With the integration of power electronic converters and components, an accurate thermal design becomes essential. Hence, precise thermal models for components are needed for their optimal design. This paper focuses on the development of an analytical model for the design of thermal resistance of planar magnetic cores (PMC). Based on computational fluid dynamic (CFD) simulations, the PMC design thermal resistance variation is studied, according to ambient temperature and level of losses. Then, a polynomial equation is developed to model those variations, and coefficients are deduced for all the sizes of PMC. This analytical model, useful for designers, is finally validated with thermal measurements on a planar transformer prototype.