PLANET FITNESS INC - CL A (PLNT) Stock Fundamental Analysis
USA - NYSE:PLNT - US72703H1014 - Common Stock
100.28 USD
+1.64 (+1.66%)
100.28 USD
0 (0%)
Overall PLNT gets a fundamental rating of 5 out of 10. We evaluated PLNT against 133 industry peers in the Hotels, Restaurants & Leisure industry. PLNT has an average financial health and profitability rating. PLNT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PLNT was profitable.
PLNT had a positive operating cash flow in the past year.
Of the past 5 years PLNT 4 years were profitable.
In the past 5 years PLNT always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 6.06%, PLNT is doing good in the industry, outperforming 74.44% of the companies in the same industry.
PLNT has a better Return On Invested Capital (9.04%) than 71.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PLNT is significantly below the industry average of 15.68%.
The 3 year average ROIC (7.31%) for PLNT is below the current ROIC(9.04%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.06% | ||
| ROE | N/A | ||
| ROIC | 9.04% |
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 (15.12%) is better than 88.72% of its industry peers.
PLNT's Profit Margin has declined in the last couple of years.
PLNT has a Operating Margin of 28.20%. This is amongst the best in the industry. PLNT outperforms 95.49% of its industry peers.
In the last couple of years the Operating Margin of PLNT has declined.
PLNT's Gross Margin of 52.25% is fine compared to the rest of the industry. PLNT outperforms 60.15% of its industry peers.
PLNT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.2% | ||
| PM (TTM) | 15.12% | ||
| GM | 52.25% |
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.
The number of shares outstanding for PLNT has been reduced compared to 1 year ago.
PLNT has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, PLNT has a worse debt to assets ratio.
2.2 Solvency
PLNT has an Altman-Z score of 2.10. 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 2.10. This is comparable to the rest of the industry: PLNT outperforms 55.64% of its industry peers.
The Debt to FCF ratio of PLNT is 10.58, which is on the high side as it means it would take PLNT, 10.58 years of fcf income to pay off all of its debts.
PLNT has a Debt to FCF ratio (10.58) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 10.58 | ||
| Altman-Z | 2.1 |
ROIC/WACC1.07
WACC8.43%
2.3 Liquidity
PLNT has a Current Ratio of 2.05. This indicates that PLNT is financially healthy and has no problem in meeting its short term obligations.
PLNT has a Current ratio of 2.05. This is amongst the best in the industry. PLNT outperforms 86.47% of its industry peers.
A Quick Ratio of 2.04 indicates that PLNT has no problem at all paying its short term obligations.
The Quick ratio of PLNT (2.04) is better than 86.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.05 | ||
| Quick Ratio | 2.04 |
3. Growth
3.1 Past
PLNT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.81%, 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.
PLNT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.47%.
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)14.81%
EPS 3Y46.53%
EPS 5Y10.03%
EPS Q2Q%21.13%
Revenue 1Y (TTM)12.47%
Revenue growth 3Y26.27%
Revenue growth 5Y11.4%
Sales Q2Q%13.27%
3.2 Future
Based on estimates for the next years, PLNT will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.41% on average per year.
Based on estimates for the next years, PLNT will show a quite strong growth in Revenue. The Revenue will grow by 8.75% on average per year.
EPS Next Y16.83%
EPS Next 2Y16.87%
EPS Next 3Y15.59%
EPS Next 5Y15.41%
Revenue Next Year11.95%
Revenue Next 2Y10.82%
Revenue Next 3Y10.62%
Revenue Next 5Y8.75%
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
The Price/Earnings ratio is 35.94, which means the current valuation is very expensive for PLNT.
PLNT's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.41. PLNT is valued slightly more expensive when compared to this.
With a Price/Forward Earnings ratio of 28.46, PLNT can be considered very expensive at the moment.
PLNT's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.88. PLNT is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.94 | ||
| Fwd PE | 28.46 |
4.2 Price Multiples
PLNT's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. PLNT is more expensive than 66.92% of the companies in the same industry.
PLNT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.34 | ||
| EV/EBITDA | 19.71 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
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 15.59% in the coming years.
