Company Valuation: IMAX Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,054 820.6 816.8 1,349 1,988 2,193 - -
Change - -22.15% -0.47% 65.13% 47.43% 10.29% - -
Enterprise Value (EV) 1 1,090 986.2 992.6 1,514 2,116 2,245 2,131 1,999
Change - -9.56% 0.65% 52.56% 39.72% 6.13% -5.09% -6.21%
P/E -46.9x -36.7x 32.7x 53.3x 58.7x 32.1x 26.5x 24.8x
PBR 2.96x 3.01x 3.02x 4.53x 5.9x 4.65x 3.66x 2.92x
PEG - -6.97x -0x 12.26x 1.9x 0.3x 1.2x 3.66x
Capitalization / Revenue 4.14x 2.73x 2.18x 3.83x 4.85x 4.97x 4.64x 4.37x
EV / Revenue 4.28x 3.28x 2.65x 4.3x 5.16x 5.09x 4.51x 3.98x
EV / EBITDA 15.9x 11.7x 7.75x 12.1x 12.8x 11.7x 10x 8.72x
EV / EBIT 99.3x -204x 19.7x 34.5x 25.1x 19.7x 15.7x 12.9x
EV / FCF -143x - 19x 24.3x 17.8x 24x 17.1x 14.6x
FCF Yield -0.7% - 5.25% 4.12% 5.62% 4.16% 5.85% 6.85%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.38 -0.4 0.46 0.48 0.63 1.257 1.523 1.627
Distribution rate - - - - - - - -
Net sales 1 254.9 300.8 374.8 352.2 410.2 440.9 472.8 502
EBITDA 1 68.64 84.46 128.2 124.7 165.8 191.1 212.3 229.3
EBIT 1 10.98 -4.834 50.4 43.86 84.23 114.2 136.2 155.5
Net income 1 -22.33 -22.8 25.34 26.06 34.88 73.29 89.2 88.7
Net Debt 1 36.4 165.6 175.9 165.7 127.4 52.52 -61.73 -194
Reference price 2 17.84 14.66 15.02 25.60 36.96 40.40 40.40 40.40
Nbr of stocks (in thousands) 59,082 55,973 54,377 52,683 53,799 55,016 - -
Announcement Date 2/23/22 2/22/23 2/27/24 2/19/25 2/25/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.72x5.09x11.75x-.--% 2.19B
44.86x3.35x8.43x1.53% 15.09B
19.04x2.48x10.46x2.87% 14.12B
36.09x2.48x23.26x2.16% 13.02B
21.94x3.83x12.32x1.87% 3.06B
12.5x0.79x6.66x2.52% 2.75B
30.18x11.94x39.32x2.16% 2.46B
17.91x1.49x6.84x0.3% 2.22B
8.07x0.58x3.43x5.02% 1.91B
Average 24.70x 3.56x 13.61x 2.05% 6.31B
Weighted average by Cap. 30.20x 3.11x 13.69x 2.11%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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