NYSE:CNK

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

6 star dividend payer and fair value.


Similar Companies

Share Price & News

How has Cinemark Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CNK has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-5.7%

CNK

3.6%

US Entertainment

0.2%

US Market


1 Year Return

-11.4%

CNK

18.1%

US Entertainment

12.2%

US Market

Return vs Industry: CNK underperformed the US Entertainment industry which returned 18.1% over the past year.

Return vs Market: CNK underperformed the US Market which returned 12.2% over the past year.


Shareholder returns

CNKIndustryMarket
7 Day-5.7%3.6%0.2%
30 Day-4.1%6.1%3.5%
90 Day-9.6%3.7%6.3%
1 Year-8.2%-11.4%19.0%18.1%14.7%12.2%
3 Year-9.5%-17.9%60.7%55.3%47.8%38.3%
5 Year14.4%-2.0%101.8%88.8%62.1%44.1%

Price Volatility Vs. Market

How volatile is Cinemark Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

34.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CNK ($34.25) is trading below our estimate of fair value ($52.12)

Significantly Below Fair Value: CNK is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CNK is good value based on its PE Ratio (21.7x) compared to the Entertainment industry average (26.3x).

PE vs Market: CNK is poor value based on its PE Ratio (21.7x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: CNK is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: CNK is good value based on its PB Ratio (2.7x) compared to the US Entertainment industry average (2.8x).


Next Steps

Future Growth

How is Cinemark Holdings forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

9.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CNK's forecast earnings growth (9.6% per year) is above the savings rate (2.7%).

Earnings vs Market: CNK's earnings (9.6% per year) are forecast to grow slower than the US market (14.3% per year).

High Growth Earnings: CNK's earnings are forecast to grow, but not significantly.

Revenue vs Market: CNK's revenue (2.6% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: CNK's revenue (2.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CNK's Return on Equity is forecast to be low in 3 years time (15%).


Next Steps

Past Performance

How has Cinemark Holdings performed over the past 5 years?

3.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CNK has large one-off items impacting its financial results.

Growing Profit Margin: CNK's current net profit margins (5.6%) are lower than last year (9.1%).


Past Earnings Growth Analysis

Earnings Trend: CNK's earnings have grown by 3.1% per year over the past 5 years.

Accelerating Growth: CNK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CNK had negative earnings growth (-36.3%) over the past year, making it difficult to compare to the Entertainment industry average (12%).


Return on Equity

High ROE: CNK's Return on Equity (12.5%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Cinemark Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: CNK's short term assets ($594.8M) do not cover its short term liabilities ($639.8M)

Long Term Liabilities: CNK's short term assets (594.8M) do not cover its long term liabilities (3.6B)


Debt to Equity History and Analysis

Debt Level: CNK's debt to equity ratio (120.2%) is considered high

Reducing Debt: CNK's debt to equity ratio has reduced from 162.2% to 120.2% over the past 5 years.

Debt Coverage: CNK's debt is well covered by operating cash flow (33.6%).

Interest Coverage: CNK's interest payments on its debt are well covered by EBIT (4x coverage).


Balance Sheet

Inventory Level: CNK has a high level of physical assets or inventory.

Debt Coverage by Assets: CNK's debt is not covered by short term assets (assets are 0.3x debt).


Next Steps

Dividend

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

3.97%

Current Dividend Yield


Dividend Yield vs Market

company4.0%marketbottom25%1.4%markettop25%3.6%industryaverage1.2%forecastin3Years4.4%

Current dividend yield vs market & industry

Notable Dividend: CNK's dividend (3.97%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: CNK's dividend (3.97%) is in the top 25% of dividend payers in the US market (3.65%)


Stability and Growth of Payments

Stable Dividend: CNK's dividends per share have been stable in the past 10 years.

Growing Dividend: CNK's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (21.5%), CNK's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CNK's dividends in 3 years are forecast to be covered by earnings (58.7% payout ratio).


