Would ESE Entertainment (CVE:ESE) Be Better Off With Less Debt?
Apr 24
Canadian (TSX) Entertainment Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies14
- 7D-1.5%
- 3M-0.4%
- 1Y-37.5%
- YTD1.2%
Over the last 7 days, the Entertainment industry has dropped 1.5%, driven by pullbacks in PopReach and OverActive Media of 13% and 11%, respectively. Meanwhile, Cineplex actually outperformed within the industry, gaining 7.8% in the last week. The industry has fallen 37% in the last year. Earnings are forecast to grow by 116% annually.
Industry Valuation and Performance
Has the Canadian Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | CA$579.5m | CA$1.5b | -CA$173,621,338.76 | 384x | -3.3x | 0.4x |
| Sat, 23 Mar 2024 | CA$620.6m | CA$1.6b | -CA$213,123,616.73 | 15.4x | -2.9x | 0.4x |
| Mon, 19 Feb 2024 | CA$567.8m | CA$1.6b | -CA$213,813,514.25 | 19x | -2.7x | 0.3x |
| Wed, 17 Jan 2024 | CA$673.2m | CA$1.7b | -CA$255,053,560.00 | 13x | -2.6x | 0.4x |
| Fri, 15 Dec 2023 | CA$629.5m | CA$1.7b | -CA$246,779,066.00 | 6x | -2.6x | 0.4x |
| Sun, 12 Nov 2023 | CA$703.5m | CA$2.0b | -CA$424,297,999.00 | 8.3x | -1.7x | 0.4x |
| Tue, 10 Oct 2023 | CA$774.0m | CA$1.9b | -CA$406,882,013.00 | 3.7x | -1.9x | 0.4x |
| Thu, 07 Sep 2023 | CA$872.7m | CA$1.9b | -CA$377,052,522.00 | 11.4x | -2.3x | 0.5x |
| Sat, 05 Aug 2023 | CA$980.1m | CA$1.8b | -CA$361,468,750.00 | 4.2x | -2.7x | 0.5x |
| Mon, 03 Jul 2023 | CA$894.8m | CA$1.8b | -CA$355,596,709.00 | 6.3x | -2.5x | 0.5x |
| Wed, 31 May 2023 | CA$926.2m | CA$1.8b | -CA$354,358,195.00 | 16.2x | -2.6x | 0.5x |
| Fri, 28 Apr 2023 | CA$994.7m | CA$1.6b | -CA$324,650,949.00 | 98.1x | -3.1x | 0.6x |
| Sun, 26 Mar 2023 | CA$978.1m | CA$1.8b | -CA$278,503,933.00 | 109.4x | -3.5x | 0.6x |
| Tue, 21 Feb 2023 | CA$1.1b | CA$1.8b | -CA$142,765,229.00 | 62.7x | -8x | 0.6x |
| Thu, 19 Jan 2023 | CA$1.1b | CA$1.8b | -CA$124,236,218.00 | 21.5x | -9.2x | 0.6x |
| Sat, 17 Dec 2022 | CA$1.1b | CA$1.8b | -CA$114,007,904.00 | 23.6x | -9.9x | 0.6x |
| Mon, 14 Nov 2022 | CA$1.0b | CA$1.9b | -CA$142,884,778.00 | 13.4x | -7.3x | 0.6x |
| Wed, 12 Oct 2022 | CA$1.1b | CA$1.9b | -CA$163,428,154.00 | 19.9x | -6.7x | 0.6x |
| Fri, 09 Sep 2022 | CA$1.3b | CA$1.9b | -CA$135,444,340.00 | 20.1x | -9.4x | 0.7x |
| Sun, 07 Aug 2022 | CA$1.2b | CA$1.9b | -CA$170,769,332.00 | 26.2x | -7.3x | 0.6x |
| Tue, 05 Jul 2022 | CA$1.3b | CA$1.9b | -CA$160,772,094.00 | 27x | -8x | 0.7x |
| Thu, 02 Jun 2022 | CA$1.3b | CA$1.9b | -CA$163,503,224.00 | 33x | -8.2x | 0.7x |
| Sat, 30 Apr 2022 | CA$1.4b | CA$1.9b | -CA$216,760,683.00 | 12.5x | -6.6x | 0.7x |
| Mon, 28 Mar 2022 | CA$1.7b | CA$1.7b | -CA$209,274,906.00 | 11.3x | -8.2x | 1x |
| Wed, 23 Feb 2022 | CA$1.8b | CA$1.7b | -CA$180,811,356.00 | 21.5x | -9.9x | 1.1x |
| Fri, 21 Jan 2022 | CA$1.9b | CA$1.7b | -CA$143,719,864.00 | 23x | -12.9x | 1.1x |
| Sun, 19 Dec 2021 | CA$1.9b | CA$1.7b | -CA$149,532,244.00 | 24.2x | -13x | 1.2x |
| Tue, 16 Nov 2021 | CA$4.8b | CA$1.7b | -CA$221,019,823.00 | 32.7x | -21.7x | 2.9x |
| Thu, 14 Oct 2021 | CA$4.6b | CA$1.4b | -CA$198,729,240.00 | 32.1x | -23x | 3.3x |
| Sat, 11 Sep 2021 | CA$4.6b | CA$1.4b | -CA$196,639,077.26 | 30.5x | -23.3x | 3.3x |
| Mon, 09 Aug 2021 | CA$4.2b | CA$1.4b | -CA$202,591,185.26 | 27.1x | -20.7x | 3x |
| Sun, 02 May 2021 | CA$3.2b | CA$1.2b | -CA$186,953,860.33 | 20x | -17.3x | 2.7x |
Price to Earnings Ratio
-17.3x
Current Industry PE
- Investors are pessimistic on the Canadian Entertainment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.39x.
Past Earnings Growth
- The earnings for companies in the Entertainment industry have improved over the last three years.
- Revenues for these companies have grown 7.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Canadian Telecom industry?
| CA Market | 0.68% | |
| Telecom | 1.08% | |
| Entertainment | -1.50% | |
| Movies and Entertainment | -0.31% | |
| Interactive Home Entertainment | -5.83% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Movies and Entertainment industry, expecting annual earnings growth of 121% over the next 5 years.
- This is better than its past earnings decline of 67% per year.
- In contrast, the Interactive Home Entertainment industry is expected to see its earnings grow by 86% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CGX Cineplex | CA$8.39 | 7.8% +CA$38.8m | -2.1% | PE3.9x | |
| TBRD Thunderbird Entertainment Group | CA$2.21 | 3.8% +CA$4.0m | -37.7% | PS0.7x | |
| WILD WildBrain | CA$1.16 | 0.9% +CA$2.3m | -45.0% | PS0.5x | |
| GET GameOn Entertainment Technologies | CA$0.11 | 22.2% +CA$1.4m | 83.3% | PS6.4x | |
| NTE Network Media Group | CA$0.33 | 10.0% +CA$534.7k | 65.0% | PS0.8x |
