Stock fact sheet · data as of
The Marcus Corporation (MCS): fair value, margin of safety and Wheel Score
Ticker symbol MCS · Communication Services · Entertainment · United States · Blend
Is MCS undervalued?
At 28.05 (close of 5 Nov 2026), MCS trades 11% under the GLS average fair value of 31.56. 4 of the 9 models that produced a value land above the price. A discount of this size counts as a positive margin of safety in every GLS scan; whether it is enough depends on the rest of the picture - the health score, the moat and the option premium below.
There is a wide gap between DDM (4.86) and Payback Time (60.86). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
Ranked against every other company we cover, neither cheapness nor growth clearly wins for MCS, so the nightly engine files it under Blend (value score 35, growth score 45, out of 100).
Nine valuation models for MCS
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 59.08 | +111% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 16.85 | -40% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 36.97 | +32% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 15.45 | -45% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 20.28 | -28% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 60.63 | +116% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 60.86 | +117% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 4.86 | -83% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 9.04 | -68% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -15.55 | -155% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 33.50 | +19% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
The Marcus Corporation scores 9 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the "Piotroski 6 or more" Wheel Trade Filter with room to spare. A GLS Moat score of 4.6/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC 1.6%, ROE 2.8%, ROA 1.3% - with debt at 0.73 times equity and a free-cash-flow yield of 8.8%.
The dividend yield is 1.18% with a payout ratio of 40% - a small yield that leaves most of the earnings in the business. Revenue comes mainly from Admission 31%, Concessions 27%, Occupancy 18% (quarter Q3 FY2026).
Institutional ownership scores 8/10, insider activity 8/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 9 / 9 | ROIC | 1.6% |
|---|---|---|---|
| GLS Moat | 4.6 / 10 | ROE | 2.8% |
| Debt / equity | 0.73 | ROA | 1.3% |
| Free-cash-flow yield | 8.8% | Payout ratio | 40% |
| Institutions | 8 / 10 | Insiders · Congress | 8 · 5 / 10 |
Wheel Score 42: Weak
With a Wheel Score of 42 The Marcus Corporation sits in the Weak band. It fails filter 1, options that actually trade - options too quiet (352 open interest, 44 a day); and filter 8, big enough - market cap $872M (under $1.0B); Option trading (weak) is its weakest part.
Implied volatility is 44% on the near-the-money contracts 20-60 days out - inside the 35-60% sweet spot the Wheel Score rewards most: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 352 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 190k shares a day on a market cap of $872M, with a beta of 0.51 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | options too quiet (352 open interest, 44 a day) |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Fails | market cap $872M (under $1.0B) |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Fair | 11% below fair value | |
| Premium | Strong | implied volatility 44% | |
| Moat | Fair | moat 4.6/10 | |
| Health | Strong | Piotroski 9/9 | |
| Red Flags | Good | Red Flags score 80/100 | |
| Option trading | Weak | 44 contracts a day, 352 open interest | |
| Stability | Fair | beta 0.51, $872M company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for MCS in the nightly calendar.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Entertainment
The 12 companies below are the closest to The Marcus Corporation by market cap within the Entertainment industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| IQ iQIYI, Inc. | 0.9185 | 92.41 | +99% | 33Weak | $886M |
| ANGX Angel Studios, Inc. | 3.67 | - | - | 19Weak | $685M |
| RSVR Reservoir Media, Inc. | 10.35 | 3,825.45 | +100% | 46Weak | $682M |
| HUYA HUYA Inc. | 2.09 | 2.65 | +21% | 22Weak | $477M |
| STRZ Starz Entertainment Corp. | 25.38 | 25.90 | +2% | 14Weak | $438M |
| AMCX AMC Global Media Inc. | 8.46 | 175.42 | +95% | 41Weak | $274M |
| IMAX IMAX Corporation | 51.76 | 33.97 | -52% | 40Weak | $2.8B |
| BATRB Atlanta Braves Holdings, Inc. | 72.00 | - | - | 12No options | $3.1B |
| AMC AMC Entertainment Holdings, Inc. | 3.52 | 17.09 | +79% | 41Weak | $3.1B |
| BATRK Atlanta Braves Holdings, Inc. | 50.73 | - | - | 29Weak | $3.3B |
| BATRA Atlanta Braves Holdings, Inc. | 55.84 | - | - | 16Weak | $3.6B |
| MSGE Madison Square Garden Entertainment Corp. | 78.73 | 94.83 | +17% | 42Weak | $3.7B |
⚖ Compare MCS with 7 of them All Communication Services stocks →
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Start free See the Sunday ScanQuestions about MCS
Is MCS undervalued right now?
By the GLS models, moderately: at 28.05 the stock trades 11% below the average fair value of 31.56 (data as of 5 Nov 2026).
What is the Wheel Score of MCS and what does it mean?
MCS scores 42 out of 100 (Weak) - it fails Wheel Trade Filters 1, 8. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for MCS?
31.56 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does The Marcus Corporation report earnings next?
No upcoming earnings date is recorded for MCS in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does MCS have listed options, and how liquid are they?
Yes. The nightly snapshot found 24 listed contracts with 352 open interest across all expiries and implied volatility of 44% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.