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Cineworld Group

DB:DQ6
Snowflake Description

Good value with proven track record and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DQ6
DB
£4B
Market Cap
  1. Home
  2. DE
  3. Media
Company description

Cineworld Group plc engages in the cinema business. The last earnings update was 16 days ago. More info.


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DQ6 Share Price and Events
7 Day Returns
-1.4%
DB:DQ6
0.1%
DE Entertainment
0.8%
DE Market
1 Year Returns
24.7%
DB:DQ6
13%
DE Entertainment
-4.5%
DE Market
DQ6 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Cineworld Group (DQ6) -1.4% 9.7% 19.4% 24.7% -48.5% -8.4%
DE Entertainment 0.1% 5.8% 11.1% 13% 34.4% 75.5%
DE Market 0.8% 6.9% 8.1% -4.5% 10.4% 13.9%
1 Year Return vs Industry and Market
  • DQ6 outperformed the Entertainment industry which returned 13% over the past year.
  • DQ6 outperformed the Market in Germany which returned -4.5% over the past year.
Price Volatility
DQ6
Industry
5yr Volatility vs Market

Value

 Is Cineworld Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Cineworld Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Cineworld Group.

DB:DQ6 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 11 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.2%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:DQ6
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Entertainment Unlevered Beta Simply Wall St/ S&P Global 0.96
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.963 (1 + (1- 19%) (72.63%))
1.355
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.35
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.355 * 6.65%)
9.24%

Discounted Cash Flow Calculation for DB:DQ6 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Cineworld Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:DQ6 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.24%)
2019 626.11 Analyst x4 573.16
2020 687.60 Analyst x7 576.22
2021 727.96 Analyst x7 558.45
2022 885.85 Analyst x1 622.11
2023 955.88 Est @ 7.91% 614.52
2024 1,009.42 Est @ 5.6% 594.07
2025 1,049.70 Est @ 3.99% 565.53
2026 1,079.73 Est @ 2.86% 532.52
2027 1,102.10 Est @ 2.07% 497.58
2028 1,118.83 Est @ 1.52% 462.42
Present value of next 10 years cash flows $5,596.60
DB:DQ6 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $1,118.83 × (1 + 0.23%) ÷ (9.24% – 0.23%)
$12,446.34
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $12,446.34 ÷ (1 + 9.24%)10
$5,144.17
DB:DQ6 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $5,596.60 + $5,144.17
$10,740.77
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $10,740.77 / 1,371.16
$6.92
DB:DQ6 Discount to Share Price
Calculation Result
Exchange Rate USD/GBP
(Reporting currency to currency of LSE:CINE)
0.775
Value per Share
(GBP)
= Value per Share in USD x Exchange Rate (USD/GBP)
= $7.83 x 0.775
£6.07
Non-primary Listing Adjustment Factor 1 share in DB:DQ6 represents 1.13171x of LSE:CINE
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.13171x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 6.07 x 1.13171
€6.87
Value per share (EUR) From above. €6.87
Current discount Discount to share price of €3.57
= -1 x (€3.57 - €6.87) / €6.87
48.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Cineworld Group is available for.
Intrinsic value
48%
Share price is €3.57 vs Future cash flow value of €6.87
Current Discount Checks
For Cineworld Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Cineworld Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Cineworld Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Cineworld Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cineworld Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:DQ6 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.22
LSE:CINE Share Price ** LSE (2019-04-25) in GBP £3.15
LSE:CINE Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.29 $4.07
Germany Entertainment Industry PE Ratio Median Figure of 10 Publicly-Listed Entertainment Companies 19.26x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 20.1x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Cineworld Group.

DB:DQ6 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:CINE Share Price ÷ EPS (both in USD)

= 4.07 ÷ 0.22

18.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cineworld Group is good value based on earnings compared to the DE Entertainment industry average.
  • Cineworld Group is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Cineworld Group's expected growth come at a high price?
Raw Data
DB:DQ6 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 18.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
12.7%per year
Europe Entertainment Industry PEG Ratio Median Figure of 30 Publicly-Listed Entertainment Companies 1.75x
Germany Market PEG Ratio Median Figure of 268 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

DB:DQ6 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 18.1x ÷ 12.7%

1.43x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cineworld Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Cineworld Group's assets?
Raw Data
DB:DQ6 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $2.49
LSE:CINE Share Price * LSE (2019-04-25) in GBP £3.15
LSE:CINE Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.29 $4.07
Germany Entertainment Industry PB Ratio Median Figure of 14 Publicly-Listed Entertainment Companies 1.51x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.87x
DB:DQ6 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:CINE Share Price ÷ Book Value per Share (both in USD)

