PALMS SPORTS |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 9.72 AED | -10.00% |
|
-11.31% | -25.23% |
| Apr. 25 | UAE-based Palms Sports' Q1 Profit Soars; Revenue Up | MT |
| Apr. 24 | Palms Sports PJSC Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Capitalization 1 | 1,980 | 1,833 | 1,470 | 1,950 |
| Enterprise Value (EV) 1 | 1,861 | 1,606 | 1,135 | 1,728 |
| P/E ratio | 3.67 x | 20 x | 11 x | 18.5 x |
| Yield | - | - | - | 5.13% |
| Capitalization / Revenue | 6.8 x | 6.78 x | 4.87 x | 3.38 x |
| EV / Revenue | 6.39 x | 5.94 x | 3.76 x | 3 x |
| EV / EBITDA | 23.3 x | 20 x | 14.1 x | 14.7 x |
| EV / FCF | 49,080,466 x | 20,988,235 x | 31,301,846 x | -21,160,464 x |
| FCF Yield | 0% | 0% | 0% | -0% |
| Price to Book | 8.41 x | 5.57 x | 3.16 x | 3.41 x |
| Nbr of stocks (in thousands) | 150,000 | 150,000 | 150,000 | 150,000 |
| Reference price 2 | 13.20 | 12.22 | 9.800 | 13.00 |
| Announcement Date | 2/7/21 | 1/12/22 | 1/18/23 | 1/18/24 |
1AED in Million2AED
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Net sales 1 | 308.7 | 291.2 | 270.3 | 301.9 | 576.5 |
| EBITDA 1 | 72.65 | 79.75 | 80.32 | 80.66 | 117.5 |
| EBIT 1 | 72.39 | 79.49 | 80.03 | 80.29 | 113 |
| Operating Margin | 23.45% | 27.3% | 29.61% | 26.6% | 19.61% |
| Earnings before Tax (EBT) 1 | 76.7 | 83.03 | 91.84 | 132.9 | 105.1 |
| Net income 1 | 76.7 | 83.03 | 91.84 | 133.3 | 105.3 |
| Net margin | 24.84% | 28.52% | 33.97% | 44.15% | 18.27% |
| EPS 2 | 3.321 | 3.595 | 0.6122 | 0.8884 | 0.7022 |
| Free Cash Flow | - | 37.91 | 76.52 | 36.26 | -81.65 |
| FCF margin | - | 13.02% | 28.31% | 12.01% | -14.16% |
| FCF Conversion (EBITDA) | - | 47.54% | 95.27% | 44.95% | - |
| FCF Conversion (Net income) | - | 45.66% | 83.32% | 27.21% | - |
| Dividend per Share | - | - | - | - | 0.6670 |
| Announcement Date | 2/7/21 | 2/7/21 | 1/12/22 | 1/18/23 | 1/18/24 |
1AED in Million2AED
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - |
| Net Cash position 1 | 144 | 119 | 227 | 335 | 222 |
| Leverage (Debt/EBITDA) | - | - | - | - | - |
| Free Cash Flow | - | 37.9 | 76.5 | 36.3 | -81.7 |
| ROE (net income / shareholders' equity) | - | 35.2% | 32.5% | 33.4% | 20.3% |
| ROA (Net income/ Total Assets) | - | 16.8% | 15.2% | 11% | 9.46% |
| Assets 1 | - | 494.8 | 604 | 1,207 | 1,113 |
| Book Value Per Share 2 | 2.570 | 1.570 | 2.190 | 3.100 | 3.810 |
| Cash Flow per Share 2 | 1.570 | 0.8000 | 1.290 | 1.500 | 1.900 |
| Capex 1 | 0.37 | 0.32 | 0.02 | 0.46 | 0.44 |
| Capex / Sales | 0.12% | 0.11% | 0.01% | 0.15% | 0.08% |
| Announcement Date | 2/7/21 | 2/7/21 | 1/12/22 | 1/18/23 | 1/18/24 |
1AED in Million2AED
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
- Stock Market
- Equities
- PALMS Stock
- Financials Palms Sports
