PMV.JSE Primeserv Group Ltd
- Market cap
- ZAC 199M
- P/E
- 5.8x
- P/B
- 0.57x
- ROE
- 14.4%
- Dividend yield
- 9.23%
- Fundamental score
- 4.3/5
Ratios use the latest price and the fiscal year ending Mar 2026.
Is PMV.JSE undervalued?
Graham numberPMV.JSE trades 61.7% below its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Primeserv Group Ltd fundamental analysis
21 of 22 checks passedROE 1/2
Moderate return on equity (14.4%), between 10% and 20%.
ROA 1/1
Return on assets (11.1%) is above the industry median (3.6%).
Profit Consistency 2/2
Profitable for 10 consecutive years.
Earnings Growth 5Y 1/1
Earnings per share grew over the past 5 years.
Earnings Acceleration 0/1
Last year's EPS growth (11.6%) is not above the 5-year average (34.6% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (11.6%) is above the industry median (5.1%).
Revenue Growth 2/2
Revenue grew 10.8% a year over the past 3 years.
Short-term Liquidity 1/1
Current assets cover short-term liabilities.
Long-term Liabilities 1/1
Current assets cover long-term liabilities.
Debt to Equity 2/2
Low debt to equity (0.8%), 40% or less.
Debt Trend 1/1
Debt to equity has not risen over the past 5 years.
Debt Coverage 1/1
Operating cash flow covers 20% of total debt.
Interest Coverage 1/1
EBIT is 104.2x against interest expense, well covered.
PE vs Market 1/1
PE (5.8x) is below the market median (9.1x).
PE vs Industry 1/1
PE (5.8x) is below the industry median (13.8x).
PBV 1/1
Price to book (0.6x) is below the industry median (1.3x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 3.3, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.17, growth is cheap.
Dividend Yield 1/2
Dividend yield (5.9%) is above the bottom 25% of dividend payers in the market.
Dividend Stability 1/2
Dividends paid without a cut of more than 10% for 6 years.
Dividend Growth 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 1/1
Payout ratio is 33.9%, covered by earnings.
Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score
Primeserv Group Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Primeserv Group Ltd
Primeserv Group Limited, an investment holding company, provides integrated business support services in South Africa. It operates in two segments: Integrated Business Support Services and Shared Services. The company offers permanent and temporary recruitment; temporary employment; and payroll, wage bureau, payroll management, functional outsourcing, business process outsourcing, online training, leaderships, skill development and innovation hub, time and attendance system,…
Full company profilePrimeserv Group Ltd financial statements
Primeserv Group Ltd annual financial statements (ZAR; K = thousand, M = million, B = billion, T = trillion)
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 642M | 725M | 807M | 808M | 737M | 777M | 805M | 951M | 1.07B | 1.10B |
| Gross Profit | 101M | 107M | 112M | 113M | 83.1M | 90.4M | 92.2M | 112M | 128M | 134M |
| Operating Income | 21.6M | 22.3M | 25.3M | 27.3M | 6.11M | 16.2M | 20.6M | 23.9M | 35.0M | 38.8M |
| EBITDA | 23.8M | 23.5M | 26.4M | 28.9M | 12.6M | 26.4M | 24.7M | 34.4M | 45.6M | 43.3M |
| Net Income | 16.0M | 19.5M | 23.0M | 26.7M | 9.09M | 15.5M | 18.6M | 25.0M | 31.4M | 34.6M |
| EPS | 0.18 | 0.22 | 0.26 | 0.31 | 0.11 | 0.18 | 0.23 | 0.33 | 0.42 | 0.47 |
| Balance Sheet | ||||||||||
| Total Assets | 176M | 172M | 215M | 233M | 230M | 235M | 247M | 281M | 310M | 312M |
| Total Liabilities | 69.9M | 49.6M | 72.7M | 72.5M | 66.4M | 65.5M | 70.9M | 89.9M | 99.2M | 80.4M |
| Shareholders' Equity | 114M | 131M | 150M | 171M | 174M | 179M | 185M | 198M | 217M | 239M |
