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Palms Sports PJSC (ADX:PALMS) EBIT : د.إ127 Mil (TTM As of Sep. 2024)


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What is Palms Sports PJSC EBIT?

Palms Sports PJSC's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was د.إ46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was د.إ127 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Palms Sports PJSC's annualized ROC % for the quarter that ended in Sep. 2024 was 23.36%. Palms Sports PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 59.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Palms Sports PJSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 11.21%.


Palms Sports PJSC EBIT Historical Data

The historical data trend for Palms Sports PJSC's EBIT 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.

* Premium members only.

Palms Sports PJSC EBIT Chart

Palms Sports PJSC Annual Data
Trend Dec21 Dec22 Dec23
EBIT
92.82 135.29 109.80

Palms Sports PJSC Quarterly Data
Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT 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 49.02 30.48 21.14 29.02 46.35

Competitive Comparison of Palms Sports PJSC's EBIT

For the Leisure subindustry, Palms Sports PJSC's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Palms Sports PJSC's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Palms Sports PJSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Palms Sports PJSC's EV-to-EBIT falls into.



Palms Sports PJSC EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ127 Mil.

* 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  (ADX:PALMS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Palms Sports PJSC's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=139.412 * ( 1 - 8.81% )/( (532.169 + 556.394)/ 2 )
=127.1298028/544.2815
=23.36 %

where

Invested Capital(Q: Jun. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=965.981 - 142.813 - ( 290.999 - max(0, 183.111 - 735.676+290.999))
=532.169

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1004.446 - 141.067 - ( 306.985 - max(0, 183.756 - 769.479+306.985))
=556.394

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Palms Sports PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=185.38/( ( (105.102 + max(194.042, 0)) + (109.528 + max(209.841, 0)) )/ 2 )
=185.38/( ( 299.144 + 319.369 )/ 2 )
=185.38/309.2565
=59.94 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(282.536 + 8.683 + 45.636) - (142.813 + 0 + 0)
=194.042

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(283.924 + 8.22 + 58.764) - (141.067 + 0 + 0)
=209.841

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Palms Sports PJSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=126.974/1132.668
=11.21 %

* 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 EBIT Related Terms

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Palms Sports PJSC Business Description

Traded in Other Exchanges
N/A
Address
Eastern Ring Road, 4th Floor, Royal Group Head Office, P.O. 39877, Ministries Complex, Abu Dhabi, ARE
Palms Sports PJSC is a sports management and marketing company. The company is engaged in trading sports goods providing sports enterprises investment, institution and management and security guards services.

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