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IMAX NYSE:IMAX Stock Report

Last Price

US$24.77

Market Cap

US$1.3b

7D

1.5%

1Y

64.9%

Updated

30 Dec, 2024

Data

Company Financials +

IMAX Corporation

NYSE:IMAX Stock Report

Market Cap: US$1.3b

IMAX Stock Overview

Operates as a technology platform for entertainment and events worldwide. More details

IMAX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance3/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 52.5% below our estimate of its fair value

Earnings are forecast to grow 21.24% per year

Risk Analysis

Has a high level of debt


My Notes

Capture your thoughts, links and company narrative

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 11 Analysts

Upcoming Hollywood Releases And Technology Advancements Will Attract More Audiences

Key Takeaways Strategic expansion into emerging markets and advancements in technology position IMAX for revenue growth and competitive advantage. Diversification into live events and alternative content opens new revenue streams, enhancing earnings and net margins with better asset utilization.
View narrative
US$27.27
FV
9.2% undervalued intrinsic discount
7.73%
Revenue growth p.a.
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1users have followed this narrative
5 days ago author updated this narrative

IMAX Corporation Competitors

Madison Square Garden Entertainment

NYSE:MSGE

US$1.6b

Vivid Seats

NasdaqGS:SEAT

US$787.4m

iQIYI

NasdaqGS:IQ

US$2.0b

Cinemark Holdings

NYSE:CNK

US$3.7b

Price History & Performance

Summary of share price highs, lows and changes for IMAX
Historical stock prices
Current Share PriceUS$24.77
52 Week HighUS$26.84
52 Week LowUS$13.20
Beta1.24
1 Month Change-5.89%
3 Month Change23.11%
1 Year Change64.91%
3 Year Change30.92%
5 Year Change18.97%
Change since IPO281.08%

Recent News & Updates

IMAX Corporation: Overseas Growth Opportunities

Dec 24

IMAX (NYSE:IMAX) Has Some Difficulty Using Its Capital Effectively

Dec 10
IMAX (NYSE:IMAX) Has Some Difficulty Using Its Capital Effectively

IMAX Corporation (NYSE:IMAX) Shares Could Be 44% Below Their Intrinsic Value Estimate

Nov 23
IMAX Corporation (NYSE:IMAX) Shares Could Be 44% Below Their Intrinsic Value Estimate

After Leaping 26% IMAX Corporation (NYSE:IMAX) Shares Are Not Flying Under The Radar

Nov 07
After Leaping 26% IMAX Corporation (NYSE:IMAX) Shares Are Not Flying Under The Radar

Recent updates

IMAX Corporation: Overseas Growth Opportunities

Dec 24

IMAX (NYSE:IMAX) Has Some Difficulty Using Its Capital Effectively

Dec 10
IMAX (NYSE:IMAX) Has Some Difficulty Using Its Capital Effectively

IMAX Corporation (NYSE:IMAX) Shares Could Be 44% Below Their Intrinsic Value Estimate

Nov 23
IMAX Corporation (NYSE:IMAX) Shares Could Be 44% Below Their Intrinsic Value Estimate

After Leaping 26% IMAX Corporation (NYSE:IMAX) Shares Are Not Flying Under The Radar

Nov 07
After Leaping 26% IMAX Corporation (NYSE:IMAX) Shares Are Not Flying Under The Radar

Here's Why IMAX (NYSE:IMAX) Can Manage Its Debt Responsibly

Oct 31
Here's Why IMAX (NYSE:IMAX) Can Manage Its Debt Responsibly

If EPS Growth Is Important To You, IMAX (NYSE:IMAX) Presents An Opportunity

Oct 13
If EPS Growth Is Important To You, IMAX (NYSE:IMAX) Presents An Opportunity

IMAX Corporation: Undervalued Relative To Revenue Growth And Margin Expansion Potential

Oct 10

When Should You Buy IMAX Corporation (NYSE:IMAX)?

Sep 30
When Should You Buy IMAX Corporation (NYSE:IMAX)?

Returns On Capital At IMAX (NYSE:IMAX) Paint A Concerning Picture

Aug 23
Returns On Capital At IMAX (NYSE:IMAX) Paint A Concerning Picture

IMAX Corporation: Upbeat Mid-Term Outlook After Great Q2 Signings

Jul 30

Pinning Down IMAX Corporation's (NYSE:IMAX) P/S Is Difficult Right Now

Jul 26
Pinning Down IMAX Corporation's (NYSE:IMAX) P/S Is Difficult Right Now

Is IMAX (NYSE:IMAX) A Risky Investment?

Jun 19
Is IMAX (NYSE:IMAX) A Risky Investment?

Is It Too Late To Consider Buying IMAX Corporation (NYSE:IMAX)?

May 22
Is It Too Late To Consider Buying IMAX Corporation (NYSE:IMAX)?

IMAX Corporation: Good Reasons To Be Bullish

Apr 08

IMAX Corporation Just Recorded A 12% EPS Beat: Here's What Analysts Are Forecasting Next

Mar 01
IMAX Corporation Just Recorded A 12% EPS Beat: Here's What Analysts Are Forecasting Next

When Should You Buy IMAX Corporation (NYSE:IMAX)?

Feb 15
When Should You Buy IMAX Corporation (NYSE:IMAX)?

