Primeserv Group Ltd (PMV) - Net Assets
Based on the latest financial reports, Primeserv Group Ltd (PMV) has net assets worth ZAC231.13 Million ZAC (≈ $122.83K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC311.57 Million ≈ $165.59K USD) and total liabilities (ZAC80.45 Million ≈ $42.75K USD). 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. Check Primeserv Group Ltd (PMV) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC231.13 Million |
| % of Total Assets | 74.18% |
| Annual Growth Rate | 4.66% |
| 5-Year Change | 36.27% |
| 10-Year Change | 117.7% |
| Growth Volatility | 13.65 |
Primeserv Group Ltd - Net Assets Trend (2002–2026)
This chart illustrates how Primeserv Group Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Primeserv Group Ltd (PMV) total market value.
Annual Net Assets for Primeserv Group Ltd (2002–2026)
The table below shows the annual net assets of Primeserv Group Ltd from 2002 to 2026. Also explore Primeserv Group Ltd net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | ZAC231.13 Million ≈ $122.83K |
+9.71% |
| 2025-03-31 | ZAC210.68 Million ≈ $111.96K |
+10.22% |
| 2024-03-31 | ZAC191.14 Million ≈ $101.58K |
+8.29% |
| 2023-03-31 | ZAC176.51 Million ≈ $93.80K |
+4.06% |
| 2022-03-31 | ZAC169.61 Million ≈ $90.14K |
+3.85% |
| 2021-03-31 | ZAC163.33 Million ≈ $86.80K |
+1.74% |
| 2020-03-31 | ZAC160.55 Million ≈ $85.32K |
+13.16% |
| 2019-03-31 | ZAC141.87 Million ≈ $75.40K |
+15.64% |
| 2018-03-31 | ZAC122.69 Million ≈ $65.20K |
+15.56% |
| 2017-03-31 | ZAC106.17 Million ≈ $56.42K |
+17.13% |
| 2016-03-31 | ZAC90.64 Million ≈ $48.17K |
+10.71% |
| 2015-03-31 | ZAC81.88 Million ≈ $43.51K |
+15.74% |
| 2014-03-31 | ZAC70.74 Million ≈ $37.60K |
+1.04% |
| 2013-03-31 | ZAC70.02 Million ≈ $37.21K |
-4.78% |
| 2012-03-31 | ZAC73.53 Million ≈ $39.08K |
-5.80% |
| 2011-03-31 | ZAC78.06 Million ≈ $41.48K |
+4.46% |
| 2010-03-31 | ZAC74.72 Million ≈ $39.71K |
+9.74% |
| 2009-03-31 | ZAC68.09 Million ≈ $36.19K |
+21.93% |
| 2008-03-31 | ZAC55.85 Million ≈ $29.68K |
+28.11% |
| 2007-03-31 | ZAC43.59 Million ≈ $23.17K |
+10.65% |
| 2006-03-31 | ZAC39.40 Million ≈ $20.94K |
0.00% |
| 2005-03-31 | ZAC39.40 Million ≈ $20.94K |
+7.56% |
| 2004-03-31 | ZAC36.63 Million ≈ $19.47K |
-22.45% |
| 2003-03-31 | ZAC47.23 Million ≈ $25.10K |
-39.03% |
| 2002-03-31 | ZAC77.46 Million ≈ $41.17K |
-- |
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 25770600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC257.71 Million | 107.74% |
| Common Stock | ZAC1.13 Million | 0.47% |
| Total Equity | ZAC239.18 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 |
|---|---|
|
Suryalakshmi Cotton Mills Limited
NSE:SURYALAXMI
|
$11.28 Million |
|
Ancom Logistics Bhd
KLSE:0048
|
$11.29 Million |
|
Refinaria de Petróleos de Manguinhos S.A
SA:RPMG3
|
$11.29 Million |
|
Voltaic Strategic Resources Ltd
AU:VSR
|
$11.29 Million |
|
Geoprima Solusi Tbk PT
JK:GPSO
|
$11.25 Million |
|
Nanologica AB
ST:NICA
|
$11.25 Million |
|
Dycasa SA
BA:DYCA
|
$11.25 Million |
|
Shyam Century Ferrous Limited
NSE:SHYAMCENT
|
$11.24 Million |
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 2025 to 2026, total equity changed from 217,131,000 to 239,182,000, a change of 22,051,000 (10.2%).
- Net income of 34,560,000 contributed positively to equity growth.
- Dividend payments of 11,729,000 reduced retained earnings.
- Share repurchases of 780,000 reduced equity.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC34.56 Million | +14.45% |
| Dividends Paid | ZAC11.73 Million | -4.9% |
| Share Repurchases | ZAC780.00K | -0.33% |
| Total Change | ZAC- | 10.16% |
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: 88.41x
- 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 514.15x to 88.41x 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 | ZAC288.00 | x |
| 2003-03-31 | ZAC0.38 | ZAC288.00 | x |
| 2004-03-31 | ZAC0.31 | ZAC288.00 | x |
| 2005-03-31 | ZAC0.34 | ZAC288.00 | x |
| 2006-03-31 | ZAC0.34 | ZAC288.00 | x |
| 2007-03-31 | ZAC0.37 | ZAC288.00 | x |
| 2008-03-31 | ZAC0.48 | ZAC288.00 | x |
| 2009-03-31 | ZAC0.58 | ZAC288.00 | x |
| 2010-03-31 | ZAC0.67 | ZAC288.00 | x |
| 2011-03-31 | ZAC0.76 | ZAC288.00 | x |
| 2012-03-31 | ZAC0.80 | ZAC288.00 | x |
| 2013-03-31 | ZAC0.76 | ZAC288.00 | x |
| 2014-03-31 | ZAC0.83 | ZAC288.00 | x |
| 2015-03-31 | ZAC0.95 | ZAC288.00 | x |
| 2016-03-31 | ZAC1.07 | ZAC288.00 | x |
| 2017-03-31 | ZAC1.27 | ZAC288.00 | x |
| 2018-03-31 | ZAC1.45 | ZAC288.00 | x |
| 2019-03-31 | ZAC1.67 | ZAC288.00 | x |
| 2020-03-31 | ZAC1.97 | ZAC288.00 | x |
| 2021-03-31 | ZAC2.03 | ZAC288.00 | x |
| 2022-03-31 | ZAC2.11 | ZAC288.00 | x |
| 2023-03-31 | ZAC2.32 | ZAC288.00 | x |
| 2024-03-31 | ZAC2.59 | ZAC288.00 | x |
| 2025-03-31 | ZAC2.91 | ZAC288.00 | x |
| 2026-03-31 | ZAC3.26 | ZAC288.00 | 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): 14.45%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.15%
- • Asset Turnover: 3.52x
- • Equity Multiplier: 1.30x
- Recent ROE (14.45%) is above the historical average (10.55%), 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 |
| 2026 | 14.45% | 3.15% | 3.52x | 1.30x | ZAC10.64 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: $1,175,747,000
- Average return on equity (ROE) among peers: -51.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Primeserv Group Ltd (PMV) | ZAC231.13 Million | 7.37% | 0.35x | $11.26 Million |
| Adcorp (ADR) | $1.18 Billion | -51.76% | 2.41x | $34.75 Million |
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… Read more