AMC
AMC Entertainment Holdings, Inc.
AMC has the edge over TDS overall, supported by stronger fundamentals and stronger modeled upside.
TDS
Telephone and Data Systems, Inc.
TDS has lower modeled downside risk, despite its lower overall score.
AMC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Stable | |
| Under pressure |
AMC's revenue is currently healthy, and its profitability and cash flow are stable, but its balance sheet is under pressure.
TDS Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Strong | |
| Weak | |
| Strong |
TDS's profitability and balance sheet are currently strong, but its revenue and cash flow are under pressure.
AMC PE Valuation
AMC has no meaningful PE right now: it lost money over the past year.
TDS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 7.5x | $30.73 | — |
| Cheap | 12x | $48.62 | +58% |
| Fair | 17x | $71.06 | +131% |
| Expensive | 23x | $94.77 | +208% |
| Forward | 116x | $30.73 | — |
Historical ranges are pointers, not guarantees.
TDS's PE is in its cheap range at 7.5x, but its recent earnings include one-off gains. On analysts' estimates for next year's earnings, today's price would be 116x, in its expensive range.
AMC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
AMC has the edge over TDS on the outlook, with more favorable revenue expectations.
TDS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Returning to profit | |
| Stable | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect TDS to return to profit, with revenue holding steady.
AMC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.40 | +$0.94 |
| Q2 2026 | -$1.10 | -$0.28 |
| Q1 2026 | -$1.09 | -$0.18 |
| Q4 2025 | -$1.34 | -$0.28 |
| Q3 2025 | -$1.34 | +$0.29 |
| Q2 2025 | -$0.82 | +$0.67 |
| Q1 2025 | -$0.91 | +$0.38 |
| Q4 2024 | -$1.06 | +$1.31 |
AMC lost $0.40 per share over the past year, a smaller loss than the year before.
TDS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.26 | -94% |
| Q3 2026 | $4.09 | +$5.16 |
| Q2 2026 | $3.00 | +$3.96 |
| Q1 2026 | $0.53 | +$1.57 |
| Q4 2025 | -$0.65 | +$0.20 |
| Q3 2025 | -$1.07 | +$4.34 |
| Q2 2025 | -$0.96 | +$3.88 |
| Q1 2025 | -$1.04 | +$3.84 |
| Q4 2024 | -$0.85 | +$4.21 |
TDS has the edge over AMC on earnings quality, reporting a profit while its opponent remains loss making.
AMC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.7B | +32% |
| Q2 2026 | $1.6B | +14% |
| Q1 2026 | $1B | +21% |
| Q4 2025 | $1.3B | -1.4% |
| Q3 2025 | $1.3B | -3.6% |
| Q2 2025 | $1.4B | +36% |
| Q1 2025 | $862.5M | -9.3% |
| Q4 2024 | $1.3B | +18% |
AMC has the edge over TDS on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +12 points |
| Q2 2026 | 15% | +8.3 points |
| Q1 2026 | -4.4% | +13 points |
| Q4 2025 | 0% | -0.3 points |
| Q3 2025 | 2.8% | -2.6 points |
| Q2 2025 | 6.6% | +11 points |
| Q1 2025 | -17% | -5.5 points |
| Q4 2024 | 0.4% | +14 points |
AMC has the edge over TDS on profitability, with a higher operating margin.
TDS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $306.7M | -0.6% |
| Q2 2026 | $309.3M | -74% |
| Q1 2026 | $309.5M | -73% |
| Q4 2025 | $330.7M | -73% |
| Q3 2025 | $308.5M | -75% |
| Q2 2025 | $1.2B | -4.2% |
| Q1 2025 | $1.2B | -8.6% |
| Q4 2024 | $1.2B | -5.5% |
TDS's revenue has slid since its 2022 peak: $307M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -9.8% | +12 points |
| Q2 2026 | 121% | +117 points |
| Q1 2026 | 46% | +43 points |
| Q4 2025 | 5.1% | +2.2 points |
| Q3 2025 | -22% | -16 points |
| Q2 2025 | 3.4% | +0.2 points |
| Q1 2025 | 3% | -2.3 points |
| Q4 2024 | 2.9% | +43 points |
TDS's operating margin was −9.8% last quarter, up 12 points from the same quarter a year ago, near the bottom of its range since 2019.
