Imax Corp Stock Beta

IMAX Stock

USD 24.71 0.06 0.24%

Imax Corp fundamentals help investors to digest information that contributes to Imax Corp's financial success or failures. It also enables traders to predict the movement of Imax Stock. The fundamental analysis module provides a way to measure Imax Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Imax Corp stock.

Short Long Term Debt Total Total Assets

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Imax Corp Company Beta Analysis

Imax Corp's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Imax Corp Beta

1.23

Most of Imax Corp's fundamental indicators, such as Beta, 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, Imax Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Imax Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Imax Corp is extremely important. It helps to project a fair market value of Imax Stock properly, considering its historical fundamentals such as Beta. Since Imax Corp'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 Imax Corp'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 Imax Corp's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Short Term Investments	Long Term Debt	Good Will	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.78	-0.3	-0.22	0.51	0.68	0.63	0.97	0.36	0.12	0.87	-0.26	-0.03	-0.3	0.93	0.3	0.65	0.89	-0.56	0.38	0.43	0.32	0.35	-0.26	0.0
Total Stockholder Equity	0.78		-0.78	0.38	0.46	0.32	0.02	0.74	0.05	0.4	0.82	-0.5	-0.56	-0.6	0.67	0.61	0.9	0.56	-0.23	0.4	0.12	-0.3	0.24	-0.14	0.38
Net Debt	-0.3	-0.78		-0.84	-0.12	0.32	0.47	-0.32	0.04	-0.54	-0.38	0.63	0.66	0.6	-0.15	-0.72	-0.71	0.0	-0.28	-0.28	0.0	0.7	-0.32	0.06	-0.71
Retained Earnings	-0.22	0.38	-0.84		-0.14	-0.68	-0.82	-0.21	-0.25	0.61	-0.09	-0.49	-0.66	-0.38	-0.27	0.55	0.37	-0.46	0.55	0.2	-0.24	-0.9	0.15	0.01	0.75
Accounts Payable	0.51	0.46	-0.12	-0.14		0.44	0.25	0.39	0.11	-0.06	0.7	-0.23	-0.41	-0.32	0.45	0.04	0.27	0.36	-0.19	0.02	0.07	0.0	-0.03	-0.21	0.03
Net Receivables	0.68	0.32	0.32	-0.68	0.44		0.7	0.63	0.05	-0.31	0.63	0.27	0.15	-0.04	0.68	-0.12	0.35	0.79	-0.66	0.04	0.1	0.62	-0.24	0.03	-0.61
Total Liab	0.63	0.02	0.47	-0.82	0.25	0.7		0.66	0.53	-0.36	0.4	0.19	0.64	0.22	0.63	-0.29	-0.06	0.72	-0.55	0.08	0.56	0.89	0.28	-0.25	-0.47
Total Current Assets	0.97	0.74	-0.32	-0.21	0.39	0.63	0.66		0.41	0.07	0.81	-0.27	0.07	-0.3	0.85	0.31	0.63	0.86	-0.45	0.32	0.49	0.37	0.41	-0.23	-0.02
Short Term Debt	0.36	0.05	0.04	-0.25	0.11	0.05	0.53	0.41		-0.2	0.18	-0.13	0.41	-0.15	0.24	-0.02	-0.01	0.23	-0.16	0.46	0.98	0.49	0.76	-0.81	-0.05
Intangible Assets	0.12	0.4	-0.54	0.61	-0.06	-0.31	-0.36	0.07	-0.2		-0.04	-0.18	-0.24	0.14	0.24	0.55	0.41	0.12	-0.03	0.22	-0.12	-0.52	0.02	-0.18	0.43
Common Stock	0.87	0.82	-0.38	-0.09	0.7	0.63	0.4	0.81	0.18	-0.04		-0.44	-0.42	-0.56	0.76	0.16	0.61	0.67	-0.38	0.28	0.21	0.06	0.25	-0.11	0.16
Short Term Investments	-0.26	-0.5	0.63	-0.49	-0.23	0.27	0.19	-0.27	-0.13	-0.18	-0.44		0.55	0.69	-0.12	-0.25	-0.22	0.12	-0.18	-0.34	-0.11	0.5	-0.55	0.09	-0.72
Long Term Debt	-0.03	-0.56	0.66	-0.66	-0.41	0.15	0.64	0.07	0.41	-0.24	-0.42	0.55		0.65	0.05	-0.28	-0.44	0.24	-0.27	-0.1	0.43	0.8	0.13	-0.16	-0.55
Good Will	-0.3	-0.6	0.6	-0.38	-0.32	-0.04	0.22	-0.3	-0.15	0.14	-0.56	0.69	0.65		-0.09	-0.33	-0.53	0.05	-0.07	-0.33	-0.13	0.35	-0.32	0.06	-0.36
Property Plant Equipment	0.93	0.67	-0.15	-0.27	0.45	0.68	0.63	0.85	0.24	0.24	0.76	-0.12	0.05	-0.09		0.28	0.54	0.92	-0.72	0.46	0.34	0.31	0.28	-0.25	0.0
Current Deferred Revenue	0.3	0.61	-0.72	0.55	0.04	-0.12	-0.29	0.31	-0.02	0.55	0.16	-0.25	-0.28	-0.33	0.28		0.73	0.22	-0.1	0.36	0.07	-0.43	0.12	-0.15	0.31
Net Tangible Assets	0.65	0.9	-0.71	0.37	0.27	0.35	-0.06	0.63	-0.01	0.41	0.61	-0.22	-0.44	-0.53	0.54	0.73		0.53	-0.25	0.34	0.08	-0.23	0.02	-0.11	0.1
Capital Surpluse	0.89	0.56	0.0	-0.46	0.36	0.79	0.72	0.86	0.23	0.12	0.67	0.12	0.24	0.05	0.92	0.22	0.53		-0.76	0.23	0.32	0.5	0.08	-0.18	-0.29
Deferred Long Term Liab	-0.56	-0.23	-0.28	0.55	-0.19	-0.66	-0.55	-0.45	-0.16	-0.03	-0.38	-0.18	-0.27	-0.07	-0.72	-0.1	-0.25	-0.76		-0.35	-0.23	-0.44	0.01	0.18	0.35
Long Term Investments	0.38	0.4	-0.28	0.2	0.02	0.04	0.08	0.32	0.46	0.22	0.28	-0.34	-0.1	-0.33	0.46	0.36	0.34	0.23	-0.35		0.5	-0.09	0.58	-0.6	0.29
Short Long Term Debt	0.43	0.12	0.0	-0.24	0.07	0.1	0.56	0.49	0.98	-0.12	0.21	-0.11	0.43	-0.13	0.34	0.07	0.08	0.32	-0.23	0.5		0.51	0.76	-0.82	-0.06
Long Term Debt Total	0.32	-0.3	0.7	-0.9	0.0	0.62	0.89	0.37	0.49	-0.52	0.06	0.5	0.8	0.35	0.31	-0.43	-0.23	0.5	-0.44	-0.09	0.51		0.08	-0.2	-0.74
Net Invested Capital	0.35	0.24	-0.32	0.15	-0.03	-0.24	0.28	0.41	0.76	0.02	0.25	-0.55	0.13	-0.32	0.28	0.12	0.02	0.08	0.01	0.58	0.76	0.08		-0.53	0.53
Net Working Capital	-0.26	-0.14	0.06	0.01	-0.21	0.03	-0.25	-0.23	-0.81	-0.18	-0.11	0.09	-0.16	0.06	-0.25	-0.15	-0.11	-0.18	0.18	-0.6	-0.82	-0.2	-0.53		0.0
Capital Stock	0.0	0.38	-0.71	0.75	0.03	-0.61	-0.47	-0.02	-0.05	0.43	0.16	-0.72	-0.55	-0.36	0.0	0.31	0.1	-0.29	0.35	0.29	-0.06	-0.74	0.53	0.0

