IMAX CORP (IMAX) Stock Fundamental Analysis
USA - NYSE:IMAX - CA45245E1097 - Common Stock
35.17 USD
+0.17 (+0.49%)
35.17 USD
0 (0%)
Overall IMAX gets a fundamental rating of 6 out of 10. We evaluated IMAX against 79 industry peers in the Entertainment industry. IMAX is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. IMAX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
IMAX had positive earnings in the past year.
In the past year IMAX had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: IMAX reported negative net income in multiple years.
Of the past 5 years IMAX 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.45%, IMAX is in the better half of the industry, outperforming 78.48% of the companies in the same industry.
IMAX has a Return On Equity of 11.31%. This is in the better half of the industry: IMAX outperforms 79.75% of its industry peers.
IMAX has a Return On Invested Capital of 7.73%. This is in the better half of the industry: IMAX outperforms 79.75% of its industry peers.
The Average Return On Invested Capital over the past 3 years for IMAX is significantly below the industry average of 9.82%.
The 3 year average ROIC (4.23%) for IMAX is below the current ROIC(7.73%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.45% | ||
| ROE | 11.31% | ||
| ROIC | 7.73% |
ROA(3y)1.16%
ROA(5y)-2.69%
ROE(3y)3.11%
ROE(5y)-6.85%
ROIC(3y)4.23%
ROIC(5y)N/A
1.3 Margins
IMAX has a better Profit Margin (10.47%) than 83.54% of its industry peers.
In the last couple of years the Profit Margin of IMAX has declined.
With an excellent Operating Margin value of 19.91%, IMAX belongs to the best of the industry, outperforming 91.14% of the companies in the same industry.
In the last couple of years the Operating Margin of IMAX has declined.
With a decent Gross Margin value of 58.89%, IMAX is doing good in the industry, outperforming 67.09% of the companies in the same industry.
IMAX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.91% | ||
| PM (TTM) | 10.47% | ||
| GM | 58.89% |
OM growth 3Y86.93%
OM growth 5Y-7.23%
PM growth 3YN/A
PM growth 5Y-8.99%
GM growth 3Y0.8%
GM growth 5Y-0.05%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), IMAX is creating some value.
The number of shares outstanding for IMAX has been reduced compared to 1 year ago.
Compared to 5 years ago, IMAX has less shares outstanding
IMAX has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.66 indicates that IMAX is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of IMAX (2.66) is better than 72.15% of its industry peers.
IMAX has a debt to FCF ratio of 2.85. This is a good value and a sign of high solvency as IMAX would need 2.85 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 2.85, IMAX is doing good in the industry, outperforming 77.22% of the companies in the same industry.
IMAX has a Debt/Equity ratio of 0.74. This is a neutral value indicating IMAX is somewhat dependend on debt financing.
IMAX's Debt to Equity ratio of 0.74 is on the low side compared to the rest of the industry. IMAX is outperformed by 62.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 2.85 | ||
| Altman-Z | 2.66 |
ROIC/WACC1.08
WACC7.13%
2.3 Liquidity
IMAX has a Current Ratio of 2.47. This indicates that IMAX is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.47, IMAX belongs to the best of the industry, outperforming 81.01% of the companies in the same industry.
IMAX has a Quick Ratio of 2.12. This indicates that IMAX is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.12, IMAX belongs to the top of the industry, outperforming 81.01% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.47 | ||
| Quick Ratio | 2.12 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 32.94% over the past year.
Measured over the past years, IMAX shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.17% on average per year.
IMAX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.30%.
Measured over the past years, IMAX shows a decrease in Revenue. The Revenue has been decreasing by -2.30% on average per year.
EPS 1Y (TTM)32.94%
EPS 3YN/A
EPS 5Y-2.17%
EPS Q2Q%34.29%
Revenue 1Y (TTM)9.3%
Revenue growth 3Y11.38%
Revenue growth 5Y-2.3%
Sales Q2Q%16.62%
3.2 Future
Based on estimates for the next years, IMAX will show a very strong growth in Earnings Per Share. The EPS will grow by 20.13% on average per year.
IMAX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.43% yearly.
EPS Next Y43.78%
EPS Next 2Y28.33%
EPS Next 3Y19.57%
EPS Next 5Y20.13%
Revenue Next Year11.85%
Revenue Next 2Y8.98%
Revenue Next 3Y7.56%
Revenue Next 5Y6.43%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 31.12, the valuation of IMAX can be described as expensive.
Based on the Price/Earnings ratio, IMAX is valued a bit cheaper than the industry average as 77.22% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.56. IMAX is valued slightly more expensive when compared to this.
A Price/Forward Earnings ratio of 22.48 indicates a rather expensive valuation of IMAX.
Based on the Price/Forward Earnings ratio, IMAX is valued a bit cheaper than the industry average as 77.22% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of IMAX to the average of the S&P500 Index (34.62), we can say IMAX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.12 | ||
| Fwd PE | 22.48 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IMAX is valued a bit cheaper than the industry average as 67.09% of the companies are valued more expensively.
81.01% of the companies in the same industry are more expensive than IMAX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.96 | ||
| EV/EBITDA | 14.71 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
IMAX has a very decent profitability rating, which may justify a higher PE ratio.
