company background image
MCS

MarcusNYSE:MCS Stock Report

Market Cap

US$585.7m

7D

-1.2%

1Y

138.4%

Updated

26 Oct, 2021

Data

Company Financials +
MCS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance0/6
Financial Health0/6
Dividends0/6

MCS Overview

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States.

Marcus Competitors

Lions Gate Entertainment

NYSE:LGF.A

US$3.0b

Cinemark Holdings

NYSE:CNK

US$2.3b

IMAX

NYSE:IMAX

US$1.3b

Reading International

NasdaqCM:RDI

US$146.6m

Price History & Performance

Summary of all time highs, changes and price drops for Marcus
Historical stock prices
Current Share PriceUS$18.64
52 Week HighUS$7.26
52 Week LowUS$24.71
Beta1.81
1 Month Change9.33%
3 Month Change14.29%
1 Year Change138.36%
3 Year Change-52.02%
5 Year Change-28.58%
Change since IPO59.01%

Recent News & Updates

Shareholder Returns

MCSUS EntertainmentUS Market
7D-1.2%0.2%0.9%
1Y138.4%30.0%33.4%

Return vs Industry: MCS exceeded the US Entertainment industry which returned 32.5% over the past year.

Return vs Market: MCS exceeded the US Market which returned 33.4% over the past year.

Price Volatility

Is MCS's price volatile compared to industry and market?
MCS volatility
MCS Beta1.81
Industry Beta1.04
Market Beta1

Stable Share Price: MCS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

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

About the Company

FoundedEmployeesCEOWebsite
19351,680Greg Marcushttps://www.marcuscorp.com

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. As of March 4, 2021, it owned or operated 1,097 screens at 89 movie theatre locations in 17 states under the Marcus Theatres, Movie Tavern by Marcus, and BistroPlex brands; and owned and managed 18 hotels, resorts, and other properties in 8 states. The company also operates a family entertainment center under the Funset Boulevard name in Appleton, Wisconsin, as well as owns and operates a retail outlet under the name of Ronnie’s Plaza in St. Louis, Missouri.

Marcus Fundamentals Summary

How do Marcus's earnings and revenue compare to its market cap?
MCS fundamental statistics
Market CapUS$585.69m
Earnings (TTM)-US$129.96m
Revenue (TTM)US$200.37m

2.9x

P/S Ratio

-4.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MCS income statement (TTM)
RevenueUS$200.37m
Cost of RevenueUS$143.70m
Gross ProfitUS$56.66m
ExpensesUS$186.62m
Earnings-US$129.96m

Last Reported Earnings

Jul 01, 2021

Next Earnings Date

Nov 03, 2021

Earnings per share (EPS)-4.14
Gross Margin28.28%
Net Profit Margin-64.86%
Debt/Equity Ratio75.4%

How did MCS perform over the long term?

See historical performance and comparison

Valuation

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

1.34x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: MCS ($18.64) is trading above our estimate of fair value ($13.99)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: MCS is good value based on its PB Ratio (1.3x) compared to the US Entertainment industry average (3.9x).


Future Growth

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

100.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: MCS's revenue (42.6% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: MCS's revenue (42.6% 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 MCS's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Marcus performed over the past 5 years?

-53.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MCS is currently unprofitable.

Growing Profit Margin: MCS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MCS is unprofitable, and losses have increased over the past 5 years at a rate of 53.5% per year.

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

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


Return on Equity

High ROE: MCS has a negative Return on Equity (-29.7%), as it is currently unprofitable.


Financial Health

How is Marcus's financial position?


Financial Position Analysis

Short Term Liabilities: MCS's short term assets ($75.8M) do not cover its short term liabilities ($176.7M).

Long Term Liabilities: MCS's short term assets ($75.8M) do not cover its long term liabilities ($609.8M).


Debt to Equity History and Analysis

Debt Level: MCS's debt to equity ratio (75.4%) is considered high.

Reducing Debt: MCS's debt to equity ratio has increased from 64.3% to 75.4% over the past 5 years.

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

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


Balance Sheet


Dividend

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

3.43%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

8.2yrs

Average management tenure


CEO

Greg Marcus (56 yo)

12.75yrs

Tenure

US$4,608,010

Compensation

Mr. Gregory S. Marcus, also known as Greg, serves as Member of Board of Directors at Marcus Investment LLC. He has been the President and Chief Executive Officer at The Marcus Corporation since January 8,...


CEO Compensation Analysis

Compensation vs Market: Greg's total compensation ($USD4.61M) is above average for companies of similar size in the US market ($USD1.68M).

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


Leadership Team

Experienced Management: MCS's management team is seasoned and experienced (8.2 years average tenure).


Board Members

Experienced Board: MCS's board of directors are seasoned and experienced ( 25.5 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

The Marcus Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: The Marcus Corporation
  • Ticker: MCS
  • Exchange: NYSE
  • Founded: 1935
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: US$585.687m
  • Shares outstanding: 31.42m
  • Website: https://www.marcuscorp.com

Number of Employees


Location

  • The Marcus Corporation
  • 100 East Wisconsin Avenue
  • Suite 1900
  • Milwaukee
  • Wisconsin
  • 53202-4125
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 22:31
End of Day Share Price2021/10/26 00:00
Earnings2021/07/01
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.