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… Read more
Primeserv Group Ltd (PMV) - Net Assets
Latest net assets as of September 2025: ZAC225.35 Million ZAC
Based on the latest financial reports, Primeserv Group Ltd (PMV) has net assets worth ZAC225.35 Million ZAC as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC325.73 Million) and total liabilities (ZAC100.37 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC225.35 Million |
| % of Total Assets | 69.19% |
| Annual Growth Rate | 4.45% |
| 5-Year Change | 28.98% |
| 10-Year Change | 132.42% |
| Growth Volatility | 13.92 |
Primeserv Group Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Primeserv Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Primeserv Group Ltd (2002–2025)
The table below shows the annual net assets of Primeserv Group Ltd from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ZAC210.68 Million | +10.22% |
| 2024-03-31 | ZAC191.14 Million | +8.29% |
| 2023-03-31 | ZAC176.51 Million | +4.06% |
| 2022-03-31 | ZAC169.61 Million | +3.85% |
| 2021-03-31 | ZAC163.33 Million | +1.74% |
| 2020-03-31 | ZAC160.55 Million | +13.16% |
| 2019-03-31 | ZAC141.87 Million | +15.64% |
| 2018-03-31 | ZAC122.69 Million | +15.56% |
| 2017-03-31 | ZAC106.17 Million | +17.13% |
| 2016-03-31 | ZAC90.64 Million | +10.71% |
| 2015-03-31 | ZAC81.88 Million | +15.74% |
| 2014-03-31 | ZAC70.74 Million | +1.04% |
| 2013-03-31 | ZAC70.02 Million | -4.78% |
| 2012-03-31 | ZAC73.53 Million | -5.80% |
| 2011-03-31 | ZAC78.06 Million | +4.46% |
| 2010-03-31 | ZAC74.72 Million | +9.74% |
| 2009-03-31 | ZAC68.09 Million | +21.93% |
| 2008-03-31 | ZAC55.85 Million | +28.11% |
| 2007-03-31 | ZAC43.59 Million | +10.65% |
| 2006-03-31 | ZAC39.40 Million | 0.00% |
| 2005-03-31 | ZAC39.40 Million | +7.56% |
| 2004-03-31 | ZAC36.63 Million | -22.45% |
| 2003-03-31 | ZAC47.23 Million | -39.03% |
| 2002-03-31 | ZAC77.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Primeserv Group Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 23846500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC238.47 Million | 109.83% |
| Common Stock | ZAC1.15 Million | 0.53% |
| Total Equity | ZAC217.13 Million | 100.00% |
Primeserv Group Ltd Competitors by Market Cap
The table below lists competitors of Primeserv Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shin Hwa Silup Co. Ltd.
KQ:001770
|
$111.43K |
|
IBIT39
SA:IBIT39
|
$111.44K |
|
BCA POP. EMILIA R. - Dusseldorf Stock Exchang
DU:4BE
|
$111.49K |
|
TALLINNA VESI -A- (A1T.SG)
STU:A1T
|
$111.51K |
|
KOBE STEEL LTD
MU:KST
|
$111.35K |
|
Constellation Oil Services Holding S.A.
OL:COSH
|
$111.17K |
|
Mydas Real Estate Investments Ltd
TA:MYDS
|
$111.17K |
|
FABASOFT - Dusseldorf Stock Exchang
DU:FAA
|
$111.13K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Primeserv Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 198,480,000 to 217,131,000, a change of 18,651,000 (9.4%).
- Net income of 31,424,000 contributed positively to equity growth.
- Dividend payments of 9,700,000 reduced retained earnings.
