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Cinemark Holdings Inc Stock Research

CNK

12.63USD+0.02(+0.16%)Delayed

Market Summary

USD12.63+0.02
Delayed
0.16%

CNK Alerts

CNK Stock Price

CNK RSI Chart

CNK Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

-5.61

Price/Sales (Trailing)

0.62

EV/EBITDA

11.72

Price/Free Cashflow

12.13

CNK Price/Sales (Trailing)

CNK Profitability

EBT Margin

-10.80%

Return on Equity

-139.22%

Return on Assets

-5.59%

Free Cashflow Yield

8.25%

CNK Fundamentals

CNK Revenue

Revenue (TTM)

2.5B

Revenue Y/Y

-10.05%

Revenue Q/Q

-7.8%

CNK Earnings

Earnings (TTM)

-271.2M

Earnings Y/Y

-1.8K%

Earnings Q/Q

-305.31%

Price Action

52 Week Range

8.2819.76
(Low)(High)

Last 7 days

-6.0%

Last 30 days

6.8%

Last 90 days

9.9%

Trailing 12 Months

-21.2%

CNK Financial Health

Current Ratio

1.27

Debt/Equity

12.62

Debt/Cashflow

0.1

CNK Investor Care

Shares Dilution (1Y)

2.67%

Diluted EPS (TTM)

-2.26

Peers (Alternatives to Cinemark Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
172.1B
84.4B
-13.52% -30.63%
51.83
2.04
15.66% 7.72%
138.1B
31.6B
-15.28% -11.62%
30.74
4.37
6.46% -12.20%
15.6B
16.7B
-12.95% -40.02%
52.86
0.94
166.11% 145.47%
MID-CAP
6.3B
1.3B
-4.49% 49.32%
32.07
4.86
17.93% 10.25%
4.5B
3.9B
-10.04% -70.93%
-4.66
1.16
54.73% 23.28%
4.4B
-
-3.27% 12.39%
78.75
5.31
97.57% 3.36%
2.4B
1.5B
-24.37% -23.30%
121.77
1.63
65.41% 113.51%
SMALL-CAP
1.9B
2.0B
-11.56% -31.40%
-20.33
0.98
52.20% 29.12%
1.5B
2.5B
6.77% -21.19%
-5.61
0.62
62.51% 35.86%
399.3M
671.0M
3.81% 30.81%
17.83
0.6
10.71% 16.06%
69.4M
205.8M
-1.46% -17.56%
-3.06
0.34
97.60% -232.34%
55.7M
82.0M
-6.78% -51.01%
-17.98
0.68
3.09% -182.95%
52.0M
175.2M
-45.42% -67.51%
-0.76
0.3
85.09% -73.73%

Financials for Cinemark Holdings

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-2.7%2,4552,5222,3061,8571,511
  S&GA Expenses6.6%177166161--
Costs and Expenses19.4%2,3551,9731,763--
EBITDA-29.3%129182120--
EBITDA Margin-52.6%0.05*0.11*0.06*--
Earnings Before Taxes-18.5%-265-223-289-439-
EBT Margin20.5%-0.11*-0.14*-0.16*--
Interest Expenses2.0%155152151150-
Net Income-65.3%-271-164-217-286-422
Net Income Margin-69.8%-0.11*-0.07*-0.13*-0.16*-
Free Cahsflow-5.4%12513313075.00-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-3.1%4,8515,0045,0245,2315,079
  Current Assets-8.3%801873720874669
    Cash Equivalents-9.1%63269556912.00543
  Inventory-3.4%20.0020.0017.0016.0015.00
  Net PPE-2.8%1,2601,2961,3491,3831,435
  Goodwill-0.2%1,2491,2511,2571,2491,250
  Current Liabilities-13.4%628726646769643
  Long Term Debt-8.2%2,4582,6782,7502,543-
    LT Debt, Current-14.4%22.0026.0027.0024.0020.00
    LT Debt, Non Current-0.1%2,4742,4752,4772,4762,477
Shareholder's Equity-10.9%195219299323315
  Retained Earnings-4.6%-561-536-463-389-395
  Additional Paid-In Capital0.4%1,2141,2091,2031,1981,189
Accumulated Depreciation1.8%2,1322,0942,0671,9861,930
Shares Outstanding-0.1%120121120120117
Minority Interest-0.9%11.0011.0013.0012.0011.00
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations1.0%236234172166-204
  Share Based Compensation-3.1%29.0030.0030.0029.00-
Cashflow From Investing-0.3%-87.60-87.30-79.70-89.30-70.91
Cashflow From Financing-23.0%-39.63-32.23-29.33-19.93-6.00
  Dividend PaymentsNaN%0.000.00---

Risks for CNK

What is the probability of a big loss on CNK?

