Cinedigm Corp

Company Profile

Cinedigm Corp had its IPO on 2003-11-10 under the ticker symbol CIDM.

The company operates in the Communication Services sector and Entertainment industry. Cinedigm Corp has a staff strength of 134 employees.

Stock update

Shares of Cinedigm Corp opened at $0.43 at the start of the last trading session i.e. 2023-03-30.

The stocks traded within a range of $0.42 - $0.45, and closed at $0.42.

This is a -2.33% slip from the previous day's closing price.

A total volume of 656,252 shares were traded at the close of the day’s session.

In the last one week, shares of Cinedigm Corp have slipped by -2.33%.

Cinedigm Corp's Key Ratios

Cinedigm Corp has a market cap of $77.01 million, indicating a price to book ratio of 2.86 and a price to sales ratio of 1.3854.

In the last 12-months Cinedigm Corp’s revenue was $72.33 million with a gross profit of $35.16 million and an EBITDA of $-2047000. The EBITDA ratio measures Cinedigm Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Cinedigm Corp’s operating margin was -8.1% while its return on assets stood at -3.77% with a return of equity of -22.74%.

In Q4, Cinedigm Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 98%.

Cinedigm Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-0.06 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Cinedigm Corp’s profitability.

Cinedigm Corp stock is trading at a EV to sales ratio of 1.4139 and a EV to EBITDA ratio of -8.275. Its price to sales ratio in the trailing 12-months stood at 1.3854.

Cinedigm Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$94.90 million

Total Liabilities

$50.75 million

Operating Cash Flow

$-155000.00

Capital Expenditure

$155000

Dividend Payout Ratio

0%

Cinedigm Corp ended 2023 with $94.90 million in total assets and $0 in total liabilities. Its intangible assets were valued at $94.90 million while shareholder equity stood at $38.91 million.

Cinedigm Corp ended 2023 with $0 in deferred long-term liabilities, $50.75 million in other current liabilities, 177000.00 in common stock, $-479229000.00 in retained earnings and $21.03 million in goodwill. Its cash balance stood at $8.80 million and cash and short-term investments were $8.80 million. The company’s total short-term debt was $4,867,000 while long-term debt stood at $0.

Cinedigm Corp’s total current assets stands at $46.25 million while long-term investments were $5.20 million and short-term investments were $0. Its net receivables were $24.99 million compared to accounts payable of $40.72 million and inventory worth $0.

In 2023, Cinedigm Corp's operating cash flow was $-155000.00 while its capital expenditure stood at $155000.

Comparatively, Cinedigm Corp paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$0.42

52-Week High

$0.86

52-Week Low

$0.37

Analyst Target Price

$3.63

Cinedigm Corp stock is currently trading at $0.42 per share. It touched a 52-week high of $0.86 and a 52-week low of $0.86. Analysts tracking the stock have a 12-month average target price of $3.63.

Its 50-day moving average was $0.52 and 200-day moving average was $0.52 The short ratio stood at 3.56 indicating a short percent outstanding of 0%.

Around 1374.9% of the company’s stock are held by insiders while 731.6% are held by institutions.