CNK

Cinemark HoldingsNYSE:CNK Stock Report

Market Cap

US$2.1b

7D

3.2%

1Y

49.0%

Updated

16 Sep, 2021

Data

Company Financials +
CNK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth6/6
Past Performance0/6
Financial Health1/6
Dividends0/6

CNK Overview

Cinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business.

Cinemark Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cinemark Holdings
Historical stock prices
Current Share PriceUS$17.86
52 Week HighUS$7.56
52 Week LowUS$27.85
Beta2.59
1 Month Change20.84%
3 Month Change-18.37%
1 Year Change48.96%
3 Year Change-53.38%
5 Year Change-53.60%
Change since IPO-5.55%

Recent News & Updates

Aug 31
Cinemark Holdings (NYSE:CNK) Has Debt But No Earnings; Should You Worry?

Cinemark Holdings (NYSE:CNK) Has Debt But No Earnings; Should You Worry?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Aug 12

Cinemark As A Short Squeeze Candidate

Cinemark shares have been left behind by AMC in the "meme" era despite a stronger balance sheet. Cinemark is also oversold and now seems to be the better candidate for a short squeeze. Meme behaviors are hard to predict, and there is no reason to expect retail interest will flow to Cinemark - but it remains a good value buy.

Jul 29

Cinemark Plunge Offers An Opportunity

Cinemark is down more than 30% since the start of July. Pressure comes from sector effects, streaming, and fears of new pandemic restrictions. There might be opportunity here for those willing to take the risk.

Shareholder Returns

CNKUS EntertainmentUS Market
7D3.2%-1.3%-0.6%
1Y49.0%29.2%33.7%

Return vs Industry: CNK exceeded the US Entertainment industry which returned 29.2% over the past year.

Return vs Market: CNK exceeded the US Market which returned 33.7% over the past year.

Price Volatility

Is CNK's price volatile compared to industry and market?
CNK volatility
CNK Beta2.59
Industry Beta1.05
Market Beta1

Stable Share Price: CNK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: CNK's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198411,065Mark Zoradihttps://ir.cinemark.com

Cinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business. As of March 4, 2021, it operated 531 theatres with 5,958 screens in the United States, Brazil, Argentina, Chile, Colombia, Ecuador, Peru, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia, Curacao, and Paraguay. The company was founded in 1984 and is headquartered in Plano, Texas.

Cinemark Holdings Fundamentals Summary

How do Cinemark Holdings's earnings and revenue compare to its market cap?
CNK fundamental statistics
Market CapUS$2.10b
Earnings (TTM)-US$728.92m
Revenue (TTM)US$542.73m

3.9x

P/S Ratio

-2.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CNK income statement (TTM)
RevenueUS$542.73m
Cost of RevenueUS$368.96m
Gross ProfitUS$173.77m
ExpensesUS$902.70m
Earnings-US$728.92m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-6.23
Gross Margin32.02%
Net Profit Margin-134.31%
Debt/Equity Ratio634.6%

How did CNK perform over the long term?

See historical performance and comparison

Valuation

Is Cinemark Holdings 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: CNK ($17.86) is trading below our estimate of fair value ($72.83)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: CNK is overvalued based on its PB Ratio (5.4x) compared to the US Entertainment industry average (4.2x).


Future Growth

How is Cinemark Holdings forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

84.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CNK is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: CNK is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CNK's is expected to become profitable in the next 3 years.

Revenue vs Market: CNK's revenue (36.1% per year) is forecast to grow faster than the US market (9.7% per year).

High Growth Revenue: CNK's revenue (36.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CNK's Return on Equity is forecast to be high in 3 years time (32.3%)


Past Performance

How has Cinemark Holdings performed over the past 5 years?

-58.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CNK is currently unprofitable.

Growing Profit Margin: CNK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CNK is unprofitable, and losses have increased over the past 5 years at a rate of 58.9% per year.

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

Earnings vs Industry: CNK is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (10.8%).


Return on Equity

High ROE: CNK has a negative Return on Equity (-185.76%), as it is currently unprofitable.


Financial Health

How is Cinemark Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: CNK's short term assets ($719.7M) exceed its short term liabilities ($651.7M).

Long Term Liabilities: CNK's short term assets ($719.7M) do not cover its long term liabilities ($4.2B).


Debt to Equity History and Analysis

Debt Level: CNK's debt to equity ratio (634.6%) is considered high.

Reducing Debt: CNK's debt to equity ratio has increased from 149.1% to 634.6% over the past 5 years.

Debt Coverage: CNK's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if CNK's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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

2.14%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate CNK'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 CNK's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CNK'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?

4.7yrs

Average management tenure


CEO

Mark Zoradi (67 yo)

6.08yrs

Tenure

US$6,915,289

Compensation

Mr. Mark Zoradi serves as Director at National CineMedia, Inc. since March 24, 2021. He serves as the Chief Executive Officer at Cinemark USA, Inc. Mr. Zoradi has been the Chief Executive Officer of Cinema...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD6.92M) is above average for companies of similar size in the US market ($USD3.66M).

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


Leadership Team

Experienced Management: CNK's management team is considered experienced (4.7 years average tenure).


Board Members

Experienced Board: CNK's board of directors are seasoned and experienced ( 10.1 years average tenure).


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

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


Key Information

  • Name: Cinemark Holdings, Inc.
  • Ticker: CNK
  • Exchange: NYSE
  • Founded: 1984
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: US$2.095b
  • Shares outstanding: 117.30m
  • Website: https://ir.cinemark.com

Number of Employees


Location

  • Cinemark Holdings, Inc.
  • 3900 Dallas Parkway
  • Suite 500
  • Plano
  • Texas
  • 75093
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 22:54
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
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.