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Imax Corp

In accordance with the recently published financial statements, Imax Corp has a Beta of 1.225. This is 4.3% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The beta for all United States stocks is notably lower than that of the firm.

Imax Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Imax Corp's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Imax Corp could also be used in its relative valuation, which is a method of valuing Imax Corp by comparing valuation metrics of similar companies.

Imax Corp is currently under evaluation in beta category among its peers.

Imax Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Imax Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Imax Corp's managers, analysts, and investors.

Environmental

Governance

Social

Imax Corp Institutional Holders

Institutional Holdings refers to the ownership stake in Imax Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Imax Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Imax Corp's value.

		Shares
Ameriprise Financial Inc	2024-06-30	975.8 K
Primecap Management Company	2024-09-30	925.7 K
State Street Corp	2024-06-30	872.6 K
Franklin Resources Inc	2024-06-30	865.5 K
Citadel Advisors Llc	2024-06-30	825.2 K
Millennium Management Llc	2024-06-30	725.9 K
Bank Of America Corp	2024-06-30	671 K
Thrivent Financial For Lutherans	2024-09-30	637.8 K
Bank Of New York Mellon Corp	2024-06-30	587.7 K
Macquarie Group Ltd	2024-06-30	4.6 M
Fmr Inc	2024-09-30	3.9 M

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Imax Corp will likely underperform.

Imax Fundamentals

	Return On Equity	0.0804
	Return On Asset	0.0304
	Profit Margin	0.07 %
	Operating Margin	0.21 %
	Current Valuation	1.48 B
	Shares Outstanding	52.68 M
	Shares Owned By Insiders	19.10 %
	Shares Owned By Institutions	87.64 %
	Number Of Shares Shorted	4.77 M
	Price To Earning	43.89 X
	Price To Book	4.51 X
	Price To Sales	3.77 X
	Revenue	374.84 M
	Gross Profit	157.23 M
	EBITDA	112.96 M
	Net Income	25.34 M
	Cash And Equivalents	110.11 M
	Cash Per Share	1.96 X
	Total Debt	252.06 M
	Debt To Equity	0.67 %
	Current Ratio	3.57 X
	Book Value Per Share	5.49 X
	Cash Flow From Operations	58.62 M
	Short Ratio	7.11 X
	Earnings Per Share	0.44 X
	Price To Earnings To Growth	1.04 X
	Target Price	26.09
	Number Of Employees	669
	Beta	1.23
	Market Capitalization	1.3 B
	Total Asset	814.67 M
	Retained Earnings	(292.85 M)
	Working Capital	220.45 M
	Current Asset	504.03 M
	Current Liabilities	232.24 M
	Net Asset	814.67 M

About Imax Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Imax Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Imax Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Imax Corp 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.

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Additional Tools for Imax Stock Analysis

When running Imax Corp's price analysis, check to measure Imax Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Imax Corp is operating at the current time. Most of Imax Corp's value examination focuses on studying past and present price action to predict the probability of Imax Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imax Corp's price. Additionally, you may evaluate how the addition of Imax Corp to your portfolios can decrease your overall portfolio volatility.

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