Next Steps

Management

What is the CEO of Cinemark Holdings's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

Mark Zoradi (65yo)

4.3yrs

Tenure

US$5,245,256

Compensation

Mr. Mark Zoradi serves as the Chief Executive Officer at Cinemark USA, Inc. Mr. Zoradi has been the Chief Executive Officer of Cinemark Holdings, Inc. since August 24, 2015. He has been a Non Executive Str ...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD5.25M) is about average for companies of similar size in the US market ($USD5.10M).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.


Management Age and Tenure

4.3yrs

Average Tenure

55yo

Average Age

Experienced Management: CNK's management team is considered experienced (4.3 years average tenure).


Board Age and Tenure

8.3yrs

Average Tenure

60yo

Average Age

Experienced Board: CNK's board of directors are considered experienced (8.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Lee Mitchell (82yo)

    Executive Chairman of the Board

    • Tenure: 23.7yrs
    • Compensation: US$2.04m
  • Michael Cavalier (52yo)

    Executive VP

    • Tenure: 22.3yrs
    • Compensation: US$2.11m
  • Don Harton (61yo)

    Executive Vice President of Design & Construction

    • Tenure: 1.9yrs
  • Wanda Gierhart (55yo)

    Executive VP & Chief Marketing Officer

    • Tenure: 1.8yrs
  • Mark Zoradi (65yo)

    CEO & Director

    • Tenure: 4.3yrs
    • Compensation: US$5.25m
  • Valmir Fernandes (58yo)

    President of Cinemark International LLC

    • Tenure: 12.7yrs
    • Compensation: US$1.81m
  • James Meredith (50yo)

    Senior Vice President of Marketing & Communications

    • Tenure: 0yrs
  • Sean Gamble (44yo)

    CFO & COO

    • Tenure: 5.3yrs
    • Compensation: US$2.46m
  • Phillip Couch

    Executive Vice President of Food & Beverage

    • Tenure: 2.8yrs
  • Chanda Brashears (40yo)

    Vice President of Investor Relations & Corporate Communications

    • Tenure: 0yrs

Board Members

  • Benjamin Chereskin (60yo)

    Independent Director

    • Tenure: 15.6yrs
    • Compensation: US$198.85k
  • Enrique Hernández (76yo)

    Independent Director

    • Tenure: 15.6yrs
    • Compensation: US$188.85k
  • Lee Mitchell (82yo)

    Executive Chairman of the Board

    • Tenure: 23.7yrs
    • Compensation: US$2.04m
  • Steven Rosenberg (60yo)

    Independent Director

    • Tenure: 11.6yrs
    • Compensation: US$198.85k
  • Raymond Syufy (56yo)

    Director

    • Tenure: 13.1yrs
    • Compensation: US$188.85k
  • Carlos Sepulveda (61yo)

    Lead Director

    • Tenure: 3.8yrs
    • Compensation: US$248.85k
  • Mark Zoradi (65yo)

    CEO & Director

    • Tenure: 4.3yrs
    • Compensation: US$5.25m
  • Nancy Loewe (52yo)

    Independent Director

    • Tenure: 2.5yrs
    • Compensation: US$196.35k
  • Ximena Humrichouse Vaca (48yo)

    Independent Director

    • Tenure: 5yrs
    • Compensation: US$201.35k
  • Darcy Antonellis (57yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: US$188.85k

Company Information

Cinemark Holdings, Inc.'s company bio, 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$3.985b
  • Shares outstanding: 116.35m
  • Website: https://www.cinemark.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZZADB (Deutsche Boerse AG)YesCommon StockDEEURApr 2007
CNKNYSE (New York Stock Exchange)YesCommon StockUSUSDApr 2007

Biography

Cinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business. As of October 10, 2019, it operated 549 theaters and 6,086 screens in 41 states of the United Sta ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/15 00:01
End of Day Share Price2019/11/14 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.