Planet Fitness, Inc.

Planet Fitness, Inc.

PLNTยทNYSE

$51.53

-0.69%
Consumer CyclicalLeisure

Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. It operates through Franchise, Corporate-Owned Stores, and Equipment segments. The Franchise segment is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. The Corporate-Owned Stores segment operates corporate-owned stores in the United States and Canada. The Equipment segment engages in the sale of fitness equipment to franchisee-owned stores in the United States and Canada. As of December 31,2021, the company had 2,254 stores in 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, and Australia. Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire.

At a Glance

Live Snapshot
Market Cap$4.09B
EPS2.6200
P/E Ratio19.67
Earnings Date08/05/2026
Planet Fitness, Inc.

Planet Fitness, Inc. Fair Value Envelope

PLNT ยท NYSE

Our analysis suggests that PLNT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $51.53, this represents a potential HIDDEN relative to our calculated worth for Planet Fitness, Inc..

Intrinsic Value
Current Price: $51.53

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$76.7B
+ Cash & Equivalents$345.7M
Firm Value$77.0B
- Debt$443.0M
Equity Value$76.6B
/ Shares Outstanding83,940,538B
DCF Value$912
UNDERVALUED BY 1671%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$564.5M
$761.7M
$1.0B
$1.4B
$1.9B
$2.5B
$3.4B
$4.6B
$6.2B
$8.4B
Maintenance CapEx
-$44.2M
-$59.6M
-$80.4M
-$108.5M
-$146.4M
-$197.5M
-$266.4M
-$359.5M
-$485.0M
-$654.4M
Owner Earnings
$520.4M
$702.1M
$947.3M
$1.3B
$1.7B
$2.3B
$3.1B
$4.2B
$5.7B
$7.7B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$481.8M
$601.9M
$752.0M
$939.5M
$1.2B
$1.5B
$1.8B
$2.3B
$2.9B
$3.6B
Terminal Value represents 79.2% of Enterprise Value