IMAX Relative Valuation - Imax Corp - Alpha Spread

Imax Corp
NYSE:IMAX

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Imax Corp
NYSE:IMAX
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Price: 20.29 USD -0.15% Market Closed
Market Cap: 1.1B USD
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Relative Value

The Relative Value of one IMAX stock under the Base Case scenario is 27.78 USD. Compared to the current market price of 20.29 USD, Imax Corp is Undervalued by 27%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

IMAX Relative Value
Base Case
27.78 USD
Undervaluation 27%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
58
vs Industry
29
Median 3Y
3
Median 5Y
3.2
Industry
1.5
Forward
2.7
vs History
7
vs Industry
13
Median 3Y
-21.7
Median 5Y
-10.4
Industry
17.6
Forward
18.9
vs History
46
vs Industry
10
Median 3Y
24.8
Median 5Y
15.3
Industry
11.5
vs History
36
vs Industry
21
Median 3Y
17
Median 5Y
13.8
Industry
15.7
vs History
4
vs Industry
18
Median 3Y
3.3
Median 5Y
3.1
Industry
1.7
vs History
42
vs Industry
24
Median 3Y
3.5
Median 5Y
3.4
Industry
1.5
Forward
3.2
vs History
46
vs Industry
28
Median 3Y
6.4
Median 5Y
6.4
Industry
3.3
vs History
47
vs Industry
27
Median 3Y
13.1
Median 5Y
11.2
Industry
9
Forward
8.9
vs History
36
vs Industry
17
Median 3Y
34.4
Median 5Y
19
Industry
12.5
Forward
20.5
vs History
46
vs Industry
8
Median 3Y
28.6
Median 5Y
18.3
Industry
10.8
vs History
39
vs Industry
4
Median 3Y
32.6
Median 5Y
20.3
Industry
13.8
vs History
15
vs Industry
35
Median 3Y
1.6
Median 5Y
1.6
Industry
1.4

Multiples Across Competitors

IMAX Competitors Multiples
Imax Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Imax Corp
NYSE:IMAX
1.1B USD 3 50 11.7 29.4
US
Netflix Inc
NASDAQ:NFLX
300.9B USD 8.3 42.4 12.9 35.4
JP
Amana inc
TSE:2402
37.6T JPY 3 010.6 -11 567.4 -56 771.3 -36 543.3
US
Incapta Inc
OTC:INCT
216.6B USD 64 655 465.2 -103 535.8 -85 393.1 -85 331.5
US
Walt Disney Co
NYSE:DIS
174.2B USD 1.9 36.5 12.7 18.5
LU
Spotify Technology SA
NYSE:SPOT
73.3B USD 4.5 141 119 158.8
NL
Universal Music Group NV
VSE:UMG
42.2B EUR 3.7 27.3 27.9 27.9
US
Live Nation Entertainment Inc
NYSE:LYV
23.8B USD 1 93.1 12.7 18.2
US
Warner Bros Discovery Inc
NASDAQ:WBD
20.2B USD 0.5 -1.7 2.5 -227.4
FR
Bollore SE
PAR:BOL
16.8B EUR 0.9 4.3 7.9 25.4
CN
Tencent Music Entertainment Group
NYSE:TME
17B USD 4.4 21.5 19.5 19.5
P/E Multiple
Earnings Growth
CA
Imax Corp
NYSE:IMAX
Average P/E: 52
50
172%
US
Netflix Inc
NASDAQ:NFLX
42.4
122%
JP
Amana inc
TSE:2402
Negative Multiple: -11 567.4 N/A
US
Incapta Inc
OTC:INCT
Negative Multiple: -103 535.8 N/A
US
Walt Disney Co
NYSE:DIS
36.5
355%
LU
Spotify Technology SA
NYSE:SPOT
141
N/A
NL
U
Universal Music Group NV
VSE:UMG
27.3
72%
US
Live Nation Entertainment Inc
NYSE:LYV
93.1
116%
US
Warner Bros Discovery Inc
NASDAQ:WBD
Negative Multiple: -1.7 N/A
FR
Bollore SE
PAR:BOL
4.3
106%
CN
Tencent Music Entertainment Group
NYSE:TME
21.5
116%
EV/EBIT Multiple
EBIT Growth
CA
Imax Corp
NYSE:IMAX
Average EV/EBIT: 41.6
29.4
49%
US
Netflix Inc
NASDAQ:NFLX
35.4
110%
JP
Amana inc
TSE:2402
Negative Multiple: -36 543.3 N/A
US
Incapta Inc
OTC:INCT
Negative Multiple: -85 331.5 N/A
US
Walt Disney Co
NYSE:DIS
18.5
103%
LU
Spotify Technology SA
NYSE:SPOT
158.8
N/A
NL
U
Universal Music Group NV
VSE:UMG
27.9
88%
US
Live Nation Entertainment Inc
NYSE:LYV
18.2
59%
US
Warner Bros Discovery Inc
NASDAQ:WBD
Negative Multiple: -227.4 N/A
FR
Bollore SE
PAR:BOL
25.4
203%
CN
Tencent Music Entertainment Group
NYSE:TME
19.5
142%

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