Primeserv Group (JSE:PMV) Asset Turnover: 1.71 (As of Sep. 2025)


JSE:PMV Primeserv Group Ltd JSE:PMV
88 GF Score
Price R2.75
GF Value R2.18
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Primeserv Group Asset Turnover?

Primeserv Group JSE:PMV 88 Asset Turnover is 1.71 as of Sep. 2025. GuruFocus rates JSE:PMV with a GF Score™ of 88/100 and a GF Value™ of R2.18 (Modestly Overvalued). The stock has 2 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. Primeserv Group's Revenue for the six months ended in Sep. 2025 was R542 Mil. Primeserv Group's Total Assets for the quarter that ended in Sep. 2025 was R318 Mil. Therefore, Primeserv Group's Asset Turnover for the quarter that ended in Sep. 2025 was 1.71.

Asset Turnover is linked to ROE % through Du Pont Formula. Primeserv Group's annualized ROE % for the quarter that ended in Sep. 2025 was 13.29%. It is also linked to ROA % through Du Pont Formula. Primeserv Group's annualized ROA % for the quarter that ended in Sep. 2025 was 9.38%.

Primeserv Group  (JSE:PMV) Asset Turnover Explanation

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

Primeserv Group's annulized ROE % for the quarter that ended in Sep. 2025 is

ROE %**(Q: Sep. 2025 )
=Net Income/Total Stockholders Equity
=29.808/224.2715
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(29.808 / 1084.142)*(1084.142 / 317.809)*(317.809/ 224.2715)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.75 %*3.4113*1.4171
=ROA %*Equity Multiplier
=9.38 %*1.4171
=13.29 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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:

Primeserv Group's annulized ROA % for the quarter that ended in Sep. 2025 is

ROA %(Q: Sep. 2025 )
=Net Income/Total Assets
=29.808/317.809
=(Net Income / Revenue)*(Revenue / Total Assets)
=(29.808 / 1084.142)*(1084.142 / 317.809)
=Net Margin %*Asset Turnover
=2.75 %*3.4113
=9.38 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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.

Primeserv Group Asset Turnover Related Terms

Primeserv Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for Primeserv 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.

Primeserv Group Asset Turnover Chart

Primeserv Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.19 3.34 3.34 3.60 3.64

Primeserv Group Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 1.80 1.84 1.80 1.85 1.71

JSE:PMV vs KFY, RHI, TNET: Asset Turnover Comparison

For the Staffing & Employment Services subindustry, Primeserv 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.

Primeserv Group Asset Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Primeserv Group's Asset Turnover distribution charts can be found below:

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


JSE:PMV
88GF Score
Primeserv Group Ltd JSE:PMV
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Primeserv Group Asset Turnover Calculation

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

Primeserv Group's Asset Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=1074.284/( (281.042+309.892)/ 2 )
=1074.284/295.467
=3.64

Primeserv Group's Asset Turnover for the quarter that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2025 )/( (Total Assets (Q: Mar. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=542.071/( (309.892+325.726)/ 2 )
=542.071/317.809
=1.71

* 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 1.71 mean?
Primeserv Group (JSE:PMV) has a Asset Turnover of 1.71 as of Sep. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Primeserv Group and its competitors.
Is Primeserv Group's Asset Turnover too high?
Primeserv Group's current Asset Turnover is 1.71. Overall, Primeserv Group has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primeserv Group's Asset Turnover compare to KFY and RHI?
Primeserv Group's Asset Turnover of 1.71 can be compared against companies in the Business Services 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 Business Services company?
A good Asset Turnover depends on the Business Services 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 Primeserv Group and its competitors. Primeserv Group's current Asset Turnover is 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primeserv Group stock overvalued right now?
Based on GuruFocus' analysis, Primeserv Group (JSE:PMV) is currently considered Modestly Overvalued. The stock's GF Value™ is R2.18, compared to a current price of R2.75 — trading 26.1% above its estimated fair value. The current Asset Turnover is 1.71. Primeserv Group's overall GF Score™ is 88/100 with 2 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 Primeserv Group (JSE:PMV), the current Asset Turnover is 1.71 as of Sep. 2025. 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 Primeserv Group (JSE:PMV) Overvalued in 2026?

Based on GuruFocus' analysis, Primeserv Group stock appears to be overvalued. The current stock price of R2.75 is trading 26.1% above its estimated GF Value™ of R2.18. GuruFocus considers Primeserv Group to be Modestly Overvalued.

Key valuation signals for JSE:PMV:

  • Asset Turnover: 1.71
  • GF Value™: R2.18 vs. price of R2.75 (26.1% above fair value)
  • GF Score™: 88/100 with 2 warning signs

No single metric tells the full story. See the JSE:PMV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Primeserv Group Business Description

Address 25 Rudd Road, Illovo, Sandton, Johanessburg, GT, ZAF, 2196
Primeserv Group Ltd is an investment holding company. The company focuses on business support services delivering specialized human capital management services and solutions. Its operating segment includes Integrated Business Support Services and Shared Services. The company generates maximum revenue from the Integrated Business Support Services segment. It serves various industries such as Agriculture, Automotive, Banking, Construction, Design and Draughting, Transportation, Engineering, Financial and Insurance, Food Production, Government Services, Harbours and Railways, Hospital, Nursing, Medical, Logistics and Distribution Centres, Mechanical, Mining, Paper and Pulp, Petrochemical, Pharmaceutical, Power Generation, Retail and Wholesale, Tourism, Telecoms, Warehousing, Waste Management.
88GF Score

Get the complete analysis for JSE:PMV

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

R2.75
Price
R2.18
GF Value