Imax Corporation Common Stock (IMAX)

FairStock Score: 39/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with the business and then ask what price I am paying. IMAX is a 679-employee technology platform for entertainment and events, with proprietary remastering and a global network. The description hints at some network and technology advantage, but the numbers must confirm it. Financial health is real: the Piotroski F-Score is 9/9 and the Altman Z-Score is 3.91, both FairStock calculations, and debt to equity is 0.63. Trailing free cash flow is $100.0M, a 3.5% FCF yield. Growth is encouraging: in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $102.8M and net income was $15.4M, versus fiscal Q2 2025, the quarter ended 2025-06-30, revenue of $91.7M and net income of $11.3M. For FY2025, the year ended 2025-12-31, revenue was $410.2M and net income was $34.9M, up from FY2024, the year ended 2024-12-31, revenue of $352.2M and net income of $26.1M. Yet returns on capital are only moderate: ROE 11.02% and ROCE 6.65%. The price side is demanding. At the 2026-10-13 close of $51.66, the FairStock P/E is 70.77, P/B is 7.96, EV/EBITDA is 22.33, and PEG is 1.92. Graham would shudder at the $10.32 Graham Number, leaving a -400.58% margin of safety. The Lynch category is TURNAROUND, because it returned to profit after a loss within three years. That can be powerful, but turnarounds need durable improvement. I see a better business with strong scores, but not a bargain price.

In plain English: IMAX provides technology and screens for movies and events. The business is profitable and improving, with positive cash flow and strong financial health scores. But at the 2026-10-13 close of $51.66, the shares look expensive compared with its profits and accounting value.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer