PRMY (Primary Bk) Asset Turnover: 0.04 (As of Dec. 2025)


PRMY Primary Bk PRMY
60 GF Score
Price $29.89
GF Value $25.59
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Primary Bk Asset Turnover?

Primary Bk PRMY 60 Asset Turnover is 0.04 as of Dec. 2025. GuruFocus rates PRMY with a GF Score™ of 60/100 and a GF Value™ of $25.59 (Modestly Overvalued). The stock has 3 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. Primary Bk's Revenue for the six months ended in Dec. 2025 was $29.31 Mil. Primary Bk's Total Assets for the quarter that ended in Dec. 2025 was $715.85 Mil. Therefore, Primary Bk's Asset Turnover for the quarter that ended in Dec. 2025 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Primary Bk's annualized ROE % for the quarter that ended in Dec. 2025 was 21.86%. It is also linked to ROA % through Du Pont Formula. Primary Bk's annualized ROA % for the quarter that ended in Dec. 2025 was 3.25%.

Primary Bk  (OTCPK:PRMY) Asset Turnover Explanation

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

Primary Bk's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=23.27/106.4625
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(23.27 / 58.616)*(58.616 / 715.853)*(715.853/ 106.4625)
=Net Margin %*Asset Turnover*Equity Multiplier
=39.7 %*0.0819*6.724
=ROA %*Equity Multiplier
=3.25 %*6.724
=21.86 %

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

Primary Bk's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=23.27/715.853
=(Net Income / Revenue)*(Revenue / Total Assets)
=(23.27 / 58.616)*(58.616 / 715.853)
=Net Margin %*Asset Turnover
=39.7 %*0.0819
=3.25 %

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

Primary Bk Asset Turnover Related Terms

Primary Bk Asset Turnover Historical Data

* Premium members only.

The historical data trend for Primary Bk'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.

Primary Bk Asset Turnover Chart

Primary Bk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 0.04 0.04 0.04 0.04 0.04

Primary Bk Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover Get a 7-Day Free Trial 0.04 0.04 0.04 0.04 0.04

PRMY vs TYFG, INBC, RMBI: Asset Turnover Comparison

For the Banks - Regional subindustry, Primary Bk'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.

Primary Bk Asset Turnover vs Banks Industry

For the Banks industry and Financial Services sector, Primary Bk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Primary Bk's Asset Turnover falls into.


PRMY
60GF Score
Primary Bk PRMY
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Primary Bk Asset Turnover Calculation

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

Primary Bk's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=29.308/( (708.97+722.736)/ 2 )
=29.308/715.853
=0.04

Primary Bk's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Dec. 2025 ))/ count )
=29.308/( (708.97+722.736)/ 2 )
=29.308/715.853
=0.04

* 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 0.04 mean?
Primary Bk (PRMY) has a Asset Turnover of 0.04 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Primary Bk and its competitors.
Is Primary Bk's Asset Turnover too high?
Primary Bk's current Asset Turnover is 0.04. Overall, Primary Bk has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primary Bk's Asset Turnover compare to TYFG and INBC?
Primary Bk's Asset Turnover of 0.04 can be compared against companies in the Banks 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 Banks company?
A good Asset Turnover depends on the Banks 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 Primary Bk and its competitors. Primary Bk's current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primary Bk stock overvalued right now?
Based on GuruFocus' analysis, Primary Bk (PRMY) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.59, compared to a current price of $29.89 — trading 16.8% above its estimated fair value. The current Asset Turnover is 0.04. Primary Bk's overall GF Score™ is 60/100 with 3 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 Primary Bk (PRMY), the current Asset Turnover is 0.04 as of Dec. 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 Primary Bk (PRMY) Overvalued in 2026?

Based on GuruFocus' analysis, Primary Bk stock appears to be overvalued. The current stock price of $29.89 is trading 16.8% above its estimated GF Value™ of $25.59. GuruFocus considers Primary Bk to be Modestly Overvalued.

Key valuation signals for PRMY:

  • Asset Turnover: 0.04
  • GF Value™: $25.59 vs. price of $29.89 (16.8% above fair value)
  • GF Score™: 60/100 with 3 warning signs

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

Primary Bk Business Description

Address 207 Route 101, Bedford, NH, USA, 03110
Primary Bk is a banking service provider. The services offered by the bank include online banking, mobile banking, remote deposit, cash management, and credit cards. The Bank provides a variety of financial services to small and medium-sized businesses, professionals, municipalities, and not-for-profit organizations through its offices in Bedford, Manchester, Derry, and Nashua, New Hampshire.
60GF Score

Get the complete analysis for PRMY

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

$29.89
Price
$25.59
GF Value