PLANET FITNESS INC - CL A (PLNT) Stock Fundamental Analysis
NYSE:PLNT - New York Stock Exchange, Inc. - US72703H1014 - Common Stock - Currency: USD
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. While showing a medium growth rate, PLNT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
PLNT had positive earnings in the past year.
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
PLNT's Return On Assets of 5.81% is fine compared to the rest of the industry. PLNT outperforms 73.68% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.67%, PLNT is in the better half of the industry, outperforming 68.42% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PLNT is significantly below the industry average of 13.81%.
The last Return On Invested Capital (8.67%) for PLNT is above the 3 year average (7.31%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.81% | ||
| ROE | N/A | ||
| ROIC | 8.67% |
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 14.84% is amongst the best of the industry. PLNT outperforms 88.72% of its industry peers.
In the last couple of years the Profit Margin of PLNT has declined.
With an excellent Operating Margin value of 27.89%, PLNT belongs to the best of the industry, outperforming 95.49% of the companies in the same industry.
PLNT's Operating Margin has declined in the last couple of years.
PLNT's Gross Margin of 52.11% is fine compared to the rest of the industry. PLNT outperforms 60.90% of its industry peers.
PLNT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.89% | ||
| PM (TTM) | 14.84% | ||
| GM | 52.11% |
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.
The number of shares outstanding for PLNT has been reduced compared to 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 2.13 indicates that PLNT is not a great score, but indicates only limited risk for bankruptcy at the moment.
PLNT's Altman-Z score of 2.13 is fine compared to the rest of the industry. PLNT outperforms 61.65% of its industry peers.
The Debt to FCF ratio of PLNT is 9.17, which is on the high side as it means it would take PLNT, 9.17 years of fcf income to pay off all of its debts.
PLNT's Debt to FCF ratio of 9.17 is fine compared to the rest of the industry. PLNT outperforms 63.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 9.17 | ||
| Altman-Z | 2.13 |
ROIC/WACC1.1
WACC7.86%
2.3 Liquidity
A Current Ratio of 2.10 indicates that PLNT has no problem at all paying its short term obligations.
The Current ratio of PLNT (2.10) is better than 85.71% of its industry peers.
PLNT has a Quick Ratio of 2.09. This indicates that PLNT is financially healthy and has no problem in meeting its short term obligations.
PLNT has a Quick ratio of 2.09. This is amongst the best in the industry. PLNT outperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.1 | ||
| Quick Ratio | 2.09 |
3. Growth
3.1 Past
PLNT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.39%, which is quite good.
PLNT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.03% yearly.
The Revenue has grown by 10.31% in the past year. This is quite good.
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)11.39%
EPS 3Y46.53%
EPS 5Y10.03%
EPS Q2Q%11.32%
Revenue 1Y (TTM)10.31%
Revenue growth 3Y26.27%
Revenue growth 5Y11.4%
Sales Q2Q%11.55%
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 15.50% yearly.
PLNT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.07% yearly.
EPS Next Y15.98%
EPS Next 2Y16.66%
EPS Next 3Y15.69%
EPS Next 5Y15.5%
Revenue Next Year12.04%
Revenue Next 2Y11.16%
Revenue Next 3Y10.46%
Revenue Next 5Y9.07%
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 40.81, PLNT can be considered very expensive at the moment.
PLNT's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of PLNT to the average of the S&P500 Index (27.45), we can say PLNT is valued slightly more expensively.
The Price/Forward Earnings ratio is 30.69, which means the current valuation is very expensive for PLNT.
PLNT's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.90, PLNT is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.81 | ||
| Fwd PE | 30.69 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLNT is valued a bit more expensive than 70.68% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as PLNT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.4 | ||
| EV/EBITDA | 21.33 |
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 15.69% in the coming years.
