Palms Sports PJSC (ADX:PALMS) Asset Turnover: 0.27 (As of Mar. 2026)


ADX:PALMS Palms Sports PJSC ADX:PALMS
62 GF Score
Price د.إ7.74
GF Value د.إ11.77
Valuation Significantly Undervalued
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What is Palms Sports PJSC Asset Turnover?

Palms Sports PJSC ADX:PALMS 62 Asset Turnover is 0.27 as of Mar. 2026. GuruFocus rates ADX:PALMS with a GF Score™ of 62/100 and a GF Value™ of د.إ11.77 (Significantly Undervalued).

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Palms Sports PJSC's Revenue for the three months ended in Mar. 2026 was د.إ289 Mil. Palms Sports PJSC's Total Assets for the quarter that ended in Mar. 2026 was د.إ1,054 Mil. Therefore, Palms Sports PJSC's Asset Turnover for the quarter that ended in Mar. 2026 was 0.27.

Asset Turnover is linked to ROE % through Du Pont Formula. Palms Sports PJSC's annualized ROE % for the quarter that ended in Mar. 2026 was 12.32%. It is also linked to ROA % through Du Pont Formula. Palms Sports PJSC's annualized ROA % for the quarter that ended in Mar. 2026 was 7.08%.

Palms Sports PJSC  (ADX:PALMS) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Palms Sports PJSC's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=74.552/605.345
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(74.552 / 1154.112)*(1154.112 / 1053.6875)*(1053.6875/ 605.345)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.46 %*1.0953*1.7406
=ROA %*Equity Multiplier
=7.08 %*1.7406
=12.32 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Palms Sports PJSC's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=74.552/1053.6875
=(Net Income / Revenue)*(Revenue / Total Assets)
=(74.552 / 1154.112)*(1154.112 / 1053.6875)
=Net Margin %*Asset Turnover
=6.46 %*1.0953
=7.08 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.

Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.

Palms Sports PJSC Asset Turnover Related Terms

Palms Sports PJSC Asset Turnover Historical Data

* Premium members only.

The historical data trend for Palms Sports PJSC's Asset Turnover 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 Asset Turnover Chart

Palms Sports PJSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
0.72 0.66 0.77 1.01 1.06

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
Asset Turnover 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 0.26 0.28 0.27 0.30 0.27

ADX:PALMS vs AS, HAS, LTH: Asset Turnover Comparison

For the Leisure subindustry, Palms Sports PJSC's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Palms Sports PJSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Palms Sports PJSC's Asset Turnover falls into.


ADX:PALMS
62GF Score
Palms Sports PJSC ADX:PALMS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Palms Sports PJSC Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Palms Sports PJSC's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=1161.974/( (1111.882+1085.062)/ 2 )
=1161.974/1098.472
=1.06

Palms Sports PJSC's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=288.528/( (1085.062+1022.313)/ 2 )
=288.528/1053.6875
=0.27

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.27 mean?
Palms Sports PJSC (ADX:PALMS) has a Asset Turnover of 0.27 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Palms Sports PJSC and its competitors.
Is Palms Sports PJSC's Asset Turnover too high?
Palms Sports PJSC's current Asset Turnover is 0.27. 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 Asset Turnover compare to AS and HAS?
Palms Sports PJSC's Asset Turnover of 0.27 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 Asset Turnover for a Travel & Leisure company?
A good Asset Turnover depends on the Travel & Leisure industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Palms Sports PJSC and its competitors. Palms Sports PJSC's current Asset Turnover is 0.27. 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.إ11.77, compared to a current price of د.إ7.74 — trading 34.2% below its estimated fair value. The current Asset Turnover is 0.27. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Palms Sports PJSC (ADX:PALMS), the current Asset Turnover is 0.27 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.إ7.74 is trading 34.2% below its estimated GF Value™ of د.إ11.77. GuruFocus considers Palms Sports PJSC to be Significantly Undervalued.

Key valuation signals for ADX:PALMS:

  • Asset Turnover: 0.27
  • GF Value™: د.إ11.77 vs. price of د.إ7.74 (34.2% 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

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

د.إ7.74
Price
د.إ11.77
GF Value