= 4.07 ÷ 2.49

1.63x

* Primary Listing of Cineworld Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cineworld Group is overvalued based on assets compared to the DE Entertainment industry average.
X
Value checks
We assess Cineworld Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Entertainment industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Entertainment industry average (and greater than 0)? (1 check)
  5. Cineworld Group has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Cineworld Group expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cineworld Group expected to grow at an attractive rate?
  • Cineworld Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Cineworld Group's earnings growth is expected to exceed the Germany market average.
  • Cineworld Group's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:DQ6 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:DQ6 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 12.7%
DB:DQ6 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts 6.2%
Germany Entertainment Industry Earnings Growth Rate Market Cap Weighted Average 22.9%
Germany Entertainment Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:DQ6 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:DQ6 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 5,625 1,036 617 1
2022-12-31 5,451 1,064 545 2
2021-12-31 5,153 1,054 503 8
2020-12-31 4,964 1,018 473 11
2019-12-31 4,843 921 429 9
DB:DQ6 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 4,119 632 284
2018-09-30 3,300 570 246
2018-06-30 2,509 509 211
2018-03-31 1,917 383 180
2017-12-31 1,147 228 130
2017-09-30 1,174 231 133
2017-06-30 1,102 223 125
2017-03-31 1,040 203 113
2016-12-31 985 185 101
2016-09-30 997 201 98
2016-06-30 975 211 91
2016-03-31 1,036 234 108

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Cineworld Group's earnings are expected to grow by 12.7% yearly, however this is not considered high growth (20% yearly).
  • Cineworld Group's revenue is expected to grow by 6.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:DQ6 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from Cineworld Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DQ6 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 0.45 0.45 0.45 1.00
2022-12-31 0.42 0.42 0.42 1.00
2021-12-31 0.37 0.40 0.33 6.00
2020-12-31 0.35 0.39 0.32 7.00
2019-12-31 0.32 0.35 0.26 7.00
DB:DQ6 Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.22
2018-09-30 0.21
2018-06-30 0.20
2018-03-31 0.22
2017-12-31 0.21
2017-09-30 0.30
2017-06-30 0.47
2017-03-31 0.42
2016-12-31 0.38
2016-09-30 0.37
2016-06-30 0.34
2016-03-31 0.41

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Cineworld Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Cineworld Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Cineworld Group has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Cineworld Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Cineworld Group's growth in the last year to its industry (Entertainment).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Cineworld Group has delivered over 20% year on year earnings growth in the past 5 years.
  • Cineworld Group's 1-year earnings growth exceeds its 5-year average (119.5% vs 30.1%)
  • Cineworld Group's earnings growth has exceeded the DE Entertainment industry average in the past year (119.5% vs -6%).
Earnings and Revenue History
Cineworld Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Cineworld Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DQ6 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 4,119.10 284.30 185.60
2018-09-30 3,300.15 245.80 158.15
2018-06-30 2,509.48 210.54 206.54
2018-03-31 1,917.29 180.10 176.69
2017-12-31 1,147.00 129.50 54.40
2017-09-30 1,174.48 133.07 127.03
2017-06-30 1,101.57 125.41 117.04
2017-03-31 1,040.08 112.71 114.06
2016-12-31 985.04 101.24 112.73
2016-09-30 996.92 98.18 112.77
2016-06-30 975.01 91.47 108.88
2016-03-31 1,036.44 108.09 118.61
2015-12-31 1,040.85 119.89 122.11
2015-09-30 1,048.42 121.74 95.10
2015-07-02 1,061.60 124.29 66.98
2015-04-02 964.04 99.50 70.78
2015-01-01 963.22 84.75 81.64
2014-10-01 885.12 61.01 74.46
2014-06-26 804.66 35.38 67.01
2014-03-26 728.48 34.63 66.45
2013-12-26 667.10 34.50 67.02
2013-09-26 641.16 40.66 62.03
2013-06-27 601.39 45.38 55.89
2013-03-27 569.57 43.31 48.90
2012-12-27 577.94 44.31 45.11
2012-09-27 573.36 45.32 42.89
2012-06-28 542.70 44.22 38.79

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Cineworld Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Cineworld Group used its assets more efficiently than the DE Entertainment industry average last year based on Return on Assets.
  • Cineworld Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Cineworld Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Entertainment industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Cineworld Group has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Cineworld Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Cineworld Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Cineworld Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Cineworld Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Cineworld Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Cineworld Group Company Filings, last reported 3 months ago.

