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Pricesmart

PSMT on Nasdaq. PriceSmart sells goods through membership warehouse clubs to consumers and businesses in Latin America. Market value $5.3bn.

Watch this stockFree. We tell you when something changes.

Price checks use the past 12 months to May 2026. Quality checks use five annual reports, the latest for the year to August 2025.

Should I look at this?

Good business, but not cheap right now

Why it could be worth it

What to watch out for

See cheaper Retail & consumer stocks on the list

This is not advice. Check the numbers below.

Compare with another stock

Cash yield
past 12 months to May 2026
1.4%low

For every $100 of what the whole company costs, it produced $1.39 of spare cash in the past 12 months. A savings account pays about $4.

Price to profit
past 12 months to May 2026
20.7×full

You pay 20.7 years of operating profit for the business. The average large US company costs around 18.

Return on capital
five annual reports to August 2025
14.8%five-year median

Each dollar kept in the business earns 15 cents a year. Above 10 is good.

Quality score: 85 of 100. Price score: 41 of 100. Our list needs 70 on quality and 60 on price.

$172.00 a share, 54% above its 1-year low

Over the past year the price has ranged from $111.68 to $199.84.

Dividend: 0.7% a year

Paid every year for at least 5 years

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

0.0
0.0
0.1
0.0
0.1
0.1
2021202220232024202512 monthsto May '26
Revenue
$3.6bn$4.1bn$4.4bn$4.9bn$5.3bn
Operating margin
4.4%4.1%4.2%4.5%4.4%
Debt to equity
0.140.150.130.120.16
Shares outstanding
0.03bn0.03bn0.03bn0.03bn0.03bn

Health checks

  • Free cash flow positive5 of 5 years
  • Accounting looks honest (Beneish)Not enough data
  • Financial strength (Piotroski)6 of 9
  • Profit backed by cash (accruals)Yes
  • Debt0.16× equity
  • Revenue growth, five yearsSlow, 9.6% a year
  • Buying back its own sharesRoughly flat

The quarter to May 2026

How the business did, compared with the same quarter a year earlier.

  • Sales: $1.5 billion last quarter, up 12% on a year ago.
  • Profit: $40 million, up 13% on a year ago.
  • It keeps 5 cents of each $1 of sales as operating profit, up from 4 cents a year earlier.
  • Spare cash over the past 12 months: $74 million, down from $93 million.
  • 1% more shares than a year ago. Each share owns a bit less of the company.
  • It has $3 million more cash than debt, down from $46 million a year ago.
  • Sales grew on a year ago in each of the last 4 quarters.
Sales by quarter
Sales by quarter
Quarter toAmount
August 2024$1.2bn
November 2024$1.3bn
February 2025$1.4bn
May 2025$1.3bn
August 2025$1.3bn
November 2025$1.4bn
February 2026$1.5bn
May 2026$1.5bn
Profit by quarter
Profit by quarter
Quarter toAmount
August 2024$29m
November 2024$37m
February 2025$44m
May 2025$35m
August 2025$32m
November 2025$40m
February 2026$49m
May 2026$40m

From the company's quarterly reports to the SEC.

Dates

Next results (estimated)
n/a
Last annual report (10-K)
30 October 2025
Next quarterly (estimated, 10-Q)
7 October 2026

Who owns it

3 long-term investors we follow own it, down from 5 last quarter. 386 funds in all.

Jun '25
Dec '25
Jun '26

Sold out this quarter

Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

3 investors own more than 5%.

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

No insider bought shares on the open market in the last 12 months. 9 sold $14m.

  • Velasco Francisco
    EVP - CLO, CRCO
    Sold
    Date
    17 August 2026
    Shares
    338
    Price
    $177.87
    Value
    $60,120
  • Bahrambeygui Sherry S.
    Director
    Sold
    Date
    3 August 2026
    Shares
    3,499
    Price
    $197.38
    Value
    $690,647
  • Bahrambeygui Sherry S.
    Director
    Sold
    Date
    31 July 2026
    Shares
    1,000
    Price
    $194.46
    Value
    $194,455
  • Bahrambeygui Sherry S.
    Director
    Sold
    Date
    29 July 2026
    Shares
    1,000
    Price
    $192.66
    Value
    $192,663
  • Bahrambeygui Sherry S.
    Director
    Sold
    Date
    28 July 2026
    Shares
    1,100
    Price
    $192.29
    Value
    $211,523
  • Bahrambeygui Sherry S.
    Director
    Sold
    Date
    23 July 2026
    Shares
    400
    Price
    $184.49
    Value
    $73,796
  • Bahrambeygui Sherry S.
    Director
    Sold
    Date
    22 July 2026
    Shares
    400
    Price
    $189.03
    Value
    $75,612
  • PRICE ROBERT E
    Director
    Sold
    Date
    20 July 2026
    Shares
    4,855
    Price
    $181.79
    Value
    $882,608
  • Bahrambeygui Sherry S.
    Director
    Sold
    Date
    17 July 2026
    Shares
    400
    Price
    $190.30
    Value
    $76,120
  • PRICE ROBERT E
    Director
    Sold
    Date
    17 July 2026
    Shares
    8,000
    Price
    $187.95
    Value
    $2m

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

None of the warning signs we check for were found.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 30 Oct 2025, plus the 10-Q filed 8 Jul 2026 and 4 later 8-Ks.

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

What could go wrong

Cheap for a reason is the question the numbers cannot answer.

Whether the price already reflects the risks is what the deep dive is for.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.