Life Time Group Holdings Inc (LTH) is fairly valued and Planet Fitness Inc (PLNT) is undervalued.
Against our estimates of intrinsic value, PLNT trades at the wider discount: a margin of safety of +58%, against +3% for LTH.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.6% (average of 3 methods) values the shares at $39.20; the price of $38.19 is 3% below that value, and 76% of that value comes from beyond year five.
Leak Score 14/100 on 3 of 12 signals
Discounting its cash flows at 7.8% (average of 3 methods) values the shares at $100.62; the price of $42.60 is 58% below that value, and 81% of that value comes from beyond year five.
Leak Score 100/100 on 2 of 12 signals
| Metric | LTH | PLNT |
|---|---|---|
| Verdict | Fairly valued | Undervalued |
| Price | $38.19 | $42.60 |
| Intrinsic value | $39.20 | $100.62 |
| Margin of safety | +3% | +58% |
| Leak Score | 14/100 (3/12) | 100/100 (2/12) |
| Market cap | $8.5B | $3.2B |
| Revenue growth, 5 years | 25.9% | 26.6% |
| Operating margin | 17.2% | 30.9% |
| Net margin | 13.0% | 16.9% |
| Return on equity | 13.4% | — |
| Debt to equity | 1.29 | — |
| P/E | 20.9x | 14.4x |
| Forward P/E | 20.9x | 11.7x |
| P/B | 2.6x | — |