IMAX CORP (IMAX) Stock Fundamental Analysis
USA - NYSE:IMAX - CA45245E1097 - Common Stock
33.56 USD
+1.03 (+3.17%)
33.56 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to IMAX. IMAX was compared to 79 industry peers in the Entertainment industry. IMAX has only an average score on both its financial health and profitability. IMAX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year IMAX was profitable.
IMAX had a positive operating cash flow in the past year.
In multiple years IMAX reported negative net income over the last 5 years.
IMAX had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
IMAX has a better Return On Assets (4.45%) than 75.95% of its industry peers.
With a decent Return On Equity value of 11.31%, IMAX is doing good in the industry, outperforming 78.48% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.73%, IMAX is in the better half of the industry, outperforming 79.75% of the companies in the same industry.
IMAX had an Average Return On Invested Capital over the past 3 years of 4.23%. This is significantly below the industry average of 9.25%.
The last Return On Invested Capital (7.73%) for IMAX is above the 3 year average (4.23%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.45% | ||
| ROE | 11.31% | ||
| ROIC | 7.73% |
ROA(3y)1.16%
ROA(5y)-2.69%
ROE(3y)3.11%
ROE(5y)-6.85%
ROIC(3y)4.23%
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 10.47%, IMAX belongs to the best of the industry, outperforming 83.54% of the companies in the same industry.
In the last couple of years the Profit Margin of IMAX has declined.
IMAX's Operating Margin of 19.91% is amongst the best of the industry. IMAX outperforms 92.41% of its industry peers.
IMAX's Operating Margin has declined in the last couple of years.
The Gross Margin of IMAX (58.89%) is better than 67.09% of its industry peers.
IMAX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.91% | ||
| PM (TTM) | 10.47% | ||
| GM | 58.89% |
OM growth 3Y86.93%
OM growth 5Y-7.23%
PM growth 3YN/A
PM growth 5Y-8.99%
GM growth 3Y0.8%
GM growth 5Y-0.05%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so IMAX is still creating some value.
Compared to 1 year ago, IMAX has less shares outstanding
Compared to 5 years ago, IMAX has less shares outstanding
Compared to 1 year ago, IMAX has a worse debt to assets ratio.
2.2 Solvency
IMAX has an Altman-Z score of 2.51. This is not the best score and indicates that IMAX is in the grey zone with still only limited risk for bankruptcy at the moment.
IMAX's Altman-Z score of 2.51 is fine compared to the rest of the industry. IMAX outperforms 69.62% of its industry peers.
The Debt to FCF ratio of IMAX is 2.85, which is a good value as it means it would take IMAX, 2.85 years of fcf income to pay off all of its debts.
IMAX has a Debt to FCF ratio of 2.85. This is in the better half of the industry: IMAX outperforms 77.22% of its industry peers.
A Debt/Equity ratio of 0.74 indicates that IMAX is somewhat dependend on debt financing.
IMAX has a worse Debt to Equity ratio (0.74) than 62.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 2.85 | ||
| Altman-Z | 2.51 |
ROIC/WACC1.09
WACC7.1%
2.3 Liquidity
IMAX has a Current Ratio of 2.47. This indicates that IMAX is financially healthy and has no problem in meeting its short term obligations.
IMAX has a better Current ratio (2.47) than 75.95% of its industry peers.
IMAX has a Quick Ratio of 2.12. This indicates that IMAX is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.12, IMAX is doing good in the industry, outperforming 75.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.47 | ||
| Quick Ratio | 2.12 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 32.94% over the past year.
IMAX shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.17% yearly.
The Revenue has grown by 9.30% in the past year. This is quite good.
The Revenue has been decreasing by -2.30% on average over the past years.
EPS 1Y (TTM)32.94%
EPS 3YN/A
EPS 5Y-2.17%
EPS Q2Q%34.29%
Revenue 1Y (TTM)9.3%
Revenue growth 3Y11.38%
Revenue growth 5Y-2.3%
Sales Q2Q%16.62%
3.2 Future
The Earnings Per Share is expected to grow by 24.18% on average over the next years. This is a very strong growth
Based on estimates for the next years, IMAX will show a small growth in Revenue. The Revenue will grow by 7.55% on average per year.
EPS Next Y38.44%
EPS Next 2Y28.99%
EPS Next 3Y20.17%
EPS Next 5Y24.18%
Revenue Next Year12.24%
Revenue Next 2Y9.17%
Revenue Next 3Y7.55%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 29.70, IMAX can be considered very expensive at the moment.
Based on the Price/Earnings ratio, IMAX is valued a bit cheaper than the industry average as 77.22% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.03. IMAX is around the same levels.
With a Price/Forward Earnings ratio of 21.23, IMAX is valued on the expensive side.
Based on the Price/Forward Earnings ratio, IMAX is valued cheaper than 82.28% of the companies in the same industry.
IMAX's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.7 | ||
| Fwd PE | 21.23 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IMAX is valued a bit cheaper than 67.09% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, IMAX is valued cheaper than 83.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20 | ||
| EV/EBITDA | 13.74 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
IMAX has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as IMAX's earnings are expected to grow with 20.17% in the coming years.
