Planet 13 Holdings Inc

Company Profile

Planet 13 Holdings Inc had its IPO on under the ticker symbol PLNHF.

The company operates in the Healthcare sector and Drug Manufacturers-Specialty & Generic industry. Planet 13 Holdings Inc has a staff strength of 650 employees.

Stock update

Shares of Planet 13 Holdings Inc opened at $0.93 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.85 - $0.95, and closed at $0.89.

This is a -4.75% slip from the previous day's closing price.

A total volume of 387,014 shares were traded at the close of the day’s session.

In the last one week, shares of Planet 13 Holdings Inc have increased by +0.99%.

Planet 13 Holdings Inc's Key Ratios

Planet 13 Holdings Inc has a market cap of $201.56 million, indicating a price to book ratio of 1.0794 and a price to sales ratio of 2.1699.

In the last 12-months Planet 13 Holdings Inc’s revenue was $101.22 million with a gross profit of $47.97 million and an EBITDA of $-7104127. The EBITDA ratio measures Planet 13 Holdings Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Planet 13 Holdings Inc’s operating margin was -19.41% while its return on assets stood at -5% with a return of equity of -26.75%.

In Q2, Planet 13 Holdings Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 9.1%.

Planet 13 Holdings Inc’s PE and PEG Ratio

Forward PE

80.6452

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.37 per share while it has a forward price to earnings multiple of 80.6452 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Planet 13 Holdings Inc’s profitability.

Planet 13 Holdings Inc stock is trading at a EV to sales ratio of 2.0033 and a EV to EBITDA ratio of -66.8673. Its price to sales ratio in the trailing 12-months stood at 2.1699.

Planet 13 Holdings Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$222.71 million

Total Liabilities

$12.22 million

Operating Cash Flow

$-376601.00

Capital Expenditure

$417328

Dividend Payout Ratio

0%

Planet 13 Holdings Inc ended 2024 with $222.71 million in total assets and $0 in total liabilities. Its intangible assets were valued at $222.71 million while shareholder equity stood at $182.24 million.

Planet 13 Holdings Inc ended 2024 with $0 in deferred long-term liabilities, $12.22 million in other current liabilities, in common stock, $-131788062.00 in retained earnings and $0 in goodwill. Its cash balance stood at $40.47 million and cash and short-term investments were $40.47 million. The company’s total short-term debt was $884,000 while long-term debt stood at $0.

Planet 13 Holdings Inc’s total current assets stands at $59.35 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.64 million compared to accounts payable of $12.27 million and inventory worth $14.71 million.

In 2024, Planet 13 Holdings Inc's operating cash flow was $-376601.00 while its capital expenditure stood at $417328.

Comparatively, Planet 13 Holdings Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.89

52-Week High

$1.74

52-Week Low

$0.451

Analyst Target Price

$

Planet 13 Holdings Inc stock is currently trading at $0.89 per share. It touched a 52-week high of $1.74 and a 52-week low of $1.74. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.62 and 200-day moving average was $0.77 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 3965% of the company’s stock are held by insiders while 33.5% are held by institutions.