Cinemark Holdings, Inc.

DB:ZZA Stock Report

Market Cap: €3.6b

Cinemark Holdings Valuation

Is ZZA 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: ZZA (€30.01) is trading below our estimate of fair value (€42.31)

Significantly Below Fair Value: ZZA is trading below fair value by more than 20%.

Key Valuation Metric

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

Key metric: As ZZA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ZZA. This is calculated by dividing ZZA's market cap by their current earnings.
What is ZZA's PE Ratio?
PE Ratio15.8x
EarningsUS$235.70m
Market CapUS$3.72b

Price to Earnings Ratio vs Peers

How does ZZA's PE Ratio compare to its peers?

The above table shows the PE ratio for ZZA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.9x
EVD CTS Eventim KGaA
32x13.9%€8.1b
EDL Edel SE KGaA
7.5x-0.4%€92.3m
SAX Ströer SE KGaA
21.8x28.0%€2.5b
RRTL RTL Group
10.4x-2.2%€4.2b
ZZA Cinemark Holdings
15.8x8.6%€3.7b

Price-To-Earnings vs Peers: ZZA is good value based on its Price-To-Earnings Ratio (15.8x) compared to the peer average (17.9x).

Price to Earnings Ratio vs Industry

How does ZZA's PE Ratio compare vs other companies in the European Entertainment Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ZZA 15.8xIndustry Avg. 14.0xNo. of Companies10PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ZZA is expensive based on its Price-To-Earnings Ratio (15.8x) compared to the European Entertainment industry average (14x).

Price to Earnings Ratio vs Fair Ratio

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

ZZA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.8x
Fair PE Ratio17.8x

Price-To-Earnings vs Fair Ratio: ZZA is good value based on its Price-To-Earnings Ratio (15.8x) compared to the estimated Fair Price-To-Earnings Ratio (17.8x).

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 ZZA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€30.01
€32.81
+9.3%
15.3%€38.60€21.23n/a10
Dec ’25€32.18
€31.23
-2.9%
13.2%€35.97€20.82n/a10
Nov ’25€27.24
€30.18
+10.8%
12.5%€33.22€20.30n/a10
Oct ’25€24.86
€25.55
+2.8%
12.5%€28.74€17.96n/a9
Sep ’25€24.92
€24.91
-0.02%
14.9%€28.29€14.60n/a10
Aug ’25€21.74
€22.29
+2.5%
16.1%€25.90€12.95n/a10
Jul ’25€19.94
€20.09
+0.8%
17.6%€24.29€13.08n/a10
Jun ’25€15.60
€19.31
+23.8%
16.9%€23.22€13.00n/a10
May ’25€16.30
€18.60
+14.1%
16.9%€22.55€13.15n/a10
Apr ’25€16.60
€16.65
+0.3%
20.2%€22.20€12.03n/a10
Mar ’25€15.90
€16.65
+4.7%
20.2%€22.20€12.03n/a10
Feb ’25€12.70
€16.62
+30.9%
20.6%€22.16€11.08n/a10
Jan ’25€12.60
€17.47
+38.7%
17.2%€21.73€11.77€29.4910
Dec ’24€12.90
€18.56
+43.9%
13.1%€22.05€14.70€32.1810
Nov ’24€15.70
€19.21
+22.4%
14.2%€22.61€14.13€27.2410
Oct ’24€17.00
€19.00
+11.8%
14.3%€22.46€13.10€24.8610
Sep ’24€15.10
€17.93
+18.7%
16.8%€21.81€12.72€24.9211
Aug ’24€14.90
€16.60
+11.4%
16.4%€20.53€11.16€21.7411
Jul ’24€15.10
€17.17
+13.7%
14.9%€20.32€11.55€19.9411
Jun ’24€14.90
€17.04
+14.4%
15.2%€20.07€11.40€15.6011
May ’24€15.20
€15.85
+4.3%
14.6%€19.12€11.38€16.3011
Apr ’24€13.48
€14.14
+4.9%
13.3%€16.97€10.37€16.6011
Mar ’24€12.38
€14.14
+14.2%
13.3%€16.97€10.37€15.9011
Feb ’24€11.02
€12.91
+17.2%
18.0%€16.39€8.19€12.7011
Jan ’24€7.99
€13.62
+70.4%
17.8%€16.96€8.48€12.6011

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 19:48
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Cinemark Holdings, Inc. is covered by 35 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Marla BackerAscendiant Capital Markets LLC
Anthony DiClementeBarclays