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 2,379 - -
Change - -22.15% -0.47% 65.13% 47.43% 19.65% - -
Enterprise Value (EV) 1 1,090 986.2 992.6 1,514 2,116 2,432 2,313 2,182
Change - -9.56% 0.65% 52.56% 39.72% 14.93% -4.87% -5.67%
P/E -46.9x -36.7x 32.7x 53.3x 58.7x 33.9x 27.7x 25.3x
PBR 2.96x 3.01x 3.02x 4.53x 5.9x 5.05x 3.96x 3.16x
PEG - -6.97x -0x 12.26x 1.9x 0x 1.2x 2.74x
Capitalization / Revenue 4.14x 2.73x 2.18x 3.83x 4.85x 5.36x 5.04x 4.76x
EV / Revenue 4.28x 3.28x 2.65x 4.3x 5.16x 5.47x 4.9x 4.37x
EV / EBITDA 15.9x 11.7x 7.75x 12.1x 12.8x 12.5x 10.8x 9.43x
EV / EBIT 99.3x -204x 19.7x 34.5x 25.1x 21.1x 17.1x 14.2x
EV / FCF -143x - 19x 24.3x 17.8x 21.9x 18.1x 12.8x
FCF Yield -0.7% - 5.25% 4.12% 5.62% 4.56% 5.53% 7.84%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.38 -0.4 0.46 0.48 0.63 1.278 1.568 1.713
Distribution rate - - - - - - - -
Net sales 1 254.9 300.8 374.8 352.2 410.2 444.2 471.7 499.4
EBITDA 1 68.64 84.46 128.2 124.7 165.8 194.6 214 231.5
EBIT 1 10.98 -4.834 50.4 43.86 84.23 115.1 135.4 154.2
Net income 1 -22.33 -22.8 25.34 26.06 34.88 73.74 88.28 93.96
Net Debt 1 36.4 165.6 175.9 165.7 127.4 52.73 -65.66 -196.8
Reference price 2 17.84 14.66 15.02 25.60 36.96 43.38 43.38 43.38
Nbr of stocks (in thousands) 59,082 55,973 54,377 52,683 53,799 54,842 - -
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.($)
33.93x5.47x12.5x-.--% 2.38B
19.1x2.45x10.43x2.93% 13.85B
40.37x3.01x7.6x1.69% 13.35B
34.79x2.06x17.33x2.23% 12.57B
24.41x4.39x14.1x1.68% 3.38B
14.35x0.92x7.71x2.2% 3.12B
22.04x1.22x6.11x0.34% 2.25B
26.41x11.1x36.56x2.46% 2.15B
Average 26.93x 3.83x 14.04x 1.69% 6.63B
Weighted average by Cap. 29.32x 2.97x 12.40x 2.07%

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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