PLANET FITNESS INC - CL A (PLNT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PLNT - US72703H1014 - Common Stock
111.67 USD
+2.77 (+2.54%)
111.67 USD
0 (0%)
PLNT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 132 industry peers in the Hotels, Restaurants & Leisure industry. PLNT has an average financial health and profitability rating. PLNT is valued quite expensively, but it does show have an excellent growth rating. This makes PLNT very considerable for growth investing!
1. Profitability
1.1 Basic Checks
PLNT had positive earnings in the past year.
In the past year PLNT had a positive cash flow from operations.
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
With a decent Return On Assets value of 6.73%, PLNT is doing good in the industry, outperforming 75.00% of the companies in the same industry.
With a decent Return On Invested Capital value of 9.88%, PLNT is doing good in the industry, outperforming 73.48% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PLNT is below the industry average of 10.41%.
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
PLNT's Profit Margin of 15.97% is amongst the best of the industry. PLNT outperforms 88.64% of its industry peers.
In the last couple of years the Profit Margin of PLNT has declined.
Looking at the Operating Margin, with a value of 29.37%, PLNT belongs to the top of the industry, outperforming 96.21% of the companies in the same industry.
In the last couple of years the Operating Margin of PLNT has declined.
PLNT's Gross Margin of 51.92% is fine compared to the rest of the industry. PLNT outperforms 61.36% of its industry peers.
In the last couple of years the Gross Margin of PLNT has remained more or less at the same level.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PLNT is still creating some value.
Compared to 1 year ago, PLNT has less shares outstanding
The number of shares outstanding for PLNT has been reduced compared to 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 2.26. 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.
PLNT has a Altman-Z score of 2.26. This is in the better half of the industry: PLNT outperforms 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 comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 10.64 | ||
| Altman-Z | 2.26 |
ROIC/WACC1.29
WACC7.67%
2.3 Liquidity
A Current Ratio of 2.08 indicates that PLNT has no problem at all paying its short term obligations.
PLNT has a Current ratio of 2.08. This is amongst the best in the industry. PLNT outperforms 88.64% of its industry peers.
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.
The Quick ratio of PLNT (2.06) is better than 90.15% of its industry peers.
| 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.
Measured over the past years, PLNT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.03% on average per year.
Looking at the last year, PLNT shows a quite strong growth in Revenue. The Revenue has grown by 14.39% in the last year.
PLNT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.40% yearly.
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
PLNT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.23% yearly.
Based on estimates for the next years, PLNT will show a quite strong growth in Revenue. The Revenue will grow by 9.88% on average per year.
EPS Next Y16.83%
EPS Next 2Y17.23%
EPS Next 3Y16.61%
EPS Next 5Y17.23%
Revenue Next Year12.04%
Revenue Next 2Y10.86%
Revenue Next 3Y10.57%
Revenue Next 5Y9.88%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
PLNT is valuated quite expensively with a Price/Earnings ratio of 37.85.
Compared to the rest of the industry, the Price/Earnings ratio of PLNT is on the same level as its industry peers.
PLNT's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 25.98.
A Price/Forward Earnings ratio of 31.50 indicates a quite expensive valuation of PLNT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PLNT is on the same level as its industry peers.
PLNT is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 35.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.85 | ||
| Fwd PE | 31.5 |
4.2 Price Multiples
70.45% of the companies in the same industry are cheaper than PLNT, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as PLNT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.86 | ||
| EV/EBITDA | 19.97 |
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.
PLNT's earnings are expected to grow with 16.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.25
PEG (5Y)3.78
EPS Next 2Y17.23%
EPS Next 3Y16.61%
5. Dividend
5.1 Amount
PLNT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
111.67
+2.77 (+2.54%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners116.93%
Inst Owner Change5.07%
Ins Owners0.35%
Ins Owner Change-4.07%
Market Cap9.30B
Revenue(TTM)1.29B
Net Income(TTM)205.80M
Analysts85
Price Target130.84 (17.17%)
Short Float %8.34%
Short Ratio4.91
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)3.63%
PT rev (3m)9.51%
EPS NQ rev (1m)2.01%
EPS NQ rev (3m)0.11%
EPS NY rev (1m)0.02%
EPS NY rev (3m)0.73%
Revenue NQ rev (1m)0.33%
Revenue NQ rev (3m)0.48%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.85 | ||
| Fwd PE | 31.5 | ||
| P/S | 7.22 | ||
| P/FCF | 45.86 | ||
| P/OCF | 25.95 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.97 |
EPS(TTM)2.95
EY2.64%
EPS(NY)3.55
Fwd EY3.17%
FCF(TTM)2.43
FCFY2.18%
OCF(TTM)4.3
OCFY3.85%
SpS15.47
BVpS-2.34
TBVpS-14.42
PEG (NY)2.25
PEG (5Y)3.78
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 | 2.26 |
F-Score8
WACC7.67%
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 5Y17.23%
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 5Y9.88%
EBIT growth 1Y23.74%
EBIT growth 3Y32.02%
EBIT growth 5Y6.66%
EBIT Next Year65.38%
EBIT Next 3Y27.45%
EBIT Next 5Y21.19%
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%.