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Palms Sports PJSCADX:PALMS -4.81%61 Return-on-Tangible-Asset is 7.61% as of Mar. 2026, which is 49% below its 10-year median of 15.02. GuruFocus rates ADX:PALMS with a GF Score™ of 61/100 and a GF Value™ of د.إ11.88 (Significantly Undervalued). Among 855 Travel & Leisure companies, Palms Sports PJSC ranks better than 88.19% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Palms Sports PJSC's annualizedNet Income for the quarter that ended in Mar. 2026 was د.إ75 Mil. Palms Sports PJSC's average total tangible assets for the quarter that ended in Mar. 2026 was د.إ979 Mil. Therefore, Palms Sports PJSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.61%.
The historical rank and industry rank for Palms Sports PJSC's Return-on-Tangible-Asset or its related term are showing as below:
ADX:PALMS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 11.34 Med: 15.02 Max: 29.42
Current: 12.11
During the past 5 years, Palms Sports PJSC's highest Return-on-Tangible-Asset was 29.42%. The lowest was 11.34%. And the median was 15.02%.
ADX:PALMS's Return-on-Tangible-Asset is ranked better than 88.19% of 855
companies
in the Travel & Leisure industry
Industry Median: 2.73
vs ADX:PALMS: 12.11
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Palms Sports PJSC Return-on-Tangible-Asset Related Terms
Palms Sports PJSC Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Palms Sports PJSC's Return-on-Tangible-Asset 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: Return-on-Tangible-Asset Comparison
For the Leisure subindustry, Palms Sports PJSC's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Palms Sports PJSC's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Palms Sports PJSC's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.61% mean?
Palms Sports PJSC (ADX:PALMS) has a Return-on-Tangible-Asset of 7.61% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Palms Sports PJSC and its competitors. This is 49% below median its historical median of 15.02. Over the past decade, Palms Sports PJSC's Return-on-Tangible-Asset has ranged from 11.34 to 29.42. According to the industry distribution chart, Palms Sports PJSC ranks #101 out of 855 companies in the Travel & Leisure industry, placing it in the top 11.8%.
Is Palms Sports PJSC's Return-on-Tangible-Asset too high?
Palms Sports PJSC's current Return-on-Tangible-Asset of 7.61% is 49% below median its 10-year median of 15.02. Over the past 10 years, this metric has ranged from a low of 11.34 to a high of 29.42. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.73. Palms Sports PJSC's value of 7.61% is 178.8% above this industry median. Based on the distribution chart, Palms Sports PJSC ranks #101 out of 855 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Palms Sports PJSC has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Palms Sports PJSC's Return-on-Tangible-Asset compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Palms Sports PJSC ranks #101 out of 855 companies for Return-on-Tangible-Asset. This places Palms Sports PJSC in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.73. Palms Sports PJSC's value of 7.61% is 178.8% above this benchmark. Historically, Palms Sports PJSC's own Return-on-Tangible-Asset has ranged from 11.34 to 29.42 over the past decade. While the company's 10-year median is 15.02 vs. the industry median of 2.73, Palms Sports PJSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.73, based on 855 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Palms Sports PJSC's current Return-on-Tangible-Asset of 7.61% is 178.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Palms Sports PJSC and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palms Sports PJSC's current Return-on-Tangible-Asset is 7.61%, which is 49% below median its own 10-year median of 15.02. 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.إ7.33 — trading 38.3% below its estimated fair value. The current Return-on-Tangible-Asset is 7.61%, which is 49% below median its 10-year median of 15.02 and 178.8% above the Travel & Leisure industry median of 2.73. Palms Sports PJSC's overall GF Score™ is 61/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Palms Sports PJSC (ADX:PALMS), the current Return-on-Tangible-Asset is 7.61% 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.إ7.33 is trading 38.3% below its estimated GF Value™ of د.إ11.88.
GuruFocus considers Palms Sports PJSC to be Significantly Undervalued.
Key valuation signals for ADX:PALMS:
Return-on-Tangible-Asset: 7.61% (49% below median its 10-year median of 15.02)
GF Value™: د.إ11.88 vs. price of د.إ7.33 (38.3% below fair value)
Industry Position: 178.8% above the Travel & Leisure median (#101 of 855)
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.
61GF Score
Get the complete analysis for ADX:PALMS
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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