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Stock Comparison

AMC vs NCMI

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
AMC
AMC Entertainment Holdings, Inc.

Entertainment

Communication ServicesNYSE • US
Market Cap$930M
5Y Perf.-97.0%
NCMI
National CineMedia, Inc.

Advertising Agencies

Communication ServicesNASDAQ • US
Market Cap$346M
5Y Perf.-86.5%

AMC vs NCMI — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
AMC logoAMC
NCMI logoNCMI
IndustryEntertainmentAdvertising Agencies
Market Cap$930M$346M
Revenue (TTM)$5.03B$243M
Net Income (TTM)$-547M$-11M
Gross Margin75.3%30.3%
Operating Margin46.5%-5.7%
Total Debt$8.14B$23M
Cash & Equiv.$429M$75M

AMC vs NCMILong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

AMC
NCMI
StockMay 20May 26Return
AMC Entertainment H… (AMC)1003.0-97.0%
National CineMedia,… (NCMI)10013.5-86.5%

Price return only. Dividends and distributions are not included.

Quick Verdict: AMC vs NCMI

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: NCMI leads in 5 of 6 categories, making it the strongest pick for profitability and margin quality and capital preservation and lower volatility. AMC Entertainment Holdings, Inc. is the stronger pick specifically for growth and revenue expansion. As sector peers, any of these can serve as alternatives in the same allocation.
AMC
AMC Entertainment Holdings, Inc.
The Growth Play

AMC is the clearest fit if your priority is growth exposure.

  • Rev growth 4.6%, EPS growth -16.0%, 3Y rev CAGR 7.4%
  • 4.6% revenue growth vs NCMI's 1.0%
Best for: growth exposure
NCMI
National CineMedia, Inc.
The Income Pick

NCMI carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.

  • Dividend streak 1 yrs, beta 1.26, yield 3.3%
  • -71.0% 10Y total return vs AMC's -84.7%
  • Lower volatility, beta 1.26, Low D/E 5.5%, current ratio 2.42x
Best for: income & stability and long-term compounding
See the full category breakdown
CategoryWinnerWhy
GrowthAMC logoAMC4.6% revenue growth vs NCMI's 1.0%
Quality / MarginsNCMI logoNCMI-4.4% margin vs AMC's -10.9%
Stability / SafetyNCMI logoNCMIBeta 1.26 vs AMC's 1.82
DividendsNCMI logoNCMI3.3% yield; 1-year raise streak; the other pay no meaningful dividend
Momentum (1Y)NCMI logoNCMI-25.3% vs AMC's -43.9%
Efficiency (ROA)NCMI logoNCMI-2.1% ROA vs AMC's -6.9%, ROIC -2.9% vs 23.7%

AMC vs NCMI — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

AMCAMC Entertainment Holdings, Inc.
FY 2025
Admission
49.4%$2.7B
Food and Beverage
31.1%$1.7B
Total Other Product And Service
9.8%$525M
Product and Service, Other
6.9%$373M
Advertising
2.8%$152M
NCMINational CineMedia, Inc.
FY 2025
National Advertising Revenue
80.0%$195M
Local Advertising Revenue
14.2%$35M
Founding Member Advertising Revenue From Beverage Concessionaire Agreements
5.8%$14M

AMC vs NCMI — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLNCMILAGGINGAMC

Income & Cash Flow (Last 12 Months)

AMC leads this category, winning 4 of 6 comparable metrics.

AMC is the larger business by revenue, generating $5.0B annually — 20.7x NCMI's $243M. NCMI is the more profitable business, keeping -4.4% of every revenue dollar as net income compared to AMC's -10.9%. On growth, AMC holds the edge at +21.2% YoY revenue growth, suggesting stronger near-term business momentum.

