Palms Sports PJSCADX:PALMS 62 Altman Z-Score is 4.33 as of Jun. 27, 2026, which is 20% below its 10-year median of 5.39. GuruFocus rates ADX:PALMS with a GF Score™ of 62/100 and a GF Value™ of د.إ11.77 (Significantly Undervalued). Among 840 Travel & Leisure companies, Palms Sports PJSC ranks better than 76.43% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 4.32 is strong.
Palms Sports PJSC has a Altman Z-Score of 4.33, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Palms Sports PJSC's Altman Z-Score or its related term are showing as below:
ADX:PALMS'
s Altman Z-Score Range Over the Past 10 Years
Min: 4.03 Med: 5.39 Max: 28.15
Current: 4.32
During the past 5 years, Palms Sports PJSC's highest Altman Z-Score was 28.15. The lowest was 4.03. And the median was 5.39.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
Palms Sports PJSC Altman Z-Score Related Terms
Palms Sports PJSC Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Palms Sports PJSC's Altman Z-Score 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: Altman Z-Score Comparison
For the Leisure subindustry, Palms Sports PJSC's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Palms Sports PJSC's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Palms Sports PJSC's Altman Z-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
Palms Sports PJSC's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
0.5651
+
1.4
*
0.3526
+
3.3
*
0.1416
+
0.6
*
2.5732
+
1.0
*
1.1486
=
4.33
* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
Palms Sports PJSC (ADX:PALMS) has a Altman Z-Score of 4.33 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Palms Sports PJSC and its competitors. This is 20% below median its historical median of 5.39. Over the past decade, Palms Sports PJSC's Altman Z-Score has ranged from 4.03 to 28.15. According to the industry distribution chart, Palms Sports PJSC ranks #198 out of 840 companies in the Travel & Leisure industry, placing it in the top 23.6%.
Is Palms Sports PJSC's Altman Z-Score too high?
Palms Sports PJSC's current Altman Z-Score of 4.33 is 20% below median its 10-year median of 5.39. Over the past 10 years, this metric has ranged from a low of 4.03 to a high of 28.15. The Travel & Leisure industry median Altman Z-Score is 1.99. Palms Sports PJSC's value of 4.33 is 117.6% above this industry median. Based on the distribution chart, Palms Sports PJSC ranks #198 out of 840 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 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Palms Sports PJSC's Altman Z-Score compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Palms Sports PJSC ranks #198 out of 840 companies for Altman Z-Score. This places Palms Sports PJSC in the top 24% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.99. Palms Sports PJSC's value of 4.33 is 117.6% above this benchmark. Historically, Palms Sports PJSC's own Altman Z-Score has ranged from 4.03 to 28.15 over the past decade. While the company's 10-year median is 5.39 vs. the industry median of 1.99, 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 Altman Z-Score for a Travel & Leisure company?
The median Altman Z-Score among Travel & Leisure companies is 1.99, based on 840 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Palms Sports PJSC's current Altman Z-Score of 4.33 is 117.6% 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Palms Sports PJSC and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palms Sports PJSC's current Altman Z-Score is 4.33, which is 20% below median its own 10-year median of 5.39. 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 Altman Z-Score is 4.33, which is 20% below median its 10-year median of 5.39 and 117.6% above the Travel & Leisure industry median of 1.99. 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 Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Palms Sports PJSC (ADX:PALMS), the current Altman Z-Score is 4.33 as of Jun. 27, 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:
Altman Z-Score: 4.33 (20% below median its 10-year median of 5.39)
GF Value™: د.إ11.77 vs. price of د.إ7.74 (34.2% below fair value)
Industry Position: 117.6% above the Travel & Leisure median (#198 of 840)
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
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