Planet 13 Holdings Inc., a cannabis company, cultivates, produces, and distributes medical and recreational cannabis in Nevada, the United States.
High growth potential with adequate balance sheet.
Share Price & News
How has Planet 13 Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PLNH.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PLNH.F exceeded the US Pharmaceuticals industry which returned 3.7% over the past year.
Return vs Market: PLNH.F exceeded the US Market which returned 14% over the past year.
Price Volatility Vs. Market
How volatile is Planet 13 Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Planet 13 Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PLNH.F's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PLNH.F's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PLNH.F is unprofitable, so we can't compare its PE Ratio to the Pharmaceuticals industry average.
PE vs Market: PLNH.F is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PLNH.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PLNH.F is overvalued based on its PB Ratio (5.8x) compared to the US Pharmaceuticals industry average (2.9x).
How is Planet 13 Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PLNH.F is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: PLNH.F is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PLNH.F's is expected to become profitable in the next 3 years.
Revenue vs Market: PLNH.F's revenue (36.4% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: PLNH.F's revenue (36.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PLNH.F's Return on Equity is forecast to be high in 3 years time
How has Planet 13 Holdings performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: PLNH.F is currently unprofitable.
Growing Profit Margin: PLNH.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if PLNH.F's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare PLNH.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PLNH.F is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (2.4%).
Return on Equity
High ROE: PLNH.F has a negative Return on Equity (-17.86%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Planet 13 Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: PLNH.F's short term assets ($28.9M) exceed its short term liabilities ($15.2M).
Long Term Liabilities: PLNH.F's short term assets ($28.9M) exceed its long term liabilities ($10.8M).
Debt to Equity History and Analysis
Debt Level: PLNH.F's debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PLNH.F's debt to equity ratio has reduced over the past 5 years.
Inventory Level: PLNH.F has a high level of physical assets or inventory.
Debt Coverage by Assets: PLNH.F's debt is covered by short term assets (assets are 33.2x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PLNH.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PLNH.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -84.2% each year
What is Planet 13 Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate PLNH.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PLNH.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PLNH.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PLNH.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PLNH.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bob Groesbeck (58yo)
Mr. Robert Allen Groesbeck, also known as Bob, serves as Co-Chief Executive Officer at Planet 13 Holdings Incorporation since 2018 and also serves as its Co-Chairman of the Board since June 2018. Mr. Groes ...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD778.22K) is below average for companies of similar size in the US market ($USD1.11M).
Compensation vs Earnings: Bob's compensation has increased whilst the company is unprofitable.
|Co-CEO & Co-Chairman||2.1yrs||US$778.22k||27.76% $67.1m|
|Co-CEO & Co-Chairman||0yrs||US$919.59k||28.03% $67.7m|
|Founder & VP of Operations||0yrs||US$491.58k||3.37% $8.1m|
|Chief Financial Officer||1.7yrs||US$285.42k||0.29% $696.0k|
|Vice President of Finance||1.7yrs||US$310.74k||0.12% $289.2k|
|General Counsel||1.7yrs||no data||0.077% $186.5k|
|Vice President of Sales & Marketing||0yrs||no data||0.035% $84.4k|
Experienced Management: PLNH.F's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.8%.
Planet 13 Holdings Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Planet 13 Holdings Inc.
- Ticker: PLNH.F
- Exchange: OTCPK
- Industry: Pharmaceuticals
- Sector: Pharmaceuticals & Biotech
- Market Cap: CA$320.762m
- Listing Market Cap: CA$241.667m
- Shares outstanding: 138.86m
- Website: https://www.planet13holdings.com
- Planet 13 Holdings Inc.
- 2548 West Desert Inn Road
- Las Vegas
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PLTH||CNSX (Canadian National Stock Exchange)||Yes||Common Voting Shares||CA||CAD||Jun 2018|
|PLNH.F||OTCPK (Pink Sheets LLC)||Yes||Common Voting Shares||US||USD||Jun 2018|
Planet 13 Holdings Inc., a cannabis company, cultivates, produces, and distributes medical and recreational cannabis in Nevada, the United States. It also operates dispensaries that provide recreational cannabis, cannabis extracts, and infused products. In addition, the company sells its products online. It operates under the Medizin, Planet 13, HaHa Gummies, Dreamland Chocolates, TRENDI, and Leaf & Vine names. The company is headquartered in Las Vegas, Nevada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 01:52|
|End of Day Share Price||2020/02/24 00:00|
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.