Reading International
Market Cap
US$182.1m
Last Updated
2021/02/24 00:01 UTC
Data Sources
Company Financials +
Executive Summary
Reading International, Inc., together with its subsidiaries, engages in the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand. More Details
Rewards
Risk Analysis
Snowflake Analysis
Limited growth and overvalued.
Similar Companies
Share Price & News
How has Reading International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RDI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: RDI's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
11.2%
RDI
-3.0%
US Entertainment
-2.5%
US Market
1 Year Return
-20.7%
RDI
79.0%
US Entertainment
34.1%
US Market
Return vs Industry: RDI underperformed the US Entertainment industry which returned 79% over the past year.
Return vs Market: RDI underperformed the US Market which returned 34.1% over the past year.
Shareholder returns
| RDI | Industry | Market | |
|---|---|---|---|
| 7 Day | 11.2% | -3.0% | -2.5% |
| 30 Day | -3.9% | 4.2% | 0.1% |
| 90 Day | 84.9% | 28.8% | 4.5% |
| 1 Year | -20.7%-20.7% | 79.3%79.0% | 37.1%34.1% |
| 3 Year | -56.4%-56.4% | 107.6%104.2% | 58.0%47.9% |
| 5 Year | -28.4%-28.4% | 194.2%181.9% | 131.9%106.2% |
Long-Term Price Volatility Vs. Market
How volatile is Reading International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
If You Had Bought Reading International's (NASDAQ:RDI) Shares Three Years Ago You Would Be Down 60%4 weeks ago | Simply Wall St
Is Reading International (NASDAQ:RDI) A Risky Investment?1 month ago | Simply Wall St
Should You Review Recent Insider Transactions At Reading International, Inc. (NASDAQ:RDI)?Valuation
Is Reading International undervalued compared to its fair value and its price relative to the market?
1.82x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate RDI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RDI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RDI is unprofitable, so we can't compare its PE Ratio to the US Entertainment industry average.
PE vs Market: RDI is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RDI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RDI is good value based on its PB Ratio (1.8x) compared to the US Entertainment industry average (4.6x).
Next Steps
Future Growth
How is Reading International forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
87.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RDI is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: RDI is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: RDI is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: RDI's revenue (46.5% per year) is forecast to grow faster than the US market (10.5% per year).
High Growth Revenue: RDI's revenue (46.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RDI is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Reading International performed over the past 5 years?
-58.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RDI is currently unprofitable.
Growing Profit Margin: RDI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RDI is unprofitable, and losses have increased over the past 5 years at a rate of 58.2% per year.
Accelerating Growth: Unable to compare RDI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RDI is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (47.6%).
Return on Equity
High ROE: RDI has a negative Return on Equity (-83.86%), as it is currently unprofitable.
Next Steps
Financial Health
How is Reading International's financial position?
Financial Position Analysis
Short Term Liabilities: RDI's short term assets ($42.1M) do not cover its short term liabilities ($117.0M).
Long Term Liabilities: RDI's short term assets ($42.1M) do not cover its long term liabilities ($466.2M).
Debt to Equity History and Analysis
Debt Level: RDI's debt to equity ratio (301.6%) is considered high.
Reducing Debt: RDI's debt to equity ratio has increased from 120.8% to 301.6% over the past 5 years.
Debt Coverage: RDI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RDI's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Reading International current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RDI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RDI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RDI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RDI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RDI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.9yrs
Average management tenure
CEO
Ellen Cotter (54 yo)
5.67yrs
Tenure
US$1,191,800
Compensation
Ms. Ellen Marie Cotter has been Chief Executive Officer and President at Reading International, Inc. since January 8, 2016 and served as its Chairperson at Reading International, Inc. since August 7, 2014 ...
CEO Compensation Analysis
Compensation vs Market: Ellen's total compensation ($USD1.19M) is about average for companies of similar size in the US market ($USD950.27K).
Compensation vs Earnings: Ellen's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairperson and EVP of Real Estate Management & Development-NYC | 0.17yr | US$536.61k | 4.02% $ 7.3m | |
| President | 5.67yrs | US$1.19m | 3.79% $ 6.9m | |
| CFO, Executive VP & Treasurer | 2.08yrs | US$364.09k | 0.014% $ 26.3k | |
| Executive VP & General Counsel | 3.67yrs | US$568.25k | 0.30% $ 541.5k | |
| President of US Cinemas | 27.08yrs | US$532.42k | 0.054% $ 98.3k | |
| Lead Technology & Cyber Risk Director and Independent Director | 7.08yrs | US$120.00k | 0.071% $ 129.9k | |
| Executive Vice President of Global Operations | 4.92yrs | US$541.74k | 0.15% $ 269.0k | |
| Chief Accounting Officer | 6.08yrs | no data | no data | |
| Managing Director of Australia & New Zealand | 2.58yrs | no data | no data | |
| Associate General Counsel & Corporate Secretary | no data | no data | no data |
4.9yrs
Average Tenure
54yo
Average Age
Experienced Management: RDI's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairperson and EVP of Real Estate Management & Development-NYC | 0.17yr | US$536.61k | 4.02% $ 7.3m | |
| President | 5.67yrs | US$1.19m | 3.79% $ 6.9m | |
| Lead Technology & Cyber Risk Director and Independent Director | 7.08yrs | US$120.00k | 0.071% $ 129.9k | |
| Independent Vice Chairman of the Board | 0.17yr | US$104.90k | 0.078% $ 142.3k | |
| Independent Director | 5.33yrs | US$105.20k | 0.094% $ 171.8k | |
| Independent Director | 8.75yrs | US$116.21k | 0.14% $ 249.6k | |
| Lead Independent Director | 0.17yr | US$109.14k | 0.15% $ 276.4k |
5.3yrs
Average Tenure
68yo
Average Age
Experienced Board: RDI's board of directors are considered experienced (5.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RDI insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Reading International, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Reading International, Inc.
- Ticker: RDI
- Exchange: NasdaqCM
- Founded: 1937
- Industry: Movies and Entertainment
- Sector: Media
- Market Cap: US$182.069m
- Shares outstanding: 21.75m
- Website: https://www.readingrdi.com
Number of Employees
Location
- Reading International, Inc.
- 5995 Sepulveda Boulevard
- Suite 300
- Culver City
- California
- 90230
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RDI | NasdaqCM (Nasdaq Capital Market) | Yes | Class A Non-Voting Common Stock | US | USD | Jan 2000 |
| RDIB | NasdaqCM (Nasdaq Capital Market) | Class B Voting Common Stock | US | USD | Jan 2000 | |
| 46B | DB (Deutsche Boerse AG) | Yes | Class A Non-Voting Common Stock | DE | EUR | Jan 2000 |
Biography
Reading International, Inc., together with its subsidiaries, engages in the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand....
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/24 00:01 |
| End of Day Share Price | 2021/02/23 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.