AMC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $109.3M | +$190.4M |
| Q2 2026 | $190.1M | +114% |
| Q1 2026 | -$174.7M | +$242.3M |
| Q4 2025 | $43.3M | -62% |
| Q3 2025 | -$81.1M | +$11.1M |
| Q2 2025 | $88.9M | +$168.1M |
| Q1 2025 | -$417M | -$178.2M |
| Q4 2024 | $113.9M | +$263.8M |
AMC has the edge over TDS on cash generation, producing positive trailing cash flow while its opponent burns cash.
TDS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$305.5M | -$292.8M |
| Q2 2026 | -$113.3M | -143% |
| Q1 2026 | -$81.6M | -243% |
| Q4 2025 | -$108.9M | -$91.9M |
| Q3 2025 | -$12.7M | -112% |
| Q2 2025 | $264M | +42% |
| Q1 2025 | $57M | +$68M |
| Q4 2024 | -$17M | +$69M |
TDS has burned cash in six of the last eight quarters: −$609M over the past year, against $291M the year before.
AMC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +24% | +175M shares |
| 1 year | +107% | +463M shares |
| 3 years | +767% | +793M shares |
| 5 years | +4063% | +875M shares |
AMC has 897M diluted shares, up 107% from a year ago.
TDS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.1% | -1.3M shares |
| 1 year | -3.2% | -3.8M shares |
| 3 years | +1.8% | +2M shares |
| 5 years | -0.9% | -1M shares |
| Available history | -0.9% | -1M shares |
TDS has the edge over AMC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | $67.4M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | $3M |
AMC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.0x | Elevated |
| Q2 2026 | 5.7x | High |
| Q1 2026 | 9.2x | High |
| Q4 2025 | 12.2x | High |
| Q3 2025 | 12.2x | High |
| Q2 2025 | 10.7x | High |
| Q1 2025 | 18.6x | High |
| Q4 2024 | 14.3x | High |
AMC's net debt is about 4.0 years of its operating earnings (EBITDA), down from 12 years a year ago.
TDS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -1.8x | Net Cash |
| Q1 2026 | -1.1x | Net Cash |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | -0.1x | Net Cash |
| Q2 2025 | 3.6x | Elevated |
| Q1 2025 | 3.8x | Elevated |
| Q4 2024 | 3.7x | Elevated |
TDS has the edge over AMC on leverage, with a lower net debt burden relative to earnings.
AMC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 67.3 | Neutral |
| Stochastic | 65.4 | Neutral |
AMC's weekly RSI is 67 (neutral) and its Stochastic is 65 (neutral).
TDS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.6 | Neutral |
| Stochastic | 25.1 | Neutral |
TDS's weekly RSI is 34 (neutral) and its Stochastic is 25 (neutral).
AMC PE vs Communication Services Sector
AMC has no meaningful PE right now: it lost money over the past year.
TDS PE vs Communication Services Sector
| Metric | TDS | Sector median | Relative |
|---|---|---|---|
| PE | 7.5x | 16x | 54% below |
| PE % | 0 | 26 | 26 pts below |
TDS is trading at 7.5x earnings, a 54% discount to the Communication Services sector's median of 16x, though its recent earnings include one-off gains.
AMC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.01 | 11% above |
| 20 week MA | $2.64 | 27% above |
| 50 week MA | $2.01 | 66% above |
| 100 week MA | $2.53 | 32% above |
| 200 week MA | $10.9 | 69% below |
AMC has the edge over TDS on trend strength, trading above more of its moving averages.
TDS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $34.0 | 9.6% below |
| 20 week MA | $34.6 | 11% below |
| 50 week MA | $39.4 | 22% below |
| 100 week MA | $38.1 | 19% below |
| 200 week MA | $27.8 | 11% above |
TDS has fallen below most of its moving averages, though it's still 11% above its 200-week average.
AMC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $36.5 | $12.6 | -66% |
| 2021 | $12.6 | $142.6 | +1036% |
| 2022 | $142.6 | $44.0 | -69% |
| 2023 | $44.0 | $6.12 | -86% |
| 2024 | $6.12 | $4.00 | -35% |
| 2025 | $4.00 | $1.69 | -58% |
| 2026 YTD | $1.69 | $3.34 | +98% |
AMC has the edge over TDS on returns for 2026, with the stronger performance.
TDS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $24.9 | $18.3 | -27% |
| 2021 | $18.3 | $20.6 | +13% |
| 2022 | $20.6 | $10.6 | -49% |
| 2023 | $10.6 | $18.4 | +74% |
| 2024 | $18.4 | $34.8 | +90% |
| 2025 | $34.8 | $40.3 | +16% |
| 2026 YTD | $40.3 | $30.7 | -24% |
TDS has finished higher in four of the last six years, two of them by more than 50%. It's down 24% so far in 2026.