Cineplex Inc.

TSX:CGX Stock Report

Market Cap: CA$635.0m

Cineplex Valuation

Is CGX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CGX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CGX (CA$9.99) is trading above our estimate of fair value (CA$8.81)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CGX?

Key metric: As CGX is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for CGX. This is calculated by dividing CGX's market cap by their current revenue.
What is CGX's PS Ratio?
PS Ratio0.5x
SalesCA$1.28b
Market CapCA$635.04m

Price to Sales Ratio vs Peers

How does CGX's PS Ratio compare to its peers?

The above table shows the PS ratio for CGX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.7x
WILD WildBrain
0.4x8.5%CA$222.2m
TBRD Thunderbird Entertainment Group
0.5x14.3%CA$83.9m
OAM OverActive Media
1.6xn/aCA$30.2m
BRMI Boat Rocker Media
0.2x4.7%CA$34.6m
CGX Cineplex
0.5x8.4%CA$635.0m

Price-To-Sales vs Peers: CGX is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (0.7x).

Price to Sales Ratio vs Industry

How does CGX's PS Ratio compare vs other companies in the CA Entertainment Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
BBTV BBTV Holdings
0.02xn/aUS$5.90m
SWRM Swarmio Media Holdings
0.1xn/aUS$400.55k
ICRS Icarus Capital
0.08xn/aUS$70.46k
No more companies available in this PS range
CGX 0.5xIndustry Avg. 1.2xNo. of Companies5PS00.61.21.82.43+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: CGX is good value based on its Price-To-Sales Ratio (0.5x) compared to the North American Entertainment industry average (1.2x).

Price to Sales Ratio vs Fair Ratio

What is CGX's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CGX PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ratio1.1x

Price-To-Sales vs Fair Ratio: CGX is good value based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (1.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CGX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$9.99
CA$12.92
+29.3%
11.3%CA$16.00CA$11.50n/a6
Nov ’25CA$9.96
CA$13.00
+30.5%
10.6%CA$16.00CA$12.00n/a6
Oct ’25CA$10.53
CA$12.92
+22.7%
11.3%CA$16.00CA$11.50n/a6
Sep ’25CA$10.95
CA$13.00
+18.7%
10.6%CA$16.00CA$12.00n/a6
Aug ’25CA$9.03
CA$12.33
+36.6%
9.8%CA$14.00CA$10.00n/a6
Jul ’25CA$8.22
CA$12.58
+53.1%
10.6%CA$14.00CA$10.00n/a6
Jun ’25CA$7.77
CA$12.75
+64.1%
8.1%CA$14.00CA$11.00n/a6
May ’25CA$9.02
CA$12.88
+42.7%
7.4%CA$14.00CA$11.25n/a6
Apr ’25CA$7.43
CA$12.88
+73.3%
7.4%CA$14.00CA$11.25n/a6
Mar ’25CA$8.03
CA$12.90
+60.6%
8.6%CA$14.00CA$11.00n/a5
Feb ’25CA$8.13
CA$12.96
+59.4%
10.9%CA$15.00CA$11.00n/a6
Jan ’25CA$8.37
CA$13.13
+56.8%
9.3%CA$15.00CA$11.50n/a6
Dec ’24CA$8.35
CA$13.13
+57.2%
9.3%CA$15.00CA$11.50n/a6
Nov ’24CA$8.66
CA$13.00
+50.1%
10.2%CA$14.50CA$11.00CA$9.966
Oct ’24CA$9.47
CA$13.17
+39.0%
11.3%CA$15.00CA$11.00CA$10.536
Sep ’24CA$8.44
CA$12.79
+51.6%
8.8%CA$15.00CA$11.50CA$10.956
Aug ’24CA$9.26
CA$12.54
+35.4%
7.5%CA$14.00CA$11.00CA$9.036
Jul ’24CA$8.87
CA$12.54
+41.4%
7.5%CA$14.00CA$11.00CA$8.226
Jun ’24CA$9.77
CA$12.54
+28.4%
7.5%CA$14.00CA$11.00CA$7.776
May ’24CA$8.89
CA$12.08
+35.9%
6.1%CA$13.00CA$11.00CA$9.026
Apr ’24CA$8.83
CA$12.08
+36.8%
6.1%CA$13.00CA$11.00CA$7.436
Mar ’24CA$8.17
CA$12.08
+47.9%
6.1%CA$13.00CA$11.00CA$8.036
Feb ’24CA$8.71
CA$12.21
+40.2%
4.8%CA$13.00CA$11.50CA$8.136
Jan ’24CA$8.05
CA$13.54
+68.2%
10.6%CA$15.50CA$12.00CA$8.376
Dec ’23CA$10.20
CA$13.96
+36.8%
9.7%CA$15.50CA$12.00CA$8.356
Nov ’23CA$9.47
CA$14.79
+56.2%
12.4%CA$17.50CA$12.00CA$8.666

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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