PEG (NY)0.77
PEG (5Y)N/A
EPS Next 2Y28.99%
EPS Next 3Y20.17%
5. Dividend
5.1 Amount
No dividends for IMAX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
33.56
+1.03 (+3.17%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)
Earnings (Next)
Inst Owners90.65%
Inst Owner Change0.13%
Ins Owners19.38%
Ins Owner Change-0.54%
Market Cap1.80B
Revenue(TTM)377.68M
Net Income(TTM)39.55M
Analysts80
Price Target38.42 (14.48%)
Short Float %13.98%
Short Ratio6.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.48%
Min EPS beat(2)20.24%
Max EPS beat(2)20.72%
EPS beat(4)3
Avg EPS beat(4)11.61%
Min EPS beat(4)-6.42%
Max EPS beat(4)20.72%
EPS beat(8)7
Avg EPS beat(8)65.63%
EPS beat(12)10
Avg EPS beat(12)54.13%
EPS beat(16)11
Avg EPS beat(16)15.31%
Revenue beat(2)0
Avg Revenue beat(2)-1.01%
Min Revenue beat(2)-1.46%
Max Revenue beat(2)-0.56%
Revenue beat(4)1
Avg Revenue beat(4)-3.09%
Min Revenue beat(4)-11.37%
Max Revenue beat(4)1.04%
Revenue beat(8)2
Avg Revenue beat(8)-0.56%
Revenue beat(12)6
Avg Revenue beat(12)1.35%
Revenue beat(16)7
Avg Revenue beat(16)2.11%
PT rev (1m)11.38%
PT rev (3m)18.72%
EPS NQ rev (1m)-9.48%
EPS NQ rev (3m)-9.48%
EPS NY rev (1m)4.11%
EPS NY rev (3m)12.79%
Revenue NQ rev (1m)-4.6%
Revenue NQ rev (3m)-4.72%
Revenue NY rev (1m)0.66%
Revenue NY rev (3m)0.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.7 | ||
| Fwd PE | 21.23 | ||
| P/S | 4.78 | ||
| P/FCF | 20 | ||
| P/OCF | 16.53 | ||
| P/B | 5.16 | ||
| P/tB | 7.18 | ||
| EV/EBITDA | 13.74 |
EPS(TTM)1.13
EY3.37%
EPS(NY)1.58
Fwd EY4.71%
FCF(TTM)1.68
FCFY5%
OCF(TTM)2.03
OCFY6.05%
SpS7.02
BVpS6.5
TBVpS4.67
PEG (NY)0.77
PEG (5Y)N/A
Graham Number12.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.45% | ||
| ROE | 11.31% | ||
| ROCE | 9.75% | ||
| ROIC | 7.73% | ||
| ROICexc | 9.49% | ||
| ROICexgc | 14.13% | ||
| OM | 19.91% | ||
| PM (TTM) | 10.47% | ||
| GM | 58.89% | ||
| FCFM | 23.9% |
ROA(3y)1.16%
ROA(5y)-2.69%
ROE(3y)3.11%
ROE(5y)-6.85%
ROIC(3y)4.23%
ROIC(5y)N/A
ROICexc(3y)4.84%
ROICexc(5y)N/A
ROICexgc(3y)7.01%
ROICexgc(5y)N/A
ROCE(3y)5.33%
ROCE(5y)N/A
ROICexgc growth 3Y113.18%
ROICexgc growth 5Y-5.75%
ROICexc growth 3Y103.14%
ROICexc growth 5Y-8.28%
OM growth 3Y86.93%
OM growth 5Y-7.23%
PM growth 3YN/A
PM growth 5Y-8.99%
GM growth 3Y0.8%
GM growth 5Y-0.05%
F-Score8
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 2.85 | ||
| Debt/EBITDA | 1.9 | ||
| Cap/Depr | 31.29% | ||
| Cap/Sales | 5.01% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.47% | ||
| Profit Quality | 228.24% | ||
| Current Ratio | 2.47 | ||
| Quick Ratio | 2.12 | ||
| Altman-Z | 2.51 |
F-Score8
WACC7.1%
ROIC/WACC1.09
Cap/Depr(3y)25.16%
Cap/Depr(5y)18.94%
Cap/Sales(3y)4.33%
Cap/Sales(5y)3.58%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)32.94%
EPS 3YN/A
EPS 5Y-2.17%
EPS Q2Q%34.29%
EPS Next Y38.44%
EPS Next 2Y28.99%
EPS Next 3Y20.17%
EPS Next 5Y24.18%
Revenue 1Y (TTM)9.3%
Revenue growth 3Y11.38%
Revenue growth 5Y-2.3%
Sales Q2Q%16.62%
Revenue Next Year12.24%
Revenue Next 2Y9.17%
Revenue Next 3Y7.55%
Revenue Next 5YN/A
EBIT growth 1Y94.17%
EBIT growth 3Y108.21%
EBIT growth 5Y-9.36%
EBIT Next Year247.81%
EBIT Next 3Y56.91%
EBIT Next 5Y33.94%
FCF growth 1Y52.72%
FCF growth 3YN/A
FCF growth 5Y-7.57%
OCF growth 1Y52.91%
OCF growth 3Y126.45%
OCF growth 5Y-4.76%
IMAX CORP / IMAX FAQ
What is the fundamental rating for IMAX stock?
ChartMill assigns a fundamental rating of 5 / 10 to IMAX.
What is the valuation status for IMAX stock?
ChartMill assigns a valuation rating of 6 / 10 to IMAX CORP (IMAX). This can be considered as Fairly Valued.
What is the profitability of IMAX stock?
IMAX CORP (IMAX) has a profitability rating of 6 / 10.
What is the valuation of IMAX CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for IMAX CORP (IMAX) is 29.7 and the Price/Book (PB) ratio is 5.16.
What is the expected EPS growth for IMAX CORP (IMAX) stock?
The Earnings per Share (EPS) of IMAX CORP (IMAX) is expected to grow by 38.44% in the next year.