PLANET FITNESS INC - CL A (PLNT)
US72703H1014 - Common Stock
Taking everything into account, PLNT scores 5 out of 10 in our fundamental rating. PLNT was compared to 133 industry peers in the Hotels, Restaurants & Leisure industry. Both the profitability and the financial health of PLNT get a neutral evaluation. Nothing too spectacular is happening here. While showing a medium growth rate, PLNT is valued expensive at the moment.
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.
PLNT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of PLNT (5.26%) is better than 69.92% of its industry peers.
PLNT has a Return On Invested Capital of 7.78%. This is in the better half of the industry: PLNT outperforms 61.65% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PLNT is below the industry average of 10.54%.
The 3 year average ROIC (6.20%) for PLNT is below the current ROIC(7.78%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.26% | ||
| ROE | N/A | ||
| ROIC | 7.78% |
ROA(3y)3.42%
ROA(5y)3.26%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)6.2%
ROIC(5y)6.3%
1.3 Margins
PLNT has a Profit Margin of 14.23%. This is amongst the best in the industry. PLNT outperforms 84.96% of its industry peers.
In the last couple of years the Profit Margin of PLNT has declined.
With an excellent Operating Margin value of 27.15%, PLNT belongs to the best of the industry, outperforming 92.48% 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 52.67% 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 | 27.15% | ||
| PM (TTM) | 14.23% | ||
| GM | 52.67% |
OM growth 3Y20.1%
OM growth 5Y-4.57%
PM growth 3YN/A
PM growth 5Y-3.42%
GM growth 3Y4.28%
GM growth 5Y0.38%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PLNT is destroying 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 better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.96 indicates that PLNT is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of PLNT (1.96) is comparable to the rest of the industry.
PLNT has a debt to FCF ratio of 11.23. This is a negative value and a sign of low solvency as PLNT would need 11.23 years to pay back of all of its debts.
The Debt to FCF ratio of PLNT (11.23) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 11.23 | ||
| Altman-Z | 1.96 |
ROIC/WACC0.97
WACC8.03%
2.3 Liquidity
PLNT has a Current Ratio of 1.94. This is a normal value and indicates that PLNT is financially healthy and should not expect problems in meeting its short term obligations.
PLNT has a Current ratio of 1.94. This is amongst the best in the industry. PLNT outperforms 84.21% of its industry peers.
PLNT has a Quick Ratio of 1.93. This is a normal value and indicates that PLNT is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of PLNT (1.93) is better than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.93 |
3. Growth
3.1 Past
PLNT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.76%, which is quite good.
The Earnings Per Share has been growing by 12.84% on average over the past years. This is quite good.
Looking at the last year, PLNT shows a small growth in Revenue. The Revenue has grown by 5.50% in the last year.
PLNT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.34% yearly.
EPS 1Y (TTM)13.76%
EPS 3Y321.72%
EPS 5Y12.84%
EPS Q2Q%8.47%
Revenue 1Y (TTM)5.5%
Revenue growth 3Y38.12%
Revenue growth 5Y13.34%
Sales Q2Q%5.29%
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 14.64% yearly.
PLNT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.58% yearly.
EPS Next Y13.34%
EPS Next 2Y15.09%
EPS Next 3Y15.43%
EPS Next 5Y14.64%
Revenue Next Year9%
Revenue Next 2Y9.18%
Revenue Next 3Y9.51%
Revenue Next 5Y9.58%
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 stable.
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
PLNT is valuated quite expensively with a Price/Earnings ratio of 40.75.
PLNT's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of PLNT to the average of the S&P500 Index (27.54), we can say PLNT is valued slightly more expensively.
PLNT is valuated quite expensively with a Price/Forward Earnings ratio of 33.91.
The rest of the industry has a similar Price/Forward Earnings ratio as PLNT.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.99, PLNT is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.75 | ||
| Fwd PE | 33.91 |
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 69.92% of the companies listed 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 | 44.12 | ||
| EV/EBITDA | 21.94 |
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.
