Financials IMAX Corporation

Equities

IMAX

CA45245E1097

Entertainment Production

Delayed Nyse 01:00:01 2024-07-03 pm EDT 5-day change 1st Jan Change
16.61 USD -2.01% Intraday chart for IMAX Corporation -1.95% +10.59%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,252 1,061 1,054 820.6 816.8 892 - -
Enterprise Value (EV) 1 1,161 1,049 1,090 986.2 992.6 1,072 1,018 1,063
P/E ratio 26.9 x -7.42 x -46.9 x -36.7 x 32.7 x 30.2 x 18.8 x 17.3 x
Yield - - - - - - - -
Capitalization / Revenue 3.16 x 7.74 x 4.14 x 2.73 x 2.18 x 2.35 x 2.15 x 2.06 x
EV / Revenue 2.93 x 7.66 x 4.28 x 3.28 x 2.65 x 2.82 x 2.46 x 2.46 x
EV / EBITDA 7.77 x -80.1 x 15.9 x 11.7 x 7.75 x 7.95 x 6.75 x 6.62 x
EV / FCF 27.3 x -34.5 x -143 x - 19 x 33.2 x 20.7 x 8.19 x
FCF Yield 3.66% -2.89% -0.7% - 5.25% 3.01% 4.83% 12.2%
Price to Book 2.28 x 2.76 x 2.96 x 3.01 x 3.02 x 2.63 x 2.08 x 1.49 x
Nbr of stocks (in thousands) 61,291 58,861 59,082 55,973 54,377 52,625 - -
Reference price 2 20.43 18.02 17.84 14.66 15.02 16.95 16.95 16.95
Announcement Date 2/19/20 3/4/21 2/23/22 2/22/23 2/27/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 395.7 137 254.9 300.8 374.8 380 414.5 432.4
EBITDA 1 149.3 -13.1 68.64 84.46 128.2 134.9 150.8 160.5
EBIT 1 77.28 -121.8 10.98 -4.834 50.4 65.11 80.56 88.11
Operating Margin 19.53% -88.92% 4.31% -1.61% 13.45% 17.13% 19.44% 20.38%
Earnings before Tax (EBT) 1 75.34 -129.1 10.99 -9.769 46.12 58.87 75.81 82.68
Net income 1 46.87 -143.8 -22.33 -22.8 25.34 38.01 51.71 57.03
Net margin 11.84% -104.94% -8.76% -7.58% 6.76% 10% 12.48% 13.19%
EPS 2 0.7600 -2.430 -0.3800 -0.4000 0.4600 0.5620 0.9000 0.9800
Free Cash Flow 1 42.47 -30.36 -7.619 - 52.12 32.31 49.14 129.8
FCF margin 10.73% -22.16% -2.99% - 13.91% 8.5% 11.86% 30.01%
FCF Conversion (EBITDA) 28.44% - - - 40.67% 23.95% 32.59% 80.87%
FCF Conversion (Net income) 90.61% - - - 205.74% 84.98% 95.03% 227.53%
Dividend per Share 2 - - - - - - - -
Announcement Date 2/19/20 3/4/21 2/23/22 2/22/23 2/27/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 108.6 60.04 73.97 68.76 98.05 86.95 97.98 103.9 86.02 79.12 79.43 99.12 123.3 85.32 87.17
EBITDA 1 44.01 14.81 25.42 16.46 27.78 27.28 32.78 45.08 23.02 28.12 23.27 35.27 47.85 31.13 29.35
EBIT 1 25.63 -8.032 -0.101 -4.238 -7.537 11.4 14.23 22.03 2.739 12.07 6.359 18.03 28.88 14.5 13.21
Operating Margin 23.61% -13.38% -0.14% -6.16% -7.69% 13.11% 14.52% 21.21% 3.18% 15.25% 8.01% 18.18% 23.43% 17% 15.15%
Earnings before Tax (EBT) 1 24.53 -9.34 -1.118 -5.409 6.098 10.01 13.07 21.57 1.461 10.58 4.325 16.15 28.17 13.27 11.1
Net income 1 10.1 -13.61 -2.851 -8.953 2.613 2.454 8.351 11.99 2.54 3.274 0.812 10.03 21.24 6.487 5.434
Net margin 9.3% -22.67% -3.85% -13.02% 2.67% 2.82% 8.52% 11.54% 2.95% 4.14% 1.02% 10.12% 17.23% 7.6% 6.23%
EPS 2 0.1700 -0.2300 -0.0500 -0.1600 0.0500 0.0400 0.1500 0.2200 0.0500 0.0600 0.0217 0.1783 0.3360 0.1300 0.1000
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 2/23/22 4/28/22 7/28/22 10/31/22 2/22/23 4/27/23 7/26/23 10/25/23 2/27/24 4/25/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 36.4 166 176 180 126 171
Net Cash position 1 91.3 11.7 - - - - - -
Leverage (Debt/EBITDA) - - 0.5303 x 1.961 x 1.372 x 1.333 x 0.8358 x 1.063 x
Free Cash Flow 1 42.5 -30.4 -7.62 - 52.1 32.3 49.1 130
ROE (net income / shareholders' equity) 12.2% -24% -2.25% 1.04% 19.4% 21.1% 20.7% 18.4%
ROA (Net income/ Total Assets) 5.32% -15.2% -2.37% -2.68% 6.37% 4.98% 6.47% -
Assets 1 881.3 943.4 940.5 852.2 397.9 764.1 799 -
Book Value Per Share 2 8.950 6.540 6.020 4.860 4.970 6.430 8.160 11.40
Cash Flow per Share 2 2.220 -0.3300 1.200 1.450 2.200 1.820 2.530 2.680
Capex 1 7.42 0.7 3.59 8.42 6.49 9.48 11.4 9.49
Capex / Sales 1.88% 0.51% 1.41% 2.8% 1.73% 2.5% 2.74% 2.19%
Announcement Date 2/19/20 3/4/21 2/23/22 2/22/23 2/27/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
16.95 USD
Average target price
22.25 USD
Spread / Average Target
+31.27%
Consensus
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  4. Financials IMAX Corporation