Paramount Global Intrinsic Stock Value – National Amusements, Parent Company of PARAMOUNT GLOBAL, Reports Cybersecurity Breach

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On Monday, National Amusements, the parent company of Paramount and CBS, announced that it had experienced a recent cybersecurity breach. National Amusements is the controlling shareholder of both CBS and Paramount Global ($NASDAQ:PARA), an international media and entertainment company. It has been a leader in the entertainment industry for more than a century and has produced some of the most iconic films of all time, including The Godfather, Forrest Gump, and Raiders of the Lost Ark. This sudden and unexpected breach has caused National Amusements to take immediate steps to investigate and secure its digital infrastructure. It is unclear how long the breach has been in operation for, or what kind of information has been affected.

The company is working closely with law enforcement and third-party experts to assess the impact of the breach and take the necessary steps to protect its customers. The news of this breach has come as a shock to the entertainment industry, and it is creating uncertainty for investors in Paramount Global. The company has yet to make an official statement on the breach or on its plans to address the situation. In the meantime, National Amusements advises all of its customers to take the necessary precautions to protect their data, including changing their passwords and keeping anti-virus software up to date.

Price History

PARAMOUNT GLOBAL, the privately-held movie theater chain and entertainment company owned by National Amusements, has reported a major cybersecurity breach. On Tuesday, the stock opened the day at $15.0 and closed at the same price, up by a marginal 0.1% from its previous closing price. This suggests that investors and the market have not been severely affected by the breach. PARAMOUNT GLOBAL is yet to provide further details on the breach, which has sparked concerns about the security of its internal systems and customer data. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Paramount Global. More…

Cash Flow Snapshot

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Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Paramount Global. More…

Key Ratios Snapshot

Some of the financial key ratios for Paramount Global are shown below. More…

Analysis – Paramount Global Intrinsic Stock Value

At GoodWhale, we conducted an analysis of PARAMOUNT GLOBAL‘s wellbeing. Our proprietary Valuation Line has calculated the intrinsic value of PARAMOUNT GLOBAL’s share to be around $11.1. However, currently, PARAMOUNT GLOBAL stock is trading at $15.0, thus being overvalued by 35.0%. This discrepancy is an indicator of the current market dynamics and can be used to make informed decisions regarding investing in PARAMOUNT GLOBAL. More…

Peers

Paramount Global is one of the leading entertainment companies in the world. It has a strong presence in the film and television industry and competes with the likes of The Walt Disney Co, Lions Gate Entertainment Corp, and Netflix Inc. The company has a diversified portfolio of businesses that includes film production and distribution, television programming and syndication, home entertainment, theme parks, and consumer products.

– The Walt Disney Co ($NYSE:DIS)

Walt Disney Co is a publicly traded company with a market cap of 186.02B as of 2022. The company has a return on equity of 4.53%. Walt Disney Co is a diversified entertainment company that operates in four business segments: media networks, parks and resorts, studio entertainment, and consumer products. The company was founded in 1923 and is headquartered in Burbank, California.

– Lions Gate Entertainment Corp ($NYSE:LGF.B)

Lions Gate Entertainment Corp is a Canadian entertainment company with a market cap of 1.71B as of 2022. The company has a Return on Equity of -1.61%. Lions Gate is a leading global entertainment company with a strong and diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, digital distribution, new channel platforms and international distribution and sales. The company’s motion picture business includes the production, financing and distribution of motion pictures through its Lionsgate and Summit Entertainment labels, as well as through its Pantelion Films joint venture with Televisa. Lionsgate’s television business includes the production, financing and distribution of television series, telefilms and other programming through its Lionsgate Television, Lionsgate UK and Debmar-Mercury subsidiaries.

– Netflix Inc ($NASDAQ:NFLX)

Netflix, Inc. is an American publicly traded streaming entertainment company founded in 1997 by Reed Hastings and Marc Randolph. The company’s primary business is a subscription-based streaming service offering online streaming from a library of films and television series, including those produced in-house.

Summary

PARAMOUNT GLOBAL is a publicly traded company, parent of both PARAMOUNT and CBS, that recently disclosed a cybersecurity breach. Investors should analyze the impact of this breach on the company’s financials and future growth potential. By understanding any potential liabilities, legal risks, and costs associated with the breach, investors can make an informed decision on whether to buy or hold the stock. Additionally, investors should review how the company has responded to the incident, the measures taken to strengthen security, and their plans for preventing similar incidents in the future.