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 2,808 - -
Change - -22.15% -0.47% 65.13% 47.43% 41.24% - -
Enterprise Value (EV) 1 1,090 986.2 992.6 1,514 2,116 2,861 2,743 2,612
Change - -9.56% 0.65% 52.56% 39.72% 35.23% -4.14% -4.78%
P/E -46.9x -36.7x 32.7x 53.3x 58.7x 40.1x 32.7x 29.9x
PBR 2.96x 3.01x 3.02x 4.53x 5.9x 5.96x 4.68x 3.73x
PEG - -6.97x -0x 12.26x 1.9x 0x 1.4x 3.23x
Capitalization / Revenue 4.14x 2.73x 2.18x 3.83x 4.85x 6.32x 5.95x 5.62x
EV / Revenue 4.28x 3.28x 2.65x 4.3x 5.16x 6.44x 5.81x 5.23x
EV / EBITDA 15.9x 11.7x 7.75x 12.1x 12.8x 14.5x 12.8x 11.3x
EV / EBIT 99.3x -204x 19.7x 34.5x 25.1x 24.9x 20.3x 16.9x
EV / FCF -143x - 19x 24.3x 17.8x 25.8x 21.4x 15.3x
FCF Yield -0.7% - 5.25% 4.12% 5.62% 3.88% 4.67% 6.55%
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 84.46 128.2 124.7 165.8 196.8 214 231.5
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 51.21 51.21 51.21
Nbr of stocks (in thousands) 59,082 55,973 54,377 52,683 53,799 54,842 - -
Announcement Date 23/02/22 22/02/23 27/02/24 19/02/25 25/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
40.72x3.08x7.81x1.65% 13.85B
18.46x2.41x10.2x2.92% 13.82B
33.41x1.91x16.09x2.32% 12.24B
26.25x4.91x15.27x1.56% 3.84B
15.95x1.05x8.68x1.97% 3.58B
40.06x6.44x14.54x-.--% 2.81B
23.07x1.32x6.26x0.32% 2.41B
Average 28.28x 3.02x 11.27x 1.54% 7.51B
Weighted average by Cap. 29.58x 2.73x 11.26x 2.01%

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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