Cineplex Stock Current Valuation
| CGX Stock | CAD 10.46 0.09 0.85% |
Valuation analysis of Cineplex helps investors to measure Cineplex's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of the 27th of November 2024, Enterprise Value Over EBITDA is likely to drop to 7.09. In addition to that, Enterprise Value Multiple is likely to drop to 7.09. Fundamental drivers impacting Cineplex's valuation include:
Price Book 89.361 | Enterprise Value 2.5 B | Enterprise Value Ebitda 14.5001 | Price Sales 0.5178 | Forward PE 10.8225 |
Overvalued
Today
Please note that Cineplex's price fluctuation is not too volatile at this time. Calculation of the real value of Cineplex is based on 3 months time horizon. Increasing Cineplex's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Cineplex is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Cineplex Stock. However, Cineplex's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 10.46 | Real 8.81 | Hype 10.46 | Naive 10.51 |
The intrinsic value of Cineplex's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Cineplex's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Cineplex helps investors to forecast how Cineplex stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Cineplex more accurately as focusing exclusively on Cineplex's fundamentals will not take into account other important factors: Cineplex Company Current Valuation Analysis
Cineplex's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Cineplex Current Valuation | 2.51 B |
Most of Cineplex's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cineplex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cineplex Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Cineplex is extremely important. It helps to project a fair market value of Cineplex Stock properly, considering its historical fundamentals such as Current Valuation. Since Cineplex's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cineplex's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cineplex's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Cineplex has a Current Valuation of 2.51 B. This is 91.25% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The current valuation for all Canada stocks is 84.89% higher than that of the company.
Cineplex Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cineplex's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cineplex could also be used in its relative valuation, which is a method of valuing Cineplex by comparing valuation metrics of similar companies.Cineplex is currently under evaluation in current valuation category among its peers.
Cineplex Current Valuation Drivers
We derive many important indicators used in calculating different scores of Cineplex from analyzing Cineplex's financial statements. These drivers represent accounts that assess Cineplex's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cineplex's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.1B | 587.1M | 862.0M | 510.0M | 530.7M | 504.1M | |
| Enterprise Value | 4.1B | 2.5B | 2.7B | 2.4B | 2.2B | 1.6B |
Cineplex Fundamentals
| Return On Equity | -16.17 | ||||
| Return On Asset | 0.0194 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 2.51 B | ||||
| Shares Outstanding | 63.5 M | ||||
| Shares Owned By Insiders | 1.67 % | ||||
| Shares Owned By Institutions | 27.97 % | ||||
| Number Of Shares Shorted | 4.59 M | ||||
| Price To Earning | 21.99 X | ||||
| Price To Book | 89.36 X | ||||
| Price To Sales | 0.52 X | ||||
| Revenue | 1.39 B | ||||
| Gross Profit | 902.69 M | ||||
| EBITDA | 320.15 M | ||||
| Net Income | 138.05 M | ||||
| Cash And Equivalents | 34.67 M | ||||
| Cash Per Share | 0.22 X | ||||
| Total Debt | 1.9 B | ||||
| Debt To Equity | 6.53 % | ||||
| Current Ratio | 0.09 X | ||||
| Book Value Per Share | (0.63) X | ||||
| Cash Flow From Operations | 209.13 M | ||||
| Short Ratio | 15.40 X | ||||
| Earnings Per Share | (1.90) X | ||||
| Price To Earnings To Growth | 5.86 X | ||||
| Target Price | 12.92 | ||||
| Number Of Employees | 10 K | ||||
| Beta | 2.73 | ||||
| Market Capitalization | 664.21 M | ||||
| Total Asset | 2.27 B | ||||
| Retained Earnings | (981.97 M) | ||||
| Working Capital | (219.49 M) | ||||
| Current Asset | 186.83 M | ||||
| Current Liabilities | 425.78 M | ||||
| Five Year Return | 5.70 % | ||||
| Net Asset | 2.27 B |
About Cineplex Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cineplex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cineplex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cineplex based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Cineplex
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cineplex position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cineplex will appreciate offsetting losses from the drop in the long position's value.Moving against Cineplex Stock
| 0.69 | TD-PFD | Toronto Dominion Bank | PairCorr |
| 0.67 | RY-PM | Royal Bank Earnings Call This Week | PairCorr |
| 0.66 | RY-PS | Royal Bank Earnings Call This Week | PairCorr |
| 0.64 | TD-PFI | Toronto Dominion Bank | PairCorr |
| 0.62 | RY | Royal Bank Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Cineplex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cineplex when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cineplex - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cineplex to buy it.
The correlation of Cineplex is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cineplex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cineplex moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cineplex can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Cineplex Stock
Cineplex financial ratios help investors to determine whether Cineplex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cineplex with respect to the benefits of owning Cineplex security.