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AMC

AMC Entertainment HoldingsNYSE:AMC Stock Report

Last Price

US$17.97

Market Cap

US$9.3b

7D

-12.6%

1Y

412.0%

Updated

21 Jan, 2022

Data

Company Financials +
AMC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health2/6
Dividends0/6

AMC Stock Overview

AMC Entertainment Holdings, Inc., through its subsidiaries, involved in the theatrical exhibition business.

AMC Entertainment Holdings Competitors

Cinemark Holdings

NYSE:CNK

US$1.9b

IMAX

NYSE:IMAX

US$1.0b

Reading International

NasdaqCM:RDI

US$127.6m

Nexstar Media Group

NasdaqGS:NXST

US$6.4b

Price History & Performance

Summary of all time highs, changes and price drops for AMC Entertainment Holdings
Historical stock prices
Current Share PriceUS$17.97
52 Week HighUS$72.62
52 Week LowUS$2.81
Beta1.25
1 Month Change-37.34%
3 Month Change-50.90%
1 Year Change411.97%
3 Year Change28.27%
5 Year Change-47.15%
Change since IPO-4.92%

Recent News & Updates

Jan 21

AMC Entertainment: Good To The Last Drop

We had a bearish view the last time we wrote on AMC. The stock has dropped steadily since then. Cash burn will be substantial in 2022 and a restructuring beyond 2023 cannot be ruled out. We would get cautious on the bear call if short interest moved up alongside rising borrowing costs.

Jan 03

AMC: Superhero Q4 A Start

Spider-Man saved theater business in Q4 2021. Quarterly cash burn should be limited. Q1 may not be as strong if Omicron lingers.

Dec 20

AMC Capitalization Increased $2.4 Billion On Friday Because Of Spider-Man

AMC stock price rose $4.67 on Friday, which increased the equity capitalization $2.4 billion. The new Spider-Man movie had $253 million in box office sales in North America this weekend according to Variety. Some countries are already closing down movie theaters because of Omicron. AMC continues to have losses and negative cash flow this year. AMC traders seem to be ignoring dilution from the increase in the number of shares from 104 million to about 514 million outstanding.

Dec 13
AMC Entertainment (NYSE:AMC) and Gentrification on the Stock Market

AMC Entertainment (NYSE:AMC) and Gentrification on the Stock Market

Although positively surprising in the latest earnings report, AMC Entertainment Holdings (NYSE: AMC) failed to break to new highs, as the new Omicron variant unquestionably scared the investors. Yet, the stock diverged from the broad market, which overcame the selloff while AMC continued to drift lower – pressured by insider selling.

Dec 09

AMC Entertainment Is Still Not Worth Buying At Any Price

AMC remains so far removed from the fundamentals of the business that investors cannot make a straight-faced argument that the company will meet the expectations baked into its stock price. AMC Entertainment is currently priced as if it will improve profitability above historical averages and generate revenue equal to 35% of the projected global box office in 2030. It is unlikely that the company will ever make enough money to satisfy stakeholders who have higher claims on the firm’s cash flows than common shareholders.

Nov 30

AMC: Grasping At Straws To Validate Its Market Cap And Keep 'Ape Nation' Interested

It looks like AMC's share price wasn't consolidating in the $55-$60 range as shares have decreased by -37.6% since Matt Kohrs and Trey Collins appeared on Fast Money. I think investors who jumped in on this trade need to look through the financials and give the chart another look because in the short term there aren't many catalysts. Accepting cryptocurrencies could just be smoke and mirrors as people invest in Bitcoin because they believe it is an appreciating asset. People aren't going to use it to buy movie tickets. AMC has negative shareholder equity on the books, generates negative FCF, loses money, and has diluted shareholders, this is not a recipe for capital appreciation.

Shareholder Returns

AMCUS EntertainmentUS Market
7D-12.6%-1.5%-4.0%
1Y412.0%-25.3%6.6%

Return vs Industry: AMC exceeded the US Entertainment industry which returned -25.3% over the past year.

