National CineMedia, Inc. logo NCMI - National CineMedia, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 6
HOLD 11
SELL 0
STRONG
SELL
0
| PRICE TARGET: $4.63 DETAILS
HIGH: $5.00
LOW: $4.25
MEDIAN: $4.62
CONSENSUS: $4.63
UPSIDE: 86.69%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005
Revenue
Revenue 243.2 240.8 165.2 249.2 114.6 90.4 444.8 441.4 426.1 447.6 446.5 394 462.8 448.8 435.4 427.5 380.7 369.5 331.9 219.3 221.6
Cost of Revenue 169.4 168 80.1 117.9 76.9 43.5 134.5 132.4 32.4 122.2 30.8 115.3 143.3 144.6 132.7 126.7 83.3 110.6 47.7 169.9 70.1
Gross Profit 73.8 72.8 85.1 131.3 37.7 46.9 310.3 309 393.7 325.4 415.7 278.7 319.5 304.2 302.7 300.8 260.3 258.9 284.2 49.4 151.5
Operating Expenses
R&D Expenses 0 3.3 0 0 1.7 0 0 1.7 3.6 3.4 1.5 1.7 0 0 0 0 1.6 0 0 0 0
SG&A Expenses 87.7 92.3 86.9 87.1 70.7 68.5 108.7 114.8 109.9 113 110.9 87.1 90.9 92 90.2 92.4 76.5 72.8 60.1 54.6 47
Other Expenses 0 (3.3) 25.5 37.3 33.9 39.4 40.3 38.2 0.3 36 (0.2) 38.2 26.6 20.4 18.8 17.8 14 12.4 64.8 0.6 0.3
Operating Expenses 87.7 92.3 112.4 124.4 106.3 107.9 149 154.7 239.8 152.4 233.4 127 117.5 112.4 109 110.2 92.1 85.2 124.9 55.2 47.3
Operating Income
Operating Income (13.9) (19.5) (27.3) 6.9 (68.6) (61) 161.3 154.3 153.9 173 148 151.7 202 191.8 193.7 190.6 168.2 173.2 159.3 (5.8) 104.2
Interest Expense 0.6 1.7 27.9 79.7 64.8 55.8 58 55.4 52.8 54 71.6 67.2 65.5 66.7 38.3 39.5 58.9 63.8 57.3 0.5 67.7
Interest Income 1.4 2.4 0 0 0 0.6 2.1 1.5 1.2 1.5 1.6 1.8 0.4 0.4 0.3 0.2 2.4 1 0 0 0
Profitability
EBITDA 27.9 22 750.1 45 (18) 129.4 197.4 199 385.2 198.9 180 191.6 228.6 212.2 212.5 208.4 193.2 198.1 169.7 (1) 108.5
EBIT (10) (20.4) 724.6 13.5 (53.6) 91.7 157.1 159.1 347.6 162.9 150.7 159.2 202 191.8 193.7 190.6 177.6 148.5 159.3 (5.8) 104.2
Income Before Tax (10.6) (22.1) 696.7 (66.2) (118.4) 35.9 99.1 103.7 185.3 108.9 81.5 75.5 150 92 120 125.9 117.9 84.7 100.1 (10.5) 28
Income Tax Expense 0 0.2 0 0 0 162.2 12.4 23.5 127.5 14.4 17.8 9.9 20.2 26.7 19.4 16.8 16.6 35 41.9 0 11.2
Net Income (10.6) (22.3) 705.2 (28.7) (48.7) (65.4) 36.1 29.8 1.6 32.9 15.4 13.4 41.2 13.4 31.5 29.2 26.1 15.9 24.8 (10.5) 6.7
Per Share Data
EPS (Basic) -0.11 -0.23 14.73 -3.49 -6.10 -8.40 4.60 3.88 0.23 5.40 2.60 2.30 7.40 2.40 5.80 6.30 6.20 0.20 5.90 -2.50 1.60
EPS (Diluted) -0.11 -0.23 14.52 -3.49 -6.10 -8.39 4.60 3.68 0.24 5.40 2.60 2.30 7.30 2.40 5.80 6.20 6.20 0.20 5.90 -1.12 1.60
Shares Outstanding 94.2 95.9 47.9 8.2 8.0 7.8 7.8 8.1 7.1 6.1 5.9 5.9 5.6 5.5 5.4 4.6 4.2 4.2 4.2 4.2 4.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005
Current Assets
Cash & Cash Equivalents 75.1 75.1 34.6 63.8 101.2 180.3 55.9 41.4 30.2 23 31.7 13.4 54.7 72.4 65.9 74.4 91.1 69.2 20.8 6.7 104.5
