jul. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1434.031 - 333.337
=1100.694

Operating Liabilities(A: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=432.096 - 188.605 - 63.153
=180.338

Premier Investments's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Jul. 2025 )
=(1098.979-196.563)/1434.031
=0.63

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1459.04 - 360.061
=1098.979

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=438.33 - 177.094 - 64.673
=196.563

* 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 Scaled Net Operating Assets of 0.63 mean?
Premier Investments (ASX:PMV) has a Scaled Net Operating Assets of 0.63 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Premier Investments and its competitors.
Is Premier Investments' Scaled Net Operating Assets too high?
Premier Investments' current Scaled Net Operating Assets is 0.63. Overall, Premier Investments has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premier Investments' Scaled Net Operating Assets compare to TJX and ROST?
Premier Investments' Scaled Net Operating Assets of 0.63 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Premier Investments and its competitors. Premier Investments's current Scaled Net Operating Assets is 0.63. 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$12.00, compared to a current price of A$14.65 — trading 22.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.63. Premier Investments' overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Premier Investments (ASX:PMV), the current Scaled Net Operating Assets is 0.63 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$14.65 is trading 22.1% above its estimated GF Value™ of A$12.00. GuruFocus considers Premier Investments to be Modestly Overvalued.

Key valuation signals for ASX:PMV:

  • Scaled Net Operating Assets: 0.63
  • GF Value™: A$12.00 vs. price of A$14.65 (22.1% above fair value)
  • GF Score™: 74/100 with 5 warning signs

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 Business Description

Address 417 St Kilda Road, Level 7, Melbourne, VIC, AUS, 3004
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.
74GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$14.65
Price
A$12.00
GF Value