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Added to YB: 2025-02-13

Pitch date: 2025-02-13

1970.HK [bullish]

IMAX China Holding, Inc.

Author Info

Clark Square Capital is a former equity analyst and now a full-time investor managing their own capital. Sign up for their newsletter

Company Info

IMAX China Holding, Inc., together with its subsidiaries, provides digital film technologies in the United States, Canada, Greater China, Asia, Western Europe, Latin America, and internationally.

Market Cap

HKD 371.5M

Pitch Price

N/A

Price Target

13.00

Dividend

N/A

EV/EBITDA

6.09

P/E

18.32

EV/Sales

2.89

Sector

Entertainment

Category

special_situation

Show full summary:
Quick Pitch #21

1970.HK: Long IMAX China at HKD 8.32, ~5.7x 2023 EBITDA, 20% mkt cap net cash. 2025 inflection via China stimulus + record box office (Lunar +57%, Ne Zha 2 >$1B). Parent (71% owner) likely re-bids post cool-down above failed HKD 10 offer. Target ~HKD 13 (8x EBITDA), ~50% upside, HKD 10 floor.

Read full article (4 min)