Palms Sports PJSC (ADX:PALMS) Construction In Progress: د.إ0 Mil (As of Mar. 2026)


ADX:PALMS Palms Sports PJSC ADX:PALMS
62 GF Score
Price د.إ7.74
GF Value د.إ11.77
Valuation Significantly Undervalued
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What is Palms Sports PJSC Construction In Progress?

Palms Sports PJSC ADX:PALMS 62 Construction In Progress is د.إ0 Mil as of Mar. 2026. GuruFocus rates ADX:PALMS with a GF Score™ of 62/100 and a GF Value™ of د.إ11.77 (Significantly Undervalued).

Palms Sports PJSC's quarterly construction in progress increased from Sep. 2025 (د.إ0 Mil) to Dec. 2025 (د.إ2 Mil) but then declined from Dec. 2025 (د.إ2 Mil) to Mar. 2026 (د.إ0 Mil).

Palms Sports PJSC's annual construction in progress stayed the same from Dec. 2023 (د.إ0 Mil) to Dec. 2024 (د.إ0 Mil) but then increased from Dec. 2024 (د.إ0 Mil) to Dec. 2025 (د.إ2 Mil).

Palms Sports PJSC Construction In Progress Historical Data

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The historical data trend for Palms Sports PJSC's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Palms Sports PJSC Construction In Progress Chart

Palms Sports PJSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
0.00 0.00 0.00 0.00 1.66

Palms Sports PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 1.66 0.00
ADX:PALMS
62GF Score
Palms Sports PJSC ADX:PALMS
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Palms Sports PJSC Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of د.إ0 Mil mean?
Palms Sports PJSC (ADX:PALMS) has a Construction In Progress of د.إ0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Palms Sports PJSC and its competitors.
Is Palms Sports PJSC's Construction In Progress too high?
Palms Sports PJSC's current Construction In Progress is د.إ0 Mil. Overall, Palms Sports PJSC has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Palms Sports PJSC's Construction In Progress compare to AS and HAS?
Palms Sports PJSC's Construction In Progress of د.إ0 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Travel & Leisure company?
A good Construction In Progress depends on the Travel & Leisure industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Palms Sports PJSC and its competitors. Palms Sports PJSC's current Construction In Progress is د.إ0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palms Sports PJSC stock overvalued right now?
Based on GuruFocus' analysis, Palms Sports PJSC (ADX:PALMS) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ11.77, compared to a current price of د.إ7.74 — trading 34.2% below its estimated fair value. The current Construction In Progress is د.إ0 Mil. Palms Sports PJSC's overall GF Score™ is 62/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Palms Sports PJSC (ADX:PALMS), the current Construction In Progress is د.إ0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Palms Sports PJSC (ADX:PALMS) Overvalued in 2026?

Based on GuruFocus' analysis, Palms Sports PJSC stock appears to be undervalued. The current stock price of د.إ7.74 is trading 34.2% below its estimated GF Value™ of د.إ11.77. GuruFocus considers Palms Sports PJSC to be Significantly Undervalued.

Key valuation signals for ADX:PALMS:

  • Construction In Progress: د.إ0 Mil
  • GF Value™: د.إ11.77 vs. price of د.إ7.74 (34.2% below fair value)
  • GF Score™: 62/100

No single metric tells the full story. See the ADX:PALMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Palms Sports PJSC Business Description

Address Eastern Ring Road, Al Muntazah, 2nd Floor, Building 12, Ministries Complex, Abu Dhabi, ARE
Palms Sports PJSC is a sports management and marketing company engaged in trading sports goods and providing sports enterprise investment, institutional management, and security guard services. its reportable segments are: Income from guarding and cleaning services, which includes the provision of security guard services and onshore and offshore oil cleaning services to customers; Income from coaching and training services, which generates the maximum revenue and includes providing specialized sports training services in Jiu-Jitsu, mixed martial arts, and combat sports; Income from educational services, which includes the provision of educational services and the management of educational institutes; and Others, which includes IT research and physiotherapy treatment services.
62GF Score

Get the complete analysis for ADX:PALMS

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ7.74
Price
د.إ11.77
GF Value