Short-Term Investments 0 0.1 0 0.7 0.3 0.3 17.5 24 13.1 26.1 13.2 21.7 71.3 34.2 14.2 8.5 0 0 9.1 0 0
Net Receivables 85.3 85.3 96.6 92 53 14.3 177.4 161.6 165 168.5 155.6 115.1 132.2 106.8 98.6 100.7 89.3 95.8 94.9 63.9 36.6
Inventory 0 0 0 0 0 0 0 (10.2) 0 (16.5) (31.5) (45.5) 0 0 1.8 (3.9) (3) 1.6 0 0 0
Other Current Assets 17.5 17.4 8.4 7.9 3.9 1.9 3.5 10.2 0 16.9 31.8 64.1 4.2 4.9 1.7 7.8 6 (0.8) 0.4 0 1
Total Current Assets 177.9 177.9 143.8 164.4 158.4 199.9 254.3 230.9 212.6 221.1 203.6 172.4 265.5 220.7 184 189.2 185 167.4 127.1 72.2 142.1
Non-Current Assets
Property, Plant & Equipment 16.4 16.4 20.1 29.9 40.1 27.5 54.7 33.6 30.7 29.6 25.1 22.4 25.6 25.7 24.6 19.8 23.7 28 22.2 12.6 10
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 350.8 350.8 394.3 586.7 606.3 627.8 643.7 684.5 717.2 560.5 566.7 488.6 492 280.3 274.9 275.2 134.2 111.8 0 0 0
Long-Term Investments 3.8 3.8 0.7 1.2 1.8 2 8.5 13.2 19.7 26.2 45.9 48 1.1 18.3 18.2 6.7 7.4 0 0 0 0
Other Non-Current Assets 19.7 19.7 8.8 10.2 10.8 29 6.7 5.7 6.9 96 25.9 32.7 38.9 1.2 13.2 7.9 10.2 12 20.5 4.9 0.1
Total Non-Current Assets 390.7 390.7 423.9 628 659 686.3 875.7 910.9 935.5 921.4 874.5 819 801.8 589.8 636.2 665.3 443.2 442.2 336.5 17.8 11.2
Total Assets 568.6 568.6 567.7 792.4 817.4 886.2 1,130 1,141.8 1,434.7 1,142.5 1,073.7 991.4 1,067.3 810.5 820.2 854.5 628.2 609.6 463.6 90 153.3
Current Liabilities
Account Payables 23 23 21.7 25 16.3 13.7 20.7 18 19.3 17.4 14.9 13.3 20.5 15.7 14.3 37 11.7 11.3 6.6 5.4 5.1
Short-Term Debt 0 0 0 1,123.3 5.3 2.7 4.3 2.7 0 0 0 14 14 0 0 26.5 28.7 0 0 0 1.3
Deferred Revenue 23.6 23.6 0 10.2 12.6 0 7.6 7.3 7.1 10.3 10.2 10.9 4.7 5.7 5.8 3.8 2.8 3.6 3.3 3.4 0
Other Current Liabilities 26.9 8 16.4 36.3 27.7 13.6 73.1 67.2 72.2 80.7 81.5 3.8 4.4 4.2 34.7 0.2 758.5 32.3 29.2 53.9 31.1
Total Current Liabilities 73.5 73.5 58.4 1,203.1 69.8 50 119.5 110.5 109.7 120.6 125.2 107.2 131.5 91.1 115.6 111.9 803.3 71.7 59.9 74.6 39
Non-Current Liabilities
Long-Term Debt 22.5 10 10 0 1,094.3 1,049.6 923.9 920.9 923.3 924.3 925.4 892 876 879 794 775 799 799 784 10 735
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 48.3 50.1 54.2 61.9 59.3 57 68.1 53.3 54.1 55.4 0 0
Other Non-Current Liabilities 61.4 61.4 59.8 35.3 16.4 32.6 183.8 199.6 214.9 166 145.2 146.7 144 137.5 200.4 217.9 176.8 211.1 136.7 1.9 0
Total Non-Current Liabilities 83.9 83.9 74.8 53.3 1,131.1 1,104.8 1,131.7 1,120.5 1,138.2 1,138.6 1,120.7 1,092.9 1,081.9 1,075.8 1,051.4 1,061 318 1,064.2 976.1 11.9 735
Total Liabilities 157.4 157.4 133.2 1,256.4 1,200.9 1,154.8 1,251.2 1,231 1,247.9 1,259.2 1,245.4 1,200.1 1,213.4 1,166.9 1,167 1,172.9 1,121.3 1,135.9 1,036 86.5 774
Stockholders' Equity
Common Stock 2.5 2.5 2.6 1.3 0.8 0.8 0.8 0.8 0.8 0.6 0.6 0.6 0.6 0.5 0.5 0.5 0.4 0.4 0.4 0 0.4
