Premier Group (JSE:PMR) Asset Turnover: 0.64 (As of Mar. 2026)


JSE:PMR Premier Group Ltd JSE:PMR
61 GF Score
Price R194.99
GF Value R144.75
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Premier Group Asset Turnover?

Premier Group JSE:PMR -0.99% 61 Asset Turnover is 0.64 as of Mar. 2026. GuruFocus rates JSE:PMR with a GF Score™ of 61/100 and a GF Value™ of R144.75 (Significantly Overvalued). The stock has 4 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 Group's Revenue for the six months ended in Mar. 2026 was R10,875 Mil. Premier Group's Total Assets for the quarter that ended in Mar. 2026 was R16,924 Mil. Therefore, Premier Group's Asset Turnover for the quarter that ended in Mar. 2026 was 0.64.

Asset Turnover is linked to ROE % through Du Pont Formula. Premier Group's annualized ROE % for the quarter that ended in Mar. 2026 was 18.99%. It is also linked to ROA % through Du Pont Formula. Premier Group's annualized ROA % for the quarter that ended in Mar. 2026 was 9.95%.

Premier Group  (JSE:PMR) Asset Turnover Explanation

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

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

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 %

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.

* 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 Group's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1683.326/16923.5465
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1683.326 / 21749.608)*(21749.608 / 16923.5465)
=Net Margin %*Asset Turnover
=7.74 %*1.2852
=9.95 %

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.

* 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 Group Asset Turnover Related Terms

Premier Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for Premier Group'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 Group Asset Turnover Chart

Premier Group Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Asset Turnover
1.68 1.76 1.82 1.26

Premier Group Semi-Annual Data
Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Asset Turnover Get a 7-Day Free Trial 0.89 0.91 0.91 0.89 0.64

JSE:PMR vs KR, SFM: Asset Turnover Comparison

For the Grocery Stores subindustry, Premier Group'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 Group Asset Turnover vs Retail - Defensive Industry

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

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


JSE:PMR
61GF Score
Premier Group Ltd JSE:PMR
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Premier Group Asset Turnover Calculation

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

Premier Group's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=21192.328/( (11466.937+22052.653)/ 2 )
=21192.328/16759.795
=1.26

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=10874.804/( (11794.44+22052.653)/ 2 )
=10874.804/16923.5465
=0.64

* 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 0.64 mean?
Premier Group (JSE:PMR) has a Asset Turnover of 0.64 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Premier Group and its competitors.
Is Premier Group's Asset Turnover too high?
Premier Group's current Asset Turnover is 0.64. 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 Asset Turnover compare to KR and SFM?
Premier Group's Asset Turnover of 0.64 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 Asset Turnover for a Retail - Defensive company?
A good Asset Turnover depends on the Retail - Defensive 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 Group and its competitors. Premier Group's current Asset Turnover is 0.64. 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 R144.75, compared to a current price of R194.99 — trading 34.7% above its estimated fair value. The current Asset Turnover is 0.64. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Premier Group (JSE:PMR), the current Asset Turnover is 0.64 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 R194.99 is trading 34.7% above its estimated GF Value™ of R144.75. GuruFocus considers Premier Group to be Significantly Overvalued.

Key valuation signals for JSE:PMR:

  • Asset Turnover: 0.64
  • GF Value™: R144.75 vs. price of R194.99 (34.7% 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

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

R194.99
Price
R144.75
GF Value