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

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 19
HOLD 9
SELL 0
STRONG
SELL
0
| PRICE TARGET: $69.18 DETAILS
HIGH: $106.00
LOW: $50.50
MEDIAN: $65.00
CONSENSUS: $69.18
UPSIDE: 31.72%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Undervalued Strong
Trading 41.2% below fair value
Current Price $52.52
Bear Case $48.37 7.9% downside ($48.37 - $52.52) / $52.52 = -7.9% 8% stage 1 growth, 11% discount
Fair Value $89.37 70.2% upside ($89.37 - $52.52) / $52.52 = 70.2% 14% stage 1 growth, 11% discount
Bull Case $133.65 154.5% upside ($133.65 - $52.52) / $52.52 = 154.5% 18% stage 1 growth, 11% discount

Adjust Assumptions

13.7%
11.0%
3.0%

Key Value Driver

FCF growth rate (14% base case)

Terminal Value % of EV 42%
Implied Market Multiple 19.9x
Market is pricing in (growth) 8.9% vs our 13.7% base

Plain-Language Summary

Using a two-stage FCF DCF with 14% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $89.37 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (29 analysts) $69.18
Analyst Range $50.50 – $106.00
Divergence from AlphaVal 29%

Warnings

ℹ Wall Street's average price target is $69.18 (from 29 analysts). Our estimate is 29% above the consensus -- consider that gap carefully.

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