Retained Earnings 280.9 280.9 316.6 (370.4) (332) (266.4) (171.1) (153.6) (130.2) (248.3) (186.1) (147.4) (80) (70.5) (34.9) (20.5) (14.5) (512) 24.8 0 0
Accumulated Other Comprehensive Income 0 0 0 0 0 (207.5) 0 (62.5) (70.4) (64.1) (64.1) (0.4) (3.2) (6.7) (17.3) (17.5) (11.8) (14.7) (16.5) 3.5 0
Total Stockholders' Equity 411.2 411.2 434.5 (515.3) (526.7) (473.1) (379.5) (368) (362.5) (358.2) (407) (208.7) (146.1) (439.1) (427.9) (410.8) (516.1) (526.3) (572.4) 3.5 (620.7)
Total Liabilities & Equity 568.6 568.6 567.7 792.4 817.4 886.2 1,130 1,141.8 1,434.7 1,142.5 1,073.7 991.4 1,067.3 810.5 820.2 854.5 628.2 609.6 463.6 90 153.3
Debt Metrics
Total Debt 22.5 24.2 16 1,141.3 1,120 1,076.7 952.2 923.6 923.3 924.3 925.4 892 890 879 794 973.9 803.3 799 784 10 736.3
Net Debt (52.6) (50.9) (18.6) 1,077.5 1,018.8 896.4 896.3 882.2 893.1 901.3 893.7 811.4 835.3 806.6 728.1 899.5 712.2 729.8 763.2 3.3 631.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005
Operating Activities
Net Income (10.6) (22.3) 705.2 (66.2) (118.4) (126.3) 86.7 80.2 58.7 87 63.7 65.6 129.8 65.3 100.6 109.1 101.3 15.9 24.8 (10.5) 6.7
Depreciation & Amortization 37.9 42.4 25.5 31.5 35.6 37.7 40.3 39.9 37.6 35.8 32.2 32.4 26.6 20.4 18.8 17.8 15.6 12.4 6.7 4.8 4.3
Stock-Based Compensation 9.3 12.2 4.5 7.1 8.1 2.2 5.5 7.8 11.2 18.3 14.8 7.7 5.9 9 11.8 14 5.5 3.9 6.1 6.1 0
Change in Working Capital (24.1) 21.9 11 (32) (18.8) 130.4 (17.5) (1.1) (18.1) (44.1) (37) (27.7) (26.8) (29.1) (8.6) (30) 8.4 11.6 (60.6) 7.9 (7)
Other Non-Cash Items (4.1) 6.1 (752.9) 12.3 (1.7) (151.1) 16.5 0.6 (79.4) 27.8 19.5 27.3 3 (17.5) 26.7 22.7 (5.8) 73.4 46 6.1 (6.9)
Operating Cash Flow 8.4 60.3 (6.7) (47.3) (95.2) 55.3 143.6 150.3 138.9 133.5 105.3 117.9 153.1 81.6 161.8 143.7 138.3 124.5 37.3 8.3 (2.9)
Investing Activities
Capital Expenditure (5.6) (5.8) (3.3) (2.9) (5.7) (8) (14) (14.3) (13.7) (15.2) (15.3) (11.7) (19) (17.6) (29.4) (10.1) (8.4) (16.6) (13.8) (6.3) (5.9)
Acquisitions 0 0 0.3 0 0 0 0 0.1 (0.2) (2.3) (2.7) (3) 8.9 7.2 15.9 3 (2) 0 0 0 0
Purchases of Investments (9.5) (1.1) 0 0 0 (8.2) (24.5) (36.8) (34.4) (54.7) (70.6) (116.8) (135) (60) (51.2) (10.7) 0 0 (7) 0 0
Sales/Maturities of Investments 0 0 1 0.3 0.3 31.8 34.5 32.2 51.2 62.8 83.1 120.8 98.1 58 27.5 2.2 0 9.1 0 0 0
Other Investing Activities (0.3) 1.2 34.6 2.2 0 0 5.6 2.7 5.6 5.1 6.9 7.2 (8.9) (7) (15.9) 0 0 0 (9.4) 0 0
Investing Cash Flow (15.4) (5.7) 32.6 (0.4) (5.4) 15.6 1.6 (16.1) 8.5 (4.3) 1.4 (3.5) (55.9) (19.4) (53.1) (15.6) (10.4) (7.5) (30.2) (6.3) (5.9)
Financing Activities
Net Debt Issuance 0.5 0 (0.8) 27 47.7 124.6 0.7 0.1 (3) (8.9) 44 2 11 71 8.7 (28.2) (3) 15 774 8.7 1.3
Stock Repurchased (22) (13.8) 0 (0.2) (2) (1) (1.3) (2.4) (4.7) (4.9) (1.4) (1.4) (1.7) (2.3) (0.3) (0.5) 0 (0.4) 0 0 0