70.8%


Probability that Cinemark Holdings stock will be more than 20% underwater in next one year

61.5%


Probability that Cinemark Holdings stock will be more than 30% underwater in next one year.

50.4%


Probability that Cinemark Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CNK drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Cinemark Holdings was unfortunately bought at previous high price.

Drawdowns

Returns for CNK

Cumulative Returns on CNK

-5.6%


10-Year Cumulative Returns

-12%


7-Year Cumulative Returns

-19%


5-Year Cumulative Returns

-5.0%


3-Year Cumulative Returns

What are the long-term rolling returns for CNK?

FIve years rolling returns for Cinemark Holdings.

Annualized Returns

Which funds bought or sold CNK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
2.38
-5,846,200
15,980,800
0.02%
2023-03-06
Rockefeller Capital Management L.P.
unchanged
-
-
-
-%
2023-02-28
Voya Investment Management LLC
unchanged
-
-144,709
362,291
-%
2023-02-27
Parallax Volatility Advisers, L.P.
new
-
3,377
3,377
-%
2023-02-24
NATIXIS
sold off
-100
-2,265,000
-
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-115,000
290,000
-%
2023-02-21
MACQUARIE GROUP LTD
sold off
-100
-41,000
-
-%
2023-02-17
Coppell Advisory Solutions Corp.
new
-
615
615
-%
2023-02-16
CHARTWELL INVESTMENT PARTNERS, LLC
unchanged
-
-311,000
779,000
0.03%
2023-02-16
GHP Investment Advisors, Inc.
unchanged
-
-43,533
110,467
0.01%

1–10 of 33

Latest Funds Activity

Are funds buying CNK calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own CNK
No. of Funds

Cinemark Holdings News

Simply Wall St

A Look At The Fair Value Of Cinemark Holdings, Inc. (NYSE:CNK).

Simply Wall St,
47 hours ago

StockNews.com

AMC: 3 Stocks You May Want to Short.

StockNews.com,
5 days ago

InvestorsObserver

Schedule 13G FIlings of Cinemark Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
orbis investment management ltd
7.3%
8,751,840
SC 13G
Feb 09, 2023
vanguard group inc
10.45%
12,598,530
SC 13G/A
Feb 06, 2023
wellington management group llp
10.92%
13,145,003
SC 13G/A
Jan 26, 2023
blackrock inc.
15.6%
18,684,578
SC 13G/A
Jan 20, 2023
blackrock inc.
15.6%
18,684,578
SC 13G
Nov 10, 2022
wellington management group llp
10.55%
12,722,193
SC 13G/A
Mar 09, 2022
vanguard group inc
10.24%
12,262,651
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 09, 2022
vanguard group inc
9.44%
11,289,958
SC 13G/A
Feb 04, 2022
wellington management group llp
8.88%
10,617,030
SC 13G/A

CNK Fair Value

Cinemark Holdings fair value in different scenarios

The table shows the Fair Value estimates for Cinemark Holdings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

2.22

-82.42%

4.22

-66.59%

9.32

-26.21%

16.29

28.98%

26.82

112.35%
Current Inflation

5.18

-58.99%

7.88

-37.61%

10.15

-19.64%

15.41

22.01%

17.84

41.25%
Very High Inflation

1.91

-84.88%

3.57

-71.73%

7.24

-42.68%

12.20

-3.40%

19.71

56.06%

Historical Cinemark Holdings Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Cinemark Holdings

View All Filings
Date Filed Form Type Document
Feb 24, 2023
10-K
Annual Report
Feb 24, 2023
SC 13D/A
13D - Major Acquisition
Feb 24, 2023
8-K
Current Report
Feb 24, 2023
4
Insider Trading
Feb 24, 2023
4
Insider Trading
Feb 24, 2023
4
Insider Trading
Feb 24, 2023
4
Insider Trading
Feb 24, 2023
4
Insider Trading
Feb 24, 2023
4
Insider Trading
Feb 24, 2023
4
Insider Trading

