Latest Ratios: P/E Ratio 28.3x · EV/EBITDA 12.6x · ROE 27.2%. (2002–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.4B | $3.1B | $4.8B | $2.1B | $1.0B | $1.9B | $2.0B | $3.9B | $4.2B | $4.0B | $4.4B |
| Enterprise Value | $6.9B | $6.6B | $7.2B | $4.8B | $4.1B | $5.1B | $5.3B | $6.8B | $5.8B | $5.3B | $5.9B |
| P/E Ratio → | 28.29 | 22.35 | 15.04 | 10.51 | — | — | — | 20.77 | 19.56 | 15.41 | 17.52 |
| P/S Ratio | 1.10 | 1.00 | 1.57 | 0.70 | 0.42 | 1.25 | 2.96 | 1.20 | 1.30 | 1.35 | 1.52 |
| P/B Ratio | 9.55 | 7.54 | 7.95 | 6.72 | 8.57 | 5.65 | 2.54 | 2.73 | 2.85 | 2.85 | 3.49 |
| P/FCF | 19.39 | 17.61 | 15.22 | 7.26 | 40.46 | 26.73 | — | 15.28 | 19.84 | 27.38 | 35.55 |
| P/OCF | 8.67 | 7.88 | 10.30 | 4.82 | 7.53 | 11.37 | — | 7.02 | 7.51 | 7.65 | 9.83 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.11 | 2.36 | 1.58 | 1.68 | 3.39 | 7.73 | 2.08 | 1.80 | 1.77 | 2.03 |
| EV / EBITDA | 12.64 | 12.06 | 12.93 | 8.34 | 27.80 | 397.51 | — | 11.40 | 8.93 | 8.43 | 9.37 |
| EV / EBIT | 20.11 | 20.66 | 17.19 | 12.29 | — | — | — | 16.99 | 13.16 | 11.76 | 12.63 |
| EV / FCF | — | 37.02 | 22.84 | 16.44 | 163.09 | 72.53 | — | 26.45 | 27.49 | 35.95 | 47.42 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.6% | 18.6% | 64.4% | 18.6% | 64.4% | 66.0% | 65.7% | 63.1% | 63.4% | 62.1% | 61.7% |
| Operating Margin | 11.0% | 11.0% | 11.8% | 12.1% | -3.7% | -16.7% | -110.0% | 10.3% | 12.1% | 13.1% | 14.5% |
| Net Profit Margin | 4.4% | 4.4% | 10.2% | 6.1% | -11.0% | -28.0% | -89.9% | 5.8% | 6.6% | 8.8% | 8.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 27.2% | 27.2% | 67.2% | 85.9% | -119.5% | -74.6% | -54.9% | 13.1% | 14.8% | 19.6% | 21.4% |
| ROA | 2.9% | 2.9% | 6.3% | 3.9% | -5.4% | -7.8% | -10.8% | 3.7% | 4.8% | 6.0% | 6.0% |
| ROIC | 7.5% | 7.5% | 8.9% | 8.9% | -2.0% | -5.0% | -13.5% | 6.8% | 10.1% | 10.8% | 12.0% |
| ROCE | 9.3% | 9.3% | 9.1% | 9.1% | -2.1% | -5.4% | -15.0% | 7.4% | 9.7% | 10.0% | 11.2% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 9.14 | 9.14 | 5.73 | 11.14 | 31.61 | 11.79 | 4.92 | 2.33 | 1.39 | 1.26 | 1.61 |
| Debt / EBITDA | 6.96 | 6.96 | 6.21 | 6.11 | 25.45 | 305.82 | — | 5.63 | 3.14 | 2.84 | 3.23 |
| Net Debt / Equity | — | 8.31 | 3.98 | 8.48 | 25.96 | 9.68 | 4.10 | 1.99 | 1.10 | 0.89 | 1.16 |
| Net Debt / EBITDA | 6.32 | 6.32 | 4.31 | 4.65 | 20.91 | 250.99 | — | 4.82 | 2.48 | 2.01 | 2.35 |
| Debt / FCF | — | 19.40 | 7.61 | 9.17 | 122.63 | 45.80 | — | 11.17 | 7.65 | 8.57 | 11.87 |
| Interest Coverage | 1.94 | 1.94 | 2.52 | 2.28 | -0.48 | -1.53 | -5.04 | 3.13 | 3.40 | 4.26 | 4.33 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.71 | 0.71 | 1.01 | 1.45 | 1.22 | 1.14 | 1.47 | 0.90 | 1.18 | 1.11 | 1.53 |
| Quick Ratio | 0.67 | 0.67 | 0.99 | 1.42 | 1.19 | 1.12 | 1.45 | 0.87 | 1.14 | 1.08 | 1.49 |
| Cash Ratio | 0.41 | 0.41 | 0.82 | 1.16 | 0.95 | 0.92 | 1.08 | 0.69 | 0.90 | 1.11 | 1.27 |
| Asset Turnover | — | 0.70 | 0.60 | 0.63 | 0.51 | 0.29 | 0.12 | 0.56 | 0.72 | 0.67 | 0.68 |
| Inventory Turnover | 87.19 | 87.19 | 35.00 | 107.13 | 36.86 | 33.09 | 18.69 | 55.81 | 61.12 | 64.71 | 65.86 |
| Days Sales Outstanding | — | 20.85 | 19.31 | 16.32 | 17.06 | 27.89 | 101.27 | 9.76 | 11.14 | 12.32 | 10.30 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.0% | 1.2% | — | — | — | — | 2.1% | 4.0% | 3.6% | 3.3% | 2.8% |
| Payout Ratio | 28.1% | 28.1% | — | — | — | — | — | 83.2% | 69.9% | 51.1% | 49.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.5% | 4.5% | 6.6% | 9.5% | — | — | — | 4.8% | 5.1% | 6.5% | 5.7% |
| FCF Yield | 5.2% | 5.7% | 6.6% | 13.8% | 2.5% | 3.7% | — | 6.5% | 5.0% | 3.7% | 2.8% |
| Buyback Yield | 8.0% | 8.8% | 0.1% | 0.1% | 0.4% | 0.2% | 0.3% | 0.1% | 0.1% | 0.1% | 0.2% |
| Total Shareholder Yield | 9.0% | 10.1% | 0.1% | 0.1% | 0.4% | 0.2% | 2.3% | 4.1% | 3.6% | 3.4% | 3.0% |
| Shares Outstanding | — | $134M | $155M | $152M | $118M | $117M | $117M | $117M | $117M | $116M | $116M |
High leverage and seasonality
Based on recent financial data, Cinemark's forward P/E of 15.61 suggests that investors are pricing in a recovery in theatrical attendance, yet the current P/S ratio of 1.25 remains compressed compared to historical norms, indicating significant skepticism regarding the sustainability of long-term revenue growth.
