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NCMINational CineMedia, Inc.
$2.24$208M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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NCMI logo

National CineMedia, Inc.

NCMI
NASDAQ · Advertising & Marketing
$2.24
At close - Sep 21, 4:00 PM EDT - USD
Market Cap$210M
P/E-20.4x
52W High$4.91
Volume1.64M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Seasonal Revenue Volatility Challenges Structural Profitability Sustainability

National CineMedia's post-restructuring recovery remains tethered to the cyclicality of the Hollywood blockbuster calendar, which drives extreme quarterly revenue variance between $34.0 million and $93.2 million. While the company has successfully reduced tota...

GrowthMixed
ProfitabilityStrained
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

NCMI price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

5/12 Beats

EPS beat 5 of last 12 quarters

02

Valuation risk

-180% Peers

P/E is 180% below peer median

03

Market leadership

RS 9 · Lag

Laggard (Underperforming 91% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Nov 11

Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
NCMI-40.10%
S&P 500 (^GSPC)+13.22%
1-Year Return
NCMI-51.46%
S&P 500 (^GSPC)+15.99%
3-Year Return
NCMI-46.93%
S&P 500 (^GSPC)+89.98%
5-Year Return
NCMI-86.82%
S&P 500 (^GSPC)+76.35%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-20.2x
Forward P/E
N/A
EV/EBITDA0th %ile
6.5x
FCF YieldCash Flow
1.3%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-20.2x
0.3x
0th· Low
EV/EBITDA
6.5x
26.0x
0th· Low
Price/FCF
74.4x
130.8x
50th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue
$243M+1.0% YoY
Net income
-$11M+52.5% YoY
Free cash flow
$3M-94.9% YoY
Operating margin
-5.7%+2.4 pts YoY
ROIC (TTM)-2.9%
Avg ROIC 5Y-
ROE (TTM)-2.6%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate5/12 (42%)
Revenue Beat Rate8/12 (67%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 11, 2026
-$0.10-17.6%
vs -$0.09
$58M-1.6%
vs $59M
Q2 2026
May 12, 2026
-$0.31-19.2%
vs -$0.26
$34M+3.3%
vs $33M
Q1 2026
Feb 26, 2026
$0.28+12.0%
vs $0.25
$93M+2.5%
vs $91M
Q4 2025
Oct 30, 2025
$0.02+156.6%
vs -$0.03
$63M-31.3%
vs $92M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Benzinga·Aug 12, 2026
National CineMedia Posts Downbeat Q2 Results, Joins Borr Drilling, AbCellera Biologics And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures were mostly higher this morning, with the Nasdaq 100 futures gaining more than 150 points on Wednesday.

Seeking Alpha·Aug 11, 2026
National CineMedia, Inc. (NCMI) Q2 2026 Earnings Call Transcript

National CineMedia, Inc. (NCMI) Q2 2026 Earnings Call Transcript

MarketBeat·Aug 11, 2026
National CineMedia Q2 Earnings Call Highlights

National CineMedia NASDAQ: NCMI reported higher second-quarter revenue and advertising sales as theater attendance increased, while also announcing a definitive agreement to acquire digital elevator and lobby advertising operator Captivate for an enterprise value of $275 million.

Zacks Investment Research·Aug 11, 2026
National CineMedia (NCMI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for National CineMedia (NCMI) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Filtered for National CineMedia, Inc.More Headlines
04

Compare before deciding

Benchmark NCMI against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for National CineMedia, Inc. (NCMI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
NCMI logoNCMINational CineMedia, Inc.Current
$2.24$210.07M-20.361%-4.36%-2.58%5.4%
CCO logoCCOClear Channel Outdoor Holdings, Inc.
$2.38$1.21B-11.336.57%-13.12%——
OUT logoOUTOutfront Media Inc.
$28.22$4.97B32.440.04%12.66%34.66%—
LAMR logoLAMRLamar Advertising Company
$146.08$14.82B25.322.68%23.9%54.77%—
VALU logoVALUValue Line, Inc.
$38.41$360.56M16.70-16.38%60.27%18.43%—
IPG logoIPGThe Interpublic Group of Companies, Inc.
$24.57$8.93B13.43-1.81%5.4%14.61%—

Compare NCMI vs Peers

National CineMedia, Inc. (NCMI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CCO

Most directly comparable listed peer for NCMI.

Scale Benchmark

vs DIS

Larger-name benchmark to compare NCMI against a more recognizable public peer.

Peer Set

Compare Top 5

vs CCO, OUT, LAMR, VALU

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

NCMI SEC Filings & Documents

National CineMedia, Inc. (NCMI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 11, 2026·SEC

Material company update

Aug 11, 2026·SEC

Material company update

May 12, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 26, 2026·SEC

FY 2025

Mar 6, 2025·SEC

FY 2024

Mar 18, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 11, 2026·SEC

FY 2026

May 12, 2026·SEC

FY 2025

Oct 30, 2025·SEC

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NCMI Frequently Asked Questions

National CineMedia, Inc. (NCMI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is National CineMedia, Inc.'s revenue?

National CineMedia, Inc. (NCMI) reported $249.0M in revenue for fiscal year 2025. This represents a 14% increase from $219.3M in 2006.

How fast is National CineMedia, Inc. growing?

National CineMedia, Inc. (NCMI) grew revenue by 1.0% over the past year. Growth has been modest.

Is NCMI profitable?

National CineMedia, Inc. (NCMI) reported a net loss of $7.6M for fiscal year 2025.

Dividend & Returns
Does NCMI pay dividends?

Yes, National CineMedia, Inc. (NCMI) pays a dividend with a yield of 5.40%. This makes it attractive for income-focused investors.

What is NCMI's return on equity?

National CineMedia, Inc. (NCMI) has a return on equity (ROE) of -2.6%. Negative ROE indicates the company is unprofitable.

What is National CineMedia, Inc.'s free cash flow?

National CineMedia, Inc. (NCMI) generated $21.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in NCMI back in 2006?

Total return calculator · dividends reinvested · 20+ years of data

See returns →