Premier Investments (ASX:PMV) Asset Turnover: 0.31 (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 Asset Turnover?

Premier Investments ASX:PMV -0.95% 74 Asset Turnover is 0.31 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Premier Investments's Revenue for the six months ended in Jan. 2026 was A$454.2 Mil. Premier Investments's Total Assets for the quarter that ended in Jan. 2026 was A$1,446.5 Mil. Therefore, Premier Investments's Asset Turnover for the quarter that ended in Jan. 2026 was 0.31.

Asset Turnover is linked to ROE % through Du Pont Formula. Premier Investments's annualized ROE % for the quarter that ended in Jan. 2026 was 20.11%. It is also linked to ROA % through Du Pont Formula. Premier Investments's annualized ROA % for the quarter that ended in Jan. 2026 was 14.06%.


Premier Investments  (ASX:PMV) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Premier Investments's annulized ROE % for the quarter that ended in Jan. 2026 is

ROE %**(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=203.388/1011.3225
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(203.388 / 908.432)*(908.432 / 1446.5355)*(1446.5355/ 1011.3225)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.39 %*0.628*1.4303
=ROA %*Equity Multiplier
=14.06 %*1.4303
=20.11 %

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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Premier Investments's annulized ROA % for the quarter that ended in Jan. 2026 is

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=203.388/1446.5355
=(Net Income / Revenue)*(Revenue / Total Assets)
=(203.388 / 908.432)*(908.432 / 1446.5355)
=Net Margin %*Asset Turnover
=22.39 %*0.628
=14.06 %

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Premier Investments Asset Turnover Related Terms


Premier Investments Asset Turnover Historical Data

* Premium members only.

The historical data trend for Premier Investments's Asset Turnover 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 Asset Turnover Chart

Premier Investments Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.65 0.68 0.63 0.41

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
Asset Turnover 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 0.35 0.28 0.18 0.18 0.31

ASX:PMV vs TJX, ROST, BURL: Asset Turnover Comparison

For the Apparel Retail subindustry, Premier Investments's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Premier Investments's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Premier Investments's Asset Turnover falls into.


ASX:PMV
74GF Score
Premier Investments Ltd ASX:PMV
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Premier Investments Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Premier Investments's Asset Turnover for the fiscal year that ended in Jul. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2025 )/( (Total Assets (A: Jul. 2024 )+Total Assets (A: Jul. 2025 ))/ count )
=817.372/( (2523.533+1434.031)/ 2 )
=817.372/1978.782
=0.41

Premier Investments's Asset Turnover for the quarter that ended in Jan. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2026 )/( (Total Assets (Q: Jul. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=454.216/( (1434.031+1459.04)/ 2 )
=454.216/1446.5355
=0.31

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.31 mean?
Premier Investments (ASX:PMV) has a Asset Turnover of 0.31 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Premier Investments and its competitors.
Is Premier Investments' Asset Turnover too high?
Premier Investments' current Asset Turnover is 0.31. 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' Asset Turnover compare to TJX and ROST?
Premier Investments' Asset Turnover of 0.31 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 Asset Turnover for a Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Premier Investments and its competitors. Premier Investments's current Asset Turnover is 0.31. 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 Asset Turnover is 0.31. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Premier Investments (ASX:PMV), the current Asset Turnover is 0.31 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:

  • Asset Turnover: 0.31
  • 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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Asset Turnover 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