PLANET FITNESS INC - CL A (PLNT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PLNT - US72703H1014 - Common Stock
111.39 USD
+0.01 (+0.01%)
111.39 USD
0 (0%)
PLNT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 133 industry peers in the Hotels, Restaurants & Leisure industry. PLNT has an average financial health and profitability rating. PLNT shows excellent growth, but is valued quite expensive already. With these ratings, PLNT could be worth investigating further for growth investing!.
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.
In the past 5 years PLNT always reported a positive cash flow from operatings.
1.2 Ratios
PLNT has a better Return On Assets (6.73%) than 74.44% of its industry peers.
PLNT has a better Return On Invested Capital (9.88%) than 72.93% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PLNT is below the industry average of 10.41%.
The last Return On Invested Capital (9.88%) for PLNT is above the 3 year average (7.31%), which is a sign of increasing profitability.
| 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
The Profit Margin of PLNT (15.97%) is better than 88.72% of its industry peers.
PLNT's Profit Margin has declined in the last couple of years.
PLNT has a better Operating Margin (29.37%) than 96.24% of its industry peers.
In the last couple of years the Operating Margin of PLNT has declined.
PLNT has a Gross Margin of 51.92%. This is in the better half of the industry: PLNT outperforms 60.15% 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PLNT is creating some value.
PLNT has less shares outstanding than it did 1 year ago.
The number of shares outstanding for PLNT has been reduced compared to 5 years ago.
PLNT has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.30 indicates that PLNT is not a great score, but indicates only limited risk for bankruptcy at the moment.
PLNT's Altman-Z score of 2.30 is fine compared to the rest of the industry. PLNT outperforms 63.16% 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's Debt to FCF ratio of 10.64 is in line compared to the rest of the industry. PLNT outperforms 58.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 10.64 | ||
| Altman-Z | 2.3 |
ROIC/WACC1.24
WACC7.96%
2.3 Liquidity
A Current Ratio of 2.08 indicates that PLNT has no problem at all paying its short term obligations.
The Current ratio of PLNT (2.08) is better than 87.22% of its industry peers.
A Quick Ratio of 2.06 indicates that PLNT has no problem at all paying its short term obligations.
PLNT's Quick ratio of 2.06 is amongst the best of the industry. PLNT outperforms 87.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.08 | ||
| Quick Ratio | 2.06 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 18.95% over the past year.
The Earnings Per Share has been growing by 10.03% on average over the past years. This is quite good.
PLNT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.39%.
The Revenue has been growing by 11.40% on average over the past years. This is quite good.
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.
The Revenue is expected to grow by 9.88% on average over the next years. This is quite good.
EPS Next Y19.6%
EPS Next 2Y18.5%
EPS Next 3Y18.54%
EPS Next 5Y17.23%
Revenue Next Year12.71%
Revenue Next 2Y11.88%
Revenue Next 3Y11.71%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
PLNT is valuated quite expensively with a Price/Earnings ratio of 37.76.
The rest of the industry has a similar Price/Earnings ratio as PLNT.
PLNT's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.61.
PLNT is valuated quite expensively with a Price/Forward Earnings ratio of 30.75.
PLNT's Price/Forward Earnings ratio is in line with the industry average.
PLNT's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 24.01.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.76 | ||
| Fwd PE | 30.75 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLNT is valued a bit more expensive than the industry average as 67.67% 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 | 45.75 | ||
| EV/EBITDA | 20.36 |
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.
The decent profitability rating of PLNT may justify a higher PE ratio.
A more expensive valuation may be justified as PLNT's earnings are expected to grow with 18.54% in the coming years.
PEG (NY)1.93
PEG (5Y)3.77
EPS Next 2Y18.5%
EPS Next 3Y18.54%
5. Dividend
5.1 Amount
No dividends for PLNT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
111.39
+0.01 (+0.01%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners118.14%
Inst Owner Change5.15%
Ins Owners0.35%
Ins Owner Change0.29%
Market Cap9.28B
Revenue(TTM)1.29B
Net Income(TTM)205.80M
Analysts85
Price Target131.52 (18.07%)
Short Float %8.5%
Short Ratio5.05
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)3.73%
PT rev (3m)5.79%
EPS NQ rev (1m)0.02%
EPS NQ rev (3m)2.32%
EPS NY rev (1m)2.38%
EPS NY rev (3m)2.81%
Revenue NQ rev (1m)0.17%
Revenue NQ rev (3m)0.65%
Revenue NY rev (1m)0.6%
Revenue NY rev (3m)0.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.76 | ||
| Fwd PE | 30.75 | ||
| P/S | 7.2 | ||
| P/FCF | 45.75 | ||
| P/OCF | 25.88 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.36 |
EPS(TTM)2.95
EY2.65%
EPS(NY)3.62
Fwd EY3.25%
FCF(TTM)2.43
FCFY2.19%
OCF(TTM)4.3
OCFY3.86%
SpS15.47
BVpS-2.34
TBVpS-14.42
PEG (NY)1.93
PEG (5Y)3.77
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 | 2.3 |
F-Score8
WACC7.96%
ROIC/WACC1.24
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 Y19.6%
EPS Next 2Y18.5%
EPS Next 3Y18.54%
EPS Next 5Y17.23%
Revenue 1Y (TTM)14.39%
Revenue growth 3Y26.27%
Revenue growth 5Y11.4%
Sales Q2Q%13.04%
Revenue Next Year12.71%
Revenue Next 2Y11.88%
Revenue Next 3Y11.71%
Revenue Next 5Y9.88%
EBIT growth 1Y23.74%
EBIT growth 3Y32.02%
EBIT growth 5Y6.66%
EBIT Next Year67.05%
EBIT Next 3Y28.96%
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 19.6% 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%.