Financials Planet Fitness, Inc.

Equities

PLNT

US72703H1014

Leisure & Recreation

Market Closed - Nyse 21:00:02 03/05/2024 BST 5-day change 1st Jan Change
59.53 USD -0.93% Intraday chart for Planet Fitness, Inc. -1.23% -18.45%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,108 6,351 7,549 6,573 6,237 5,185 - -
Enterprise Value (EV) 1 7,334 7,604 8,703 8,162 6,237 6,885 6,750 6,530
P/E ratio 53 x -409 x 178 x 66.8 x 45.1 x 30 x 26 x 21 x
Yield - - - - - - - -
Capitalization / Revenue 8.87 x 15.6 x 12.9 x 7.02 x 5.82 x 4.54 x 4.11 x 3.67 x
EV / Revenue 10.6 x 18.7 x 14.8 x 8.71 x 5.82 x 6.03 x 5.35 x 4.62 x
EV / EBITDA 26 x 63.2 x 38.8 x 22.3 x 14.3 x 14.4 x 12.7 x 10.9 x
EV / FCF 50.1 x -355 x 64.4 x 58.2 x - 35.2 x 27.6 x 18.1 x
FCF Yield 2% -0.28% 1.55% 1.72% - 2.84% 3.62% 5.51%
Price to Book -9.21 x -9.52 x -12.3 x -35.5 x - -104 x 38 x 16.3 x
Nbr of stocks (in thousands) 81,793 81,815 83,345 83,416 85,439 87,098 - -
Reference price 2 74.68 77.63 90.58 78.80 73.00 59.53 59.53 59.53
Announcement Date 25/02/20 18/02/21 24/02/22 23/02/23 22/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 688.8 406.6 587 936.8 1,071 1,142 1,263 1,414
EBITDA 1 282.2 120.4 224.4 365.8 435.4 479.1 533 600
EBIT 1 237.8 66.53 161.6 241.8 286 311.1 355.2 410.8
Operating Margin 34.53% 16.36% 27.54% 25.81% 26.69% 27.24% 28.13% 29.06%
Earnings before Tax (EBT) 1 173.2 -14.52 51.96 161.4 207.5 241 277.5 339.6
Net income 1 117.7 -14.99 42.77 99.4 138.3 168.3 194.2 229.5
Net margin 17.09% -3.69% 7.29% 10.61% 12.91% 14.74% 15.38% 16.23%
EPS 2 1.410 -0.1900 0.5100 1.180 1.620 1.987 2.287 2.830
Free Cash Flow 1 146.4 -21.42 135.2 140.2 - 195.8 244.4 360
FCF margin 21.26% -5.27% 23.03% 14.96% - 17.15% 19.36% 25.46%
FCF Conversion (EBITDA) 51.89% - 60.24% 38.31% - 40.87% 45.85% 60%
FCF Conversion (Net income) 124.41% - 316.11% 140.99% - 116.36% 125.85% 156.89%
Dividend per Share 2 - - - - - - - -
Announcement Date 25/02/20 18/02/21 24/02/22 23/02/23 22/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 154.3 183.6 186.7 224.4 244.4 281.3 222.2 286.5 277.6 285.1 248.6 292.1 290.2 311.7 288.3
EBITDA 1 62.16 63 77.34 89.92 93.9 106.1 90.21 118.9 111.9 114.3 103.2 127.3 120.6 128.8 116.6
EBIT 1 45.92 46.95 51.66 57.75 61.33 72.51 54.2 82.17 74.42 75.18 64.09 84.21 79.84 82.92 76.32
Operating Margin 29.77% 25.57% 27.67% 25.73% 25.1% 25.78% 24.39% 28.69% 26.81% 26.37% 25.78% 28.83% 27.51% 26.6% 26.47%
Earnings before Tax (EBT) 1 25.11 -2.866 30.32 33.74 46.34 51.04 34.6 60.07 55.04 57.83 44.74 69.33 62.66 64.83 59.45
Net income 1 17.44 5.74 16.46 22.34 26.91 33.68 22.7 41.14 39.13 35.34 30.45 48.31 44.4 45.63 38.3
Net margin 11.31% 3.13% 8.82% 9.95% 11.01% 11.98% 10.22% 14.36% 14.1% 12.4% 12.25% 16.54% 15.3% 14.64% 13.28%
EPS 2 0.2100 0.0700 0.1900 0.2600 0.3200 0.4000 0.2700 0.4800 0.4600 0.4100 0.3380 0.5760 0.5280 0.5440 0.4350
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 04/11/21 24/02/22 10/05/22 09/08/22 08/11/22 23/02/23 04/05/23 03/08/23 07/11/23 22/02/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,226 1,253 1,154 1,589 - 1,700 1,565 1,345
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.346 x 10.41 x 5.141 x 4.344 x - 3.548 x 2.936 x 2.242 x
Free Cash Flow 1 146 -21.4 135 140 - 196 244 360
ROE (net income / shareholders' equity) - -0.44% - - - - 107% 85%
ROA (Net income/ Total Assets) 9.55% 0.17% 3.7% 6.1% - 7.9% 9.33% 10.7%
Assets 1 1,232 -8,685 1,156 1,630 - 2,130 2,081 2,139
Book Value Per Share 2 -8.110 -8.150 -7.360 -2.220 - -0.5700 1.570 3.660
Cash Flow per Share 2 2.440 0.3500 2.260 2.840 - 2.430 4.250 -
Capex 1 57.9 52.6 54.1 100 - 170 164 167
Capex / Sales 8.4% 12.93% 9.21% 10.68% - 14.89% 12.97% 11.79%
Announcement Date 25/02/20 18/02/21 24/02/22 23/02/23 22/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
59.53 USD
Average target price
74.82 USD
Spread / Average Target
+25.69%
Consensus
  1. Stock Market
  2. Equities
  3. PLNT Stock
  4. Financials Planet Fitness, Inc.