Marcus Corporation (MCS) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Marcus Corporation stock $4.74, price $26.76, that is 82.3% below the price, quality 57 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range $9.58 – $31.03 · fair‑value band $4.74 – $7.87 · the $26.76 price screens above the $4.74 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 4, 2026.
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The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States.
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The company operates a family entertainment center and multiscreen motion picture theatres under the Marcus Theatres, Movie Tavern by Marcus, and BistroPlex brand names. It also owns and operates full-service hotels and resorts, as well as manages full-service hotels, resorts, and other properties.
In addition, the company provides hospitality management services, including check-in, housekeeping, and maintenance for vacation ownership development; manages condominium hotels under management contracts; and commercial laundry services.
The Marcus Corporation was founded in 1935 and is headquartered in Milwaukee, Wisconsin.
Stock analysis
Marcus Corporation (MCS) currently trades at $26.76, while our model-based Fair Value estimate is $4.74, 82% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $9.02 per share, and 0 of the 23 models we run sit above the $26.76 price.
Bear case: the Growth DCF group reads lowest at $1.05, and 23 of the 23 models stay below the price. Data coverage for this calculation is low.
Scenario range: $4.74 (bear) to $7.87 (bull), the price of $26.76 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 57/100 (solid quality), in the Communication Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Marcus Corporation reported revenue of $758M in FY2025 versus $458M in FY2021, a compound +13.4%/yr. Reported net income was $12.7M in FY2025.
Key figures
Market cap $828M Small · P/E ratio 32.4 · P/S ratio 1.07 · EPS (TTM) $0.8200 · Dividend yield 0.3% · Net margin 3.2% · Return on equity 5.4% · Return on assets (EBIT) 0.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 34 out of 100 (low confidence).
What moves the price
The share trades about 14% below its 52-week high and 85% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at −13% fair-value upside, at −82%, MCS screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely ($1.05 to $25.54). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear$4.74Fair Value $4.74Bull$7.87
Price $26.76 · Downside -82.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($0.6346 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, one officer or director sold shares worth $1.4M and none bought.
SaleDiane M GershowitzDirector, 10% owner50,000 shares at $27.61$1.4MSep 23, 2026
SaleMichael Reade EvansPres., Marcus Hotels & Resorts2× since Mar 20, 2026: 7,708 shares, avg. $19.02$146,653Apr 15, 2026
SaleThomas F KissingerSr Exec VP, Gen Counsel & Secy, Director25,000 shares at $17.32$433,000Mar 6, 2026
SaleGregory S MarcusPresident and CEO, Director33,915 shares at ?Mar 2, 2026
BuyDiane M GershowitzDirector, 10% owner33,915 shares at ?Mar 2, 2026
Plus 12 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+3.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+26.1%
Start year 2020 (pandemic). Over 10 years: +4.5% a year
Revenue growth 40 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.4%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
−25.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−25.4%
Dividend (yield on the price)0.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−21.4% vs −7.8%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−75% → 3%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
more than +80 %
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.7%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +2.3% a year for the forecasts.
News mood ⓘNews mood, the average tone of recent news (96 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Entertainment · 221 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score57 · Above median
Fair Value upside−82.3% · Bottom 25%
Profitability
Return on equity (12 months)5.4% · Above median
Return on assets1.3% · Above median
Net margin (12 months)3.2% · Above median
Operating margin (12 months)12.9% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)19.2% · Above median
Dividend yield (12 months)0.3% · Bottom 25%
Balance sheet
Debt / equity0.35× · Above median
Valuation Multiplesvs Entertainment median · lower = cheaper
P/E (12 months)32.4× · Pricier than median
P/B1.81× · Pricier than median
P/S (12 months)1.07× · Cheaper than median
EV/EBITDA8.4× · Cheaper than median
PEG4.11× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 32
FUTURE (revenue growth)96· sector 20
PAST (return on equity)22· sector 5
HEALTH (low debt)83· sector 96
DIVIDEND (yield)6· sector 46
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Marcus Corporation Fair Value". https://www.fairvalue-calculator.com/stock/MCS
Frequently asked questions
Is Marcus Corporation (MCS) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of $4.74 versus a price of $26.76, about 82% lower (overvalued).
What is the fair value of MCS?
Our model-based fair value for Marcus Corporation is $4.74 (as of Nov 4, 2026), built from audited fundamentals. The current price: $26.76.
What is the quality score of MCS?
Marcus Corporation has a Quality Score of 57/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Marcus Corporation (MCS)?
Our model-based price target is the fair value of $4.74 (as of Nov 4, 2026) from 24 valuation models. Cautious scenario $4.74, optimistic scenario $7.87. It is a calculation from audited fundamentals, not an analyst target.
What is the Marcus Corporation stock forecast for 2026?
Our models put fair value at $4.74, about 82% lower versus a price of $26.76 (overvalued). Cautious scenario $4.74, optimistic scenario $7.87. The calculation is refreshed regularly with new filings.
What is the revenue of Marcus Corporation (MCS)?
Marcus Corporation reported trailing-twelve-month revenue of about $777M (latest available figure, as of Nov 4, 2026).
Does Marcus Corporation pay a dividend?
Marcus Corporation currently shows a dividend yield of 0.30% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of Marcus Corporation (MCS) and when is the ex-dividend date?