PLNT's earnings are expected to grow with 15.43% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.05
PEG (5Y)3.17
EPS Next 2Y15.09%
EPS Next 3Y15.43%
5. Dividend
5.1 Amount
No dividends for PLNT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PLANET FITNESS INC - CL A
NYSE:PLNT (12/24/2024, 7:32:02 PM)
After market: 100.39 -0.67 (-0.66%)101.06
+0.86 (+0.86%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners116.55%
Inst Owner Change-3.22%
Ins Owners0.34%
Ins Owner Change-0.71%
Market Cap8.55B
Analysts82.4
Price Target104.45 (3.35%)
Short Float %3.46%
Short Ratio2.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/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)7.24%
Min EPS beat(2)5.74%
Max EPS beat(2)8.74%
EPS beat(4)4
Avg EPS beat(4)4.76%
Min EPS beat(4)1.39%
Max EPS beat(4)8.74%
EPS beat(8)7
Avg EPS beat(8)4.76%
EPS beat(12)9
Avg EPS beat(12)4.96%
EPS beat(16)10
Avg EPS beat(16)0.66%
Revenue beat(2)2
Avg Revenue beat(2)1.4%
Min Revenue beat(2)0.44%
Max Revenue beat(2)2.36%
Revenue beat(4)2
Avg Revenue beat(4)-0.42%
Min Revenue beat(4)-2.54%
Max Revenue beat(4)2.36%
Revenue beat(8)5
Avg Revenue beat(8)0.51%
Revenue beat(12)7
Avg Revenue beat(12)-0.1%
Revenue beat(16)9
Avg Revenue beat(16)0.08%
PT rev (1m)15.52%
PT rev (3m)16.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.42%
EPS NY rev (1m)1.21%
EPS NY rev (3m)2.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.52%
Revenue NY rev (1m)-4.74%
Revenue NY rev (3m)2.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.75 | ||
| Fwd PE | 33.91 | ||
| P/S | 7.59 | ||
| P/FCF | 44.12 | ||
| P/OCF | 23.87 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 21.94 |
EPS(TTM)2.48
EY2.45%
EPS(NY)2.98
Fwd EY2.95%
FCF(TTM)2.29
FCFY2.27%
OCF(TTM)4.23
OCFY4.19%
SpS13.31
BVpS-3.15
TBVpS-15.6
PEG (NY)3.05
PEG (5Y)3.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.26% | ||
| ROE | N/A | ||
| ROCE | 11.07% | ||
| ROIC | 7.78% | ||
| ROICexc | 9.13% | ||
| ROICexgc | 16.51% | ||
| OM | 27.15% | ||
| PM (TTM) | 14.23% | ||
| GM | 52.67% | ||
| FCFM | 17.2% |
ROA(3y)3.42%
ROA(5y)3.26%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)6.2%
ROIC(5y)6.3%
ROICexc(3y)7.69%
ROICexc(5y)8.17%
ROICexgc(3y)13.79%
ROICexgc(5y)14.16%
ROCE(3y)8.83%
ROCE(5y)8.97%
ROICexcg growth 3Y45.01%
ROICexcg growth 5Y-10.39%
ROICexc growth 3Y35.78%
ROICexc growth 5Y-10.23%
OM growth 3Y20.1%
OM growth 5Y-4.57%
PM growth 3YN/A
PM growth 5Y-3.42%
GM growth 3Y4.28%
GM growth 5Y0.38%
F-Score7
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 11.23 | ||
| Debt/EBITDA | 4.63 | ||
| Cap/Depr | 103.15% | ||
| Cap/Sales | 14.59% | ||
| Interest Coverage | 4.14 | ||
| Cash Conversion | 76.98% | ||
| Profit Quality | 120.86% | ||
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.93 | ||
| Altman-Z | 1.96 |
F-Score7
WACC8.03%
ROIC/WACC0.97
Cap/Depr(3y)85.96%
Cap/Depr(5y)97.41%
Cap/Sales(3y)10.87%
Cap/Sales(5y)10.8%
Profit Quality(3y)199.1%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)13.76%
EPS 3Y321.72%
EPS 5Y12.84%
EPS Q2Q%8.47%
EPS Next Y13.34%
EPS Next 2Y15.09%
EPS Next 3Y15.43%
EPS Next 5Y14.64%
Revenue 1Y (TTM)5.5%
Revenue growth 3Y38.12%
Revenue growth 5Y13.34%
Sales Q2Q%5.29%
Revenue Next Year9%
Revenue Next 2Y9.18%
Revenue Next 3Y9.51%
Revenue Next 5Y9.58%
EBIT growth 1Y14.97%
EBIT growth 3Y65.88%
EBIT growth 5Y8.16%
EBIT Next Year58.93%
EBIT Next 3Y27.35%
EBIT Next 5Y22.5%
FCF growth 1Y35.67%
FCF growth 3YN/A
FCF growth 5Y6.25%
OCF growth 1Y55.56%
OCF growth 3Y119.8%
OCF growth 5Y12.36%