IMAX's earnings are expected to grow with 19.57% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.71
PEG (5Y)N/A
EPS Next 2Y28.33%
EPS Next 3Y19.57%
5. Dividend
5.1 Amount
IMAX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
35.17
+0.17 (+0.49%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)
Earnings (Next)
Inst Owners90.65%
Inst Owner Change2.63%
Ins Owners19.38%
Ins Owner Change-1.18%
Market Cap1.89B
Revenue(TTM)377.68M
Net Income(TTM)39.55M
Analysts80
Price Target38.42 (9.24%)
Short Float %13.98%
Short Ratio6.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.48%
Min EPS beat(2)20.24%
Max EPS beat(2)20.72%
EPS beat(4)3
Avg EPS beat(4)11.61%
Min EPS beat(4)-6.42%
Max EPS beat(4)20.72%
EPS beat(8)7
Avg EPS beat(8)65.63%
EPS beat(12)10
Avg EPS beat(12)54.13%
EPS beat(16)11
Avg EPS beat(16)15.31%
Revenue beat(2)0
Avg Revenue beat(2)-1.01%
Min Revenue beat(2)-1.46%
Max Revenue beat(2)-0.56%
Revenue beat(4)1
Avg Revenue beat(4)-3.09%
Min Revenue beat(4)-11.37%
Max Revenue beat(4)1.04%
Revenue beat(8)2
Avg Revenue beat(8)-0.56%
Revenue beat(12)6
Avg Revenue beat(12)1.35%
Revenue beat(16)7
Avg Revenue beat(16)2.11%
PT rev (1m)8.75%
PT rev (3m)12.29%
EPS NQ rev (1m)-8.19%
EPS NQ rev (3m)-9.48%
EPS NY rev (1m)8.13%
EPS NY rev (3m)17.14%
Revenue NQ rev (1m)-2.58%
Revenue NQ rev (3m)-4.72%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)0.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.12 | ||
| Fwd PE | 22.48 | ||
| P/S | 5.01 | ||
| P/FCF | 20.96 | ||
| P/OCF | 17.32 | ||
| P/B | 5.41 | ||
| P/tB | 7.53 | ||
| EV/EBITDA | 14.71 |
EPS(TTM)1.13
EY3.21%
EPS(NY)1.56
Fwd EY4.45%
FCF(TTM)1.68
FCFY4.77%
OCF(TTM)2.03
OCFY5.77%
SpS7.02
BVpS6.5
TBVpS4.67
PEG (NY)0.71
PEG (5Y)N/A
Graham Number12.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.45% | ||
| ROE | 11.31% | ||
| ROCE | 9.75% | ||
| ROIC | 7.73% | ||
| ROICexc | 9.49% | ||
| ROICexgc | 14.13% | ||
| OM | 19.91% | ||
| PM (TTM) | 10.47% | ||
| GM | 58.89% | ||
| FCFM | 23.9% |
ROA(3y)1.16%
ROA(5y)-2.69%
ROE(3y)3.11%
ROE(5y)-6.85%
ROIC(3y)4.23%
ROIC(5y)N/A
ROICexc(3y)4.84%
ROICexc(5y)N/A
ROICexgc(3y)7.01%
ROICexgc(5y)N/A
ROCE(3y)5.33%
ROCE(5y)N/A
ROICexgc growth 3Y113.18%
ROICexgc growth 5Y-5.75%
ROICexc growth 3Y103.14%
ROICexc growth 5Y-8.28%
OM growth 3Y86.93%
OM growth 5Y-7.23%
PM growth 3YN/A
PM growth 5Y-8.99%
GM growth 3Y0.8%
GM growth 5Y-0.05%
F-Score8
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 2.85 | ||
| Debt/EBITDA | 1.9 | ||
| Cap/Depr | 31.29% | ||
| Cap/Sales | 5.01% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.47% | ||
| Profit Quality | 228.24% | ||
| Current Ratio | 2.47 | ||
| Quick Ratio | 2.12 | ||
| Altman-Z | 2.66 |
F-Score8
WACC7.13%
ROIC/WACC1.08
Cap/Depr(3y)25.16%
Cap/Depr(5y)18.94%
Cap/Sales(3y)4.33%
Cap/Sales(5y)3.58%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)32.94%
EPS 3YN/A
EPS 5Y-2.17%
EPS Q2Q%34.29%
EPS Next Y43.78%
EPS Next 2Y28.33%
EPS Next 3Y19.57%
EPS Next 5Y20.13%
Revenue 1Y (TTM)9.3%
Revenue growth 3Y11.38%
Revenue growth 5Y-2.3%
Sales Q2Q%16.62%
Revenue Next Year11.85%
Revenue Next 2Y8.98%
Revenue Next 3Y7.56%
Revenue Next 5Y6.43%
EBIT growth 1Y94.17%
EBIT growth 3Y108.21%
EBIT growth 5Y-9.36%
EBIT Next Year247.81%
EBIT Next 3Y56.91%
EBIT Next 5Y34.08%
FCF growth 1Y52.72%
FCF growth 3YN/A
FCF growth 5Y-7.57%
OCF growth 1Y52.91%
OCF growth 3Y126.45%
OCF growth 5Y-4.76%
IMAX CORP / IMAX FAQ
What is the fundamental rating for IMAX stock?
ChartMill assigns a fundamental rating of 6 / 10 to IMAX.
What is the valuation status for IMAX stock?
ChartMill assigns a valuation rating of 6 / 10 to IMAX CORP (IMAX). This can be considered as Fairly Valued.
What is the profitability of IMAX stock?
IMAX CORP (IMAX) has a profitability rating of 6 / 10.
What is the valuation of IMAX CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for IMAX CORP (IMAX) is 31.12 and the Price/Book (PB) ratio is 5.41.
What is the expected EPS growth for IMAX CORP (IMAX) stock?
The Earnings per Share (EPS) of IMAX CORP (IMAX) is expected to grow by 43.78% in the next year.