Added to YB: 2025-07-15
Pitch date: 2025-05-27
NCMI [bullish]
National CineMedia, Inc.
-43.26%
current return
Author Info
No bio for this author
Company Info
National CineMedia, Inc., through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America.
Market Cap
$279.5M
Pitch Price
$5.23
Price Target
9.60 (+223%)
Dividend
4.03%
EV/EBITDA
10.64
P/E
-31.96
EV/Sales
1.04
Sector
Media
Category
turnaround
National CineMedia, Inc. - $NCMI
NCMI: Pre-movie ad network down 18% YTD on tariff-related ad weakness, but misunderstood. Box office recovery to $11B by 2026 (+15-20% attendance) and new AMC contract (July 2025) adding post-show/platinum inventory at 90% incremental margins. 11% FCF yield, 7x 2025 EBITDA, $9.60 PT (80% upside). $50M buybacks (10% of mkt cap) ongoing.
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