PLANET FITNESS INC - CL A (PLNT) Stock Fundamental Analysis
USA - NYSE:PLNT - US72703H1014 - Common Stock
94.23 USD
+1.65 (+1.78%)
94.23 USD
0 (0%)
Overall PLNT gets a fundamental rating of 5 out of 10. We evaluated PLNT against 134 industry peers in the Hotels, Restaurants & Leisure industry. PLNT has only an average score on both its financial health and profitability. 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.
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 has a Return On Assets of 6.06%. This is in the better half of the industry: PLNT outperforms 74.07% of its industry peers.
PLNT's Return On Invested Capital of 9.04% is fine compared to the rest of the industry. PLNT outperforms 71.85% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PLNT is below the industry average of 10.67%.
The 3 year average ROIC (7.31%) for PLNT is below the current ROIC(9.04%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.06% | ||
| ROE | N/A | ||
| ROIC | 9.04% |
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 has a Profit Margin of 15.12%. This is amongst the best in the industry. PLNT outperforms 88.89% of its industry peers.
PLNT's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 28.20%, PLNT belongs to the top of the industry, outperforming 95.56% of the companies in the same industry.
In the last couple of years the Operating Margin of PLNT has declined.
PLNT has a Gross Margin of 52.25%. This is in the better half of the industry: PLNT outperforms 61.48% 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 | 28.2% | ||
| PM (TTM) | 15.12% | ||
| GM | 52.25% |
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
PLNT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, PLNT has less shares outstanding
Compared to 5 years ago, PLNT has less shares outstanding
The debt/assets ratio for PLNT is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.00 indicates that PLNT is not a great score, but indicates only limited risk for bankruptcy at the moment.
PLNT's Altman-Z score of 2.00 is in line compared to the rest of the industry. PLNT outperforms 54.07% of its industry peers.
The Debt to FCF ratio of PLNT is 10.58, which is on the high side as it means it would take PLNT, 10.58 years of fcf income to pay off all of its debts.
PLNT's Debt to FCF ratio of 10.58 is in line compared to the rest of the industry. PLNT outperforms 57.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 10.58 | ||
| Altman-Z | 2 |
ROIC/WACC1.2
WACC7.52%
2.3 Liquidity
PLNT has a Current Ratio of 2.05. This indicates that PLNT is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of PLNT (2.05) is better than 87.41% of its industry peers.
A Quick Ratio of 2.04 indicates that PLNT has no problem at all paying its short term obligations.
The Quick ratio of PLNT (2.04) is better than 87.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.05 | ||
| Quick Ratio | 2.04 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 14.81% over the past year.
PLNT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.03% yearly.
PLNT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.47%.
PLNT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.40% yearly.
EPS 1Y (TTM)14.81%
EPS 3Y46.53%
EPS 5Y10.03%
EPS Q2Q%21.13%
Revenue 1Y (TTM)12.47%
Revenue growth 3Y26.27%
Revenue growth 5Y11.4%
Sales Q2Q%13.27%
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 15.55% yearly.
Based on estimates for the next years, PLNT will show a quite strong growth in Revenue. The Revenue will grow by 8.76% on average per year.
EPS Next Y16.34%
EPS Next 2Y16.81%
EPS Next 3Y16.24%
EPS Next 5Y15.55%
Revenue Next Year11.95%
Revenue Next 2Y10.82%
Revenue Next 3Y10.64%
Revenue Next 5Y8.76%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
PLNT is valuated quite expensively with a Price/Earnings ratio of 33.77.
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 27.42, PLNT is valued a bit more expensive.
Based on the Price/Forward Earnings ratio of 26.77, the valuation of PLNT can be described as expensive.