The valuation multiples appear to be heavily influenced by the volatility of the theatrical release slate, which complicates the reliability of forward-looking earnings estimates. Investors should monitor whether the current P/E premium over distressed peers is justified by Cinemark's superior operational footprint or if it represents an overvaluation of a business model facing structural headwinds.
As reported in quarterly filings, Cinemark's ROIC has struggled to maintain positive momentum, hovering at a marginal 0.6% in 2026Q1, which suggests that the company is failing to generate returns that exceed its cost of capital in the current high-interest rate environment.
The persistent decay in ROIC appears to be driven by the heavy capital intensity required to maintain theater quality alongside stagnant attendance levels. This trend warrants further investigation into whether management's focus on seat upgrades is yielding the expected incremental returns or if it is merely a defensive measure to prevent further market share erosion.
According to recent financial statements, Cinemark's cash conversion cycle has shown extreme volatility, reaching -73 days in 2026Q1, which suggests that the company is heavily reliant on delaying payments to suppliers to manage its liquidity position during periods of low box office performance.
The reliance on extended DPO to manage cash flow may indicate limited bargaining power with major studios or a strategic necessity to preserve liquidity. Investors should monitor whether this aggressive working capital management is sustainable or if it risks damaging critical relationships with film distributors who control the company's primary inventory.
Based on reported figures, Cinemark's debt-to-EBITDA ratio of 26.38 in 2026Q1 highlights a highly leveraged capital structure that leaves the company with minimal room for error, especially when compared to the more conservative balance sheets of broader entertainment industry peers.
The elevated leverage appears to be a significant drag on financial flexibility, potentially limiting the company's ability to pursue growth initiatives or weather prolonged industry downturns. The interest coverage ratio, which has trended toward 0.64, suggests that debt service is becoming increasingly burdensome and warrants close monitoring for potential refinancing risks.
As indicated by the company's erratic earnings history, the P/E ratio is frequently misapplied to Cinemark, as it fails to account for the massive non-cash depreciation and amortization charges associated with the company's extensive theater real estate and long-term lease obligations.
Analysts should prioritize EV/EBITDA or P/FCF over P/E to better capture the company's true operational cash generation, as GAAP net income is often distorted by one-time impairment charges and lease accounting nuances. Relying on P/E may lead to a fundamental misunderstanding of the company's ability to service its debt and fund necessary capital expenditures.
Includes 30+ ratios · 23 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying CNK stock.
Cinemark Holdings, Inc.'s current P/E ratio is 28.3x. The historical average is 18.0x. This places it at the 100th percentile of its historical range.
Cinemark Holdings, Inc.'s current EV/EBITDA is 12.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.4x.
Cinemark Holdings, Inc.'s return on equity (ROE) is 27.2%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 13.7%.
Based on historical data, Cinemark Holdings, Inc. is trading at a P/E of 28.3x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Cinemark Holdings, Inc.'s current dividend yield is 0.98% with a payout ratio of 28.1%.
Cinemark Holdings, Inc. has 18.6% gross margin and 11.0% operating margin. Operating margin between 10-20% is typical for established companies.
Cinemark Holdings, Inc.'s Debt/EBITDA ratio is 7.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.