Latest Insider Trading transactions for CNK

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-23
Gierhart Wanda Marie
sold (taxes)
-31,094
12.77
-2,435
evp - chief marketing officer
2023-02-23
Gamble Sean
sold (taxes)
-145,821
12.77
-11,419
chief executive officer
2023-02-23
Thomas Melissa
sold (taxes)
-43,366
12.77
-3,396
evp, chief financial officer
2023-02-23
Fernandes Valmir
sold (taxes)
-33,470
12.77
-2,621
pr - cinemark international
2023-02-23
Bedard Caren
sold (taxes)
-7,828
12.77
-613
svp-global controller
2023-02-23
Cavalier Michael
sold (taxes)
-40,429
12.77
-3,166
evp-general counsel
2023-02-20
Fernandes Valmir
acquired
-
-
52,469
pr - cinemark international
2023-02-20
Bedard Caren
acquired
-
-
7,705
svp-global controller
2023-02-20
Cavalier Michael
acquired
-
-
63,380
evp-general counsel
2023-02-20
Fernandes Valmir
acquired
-
-
29,794
pr - cinemark international

1–10 of 50

Sean Gamble
16000
Cinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business. As of March 3, 2022, it operated 522 theatres with 5,868 screens in the United States, and South and Central America. The company was founded in 1984 and is headquartered in Plano, Texas.

CNK Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue   
Total revenue$ 2,454.7$ 1,510.5$ 686.3
Cost of operations   
Depreciation and amortization238.2265.4259.8
Impairment of long-lived and other assets174.120.8152.7
Restructuring costs(0.5)(1.0)20.3
Other income (expense)   
Interest expense[1](155.3)(149.7)(129.9)
Loss before income taxes(265.0)(439.0)(927.3)
Income tax benefit3.0(16.8)(309.4)
Net loss(268.0)(422.2)(617.9)
Net loss attributable to Cinemark Holdings, Inc.$ (271.2)$ (422.8)$ (616.8)
Weighted average shares outstanding   
Basic118,200,000117,300,000116,700,000
Diluted118,200,000117,300,000116,700,000
Loss per share attributable to Cinemark Holdings, Inc.'s common stockholders   
Basic$ (2.26)$ (3.55)$ (5.25)
Diluted$ (2.26)$ (3.55)$ (5.25)
CUSA [Member]   
Revenue   
Total revenue$ 2,454.7$ 1,510.5$ 686.3
Cost of operations   
Film rentals and advertising704.4415.0186.8
Concession supplies169.397.948.6
Salaries and wages372.7232.9145.0
Facility lease expense308.3280.0279.8
Utilities and other407.2282.9229.5
General and administrative expenses174.6158.5125.4
Depreciation and amortization238.2265.4259.8
Impairment of long-lived and other assets174.120.8152.7
Restructuring costs0.5(1.0)20.4
(Gain) loss on disposal of assets and other6.88.0(8.9)
Total cost of operations2,541.51,760.41,439.1
Operating loss(86.8)(249.9)(752.8)
Other income (expense)   
Interest expense(131.2)(125.6)(115.7)
Interest income16.56.34.8
Loss on extinguishment of debt0.0(6.5)
Foreign currency exchange loss(11.5)(1.3)(4.8)
Distributions from NCM0.00.17.0
Cash distributions from DCIP3.713.10.0
