Planet Fitness, Inc. (PLNT)

NYSE: PLNT · IEX Real-Time Price · USD
62.63
+1.62 (2.66%)
At close: Mar 28, 2024, 4:00 PM
63.19
+0.56 (0.89%)
After-hours: Mar 28, 2024, 7:38 PM EDT

Total Valuation

Planet Fitness has a market cap or net worth of $5.51 billion. The enterprise value is $7.48 billion.

Market Cap 5.51B
Enterprise Value 7.48B

Important Dates

The last earnings date was Thursday, February 23, 2023, before market open.

Earnings Date Feb 23, 2023
Ex-Dividend Date n/a

Share Statistics

Planet Fitness has 85.44 million shares outstanding. The number of shares has increased by 0.76% in one year.

Shares Outstanding 85.44M
Shares Change (YoY) +0.76%
Shares Change (QoQ) +1.47%
Owned by Insiders (%) 0.32%
Owned by Institutions (%) 113.04%
Float 75.27M

Valuation Ratios

The trailing PE ratio is 38.66 and the forward PE ratio is 24.70. Planet Fitness's PEG ratio is 1.69.

PE Ratio 38.66
Forward PE 24.70
PS Ratio 5.14
Forward PS 4.73
PB Ratio n/a
P/FCF Ratio 28.34
PEG Ratio 1.69
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 17.27, with an EV/FCF ratio of 38.46.

EV / Earnings 54.05
EV / Sales 6.98
EV / EBITDA 17.27
EV / EBIT 26.38
EV / FCF 38.46

Financial Position

The company has a current ratio of 1.88

Current Ratio 1.88
Quick Ratio 1.79
Debt / Equity n/a
Debt / EBITDA 5.46
Debt / FCF 12.17
Interest Coverage 3.27

Financial Efficiency

Return on equity (ROE) is -88.40% and return on invested capital (ROIC) is 8.52%.

Return on Equity (ROE) -88.40%
Return on Assets (ROA) 4.70%
Return on Capital (ROIC) 8.52%
Revenue Per Employee $314,080
Profits Per Employee $40,549
Employee Count 3,411
Asset Turnover 0.37
Inventory Turnover 103.34

Taxes

In the past 12 months, Planet Fitness has paid $58.51 million in taxes.

Income Tax 58.51M
Effective Tax Rate 29.73%

Stock Price Statistics

The stock price has decreased by -17.60% in the last 52 weeks. The beta is 1.40, so Planet Fitness's price volatility has been higher than the market average.

Beta (1Y) 1.40
52-Week Price Change -17.60%
50-Day Moving Average 65.47
200-Day Moving Average 63.25
Relative Strength Index (RSI) 51.40
Average Volume (30 Days) 1,604,778

Short Selling Information

The latest short interest is 4.77 million, so 5.59% of the outstanding shares have been sold short.

Short Interest 4.77M
Short Previous Month 3.75M
Short % of Shares Out 5.59%
Short % of Float 6.34%
Short Ratio (days to cover) 2.84

Income Statement

In the last 12 months, Planet Fitness had revenue of $1.07 billion and earned $138.31 million in profits. Earnings per share was $1.62.

Revenue 1.07B
Gross Profit 557.59M
Operating Income 272.86M
Pretax Income 196.83M
Net Income 138.31M
EBITDA 432.81M
EBIT 283.40M
Earnings Per Share (EPS) $1.62
Full Income Statement

Balance Sheet

The company has $397.02 million in cash and $2.37 billion in debt, giving a net cash position of -$1.97 billion or -$23.04 per share.

Cash & Cash Equivalents 397.02M
Total Debt 2.37B
Net Cash -1.97B
Net Cash Per Share -$23.04
Equity / Book Value -115.65M
Book Value Per Share -1.35
Working Capital 220.49M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $330.25 million and capital expenditures -$135.89 million, giving a free cash flow of $194.37 million.

Operating Cash Flow 330.25M
Capital Expenditures -135.89M
Free Cash Flow 194.37M
FCF Per Share $2.29
Full Cash Flow Statement

Margins

Gross margin is 52.05%, with operating and profit margins of 25.47% and 12.91%.

Gross Margin 52.05%
Operating Margin 25.47%
Pretax Margin 18.37%
Profit Margin 12.91%
EBITDA Margin 40.40%
EBIT Margin 26.45%
FCF Margin 18.14%

Dividends & Yields

Planet Fitness does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.76%
Shareholder Yield -0.76%
Earnings Yield 2.51%
FCF Yield 3.53%
Dividend Details

Analyst Forecast

The average price target for Planet Fitness is $72.60, which is 15.92% higher than the current price. The consensus rating is "Buy".

Price Target $72.60
Price Target Difference 15.92%
Analyst Consensus Buy
Analyst Count 15
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Planet Fitness has an Altman Z-Score of 1.51 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.51
Piotroski F-Score 6