Marcus Corporation pays a dividend of $0.08 per share a year, a dividend yield of 0.3%. The last ex-dividend date was Aug 25, 2026. A dividend has been paid every year since 2022. The payout ratio is 9.8% of earnings. Free cash flow covers the dividend 0.51 times. Our assessment: Token dividend. At a yield of 0.3% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 0.3% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.
What growth is priced into Marcus Corporation (MCS)?
For today's price to be fair in a discounted-cash-flow model, Marcus Corporation would have to grow free cash flow by more than 80 % per year for five years (discount rate 10.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +26.1 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of MCS use?
Our models discount Marcus Corporation at 10.1 %: a base by market capitalisation (small), damped by beta 0.58, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Marcus Corporation that is more than 80 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.1 %) and the same formula as our fair value.
How much growth has Marcus Corporation (MCS) delivered so far?
Over the past 5 years revenue at Marcus Corporation grew +26.1 % a year. The price currently implies free-cash-flow growth of more than 80 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Marcus Corporation (MCS) growing?
The median revenue growth in the sector is +3.8 % a year. That is the yardstick for the growth priced into Marcus Corporation (more than 80 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Marcus Corporation (MCS)?
The free-cash-flow yield on the price is 0.12 %: that much free cash flow Marcus Corporation produces per unit of market value. When it exceeds the discount rate of our models (10.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Marcus Corporation (MCS)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Marcus Corporation it is $4.74 per share (as of Nov 4, 2026), against a price of $26.76. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Marcus Corporation stock overvalued or undervalued in 2026?
As of Nov 4, 2026, MCS trades above its calculated fair value: price $26.76, fair value $4.74, a gap of about −82% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MCS?
No. The price is what the market pays today ($26.76); the fair value is what the company's own numbers justify ($4.74). For Marcus Corporation the two are $22.02 per share apart. That gap is exactly why we show both numbers side by side.
How much is Marcus Corporation worth?
The market values Marcus Corporation at about $828M (market capitalisation, as of Nov 4, 2026). Per share that is $26.76; our models calculate a fair value of $4.74 per share.
What do the bullish and bearish scenarios say about MCS?
Our models span a range for Marcus Corporation: cautious scenario $4.74, base $4.74, optimistic $7.87 per share (as of Nov 4, 2026, price $26.76). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MCS?
Marcus Corporation trades at a price-to-earnings ratio of 32.4 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $4.74 is built from several models across several years. Median P/E at fiscal year-end, 6 fiscal years (2016 to 2025), reported earnings, FY2019, FY2023, FY2025 ex one-offs: 23.1. Other multiples: PEG 4.1, P/B 1.8, P/S 1.1, EV/EBITDA 8.4.
What is the PEG ratio of MCS?
The PEG ratio of Marcus Corporation is 4.11 (P/E divided by earnings growth, as of Nov 4, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Marcus Corporation (MCS)?
Balance-sheet figures for Marcus Corporation (as of Nov 4, 2026): return on equity 5.4%, debt of 0.35 per unit of equity. They feed the Quality Score of 57/100, which measures business quality independently of the share price.
How far is MCS from its 52-week high?
Marcus Corporation trades at $26.76, about 14% below its 52-week high of $31.03 and 85% above the low of $14.49 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $4.74 is for.
Which stocks are comparable to Marcus Corporation?
From the same area (Communication Services) we also value Netflix, Inc, The Walt Disney Company, Live Nation Entertainment, Inc, TKO Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Marcus Corporation stock attractive at the current price?
The data as of Nov 4, 2026: price $26.76, calculated fair value $4.74 (−82%), Quality Score 57/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MCS calculated?
We run Marcus Corporation through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $4.74 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Marcus Corporation itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Marcus Corporation (MCS)?
The closing price on Nov 6, 2026 was $26.76. Our model-based fair value is $4.74, about 82% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Marcus Corporation right now?
The price sits above even our optimistic bull case ($7.87). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of Marcus Corporation (MCS) come from?
Earnings per share at Marcus Corporation grew −10.6 % a year from 2014 to 2025. Broken into its drivers: revenue per share +1.6 %, EBIT margin −11.8 %, tax rate +4.5 %, residual (interest, one-offs) −4.6 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Marcus Corporation
How large is the market capitalisation of Marcus Corporation (MCS)?
The market capitalisation of Marcus Corporation is $828M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Marcus Corporation (MCS)?
The price-to-sales ratio of Marcus Corporation is 1.07 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Marcus Corporation (MCS)?
Earnings per share at Marcus Corporation are $0.8200 (price ÷ EPS = P/E 32.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Marcus Corporation (MCS)?
The dividend yield of Marcus Corporation is 0.3% (payout 9.8%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Marcus Corporation (MCS)?
The net margin of Marcus Corporation is 3.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Marcus Corporation (MCS)?
The return on equity (ROE) of Marcus Corporation is 5.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Marcus Corporation (MCS)?
On an EBIT basis the return on assets of Marcus Corporation is 0.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Marcus Corporation (MCS)?
The operating margin of Marcus Corporation is 12.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Marcus Corporation (MCS)?
Revenue at Marcus Corporation is growing +19.2% versus a year earlier (3y avg +3.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Marcus Corporation (MCS)?
Earnings per share at Marcus Corporation are growing +14.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Marcus Corporation (MCS) carry?
The net debt of Marcus Corporation is $312M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 4, 2026