Planet Fitness Stock Beta
| P2LN34 Stock | 39.84 0.00 0.00% |
Planet Fitness fundamentals help investors to digest information that contributes to Planet Fitness' financial success or failures. It also enables traders to predict the movement of Planet Stock. The fundamental analysis module provides a way to measure Planet Fitness' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Planet Fitness stock.
Planet |
Planet Fitness Company Beta Analysis
Planet Fitness' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Planet Fitness Beta | 1.26 |
Most of Planet Fitness' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Planet Fitness is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Planet Fitness has a Beta of 1.2608. This is 50.1% higher than that of the Consumer Cyclical sector and 34.13% higher than that of the Leisure industry. The beta for all Brazil stocks is notably lower than that of the firm.
Planet Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Planet Fitness' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Planet Fitness could also be used in its relative valuation, which is a method of valuing Planet Fitness by comparing valuation metrics of similar companies.Planet Fitness is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Planet Fitness will likely underperform.
Planet Fundamentals
| Return On Asset | 0.0547 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.27 % | |||
| Current Valuation | 44.97 B | |||
| Shares Outstanding | 667.33 M | |||
| Price To Sales | 47.30 X | |||
| Revenue | 587.02 M | |||
| Gross Profit | 322.95 M | |||
| EBITDA | 196.04 M | |||
| Net Income | 42.77 M | |||
| Total Debt | 1.74 B | |||
| Book Value Per Share | (2.44) X | |||
| Cash Flow From Operations | 189.29 M | |||
| Earnings Per Share | 0.54 X | |||
| Number Of Employees | 1.77 K | |||
| Beta | 1.26 | |||
| Market Capitalization | 39.04 B | |||
| Total Asset | 2.02 B | |||
| Z Score | 13.2 | |||
| Net Asset | 2.02 B |
About Planet Fitness Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Planet Fitness's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Planet Fitness using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Planet Fitness based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Planet Stock
When determining whether Planet Fitness is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Planet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Planet Fitness Stock. Highlighted below are key reports to facilitate an investment decision about Planet Fitness Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Planet Fitness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Planet Stock refer to our How to Trade Planet Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.