PLANET FITNESS INC - CL A (PLNT) Stock Fundamental Analysis
USA - NYSE:PLNT - US72703H1014 - Common Stock
107.11 USD
+3.34 (+3.22%)
107.11 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to PLNT. PLNT was compared to 132 industry peers in the Hotels, Restaurants & Leisure industry. PLNT has only an average score on both its financial health and profitability. While showing a medium growth rate, PLNT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year PLNT was profitable.
PLNT had a positive operating cash flow in the past year.
PLNT had positive earnings in 4 of the past 5 years.
PLNT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.73%, PLNT is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
PLNT has a Return On Invested Capital of 9.88%. This is in the better half of the industry: PLNT outperforms 72.73% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PLNT is below the industry average of 10.74%.
The 3 year average ROIC (7.31%) for PLNT is below the current ROIC(9.88%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.73% | ||
| ROE | N/A | ||
| ROIC | 9.88% |
ROA(3y)4.58%
ROA(5y)3.01%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)7.31%
ROIC(5y)5.99%
1.3 Margins
Looking at the Profit Margin, with a value of 15.97%, PLNT belongs to the top of the industry, outperforming 90.15% of the companies in the same industry.
PLNT's Profit Margin has declined in the last couple of years.
The Operating Margin of PLNT (29.37%) is better than 96.21% of its industry peers.
PLNT's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 51.92%, PLNT is in the better half of the industry, outperforming 61.36% of the companies in the same industry.
PLNT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.37% | ||
| PM (TTM) | 15.97% | ||
| GM | 51.92% |
OM growth 3Y4.56%
OM growth 5Y-4.26%
PM growth 3Y25.93%
PM growth 5Y-3.15%
GM growth 3Y-1.11%
GM growth 5Y0.02%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PLNT is creating some value.
Compared to 1 year ago, PLNT has less shares outstanding
PLNT has less shares outstanding than it did 5 years ago.
The debt/assets ratio for PLNT is higher compared to a year ago.
2.2 Solvency
PLNT has an Altman-Z score of 2.25. This is not the best score and indicates that PLNT is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of PLNT (2.25) is better than 63.64% of its industry peers.
The Debt to FCF ratio of PLNT is 10.64, which is on the high side as it means it would take PLNT, 10.64 years of fcf income to pay off all of its debts.
PLNT has a Debt to FCF ratio (10.64) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 10.64 | ||
| Altman-Z | 2.25 |
ROIC/WACC1.29
WACC7.68%
2.3 Liquidity
PLNT has a Current Ratio of 2.08. This indicates that PLNT is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.08, PLNT belongs to the top of the industry, outperforming 87.88% of the companies in the same industry.
PLNT has a Quick Ratio of 2.06. This indicates that PLNT is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 2.06, PLNT belongs to the best of the industry, outperforming 90.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.08 | ||
| Quick Ratio | 2.06 |
3. Growth
3.1 Past
PLNT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.95%, which is quite good.
The Earnings Per Share has been growing by 10.03% on average over the past years. This is quite good.
Looking at the last year, PLNT shows a quite strong growth in Revenue. The Revenue has grown by 14.39% in the last year.
Measured over the past years, PLNT shows a quite strong growth in Revenue. The Revenue has been growing by 11.40% on average per year.
EPS 1Y (TTM)18.95%
EPS 3Y46.53%
EPS 5Y10.03%
EPS Q2Q%25%
Revenue 1Y (TTM)14.39%
Revenue growth 3Y26.27%
Revenue growth 5Y11.4%
Sales Q2Q%13.04%
3.2 Future
The Earnings Per Share is expected to grow by 15.55% on average over the next years. This is quite good.
PLNT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.76% yearly.
EPS Next Y16.83%
EPS Next 2Y17.23%
EPS Next 3Y16.61%
EPS Next 5Y15.55%
Revenue Next Year12.04%
Revenue Next 2Y10.86%
Revenue Next 3Y10.57%
Revenue Next 5Y8.76%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 36.31, PLNT can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of PLNT is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 25.91, PLNT is valued a bit more expensive.
With a Price/Forward Earnings ratio of 30.21, PLNT can be considered very expensive at the moment.
PLNT's Price/Forward Earnings is on the same level as the industry average.
PLNT is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 34.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.31 | ||
| Fwd PE | 30.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLNT is valued a bit more expensive than the industry average as 70.45% of the companies are valued more cheaply.
The rest of the industry has a similar Price/Free Cash Flow ratio as PLNT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.48 | ||
| EV/EBITDA | 19.88 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PLNT does not grow enough to justify the current Price/Earnings ratio.
PLNT has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as PLNT's earnings are expected to grow with 16.61% in the coming years.
