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Planet Fitness (BSP:P2LN34) Cyclically Adjusted Price-to-FCF : 54.58 (As of Apr. 28, 2024)


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What is Planet Fitness Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Planet Fitness's current share price is R$39.84. Planet Fitness's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$0.73. Planet Fitness's Cyclically Adjusted Price-to-FCF for today is 54.58.

The historical rank and industry rank for Planet Fitness's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:P2LN34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 30.25   Med: 40.77   Max: 47.97
Current: 38.43

During the past years, Planet Fitness's highest Cyclically Adjusted Price-to-FCF was 47.97. The lowest was 30.25. And the median was 40.77.

BSP:P2LN34's Cyclically Adjusted Price-to-FCF is ranked worse than
70.35% of 344 companies
in the Travel & Leisure industry
Industry Median: 21.485 vs BSP:P2LN34: 38.43

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Planet Fitness's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$0.085. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$0.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Planet Fitness Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Planet Fitness's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Planet Fitness Cyclically Adjusted Price-to-FCF Chart

Planet Fitness Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 46.86

Planet Fitness Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 30.95 46.86

Competitive Comparison of Planet Fitness's Cyclically Adjusted Price-to-FCF

For the Leisure subindustry, Planet Fitness's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Planet Fitness's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Planet Fitness's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Planet Fitness's Cyclically Adjusted Price-to-FCF falls into.



Planet Fitness Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Planet Fitness's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=39.84/0.73
=54.58

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Planet Fitness's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Planet Fitness's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.085/129.4194*129.4194
=0.085

Current CPI (Dec. 2023) = 129.4194.

Planet Fitness Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.258 99.695 -0.335
201406 0.167 100.560 0.215
201409 0.108 100.428 0.139
201412 0.200 99.070 0.261
201503 0.075 99.621 0.097
201506 0.236 100.684 0.303
201509 0.195 100.392 0.251
201512 0.258 99.792 0.335
201603 0.182 100.470 0.234
201606 0.363 101.688 0.462
201609 0.190 101.861 0.241
201612 0.205 101.863 0.260
201703 0.153 102.862 0.193
201706 0.123 103.349 0.154
201709 0.096 104.136 0.119
201712 0.112 104.011 0.139
201803 0.082 105.290 0.101
201806 0.130 106.317 0.158
201809 0.219 106.507 0.266
201812 0.102 105.998 0.125
201903 0.287 107.251 0.346
201906 -0.010 108.070 -0.012
201909 0.318 108.329 0.380
201912 -0.044 108.420 -0.053
202003 0.490 108.902 0.582
202006 -0.796 108.767 -0.947
202009 -0.039 109.815 -0.046
202012 0.137 109.897 0.161
202103 0.144 111.754 0.167
202106 0.283 114.631 0.320
202109 0.494 115.734 0.552
202112 0.147 117.630 0.162
202203 0.251 121.301 0.268
202206 0.239 125.017 0.247
202209 0.438 125.227 0.453
202212 0.116 125.222 0.120
202303 0.575 127.348 0.584
202306 0.253 128.729 0.254
202309 0.510 129.860 0.508
202312 0.085 129.419 0.085

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Planet Fitness  (BSP:P2LN34) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Planet Fitness Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Planet Fitness's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Planet Fitness (BSP:P2LN34) Business Description

Traded in Other Exchanges
Address
4 Liberty Lane West, Hampton, NH, USA, 03842
Planet Fitness Inc is a franchisor and operator of fitness centers in the United States. The company's reportable segments are Franchise, Corporate-owned stores, and Equipment. Franchise segment includes operations related to its franchising business in the United States, Puerto Rico, Canada, Panama, Mexico and Australia, Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States and Canada, and The Equipment segment includes the sale of equipment to franchisee-owned stores in the U.S. The firm generates a majority of its revenue from the Corporate-owned stores segment.

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