PLANET FITNESS INC - CL A (PLNT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PLNT - US72703H1014 - Common Stock
109.07 USD
-0.88 (-0.8%)
109.07 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 valued quite expensive, but it does show an excellent growth. These ratings would make PLNT suitable 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.
Each year in the past 5 years PLNT had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.74%, PLNT is in the better half of the industry, outperforming 74.44% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 9.88%, PLNT is in the better half of the industry, outperforming 72.93% of the companies in the same industry.
PLNT had an Average Return On Invested Capital over the past 3 years of 7.31%. This is below the industry average of 10.39%.
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 | 6.74% | ||
| 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 15.99%, PLNT belongs to the top of the industry, outperforming 88.72% of the companies in the same industry.
In the last couple of years the Profit Margin of PLNT has declined.
With an excellent Operating Margin value of 29.34%, PLNT belongs to the best of the industry, outperforming 96.24% of the companies in the same industry.
In the last couple of years the Operating Margin of PLNT has declined.
PLNT has a better Gross Margin (51.92%) than 60.15% of its industry peers.
PLNT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.34% | ||
| PM (TTM) | 15.99% | ||
| GM | 51.92% |
OM growth 3Y4.53%
OM growth 5Y-4.27%
PM growth 3Y25.92%
PM growth 5Y-3.16%
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
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 2.26. 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 better Altman-Z score (2.26) than 62.41% of its industry peers.
The Debt to FCF ratio of PLNT is 10.68, which is on the high side as it means it would take PLNT, 10.68 years of fcf income to pay off all of its debts.
PLNT has a Debt to FCF ratio (10.68) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 10.68 | ||
| Altman-Z | 2.26 |
ROIC/WACC1.24
WACC7.95%
2.3 Liquidity
PLNT has a Current Ratio of 2.09. This indicates that PLNT is financially healthy and has no problem in meeting its short term obligations.
PLNT's Current ratio of 2.09 is amongst the best of the industry. PLNT outperforms 85.71% 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.
With an excellent Quick ratio value of 2.06, PLNT belongs to the best of the industry, outperforming 86.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.09 | ||
| 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.
The Revenue has grown by 14.39% 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)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
Based on estimates for the next years, PLNT will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.23% on average per year.
PLNT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.88% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 36.97 indicates a quite expensive valuation of PLNT.
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 26.92, PLNT is valued a bit more expensive.
Based on the Price/Forward Earnings ratio of 30.11, the valuation of PLNT can be described as expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as PLNT.
PLNT's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.97 | ||
| Fwd PE | 30.11 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PLNT indicates a slightly more expensive valuation: PLNT is more expensive than 66.92% of the companies listed in the same industry.
PLNT's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.98 | ||
| EV/EBITDA | 20.01 |
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 18.54% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.89
PEG (5Y)3.69
EPS Next 2Y18.5%
EPS Next 3Y18.54%
5. Dividend
5.1 Amount
PLNT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
109.07
-0.88 (-0.8%)
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 Cap9.09B
Revenue(TTM)1.29B
Net Income(TTM)206.00M
Analysts85
Price Target131.52 (20.58%)
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)0.51%
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 | 36.97 | ||
| Fwd PE | 30.11 | ||
| P/S | 7.05 | ||
| P/FCF | 44.98 | ||
| P/OCF | 25.38 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.01 |
EPS(TTM)2.95
EY2.7%
EPS(NY)3.62
Fwd EY3.32%
FCF(TTM)2.42
FCFY2.22%
OCF(TTM)4.3
OCFY3.94%
SpS15.47
BVpS-2.34
TBVpS-14.43
PEG (NY)1.89
PEG (5Y)3.69
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.74% | ||
| ROE | N/A | ||
| ROCE | 13.71% | ||
| ROIC | 9.88% | ||
| ROICexc | 11.77% | ||
| ROICexgc | 20.83% | ||
| OM | 29.34% | ||
| PM (TTM) | 15.99% | ||
| GM | 51.92% | ||
| FCFM | 15.68% |
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 3Y14.12%
ROICexgc growth 5Y-7.01%
ROICexc growth 3Y7.7%
ROICexc growth 5Y-8.04%
OM growth 3Y4.53%
OM growth 5Y-4.27%
PM growth 3Y25.92%
PM growth 5Y-3.16%
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 | 10.68 | ||
| Debt/EBITDA | 4 | ||
| Cap/Depr | 100% | ||
| Cap/Sales | 12.11% | ||
| Interest Coverage | 3.38 | ||
| Cash Conversion | 67.04% | ||
| Profit Quality | 98.06% | ||
| Current Ratio | 2.09 | ||
| Quick Ratio | 2.06 | ||
| Altman-Z | 2.26 |
F-Score8
WACC7.95%
ROIC/WACC1.24
Cap/Depr(3y)89.63%
Cap/Depr(5y)90.56%
Cap/Sales(3y)12.17%
Cap/Sales(5y)11.73%
Profit Quality(3y)130.47%
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 1Y23.71%
EBIT growth 3Y31.99%
EBIT growth 5Y6.64%
EBIT Next Year67.13%
EBIT Next 3Y29.21%
EBIT Next 5Y21.19%
FCF growth 1Y2.49%
FCF growth 3Y11.81%
FCF growth 5Y5.28%
OCF growth 1Y13.04%
OCF growth 3Y22.03%
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%.