- Share repurchases of 3,073,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC31.42 Million | +14.47% |
| Dividends Paid | ZAC9.70 Million | -4.47% |
| Share Repurchases | ZAC3.07 Million | -1.42% |
| Total Change | ZAC- | 9.40% |
Book Value vs Market Value Analysis
This analysis compares Primeserv Group Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 96.11x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 499.86x to 96.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-03-31 | ZAC0.56 | ZAC280.00 | x |
| 2003-03-31 | ZAC0.38 | ZAC280.00 | x |
| 2004-03-31 | ZAC0.31 | ZAC280.00 | x |
| 2005-03-31 | ZAC0.34 | ZAC280.00 | x |
| 2006-03-31 | ZAC0.34 | ZAC280.00 | x |
| 2007-03-31 | ZAC0.37 | ZAC280.00 | x |
| 2008-03-31 | ZAC0.48 | ZAC280.00 | x |
| 2009-03-31 | ZAC0.58 | ZAC280.00 | x |
| 2010-03-31 | ZAC0.67 | ZAC280.00 | x |
| 2011-03-31 | ZAC0.76 | ZAC280.00 | x |
| 2012-03-31 | ZAC0.80 | ZAC280.00 | x |
| 2013-03-31 | ZAC0.76 | ZAC280.00 | x |
| 2014-03-31 | ZAC0.83 | ZAC280.00 | x |
| 2015-03-31 | ZAC0.95 | ZAC280.00 | x |
| 2016-03-31 | ZAC1.07 | ZAC280.00 | x |
| 2017-03-31 | ZAC1.27 | ZAC280.00 | x |
| 2018-03-31 | ZAC1.45 | ZAC280.00 | x |
| 2019-03-31 | ZAC1.67 | ZAC280.00 | x |
| 2020-03-31 | ZAC1.97 | ZAC280.00 | x |
| 2021-03-31 | ZAC2.03 | ZAC280.00 | x |
| 2022-03-31 | ZAC2.11 | ZAC280.00 | x |
| 2023-03-31 | ZAC2.32 | ZAC280.00 | x |
| 2024-03-31 | ZAC2.59 | ZAC280.00 | x |
| 2025-03-31 | ZAC2.91 | ZAC280.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Primeserv Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.47%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.93%
- • Asset Turnover: 3.47x
- • Equity Multiplier: 1.43x
- Recent ROE (14.47%) is above the historical average (10.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 7.37% | 1.07% | 3.64x | 1.89x | ZAC-2.04 Million |
| 2003 | 7.76% | 0.79% | 4.69x | 2.09x | ZAC-1.06 Million |
| 2004 | -23.31% | -2.15% | 5.30x | 2.05x | ZAC-12.20 Million |
| 2005 | 8.48% | 0.89% | 5.64x | 1.69x | ZAC-599.60K |
| 2006 | 8.48% | 0.89% | 5.64x | 1.69x | ZAC-599.60K |
| 2007 | 12.95% | 1.09% | 5.93x | 2.01x | ZAC1.28 Million |
| 2008 | 24.82% | 2.92% | 3.78x | 2.25x | ZAC8.26 Million |
| 2009 | 26.54% | 3.31% | 3.90x | 2.06x | ZAC11.13 Million |
| 2010 | 15.93% | 2.25% | 3.88x | 1.83x | ZAC4.39 Million |
| 2011 | 10.84% | 1.27% | 5.29x | 1.61x | ZAC655.60K |
| 2012 | 9.89% | 1.20% | 4.05x | 2.04x | ZAC-78.70K |
| 2013 | -5.60% | -0.64% | 4.09x | 2.14x | ZAC-11.11 Million |
| 2014 | 7.89% | 0.95% | 4.17x | 1.98x | ZAC-1.63 Million |
| 2015 | 13.36% | 1.83% | 4.64x | 1.57x | ZAC3.00 Million |
| 2016 | 12.91% | 2.25% | 4.03x | 1.43x | ZAC2.90 Million |
| 2017 | 13.99% | 2.49% | 3.65x | 1.54x | ZAC4.57 Million |
| 2018 | 14.94% | 2.69% | 4.21x | 1.32x | ZAC6.46 Million |
| 2019 | 15.33% | 2.85% | 3.76x | 1.43x | ZAC7.99 Million |
| 2020 | 15.62% | 3.31% | 3.47x | 1.36x | ZAC9.61 Million |
| 2021 | 5.23% | 1.23% | 3.21x | 1.32x | ZAC-8.28 Million |
| 2022 | 8.68% | 2.00% | 3.31x | 1.32x | ZAC-2.35 Million |
| 2023 | 10.06% | 2.31% | 3.25x | 1.34x | ZAC103.50K |
| 2024 | 12.58% | 2.63% | 3.38x | 1.42x | ZAC5.11 Million |
| 2025 | 14.47% | 2.93% | 3.47x | 1.43x | ZAC9.71 Million |
Industry Comparison
This section compares Primeserv Group Ltd's net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $821,092,500
- Average return on equity (ROE) among peers: 7.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Primeserv Group Ltd (PMV) | ZAC225.35 Million | 7.37% | 0.45x | $111.39K |
| Adcorp (ADR) | $907.94 Million | 11.49% | 0.84x | $376.37K |
| Workforce Holdings Ltd (WKF) | $734.24 Million | 4.26% | 0.77x | $155.79K |