DB:DQ6 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3,420.30 4,049.70 316.30
2018-09-30 3,420.30 4,049.70 316.30
2018-06-30 3,436.30 4,127.00 477.00
2018-03-31 3,436.30 4,127.00 477.00
2017-12-31 1,044.70 466.80 91.00
2017-09-30 1,039.61 463.76 90.50
2017-06-30 929.37 440.79 39.22
2017-03-31 896.14 425.03 37.82
2016-12-31 819.09 417.45 68.90
2016-09-30 863.84 440.25 72.66
2016-06-30 820.53 375.97 43.21
2016-03-31 888.95 407.32 46.81
2015-12-31 788.53 453.77 92.17
2015-09-30 809.11 465.61 94.58
2015-07-02 807.40 480.76 58.40
2015-04-02 767.35 456.91 55.50
2015-01-01 787.34 496.54 58.16
2014-10-01 820.38 517.38 60.60
2014-06-26 850.75 541.71 55.11
2014-03-26 828.90 527.80 53.69
2013-12-26 318.52 215.69 31.21
2013-09-26 310.41 210.20 30.42
2013-06-27 290.26 188.68 5.18
2013-03-27 288.11 187.29 5.14
2012-12-27 303.87 222.03 17.56
2012-09-27 305.25 223.03 17.64
2012-06-28 244.67 161.51 7.60
  • Cineworld Group's level of debt (118.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (67.1% vs 118.4% today).
  • Debt is not well covered by operating cash flow (15.6%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.2x coverage).
X
Financial health checks
We assess Cineworld Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Cineworld Group has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Cineworld Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.69%
Current annual income from Cineworld Group dividends. Estimated to be 4.83% next year.
If you bought €2,000 of Cineworld Group shares you are expected to receive €74 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Cineworld Group's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Cineworld Group's dividend is above the markets top 25% of dividend payers in Germany (3.67%).
Upcoming dividend payment

Purchase Cineworld Group before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:DQ6 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
Germany Entertainment Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 1.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:DQ6 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.25 1.00
2022-12-31 0.23 2.00
2021-12-31 0.21 9.00
2020-12-31 0.19 12.00
2019-12-31 0.18 12.00
DB:DQ6 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-03-14 0.150 3.827
2018-04-11 0.268 7.778
2018-03-15 0.298 8.977
2017-04-12 0.238 3.569
2017-03-09 0.231 2.914
2016-04-14 0.211 3.077
2016-03-10 0.247 3.325
2015-03-12 0.187 2.605
2014-04-01 0.151 2.874
2014-03-06 0.167 3.207
2013-03-07 0.175 3.399
2012-04-17 0.165 4.620
2012-03-08 0.172 5.122
2011-03-10 0.161 5.315
2010-03-11 0.143 4.956
2010-03-01 0.149 5.946

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cineworld Group has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Cineworld Group only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Cineworld Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.8x coverage).
X
Income/ dividend checks
We assess Cineworld Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Cineworld Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Cineworld Group has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Cineworld Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mooky Greidinger
COMPENSATION $2,391,000
AGE 65
TENURE AS CEO 5.2 years
CEO Bio

Mr. Moshe Greidinger, also known as Mooky, has been the Chief Executive Officer of Cineworld Group plc since February 28, 2014. Mr. Greidinger served as the Chief Executive Officer of Global City Holdings N.V. (GCH) and holds a non-executive role at GCH. He has been an Executive Director of Cineworld Group plc since February 28, 2014. He served as Chief Executive Officer of Cinema City International N.V. (“CCI”). He joined the Cinema City Group in 1976. Since 1984, has held executive positions with the Cinema City Group. Mr. Greidinger has served as a Director and Deputy Managing Director of Israel Theatres Limited since 1983 and Co-Chairman of the Cinema Owners Association in Israel since August 1996. Mr. Greidinger serves as a Non-Executive Director of Global City Holdings N.V. (formerly CCI). Mr. Greidinger has also served for the last 12 years as head of the Board of Trustees of the Hebrew Reali School of Haifa. Mr. Greidinger achieved the “Exhibitor of the Year Award” at ShoWest in Las Vegas in 2004 and “International Exhibitor of the Year Award” at CineEurope, in Amsterdam in 2011, with special recognition for having developed new markets in Central and Eastern Europe.