Non-cash distribution from DCIP0.012.9
Interest expense - NCM(23.2)(23.6)(23.6)
Equity in income (loss)(9.3)(25.0)(38.7)
Total other expense(155.0)(162.5)(158.1)
Loss before income taxes(241.8)(412.4)(910.9)
Income tax benefit(13.1)(32.3)(303.6)
Net loss(228.7)(380.1)(607.3)
Less: Net income attributable to noncontrolling interests3.20.6(1.1)
Net loss attributable to Cinemark Holdings, Inc.(231.9)(380.7)(606.2)
CNK [Member]   
Revenue   
Total revenue2,454.71,510.5686.3
Cost of operations   
Film rentals and advertising704.4415.0186.8
Concession supplies169.397.948.6
Salaries and wages372.7232.9145.0
Facility lease expense308.3280.0279.8
Utilities and other407.2282.9229.5
General and administrative expenses177.6161.1127.6
Depreciation and amortization238.2265.4259.8
Impairment of long-lived and other assets174.120.8152.7
Restructuring costs(0.5)(1.0)20.4
(Gain) loss on disposal of assets and other(6.8)8.0(8.9)
Total cost of operations2,544.51,763.01,441.3
Operating loss(89.8)(252.5)(755.0)
Other income (expense)   
Interest expense(155.3)(149.7)(129.9)
Interest income20.46.44.8
Loss on extinguishment of debt0.0(6.5)0.0
Foreign currency exchange loss(11.5)(1.3)(4.8)
Equity in income (loss)(9.3)(25.0)(38.7)
Total other expense(175.2)(186.5)(172.3)
Loss before income taxes(265.0)(439.0)(927.3)
Income tax benefit(3.0)(16.8)(309.4)
Net loss(268.0)(422.2)(617.9)
Less: Net income attributable to noncontrolling interests3.20.6(1.1)
Net loss attributable to Cinemark Holdings, Inc.$ (271.2)$ (422.8)$ (616.8)
Weighted average shares outstanding   
Basic118,200,000117,300,000116,700,000
Diluted118,200,000117,300,000116,700,000
Loss per share attributable to Cinemark Holdings, Inc.'s common stockholders   
Basic$ (2.26)$ (3.55)$ (5.25)
Diluted$ (2.26)$ (3.55)$ (5.25)
NCM   
Cost of operations   
Impairment of long-lived and other assets$ 113.2  
Other income (expense)   
Interest expense - NCM(23.2)$ (23.6)$ (23.6)
NCM | CNK [Member]   
Other income (expense)   
Distributions from NCM0.00.17.0
Interest expense - NCM(23.2)(23.6)(23.6)
DCIP | CNK [Member]   
Other income (expense)   
Cash distributions from DCIP3.713.10.0
Non-cash distribution from DCIP0.00.012.9
Admissions | CUSA [Member]   
Revenue   
Total revenue1,246.9780.0356.5
Admissions | CNK [Member]   
Revenue   
Total revenue1,246.9780.0356.5
Concession   
Revenue   
Total revenue938.3561.7231.1
Concession | CUSA [Member]   
Revenue   
Total revenue938.3561.7231.1
Concession | CNK [Member]   
Revenue   
Total revenue938.3561.7231.1
Other | CUSA [Member]   
Revenue   
Total revenue269.5168.898.7
Other | CNK [Member]   
Revenue   
Total revenue$ 269.5$ 168.8$ 98.7
[1]Includes amortization of debt issuance costs and amortization of accumulated losses for amended swap agreements.

