NYSE:MCS

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Limited growth and overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: MCS is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: MCS's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

2.5%

MCS

2.9%

US Entertainment

0.7%

US Market


1 Year Return

-59.0%

MCS

42.5%

US Entertainment

22.2%

US Market

Return vs Industry: MCS underperformed the US Entertainment industry which returned 40.3% over the past year.

Return vs Market: MCS underperformed the US Market which returned 22.7% over the past year.


Shareholder returns

MCSIndustryMarket
7 Day2.5%2.9%0.7%
30 Day71.0%15.3%11.8%
90 Day-18.5%7.1%8.6%
1 Year-58.8%-59.0%43.1%42.5%25.0%22.2%
3 Year-52.3%-54.2%89.8%85.7%49.4%39.5%
5 Year-28.2%-33.7%111.0%101.5%100.2%78.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.74x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MCS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MCS's fair value to establish if it is undervalued.


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 (0.7x) compared to the US Entertainment industry average (3.6x).


Next Steps

Future Growth

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

85.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MCS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MCS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MCS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MCS's revenue (44.7% per year) is forecast to grow faster than the US market (10.2% per year).

High Growth Revenue: MCS's revenue (44.7% 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


Next Steps

Past Performance

How has Marcus performed over the past 5 years?

-15.5%

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 15.5% 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 (33.7%).


Return on Equity

High ROE: MCS has a negative Return on Equity (-14.47%), as it is currently unprofitable.


Next Steps

Financial Health

How is Marcus's financial position?


Financial Position Analysis

Short Term Liabilities: MCS's short term assets ($91.7M) do not cover its short term liabilities ($220.5M).

Long Term Liabilities: MCS's short term assets ($91.7M) do not cover its long term liabilities ($556.9M).


Debt to Equity History and Analysis

Debt Level: MCS's debt to equity ratio (56.4%) is considered high.

Reducing Debt: MCS's debt to equity ratio has reduced from 67.9% to 56.4% 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


Next Steps

Dividend

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


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?

6.8yrs

Average management tenure


CEO

Greg Marcus (55 yo)

11.92yrs

Tenure

US$5,342,057

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 ($USD5.34M) is above average for companies of similar size in the US market ($USD1.79M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Gregory Marcus
President11.92yrsUS$5.34m1.4%
$ 5.6m
Douglas Neis
Executive VP24.25yrsUS$1.86m0.28%
$ 1.1m
Thomas Kissinger
Senior EVP25.33yrsUS$1.97m0.29%
$ 1.2m
Rolando Rodriguez
Executive Vice President7.33yrsUS$2.05m0.19%
$ 758.7k
Kim Lueck
Chief Information Officer6.25yrsno datano data
John Murray
Vice President of Human Resources4.67yrsno datano data
Jim Waldvogel
MD for The Hilton Minneapolis/Bloomington Hotel & Crowne Plaza Minneapolis Northstar Downtown5.08yrsno datano data
Michael Evans
President of Marcus Hotels & Resorts division1yrno datano data
Joseph Khairallah
President of Marcus Hotels & Resorts and Chief Operating Officer of Marcus Hotels & Resorts4.17yrsno datano data
Steven Bartelt
Director of Legal Affairs & Assistant Secretary7.33yrsno datano data

6.8yrs

Average Tenure

60yo

Average Age

Experienced Management: MCS's management team is seasoned and experienced (6.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gregory Marcus
President11.92yrsUS$5.34m1.4%
$ 5.6m
Stephen Marcus
Chairman of the Board29yrsUS$1.16m15.31%
$ 61.4m
Bruce Olson
Director24.67yrsUS$121.32k0.056%
$ 223.8k
Timothy Hoeksema
Independent Director25.92yrsUS$123.82k0.12%
$ 486.4k
Diane Gershowitz
Director35.92yrsUS$262.12k9.11%
$ 36.5m
Philip Milstein
Lead Independent Directorno dataUS$129.32k0.20%
$ 792.3k
Allan Selig
Independent Director25.92yrsUS$124.32k0.12%
$ 483.3k
Brian Stark
Independent Director8.92yrsUS$131.82k0.061%
$ 243.0k
Katherine Gehl
Independent Director5.92yrsUS$129.32k0.043%
$ 172.6k
David Baum
Independent Director4.83yrsUS$129.09k0.047%
$ 190.2k

24.7yrs

Average Tenure

70.5yo

Average Age

Experienced Board: MCS's board of directors are seasoned and experienced ( 24.7 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 company bio, 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$401.040m
  • Shares outstanding: 31.06m
  • Website: https://www.marcuscorp.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MCSNYSE (New York Stock Exchange)YesCommon StockUSUSDDec 1993
3L1DB (Deutsche Boerse AG)YesCommon StockDEEURDec 1993

Biography

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. As of March 17, 2020, it owned or operated 1,110 screens at 91 locatio...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 23:24
End of Day Share Price2020/12/02 00:00
Earnings2020/09/24
Annual Earnings2019/12/26


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.