PEG (NY)2.16
PEG (5Y)3.62
EPS Next 2Y17.23%
EPS Next 3Y16.61%
5. Dividend
5.1 Amount
No dividends for PLNT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
107.11
+3.34 (+3.22%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners116.93%
Inst Owner Change-0.27%
Ins Owners0.35%
Ins Owner Change-4.07%
Market Cap9.02B
Revenue(TTM)1.29B
Net Income(TTM)205.80M
Analysts85
Price Target126.78 (18.36%)
Short Float %7.66%
Short Ratio5.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.29%
Min EPS beat(2)6.1%
Max EPS beat(2)6.48%
EPS beat(4)3
Avg EPS beat(4)4.44%
Min EPS beat(4)-5.98%
Max EPS beat(4)11.16%
EPS beat(8)7
Avg EPS beat(8)4.6%
EPS beat(12)10
Avg EPS beat(12)4.66%
EPS beat(16)12
Avg EPS beat(16)4.83%
Revenue beat(2)2
Avg Revenue beat(2)0.72%
Min Revenue beat(2)0.13%
Max Revenue beat(2)1.3%
Revenue beat(4)3
Avg Revenue beat(4)0.35%
Min Revenue beat(4)-2.84%
Max Revenue beat(4)2.79%
Revenue beat(8)5
Avg Revenue beat(8)-0.04%
Revenue beat(12)8
Avg Revenue beat(12)0.45%
Revenue beat(16)10
Avg Revenue beat(16)0.01%
PT rev (1m)0.41%
PT rev (3m)6.11%
EPS NQ rev (1m)1.13%
EPS NQ rev (3m)-1.6%
EPS NY rev (1m)0.42%
EPS NY rev (3m)0.73%
Revenue NQ rev (1m)-0.12%
Revenue NQ rev (3m)-1.55%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.31 | ||
| Fwd PE | 30.21 | ||
| P/S | 7 | ||
| P/FCF | 44.48 | ||
| P/OCF | 25.17 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.88 |
EPS(TTM)2.95
EY2.75%
EPS(NY)3.55
Fwd EY3.31%
FCF(TTM)2.41
FCFY2.25%
OCF(TTM)4.26
OCFY3.97%
SpS15.3
BVpS-2.31
TBVpS-14.26
PEG (NY)2.16
PEG (5Y)3.62
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.73% | ||
| ROE | N/A | ||
| ROCE | 13.72% | ||
| ROIC | 9.88% | ||
| ROICexc | 11.78% | ||
| ROICexgc | 20.84% | ||
| OM | 29.37% | ||
| PM (TTM) | 15.97% | ||
| GM | 51.92% | ||
| FCFM | 15.74% |
ROA(3y)4.58%
ROA(5y)3.01%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)7.31%
ROIC(5y)5.99%
ROICexc(3y)8.54%
ROICexc(5y)7.36%
ROICexgc(3y)16.05%
ROICexgc(5y)12.99%
ROCE(3y)10.15%
ROCE(5y)8.31%
ROICexgc growth 3Y14.17%
ROICexgc growth 5Y-6.99%
ROICexc growth 3Y7.74%
ROICexc growth 5Y-8.02%
OM growth 3Y4.56%
OM growth 5Y-4.26%
PM growth 3Y25.93%
PM growth 5Y-3.15%
GM growth 3Y-1.11%
GM growth 5Y0.02%
F-Score8
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 10.64 | ||
| Debt/EBITDA | 4 | ||
| Cap/Depr | 99.83% | ||
| Cap/Sales | 12.08% | ||
| Interest Coverage | 3.37 | ||
| Cash Conversion | 67.09% | ||
| Profit Quality | 98.55% | ||
| Current Ratio | 2.08 | ||
| Quick Ratio | 2.06 | ||
| Altman-Z | 2.25 |
F-Score8
WACC7.68%
ROIC/WACC1.29
Cap/Depr(3y)89.48%
Cap/Depr(5y)90.47%
Cap/Sales(3y)12.17%
Cap/Sales(5y)11.73%
Profit Quality(3y)130.38%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.95%
EPS 3Y46.53%
EPS 5Y10.03%
EPS Q2Q%25%
EPS Next Y16.83%
EPS Next 2Y17.23%
EPS Next 3Y16.61%
EPS Next 5Y15.55%
Revenue 1Y (TTM)14.39%
Revenue growth 3Y26.27%
Revenue growth 5Y11.4%
Sales Q2Q%13.04%
Revenue Next Year12.04%
Revenue Next 2Y10.86%
Revenue Next 3Y10.57%
Revenue Next 5Y8.76%
EBIT growth 1Y23.74%
EBIT growth 3Y32.02%
EBIT growth 5Y6.66%
EBIT Next Year65.38%
EBIT Next 3Y27.45%
EBIT Next 5Y19.71%
FCF growth 1Y2.9%
FCF growth 3Y11.78%
FCF growth 5Y5.26%
OCF growth 1Y13.2%
OCF growth 3Y22.02%
OCF growth 5Y10.98%
PLANET FITNESS INC - CL A / PLNT FAQ
What is the fundamental rating for PLNT stock?
ChartMill assigns a fundamental rating of 5 / 10 to PLNT.
What is the valuation status for PLNT stock?
ChartMill assigns a valuation rating of 2 / 10 to PLANET FITNESS INC - CL A (PLNT). This can be considered as Overvalued.
How profitable is PLANET FITNESS INC - CL A (PLNT) stock?
PLANET FITNESS INC - CL A (PLNT) has a profitability rating of 6 / 10.
What is the expected EPS growth for PLANET FITNESS INC - CL A (PLNT) stock?
The Earnings per Share (EPS) of PLANET FITNESS INC - CL A (PLNT) is expected to grow by 16.83% in the next year.
Is the dividend of PLANET FITNESS INC - CL A sustainable?
The dividend rating of PLANET FITNESS INC - CL A (PLNT) is 0 / 10 and the dividend payout ratio is 0%.