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 22.94, PLNT is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.77 | ||
| Fwd PE | 26.77 |
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 66.67% 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 | 38.85 | ||
| EV/EBITDA | 18.71 |
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 16.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.07
PEG (5Y)3.37
EPS Next 2Y16.81%
EPS Next 3Y16.24%
5. Dividend
5.1 Amount
PLNT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
94.23
+1.65 (+1.78%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners116.93%
Inst Owner Change-0.01%
Ins Owners0.35%
Ins Owner Change-2.05%
Market Cap7.94B
Analysts85.22
Price Target126.26 (33.99%)
Short Float %8.19%
Short Ratio5.42
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)0.25%
Min EPS beat(2)-5.98%
Max EPS beat(2)6.48%
EPS beat(4)3
Avg EPS beat(4)5.1%
Min EPS beat(4)-5.98%
Max EPS beat(4)11.16%
EPS beat(8)7
Avg EPS beat(8)4.56%
EPS beat(12)10
Avg EPS beat(12)4.92%
EPS beat(16)12
Avg EPS beat(16)6.68%
Revenue beat(2)1
Avg Revenue beat(2)-0.77%
Min Revenue beat(2)-2.84%
Max Revenue beat(2)1.3%
Revenue beat(4)3
Avg Revenue beat(4)0.42%
Min Revenue beat(4)-2.84%
Max Revenue beat(4)2.79%
Revenue beat(8)5
Avg Revenue beat(8)0.13%
Revenue beat(12)8
Avg Revenue beat(12)0.62%
Revenue beat(16)10
Avg Revenue beat(16)0.75%
PT rev (1m)1.56%
PT rev (3m)9.29%
EPS NQ rev (1m)-0.52%
EPS NQ rev (3m)-2.92%
EPS NY rev (1m)0%
EPS NY rev (3m)0.31%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)-1.45%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.77 | ||
| Fwd PE | 26.77 | ||
| P/S | 6.35 | ||
| P/FCF | 38.85 | ||
| P/OCF | 22.43 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.71 |
EPS(TTM)2.79
EY2.96%
EPS(NY)3.52
Fwd EY3.74%
FCF(TTM)2.43
FCFY2.57%
OCF(TTM)4.2
OCFY4.46%
SpS14.84
BVpS-1.88
TBVpS-14.07
PEG (NY)2.07
PEG (5Y)3.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.06% | ||
| ROE | N/A | ||
| ROCE | 12.55% | ||
| ROIC | 9.04% | ||
| ROICexc | 10.73% | ||
| ROICexgc | 18.95% | ||
| OM | 28.2% | ||
| PM (TTM) | 15.12% | ||
| GM | 52.25% | ||
| FCFM | 16.34% |
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-Score8
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 10.58 | ||
| Debt/EBITDA | 4.19 | ||
| Cap/Depr | 94.72% | ||
| Cap/Sales | 11.96% | ||
| Interest Coverage | 3.52 | ||
| Cash Conversion | 69.31% | ||
| Profit Quality | 108.11% | ||
| Current Ratio | 2.05 | ||
| Quick Ratio | 2.04 | ||
| Altman-Z | 2 |
F-Score8
WACC7.52%
ROIC/WACC1.2
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)14.81%
EPS 3Y46.53%
EPS 5Y10.03%
EPS Q2Q%21.13%
EPS Next Y16.34%
EPS Next 2Y16.81%
EPS Next 3Y16.24%
EPS Next 5Y15.55%
Revenue 1Y (TTM)12.47%
Revenue growth 3Y26.27%
Revenue growth 5Y11.4%
Sales Q2Q%13.27%
Revenue Next Year11.95%
Revenue Next 2Y10.82%
Revenue Next 3Y10.64%
Revenue Next 5Y8.76%
EBIT growth 1Y18.74%
EBIT growth 3Y32.02%
EBIT growth 5Y6.66%
EBIT Next Year65.38%
EBIT Next 3Y27.45%
EBIT Next 5Y19.71%
FCF growth 1Y11.4%
FCF growth 3Y11.78%
FCF growth 5Y5.26%
OCF growth 1Y23.2%
OCF growth 3Y22.02%
OCF growth 5Y10.98%