IMAX Corporation

NYSE:IMAX Stock Report

Market Cap: US$2.8b

IMAX Valuation

Is IMAX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of IMAX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: IMAX ($52.09) is trading below our estimate of future cash flow value ($56.23)

Significantly Below Future Cash Flow Value: IMAX is trading below future cash flow value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for IMAX?

Key metric: As IMAX is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for IMAX. This is calculated by dividing IMAX's market cap by their current earnings.
What is IMAX's PE Ratio?
PE Ratio69.8x
EarningsUS$40.92m
Market CapUS$2.82b

Price to Earnings Ratio vs Peers

How does IMAX's PE Ratio compare to its peers?

The above table shows the PE ratio for IMAX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.5x
MSGE Madison Square Garden Entertainment
56.6x26.56%US$3.6b
CNK Cinemark Holdings
18.8x11.07%US$4.0b
MCS Marcus
36.9x20.80%US$837.1m
TME Tencent Music Entertainment Group
9.9x7.43%US$13.0b
IMAX IMAX
69.8x21.65%US$2.8b

Price-To-Earnings vs Peers: IMAX is expensive based on its Price-To-Earnings Ratio (69.8x) compared to the peer average (30.5x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does IMAX's PE Ratio compare vs other companies in the US Entertainment Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SOHU Sohu.com
1.6x-148.70%US$351.93m
GDEV GDEV
2.6x19.94%US$216.72m
RDBX Redbox Entertainment
1.2x-121.78%US$76.65m
SOGP Sound Group
1.2xn/aUS$49.72m
IMAX 69.8xIndustry Avg. 21.6xNo. of Companies7PE020406080100+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: IMAX is expensive based on its Price-To-Earnings Ratio (69.8x) compared to the US Entertainment industry average (21.6x).

Price to Earnings Ratio vs Fair Ratio

What is IMAX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IMAX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio69.8x
Fair PE Ratio21.4x

Price-To-Earnings vs Fair Ratio: IMAX is expensive based on its Price-To-Earnings Ratio (69.8x) compared to the estimated Fair Price-To-Earnings Ratio (21.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst IMAX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$52.09
US$56.11
+7.71%
12.42%US$69.19US$45.00n/a11
Sep ’27US$51.13
US$53.56
+4.76%
14.00%US$69.19US$42.00n/a11
Aug ’27US$47.84
US$50.27
+5.09%
8.65%US$60.00US$42.00n/a11
Jul ’27US$40.40
US$47.64
+17.91%
9.27%US$60.00US$41.00n/a11
Jun ’27US$40.49
US$46.82
+15.63%
9.59%US$60.00US$41.00n/a11
May ’27US$36.51
US$45.36
+24.25%
3.79%US$47.00US$41.00n/a11
Apr ’27US$38.64
US$45.00
+16.46%
4.74%US$48.00US$41.00n/a11
Mar ’27US$42.83
US$45.00
+5.07%
4.74%US$48.00US$41.00n/a11
Feb ’27US$34.91
US$44.09
+26.30%
6.59%US$47.00US$37.00n/a11
Jan ’27US$36.96
US$43.18
+16.83%
7.83%US$47.00US$36.00n/a11
Dec ’26US$36.84
US$38.27
+3.89%
7.31%US$42.00US$32.00n/a11
Nov ’26US$32.49
US$37.18
+14.44%
14.50%US$42.00US$22.00n/a11
Oct ’26US$32.99
US$33.64
+1.96%
17.07%US$39.00US$18.00n/a11
Sep ’26US$28.56
US$32.82
+14.91%
16.43%US$38.00US$18.00US$51.1311
Aug ’26US$25.20
US$32.82
+30.23%
16.43%US$38.00US$18.00US$47.8411
Jul ’26US$27.33
US$30.55
+11.77%
17.62%US$36.00US$16.00US$40.4011
Jun ’26US$27.85
US$30.18
+8.37%
17.00%US$36.00US$16.00US$40.4911
May ’26US$24.15
US$29.60
+22.57%
16.97%US$35.00US$16.00US$36.5110
Apr ’26US$26.58
US$29.70
+11.74%
16.70%US$35.00US$16.00US$38.6410
Mar ’26US$25.60
US$29.70
+16.02%
16.70%US$35.00US$16.00US$42.8310
Feb ’26US$23.55
US$27.60
+17.20%
15.89%US$32.00US$16.00US$34.9110
Jan ’26US$25.60
US$27.27
+6.53%
17.35%US$33.00US$16.00US$36.9611
Dec ’25US$26.32
US$26.64
+1.20%
16.81%US$33.00US$16.00US$36.8411
Nov ’25US$24.06
US$25.82
+7.31%
14.57%US$30.00US$16.00US$32.4911
Oct ’25US$20.12
US$24.91
+23.80%
14.97%US$30.00US$16.00US$32.9911
Sep ’25US$21.19
US$24.73
+16.69%
15.91%US$30.00US$15.00US$28.5611
US$56.11
Fair Value
7.2% undervalued intrinsic discount
11
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/11 22:07
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

IMAX Corporation is covered by 20 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Marla BackerAscendiant Capital Markets LLC
David McFadgenATB Cormark Historical (Cormark Securities)
Patrick ShollBarrington Research Associates, Inc.