National CineMedia - Public Comps and Valuation Multiples

National CineMedia Overview

About National CineMedia

National CineMedia Inc is a cinema advertising platform in the U.S. It derives revenue from the sale of advertising to national, regional and local businesses through The Noovie Show, the cinema advertising and entertainment show seen on movie screens across the U.S., on LEN, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theater lobbies.

Founded

2006

HQ

Employees

254

Website

ncm.com

Sectors

Advertising & Marketing
Service Providers

Financials

LTM Revenue $246M

LTM EBITDA $41.7M

EV

$430M

Valuation Multiples

Multiples.vc

Valuation Multiples for 15K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Browse Valuation Multiples

National CineMedia Financials

As of August 2025, National CineMedia reported last 12-month revenue of $246M and EBITDA of $41.7M.

In the same period, National CineMedia achieved -$16.5M in LTM net income.

See National CineMedia valuation multiples based on analyst estimates

National CineMedia P&L

In the most recent fiscal year, National CineMedia reported revenue of $241M and EBITDA of $22.0M.

National CineMedia expects next 12-month revenue of XXX and NTM EBITDA of XXX

See National CineMedia valuation multiples based on analyst estimates

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Revenue	$246M	XXX	$241M	XXX	XXX	XXX
Gross Profit	n/a	XXX	$115M	XXX	XXX	XXX
Gross Margin	n/a	XXX	48%	XXX	XXX	XXX
EBITDA	$41.7M	XXX	$22.0M	XXX	XXX	XXX
EBITDA Margin	17%	XXX	9%	XXX	XXX	XXX
EBIT	-$12.9M	XXX	-$19.5M	XXX	XXX	XXX
EBIT Margin	-5%	XXX	-8%	XXX	XXX	XXX
Net Profit	-$16.5M	XXX	-$22.3M	XXX	XXX	XXX
Net Margin	-7%	XXX	-9%	XXX	XXX	XXX
Net Debt	XXX	XXX	n/a	XXX	XXX	XXX

Financial data powered by Morningstar, Inc.

.seo-only-financials-wrapper { position: static; left: auto; width: auto; height: auto; overflow: visible; }

Financial performance metrics for National CineMedia including revenue, profitability, and margin analysis across different time periods. The company reported last twelve months revenue of $246M. EBITDA for the last twelve months was $41.7M. In the most recent fiscal year, National CineMedia achieved $241M in revenue and $22.0M in EBITDA.
Financial Metric	Last Twelve Months (LTM)	Next Twelve Months (NTM)	Most Recent Fiscal Year	Current Fiscal Year (2025)	Next Fiscal Year (2026)	Two Years Forward (2027)
Total Revenue	$246M	Analyst estimates available to subscribers	$241M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Gross Profit	n/a	Analyst estimates available to subscribers	$115M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Gross Profit Margin	n/a	Analyst estimates available to subscribers	47.8% gross profit margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBITDA (Earnings Before Interest, Taxes, Depreciation, Amortization)	$41.7M	Analyst estimates available to subscribers	$22.0M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBITDA Margin	16.9% EBITDA margin	Analyst estimates available to subscribers	9.1% EBITDA margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBIT (Earnings Before Interest and Taxes)	-$12.9M	Analyst estimates available to subscribers	-$19.5M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBIT Margin	-5.2% EBIT margin	Analyst estimates available to subscribers	-8.1% EBIT margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Income (Net Profit)	-$16.5M	Analyst estimates available to subscribers	-$22.3M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Profit Margin	-6.7% net profit margin	Analyst estimates available to subscribers	-9.3% net profit margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Debt Position	Detailed debt information available to subscribers	Detailed debt information available to subscribers	n/a	Detailed debt information available to subscribers	Detailed debt information available to subscribers	Detailed debt information available to subscribers

Financial Performance Summary for National CineMedia

This financial data table provides comprehensive performance metrics for National CineMedia, a company based in United States of America. The metrics include revenue, profitability measures, and operational efficiency indicators across multiple time periods.

Recent Performance Highlights

National CineMedia generated $246M in revenue over the last twelve months.
The company achieved $41.7M in EBITDA over the last twelve months.
Net income over the last twelve months reached -$16.5M.

Fiscal Year Performance

In the most recent fiscal year, National CineMedia reported $241M in total revenue.
Fiscal year EBITDA was $22.0M.
The company maintained a gross profit margin of 47.8% in the most recent fiscal year.
EBITDA margin for the fiscal year was 9.1%.
Net profit margin reached -9.3% in the most recent fiscal year.

This financial data is sourced from Morningstar, Inc. and represents the most recent available information for National CineMedia. Forward-looking estimates and detailed financial projections are available through our premium subscription service.

National CineMedia Stock Performance

National CineMedia has current market cap of $455M, and EV of $430M.

Market Cap Evolution

National CineMedia Stock Data

As of September 12, 2025, National CineMedia's stock price is $5.

See National CineMedia trading valuation data

EV	Market Cap	Price 1D	Price 1M	Price 3M	Price 12M	EPS
$430M	$455M	XXX	XXX	XXX	XXX	$-0.18

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

National CineMedia Valuation Multiples

National CineMedia's trades at 1.8x EV/Revenue multiple, and 19.5x EV/EBITDA.

See valuation multiples for National CineMedia and 15K+ public comps

National CineMedia Financial Valuation Multiples

As of September 12, 2025, National CineMedia has market cap of $455M and EV of $430M.

Equity research analysts estimate National CineMedia's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

National CineMedia has a P/E ratio of -27.6x.

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Market cap (current)	$455M	XXX	$455M	XXX	XXX	XXX
EV (current)	$430M	XXX	$430M	XXX	XXX	XXX
EV/Revenue	1.7x	XXX	1.8x	XXX	XXX	XXX
EV/EBITDA	10.3x	XXX	19.5x	XXX	XXX	XXX
EV/EBIT	-33.4x	XXX	-22.0x	XXX	XXX	XXX
EV/Gross Profit	n/a	XXX	n/a	XXX	XXX	XXX
P/E	-27.6x	XXX	-20.4x	XXX	XXX	XXX
EV/FCF	12.7x	XXX	7.9x	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get National CineMedia Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

National CineMedia Margins & Growth Rates

National CineMedia's last 12 month revenue growth is 11%

National CineMedia's revenue per employee in the last FY averaged $0.9M, while opex per employee averaged $0.5M for the same period.

National CineMedia's rule of 40 is 465% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

National CineMedia's rule of X is 44% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for National CineMedia and other 15K+ public comps

National CineMedia Operational Valuation Multiples

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Revenue Growth	11%	XXX	8%	XXX	XXX	XXX
EBITDA Margin	17%	XXX	9%	XXX	XXX	XXX
EBITDA Growth	26%	XXX	-77%	XXX	XXX	XXX
Rule of 40	465%	XXX	20%	XXX	XXX	XXX
Bessemer Rule of X	XXX	XXX	44%	XXX	XXX	XXX
Revenue per Employee	XXX	XXX	$0.9M	XXX	XXX	XXX
Opex per Employee	XXX	XXX	$0.5M	XXX	XXX	XXX
S&M Expenses to Revenue	XXX	XXX	17%	XXX	XXX	XXX
G&A Expenses to Revenue	XXX	XXX	n/a	XXX	XXX	XXX
R&D Expenses to Revenue	XXX	XXX	n/a	XXX	XXX	XXX
Opex to Revenue	XXX	XXX	56%	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics

Pharma Analytics

Private Equity

ERP Software

Developer Tools

Consumer SaaS

Streaming Platforms

Explore Valuation Multiples by Industry

Start Free Trial