MetricAMC logoAMCAMC Entertainment…NCMI logoNCMINational CineMedi…
RevenueTrailing 12 months$5.0B$243M
EBITDAEarnings before interest/tax$2.6B$24M
Net IncomeAfter-tax profit-$547M-$11M
Free Cash FlowCash after capex-$124M$4M
Gross MarginGross profit ÷ Revenue+75.3%+30.3%
Operating MarginEBIT ÷ Revenue+46.5%-5.7%
Net MarginNet income ÷ Revenue-10.9%-4.4%
FCF MarginFCF ÷ Revenue-2.5%+1.8%
Rev. Growth (YoY)Latest quarter vs prior year+21.2%+7.9%
EPS Growth (YoY)Latest quarter vs prior year+53.2%+24.0%
AMC leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

AMC leads this category, winning 2 of 3 comparable metrics.

On an enterprise value basis, AMC's 4.7x EV/EBITDA is more attractive than NCMI's 12.2x.

MetricAMC logoAMCAMC Entertainment…NCMI logoNCMINational CineMedi…
Market CapShares × price$930M$346M
Enterprise ValueMkt cap + debt − cash$8.6B$293M
Trailing P/EPrice ÷ TTM EPS-1.24x-33.73x
Forward P/EPrice ÷ next-FY EPS est.
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple4.67x12.23x
Price / SalesMarket cap ÷ Revenue0.19x1.42x
Price / BookPrice ÷ Book value/share0.85x
Price / FCFMarket cap ÷ FCF123.60x
AMC leads this category, winning 2 of 3 comparable metrics.

Profitability & Efficiency

NCMI leads this category, winning 4 of 7 comparable metrics.

On the Piotroski fundamental quality scale (0–9), NCMI scores 7/9 vs AMC's 3/9, reflecting strong financial health.

MetricAMC logoAMCAMC Entertainment…NCMI logoNCMINational CineMedi…
ROE (TTM)Return on equity-2.9%
ROA (TTM)Return on assets-6.9%-2.1%
ROICReturn on invested capital+23.7%-2.9%
ROCEReturn on capital employed+29.0%-2.8%
Piotroski ScoreFundamental quality 0–937
Debt / EquityFinancial leverage0.05x
Net DebtTotal debt minus cash$7.7B-$53M
Cash & Equiv.Liquid assets$429M$75M
Total DebtShort + long-term debt$8.1B$23M
Interest CoverageEBIT ÷ Interest expense0.35x-23.17x
NCMI leads this category, winning 4 of 7 comparable metrics.

Total Returns (Dividends Reinvested)

NCMI leads this category, winning 6 of 6 comparable metrics.

A $10,000 investment in NCMI five years ago would be worth $1,475 today (with dividends reinvested), compared to $160 for AMC. Over the past 12 months, NCMI leads with a -25.3% total return vs AMC's -43.9%. The 3-year compound annual growth rate (CAGR) favors NCMI at 8.2% vs AMC's -70.5% — a key indicator of consistent wealth creation.

MetricAMC logoAMCAMC Entertainment…NCMI logoNCMINational CineMedi…
YTD ReturnYear-to-date-5.6%-2.6%
1-Year ReturnPast 12 months-43.9%-25.3%
3-Year ReturnCumulative with dividends-97.4%+26.6%
5-Year ReturnCumulative with dividends-98.4%-85.3%
10-Year ReturnCumulative with dividends-84.7%-71.0%
CAGR (3Y)Annualised 3-year return-70.5%+8.2%
NCMI leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

NCMI leads this category, winning 2 of 2 comparable metrics.

NCMI is the less volatile stock with a 1.26 beta — it tends to amplify market swings less than AMC's 1.82 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NCMI currently trades 66.7% from its 52-week high vs AMC's 37.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricAMC logoAMCAMC Entertainment…NCMI logoNCMINational CineMedi…
Beta (5Y)Sensitivity to S&P 5001.82x1.26x
52-Week HighHighest price in past year$4.08$5.56
52-Week LowLowest price in past year$0.93$2.92
% of 52W HighCurrent price vs 52-week peak+37.3%+66.7%
RSI (14)Momentum oscillator 0–10060.058.3
Avg Volume (50D)Average daily shares traded30.1M472K
NCMI leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

NCMI leads this category, winning 1 of 1 comparable metric.