CEO Compensation
  • Mooky's compensation has been consistent with company performance over the past year.
  • Mooky's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Cineworld Group management team in years:

3.5
Average Tenure
50.5
Average Age
  • The tenure for the Cineworld Group management team is about average.
Management Team

Mooky Greidinger

TITLE
CEO & Executive Director
COMPENSATION
$2M
AGE
65
TENURE
5.2 yrs

Nisan Cohen

TITLE
CFO & Executive Director
COMPENSATION
$526K
AGE
45
TENURE
2.3 yrs

Israel Greidinger

TITLE
Deputy CEO & Executive Director
COMPENSATION
$2M
AGE
56
TENURE
4.7 yrs

Matt Eyre

TITLE
Chief Operations Officer
TENURE
3.1 yrs

Fiona Smith

TITLE
General Counsel & Company Secretary
TENURE
3.8 yrs

Tara Rooney

TITLE
Senior Vice President of Human Resources

Renana Teperberg

TITLE
Chief Commercial Officer & Executive Director
AGE
40
TENURE
3.1 yrs
Board of Directors Tenure

Average tenure and age of the Cineworld Group board of directors in years:

3.9
Average Tenure
62.5
Average Age
  • The tenure for the Cineworld Group board of directors is about average.
Board of Directors

Tony Bloom

TITLE
Chairman of the Board
COMPENSATION
$175K
AGE
79
TENURE
14.5 yrs

Mooky Greidinger

TITLE
CEO & Executive Director
COMPENSATION
$2M
AGE
65
TENURE
5.2 yrs

Alicja Kornasiewicz

TITLE
Deputy Chair of the Board
COMPENSATION
$50K
AGE
66
TENURE
0.3 yrs

Nisan Cohen

TITLE
CFO & Executive Director
COMPENSATION
$526K
AGE
45
TENURE
2.3 yrs

Israel Greidinger

TITLE
Deputy CEO & Executive Director
COMPENSATION
$2M
AGE
56
TENURE
5.2 yrs

Renana Teperberg

TITLE
Chief Commercial Officer & Executive Director
AGE
40
TENURE
0.8 yrs

Rick Senat

TITLE
Senior Independent Director
COMPENSATION
$65K
AGE
68
TENURE
3.9 yrs

Julie Southern

TITLE
Independent Non-Executive Director
COMPENSATION
$70K
AGE
59
TENURE
3.9 yrs

Dean Moore

TITLE
Independent Non-Executive Director
COMPENSATION
$58K
AGE
60
TENURE
2.3 yrs

Scott Rosenblum

TITLE
Independent Non-Executive Director
COMPENSATION
$50K
AGE
68
TENURE
5.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Cineworld Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Cineworld Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Cineworld Group plc engages in the cinema business. It is also involved in financing, retail, cinema property leasing, property, software development and provision, ticket booking, film distribution, advertising, general partner, projector leasing, and gift promotion activities. The company operates its cinema sites under the Regal, United Artists, Edwards theatres, Cineworld, Picturehouse, Cinema City, Yes Planet, and Rav-Chen brands. As of December 31, 2018, it operated 9,518 screens in 790 sites in the United States, the United Kingdom, Ireland, Poland, Israel, Hungary, Romania, the Czech Republic, Bulgaria, and Slovakia. The company was founded in 1995 and is headquartered in Brentford, the United Kingdom.

Details
Name: Cineworld Group plc
DQ6
Exchange: DB
Founded: 1995
£5,005,713,289
1,371,163,463
Website: http://www.cineworldplc.com
Address: Cineworld Group plc
Vantage London,
8th Floor,
Brentford,
Greater London, TW8 9AG,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE CINE Ordinary Shares London Stock Exchange GB GBP 27. Apr 2007
OTCPK CNNW.F Ordinary Shares Pink Sheets LLC US USD 27. Apr 2007
DB DQ6 Ordinary Shares Deutsche Boerse AG DE EUR 27. Apr 2007
BATS-CHIXE CINEL Ordinary Shares BATS 'Chi-X Europe' GB GBP 27. Apr 2007
OTCPK CNWG.Y UNSPONSORD ADR Pink Sheets LLC US USD 01. Mar 2010
Number of employees
Current staff
Staff numbers
37,641
Cineworld Group employees.
Industry
Movies and Entertainment
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 21:18
End of day share price update: 2019/04/25 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/04/09
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.