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Planet 13 Holdings

CNSX:PLTH
Snowflake Description

High growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PLTH
CNSX
CA$362M
Market Cap
  1. Home
  2. CA
  3. Pharmaceuticals & Biotech
Company description

Planet 13 Holdings Inc., a cannabis company, cultivates, produces, and distributes medical and recreational cannabis in Nevada, the United States. The last earnings update was 24 days ago. More info.


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PLTH Share Price and Events
7 Day Returns
3.1%
CNSX:PLTH
-5.9%
CA Pharmaceuticals
1.3%
CA Market
1 Year Returns
1.9%
CNSX:PLTH
-46.7%
CA Pharmaceuticals
-0.1%
CA Market
PLTH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Planet 13 Holdings (PLTH) 3.1% 6.9% -0.7% 1.9% - -
CA Pharmaceuticals -5.9% -3.4% -24.8% -46.7% 217.3% 286.4%
CA Market 1.3% 4.2% 1.6% -0.1% 8.4% 5.7%
1 Year Return vs Industry and Market
  • PLTH outperformed the Pharmaceuticals industry which returned -46.7% over the past year.
  • PLTH outperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

PLTH Value

 Is Planet 13 Holdings undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
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 CA$2.65.
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 earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Planet 13 Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:PLTH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-0.05
CNSX:PLTH Share Price ** CNSX (2019-09-20) in CAD CA$2.65
CNSX:PLTH Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.754 $2
Canada Pharmaceuticals Industry PE Ratio Median Figure of 13 Publicly-Listed Pharmaceuticals Companies 15.3x
Canada Market PE Ratio Median Figure of 539 Publicly-Listed Companies 14.14x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Planet 13 Holdings.

CNSX:PLTH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:PLTH Share Price ÷ EPS (both in USD)

= 2 ÷ -0.05

-37.63x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Planet 13 Holdings is loss making, we can't compare its value to the CA Pharmaceuticals industry average.
  • Planet 13 Holdings is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Planet 13 Holdings's expected growth come at a high price?
Raw Data
CNSX:PLTH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -37.63x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
193.7%per year
Canada Pharmaceuticals Industry PEG Ratio Median Figure of 7 Publicly-Listed Pharmaceuticals Companies 1.56x
Canada Market PEG Ratio Median Figure of 245 Publicly-Listed Companies 1.02x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Planet 13 Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Planet 13 Holdings's assets?
Raw Data
CNSX:PLTH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $0.30
CNSX:PLTH Share Price * CNSX (2019-09-20) in CAD CA$2.65
CNSX:PLTH Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.754 $2
Canada Pharmaceuticals Industry PB Ratio Median Figure of 151 Publicly-Listed Pharmaceuticals Companies 2.36x
Canada Market PB Ratio Median Figure of 2,457 Publicly-Listed Companies 1.43x
CNSX:PLTH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:PLTH Share Price ÷ Book Value per Share (both in USD)

= 2 ÷ 0.30

6.61x

* Primary Listing of Planet 13 Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Planet 13 Holdings is overvalued based on assets compared to the CA Pharmaceuticals industry average.
X
Value checks
We assess Planet 13 Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Pharmaceuticals industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Pharmaceuticals industry average (and greater than 0)? (1 check)
  5. Planet 13 Holdings has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PLTH Future Performance

 How is Planet 13 Holdings expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
193.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Planet 13 Holdings expected to grow at an attractive rate?
  • Planet 13 Holdings's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
  • Planet 13 Holdings's earnings growth is expected to exceed the Canada market average.
  • Planet 13 Holdings's revenue growth is expected to exceed the Canada market average.
Annual Growth Rates Comparison
Raw Data
CNSX:PLTH Future Growth Rates Data Sources
Data Point Source Value (per year)
CNSX:PLTH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 193.7%
CNSX:PLTH Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 54%
Canada Pharmaceuticals Industry Earnings Growth Rate Market Cap Weighted Average 97.7%
Canada Pharmaceuticals Industry Revenue Growth Rate Market Cap Weighted Average 56.5%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CNSX:PLTH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:PLTH Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 103 12 3
2019-12-31 67 -1 2
2019-09-22
CNSX:PLTH Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 44 -3 -6
2019-03-31 31 -3 -12
2018-12-31 21 -6 -11
2018-09-30 16 -2 -9
2018-06-30 14 2 -8
2018-03-31 11 2 -1
2017-12-31 9 2 -1
2016-12-31 2 -2 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • 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.
Raw Data
CNSX:PLTH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Planet 13 Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:PLTH Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.09 0.11 0.06 2.00
2019-12-31 -0.01 0.01 -0.02 2.00
2019-09-22
CNSX:PLTH Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -0.05
2019-03-31 -0.11
2018-12-31 -0.11
2018-09-30 -0.07
2018-06-30 -0.07
2018-03-31 -0.02
2017-12-31 -0.01
2016-12-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Planet 13 Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Planet 13 Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Planet 13 Holdings has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PLTH Past Performance

  How has Planet 13 Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Planet 13 Holdings's growth in the last year to its industry (Pharmaceuticals).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Planet 13 Holdings does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Planet 13 Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Planet 13 Holdings's 1-year growth to the CA Pharmaceuticals industry average as it is not currently profitable.
Earnings and Revenue History
Planet 13 Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Planet 13 Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:PLTH Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 43.53 -6.49 23.38
2019-03-31 31.42 -12.16 19.19
2018-12-31 21.17 -10.72 13.89
2018-09-30 16.26 -8.54 8.42
2018-06-30 14.37 -7.91 6.45
2018-03-31 11.43 -1.28 3.60
2017-12-31 8.98 -0.60 2.83
2016-12-31 1.51 -1.55 1.31

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Planet 13 Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Planet 13 Holdings has efficiently used its assets last year compared to the CA Pharmaceuticals industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Planet 13 Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Planet 13 Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Pharmaceuticals industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.

