PLTH Stock Overview
Planet 13 Holdings Inc., together with its subsidiaries, cultivates and provides cannabis and cannabis-infused products for medical and retail cannabis markets in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Planet 13 Holdings Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.53 |
| 52 Week High | CA$1.23 |
| 52 Week Low | CA$0.49 |
| Beta | 2.29 |
| 1 Month Change | -7.02% |
| 3 Month Change | -32.91% |
| 1 Year Change | -43.01% |
| 3 Year Change | -86.95% |
| 5 Year Change | -77.16% |
| Change since IPO | -47.00% |
Recent News & Updates
Positive Sentiment Still Eludes Planet 13 Holdings Inc. (CSE:PLTH) Following 28% Share Price Slump
Dec 13
Is Planet 13 Holdings (CSE:PLTH) A Risky Investment?
Nov 07Planet 13 Holdings Inc. (CSE:PLTH) Stocks Shoot Up 26% But Its P/S Still Looks Reasonable
Aug 22Recent updates
Positive Sentiment Still Eludes Planet 13 Holdings Inc. (CSE:PLTH) Following 28% Share Price Slump
Dec 13Is Planet 13 Holdings (CSE:PLTH) A Risky Investment?
Nov 07Planet 13 Holdings Inc. (CSE:PLTH) Stocks Shoot Up 26% But Its P/S Still Looks Reasonable
Aug 22The Market Lifts Planet 13 Holdings Inc. (CSE:PLTH) Shares 25% But It Can Do More
May 01Market Cool On Planet 13 Holdings Inc.'s (CSE:PLTH) Revenues Pushing Shares 26% Lower
Mar 17Revenues Tell The Story For Planet 13 Holdings Inc. (CSE:PLTH)
Jan 06Sentiment Still Eluding Planet 13 Holdings Inc. (CSE:PLTH)
Aug 17Revenue Downgrade: Here's What Analysts Forecast For Planet 13 Holdings Inc. (CSE:PLTH)
Nov 28We Think Shareholders Will Probably Be Generous With Planet 13 Holdings Inc.'s (CSE:PLTH) CEO Compensation
Jul 07Planet 13 Holdings Inc.'s (CSE:PLTH) Has Found A Path To Profitability
May 07The Planet 13 Holdings (CSE:PLTH) Share Price Has Soared 333%, Delighting Many Shareholders
Mar 03The Chief Financial Officer of Planet 13 Holdings Inc. (CSE:PLTH), Dennis Logan, Just Sold 33% Of Their Holding
Jan 09
Are Insiders Selling Planet 13 Holdings Inc. (CSE:PLTH) Stock?
Dec 23Shareholder Returns
| PLTH | CA Pharmaceuticals | CA Market | |
|---|---|---|---|
| 7D | -1.9% | -1.2% | -3.7% |
| 1Y | -43.0% | -24.4% | 15.0% |
Return vs Industry: PLTH underperformed the Canadian Pharmaceuticals industry which returned -24.4% over the past year.
Return vs Market: PLTH underperformed the Canadian Market which returned 15% over the past year.
Price Volatility
| PLTH volatility | |
|---|---|
| PLTH Average Weekly Movement | 11.8% |
| Pharmaceuticals Industry Average Movement | 12.0% |
| Market Average Movement | 8.2% |
| 10% most volatile stocks in CA Market | 17.6% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: PLTH has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: PLTH's weekly volatility (12%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 1,000 | Bob Groesbeck | www.planet13.com |
Planet 13 Holdings Inc., together with its subsidiaries, cultivates and provides cannabis and cannabis-infused products for medical and retail cannabis markets in the United States. It owns, manufactures, and sells cannabis products in the form of chocolates, gummies, sparkling beverages, vapes and concentrates, and flowers under the TRENDI, Leaf and Vine, Dreamland, HaHa, Lifestyles, and Medizin brand names. The company also operates licensed cannabis dispensaries; and non-cannabis retail merchandise store and event space, as well as owns and operates Trece Eatery + Spirits, a coffee shop and pizzeria restaurant.
Planet 13 Holdings Inc. Fundamentals Summary
| PLTH fundamental statistics | |
|---|---|
| Market cap | CA$172.34m |
| Earnings (TTM) | -CA$51.18m |
| Revenue (TTM) | CA$156.77m |
1.1x
P/S Ratio-3.4x
P/E RatioIs PLTH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PLTH income statement (TTM) | |
|---|---|
| Revenue | US$109.09m |
| Cost of Revenue | US$55.09m |
| Gross Profit | US$54.00m |
| Other Expenses | US$89.62m |
| Earnings | -US$35.62m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.11 |
| Gross Margin | 49.50% |
| Net Profit Margin | -32.65% |
| Debt/Equity Ratio | 6.9% |
How did PLTH perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 00:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Planet 13 Holdings Inc. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Doug Cooper | Beacon Securities Limited |
| Robert Burleson | Canaccord Genuity |
| Matt Bottomley | Canaccord Genuity |