PEG (NY)2.14
PEG (5Y)3.58
EPS Next 2Y16.87%
EPS Next 3Y15.59%
5. Dividend
5.1 Amount
No dividends for PLNT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
100.28
+1.64 (+1.66%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners117.4%
Inst Owner Change-3.41%
Ins Owners0.35%
Ins Owner Change5.38%
Market Cap8.45B
Analysts85.22
Price Target124.31 (23.96%)
Short Float %7.38%
Short Ratio4.96
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)1
Avg EPS beat(2)0.25%
Min EPS beat(2)-5.98%
Max EPS beat(2)6.48%
EPS beat(4)3
Avg EPS beat(4)5.1%
Min EPS beat(4)-5.98%
Max EPS beat(4)11.16%
EPS beat(8)7
Avg EPS beat(8)4.56%
EPS beat(12)10
Avg EPS beat(12)4.92%
EPS beat(16)12
Avg EPS beat(16)6.68%
Revenue beat(2)1
Avg Revenue beat(2)-0.77%
Min Revenue beat(2)-2.84%
Max Revenue beat(2)1.3%
Revenue beat(4)3
Avg Revenue beat(4)0.42%
Min Revenue beat(4)-2.84%
Max Revenue beat(4)2.79%
Revenue beat(8)5
Avg Revenue beat(8)0.13%
Revenue beat(12)8
Avg Revenue beat(12)0.62%
Revenue beat(16)10
Avg Revenue beat(16)0.75%
PT rev (1m)4.04%
PT rev (3m)7.96%
EPS NQ rev (1m)-1.72%
EPS NQ rev (3m)-0.52%
EPS NY rev (1m)0.73%
EPS NY rev (3m)0.93%
Revenue NQ rev (1m)-0.57%
Revenue NQ rev (3m)0.98%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.94 | ||
| Fwd PE | 28.46 | ||
| P/S | 6.76 | ||
| P/FCF | 41.34 | ||
| P/OCF | 23.87 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.71 |
EPS(TTM)2.79
EY2.78%
EPS(NY)3.52
Fwd EY3.51%
FCF(TTM)2.43
FCFY2.42%
OCF(TTM)4.2
OCFY4.19%
SpS14.84
BVpS-1.88
TBVpS-14.07
PEG (NY)2.14
PEG (5Y)3.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.06% | ||
| ROE | N/A | ||
| ROCE | 12.55% | ||
| ROIC | 9.04% | ||
| ROICexc | 10.73% | ||
| ROICexgc | 18.95% | ||
| OM | 28.2% | ||
| PM (TTM) | 15.12% | ||
| GM | 52.25% | ||
| FCFM | 16.34% |
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%
ROICexcg growth 3Y14.17%
ROICexcg 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 Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 10.58 | ||
| Debt/EBITDA | 4.19 | ||
| Cap/Depr | 94.72% | ||
| Cap/Sales | 11.96% | ||
| Interest Coverage | 3.52 | ||
| Cash Conversion | 69.31% | ||
| Profit Quality | 108.11% | ||
| Current Ratio | 2.05 | ||
| Quick Ratio | 2.04 | ||
| Altman-Z | 2.1 |
F-Score8
WACC8.43%
ROIC/WACC1.07
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)14.81%
EPS 3Y46.53%
EPS 5Y10.03%
EPS Q2Q%21.13%
EPS Next Y16.83%
EPS Next 2Y16.87%
EPS Next 3Y15.59%
EPS Next 5Y15.41%
Revenue 1Y (TTM)12.47%
Revenue growth 3Y26.27%
Revenue growth 5Y11.4%
Sales Q2Q%13.27%
Revenue Next Year11.95%
Revenue Next 2Y10.82%
Revenue Next 3Y10.62%
Revenue Next 5Y8.75%
EBIT growth 1Y18.74%
EBIT growth 3Y32.02%
EBIT growth 5Y6.66%
EBIT Next Year64.95%
EBIT Next 3Y27.08%
EBIT Next 5Y19.6%
FCF growth 1Y11.4%
FCF growth 3Y11.78%
FCF growth 5Y5.26%
OCF growth 1Y23.2%
OCF growth 3Y22.02%
OCF growth 5Y10.98%