CNK Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Theatre properties and equipment  
Total$ 3,395.3$ 3,368.8
Less: accumulated depreciation and amortization[1]2,163.21,985.9
Total1,232.11,382.9
Operating lease right-of-use assets, net[2]1,102.71,230.8
Other assets  
Goodwill[3]1,250.91,248.8
Intangible assets, net304.6310.8
Current liabilities  
Current portion of operating lease obligations[2]219.3217.1
Current portion of finance lease obligations[2]14.414.6
Accrued other current liabilities (see Note 13)200.4225.0
Long-term liabilities  
Operating lease obligations, less current portion[2]970.61,078.3
Finance lease obligations, less current portion[2]88.0102.6
Commitments and Contingencies 
Cinemark Holdings, Inc.'s stockholders' equity:  
Treasury stock(95.4)(91.1)
Noncontrolling interests9.311.6
CUSA [Member]  
Current assets  
Cash and cash equivalents427.3442.7
Inventories23.715.5
Accounts receivable69.068.8
Current income tax receivable47.846.6
Prepaid expenses and other50.736.2
Accounts receivable from parent53.446.7
Total current assets659.5656.5
Theatre properties and equipment  
Less: accumulated depreciation and amortization2,165.71,985.9
Total1,235.51,382.9
Operating lease right-of-use assets, net1,107.91,230.8
Other assets  
Goodwill1,250.91,248.8
Intangible assets, net304.6310.8
Investments in affiliates22.625.2
Deferred charges and other assets, net40.422.3
Total other assets1,628.11,742.5
Total assets4,623.35,012.7
Current liabilities  
Current portion of long-term debt10.724.3
Current portion of operating lease obligations219.3217.1
Current portion of finance lease obligations14.414.6
Current income tax payable3.20.0
Accounts payable72.276.0
Accrued interest31.233.2
Accrued film rentals65.186.1
Accrued payroll54.554.9
Accrued property taxes29.630.0
Accrued other current liabilities (see Note 13)200.1224.4
Total current liabilities703.9760.6
Long-term liabilities  
Long-term debt, less current portion2,023.02,028.7
Operating lease obligations, less current portion970.61,078.3
Finance lease obligations, less current portion88.0102.6
Long-term deferred tax liability36.157.8
Long-term liability for uncertain tax positions47.345.9
NCM screen advertising advances338.2346.0
Other long-term liabilities37.337.9
Total long-term liabilities3,538.23,697.2
Commitments and Contingencies
Cinemark Holdings, Inc.'s stockholders' equity:  
Additional paid-in-capital1,479.51,459.0
Treasury stock(24.2)(24.2)
Accumulated deficit(775.9)(544.0)
Accumulated other comprehensive income (loss)356.3397.0
Total equity372.6543.3
Noncontrolling interests9.311.6
Total equity381.9554.9
Total liabilities and equity4,623.35,012.7
CUSA [Member] | Class A Common Stock  
Cinemark Holdings, Inc.'s stockholders' equity:  
Common stock value0.00.0
CUSA [Member] | Class B Common Stock  
Cinemark Holdings, Inc.'s stockholders' equity:  
Common stock value49.549.5
CNK [Member]  
Current assets  
Cash and cash equivalents674.5707.3
Inventories23.715.5
Accounts receivable69.668.8
Current income tax receivable45.146.6
Prepaid expenses and other50.736.2
Total current assets863.6874.4
Theatre properties and equipment  
Less: accumulated depreciation and amortization2,165.71,985.9
Total1,232.11,382.9
Operating lease right-of-use assets, net1,102.71,230.8
Other assets  
Goodwill1,250.91,248.8
Intangible assets, net304.6310.8
Investments in affiliates22.625.2
Deferred charges and other assets, net31.622.3
Total other assets1,619.31,742.5
Total assets4,817.75,230.6
Current liabilities  
Current portion of long-term debt10.724.3
Current portion of operating lease obligations219.3217.1
Current portion of finance lease obligations14.414.6
Current income tax payable3.2 
Accounts payable72.276.0
Accrued interest39.141.1
Accrued film rentals65.186.1
Accrued payroll54.554.9
Accrued property taxes29.630.0
Accrued other current liabilities (see Note 13)200.4225.0
Total current liabilities708.5769.1
Long-term liabilities  
Long-term debt, less current portion[4]2,474.02,476.3
Operating lease obligations, less current portion970.61,078.3
Finance lease obligations, less current portion88.0102.6
Long-term deferred tax liability33.739.8
Long-term liability for uncertain tax positions47.945.9
Other long-term liabilities37.338.1
Total long-term liabilities3,989.74,127.0
Commitments and Contingencies
Cinemark Holdings, Inc.'s stockholders' equity:  
Common stock value0.10.1
Additional paid-in-capital1,219.31,197.8
Treasury stock(95.4)(91.1)
Accumulated deficit(660.6)(389.4)
Accumulated other comprehensive income (loss)353.2394.5
Total equity110.2322.9
Noncontrolling interests9.311.6
Total equity119.5334.5
Total liabilities and equity4,817.75,230.6
NCM | CUSA [Member]  
Other assets  
Investment9.6135.4
NCM | CNK [Member]  
Other assets  
Investment9.6135.4
Long-term liabilities  
NCM screen advertising advances$ 338.2$ 346.0
[1]Amortization of finance lease assets is included in depreciation and amortization expense on the consolidated statements of loss. Accumulated amortization of finance lease assets as of December 31, 2021 and 2022 was $57.8 and $62.5, respectively.
[2]The operating lease right-of-use assets and liabilities recorded on the Company’s consolidated balance sheets generally do not include renewal options that have not yet been exercised.
[3]Balances are presented net of accumulated impairment losses of $214.0 for the U.S. operating segment and $43.8 for the international operating segment.
[4]The only differences between the long-term debt for Holdings, as presented above, and the long-term debt for CUSA are the $460.0 million 4.50% Convertible Senior Notes due 2025 and the related debt issuance costs.