PLANET FITNESS INC - CL A (PLNT) Stock Fundamental Analysis
NYSE:PLNT - New York Stock Exchange, Inc. - US72703H1014 - Common Stock - Currency: USD
Taking everything into account, PLNT scores 5 out of 10 in our fundamental rating. PLNT was compared to 134 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.
In the past year PLNT had a positive cash flow from operations.
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's Return On Assets of 5.26% is fine compared to the rest of the industry. PLNT outperforms 69.47% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.78%, PLNT is in the better half of the industry, outperforming 60.31% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PLNT is below the industry average of 10.55%.
The last Return On Invested Capital (7.78%) for PLNT is above the 3 year average (6.20%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 14.23%, PLNT belongs to the top of the industry, outperforming 84.73% of the companies in the same industry.
PLNT's Profit Margin has declined in the last couple of years.
PLNT has a Operating Margin of 27.15%. This is amongst the best in the industry. PLNT outperforms 92.37% of its industry peers.
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 62.60% 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 | 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
PLNT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, PLNT has less shares outstanding
PLNT has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, PLNT has an improved debt to assets ratio.
2.2 Solvency
PLNT has an Altman-Z score of 2.08. 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.
With a Altman-Z score value of 2.08, PLNT perfoms like the industry average, outperforming 55.73% of the companies in the same 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.
PLNT has a Debt to FCF ratio of 11.23. This is comparable to the rest of the industry: PLNT outperforms 58.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 11.23 | ||
| Altman-Z | 2.08 |
ROIC/WACC0.97
WACC8.04%
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.
Looking at the Current ratio, with a value of 1.94, PLNT belongs to the top of the industry, outperforming 83.97% of the companies in the same industry.
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.
PLNT's Quick ratio of 1.93 is amongst the best of the industry. PLNT outperforms 85.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.93 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.76% over the past year.
The Earnings Per Share has been growing by 12.84% on average over the past years. This is quite good.
PLNT shows a small growth in Revenue. In the last year, the Revenue has grown by 5.50%.
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.
The Revenue is expected to grow by 9.58% on average over the next years. This is quite good.
EPS Next Y13.34%
EPS Next 2Y15.09%
EPS Next 3Y15.43%
EPS Next 5Y14.64%
Revenue Next Year9.09%
Revenue Next 2Y9.34%
Revenue Next 3Y9.94%
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
A Price/Earnings ratio of 43.61 indicates a quite expensive valuation of PLNT.
The rest of the industry has a similar Price/Earnings ratio as PLNT.
PLNT's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.46.
A Price/Forward Earnings ratio of 36.29 indicates a quite expensive valuation of PLNT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PLNT is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 92.56. PLNT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.61 | ||
| Fwd PE | 36.29 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLNT is valued a bit more expensive than 72.52% 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 | 47.22 | ||
| EV/EBITDA | 23.4 |
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 15.43% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.27
PEG (5Y)3.4
EPS Next 2Y15.09%
EPS Next 3Y15.43%
5. Dividend
5.1 Amount
PLNT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PLANET FITNESS INC - CL A
NYSE:PLNT (1/31/2025, 8:04:00 PM)
After market: 108.16 0 (0%)108.16
-0.91 (-0.83%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners116.55%
Inst Owner Change0.07%
Ins Owners0.34%
Ins Owner Change-1.07%
Market Cap9.15B
Analysts82.4
Price Target106.72 (-1.33%)
Short Float %3.53%
Short Ratio2.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
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)2.17%
PT rev (3m)16.98%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.42%
EPS NY rev (1m)0%
EPS NY rev (3m)2.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.52%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)2.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.61 | ||
| Fwd PE | 36.29 | ||
| P/S | 8.12 | ||
| P/FCF | 47.22 | ||
| P/OCF | 25.55 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 23.4 |
EPS(TTM)2.48
EY2.29%
EPS(NY)2.98
Fwd EY2.76%
FCF(TTM)2.29
FCFY2.12%
OCF(TTM)4.23
OCFY3.91%
SpS13.31
BVpS-3.15
TBVpS-15.6
PEG (NY)3.27
PEG (5Y)3.4
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 | 2.08 |
F-Score7
WACC8.04%
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 Year9.09%
Revenue Next 2Y9.34%
Revenue Next 3Y9.94%
Revenue Next 5Y9.58%
EBIT growth 1Y14.97%
EBIT growth 3Y65.88%
EBIT growth 5Y8.16%
EBIT Next Year58.97%
EBIT Next 3Y27.42%
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%