| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 1/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
RDI Stock Overview
Reading International, Inc., together with its subsidiaries, focuses on the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand.
Reading International Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$4.31 |
| 52 Week High | US$7.62 |
| 52 Week Low | US$3.86 |
| Beta | 1.71 |
| 1 Month Change | 5.90% |
| 3 Month Change | -10.58% |
| 1 Year Change | -41.12% |
| 3 Year Change | -72.65% |
| 5 Year Change | -73.64% |
| Change since IPO | 23.14% |
Recent News & Updates
Shareholders May Be Wary Of Increasing Reading International, Inc.'s (NASDAQ:RDI) CEO Compensation Package
Shareholders will probably not be too impressed with the underwhelming results at Reading International, Inc...
Should You Investigate Reading International, Inc. (NASDAQ:RDI) At US$4.24?
While Reading International, Inc. ( NASDAQ:RDI ) might not be the most widely known stock at the moment, it saw...
Shareholder Returns
| RDI | US Entertainment | US Market | |
|---|---|---|---|
| 7D | -0.2% | -13.4% | -5.1% |
| 1Y | -41.1% | -33.7% | 3.3% |
Return vs Industry: RDI underperformed the US Entertainment industry which returned -33.6% over the past year.
Return vs Market: RDI underperformed the US Market which returned 4.2% over the past year.
Price Volatility
| RDI volatility | |
|---|---|
| RDI Average Weekly Movement | 5.7% |
| Entertainment Industry Average Movement | 10.8% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.4% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: RDI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: RDI's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1937 | 1,491 | Ellen Cotter | https://www.readingrdi.com |
Reading International, Inc., together with its subsidiaries, focuses on the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand. The company operates in two segments, Cinema Exhibition and Real Estate. The Cinema Exhibition segment operates multiplex cinemas.
Reading International Fundamentals Summary
| RDI fundamental statistics | |
|---|---|
| Market Cap | US$125.49m |
| Earnings (TTM) | US$14.18m |
| Revenue (TTM) | US$104.16m |
6.6x
P/E Ratio0.9x
P/S RatioIs RDI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RDI income statement (TTM) | |
|---|---|
| Revenue | US$104.16m |
| Cost of Revenue | US$112.00m |
| Gross Profit | -US$7.84m |
| Expenses | -US$22.02m |
| Earnings | US$14.18m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.65 |
| Gross Margin | -7.53% |
| Net Profit Margin | 13.61% |
| Debt/Equity Ratio | 234.5% |
How did RDI perform over the long term?
See historical performance and comparisonValuation
Is Reading International undervalued compared to its fair value and its price relative to the market?
6.63x
Price to Earnings (PE) 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 good value based on its PE Ratio (6.6x) compared to the US Entertainment industry average (32x).
PE vs Market: RDI is good value based on its PE Ratio (6.6x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: RDI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: RDI is good value based on its PB Ratio (0.9x) compared to the US Entertainment industry average (2.1x).
Future Growth
How is Reading International forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-91.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RDI's earnings are forecast to decline over the next 3 years (-91.9% per year).
Earnings vs Market: RDI's earnings are forecast to decline over the next 3 years (-91.9% per year).
High Growth Earnings: RDI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: RDI's revenue (42.1% per year) is forecast to grow faster than the US market (9.1% per year).
High Growth Revenue: RDI's revenue (42.1% 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.
Past Performance
How has Reading International performed over the past 5 years?
-52.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RDI has a large one-off gain of $92.1M impacting its September 30 2021 financial results.
Growing Profit Margin: RDI became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: RDI's earnings have declined by 52% per year over the past 5 years.
Accelerating Growth: RDI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RDI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (19.5%).
Return on Equity
High ROE: RDI's Return on Equity (16.2%) is considered low.
Financial Health
How is Reading International's financial position?
Financial Position Analysis
Short Term Liabilities: RDI's short term assets ($105.5M) exceed its short term liabilities ($100.7M).
Long Term Liabilities: RDI's short term assets ($105.5M) do not cover its long term liabilities ($490.9M).
Debt to Equity History and Analysis
Debt Level: RDI's net debt to equity ratio (146.5%) is considered high.
Reducing Debt: RDI's debt to equity ratio has increased from 91.4% to 234.5% 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
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?
5.8yrs
Average management tenure
CEO
Ellen Cotter (55 yo)
6.58yrs
Tenure
US$1,220,358
Compensation
Ms. Ellen Marie Cotter has been Chief Executive Officer and President at Reading International, Inc. since January 8, 2016 and has been its Director since March 13, 2013 and serves as its Vice Chairman. Sh...
CEO Compensation Analysis
Compensation vs Market: Ellen's total compensation ($USD1.22M) is above average for companies of similar size in the US market ($USD584.00K).
Compensation vs Earnings: Ellen's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: RDI's management team is seasoned and experienced (5.8 years average tenure).
Board Members
Experienced Board: RDI's board of directors are considered experienced (8.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Reading International, Inc.'s 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
- Implied Market Cap: US$125.493m
- Shares outstanding: 21.81m
- Website: https://www.readingrdi.com
Number of Employees
Location
- Reading International, Inc.
- 5995 Sepulveda Boulevard
- Suite 300
- Culver City
- California
- 90230
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/26 00:53 |
| End of Day Share Price | 2022/01/25 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.