| Cash & Short-term Investments | 2.06M | 4.44M | 7.00M | 32.8M | 45.6M | 59.6M | 61.6M | 66.1M | 75.8M | 109M |
| Total Debt | 38.1M | 13.1M | 19.4M | 25.1M | 11.6M | 5.78M | 4.48M | 2.08M | 4.31M | 1.89M |
| Cash Flow | ||||||||||
| Operating Cash Flow | -6.46M | 34.6M | 837K | 32.6M | 31.1M | 40.6M | 20.0M | 29.1M | 34.3M | 58.8M |
| Capital Expenditure | 1.45M | 3.35M | 776K | 1.04M | 829K | 6.00M | 2.97M | 6.32M | 4.71M | 1.42M |
| Free Cash Flow | -7.91M | 31.2M | 61.0K | 31.5M | 30.3M | 34.6M | 17.1M | 22.8M | 29.6M | 57.4M |
| Ratios | ||||||||||
| ROE | 14.0% | 14.9% | 15.3% | 15.6% | 5.2% | 8.7% | 10.1% | 12.6% | 14.5% | 14.4% |
| ROA | 9.1% | 11.3% | 10.7% | 11.5% | 4.0% | 6.6% | 7.5% | 8.9% | 10.1% | 11.1% |
| Net Profit Margin | 2.5% | 2.7% | 2.8% | 3.3% | 1.2% | 2.0% | 2.3% | 2.6% | 2.9% | 3.2% |
| Debt to Equity | 0.33x | 0.10x | 0.13x | 0.15x | 0.07x | 0.03x | 0.02x | 0.01x | 0.02x | 0.01x |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Primeserv Group Ltd dividends
- Dividend yield
- 9.23%
- Forward dividend
- 0.25 ZAC
- Payout ratio
- 33.9%
- Ex-dividend date
- Sep 22, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2026 | ZAR 11.7M | 0.16 | 33.9% |
| 2025 | ZAR 9.70M | 0.13 | 30.9% |
| 2024 | ZAR 7.34M | 0.10 | 29.4% |
| 2023 | ZAR 6.08M | 0.08 | 32.7% |
| 2022 | ZAR 3.42M | 0.04 | 22.0% |
| 2021 | ZAR 2.58M | 0.03 | 28.4% |
| 2020 | ZAR 3.53M | 0.04 | 13.2% |
| 2019 | ZAR 2.81M | 0.03 | 12.2% |
| 2018 | ZAR 3.17M | 0.04 | 16.2% |
| 2017 | ZAR 1.22M | 0.01 | 7.6% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns Primeserv Group Ltd
- Insiders 34.19%
- Institutions 0.00%
- Public & others 65.81%
- Shares outstanding 73.5M
- Free float 27.4M
Primeserv Group Ltd company profile
- Company name
- Primeserv Group Ltd
- Ticker
- PMV.JSE
- ISIN
- ZAE000039277
- Exchange
- Johannesburg Exchange
- Sector
- Industrials
- Industry
- Professional Services
- Fiscal year end
- March
- Address
- 25 Rudd Road, Sandton, South Africa, 2196
- Phone
- 27 11 691 8000
- Website
- primeserv.co.za
About Primeserv Group Ltd
Primeserv Group Limited, an investment holding company, provides integrated business support services in South Africa. It operates in two segments: Integrated Business Support Services and Shared Services. The company offers permanent and temporary recruitment; temporary employment; and payroll, wage bureau, payroll management, functional outsourcing, business process outsourcing, online training, leaderships, skill development and innovation hub, time and attendance system, customized management information reporting, HR and IR, mega-project, employee, PPE and health and safety, wellness program, and financial services, as well as productivity services and solutions. It serves agriculture, automotive, banking, building and construction, design and droughting, drivers and transportation, engineering and fabrication, facilities management, financial and insurance, food production, government services, harbors and railways, hospital, nursing, medical, logistics and distribution centers, mechanical, merchandising, mining, paper and pulp, petrochemical, pharmaceutical, power generation, retail and wholesale, secretarial and office support, tourism and hospitality, telecoms, telemarketing, call centres, warehousing, and waste management industries. The company was incorporated in 1997 and is headquartered in Sandton, South Africa.
Primeserv Group Ltd management
3- Mr. Merrick Abel B.A., BA (Hons), M.B.A.CEO & Executive Director · born 1959
- Mr. Raphael Sack B.Com., BComm, BCompt (Hons), C.A., CA (SA)Financial Director & Executive Director · born 1969
- Marilis Janse van RensburgCompany Secretary