Cinedigm Corp., together with its subsidiaries, operates as distributor and aggregator of independent movie, television, and other short form content primarily in the United States.
Imperfect balance sheet and overvalued.
Share Price & News
How has Cinedigm's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CIDM's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CIDM underperformed the US Entertainment industry which returned 20.7% over the past year.
Return vs Market: CIDM underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Cinedigm's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StEstimating The Fair Value Of Cinedigm Corp. (NASDAQ:CIDM)
4 weeks ago | Simply Wall StDoes Cinedigm Corp.'s (NASDAQ:CIDM) CEO Pay Compare Well With Peers?
1 month ago | Simply Wall StThose Who Purchased Cinedigm (NASDAQ:CIDM) Shares Five Years Ago Have A 96% Loss To Show For It
Is Cinedigm 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: CIDM ($0.52) is trading below our estimate of fair value ($0.6)
Significantly Below Fair Value: CIDM is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CIDM is unprofitable, so we can't compare its PE Ratio to the Entertainment industry average.
PE vs Market: CIDM is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CIDM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CIDM has negative assets, so we can't compare its PB Ratio to the US Entertainment industry average.
How is Cinedigm forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Cinedigm 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.
How has Cinedigm performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CIDM is currently unprofitable.
Growing Profit Margin: CIDM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CIDM is unprofitable, but has reduced losses over the past 5 years at a rate of 15.1% per year.
Accelerating Growth: Unable to compare CIDM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CIDM is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (-8.9%).
Return on Equity
High ROE: CIDM's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
How is Cinedigm's financial position?
Financial Position Analysis
Short Term Liabilities: CIDM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CIDM has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CIDM has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CIDM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Inventory Level: CIDM has a low level of unsold assets or inventory.
Debt Coverage by Assets: CIDM has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CIDM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CIDM is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -8.4% per year.
What is Cinedigm's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate CIDM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CIDM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CIDM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CIDM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CIDM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris McGurk (62yo)
Mr. Christopher J. McGurk, also known as Chris, has been the Chairman and Chief Executive Officer of Cinedigm Corp. (alternate name, Cinedigm Digital Cinema Corp.) since January 2011. He is a Director at I ...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD1.74M) is above average for companies of similar size in the US market ($USD521.92K).
Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.
|Chairman & CEO||9.1yrs||US$1.74m||2.09% $440.5k|
|COO, President of Digital Cinema||1yrs||US$918.73k||0.30% $62.1k|
|President of Digital Networks||5.7yrs||US$754.83k||0.19% $39.1k|
|Executive Director of Accounting & Royalties||0yrs||no data||no data|
|Chief Marketing Officer and Executive VP of Corporate Marketing & Communications||0yrs||no data||no data|
|Senior Vice President of Sales||0yrs||no data||no data|
|Vice President of Human Resources||1.6yrs||no data||no data|
|Strategic Advisor||2.8yrs||no data||no data|
|Executive Vice President of Content Acquisitions||6.3yrs||no data||no data|
Experienced Management: CIDM's management team is considered experienced (2.8 years average tenure).
|Chairman & CEO||9.1yrs||US$1.74m||2.09% $440.5k|
|Independent Director||9.4yrs||US$100.00k||0.26% $54.3k|
|Lead Independent Director||4.1yrs||US$124.00k||0.39% $81.4k|
|Board Observer||4.3yrs||US$36.58k||no data|
|Independent Director||4.6yrs||US$100.00k||0.51% $106.7k|
Experienced Board: CIDM's board of directors are considered experienced (4.3 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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.6%.
Cinedigm Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Cinedigm Corp.
- Ticker: CIDM
- Exchange: NasdaqGM
- Founded: 2000
- Industry: Movies and Entertainment
- Sector: Media
- Market Cap: US$21.028m
- Shares outstanding: 40.29m
- Website: https://www.cinedigm.com
Number of Employees
- Cinedigm Corp.
- 45 West 36th Street
- 7th Floor
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CIDM||NasdaqGM (Nasdaq Global Market)||Yes||Class A Common Stock||US||USD||Nov 2003|
|IQ51||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Nov 2003|
Cinedigm Corp., together with its subsidiaries, operates as distributor and aggregator of independent movie, television, and other short form content primarily in the United States. The company operates through two segments, Cinema Equipment Business and Content and Entertainment Business. It manages a library of distribution rights to various titles and episodes released across digital, physical, and home and mobile entertainment platforms, as well as services digital cinema assets on approximately 12,000 domestic and foreign movie screens. The company distributes its products for various brands, such as Hallmark, Televisa, ZDF, Shout! Factory, NFL, NHL, and Scholastic, as well as international and domestic content creators, movie producers, television producers, and other short form digital content producers. It also collaborates with producers, various brands, and other content owners to market, source, curate, and distribute content to targeted audiences through existing and emerging digital home entertainment platforms, including Apple, Amazon Prime, Netflix, Hulu, Xbox, PlayStation, Walmart Now, and cable/satellite video-on-demand; and distributes DVD and Blu-ray discs to wholesalers and retailers with sales coverage to approximately 60,000 brick and mortar storefronts, including Walmart, Target, Best Buy, and Amazon. In addition, the company operates various branded and curated over-the-top entertainment channels, including Docurama, CONtv, and Dove Channel. Cinedigm Corp. has a strategic alliance with Starrise Media Holdings Limited to release films in China theatrically and to digital platforms, as well as to evaluate opportunities to jointly produce Chinese/American film co-productions. The company was formerly known as Cinedigm Digital Cinema Corp. and changed its name to Cinedigm Corp. in September 2013. Cinedigm Corp. was founded in 2000 and is based in New York, New York. Cinedigm Corp. operates as a subsidiary of Bison Capital Holding Company Limited
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 00:16|
|End of Day Share Price||2020/02/14 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.