Premier Group (JSE:PMR) Scaled Net Operating Assets: 1.28 (As of Mar. 2026)


JSE:PMR Premier Group Ltd JSE:PMR
61 GF Score
Price R196.00
GF Value R145.00
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Premier Group Scaled Net Operating Assets?

Premier Group JSE:PMR +0.65% 61 Scaled Net Operating Assets is 1.28 as of Mar. 2026. GuruFocus rates JSE:PMR with a GF Score™ of 61/100 and a GF Value™ of R145.00 (Significantly Overvalued). The stock has 4 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 Group's operating assets for the quarter that ended in Mar. 2026 was R21,380 Mil. Premier Group's operating liabilities for the quarter that ended in Mar. 2026 was R6,283 Mil. Premier Group's Total Assets for the quarter that ended in Sep. 2025 was R11,794 Mil. Therefore, Premier Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.28.

Premier Group Scaled Net Operating Assets Historical Data

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

Premier Group Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
0.64 0.61 0.71 1.32

Premier Group Semi-Annual Data
Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial 0.00 0.69 0.67 0.67 1.28

JSE:PMR vs KR, SFM: Scaled Net Operating Assets Comparison

For the Grocery Stores subindustry, Premier Group'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 Group Scaled Net Operating Assets vs Retail - Defensive Industry

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

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


JSE:PMR
61GF Score
Premier Group Ltd JSE:PMR
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Premier Group 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 Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(21379.839-6282.948)/11466.937
=1.32

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=22052.653 - 672.814
=21379.839

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9771.967 - 2040.378 - 1448.641
=6282.948

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

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Sep. 2025 )
=(21379.839-6282.948)/11794.44
=1.28

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=22052.653 - 672.814
=21379.839

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9771.967 - 2040.378 - 1448.641
=6282.948

* 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 1.28 mean?
Premier Group (JSE:PMR) has a Scaled Net Operating Assets of 1.28 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Premier Group and its competitors.
Is Premier Group's Scaled Net Operating Assets too high?
Premier Group's current Scaled Net Operating Assets is 1.28. Overall, Premier Group has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premier Group's Scaled Net Operating Assets compare to KR and SFM?
Premier Group's Scaled Net Operating Assets of 1.28 can be compared against companies in the Retail - Defensive 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 - Defensive company?
A good Scaled Net Operating Assets depends on the Retail - Defensive 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 Group and its competitors. Premier Group's current Scaled Net Operating Assets is 1.28. 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 R145.00, compared to a current price of R196.00 — trading 35.2% above its estimated fair value. The current Scaled Net Operating Assets is 1.28. Premier Group's overall GF Score™ is 61/100 with 4 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 Group (JSE:PMR), the current Scaled Net Operating Assets is 1.28 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 R196.00 is trading 35.2% above its estimated GF Value™ of R145.00. GuruFocus considers Premier Group to be Significantly Overvalued.

Key valuation signals for JSE:PMR:

  • Scaled Net Operating Assets: 1.28
  • GF Value™: R145.00 vs. price of R196.00 (35.2% above fair value)
  • GF Score™: 61/100 with 4 warning signs

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.
61GF Score

Get the complete analysis for JSE:PMR

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

R196.00
Price
R145.00
GF Value