Cinemark Holdings Inc (CNK) vs Sphere Entertainment Co. (SPHR)

Cinemark Holdings Inc and Sphere Entertainment Co. are both Entertainment companies. Sphere Entertainment Co. is the larger, with a market value of $5.0B against $4.3B — 1.2× the size. Sphere Entertainment Co. has negative trailing earnings, so its P/E is not meaningful; Cinemark Holdings Inc trades at 20.3×. Sphere Entertainment Co. grew revenue faster over the last twelve months: 27.5% against 4.54%. Cinemark Holdings Inc has the higher net margin (6.43% vs −5.66%) and the higher return on invested capital (13.9% vs −3.93%). Across the 21 metrics below, Cinemark Holdings Inc leads on 13 and Sphere Entertainment Co. on 8.

Valuation

Metric CNK SPHR Entertainment median
P/E 20.31 n/m 22.03
P/S 1.29 3.76 1.47
P/B 8.61 2.29 2.00
Price to free cash flow 13.77 14.21 16.60
EV/EBITDA 9.40 23.55 9.65
EV/Sales 1.73 3.93 1.76
Earnings yield 4.92% (1.62%) (0.67%)
Free cash flow yield 7.26% 7.04% 3.26%

Profitability

Metric CNK SPHR Entertainment median
Gross margin 39.46% 54.23% 45.02%
Operating margin 12.95% (11.41%) 2.30%
Net margin 6.43% (5.66%) 0.00%
Free cash flow margin 9.39% 26.46% 1.56%
Return on equity 44.98% (3.38%) 0.00%
Return on assets 4.57% (1.87%) 0.00%
Return on invested capital 13.87% (3.93%) 0.00%

Growth

Metric CNK SPHR Entertainment median
Revenue growth (TTM) 4.54% 27.46% 5.07%
EPS growth (last fiscal year) (49.51%) 113.02% —
Revenue growth, 5-year CAGR 35.33% (3.21%) 10.25%
Net income growth, 5-year CAGR 0.00% (28.74%) 0.00%

Health

Metric CNK SPHR Entertainment median
Debt to equity 3.88 0.35 0.46
Current ratio 0.85 1.22 0.86
Net debt to EBITDA 3.17 2.25 0.72

Dividend

Metric CNK SPHR Entertainment median
Dividend yield — — 1.16%
Payout ratio 0.00 0.00 0.00

Size

Metric CNK SPHR Entertainment median
Market cap 4.29b 4.97b 1.87b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack