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National CineMedia, Inc.

NCMICommunication ServicesNASDAQ

Advertising Agencies · Last scanned May 30, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$243.2M
+1.0% YoY
Net Income
-$10.6M
+52.5% YoY
EBITDA
$27.9M
+26.8% YoY
Free Cash Flow
$34.0M

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About National CineMedia, Inc.

National CineMedia, Inc., through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America. The $294.5M market capitalization puts NCMI squarely in micro-cap range for its industry. The company engages in the sale of advertising to national, regional, and local businesses in Noovie, a cinema advertising and entertainment show seen on movie screens; and sells advertising on its Lobby Entertainment Network, a series of strategically placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theatre lobbies.

Key stats
Market Cap$294.5M
Fwd P/E21.66
EPS$-0.10
Beta1.45
52W Change-37.8%
Dividend Yield3.82%
ROE-2.4%
Analysis

National CineMedia, Inc. holds $48.6M in cash against $22.3M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow comes in at $34.0M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at -2.4%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has been relatively flat, moving from $249.2M (2022) to $243.2M (2025).

With cash comfortably exceeding debt, NCMI has financial flexibility that may help navigate uncertain periods. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence National CineMedia, Inc.'s trajectory.

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