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General information

Sector: Industrials

The company is not available at Interactive Brokers

Primeserv Group Limited (JSE:PMV) is an investment holding company that, through its national operations, provides market-leading Integrated Business Support Services designed to enhance the capabilities, productivity and performance of its clients.

Primeserv's focus is on innovative staffing and recruitment services, functional outsourcing services, productivity services and solutions, and training and consulting services. Its customised offering:

• Is aligned to its clients’ needs
• Optimises their required human capital base
• Enhances the capabilities of their organisations
• Delivers economically measurable value-added services
• Directly impacts on productivity and performance
• Allows clients to focus on their business objectives

The value Primeserv adds to its clients is driven by its deep understanding of both their businesses and the complexities of human capital management. Within this context, Primserv strives to develop and deliver cutting-edge systems and procedures that enable it to deliver optimal levels of service. The basis of its services offering is the group's proprietary INTHRGRATE™ model, which is used to guide and support a holistic approach to human capital management and to determine the correct portfolio of services for each client. INTHRGRATE™ takes into account the client’s business strategy, objectives and structure to develop a customised, effective solution for each organisation.



  • Bad financial results growth rate -2.6% (average between last period year over year growth for revenue and EBITDA), there is slowdown compared to average historical growth rates (0.0%)
  • Dividend yield for the last twelve months 0.0%
  • Free cash flow yield 4.0% (LTM)
  • Share price is 176.7% higher than minimum and 0.0% lower than maximum for the last 3 years
  • The company is overvalued by EV / LTM EBITDA multiple compared to target level (11.4x vs
    )
  • Fundamental value created in LTM (estimate)

Key Financials

Share price, ZAR:  (0.0%)2.49
Share price, USD: 0.1430
Common stocks: 114 522 088

Dividend Yield:  0.0%
FCF Yield LTM: 4.0%
EV / LTM EBITDA: 11.4x
Last revenue growth (y/y):  -2.4%
Last growth of EBITDA (y/y):  -2.7%
Historical revenue growth:  -2.2%
Historical growth of EBITDA:  +8.1%
Target EV / EBITDA (hist percentile):
Fundamental value created in LTM:
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 16
Net Debt ($m): -3
EV (Enterprise Value): 13
EBITDA LTM ($m): 1
EV / LTM EBITDA: 11.4x
Price to Book: 1.69x

Revenue and EBITDA

Semi-Annual values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment ZAR per share

Multiple and potential

EV / EBITDA

Potential dynamics

More information for subscribed users:
detailed calculation of
Potential and Created Value,
website traffic data

Releases

2022-08-05
Change statement, notice of Annual General Meeting and availability of B-BBEE Annual Compliance Report
2022-07-15
Reviewed results for the year ended 31 March 2022
2022-07-15
Trading Statement for the year ended 31 March 2022
2022-07-08
Update - release of the Financial Results for the year ended 31 March 2022
2022-07-01
Release of the Financial Results for the year ended 31 March 2022
2022-05-20
Change to Board of Directors
2022-04-01
Directors Dealing in Securities
2022-02-24
Change in Auditor
2021-11-26
Results of Annual General Meeting
2021-11-26
CANCELLATION OF S454431 Results of Annual General Meeting
2021-11-26
Results of Annual General Meeting
2021-11-04
Unaudited interim financial results for the six months ended 30 September 2021
2021-10-29
Trading Statement for the six months ended 30 September 2021
2021-08-20
Changes to the classification of directors
2021-07-30
No Change Statement, Notice of Annual General Meeting and Availability of B-BBEE Annual Compliance Report
2021-06-22
Reviewed results for the year ended 31 March 2021
2021-06-18
Trading Statement for the year ended 31 March 2021
2020-11-27
Results of Annual General Meeting

SENS Announcements

2024-07-26
Integrated Report 2024 – Correction of typographic error
2024-07-25
No Change Statement, Notice of Annual General Meeting and availability of B-BBEE Annual Compliance Report
2024-06-26
Reviewed financial results for the year ended 31 March 2024
2024-06-10
Trading Statement for the year ended 31 March 2024
2024-02-21
Voluntary Announcement – General Repurchase of Ordinary Shares
2023-11-24
Results of Annual General Meeting
2023-11-24
Change to board of directors and to Board Committees
2023-11-22
Unaudited interim financial results for the six months ended 30 September 2023
2023-11-09
Trading Statement for the six months ended 30 September 2023
2023-10-19
Completion of Acquisition of Business in the Logistics, Transportation and Distribution Centre Industry
2023-07-31
No Change Statement, Notice of Annual General meeting and availability of B-BBEE Annual Compliance Report
2023-06-30
Reviewed financial results for the year ended 31 March 2023
2023-06-26
Trading Statement for the year ended 31 March 2023
2023-05-30
Detailed terms announcement and withdrawal of cautionary announcement
2023-05-22
Renewal of Cautionary Announcement
2023-04-11
Updated Cautionary Announcement
2023-04-04
Cautionary Announcement
2023-03-24
Change in auditor
2023-02-14
Change of Auditors
2022-11-25
Results of Annual General Meeting
2022-11-23
Unaudited interim financial results for the six months ended 30 September 2022
2022-11-22
Trading Statement for the six months ended 30 September 2022
2022-08-05
Change statement, notice of Annual General Meeting and availability of B-BBEE Annual Compliance Report
2022-07-15
Reviewed results for the year ended 31 March 2022
2022-07-15
Trading Statement for the year ended 31 March 2022
2022-07-08
Update - release of the Financial Results for the year ended 31 March 2022
2022-07-01
Release of the Financial Results for the year ended 31 March 2022
2022-05-20
Change to Board of Directors