NCMI · National CineMedia, Inc.
Price & Indicators
Raw chart and full-history price indicators begin at the captured split on Aug 4, 2023; bars on opposite sides are not compared.
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 11, 2026TL;DR. NCM posted Q2 revenue up 12.7% to $58.4M with adjusted OIBDA up 200% to $2.1M and announced a transformative $275M acquisition of Captivate, while taking on ~3.9x net leverage at close, pausing its dividend and share repurchase programs, and withdrawing forward guidance.
- + Announced transformative $275M acquisition of Captivate, creating a leading premium video and DOOH platform with 48,000+ screens across 185 DMAs
- + Captivate is financially attractive with ~30% adjusted EBITDA margins, only ~$3M annual capex, and 40% revenue / 50%+ EBITDA growth over two years
- + Q2 revenue grew 12.7% YoY to $58.4M and adjusted OIBDA tripled to $2.1M, with attendance up 19.3%
- + Local advertising revenue grew 48.4% YoY to $9.5M with local revenue per attendee up 24%
- + Programmatic revenue grew 45% YoY and SSP relationships now cover 90% of programmatic digital out-of-home market
- + Strong Q3 box office momentum with Spider-Man: Brand New Day achieving the highest domestic opening weekend in box office history
- − Incurring $275M of new debt for the Captivate acquisition, driving expected net leverage at close to approximately 3.9x
- − Pausing both the quarterly dividend and share repurchase programs, with free cash flow prioritized for debt repayment
- − Withdrawing forward outlook due to pending Captivate transaction, leaving investors without guidance
- − June film slate composition and FIFA World Cup created near-term advertising yield headwinds, reducing utilization
- − Several mainstream studio releases underperformed expectations during the quarter
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
Advertising Agencies — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
NCMI
this stock
National CineMedia, Inc.
|
$227.65M | -37.8% | +13.3% | — | 7.8% |
|
APP
AppLovin Corp
|
$108.41B | -51.9% | +70.0% | 24.9 | 3.2% |
|
OMC
Omnicom Group Inc.
|
$22.52B | -2.2% | +10.1% | — | 9.4% |
|
TTD
Trade Desk, Inc.
|
$6.74B | -62.2% | +18.5% | 17.1 | 18.7% |
|
WPP
WPP plc
|
$5.39B | +11.2% | — | — | 0.8% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
Raw-price comparisons begin at the captured split on Aug 4, 2023; windows that need an earlier baseline remain unavailable.
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| NCMI | -2.8% | -9.7% | -24.6% | -4.0% | -37.8% |
| SPY | -1.2% | -1.8% | +17.8% | -0.4% | +12.1% |
| vs SPY | -1.7% | -8.0% | -42.5% | -3.6% | -49.9% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.