National CineMedia
Market Cap
US$779.5m
Last Updated
2021/03/06 23:30 UTC
Data Sources
Company Financials +
Executive Summary
National CineMedia, Inc., through its subsidiary, National CineMedia, LLC, operates a digital in-theater network in North America. More Details
Rewards
Risk Analysis
Dividend of 5.89% 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 +/- 11% a week.
Volatility Over Time: NCMI's weekly volatility has decreased from 18% to 11% over the past year.
Market Performance
7 Day Return
0.6%
NCMI
5.5%
US Media
-0.4%
US Market
1 Year Return
-25.1%
NCMI
42.9%
US Media
36.2%
US Market
Return vs Industry: NCMI underperformed the US Media industry which returned 43% over the past year.
Return vs Market: NCMI underperformed the US Market which returned 36.3% over the past year.
Shareholder returns
| NCMI | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 5.5% | -0.4% |
| 30 Day | 13.1% | 9.9% | -2.3% |
| 90 Day | 28.0% | 11.9% | 5.0% |
| 1 Year | -19.6%-25.1% | 44.8%42.9% | 39.1%36.2% |
| 3 Year | -8.9%-31.5% | 55.5%49.0% | 48.4%39.0% |
| 5 Year | -49.8%-67.9% | 97.1%82.6% | 116.6%92.4% |
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
11 months ago | Simply Wall St
What Is National CineMedia's (NASDAQ:NCMI) P/E Ratio After Its Share Price Tanked?1 year ago | Simply Wall St
National CineMedia, Inc. (NASDAQ:NCMI) Stock Goes Ex-Dividend In Just 4 DaysValuation
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 ($4.75) is trading below our estimate of fair value ($12.26)
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.
Next Steps
Future Growth
How is National CineMedia forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
101.0%
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 (44.7% per year) is forecast to grow faster than the US market (10% per year).
High Growth Revenue: NCMI's revenue (44.7% 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
Next Steps
Past Performance
How has National CineMedia performed over the past 5 years?
2.9%
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, but has reduced losses over the past 5 years at a rate of 2.9% 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 (-20.7%).
Return on Equity
High ROE: NCMI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Next Steps
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 debt is not well covered by operating cash flow (11%).
Interest Coverage: NCMI is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is National CineMedia current dividend yield, its reliability and sustainability?
5.89%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NCMI's dividend (5.89%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: NCMI's dividend (5.89%) is in the top 25% of dividend payers in the US market (3.64%)
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 (94.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.5yrs
Average management tenure
CEO
Tom Lesinski (60 yo)
1.58yrs
Tenure
US$2,767,087
Compensation
Mr. Thomas F. Lesinski, also known as Tom, serves as Interim Principal Financial Officer at National CineMedia, Inc. since April 28, 2020. He has been Chief Executive Officer of National CineMedia, Inc., ...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD2.77M) is about average for companies of similar size in the US market ($USD2.24M).
Compensation vs Earnings: Tom's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Interim Principal Financial Officer & Director | 1.58yrs | US$2.77m | 0.17% $ 1.3m | |
| President | 4.83yrs | US$2.92m | 0.45% $ 3.5m | |
| Executive VP | 3.08yrs | US$794.19k | 0.11% $ 860.4k | |
| Executive VP & Chief Revenue Officer | 3.92yrs | US$1.35m | 0.22% $ 1.7m | |
| Senior Vice President of Operations & Planning | no data | no data | no data | |
| Interim Principal Accounting Officer | 0.92yr | no data | 0.049% $ 383.5k | |
| Senior VP & Chief Information Officer | no data | no data | no data | |
| Executive Vice President of Sales & Marketing | 19.17yrs | no data | no data | |
| Chief Digital Officer & Senior VP of Corporate Development | 4.5yrs | no data | no data | |
| Senior Vice President of Human Resources | no data | no data | no data | |
| Executive Vice President of Regional Sales | 5.92yrs | no data | no data | |
| Senior Vice President of Affiliate Partnerships | 5.92yrs | no data | no data |
4.5yrs
Average Tenure
58yo
Average Age
Experienced Management: NCMI's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Interim Principal Financial Officer & Director | 1.58yrs | US$2.77m | 0.17% $ 1.3m | |
| Director | 2.17yrs | US$193.32k | 0.88% $ 6.9m | |
| Independent Director | 0.58yr | no data | 0.016% $ 124.3k | |
| Independent Chairman of the Board | 1.58yrs | US$380.03k | 0.061% $ 475.3k | |
| Director | 14.42yrs | no data | no data | |
| Independent Director | 14.08yrs | US$272.74k | 0.12% $ 962.5k | |
| Independent Director | 1.42yrs | US$33.27k | 0.021% $ 165.2k | |
| Independent Director | 1.33yrs | no data | no data | |
| Director | 3yrs | no data | no data |
2.2yrs
Average Tenure
58yo
Average Age
Experienced Board: NCMI's board of directors are not considered experienced ( 2.2 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 not been meaningfully diluted in the past year.
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: 2005
- Industry: Advertising
- Sector: Media
- Implied Market Cap: US$779.532m
- Market Cap: US$378.008m
- Shares outstanding: 164.11m
- Website: https://www.ncm.com
Number of Employees
Location
- National CineMedia, Inc.
- 6300 South Syracuse Way
- Suite 300
- Centennial
- Colorado
- 80111
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NCMI | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock Par Value 0.01 | US | USD | Feb 2007 |
| XWM | DB (Deutsche Boerse AG) | Yes | Common Stock Par Value 0.01 | DE | EUR | Feb 2007 |
Biography
National CineMedia, Inc., through its subsidiary, National CineMedia, LLC, operates a digital in-theater network in North America. The company engages in the sale of advertising to national, regional, and ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/06 23:30 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/09/24 |
| Annual Earnings | 2019/12/26 |
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.