Palms Sports PJSC (ADX:PALMS) Operating Income: د.إ148 Mil (TTM As of Mar. 2026)

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ADX:PALMS Palms Sports PJSC ADX:PALMS
62 GF Score
Price د.إ7.70
GF Value د.إ11.88
Valuation Significantly Undervalued
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What is Palms Sports PJSC Operating Income?

Palms Sports PJSC ADX:PALMS 62 Operating Income is د.إ148 Mil as of Mar. 2026. GuruFocus rates ADX:PALMS with a GF Score™ of 62/100 and a GF Value™ of د.إ11.88 (Significantly Undervalued).

Palms Sports PJSC's Operating Income for the three months ended in Mar. 2026 was د.إ34 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was د.إ148 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Palms Sports PJSC's Operating Income for the three months ended in Mar. 2026 was د.إ34 Mil. Palms Sports PJSC's Revenue for the three months ended in Mar. 2026 was د.إ289 Mil. Therefore, Palms Sports PJSC's Operating Margin % for the quarter that ended in Mar. 2026 was 11.86%.

Palms Sports PJSC's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT 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 Mar. 2026 was 16.64%. Palms Sports PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.37%.

Palms Sports PJSC  (ADX:PALMS) Operating Income Explanation

1. Operating Income or EBIT 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 Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=136.924 * ( 1 - 17.53% )/( (735.405 + 622.22)/ 2 )
=112.9212228/678.8125
=16.64 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=1085.062 - 95.902 - ( 253.755 - max(0, 225.122 - 865.309+253.755))
=735.405

Invested Capital(Q: Mar. 2026 )
=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))
=1022.313 - 182.522 - ( 217.571 - max(0, 225.601 - 803.361+217.571))
=622.22

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Palms Sports PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=98.116/( ( (103.023 + max(321.152, 0)) + (101.113 + max(314.211, 0)) )/ 2 )
=98.116/( ( 424.175 + 415.324 )/ 2 )
=98.116/419.7495
=23.37 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(421.701 + 5.422 + 73.711) - (95.902 + 0 + 83.78)
=321.152

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(417.322 + 6.845 + 72.566) - (182.522 + 0 + 0)
=314.211

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Palms Sports PJSC's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=34.231/288.528
=11.86 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

Palms Sports PJSC Operating Income Related Terms

Palms Sports PJSC Operating Income Historical Data

* Premium members only.

The historical data trend for Palms Sports PJSC's Operating Income 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 Operating Income Chart

Palms Sports PJSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
80.03 79.78 113.04 138.89 143.74

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
Operating Income 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 29.73 25.06 36.61 52.35 34.23
ADX:PALMS
62GF Score
Palms Sports PJSC ADX:PALMS
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Palms Sports PJSC Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ148 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of د.إ148 Mil mean?
Palms Sports PJSC (ADX:PALMS) has a Operating Income of د.إ148 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Palms Sports PJSC and its competitors.
Is Palms Sports PJSC's Operating Income too high?
Palms Sports PJSC's current Operating Income is د.إ148 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 Operating Income compare to AS and HAS?
Palms Sports PJSC's Operating Income of د.إ148 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 Operating Income for a Travel & Leisure company?
A good Operating Income depends on the Travel & Leisure industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Palms Sports PJSC and its competitors. Palms Sports PJSC's current Operating Income is د.إ148 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.إ11.88, compared to a current price of د.إ7.70 — trading 35.2% below its estimated fair value. The current Operating Income is د.إ148 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 Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Palms Sports PJSC (ADX:PALMS), the current Operating Income is د.إ148 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.إ7.70 is trading 35.2% below its estimated GF Value™ of د.إ11.88. GuruFocus considers Palms Sports PJSC to be Significantly Undervalued.

Key valuation signals for ADX:PALMS:

  • Operating Income: د.إ148 Mil
  • GF Value™: د.إ11.88 vs. price of د.إ7.70 (35.2% 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

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

د.إ7.70
Price
د.إ11.88
GF Value