PEG (NY)2.55
PEG (5Y)4.07
EPS Next 2Y16.66%
EPS Next 3Y15.69%
5. Dividend
5.1 Amount
PLNT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
107.75
+0.92 (+0.86%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners116.94%
Inst Owner Change3.82%
Ins Owners0.37%
Ins Owner Change4.9%
Market Cap9.07B
Analysts85
Price Target115.53 (7.22%)
Short Float %8.91%
Short Ratio4.74
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)2.59%
Min EPS beat(2)-5.98%
Max EPS beat(2)11.16%
EPS beat(4)3
Avg EPS beat(4)4.91%
Min EPS beat(4)-5.98%
Max EPS beat(4)11.16%
EPS beat(8)7
Avg EPS beat(8)5.87%
EPS beat(12)9
Avg EPS beat(12)4.23%
EPS beat(16)11
Avg EPS beat(16)5.63%
Revenue beat(2)1
Avg Revenue beat(2)-0.03%
Min Revenue beat(2)-2.84%
Max Revenue beat(2)2.79%
Revenue beat(4)3
Avg Revenue beat(4)0.69%
Min Revenue beat(4)-2.84%
Max Revenue beat(4)2.79%
Revenue beat(8)5
Avg Revenue beat(8)1.4%
Revenue beat(12)7
Avg Revenue beat(12)0.15%
Revenue beat(16)10
Avg Revenue beat(16)1.01%
PT rev (1m)2.03%
PT rev (3m)4.57%
EPS NQ rev (1m)-0.05%
EPS NQ rev (3m)2.07%
EPS NY rev (1m)0.2%
EPS NY rev (3m)-0.06%
Revenue NQ rev (1m)-0.13%
Revenue NQ rev (3m)0.65%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.81 | ||
| Fwd PE | 30.69 | ||
| P/S | 7.5 | ||
| P/FCF | 38.4 | ||
| P/OCF | 23.38 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 21.33 |
EPS(TTM)2.64
EY2.45%
EPS(NY)3.51
Fwd EY3.26%
FCF(TTM)2.81
FCFY2.6%
OCF(TTM)4.61
OCFY4.28%
SpS14.38
BVpS-2.61
TBVpS-14.91
PEG (NY)2.55
PEG (5Y)4.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.81% | ||
| ROE | N/A | ||
| ROCE | 12.04% | ||
| ROIC | 8.67% | ||
| ROICexc | 10.34% | ||
| ROICexgc | 18.48% | ||
| OM | 27.89% | ||
| PM (TTM) | 14.84% | ||
| GM | 52.11% | ||
| FCFM | 19.52% |
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-Score6
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 9.17 | ||
| Debt/EBITDA | 4.31 | ||
| Cap/Depr | 95.33% | ||
| Cap/Sales | 12.54% | ||
| Interest Coverage | 3.53 | ||
| Cash Conversion | 78.11% | ||
| Profit Quality | 131.55% | ||
| Current Ratio | 2.1 | ||
| Quick Ratio | 2.09 | ||
| Altman-Z | 2.13 |
F-Score6
WACC7.86%
ROIC/WACC1.1
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)11.39%
EPS 3Y46.53%
EPS 5Y10.03%
EPS Q2Q%11.32%
EPS Next Y15.98%
EPS Next 2Y16.66%
EPS Next 3Y15.69%
EPS Next 5Y15.5%
Revenue 1Y (TTM)10.31%
Revenue growth 3Y26.27%
Revenue growth 5Y11.4%
Sales Q2Q%11.55%
Revenue Next Year12.04%
Revenue Next 2Y11.16%
Revenue Next 3Y10.46%
Revenue Next 5Y9.07%
EBIT growth 1Y17.8%
EBIT growth 3Y32.02%
EBIT growth 5Y6.66%
EBIT Next Year64.57%
EBIT Next 3Y26.62%
EBIT Next 5Y19.9%
FCF growth 1Y30.6%
FCF growth 3Y11.78%
FCF growth 5Y5.26%
OCF growth 1Y38.55%
OCF growth 3Y22.02%
OCF growth 5Y10.98%