Palms Sports PJSC (ADX:PALMS) Intangible Assets: د.إ73 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ADX:PALMS Palms Sports PJSC ADX:PALMS
62 GF Score
Price د.إ7.33
GF Value د.إ10.49
Valuation Significantly Undervalued
View Full Analysis

What is Palms Sports PJSC Intangible Assets?

Palms Sports PJSC ADX:PALMS -3.81% 62 Intangible Assets is د.إ73 Mil as of Jun. 2026. GuruFocus rates ADX:PALMS with a GF Score™ of 62/100 and a GF Value™ of د.إ10.49 (Significantly Undervalued).

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Palms Sports PJSC's intangible assets for the quarter that ended in Jun. 2026 was د.إ73 Mil.


Palms Sports PJSC  (ADX:PALMS) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Palms Sports PJSC Intangible Assets Related Terms


Palms Sports PJSC Intangible Assets Historical Data

* Premium members only.

The historical data trend for Palms Sports PJSC's Intangible Assets 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 Intangible Assets Chart

Palms Sports PJSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
0.00 3.13 87.45 82.26 74.59

Palms Sports PJSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intangible Assets 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 80.22 75.92 74.59 74.55 73.03
ADX:PALMS
62GF Score
Palms Sports PJSC ADX:PALMS
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Palms Sports PJSC Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of د.إ73 Mil mean?
Palms Sports PJSC (ADX:PALMS) has a Intangible Assets of د.إ73 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Palms Sports PJSC and its competitors.
Is Palms Sports PJSC's Intangible Assets too high?
Palms Sports PJSC's current Intangible Assets is د.إ73 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 Intangible Assets compare to AS and HAS?
Palms Sports PJSC's Intangible Assets of د.إ73 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 Intangible Assets for a Travel & Leisure company?
A good Intangible Assets depends on the Travel & Leisure industry context. However, Intangible Assets 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 Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Palms Sports PJSC and its competitors. Palms Sports PJSC's current Intangible Assets is د.إ73 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.إ10.49, compared to a current price of د.إ7.33 — trading 30.1% below its estimated fair value. The current Intangible Assets is د.إ73 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 Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Palms Sports PJSC (ADX:PALMS), the current Intangible Assets is د.إ73 Mil as of Jun. 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.إ7.33 is trading 30.1% below its estimated GF Value™ of د.إ10.49. GuruFocus considers Palms Sports PJSC to be Significantly Undervalued.

Key valuation signals for ADX:PALMS:

  • Intangible Assets: د.إ73 Mil
  • GF Value™: د.إ10.49 vs. price of د.إ7.33 (30.1% 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

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

د.إ7.33
Price
د.إ10.49
GF Value