IMAX : NYSE : Services
$29.58 up 0.18 | 0.60%
Today's Range: 29.23 - 29.58
Avg. Daily Volume: 783,200
09/27/16 - 3:59 PM ET

Financial Analysis


IMAX CORP's gross profit margin for the second quarter of its fiscal year 2016 has decreased when compared to the same period a year ago. Sales and net income have dropped, underperforming the average competitor within its industry.

At the same time, stockholders' equity ("net worth") has greatly increased by 31.31% from the same quarter last year.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q2 FY16 Q2 FY15
Net Sales ($mil)91.74107.16
EBITDA ($mil)22.8242.85
EBIT ($mil)15.6636.88
Net Income ($mil)7.7924.35


Balance Sheet Q2 FY16 Q2 FY15
Cash & Equiv. ($mil)228.08146.38
Total Assets ($mil)866.74727.12
Total Debt ($mil)28.322.28
Equity ($mil)568.95433.28


Profitability Q2 FY16 Q2 FY15
Gross Profit Margin62.0469.58
EBITDA Margin24.8739.98
Operating Margin17.0734.41
Sales Turnover0.450.46
Return on Assets5.586.95
Return on Equity8.5111.67
Debt Q2 FY16 Q2 FY15
Current Ratio0.00.0
Debt/Capital0.050.05
Interest Expense0.460.4
Interest Coverage34.1991.51


Share Data Q2 FY16 Q2 FY15
Shares outstanding (mil)67.1170.15
Div / share0.00.0
EPS0.110.34
Book value / share8.486.18
Institutional Own % n/a n/a
Avg Daily Volume790589.0664913.0

Valuation


BUY. IMAX CORP's P/E ratio indicates a significant premium compared to an average of 22.94 for the Media industry and a significant premium compared to the S&P 500 average of 25.19. For additional comparison, its price-to-book ratio of 3.47 indicates a premium versus the S&P 500 average of 2.82 and a premium versus the industry average of 3.20. The price-to-sales ratio is well above the S&P 500 average, but well below the industry average. After reviewing these and other key valuation criteria, IMAX CORP proves to trade at a premium to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
IMAX 42.58 Peers 22.94   IMAX 19.92 Peers 11.47

Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations.

IMAX is trading at a significant premium to its peers.

 

Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

IMAX is trading at a significant premium to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
IMAX 23.13 Peers 23.61   IMAX 2.89 Peers 1.19

Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.

IMAX is trading at a significant premium to its peers.

 

Premium. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

IMAX trades at a significant premium to its peers.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
IMAX 3.47 Peers 3.20   IMAX -2.82 Peers 15.62

Average. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

IMAX is trading at a valuation on par with its peers.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, IMAX is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
IMAX 5.08 Peers 6.85   IMAX 16.75 Peers 12.04

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

IMAX is trading at a significant discount to its industry on this measurement.

 

Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.

IMAX has a sales growth rate that significantly exceeds its peers.

 

 

Latest Stock Upgrades/Downgrades