IMAX Valuation

Is IMAX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of IMAX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: IMAX ($17.13) is trading below our estimate of fair value ($101.83)

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


Key Valuation Metric

Which metric is best to use when looking at relative valuation for IMAX?

Other financial metrics that can be useful for relative valuation.

IMAX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.1x
Enterprise Value/EBITDA12.8x
PEG Ratio1.4x

Price to Earnings Ratio vs Peers

How does IMAX's PE Ratio compare to its peers?

The above table shows the PE ratio for IMAX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.1x
SEAT Vivid Seats
10.5x13.8%US$1.2b
MCS Marcus
28.7x24.7%US$423.2m
MSGE Madison Square Garden Entertainment
25.4x11.5%US$1.8b
CNK Cinemark Holdings
12.1x18.8%US$2.2b
IMAX IMAX
35.8x24.7%US$906.0m

Price-To-Earnings vs Peers: IMAX is expensive based on its Price-To-Earnings Ratio (35.8x) compared to the peer average (19.2x).


Price to Earnings Ratio vs Industry

How does IMAX's PE Ratio compare vs other companies in the US Entertainment Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a26.2%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a26.2%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: IMAX is expensive based on its Price-To-Earnings Ratio (35.8x) compared to the US Entertainment industry average (18.7x).


Price to Earnings Ratio vs Fair Ratio

What is IMAX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IMAX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio35.8x
Fair PE Ratio21.9x

Price-To-Earnings vs Fair Ratio: IMAX is expensive based on its Price-To-Earnings Ratio (35.8x) compared to the estimated Fair Price-To-Earnings Ratio (21.9x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst IMAX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$17.13
US$21.65
+26.4%
14.7%US$25.00US$14.50n/a10
Apr ’25US$15.84
US$21.95
+38.6%
15.2%US$25.50US$14.00n/a11
Mar ’25US$16.87
US$21.95
+30.1%
15.2%US$25.50US$14.00n/a11
Feb ’25US$13.75
US$22.59
+64.3%
17.7%US$30.00US$13.00n/a11
Jan ’25US$15.02
US$23.59
+57.1%
15.8%US$30.00US$15.00n/a11
Dec ’24US$16.29
US$24.32
+49.3%
15.3%US$30.00US$15.00n/a11
Nov ’24US$18.09
US$24.13
+33.4%
15.4%US$30.00US$15.00n/a12
Oct ’24US$19.32
US$23.88
+23.6%
16.4%US$30.00US$15.00n/a12
Sep ’24US$18.99
US$23.73
+24.9%
17.1%US$30.00US$15.00n/a11
Aug ’24US$18.40
US$23.73
+29.0%
17.1%US$30.00US$15.00n/a11
Jul ’24US$16.99
US$23.45
+38.0%
15.2%US$27.00US$15.00n/a11
Jun ’24US$17.59
US$23.45
+33.3%
15.2%US$27.00US$15.00n/a11
May ’24US$21.04
US$23.36
+11.0%
15.4%US$27.00US$15.00n/a11
Apr ’24US$19.18
US$21.27
+10.9%
13.5%US$25.00US$14.00US$15.8411
Mar ’24US$18.58
US$21.27
+14.5%
13.5%US$25.00US$14.00US$16.8711
Feb ’24US$17.23
US$19.45
+12.9%
15.6%US$23.00US$12.00US$13.7511
Jan ’24US$14.66
US$19.27
+31.5%
15.2%US$23.00US$12.00US$15.0211
Dec ’23US$16.78
US$18.73
+11.6%
14.1%US$22.00US$12.00US$16.2911
Nov ’23US$12.73
US$18.73
+47.1%
14.1%US$22.00US$12.00US$18.0911
Oct ’23US$14.12
US$22.09
+56.5%
16.2%US$26.00US$13.00US$19.3211
Sep ’23US$15.21
US$22.09
+45.2%
17.3%US$26.00US$12.00US$18.9911
Aug ’23US$16.95
US$22.09
+30.3%
17.3%US$26.00US$12.00US$18.4011
Jul ’23US$16.79
US$23.18
+38.1%
17.2%US$28.00US$14.00US$16.9911
Jun ’23US$17.11
US$23.64
+38.1%
18.8%US$30.00US$14.00US$17.5911
May ’23US$15.82
US$24.00
+51.7%
18.7%US$30.00US$14.00US$21.0410
Apr ’23US$18.51
US$25.15
+35.8%
14.7%US$30.00US$15.60US$19.1811

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


Discover undervalued companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.