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CINE

Bahrain Cinema Company B.S.C BAX:CINECO Stock Report

Last Price

ب.د0.45

Market Cap

ب.د35.1m

7D

-1.1%

1Y

-20.5%

Updated

16 May, 2022

Data

Company Financials
CINECO fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

CINECO Stock Overview

Bahrain Cinema Company B.S.C., together its subsidiaries, engages in screening films in the Kingdom of Bahrain.

Bahrain Cinema Company B.S.C Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Bahrain Cinema Company B.S.C
Historical stock prices
Current Share Priceب.د0.45
52 Week Highب.د0.57
52 Week Lowب.د0.45
Beta0.34
1 Month Change-9.18%
3 Month Changen/a
1 Year Change-20.54%
3 Year Change-43.67%
5 Year Change-57.21%
Change since IPO199.81%

Recent News & Updates

Shareholder Returns

CINECOBH EntertainmentBH Market
7D-1.1%0.3%-3.4%
1Y-20.5%-17.0%31.1%

Return vs Industry: CINECO underperformed the BH Entertainment industry which returned -16.2% over the past year.

Return vs Market: CINECO underperformed the BH Market which returned 31.2% over the past year.

Price Volatility

Is CINECO's price volatile compared to industry and market?
CINECO volatility
CINECO Average Weekly Movementn/a
Entertainment Industry Average Movement7.3%
Market Average Movement2.5%
10% most volatile stocks in BH Market6.5%
10% least volatile stocks in BH Market1.7%

Stable Share Price: Insufficient data to determine CINECO's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine CINECO's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1967228Ahmed A. Rahman AlBastakihttps://www.bahraincinema.com

Bahrain Cinema Company B.S.C., together its subsidiaries, engages in screening films in the Kingdom of Bahrain. It operates through Theatre Operations, Restaurants and Concession Counters, and Others segments. The company also engages in the operation of restaurants; advertisement activities; managing and leasing real estate properties; and sale/trade of furniture, household articles, and other machinery, and equipment and parts.

Bahrain Cinema Company B.S.C Fundamentals Summary

How do Bahrain Cinema Company B.S.C's earnings and revenue compare to its market cap?
CINECO fundamental statistics
Market Capب.د35.12m
Earnings (TTM)ب.د1.21m
Revenue (TTM)ب.د2.32m

29.0x

P/E Ratio

15.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CINECO income statement (TTM)
Revenueب.د2.32m
Cost of Revenueب.د2.89m
Gross Profit-ب.د577.61k
Other Expenses-ب.د1.79m
Earningsب.د1.21m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.015
Gross Margin-24.93%
Net Profit Margin52.33%
Debt/Equity Ratio9.6%

How did CINECO perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

98%

Payout Ratio

Valuation

Is Bahrain Cinema Company B.S.C undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


28.97x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: CINECO (BHD0.45) is trading above our estimate of fair value (BHD0.07)

Significantly Below Fair Value: CINECO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CINECO is poor value based on its PE Ratio (29x) compared to the Asian Entertainment industry average (19.2x).

PE vs Market: CINECO is poor value based on its PE Ratio (29x) compared to the BH market (13.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CINECO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CINECO is good value based on its PB Ratio (0.6x) compared to the XA Entertainment industry average (1.9x).


Future Growth

How is Bahrain Cinema Company B.S.C forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.9%

Forecasted Media industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bahrain Cinema Company B.S.C has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Bahrain Cinema Company B.S.C performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-63.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CINECO has a large one-off gain of BHD506.5K impacting its December 31 2021 financial results.

Growing Profit Margin: CINECO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CINECO's earnings have declined by 63% per year over the past 5 years.

Accelerating Growth: CINECO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CINECO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (13.8%).


Return on Equity

High ROE: CINECO's Return on Equity (2%) is considered low.


Financial Health

How is Bahrain Cinema Company B.S.C's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CINECO's short term assets (BHD18.5M) exceed its short term liabilities (BHD8.5M).

Long Term Liabilities: CINECO's short term assets (BHD18.5M) exceed its long term liabilities (BHD4.1M).


Debt to Equity History and Analysis

Debt Level: CINECO has more cash than its total debt.

Reducing Debt: Insufficient data to determine if CINECO's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CINECO's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if CINECO's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Bahrain Cinema Company B.S.C current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.37%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: CINECO's dividend (3.37%) isn’t notable compared to the bottom 25% of dividend payers in the BH market (3.71%).

High Dividend: CINECO's dividend (3.37%) is low compared to the top 25% of dividend payers in the BH market (5.59%).


Stability and Growth of Payments

Stable Dividend: CINECO's dividend payments have been volatile in the past 10 years.

Growing Dividend: CINECO's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (97.6%), CINECO's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: CINECO is paying a dividend but the company has no free cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

33.3yrs

Average board tenure


CEO

Ahmed A. Rahman AlBastaki (70 yo)

no data

Tenure

Mr. Ahmed A. Rahman Rashed AlBastaki serves as the Managing Director and Chief Executive Officer at Bahrain Cinema Company BSC. He serves as Director at Bahrain Cinema Company B.S.C. since August 28, 2017....


Board Members

Experienced Board: CINECO's board of directors are seasoned and experienced ( 33.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bahrain Cinema Company B.S.C.'s employee growth, exchange listings and data sources


Key Information

  • Name: Bahrain Cinema Company B.S.C.
  • Ticker: CINECO
  • Exchange: BAX
  • Founded: 1967
  • Industry: Movies and Entertainment
  • Sector: Media
  • Implied Market Cap: ب.د35.117m
  • Shares outstanding: 78.91m
  • Website: https://www.bahraincinema.com

Number of Employees


Location

  • Bahrain Cinema Company B.S.C.
  • Building 470, Fakhro Tower
  • 27th Floor, Block 410
  • Manama
  • Bahrain

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.