IMAX Corporation: Bull Case Has Merits, But I Am Not Interested

Jan 22

IMAX Corporation: International Expansion Remains A Bright Spot

Nov 19

Some Investors May Be Worried About IMAX's (NYSE:IMAX) Returns On Capital

Oct 13
Some Investors May Be Worried About IMAX's (NYSE:IMAX) Returns On Capital

IMAX Appears Expensive After Post-Pandemic Appreciation

Oct 09

IMAX Corporation Stock: Bullish Following A Blockbuster Summer

Aug 24

Should You Think About Buying IMAX Corporation (NYSE:IMAX) Now?

Jul 31
Should You Think About Buying IMAX Corporation (NYSE:IMAX) Now?

These Return Metrics Don't Make IMAX (NYSE:IMAX) Look Too Strong

Jul 14
These Return Metrics Don't Make IMAX (NYSE:IMAX) Look Too Strong

IMAX Corporation: Coming Back To Life

Jun 15

Are Investors Undervaluing IMAX Corporation (NYSE:IMAX) By 31%?

Jun 07
Are Investors Undervaluing IMAX Corporation (NYSE:IMAX) By 31%?

Is It Time To Consider Buying IMAX Corporation (NYSE:IMAX)?

Apr 03
Is It Time To Consider Buying IMAX Corporation (NYSE:IMAX)?

IMAX (NYSE:IMAX) Is Carrying A Fair Bit Of Debt

Mar 13
IMAX (NYSE:IMAX) Is Carrying A Fair Bit Of Debt

IMAX Non-GAAP EPS of $0.19 misses by $0.03, revenue of $98M beats by $1.77M

Feb 22

IMAX, Cinema XXI expand relationship with deal for ten new theatres in Indonesia

Feb 14

IMAX (NYSE:IMAX) Has Some Difficulty Using Its Capital Effectively

Feb 06
IMAX (NYSE:IMAX) Has Some Difficulty Using Its Capital Effectively

IMAX Corporation: All Eyes On China

Jan 30

IMAX plans to add seven new locations in Japanese expansion

Jan 19

IMAX China gets new key person

Dec 12

Is IMAX (NYSE:IMAX) A Risky Investment?

Nov 28
Is IMAX (NYSE:IMAX) A Risky Investment?

IMAX, AMC partner on six new Saudi Arabia theaters

Oct 27

Capital Allocation Trends At IMAX (NYSE:IMAX) Aren't Ideal

Oct 17
Capital Allocation Trends At IMAX (NYSE:IMAX) Aren't Ideal

IMAX Corporation: Watch Recent Buyback Program Expansion And Acquisition

Oct 04

IMAX acquires streaming technology firm SSIMWAVE in cash-and-stock deal

Sep 22

IMAX doubles buyback plan to $400M

Sep 07

Cineworld, IMAX enter expanded deal for upgraded and new locations

Aug 03

Is IMAX (NYSE:IMAX) Using Too Much Debt?

Jul 28
Is IMAX (NYSE:IMAX) Using Too Much Debt?

IMAX Is Recovering, Not Growing

Jul 21

IMAX extends current share repurchase program

Jun 30

IMAX (NYSE:IMAX) Will Be Looking To Turn Around Its Returns

Jun 27
IMAX (NYSE:IMAX) Will Be Looking To Turn Around Its Returns

IMAX Corporation: Multiple Tailwinds

Jun 21

Does IMAX (NYSE:IMAX) Have A Healthy Balance Sheet?

Mar 29
Does IMAX (NYSE:IMAX) Have A Healthy Balance Sheet?

Shareholder Returns

IMAXUS EntertainmentUS Market
7D1.5%-0.4%0.6%
1Y64.9%51.8%23.7%

Return vs Industry: IMAX exceeded the US Entertainment industry which returned 51.8% over the past year.

Return vs Market: IMAX exceeded the US Market which returned 23.7% over the past year.

Price Volatility

Is IMAX's price volatile compared to industry and market?
IMAX volatility
IMAX Average Weekly Movement5.5%
Entertainment Industry Average Movement7.6%
Market Average Movement6.3%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: IMAX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: IMAX's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1967683Rich Gelfondwww.imax.com

IMAX Corporation, together with its subsidiaries, operates as a technology platform for entertainment and events worldwide. The company operates in two segments, Content Solutions and Technology Products and Services. The company offers IMAX DMR, a proprietary technology that digitally remasters films and other content into IMAX formats for distribution to the IMAX network; IMAX Enhanced that provides end-to-end technology across streaming content and entertainment devices at home; and SSIMWAVE, an AI-driven video quality solutions for media and entertainment companies.

IMAX Corporation Fundamentals Summary

How do IMAX's earnings and revenue compare to its market cap?
IMAX fundamental statistics
Market capUS$1.32b
Earnings (TTM)US$23.29m
Revenue (TTM)US$345.55m

56.0x

P/E Ratio

3.8x

P/S Ratio

Is IMAX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IMAX income statement (TTM)
RevenueUS$345.55m
Cost of RevenueUS$157.10m
Gross ProfitUS$188.45m
Other ExpensesUS$165.16m
EarningsUS$23.29m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.44
Gross Margin54.54%
Net Profit Margin6.74%
Debt/Equity Ratio75.1%

How did IMAX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 23:22
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

IMAX Corporation is covered by 29 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Marla BackerAscendiant Capital Markets LLC
James GossBarrington Research Associates, Inc.
Michael HickeyBenchmark Company