Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Planet 13 Holdings. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Planet 13 Holdings's
is considered below, and whether this is a fair price.
Price based on past earnings
Planet 13 Holdings's earnings available for a low price, and how does
this compare to other companies in the same industry?
Planet 13 Holdings's earnings are expected to grow significantly at over 20% yearly.
Planet 13 Holdings's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Planet 13 Holdings's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Planet 13 Holdings
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Planet 13 Holdings's finances.
The net worth of a company is the difference between its assets and liabilities.
Planet 13 Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Planet 13 Holdings's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Planet 13 Holdings's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 35.1x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
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. Groesbeck served as a Director of Vestin Group Inc. from August 2000 to February 24, 2004. He is the founder of Home Works, a full service home services company. From 1994 to June 2000, Mr. Groesbeck was the General Counsel of Republic Silver State Disposal, Inc. From 1993 to 1997, He was the Mayor of Henderson, Nevada. He serves as General Counsel and Advisor at C&S Waste Solutions since 2013. Mr. Groesbeck received his Bachelor of Arts in Criminal Justice from the University of Nevada in 1985, his Juris Doctor from Thomas S. Cooley School of Law in 1990 and his Masters of Business Administration from National University in 1993.
Insufficient data for Bob to compare compensation growth.
Insufficient data for Bob to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure
Average tenure of the
Planet 13 Holdings
management team in years:
The average tenure for the Planet 13 Holdings management team is less than 2 years, this suggests a new team.
Co-CEO & Co-Chairman
Co-CEO & Co-Chairman
Founder & VP of Operations
Chief Financial Officer
Director of Marketing
Vice President of Finance
Board of Directors
Co-CEO & Co-Chairman
Co-CEO & Co-Chairman
Who owns this company?
Recent Insider Trading
Planet 13 Holdings individual insiders have only sold shares in the past 3 months, but not in substantial volumes.
Can You Imagine How Chuffed Planet 13 Holdings's (CNSX:PLTH) Shareholders Feel About Its 287% Share Price Gain?
Note that businesses generally develop over the long term, so the returns over the last year might not reflect a long term trend. … Check out our latest analysis for Planet 13 Holdings Planet 13 Holdings isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … In the last year Planet 13 Holdings saw its revenue grow by 175%.
Planet 13 Holdings (CNSX:PLTH) Seems To Be Really Weighed Down By Its Debt
Check out our latest analysis for Planet 13 Holdings How Much Debt Does Planet 13 Holdings Carry? … CNSX:PLTH Historical Debt, July 15th 2019 How Healthy Is Planet 13 Holdings's Balance Sheet? … The latest balance sheet data shows that Planet 13 Holdings had liabilities of US$8.60m due within a year, and liabilities of US$9.06m falling due after that.
Did Planet 13 Holdings Inc. (CNSX:PLTH) Insiders Buy Up More Shares?
CNSX:PLTH Recent Insider Trading, June 19th 2019 Planet 13 Holdings is not the only stock that insiders are buying. … Insiders at Planet 13 Holdings Have Sold Stock Recently Over the last three months, we've seen significant insider selling at Planet 13 Holdings. … Insider Ownership of Planet 13 Holdings I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders.
What Kind Of Shareholder Appears On The Planet 13 Holdings Inc.'s (CNSX:PLTH) Shareholder Register?
A look at the shareholders of Planet 13 Holdings Inc. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Planet 13 Holdings is a smaller company with a market capitalization of CA$453m, so it may still be flying under the radar of many institutional investors.
Could Planet 13 Holdings Inc's (CNSX:PLTH) Investor Composition Influence The Stock Price?
The big shareholder groups in Planet 13 Holdings Inc (CNSX:PLTH) have power over the company. … Planet 13 Holdings is not a large company by global standards. … Taking a look at the our data on the ownership groups (below), it's seems that.
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.
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