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PALM

Palms Sports PJSC ADX:PALMS Stock Report

Last Price

د.إ10.00

Market Cap

د.إ1.5b

7D

-2.0%

1Y

-9.1%

Updated

08 Aug, 2022

Data

Company Financials
PALMS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

PALMS Stock Overview

Palms Sports PJSC provides sports training programs in the United Arab Emirates.

Palms Sports PJSC Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Palms Sports PJSC
Historical stock prices
Current Share Priceد.إ10.00
52 Week Highد.إ21.48
52 Week Lowد.إ9.24
Beta0
1 Month Change1.83%
3 Month Change-21.14%
1 Year Change-9.09%
3 Year Changen/a
5 Year Changen/a
Change since IPO-24.24%

Recent News & Updates

Jun 30
Here's What Palms Sports PJSC's (ADX:PALMS) Strong Returns On Capital Mean

Here's What Palms Sports PJSC's (ADX:PALMS) Strong Returns On Capital Mean

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Apr 14
With EPS Growth And More, Palms Sports PJSC (ADX:PALMS) Is Interesting

With EPS Growth And More, Palms Sports PJSC (ADX:PALMS) Is Interesting

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

PALMSAE EntertainmentAE Market
7D-2.0%0.7%2.2%
1Y-9.1%-6.1%28.3%

Return vs Industry: PALMS underperformed the AE Entertainment industry which returned -6.1% over the past year.

Return vs Market: PALMS underperformed the AE Market which returned 28.3% over the past year.

Price Volatility

Is PALMS's price volatile compared to industry and market?
PALMS volatility
PALMS Average Weekly Movement8.9%
Entertainment Industry Average Movement7.0%
Market Average Movement5.1%
10% most volatile stocks in AE Market8.7%
10% least volatile stocks in AE Market2.7%

Stable Share Price: PALMS is more volatile than 90% of AE stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: PALMS's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of AE stocks.

About the Company

FoundedEmployeesCEOWebsite
2011n/aFouad Darwishhttps://www.palmssports.com

Palms Sports PJSC provides sports training programs in the United Arab Emirates. The company’s services include lifecycle training and sports program management; comprehensive athletic program; strategic sports and training plans development; program evaluation; program managers and instructors coaching; sports awareness; community involvement promotion; revenue stream creation; and marketing, PR, and media services. Palms Sports PJSC was founded in 2011 and is based in Abu Dhabi, the United Arab Emirates.

Palms Sports PJSC Fundamentals Summary

How do Palms Sports PJSC's earnings and revenue compare to its market cap?
PALMS fundamental statistics
Market Capد.إ1.50b
Earnings (TTM)د.إ104.65m
Revenue (TTM)د.إ268.81m

14.3x

P/E Ratio

5.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PALMS income statement (TTM)
Revenueد.إ268.81m
Cost of Revenueد.إ176.58m
Gross Profitد.إ92.24m
Other Expenses-د.إ12.41m
Earningsد.إ104.65m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.70
Gross Margin34.31%
Net Profit Margin38.93%
Debt/Equity Ratio0.1%

How did PALMS perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is PALMS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PALMS?

Other financial metrics that can be useful for relative valuation.

PALMS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4.6x
Enterprise Value/EBITDA14.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does PALMS's PE Ratio compare to its peers?

PALMS PE Ratio vs Peers
The above table shows the PE ratio for PALMS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average103x
300426 Zhejiang Talent Television and Film
122.3xn/aCN¥2.8b
600576 Zhejiang Sunriver CultureLtd
195xn/aCN¥3.0b
RSVR Reservoir Media
35.6x0.5%US$478.3m
8359 Cashbox Partyworld
61xn/aNT$11.4b
PALMS Palms Sports PJSC
14.3xn/aد.إ1.5b

Price-To-Earnings vs Peers: PALMS is good value based on its Price-To-Earnings Ratio (14.3x) compared to the peer average (103x).


Price to Earnings Ratio vs Industry

How does PALMS's PE Ratio compare vs other companies in the Asian Entertainment Industry?

Price-To-Earnings vs Industry: PALMS is good value based on its Price-To-Earnings Ratio (14.3x) compared to the Asian Entertainment industry average (22.3x)


Price to Earnings Ratio vs Fair Ratio

What is PALMS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PALMS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PALMS's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of PALMS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PALMS (AED10) is trading below our estimate of fair value (AED67.82)

Significantly Below Fair Value: PALMS is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Palms Sports PJSC forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.0%

Forecasted Media industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Palms Sports PJSC has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Examine whether Palms Sports PJSC is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Palms Sports PJSC performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


29.7%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: PALMS has high quality earnings.

Growing Profit Margin: PALMS's current net profit margins (38.9%) are higher than last year (27.9%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if PALMS's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare PALMS's past year earnings growth to its 5-year average.

Earnings vs Industry: PALMS earnings growth over the past year (29.7%) exceeded the Entertainment industry 5.7%.


Return on Equity

High ROE: PALMS's Return on Equity (27.7%) is considered high.


Discover strong past performing companies

Financial Health

How is Palms Sports PJSC's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PALMS's short term assets (AED412.4M) exceed its short term liabilities (AED25.6M).

Long Term Liabilities: PALMS's short term assets (AED412.4M) exceed its long term liabilities (AED31.1M).


Debt to Equity History and Analysis

Debt Level: PALMS has more cash than its total debt.

Reducing Debt: Insufficient data to determine if PALMS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: PALMS's debt is well covered by operating cash flow (29391.9%).

Interest Coverage: PALMS's interest payments on its debt are well covered by EBIT (206.2x coverage).


Balance Sheet


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Dividend

What is Palms Sports PJSC current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate PALMS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PALMS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PALMS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PALMS's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: PALMS is not paying a notable dividend for the AE market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PALMS has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Fouad Darwish

no data

Tenure

Mr. Fouad Fahmi Darwish serves as Chief Executive Officer and Director at Palms Sports PJSC. Mr. Darwish holds a M.B.A in International Finance and Marketing from the American University of Dubai - UAE, a...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Palms Sports PJSC's employee growth, exchange listings and data sources


Key Information

  • Name: Palms Sports PJSC
  • Ticker: PALMS
  • Exchange: ADX
  • Founded: 2011
  • Industry: Movies and Entertainment
  • Sector: Media
  • Implied Market Cap: د.إ1.500b
  • Shares outstanding: 150.00m
  • Website: https://www.palmssports.com

Location

  • Palms Sports PJSC
  • Royal Group Head Office
  • 4th Floor
  • Abu Dhabi
  • United Arab Emirates

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/08 00:00
End of Day Share Price2022/08/08 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.