NCMI
National CineMedia, Inc.
NCMI lost money over the past year, so it has no meaningful PE right now.
NCMI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Stable | |
| Strong |
NCMI's balance sheet is currently strong, and its revenue and cash flow are stable, but its profitability is weak.
NCMI PE Valuation
NCMI has no meaningful PE right now: it lost money over the past year.
NCMI Forward outlook
There aren't enough analyst estimates for NCMI to show an outlook.
NCMI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.30 | -$0.15 |
| Q2 2026 | -$0.10 | +$0.11 |
| Q1 2026 | -$0.10 | +$0.09 |
| Q4 2025 | -$0.11 | +$0.12 |
| Q3 2023 | $31.89 | +$35.09 |
| Q2 2023 | $27.90 | +$31.90 |
| Q1 2023 | -$3.50 | +$3.20 |
| Q4 2022 | -$3.50 | +$2.60 |
NCMI is still losing money, but far less than before: $0.30 per share over the past year, against $11.70 at its worst in late 2021.
NCMI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $61.4M | -3.2% |
| Q2 2026 | $58.4M | +13% |
| Q1 2026 | $34M | -2.6% |
| Q4 2025 | $93.2M | +8% |
| Q3 2025 | $63.4M | +1.6% |
| Q2 2025 | $51.8M | -5.3% |
| Q1 2025 | $34.9M | -6.7% |
| Q4 2024 | $86.3M | -5% |
NCMI's revenue is growing: $61M last quarter, down 3.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -35% | -32 points |
| Q2 2026 | -22% | +1.3 points |
| Q1 2026 | -79% | -11 points |
| Q4 2025 | 26% | +2.5 points |
| Q3 2025 | -2.8% | +9.2 points |
| Q2 2025 | -23% | -6.2 points |
| Q1 2025 | -68% | -7.8 points |
| Q4 2024 | 23% | +0.6 points |
NCMI's operating margin was −35% last quarter, down 32 points from the same quarter a year ago.
NCMI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$3.3M | -$1.3M |
| Q2 2026 | -$2.2M | +$4.4M |
| Q1 2026 | $17.8M | +236% |
| Q4 2025 | $6.1M | -78% |
| Q3 2025 | -$2M | +$600K |
| Q2 2025 | -$6.6M | -203% |
| Q1 2025 | $5.3M | -77% |
| Q4 2024 | $28.1M | +101% |
NCMI usually generates cash, though not every quarter: the latest was −$3M, but it generated $18M over the past year.
NCMI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +355K shares |
| 1 year | -0.3% | -260K shares |
| 3 years | +440% | +76.6M shares |
| 5 years | +1098% | +86.2M shares |
| Available history | +1109% | +86.3M shares |
NCMI has 94M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $200,000 |
| Q1 2026 | $1M |
| Q4 2025 | $3.3M |
| Q3 2025 | — |
| Q2 2025 | $9.9M |
| Q1 2025 | $8.8M |
| Q4 2024 | $2M |
NCMI spent $5M buying back its own shares over the past year, down 78% from the year before.
NCMI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -11.5x | Net Cash |
| Q2 2026 | -1.6x | Net Cash |
| Q1 2026 | -1.8x | Net Cash |
| Q4 2025 | -1.0x | Net Cash |
| Q3 2025 | -1.4x | Net Cash |
| Q2 2025 | -2.1x | Net Cash |
| Q1 2025 | -2.8x | Net Cash |
| Q4 2024 | -2.9x | Net Cash |
NCMI has more cash than debt.
NCMI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.4 | Oversold |
| Stochastic | 5.9 | Oversold |
NCMI's weekly RSI is 29 (oversold) and its Stochastic is 6 (oversold).
NCMI PE vs Communication Services Sector
| Metric | NCMI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
NCMI has no meaningful PE right now: it lost money over the past year.
NCMI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.92 | 11% below |
| 20 week MA | $2.69 | 37% below |
| 50 week MA | $3.19 | 47% below |
| 100 week MA | $4.24 | 60% below |
| 200 week MA | $4.33 | 61% below |
NCMI is in a downtrend: it's below all five of its weekly moving averages, and 61% below its 200-week average.
NCMI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $73.0 | $37.7 | -48% |
| 2021 | $37.7 | $28.6 | -24% |
| 2022 | $28.6 | $2.75 | -90% |
| 2023 | $2.75 | $4.14 | +51% |
| 2024 | $4.14 | $6.61 | +60% |
| 2025 | $6.61 | $3.92 | -41% |
| 2026 YTD | $3.92 | $1.70 | -57% |
NCMI has finished lower in four of the last six years. It's down 57% so far in 2026.