Full details on the Past part of the Simply Wall St company analysis model.

PLTH Health

 How is Planet 13 Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

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.
Net Worth
  • 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.
Balance sheet
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 checks below.
Assets
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.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Planet 13 Holdings Company Filings, last reported 2 months ago.

CNSX:PLTH Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 40.59 0.88 19.96
2019-03-31 37.85 0.88 20.16
2018-12-31 37.90 0.88 19.36
2018-09-30 22.00 0.93 8.57
2018-06-30 20.99 0.94 17.11
2018-03-31 0.77 4.25 0.49
2017-12-31 -3.18 7.41 0.45
2016-12-31 -2.58 7.13 0.02
  • Planet 13 Holdings's level of debt (2.1%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Planet 13 Holdings's debt level has increased without past 5-year debt data.
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.

  • Planet 13 Holdings has less than a year of cash runway based on current free cash flow.
  • Planet 13 Holdings has less than a year of cash runway if free cash flow continues to grow at historical rates of 102.5% each year.
X
Financial health checks
We assess Planet 13 Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Planet 13 Holdings has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PLTH Dividends

 What is Planet 13 Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Planet 13 Holdings dividends.
If you bought CA$2,000 of Planet 13 Holdings shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Planet 13 Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Planet 13 Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CNSX:PLTH Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
North America Pharmaceuticals Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.8%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

CNSX:PLTH Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
2019-09-22

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Planet 13 Holdings has not reported any payouts.
  • Unable to verify if Planet 13 Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Planet 13 Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Planet 13 Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Planet 13 Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Planet 13 Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Planet 13 Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PLTH Management

 What is the CEO of Planet 13 Holdings's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Bob Groesbeck
AGE 58
TENURE AS CEO 1.7 years
CEO Bio

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.

CEO Compensation
  • 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:

1.3
Average Tenure
  • The average tenure for the Planet 13 Holdings management team is less than 2 years, this suggests a new team.
Management Team

Bob Groesbeck

TITLE
Co-CEO & Co-Chairman
AGE
58
TENURE
1.7 yrs

Larry Scheffler

TITLE
Co-CEO & Co-Chairman
TENURE
1.7 yrs

Chris Wren

TITLE
Founder & VP of Operations

Dennis Logan

TITLE
Chief Financial Officer
AGE
52
TENURE
1.3 yrs

Leighton Koehler

TITLE
General Counsel
TENURE
1.3 yrs

David Farris

TITLE
Director of Marketing

Bill Vargas

TITLE
Vice President of Finance
TENURE
1.3 yrs
Board of Directors

Bob Groesbeck

TITLE
Co-CEO & Co-Chairman
AGE
58

Larry Scheffler

TITLE
Co-CEO & Co-Chairman

Mike Harman

TITLE
Director
TENURE
1.3 yrs

Adrienne O’Neal

TITLE
Director
TENURE
0.2 yrs
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.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
10. Sep 19 Sell David Farris Individual 09. Sep 19 09. Sep 19 -1,575 CA$2.67 CA$-4,205
12. Jun 19 Sell Michael Harman Individual 11. Jun 19 11. Jun 19 -24,943 CA$2.81 CA$-69,924
12. Mar 19 Buy Dennis Logan Individual 08. Mar 19 08. Mar 19 56,887 CA$1.81 CA$102,965
X
Management checks
We assess Planet 13 Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Planet 13 Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PLTH News

Simply Wall St News

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%.

Simply Wall St -

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.

Simply Wall St -

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.

Simply Wall St -

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.

Simply Wall St -

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.

Simply Wall St -

PLTH Company Info

Description

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.

Details
Name: Planet 13 Holdings Inc.
PLTH
Exchange: CNSX
Founded:
CA$361,741,885
136,506,372
Website: http://www.planet13holdings.com
Address: Planet 13 Holdings Inc.
2548 West Desert Inn Road,
Las Vegas,
Nevada, 89109,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX PLTH Common Voting Shares Canadian National Stock Exchange CA CAD 21. Jun 2018
OTCPK PLNH.F Common Voting Shares Pink Sheets LLC US USD 21. Jun 2018
Number of employees
Current staff
Staff numbers
0
Planet 13 Holdings employees.
Industry
Pharmaceuticals
Pharmaceuticals & Biotech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/22 00:54
End of day share price update: 2019/09/20 00:00
Last estimates confirmation: 2019/09/09
Last earnings filing: 2019/08/29
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.