Wall Street rates AMC as "Hold" and NCMI as "Hold". Consensus price targets imply 102.2% upside for NCMI (target: $8) vs 31.6% for AMC (target: $2). NCMI is the only dividend payer here at 3.26% yield — a key consideration for income-focused portfolios.

MetricAMC logoAMCAMC Entertainment…NCMI logoNCMINational CineMedi…
Analyst RatingConsensus buy/hold/sellHoldHold
Price TargetConsensus 12-month target$2.00$7.50
# AnalystsCovering analysts2817
Dividend YieldAnnual dividend ÷ price+3.3%
Dividend StreakConsecutive years of raises01
Dividend / ShareAnnual DPS$0.12
Buyback YieldShare repurchases ÷ mkt cap0.0%+6.4%
NCMI leads this category, winning 1 of 1 comparable metric.
Key Takeaway

NCMI leads in 4 of 6 categories (Profitability & Efficiency, Total Returns). AMC leads in 2 (Income & Cash Flow, Valuation Metrics).

Best OverallNational CineMedia, Inc. (NCMI)Leads 4 of 6 categories
Loading custom metrics...

AMC vs NCMI: Frequently Asked Questions

8 questions · data-driven answers · updated daily

01

Is AMC or NCMI a better buy right now?

For growth investors, AMC Entertainment Holdings, Inc.

(AMC) is the stronger pick with 4. 6% revenue growth year-over-year, versus 1. 0% for National CineMedia, Inc. (NCMI). Analysts rate AMC Entertainment Holdings, Inc. (AMC) a "Hold" — based on 28 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which is the better long-term investment — AMC or NCMI?

Over the past 5 years, National CineMedia, Inc.

(NCMI) delivered a total return of -85. 3%, compared to -98. 4% for AMC Entertainment Holdings, Inc. (AMC). Over 10 years, the gap is even starker: NCMI returned -71. 0% versus AMC's -84. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — AMC or NCMI?

By beta (market sensitivity over 5 years), National CineMedia, Inc.

(NCMI) is the lower-risk stock at 1. 26β versus AMC Entertainment Holdings, Inc. 's 1. 82β — meaning AMC is approximately 44% more volatile than NCMI relative to the S&P 500.

04

Which is growing faster — AMC or NCMI?

By revenue growth (latest reported year), AMC Entertainment Holdings, Inc.

(AMC) is pulling ahead at 4. 6% versus 1. 0% for National CineMedia, Inc. (NCMI). On earnings-per-share growth, the picture is similar: National CineMedia, Inc. grew EPS 52. 2% year-over-year, compared to -16. 0% for AMC Entertainment Holdings, Inc.. Over a 3-year CAGR, AMC leads at 7. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

05

Which has better profit margins — AMC or NCMI?

National CineMedia, Inc.

(NCMI) is the more profitable company, earning -4. 4% net margin versus -13. 0% for AMC Entertainment Holdings, Inc. — meaning it keeps -4. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: AMC leads at 38. 1% versus -5. 7% for NCMI. At the gross margin level — before operating expenses — AMC leads at 75. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

06

Which pays a better dividend — AMC or NCMI?

In this comparison, NCMI (3.

3% yield) pays a dividend. AMC does not pay a meaningful dividend and should not be held primarily for income.

07

Is AMC or NCMI better for a retirement portfolio?

For long-horizon retirement investors, National CineMedia, Inc.

(NCMI) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 26), 3. 3% yield). AMC Entertainment Holdings, Inc. (AMC) carries a higher beta of 1. 82 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (NCMI: -71. 0%, AMC: -84. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

08

What are the main differences between AMC and NCMI?

Both stocks operate in the Communication Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: AMC is a small-cap quality compounder stock; NCMI is a small-cap income-oriented stock. NCMI pays a dividend while AMC does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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AMC

High-Growth Disruptor

  • Sector: Communication Services
  • Market Cap > $100B
  • Revenue Growth > 10%
  • Gross Margin > 45%
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NCMI

Income & Dividend Stock

  • Sector: Communication Services
  • Market Cap > $100B
  • Revenue Growth > 5%
  • Gross Margin > 18%
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