Return vs Market: AMC exceeded the US Market which returned 6.6% over the past year.

Price Volatility

Is AMC's price volatile compared to industry and market?
AMC volatility
AMC Average Weekly Movement12.9%
Entertainment Industry Average Movement10.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: AMC is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: AMC's weekly volatility has decreased from 50% to 13% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
192014,234Adam Aronhttps://www.amctheatres.com

AMC Entertainment Holdings, Inc., through its subsidiaries, involved in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of March 12, 2021, it operated approximately 1000 theatres and 10,700 screens in the United States and internationally.

AMC Entertainment Holdings Fundamentals Summary

How do AMC Entertainment Holdings's earnings and revenue compare to its market cap?
AMC fundamental statistics
Market CapUS$9.29b
Earnings (TTM)-US$2.08b
Revenue (TTM)US$1.52b

6.1x

P/S Ratio

-4.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AMC income statement (TTM)
RevenueUS$1.52b
Cost of RevenueUS$2.16b
Gross Profit-US$639.10m
ExpensesUS$1.44b
Earnings-US$2.08b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-4.05
Gross Margin-42.08%
Net Profit Margin-136.99%
Debt/Equity Ratio-331.9%

How did AMC perform over the long term?

See historical performance and comparison

Valuation

Is AMC Entertainment Holdings undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: AMC ($17.97) is trading above our estimate of fair value ($0.58)

Significantly Below Fair Value: AMC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AMC is unprofitable, so we can't compare its PE Ratio to the US Entertainment industry average.

PE vs Market: AMC 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 AMC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AMC has negative assets, so we can't compare its PB Ratio to the US Entertainment industry average.


Future Growth

How is AMC Entertainment Holdings forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

62.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMC is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: AMC is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: AMC is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: AMC's revenue (41.1% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: AMC's revenue (41.1% 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 AMC's Return on Equity is forecast to be high in 3 years time


Past Performance

How has AMC Entertainment Holdings performed over the past 5 years?

-65.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMC is currently unprofitable.

Growing Profit Margin: AMC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AMC is unprofitable, and losses have increased over the past 5 years at a rate of 65.7% per year.

Accelerating Growth: Unable to compare AMC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AMC is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (19.5%).


Return on Equity

High ROE: AMC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is AMC Entertainment Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: AMC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: AMC 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: AMC has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: AMC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


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: AMC has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: AMC has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 62.6% each year


Dividend

What is AMC Entertainment Holdings's current dividend yield, its reliability and sustainability?

0.15%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AMC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AMC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AMC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AMC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: AMC is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AMC's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.0yrs

Average management tenure


CEO

Adam Aron (66 yo)

6yrs

Tenure

US$20,926,785

Compensation

Mr. Adam M. Aron serves as Director at Centricus Acquisition Corp. since May 6, 2021. He has been the Chairman of AMC Entertainment Holdings, Inc. since July 20, 2021. He has been the Chief Executive Offic...


CEO Compensation Analysis

Compensation vs Market: Adam's total compensation ($USD20.93M) is above average for companies of similar size in the US market ($USD6.45M).

Compensation vs Earnings: Adam's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: AMC's management team is seasoned and experienced (8 years average tenure).


Board Members

Experienced Board: AMC's board of directors are considered experienced (6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AMC insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 142.1%.


Top Shareholders

Company Information

AMC Entertainment Holdings, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: AMC Entertainment Holdings, Inc.
  • Ticker: AMC
  • Exchange: NYSE
  • Founded: 1920
  • Industry: Movies and Entertainment
  • Sector: Media
  • Implied Market Cap: US$9.287b
  • Shares outstanding: 513.96m
  • Website: https://www.amctheatres.com

Number of Employees


Location

  • AMC Entertainment Holdings, Inc.
  • One AMC Way
  • 11500 Ash Street
  • Leawood
  • Kansas
  • 66211
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 23:02
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.