COMP <GO>
NCMI vs NFLX // EV/EBITDA & P/E VALUATION
National CineMedia Inc. (NASDAQ) VS. Netflix, Inc. (NASDAQ) • 15-METRIC TALLY: NCMI 2
— NFLX 8
■ METRIC PARITY
LAST: $1.76 (+0.57%) • MKT CAP: $165.6M
valuation
—
LAST: $62.05 (+0.10%) • MKT CAP: $254.80B
valuation
16.2x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NCMI VS. NFLX)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NCMI | NFLX | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 94.70% | 50.68% | +44.02 | NCMI | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -3.10% | 33.94% | -37.04 | NFLX | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 16.2x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 1.69% | 4.46% | -2.77 | NFLX | /fcf-yield <GO> |
| Operating Margin | -5.70% | 31.30% | -37.00 | NFLX | /operating-margins <GO> |
| Net Profit Margin | -4.40% | 29.69% | -34.09 | NFLX | /net-margins <GO> |
| Revenue Growth (YoY) | 1.00% | 14.65% | -13.65 | NFLX | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 6.89% | 0.00% | +6.89 | NCMI | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 2.13 | 8.25 | -6.12 | NFLX | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 7/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | 7.26% | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 20.7 | 31.6 | -10.93 | NFLX | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 1.41 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 19.2x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $165.6M | $254.80B | -$254.63B | NFLX | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NCMI REV | NFLX REV | NCMI GROSS % | NFLX GROSS % | NCMI FCF | NFLX FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $243.2M | $45.18B | 94.7% | 48.5% | $2.8M | $9.46B |
| FY 2024 | $240.8M | $39.00B | 94.3% | 46.1% | $54.5M | $6.92B |
| FY 2023 | $165.2M | $33.72B | — | 41.5% | -$6.7M | $6.93B |
| FY 2022 | — | $31.62B | — | 39.4% | — | $1.62B |
| FY 2021 | — | $29.70B | — | 41.6% | — | -$132.0M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NCMI // BETA —
NFLX // BETA 1.41