National CineMedia
Market Cap
US$808.4m
Last Updated
2021/06/24 05:38 UTC
Data Sources
Company Financials +
Executive Summary
National CineMedia, Inc., through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America. More Details
Rewards
Risk Analysis
Dividend of 4.13% is not well covered by earnings or forecast to be in the next 3 years
Snowflake Analysis
High growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has National CineMedia's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NCMI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: NCMI's weekly volatility has decreased from 13% to 7% over the past year.
Market Performance
7 Day Return
-4.3%
NCMI
-0.5%
US Media
0.5%
US Market
1 Year Return
60.8%
NCMI
44.9%
US Media
42.6%
US Market
Return vs Industry: NCMI exceeded the US Media industry which returned 44.9% over the past year.
Return vs Market: NCMI exceeded the US Market which returned 42.6% over the past year.
Shareholder returns
| NCMI | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.3% | -0.5% | 0.5% |
| 30 Day | 5.7% | -0.4% | 1.9% |
| 90 Day | 13.1% | -2.7% | 7.9% |
| 1 Year | 71.7%60.8% | 46.6%44.9% | 44.9%42.6% |
| 3 Year | -27.3%-43.5% | 65.7%58.7% | 64.4%54.1% |
| 5 Year | -50.8%-68.7% | 81.7%68.8% | 128.3%102.7% |
Long-Term Price Volatility Vs. Market
How volatile is National CineMedia's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is National CineMedia undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NCMI ($4.84) is trading below our estimate of fair value ($24.03)
Significantly Below Fair Value: NCMI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NCMI is unprofitable, so we can't compare its PE Ratio to the US Media industry average.
PE vs Market: NCMI 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 NCMI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NCMI has negative assets, so we can't compare its PB Ratio to the US Media industry average.
Future Growth
How is National CineMedia forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
92.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NCMI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: NCMI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NCMI's is expected to become profitable in the next 3 years.
Revenue vs Market: NCMI's revenue (54.8% per year) is forecast to grow faster than the US market (9.5% per year).
High Growth Revenue: NCMI's revenue (54.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NCMI's Return on Equity is forecast to be high in 3 years time
Past Performance
How has National CineMedia performed over the past 5 years?
-31.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NCMI is currently unprofitable.
Growing Profit Margin: NCMI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NCMI is unprofitable, and losses have increased over the past 5 years at a rate of 31% per year.
Accelerating Growth: Unable to compare NCMI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NCMI is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (25.4%).
Return on Equity
High ROE: NCMI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Financial Health
How is National CineMedia's financial position?
Financial Position Analysis
Short Term Liabilities: NCMI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NCMI 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: NCMI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NCMI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: NCMI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NCMI's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is National CineMedia current dividend yield, its reliability and sustainability?
4.13%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NCMI's dividend (4.13%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: NCMI's dividend (4.13%) is in the top 25% of dividend payers in the US market (3.46%)
Stability and Growth of Payments
Stable Dividend: NCMI's dividend payments have been volatile in the past 10 years.
Growing Dividend: NCMI's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: NCMI is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: NCMI's dividends in 3 years are not forecast to be well covered by earnings (173.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.1yrs
Average management tenure
CEO
Tom Lesinski (60 yo)
1.83yrs
Tenure
US$1,780,073
Compensation
Mr. Thomas F. Lesinski, also known as Tom, serves as Interim Principal Financial Officer at National CineMedia, Inc. since April 28, 2020. He has been Chief Executive Officer of National CineMedia, Inc., a...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD1.78M) is about average for companies of similar size in the US market ($USD2.39M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: NCMI's management team is seasoned and experienced (5.1 years average tenure).
Board Members
Experienced Board: NCMI's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.8%.
Top Shareholders
Company Information
National CineMedia, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: National CineMedia, Inc.
- Ticker: NCMI
- Exchange: NasdaqGS
- Founded: 2006
- Industry: Advertising
- Sector: Media
- Implied Market Cap: US$808.394m
- Market Cap: US$391.242m
- Shares outstanding: 167.02m
- Website: https://www.ncm.com
Number of Employees
Location
- National CineMedia, Inc.
- 6300 South Syracuse Way
- Suite 300
- Centennial
- Colorado
- 80111
- United States
Listings
Biography
National CineMedia, Inc., through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America. The company engages in the sale of advertising to national, regional, and lo...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/24 05:38 |
| End of Day Share Price | 2021/06/23 00:00 |
| Earnings | 2021/04/01 |
| Annual Earnings | 2020/12/31 |
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.