Planet Fitness, Inc. logo PLNT - Planet Fitness, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 1
BUY 20
HOLD 8
SELL 0
STRONG
SELL 0
| PRICE TARGET: $77.88 DETAILS
HIGH: $133.00
LOW: $47.00
MEDIAN: $72.00
CONSENSUS: $77.88
UPSIDE: 49.63%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Undervalued Strong
Trading 42.7% below fair value
Current Price $52.05
Bear Case $58.46 12.3% upside ($58.46 - $52.05) / $52.05 = 12.3% 9% stage 1 growth, 11% discount
Fair Value $90.85 74.5% upside ($90.85 - $52.05) / $52.05 = 74.5% 15% stage 1 growth, 11% discount
Bull Case $126.70 143.4% upside ($126.70 - $52.05) / $52.05 = 143.4% 19% stage 1 growth, 11% discount

Adjust Assumptions

14.7%
11.0%
3.0%

Key Value Driver

FCF growth rate (15% base case)

Terminal Value % of EV 43%
Implied Market Multiple 16.8x

Plain-Language Summary

Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $77.88 from 29 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $90.85 per share.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions