NATIONAL CINEMEDIA, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4.465 USD | -2.72% |
|
-0.78% | +7.85% |
| Apr. 01 | First-Quarter Domestic Box Office Revenue Likely Above Views, B. Riley Says | MT |
| Mar. 20 | North American Morning Briefing : Markets on Hold -2- | DJ |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 564.7 | 308 | 219.1 | 19.57 | 418.1 | 433.2 | - | - |
| Enterprise Value (EV) 1 | 1,418 | 1,180 | 219.1 | 19.57 | 418.1 | 433.2 | 433.2 | 433.2 |
| P/E ratio | 15.9 x | -4.61 x | -4.46 x | -0.68 x | 0.3 x | 134 x | 33.1 x | 89.3 x |
| Yield | 10.4% | 6.72% | 7.35% | 46.1% | - | - | - | - |
| Capitalization / Revenue | 1.27 x | 3.41 x | 1.91 x | 0.08 x | 1.61 x | 1.77 x | 1.54 x | 1.47 x |
| EV / Revenue | 1.27 x | 3.41 x | 1.91 x | 0.08 x | 1.61 x | 1.77 x | 1.54 x | 1.47 x |
| EV / EBITDA | 2.72 x | -15.9 x | -8.87 x | 0.34 x | 7.93 x | 8.93 x | 5.93 x | 5.28 x |
| EV / FCF | 4.36 x | 6.51 x | -2.17 x | -0.39 x | - | 1.83 x | 2.08 x | 2.03 x |
| FCF Yield | 22.9% | 15.4% | -46.1% | -256% | - | 54.6% | 48% | 49.3% |
| Price to Book | -1.49 x | -0.64 x | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 7,736 | 7,958 | 8,055 | 8,200 | 96,785 | 97,025 | - | - |
| Reference price 2 | 73.00 | 38.70 | 27.20 | 2.387 | 4.320 | 4.465 | 4.465 | 4.465 |
| Announcement Date | 2/20/20 | 3/8/21 | 3/3/22 | 4/12/23 | 3/18/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 444.8 | 90.4 | 114.6 | 249.2 | 259.8 | 244.1 | 280.8 | 294.4 |
| EBITDA 1 | 207.5 | -19.4 | -24.7 | 57.3 | 52.7 | 48.53 | 73.02 | 82.05 |
| EBIT 1 | 161.3 | -62.7 | -68.6 | 6.9 | -180.9 | 0.4 | 25.2 | 36.1 |
| Operating Margin | 36.26% | -69.36% | -59.86% | 2.77% | -69.63% | 0.16% | 8.97% | 12.26% |
| Earnings before Tax (EBT) 1 | 99.1 | 35.9 | -118.4 | -66.2 | 696.7 | 6.5 | 31.45 | 49.5 |
| Net income 1 | 36.1 | -65.4 | -48.7 | -28.7 | 705.2 | -0.9 | 21.8 | - |
| Net margin | 8.12% | -72.35% | -42.5% | -11.52% | 271.44% | -0.37% | 7.76% | - |
| EPS 2 | 4.600 | -8.400 | -6.100 | -3.500 | 14.34 | 0.0333 | 0.1350 | 0.0500 |
| Free Cash Flow 1 | 129.6 | 47.3 | -100.9 | -50.2 | - | 236.5 | 208 | 213.5 |
| FCF margin | 29.14% | 52.32% | -88.05% | -20.14% | - | 96.9% | 74.07% | 72.52% |
| FCF Conversion (EBITDA) | 62.46% | - | - | - | - | 487.29% | 284.83% | 260.21% |
| FCF Conversion (Net income) | 359% | - | - | - | - | - | 954.13% | - |
| Dividend per Share 2 | 7.600 | 2.600 | 2.000 | 1.100 | - | - | - | - |
| Announcement Date | 2/20/20 | 3/8/21 | 3/3/22 | 4/12/23 | 3/18/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 31.7 | 63.5 | 35.9 | 67.1 | 54.5 | 91.7 | 34.9 | 64.4 | 24.7 | 90.9 | 34.73 | 53.77 | 56.07 | 99.5 | 40.5 |
| EBITDA 1 | -8.2 | 18.4 | -6.8 | 15.1 | 7 | 42.1 | -10.9 | 12.5 | 11.3 | 39.8 | -7.133 | 6.2 | 8.267 | 41.17 | -1.625 |
| EBIT 1 | -18.7 | 8 | -22.5 | 5.6 | -4.2 | 28.1 | -30.6 | -2.2 | -12.3 | 21.3 | -18.3 | -7.25 | -3.333 | 28.93 | -15.6 |
| Operating Margin | -58.99% | 12.6% | -62.67% | 8.35% | -7.71% | 30.64% | -87.68% | -3.42% | -49.8% | 23.43% | -52.69% | -13.48% | -5.95% | 29.08% | -38.52% |
| Earnings before Tax (EBT) 1 | -33.5 | 4 | -46 | -8.6 | -21.7 | 10.1 | -54 | -23.6 | 181.8 | 23.7 | -19.55 | -7.75 | -3.05 | 36.9 | -17.9 |
| Net income 1 | -15.2 | 8.6 | -25.2 | -0.7 | -8.9 | 6.1 | -45.5 | -23.6 | 181.8 | 23.7 | -11.3 | -3.65 | -1.55 | 27.6 | -17.9 |
| Net margin | -47.95% | 13.54% | -70.19% | -1.04% | -16.33% | 6.65% | -130.37% | -36.65% | 736.03% | 26.07% | -32.53% | -6.79% | -2.76% | 27.74% | -44.2% |
| EPS 2 | -1.900 | 1.100 | -3.100 | -0.1000 | -1.100 | 0.8000 | -3.100 | -1.356 | 2.890 | 0.2400 | -0.1200 | -0.0233 | - | 0.1800 | -0.1900 |
| Dividend per Share 2 | 0.5000 | 0.5000 | 0.5000 | 0.3000 | 0.3000 | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/8/21 | 3/3/22 | 5/9/22 | 8/8/22 | 11/7/22 | 4/12/23 | 5/9/23 | 8/1/23 | 11/7/23 | 3/18/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | 853 | 872 | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.112 x | -44.93 x | - | - | - | - | - | - |
| Free Cash Flow 1 | 130 | 47.3 | -101 | -50.2 | - | 237 | 208 | 214 |
| ROE (net income / shareholders' equity) | - | - | - | - | - | 16.5% | - | - |
| ROA (Net income/ Total Assets) | 3.18% | -6.49% | - | - | - | - | - | - |
| Assets 1 | 1,136 | 1,008 | - | - | - | - | - | - |
| Book Value Per Share | -48.90 | -60.60 | - | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 14 | 8 | 5.7 | 2.9 | - | 4.05 | 4.45 | 5.7 |
| Capex / Sales | 3.15% | 8.85% | 4.97% | 1.16% | - | 1.66% | 1.58% | 1.94% |
| Announcement Date | 2/20/20 | 3/8/21 | 3/3/22 | 4/12/23 | 3/18/24 | - | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
4.465
USD
Average target price
6.083
USD
Spread / Average Target
+36.24%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +7.85% | 433M | |
| +16.61% | 7.09B | |
| -8.33% | 1.95B | |
| -4.50% | 1.28B | |
| -12.95% | 1.12B | |
| -34.24% | 628M | |
| -6.90% | 516M | |
| -36.87% | 461M | |
| -33.32% | 371M | |
| -5.77% | 355M |
- Stock Market
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- NCMI Stock
- Financials National CineMedia, Inc.
