NCMI
National CineMedia, Inc.
NCMI trails on the overall score without a compensating advantage in the available component scores.
TMUS
T-Mobile US, Inc.
TMUS has the edge over NCMI overall, supported by stronger valuation and lower modeled downside.
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.
TMUS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Strong |
TMUS's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
NCMI PE Valuation
NCMI has no meaningful PE right now: it lost money over the past year.
TMUS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 13x | $171 | — |
| Current | 16x | $171 | — |
| Cheap | 21x | $218 | +27% |
| Fair | 26x | $274 | +60% |
| Expensive | 56x | $581 | +240% |
Historical ranges are pointers, not guarantees.
TMUS's PE is in its cheap range at 16x. If earnings grow as analysts expect, today's price would be 13x next year's earnings.
NCMI Forward outlook
There aren't enough analyst estimates for NCMI to show an outlook.
TMUS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for TMUS, with profitability improving.
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.
TMUS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.49 | +30% |
| Q3 2026 | $10.37 | -0.2% |
| Q2 2026 | $9.56 | -9.7% |
| Q1 2026 | $9.41 | -8.1% |
| Q4 2025 | $9.72 | +0.6% |
| Q3 2025 | $10.39 | +18% |
| Q2 2025 | $10.59 | +33% |
| Q1 2025 | $10.24 | +39% |
| Q4 2024 | $9.66 | +39% |
TMUS has the edge over NCMI on earnings quality, reporting a profit while its opponent remains loss making.
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.
TMUS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $23.6B | +7.4% |
| Q2 2026 | $22.8B | +7.9% |
| Q1 2026 | $23.1B | +11% |
| Q4 2025 | $24.3B | +11% |
| Q3 2025 | $22B | +8.9% |
| Q2 2025 | $21.1B | +6.9% |
| Q1 2025 | $20.9B | +6.6% |
| Q4 2024 | $21.9B | +6.8% |
TMUS has the edge over NCMI on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 24% | +3.4 points |
| Q2 2026 | 24% | -0.6 points |
| Q1 2026 | 19% | -3.5 points |
| Q4 2025 | 15% | -5.6 points |
| Q3 2025 | 21% | -3.2 points |
| Q2 2025 | 25% | +1.3 points |
| Q1 2025 | 23% | +2.6 points |
| Q4 2024 | 21% | +4 points |
TMUS has the edge over NCMI on profitability, with a higher operating margin.
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.
TMUS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $5.1B | +5.3% |
| Q2 2026 | $4.8B | +4.4% |
| Q1 2026 | $4.6B | +4.6% |
| Q4 2025 | $4.2B | +25% |
| Q3 2025 | $4.8B | +15% |
| Q2 2025 | $4.6B | +32% |
| Q1 2025 | $4.4B | +79% |
| Q4 2024 | $3.3B | +2% |
TMUS has the edge over NCMI on cash flow, with more consistent year-over-year improvement.
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.
TMUS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -10.8M shares |
| 1 year | -4.9% | -55M shares |
| 3 years | -8.8% | -103M shares |
| 5 years | -15% | -182M shares |
| Available history | +24% | +207M shares |
TMUS has the edge over NCMI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $2.4B |
| Q2 2026 | $2.3B |
| Q1 2026 | $4.8B |
| Q4 2025 | $2.4B |
| Q3 2025 | $2.5B |
| Q2 2025 | $2.6B |
| Q1 2025 | $2.5B |
| Q4 2024 | $4.7B |
TMUS spent $12B buying back its own shares over the past year, down 1.7% 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 the edge over TMUS on leverage, with a lower net debt burden relative to earnings.
TMUS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.0x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | -0.0x | Net Cash |
| Q4 2025 | 2.5x | Moderate |
| Q3 2025 | 0.1x | Very low |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | 2.4x | Moderate |
TMUS's net debt is less than a year of its operating earnings (EBITDA).
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).
TMUS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.9 | Neutral |
| Stochastic | 42.1 | Neutral |
TMUS's weekly RSI is 48 (neutral) and its Stochastic is 42 (neutral).
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.
TMUS PE vs Communication Services Sector
| Metric | TMUS | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 16x | Same PE |
| PE % | 1 | 26 | 25 pts below |
TMUS is trading at 16x earnings, in line with the Communication Services sector's median of 16x.
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.
TMUS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $159.1 | 7.5% above |
| 20 week MA | $172.0 | 0.5% below |
| 50 week MA | $187.8 | 8.9% below |
| 100 week MA | $212.9 | 20% below |
| 200 week MA | $188.7 | 9.4% below |
TMUS has the edge over NCMI on trend strength, trading above more of its moving averages.
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.
TMUS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $77.2 | $132.9 | +72% |
| 2021 | $132.9 | $119.9 | -9.8% |
| 2022 | $119.9 | $140.0 | +17% |
| 2023 | $140.0 | $160.3 | +15% |
| 2024 | $160.3 | $223.0 | +39% |
| 2025 | $223.0 | $201.0 | -9.9% |
| 2026 YTD | $201.0 | $171.0 | -15% |
TMUS has the edge over NCMI on returns for 2026, with the stronger performance.