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AMC vs NCMI
Revenue, margins, valuation, and 5-year total return — side by side.
Advertising Agencies
AMC vs NCMI — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Entertainment | Advertising Agencies |
| Market Cap | $930M | $346M |
| Revenue (TTM) | $5.03B | $243M |
| Net Income (TTM) | $-547M | $-11M |
| Gross Margin | 75.3% | 30.3% |
| Operating Margin | 46.5% | -5.7% |
| Total Debt | $8.14B | $23M |
| Cash & Equiv. | $429M | $75M |
AMC vs NCMI — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| AMC Entertainment H… (AMC) | 100 | 3.0 | -97.0% |
| National CineMedia,… (NCMI) | 100 | 13.5 | -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.
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%
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
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 4.6% revenue growth vs NCMI's 1.0% | |
| Quality / Margins | -4.4% margin vs AMC's -10.9% | |
| Stability / Safety | Beta 1.26 vs AMC's 1.82 | |
| Dividends | 3.3% yield; 1-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | -25.3% vs AMC's -43.9% | |
| Efficiency (ROA) | -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
AMC vs NCMI — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
AMC leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
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.
| Metric | ||
|---|---|---|
| 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% |
Valuation Metrics
AMC leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
On an enterprise value basis, AMC's 4.7x EV/EBITDA is more attractive than NCMI's 12.2x.
| Metric | ||
|---|---|---|
| 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 multiple | 4.67x | 12.23x |
| Price / SalesMarket cap ÷ Revenue | 0.19x | 1.42x |
| Price / BookPrice ÷ Book value/share | — | 0.85x |
| Price / FCFMarket cap ÷ FCF | — | 123.60x |
Profitability & Efficiency
NCMI leads this category, winning 4 of 7 comparable metrics.
Profitability & Efficiency
On the Piotroski fundamental quality scale (0–9), NCMI scores 7/9 vs AMC's 3/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| 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 0–9 | 3 | 7 |
| Debt / EquityFinancial leverage | — | 0.05x |
| 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 expense | 0.35x | -23.17x |
Total Returns (Dividends Reinvested)
NCMI leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
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.
| Metric | ||
|---|---|---|
| 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% |
Risk & Volatility
NCMI leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
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.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.82x | 1.26x |
| 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 0–100 | 60.0 | 58.3 |
| Avg Volume (50D)Average daily shares traded | 30.1M | 472K |
Analyst Outlook
NCMI leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
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.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold |
| Price TargetConsensus 12-month target | $2.00 | $7.50 |
| # AnalystsCovering analysts | 28 | 17 |
| Dividend YieldAnnual dividend ÷ price | — | +3.3% |
| Dividend StreakConsecutive years of raises | 0 | 1 |
| Dividend / ShareAnnual DPS | — | $0.12 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +6.4% |
NCMI leads in 4 of 6 categories (Profitability & Efficiency, Total Returns). AMC leads in 2 (Income & Cash Flow, Valuation Metrics).
AMC vs NCMI: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is 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.
02Which 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.
03Which 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.
04Which 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.
05Which 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.
06Which 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.
07Is 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.
08What 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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- Sector: Communication Services
- Market Cap > $100B
- Revenue Growth > 10%
- Gross Margin > 45%
- Sector: Communication Services
- Market Cap > $100B
- Revenue Growth > 5%
- Gross Margin > 18%
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