PLANET FITNESS INC - CL A (PLNT) Stock Fundamental Analysis
NYSE:PLNT - US72703H1014 - Common Stock
104.8 USD
-2 (-1.87%)
104.8 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to PLNT. PLNT was compared to 131 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. PLNT is quite expensive at the moment. 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.
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 better Return On Assets (6.06%) than 75.57% of its industry peers.
PLNT has a better Return On Invested Capital (9.04%) than 71.76% of its industry peers.
PLNT had an Average Return On Invested Capital over the past 3 years of 7.31%. This is significantly below the industry average of 15.87%.
The last Return On Invested Capital (9.04%) for PLNT is above the 3 year average (7.31%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 15.12%, PLNT belongs to the top of the industry, outperforming 88.55% of the companies in the same industry.
PLNT's Profit Margin has declined in the last couple of years.
PLNT's Operating Margin of 28.20% is amongst the best of the industry. PLNT outperforms 95.42% of its industry peers.
PLNT's Operating Margin has declined in the last couple of years.
PLNT has a better Gross Margin (52.25%) than 61.07% of its industry peers.
PLNT's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PLNT is still creating some value.
The number of shares outstanding for PLNT has been reduced compared to 1 year ago.
Compared to 5 years ago, PLNT has less shares outstanding
PLNT has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.20 indicates that PLNT is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.20, PLNT is in line with its industry, outperforming 58.02% of the companies in the same industry.
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 59.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 10.58 | ||
| Altman-Z | 2.2 |
ROIC/WACC1.05
WACC8.58%
2.3 Liquidity
A Current Ratio of 2.05 indicates that PLNT has no problem at all paying its short term obligations.
The Current ratio of PLNT (2.05) is better than 86.26% of its industry peers.
PLNT has a Quick Ratio of 2.04. This indicates that PLNT is financially healthy and has no problem in meeting its short term obligations.
PLNT has a better Quick ratio (2.04) than 86.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.05 | ||
| Quick Ratio | 2.04 |
3. Growth
3.1 Past
PLNT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.81%, which is quite good.
The Earnings Per Share has been growing by 10.03% on average over the past years. This is quite good.
Looking at the last year, PLNT shows a quite strong growth in Revenue. The Revenue has grown by 12.47% in the last year.
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 15.41% yearly.
PLNT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.75% yearly.
EPS Next Y16.83%
EPS Next 2Y16.87%
EPS Next 3Y15.59%
EPS Next 5Y15.41%
Revenue Next Year12.04%
Revenue Next 2Y10.9%
Revenue Next 3Y10.62%
Revenue Next 5Y8.75%
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 accelerating.
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
A Price/Earnings ratio of 37.56 indicates a quite expensive valuation of PLNT.
The rest of the industry has a similar Price/Earnings ratio as PLNT.
The average S&P500 Price/Earnings ratio is at 27.08. PLNT is valued slightly more expensive when compared to this.
With a Price/Forward Earnings ratio of 29.74, PLNT can be considered very expensive at the moment.
PLNT's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.72. PLNT is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.56 | ||
| Fwd PE | 29.74 |
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 67.94% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PLNT is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.21 | ||
| EV/EBITDA | 20.78 |
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.
A more expensive valuation may be justified as PLNT's earnings are expected to grow with 15.59% in the coming years.
PEG (NY)2.23
PEG (5Y)3.75
EPS Next 2Y16.87%
EPS Next 3Y15.59%
5. Dividend
5.1 Amount
No dividends for PLNT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
104.8
-2 (-1.87%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners117.4%
Inst Owner Change-3.42%
Ins Owners0.35%
Ins Owner Change4.79%
Market Cap8.83B
Analysts85.22
Price Target124.31 (18.62%)
Short Float %6.37%
Short Ratio3.72
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)5.8%
PT rev (3m)9.79%
EPS NQ rev (1m)-1.13%
EPS NQ rev (3m)0.78%
EPS NY rev (1m)0.73%
EPS NY rev (3m)0.93%
Revenue NQ rev (1m)-0.87%
Revenue NQ rev (3m)1.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.56 | ||
| Fwd PE | 29.74 | ||
| P/S | 7.06 | ||
| P/FCF | 43.21 | ||
| P/OCF | 24.95 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.78 |
EPS(TTM)2.79
EY2.66%
EPS(NY)3.52
Fwd EY3.36%
FCF(TTM)2.43
FCFY2.31%
OCF(TTM)4.2
OCFY4.01%
SpS14.84
BVpS-1.88
TBVpS-14.07
PEG (NY)2.23
PEG (5Y)3.75
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 | 2.2 |
F-Score8
WACC8.58%
ROIC/WACC1.05
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 Y16.83%
EPS Next 2Y16.87%
EPS Next 3Y15.59%
EPS Next 5Y15.41%
Revenue 1Y (TTM)12.47%
Revenue growth 3Y26.27%
Revenue growth 5Y11.4%
Sales Q2Q%13.27%
Revenue Next Year12.04%
Revenue Next 2Y10.9%
Revenue Next 3Y10.62%
Revenue Next 5Y8.75%
EBIT growth 1Y18.74%
EBIT growth 3Y32.02%
EBIT growth 5Y6.66%
EBIT Next Year64.95%
EBIT Next 3Y27.08%
EBIT Next 5Y19.6%
FCF growth 1Y11.4%
FCF growth 3Y11.78%
FCF growth 5Y5.26%
OCF growth 1Y23.2%
OCF growth 3Y22.02%
OCF growth 5Y10.98%