PLANET FITNESS INC - CL A (PLNT) Stock Fundamental Analysis
USA - NYSE:PLNT - US72703H1014 - Common Stock
96.69 USD
+0.16 (+0.17%)
96.69 USD
0 (0%)
PLNT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 134 industry peers in the Hotels, Restaurants & Leisure industry. PLNT has only an average score on both its financial health and profitability. While showing a medium growth rate, PLNT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
PLNT had positive earnings in the past year.
PLNT had a positive operating cash flow in the past year.
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 6.06% is fine compared to the rest of the industry. PLNT outperforms 73.88% of its industry peers.
PLNT has a better Return On Invested Capital (9.04%) than 71.64% of its industry peers.
PLNT had an Average Return On Invested Capital over the past 3 years of 7.31%. This 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
With an excellent Profit Margin value of 15.12%, PLNT belongs to the best of the industry, outperforming 88.81% of the companies in the same industry.
In the last couple of years the Profit Margin of PLNT has declined.
Looking at the Operating Margin, with a value of 28.20%, PLNT belongs to the top of the industry, outperforming 95.52% of the companies in the same industry.
In the last couple of years the Operating Margin of PLNT has declined.
PLNT has a better Gross Margin (52.25%) than 61.94% 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PLNT is creating some value.
The number of shares outstanding for PLNT has been reduced compared to 1 year ago.
The number of shares outstanding for PLNT has been reduced compared to 5 years ago.
PLNT has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.04 indicates that PLNT is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.04, PLNT perfoms like the industry average, outperforming 55.22% of the companies in the same industry.
PLNT has a debt to FCF ratio of 10.58. This is a negative value and a sign of low solvency as PLNT would need 10.58 years to pay back of all of its debts.
PLNT has a Debt to FCF ratio (10.58) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 10.58 | ||
| Altman-Z | 2.04 |
ROIC/WACC1.2
WACC7.51%
2.3 Liquidity
A Current Ratio of 2.05 indicates that PLNT has no problem at all paying its short term obligations.
PLNT's Current ratio of 2.05 is amongst the best of the industry. PLNT outperforms 87.31% 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.
The Quick ratio of PLNT (2.04) is better than 87.31% 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.
Measured over the past years, PLNT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.03% on average per year.
The Revenue has grown by 12.47% in the past year. This is quite good.
The Revenue has been growing by 11.40% on average over the past years. This is quite good.
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
The Earnings Per Share is expected to grow by 15.55% on average over the next years. This is quite good.
The Revenue is expected to grow by 8.76% on average over the next years. This is quite good.
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
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
Based on the Price/Earnings ratio of 34.66, the valuation of PLNT can be described as expensive.
PLNT's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.57. PLNT is valued slightly more expensive when compared to this.
PLNT is valuated quite expensively with a Price/Forward Earnings ratio of 27.47.
PLNT's Price/Forward 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/Forward Earnings ratio to 23.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.66 | ||
| Fwd PE | 27.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLNT is valued a bit more expensive than the industry average as 68.66% of the companies are valued more cheaply.
PLNT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.86 | ||
| EV/EBITDA | 19.11 |
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)2.12
PEG (5Y)3.46
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 |
96.69
+0.16 (+0.17%)
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 Cap8.14B
Revenue(TTM)1.25B
Net Income(TTM)188.98M
Analysts85.22
Price Target126.26 (30.58%)
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 | 34.66 | ||
| Fwd PE | 27.47 | ||
| P/S | 6.51 | ||
| P/FCF | 39.86 | ||
| P/OCF | 23.02 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.11 |
EPS(TTM)2.79
EY2.89%
EPS(NY)3.52
Fwd EY3.64%
FCF(TTM)2.43
FCFY2.51%
OCF(TTM)4.2
OCFY4.34%
SpS14.84
BVpS-1.88
TBVpS-14.07
PEG (NY)2.12
PEG (5Y)3.46
Graham NumberN/A
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%
ROICexgc growth 3Y14.17%
ROICexgc 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 | 2.04 |
F-Score8
WACC7.51%
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%