Financials Planet Fitness, Inc.

Equities

PLNT

US72703H1014

Leisure & Recreation

Market Closed - Nyse 04:00:02 2024-05-15 pm EDT 5-day change 1st Jan Change
67.3 USD +2.28% Intraday chart for Planet Fitness, Inc. +8.81% -7.81%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,108 6,351 7,549 6,573 6,237 5,759 - -
Enterprise Value (EV) 1 7,334 7,604 8,703 8,162 6,237 7,477 7,352 7,167
P/E ratio 53 x -409 x 178 x 66.8 x 45.1 x 34.2 x 28.6 x 24.8 x
Yield - - - - - - - -
Capitalization / Revenue 8.87 x 15.6 x 12.9 x 7.02 x 5.82 x 5.09 x 4.61 x 4.19 x
EV / Revenue 10.6 x 18.7 x 14.8 x 8.71 x 5.82 x 6.6 x 5.89 x 5.22 x
EV / EBITDA 26 x 63.2 x 38.8 x 22.3 x 14.3 x 15.9 x 14 x 12.2 x
EV / FCF 50.1 x -355 x 64.4 x 58.2 x - 39.6 x 30.4 x 21.8 x
FCF Yield 2% -0.28% 1.55% 1.72% - 2.53% 3.29% 4.6%
Price to Book -9.21 x -9.52 x -12.3 x -35.5 x - -125 x 33.2 x 18.8 x
Nbr of stocks (in thousands) 81,793 81,815 83,345 83,416 85,439 87,529 - -
Reference price 2 74.68 77.63 90.58 78.80 73.00 65.80 65.80 65.80
Announcement Date 2/25/20 2/18/21 2/24/22 2/23/23 2/22/24 - - -
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 1,133 1,249 1,374
EBITDA 1 282.2 120.4 224.4 365.8 435.4 470.7 526.5 587
EBIT 1 237.8 66.53 161.6 241.8 286 302.4 348.3 404.6
Operating Margin 34.53% 16.36% 27.54% 25.81% 26.69% 26.7% 27.89% 29.45%
Earnings before Tax (EBT) 1 173.2 -14.52 51.96 161.4 207.5 233.3 274.7 325.7
Net income 1 117.7 -14.99 42.77 99.4 138.3 163.6 195.7 218.6
Net margin 17.09% -3.69% 7.29% 10.61% 12.91% 14.45% 15.67% 15.91%
EPS 2 1.410 -0.1900 0.5100 1.180 1.620 1.922 2.297 2.655
Free Cash Flow 1 146.4 -21.42 135.2 140.2 - 188.8 242.1 329.5
FCF margin 21.26% -5.27% 23.03% 14.96% - 16.67% 19.38% 23.98%
FCF Conversion (EBITDA) 51.89% - 60.24% 38.31% - 40.11% 45.97% 56.13%
FCF Conversion (Net income) 124.41% - 316.11% 140.99% - 115.4% 123.67% 150.73%
Dividend per Share 2 - - - - - - - -
Announcement Date 2/25/20 2/18/21 2/24/22 2/23/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 2025 Q2
Net sales 1 183.6 186.7 224.4 244.4 281.3 222.2 286.5 277.6 285.1 248 291.9 288.3 304.3 289.9 317.8
EBITDA 1 63 77.34 89.92 93.9 106.1 90.21 118.9 111.9 114.3 106.3 124.9 117.4 121.5 120.5 140.1
EBIT 1 46.95 51.66 57.75 61.33 72.51 54.2 82.17 74.42 75.18 66.93 83.85 76.42 78.09 77.95 94.65
Operating Margin 25.57% 27.67% 25.73% 25.1% 25.78% 24.39% 28.69% 26.81% 26.37% 26.99% 28.73% 26.5% 25.66% 26.89% 29.78%
Earnings before Tax (EBT) 1 -2.866 30.32 33.74 46.34 51.04 34.6 60.07 55.04 57.83 50.5 66.44 58.48 60.28 61.7 77.12
Net income 1 5.74 16.46 22.34 26.91 33.68 22.7 41.14 39.13 35.34 34.31 46.04 41.31 42.35 42.78 55.48
Net margin 3.13% 8.82% 9.95% 11.01% 11.98% 10.22% 14.36% 14.1% 12.4% 13.83% 15.77% 14.33% 13.92% 14.76% 17.46%
EPS 2 0.0700 0.1900 0.2600 0.3200 0.4000 0.2700 0.4800 0.4600 0.4100 0.3900 0.5380 0.4920 0.5140 0.5000 0.6700
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 2/24/22 5/10/22 8/9/22 11/8/22 2/23/23 5/4/23 8/3/23 11/7/23 2/22/24 5/9/24 - - - - -
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 - 1,717 1,592 1,408
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.346 x 10.41 x 5.141 x 4.344 x - 3.649 x 3.024 x 2.399 x
Free Cash Flow 1 146 -21.4 135 140 - 189 242 330
ROE (net income / shareholders' equity) - -0.44% - - - - 95% 79.4%
ROA (Net income/ Total Assets) 9.55% 0.17% 3.7% 6.1% - 7.54% 8.85% 10.2%
Assets 1 1,232 -8,685 1,156 1,630 - 2,170 2,212 2,133
Book Value Per Share 2 -8.110 -8.150 -7.360 -2.220 - -0.5300 1.980 3.510
Cash Flow per Share 2 2.440 0.3500 2.260 2.840 - 3.110 4.090 5.390
Capex 1 57.9 52.6 54.1 100 - 170 164 167
Capex / Sales 8.4% 12.93% 9.21% 10.68% - 15.02% 13.12% 12.13%
Announcement Date 2/25/20 2/18/21 2/24/22 2/23/23 2/22/24 - - -
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
17
Last Close Price
65.8 USD
Average target price
77.31 USD
Spread / Average Target
+17.50%
Consensus
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