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 135 industry peers in the Hotels, Restaurants & Leisure industry. PLNT has only an average score on both its financial health and profitability. PLNT is valued quite expensive, but it does show an excellent growth. This makes PLNT very considerable for growth investing!
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 has a Return On Assets of 5.01%. This is in the better half of the industry: PLNT outperforms 66.42% of its industry peers.
The Return On Invested Capital of PLNT (7.33%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for PLNT is below the industry average of 9.90%.
The 3 year average ROIC (6.20%) for PLNT is below the current ROIC(7.33%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.01% | ||
| ROE | N/A | ||
| ROIC | 7.33% |
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
With a decent Profit Margin value of 13.66%, PLNT is doing good in the industry, outperforming 78.36% of the companies in the same industry.
In the last couple of years the Profit Margin of PLNT has declined.
PLNT has a better Operating Margin (26.13%) than 91.79% of its industry peers.
In the last couple of years the Operating Margin of PLNT has declined.
PLNT has a Gross Margin (52.19%) which is in line with its industry peers.
PLNT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.13% | ||
| PM (TTM) | 13.66% | ||
| GM | 52.19% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PLNT is destroying 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.
The debt/assets ratio for PLNT has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.59, we must say that PLNT is in the distress zone and has some risk of bankruptcy.
PLNT has a Altman-Z score of 1.59. This is comparable to the rest of the industry: PLNT outperforms 48.51% of its industry peers.
PLNT has a debt to FCF ratio of 10.83. This is a negative value and a sign of low solvency as PLNT would need 10.83 years to pay back of all of its debts.
With a Debt to FCF ratio value of 10.83, PLNT perfoms like the industry average, outperforming 56.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 10.83 | ||
| Altman-Z | 1.59 |
ROIC/WACC0.93
WACC7.86%
2.3 Liquidity
A Current Ratio of 2.11 indicates that PLNT has no problem at all paying its short term obligations.
The Current ratio of PLNT (2.11) is better than 87.31% of its industry peers.
A Quick Ratio of 2.09 indicates that PLNT has no problem at all paying its short term obligations.
PLNT has a better Quick ratio (2.09) than 88.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.11 | ||
| 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 36.21%, which is quite impressive.
PLNT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.84% yearly.
Looking at the last year, PLNT shows a quite strong growth in Revenue. The Revenue has grown by 12.85% in the last year.
The Revenue has been growing by 13.34% on average over the past years. This is quite good.
EPS 1Y (TTM)36.21%
EPS 3Y321.72%
EPS 5Y12.84%
EPS growth Q2Q29.27%
Revenue 1Y (TTM)12.85%
Revenue growth 3Y38.12%
Revenue growth 5Y13.34%
Revenue growth Q2Q11.61%
3.2 Future
The Earnings Per Share is expected to grow by 15.46% on average over the next years. This is quite good.
Based on estimates for the next years, PLNT will show a quite strong growth in Revenue. The Revenue will grow by 9.91% on average per year.
EPS Next Y12.76%
EPS Next 2Y13.79%
EPS Next 3Y15.46%
EPS Next 5YN/A
Revenue Next Year6.98%
Revenue Next 2Y8.8%
Revenue Next 3Y9.91%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 27.53.
PLNT's Price/Earnings is on the same level as the industry average.
PLNT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.67, which is the current average of the S&P500 Index.
PLNT is valuated rather expensively with a Price/Forward Earnings ratio of 22.39.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PLNT is on the same level as its industry peers.
PLNT's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 20.15.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.53 | ||
| Fwd PE | 22.39 |
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 63.43% 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 | 31.47 | ||
| EV/EBITDA | 16.39 |
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's earnings are expected to grow with 15.46% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.16
PEG (5Y)2.14
EPS Next 2Y13.79%
EPS Next 3Y15.46%
5. Dividend
5.1 Amount
No dividends for PLNT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PLANET FITNESS INC - CL A
NYSE:PLNT (5/21/2024, 2:53:02 PM)
65.24
+0.47 (+0.73%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap5.75B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.53 | ||
| Fwd PE | 22.39 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)2.16
PEG (5Y)2.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.01% | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 26.13% | ||
| PM (TTM) | 13.66% | ||
| GM | 52.19% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.11 | ||
| Quick Ratio | 2.09 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)36.21%
EPS 3Y321.72%
EPS 5Y
EPS growth Q2Q
EPS Next Y12.76%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)12.85%
Revenue growth 3Y38.12%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y