Cineplex Inc., through its subsidiaries, operates as an entertainment and media company in Canada and internationally.
+ 1 more risk
Average dividend payer and slightly overvalued.
Share Price & News
How has Cineplex's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CGX's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CGX underperformed the Canadian Entertainment industry which returned -35.5% over the past year.
Return vs Market: CGX underperformed the Canadian Market which returned -11% over the past year.
Price Volatility Vs. Market
How volatile is Cineplex's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall StA Rising Share Price Has Us Looking Closely At Cineplex Inc.'s (TSE:CGX) P/E Ratio
5 months ago | Simply Wall StCineplex Inc.’s (TSE:CGX) Investment Returns Are Lagging Its Industry
6 months ago | Simply Wall StIs Cineplex Inc. (TSE:CGX) Expensive For A Reason? A Look At Its Intrinsic Value
Is Cineplex undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CGX (CA$14.82) is trading below our estimate of fair value (CA$28.19)
Significantly Below Fair Value: CGX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CGX is poor value based on its PE Ratio (25.7x) compared to the Entertainment industry average (22.8x).
PE vs Market: CGX is poor value based on its PE Ratio (25.7x) compared to the Canadian market (12.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CGX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CGX is overvalued based on its PB Ratio (1.6x) compared to the CA Entertainment industry average (1.4x).
How is Cineplex forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CGX's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if CGX's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CGX's revenue is expected to decline over the next 3 years (-11.1% per year).
High Growth Revenue: CGX's revenue is forecast to decline over the next 3 years (-11.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CGX's Return on Equity is forecast to be low in 3 years time (10.9%).
How has Cineplex performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CGX has high quality earnings.
Growing Profit Margin: CGX's current net profit margins (2.2%) are lower than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: CGX's earnings have declined by -13.5% per year over the past 5 years.
Accelerating Growth: CGX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CGX had negative earnings growth (-57.3%) over the past year, making it difficult to compare to the Entertainment industry average (14.6%).
Return on Equity
High ROE: CGX's Return on Equity (6.2%) is considered low.
How is Cineplex's financial position?
Financial Position Analysis
Short Term Liabilities: CGX's short term assets (CA$256.7M) do not cover its short term liabilities (CA$590.6M).
Long Term Liabilities: CGX's short term assets (CA$256.7M) do not cover its long term liabilities (CA$1.9B).
Debt to Equity History and Analysis
Debt Level: CGX's debt to equity ratio (107.9%) is considered high.
Reducing Debt: CGX's debt to equity ratio has increased from 45.4% to 107.9% over the past 5 years.
Debt Coverage: CGX's debt is well covered by operating cash flow (50.5%).
Interest Coverage: CGX's interest payments on its debt are not well covered by EBIT (1.6x coverage).
What is Cineplex's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CGX's dividend (12.15%) is higher than the bottom 25% of dividend payers in the Canadian market (2.04%).
High Dividend: CGX's dividend (12.15%) is in the top 25% of dividend payers in the Canadian market (6.37%)
Stability and Growth of Payments
Stable Dividend: CGX's dividends per share have been stable in the past 10 years.
Growing Dividend: CGX's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (308.5%), CGX's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CGX's dividends in 3 years are not forecast to be well covered by earnings (204.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ellis Jacob (65yo)
Mr. Ellis Jacob, CM, FCA, CMA, MBA, serves as Independent Director at Rogers Communications Inc. since April 22, 2020. He has been the Chief Executive Officer and President of Cineplex Inc. since November ...
CEO Compensation Analysis
Compensation vs Market: Ellis's total compensation ($USD3.02M) is above average for companies of similar size in the Canadian market ($USD1.76M).
Compensation vs Earnings: Ellis's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||17.33yrs||CA$1.10m||0.13% CA$1.2m|
|Chief Operating Officer||9.17yrs||CA$1.49m||0.11% CA$1.1m|
|Executive VP of Real Estate & Chief Legal Officer||2.42yrs||CA$606.18k||0.027% CA$257.1k|
|Executive Vice President of Filmed Entertainment||15.33yrs||CA$767.84k||0.019% CA$179.7k|
|Chief Digital & Technology Officer||1.08yrs||no data||no data|
|Senior Manager of Communications & Investor Relations||no data||no data||no data|
|Executive Director of Communications||no data||no data||no data|
|Executive Vice President of Corporate Development & Strategy||no data||no data||0.012% CA$110.0k|
|Senior Vice President of Sales - Cineplex Media||no data||no data||no data|
Experienced Management: CGX's management team is seasoned and experienced (12.3 years average tenure).
|Independent Director||3yrs||CA$115.00k||no data|
|Independent Director||13.5yrs||CA$100.00k||no data|
|Independent Director||3.5yrs||CA$100.00k||0.00087% CA$8.2k|
|Independent Director||10yrs||CA$100.00k||0.0040% CA$37.1k|
|Independent Director||10.5yrs||CA$100.00k||0.016% CA$148.2k|
|Independent Chairman of the Board||3.5yrs||CA$175.00k||no data|
|Independent Director||3yrs||CA$120.00k||no data|
|Independent Director||7yrs||CA$100.00k||0.014% CA$133.4k|
Experienced Board: CGX's board of directors are considered experienced (7 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cineplex Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Cineplex Inc.
- Ticker: CGX
- Exchange: TSX
- Founded: 2003
- Industry: Movies and Entertainment
- Sector: Media
- Market Cap: CA$938.599m
- Shares outstanding: 63.33m
- Website: https://www.cineplex.com
Number of Employees
- Cineplex Inc.
- 1303 Yonge Street
- M4T 2Y9
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CGX||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Apr 2007|
|CX0||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Apr 2007|
|CPXG.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Apr 2007|
Cineplex Inc., through its subsidiaries, operates as an entertainment and media company in Canada and internationally. It operates through three segments: Film Entertainment and Content, Media, and Amusement and Leisure. The Film Entertainment and Content segment operates film theatres; and provides food and in-theatre amusement services, as well as rents theatres and digital commerce. The Media segment provides in-theatre advertising services; and designs, installs, and operates digital signage networks, as well as offers advertising on networks. The Amusement and Leisure segment operates and distributes amusement, gaming, and vending equipment; and operates social entertainment destinations comprising gaming, entertainment, and dining facilities, as well as facilitates tournaments, leagues, and gaming ladders for the competitive gaming community. The company operates theatres under the Cineplex Odeon, SilverCity, Galaxy Cinemas, Scotiabank Theatres, Cineplex Cinemas, Cineplex VIP Cinemas, Famous Players, and Cinema City brands. As of December 31, 2019, it operated 165 theatres in Canada. Cineplex Inc. was founded in 2003 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/29 06:51|
|End of Day Share Price||2020/05/28 00:00|
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.