Palms Sports PJSCADX:PALMS -3.55%62 Net Current Asset Value is د.إ2.35 as of Mar. 2026, which is 100% below its 10-year median of 3.97. GuruFocus rates ADX:PALMS with a GF Score™ of 62/100 and a GF Value™ of د.إ11.82 (Significantly Undervalued). Among 311 Travel & Leisure companies, Palms Sports PJSC ranks better than 57.88% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Palms Sports PJSC's net current asset value per share for the quarter that ended in Mar. 2026 was د.إ2.35.
The historical rank and industry rank for Palms Sports PJSC's Net Current Asset Value or its related term are showing as below:
ADX:PALMS'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.9 Med: 3.97 Max: 8.1
Current: 3.23
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Palms Sports PJSC was 8.10. The lowest was 2.90. And the median was 3.97.
ADX:PALMS's Price-to-Net-Current-Asset-Value is ranked better than 57.88% of 311
companies
in the Travel & Leisure industry
Industry Median: 4.05
vs ADX:PALMS: 3.23
Palms Sports PJSC (ADX:PALMS) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Palms Sports PJSC Net Current Asset Value Related Terms
Palms Sports PJSC Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Palms Sports PJSC's Net Current Asset Value 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.
ADX:PALMS vs AS, HAS, LTH: Net Current Asset Value Comparison
For the Leisure subindustry, Palms Sports PJSC's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Palms Sports PJSC's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Palms Sports PJSC's Price-to-Net-Current-Asset-Value falls into.
* 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.
What does a Net Current Asset Value of د.إ2.35 mean?
Palms Sports PJSC (ADX:PALMS) has a Net Current Asset Value of د.إ2.35 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Palms Sports PJSC and its competitors. This is 95% below median its historical median of 3.97. Over the past decade, Palms Sports PJSC's Net Current Asset Value has ranged from 2.90 to 8.10. According to the industry distribution chart, Palms Sports PJSC ranks #131 out of 311 companies in the Travel & Leisure industry, placing it in the top 42.1%.
Is Palms Sports PJSC's Net Current Asset Value too high?
Palms Sports PJSC's current Net Current Asset Value of د.إ2.35 is 95% below median its 10-year median of 3.97. Over the past 10 years, this metric has ranged from a low of 2.90 to a high of 8.10. Based on the distribution chart, Palms Sports PJSC ranks #131 out of 311 companies in the Travel & Leisure industry, which is above the industry midpoint. 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 Net Current Asset Value compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Palms Sports PJSC ranks #131 out of 311 companies for Net Current Asset Value. This puts Palms Sports PJSC in the upper half of its industry. The industry median Net Current Asset Value is 4.05. Historically, Palms Sports PJSC's own Net Current Asset Value has ranged from 2.90 to 8.10 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 4.05, based on 311 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value 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 Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Palms Sports PJSC and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palms Sports PJSC's current Net Current Asset Value is د.إ2.35, which is 95% below median its own 10-year median of 3.97. 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.إ11.82, compared to a current price of د.إ7.60 — trading 35.7% below its estimated fair value. The current Net Current Asset Value is د.إ2.35, which is 95% below median its 10-year median of 3.97. 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 Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Palms Sports PJSC (ADX:PALMS), the current Net Current Asset Value is د.إ2.35 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.إ7.60 is trading 35.7% below its estimated GF Value™ of د.إ11.82.
GuruFocus considers Palms Sports PJSC to be Significantly Undervalued.
Key valuation signals for ADX:PALMS:
Net Current Asset Value: د.إ2.35 (95% below median its 10-year median of 3.97)
GF Value™: د.إ11.82 vs. price of د.إ7.60 (35.7% below fair value)
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 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
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ADX:PALMS has been successfully added to your 
