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Palms Sports PJSC ADX:PALMS Stock Report

Last Price

د.إ12.00

Market Cap

د.إ1.8b

7D

9.1%

1Y

17.6%

Updated

23 Apr, 2024

Data

Company Financials

PALMS Stock Overview

Palms Sports PJSC provides sports training programs for Jiu-Jitsu, mixed martial arts, and combat sports in the United Arab Emirates.

PALMS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

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.إ12.00
52 Week Highد.إ15.48
52 Week Lowد.إ9.05
Beta0.076
1 Month Change-11.11%
3 Month Change-12.41%
1 Year Change17.65%
3 Year Change-7.83%
5 Year Changen/a
Change since IPO-9.09%

Recent News & Updates

Here's What's Concerning About Palms Sports PJSC's (ADX:PALMS) Returns On Capital

Apr 16
Here's What's Concerning About Palms Sports PJSC's (ADX:PALMS) Returns On Capital

Many Still Looking Away From Palms Sports PJSC (ADX:PALMS)

Mar 01
Many Still Looking Away From Palms Sports PJSC (ADX:PALMS)

Recent updates

Here's What's Concerning About Palms Sports PJSC's (ADX:PALMS) Returns On Capital

Apr 16
Here's What's Concerning About Palms Sports PJSC's (ADX:PALMS) Returns On Capital

Many Still Looking Away From Palms Sports PJSC (ADX:PALMS)

Mar 01
Many Still Looking Away From Palms Sports PJSC (ADX:PALMS)

Palms Sports PJSC's (ADX:PALMS) Conservative Accounting Might Explain Soft Earnings

Jan 25
Palms Sports PJSC's (ADX:PALMS) Conservative Accounting Might Explain Soft Earnings

Palms Sports PJSC (ADX:PALMS) Ticks All The Boxes When It Comes To Earnings Growth

Nov 30
Palms Sports PJSC (ADX:PALMS) Ticks All The Boxes When It Comes To Earnings Growth

Palms Sports PJSC (ADX:PALMS) Screens Well But There Might Be A Catch

Oct 27
Palms Sports PJSC (ADX:PALMS) Screens Well But There Might Be A Catch

Palms Sports PJSC (ADX:PALMS) Might Be Having Difficulty Using Its Capital Effectively

Feb 14
Palms Sports PJSC (ADX:PALMS) Might Be Having Difficulty Using Its Capital Effectively

Palms Sports PJSC (ADX:PALMS) Knows How To Allocate Capital

Oct 05
Palms Sports PJSC (ADX:PALMS) Knows How To Allocate Capital

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

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

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

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

Capital Investment Trends At Palms Sports PJSC (ADX:PALMS) Look Strong

Mar 09
Capital Investment Trends At Palms Sports PJSC (ADX:PALMS) Look Strong

Palms Sports PJSC's (ADX:PALMS) Solid Earnings May Rest On Weak Foundations

Aug 05
Palms Sports PJSC's (ADX:PALMS) Solid Earnings May Rest On Weak Foundations

Shareholder Returns

PALMSAE EntertainmentAE Market
7D9.1%0.2%-1.4%
1Y17.6%-15.6%-3.9%

Return vs Industry: PALMS exceeded the AE Entertainment industry which returned -14% over the past year.

Return vs Market: PALMS exceeded the AE Market which returned -2.5% over the past year.

Price Volatility

Is PALMS's price volatile compared to industry and market?
PALMS volatility
PALMS Average Weekly Movement9.1%
Entertainment Industry Average Movement6.9%
Market Average Movement3.8%
10% most volatile stocks in AE Market8.5%
10% least volatile stocks in AE Market2.3%

Stable Share Price: PALMS has not had significant price volatility in the past 3 months.

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 Darwishwww.palmssports.com

Palms Sports PJSC provides sports training programs for Jiu-Jitsu, mixed martial arts, and combat sports in the United Arab Emirates. The company offers 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, as well as sports management and marketing; sport consultancy; and event management services. It manages sports and health clubs.

Palms Sports PJSC Fundamentals Summary

How do Palms Sports PJSC's earnings and revenue compare to its market cap?
PALMS fundamental statistics
Market capد.إ1.80b
Earnings (TTM)د.إ105.34m
Revenue (TTM)د.إ576.51m

17.1x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PALMS income statement (TTM)
Revenueد.إ576.51m
Cost of Revenueد.إ438.58m
Gross Profitد.إ137.93m
Other Expensesد.إ32.59m
Earningsد.إ105.34m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.70
Gross Margin23.93%
Net Profit Margin18.27%
Debt/Equity Ratio26.2%

How did PALMS perform over the long term?

See historical performance and comparison
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