Dividends Paid (11.4) (0.3) (0.5) (9.5) (16.9) (68.8) (125.5) (54.4) (58.7) (122.2) (135) (158.5) (143) (48.7) (45.3) (34.7) (27.5) (26.3) (12.6) 0 0
Other Financing Activities (0.6) (0.7) (50.8) (7) (7.3) (1.3) (4.6) (66.3) (73.8) (1.9) 4 2.2 (1.5) (75.7) (80.3) (81.4) (75.5) (57.5) (1,638) (4) 0.2
Financing Cash Flow (33.5) (14.1) (52.1) 10.3 21.5 53.5 (130.7) (123) (140.2) (137.9) (88.4) (155.7) (114.9) (55.7) (117.2) (144.8) (106) (68.6) 5.4 4.7 8.8
Cash Position
Net Change in Cash (40.5) 40.5 (26.2) (37.4) (79.1) 124.4 14.5 11.2 7.2 (8.7) 18.3 (41.3) (17.7) 6.5 (8.5) (16.7) 21.9 48.4 12.5 4.7 104.5
Cash at Beginning 78.1 37.6 63.8 101.2 180.3 55.9 41.4 30.2 23 31.7 13.4 54.7 72.4 65.9 74.4 91.1 69.2 20.8 8.3 2 0
Cash at End 37.6 78.1 37.6 63.8 101.2 180.3 55.9 41.4 30.2 23 31.7 13.4 54.7 72.4 65.9 74.4 91.1 69.2 20.8 6.7 104.5
Free Cash Flow 2.8 54.5 (10) (50.2) (100.9) 47.3 129.6 136 125.2 118.3 90 106.2 134.1 64 132.4 133.6 129.9 107.9 23.5 2 (8.8)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005
Income Statement
Revenue 243.2 240.8 165.2 249.2 114.6 90.4 444.8 441.4 426.1 447.6 446.5 394 462.8 448.8 435.4 427.5 380.7 369.5 331.9 219.3 221.6
Gross Profit 73.8 72.8 85.1 131.3 37.7 46.9 310.3 309 393.7 325.4 415.7 278.7 319.5 304.2 302.7 300.8 260.3 258.9 284.2 49.4 151.5
Operating Income (13.9) (19.5) (27.3) 6.9 (68.6) (61) 161.3 154.3 153.9 173 148 151.7 202 191.8 193.7 190.6 168.2 173.2 159.3 (5.8) 104.2
Net Income (10.6) (22.3) 705.2 (28.7) (48.7) (65.4) 36.1 29.8 1.6 32.9 15.4 13.4 41.2 13.4 31.5 29.2 26.1 15.9 24.8 (10.5) 6.7
EPS (Diluted) -0.11 -0.23 14.52 -3.49 -6.10 -8.39 4.60 3.68 0.24 5.40 2.60 2.30 7.30 2.40 5.80 6.20 6.20 0.20 5.90 -1.12 1.60
Balance Sheet
Cash & Equivalents 75.1 75.1 34.6 63.8 101.2 180.3 55.9 41.4 30.2 23 31.7 13.4 54.7 72.4 65.9 74.4 91.1 69.2 20.8 6.7 104.5
Total Assets 568.6 568.6 567.7 792.4 817.4 886.2 1,130 1,141.8 1,434.7 1,142.5 1,073.7 991.4 1,067.3 810.5 820.2 854.5 628.2 609.6 463.6 90 153.3
Total Debt 22.5 24.2 16 1,141.3 1,120 1,076.7 952.2 923.6 923.3 924.3 925.4 892 890 879 794 973.9 803.3 799 784 10 736.3
Stockholders' Equity 411.2 411.2 434.5 (515.3) (526.7) (473.1) (379.5) (368) (362.5) (358.2) (407) (208.7) (146.1) (439.1) (427.9) (410.8) (516.1) (526.3) (572.4) 3.5 (620.7)
Cash Flow
Operating Cash Flow 8.4 60.3 (6.7) (47.3) (95.2) 55.3 143.6 150.3 138.9 133.5 105.3 117.9 153.1 81.6 161.8 143.7 138.3 124.5 37.3 8.3 (2.9)
Capital Expenditure (5.6) (5.8) (3.3) (2.9) (5.7) (8) (14) (14.3) (13.7) (15.2) (15.3) (11.7) (19) (17.6) (29.4) (10.1) (8.4) (16.6) (13.8) (6.3) (5.9)
Free Cash Flow 2.8 54.5 (10) (50.2) (100.9) 47.3 129.6 136 125.2 118.3 90 106.2 134.1 64 132.4 133.6 129.9 107.9 23.5 2 (8.8)