Why is Reading International, Inc. ?
1
With a Negative Book Value, the company has a Weak Long Term Fundamental Strength
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 15.09 times
- The company has reported losses and also has negative networth. This is not a good sign for the investors. Either company will have to raise fresh capital or report profits to sustain going forward
2
Risky - Negative Operating Profits
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -13.10%, its profits have risen by 13.4%
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -13.10% returns in the last 1 year, the stock has also underperformed S&P 500 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Media & Entertainment)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Reading International, Inc. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Reading International, Inc.
-20.38%
-0.28
53.15%
S&P 500
13.22%
0.61
20.17%
Quality key factors
Factor
Value
Sales Growth (5y)
2.71%
EBIT Growth (5y)
13.53%
EBIT to Interest (avg)
-2.36
Debt to EBITDA (avg)
15.09
Net Debt to Equity (avg)
-25.24
Sales to Capital Employed (avg)
0.88
Tax Ratio
0.85%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
51.19%
ROCE (avg)
0
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
-7.86
EV to EBIT
-19.92
EV to EBITDA
15.41
EV to Capital Employed
1.37
EV to Sales
1.30
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-6.85%
ROE (Latest)
Negative BV
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bullish
Technical Movement
21What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD 1.72 MM
ROCE(HY)
Highest at 0%
RAW MATERIAL COST(Y)
Fallen by -306% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 38.28 times
NET SALES(Q)
Highest at USD 60.38 MM
OPERATING PROFIT(Q)
Highest at USD 13.29 MM
OPERATING PROFIT MARGIN(Q)
Highest at 22.02 %
PRE-TAX PROFIT(Q)
Highest at USD -1.58 MM
NET PROFIT(Q)
At USD -2.67 MM has Grown at 60.23%
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for Reading International, Inc.
Operating Cash Flow
Highest at USD 1.72 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (USD MM)
Net Sales
Highest at USD 60.38 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (USD MM)
Net Sales
At USD 60.38 MM has Grown at 17.44%
over average net sales of the previous four periods of USD 51.41 MMMOJO Watch
Near term sales trend is positive
Net Sales (USD MM)
Operating Profit
Highest at USD 13.29 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (USD MM)
Operating Profit Margin
Highest at 22.02 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at USD -1.58 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (USD MM)
Pre-Tax Profit
At USD -1.58 MM has Grown at 76.78%
over average net sales of the previous four periods of USD -6.8 MMMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (USD MM)
Net Profit
At USD -2.67 MM has Grown at 60.23%
over average net sales of the previous four periods of USD -6.71 MMMOJO Watch
Near term Net Profit trend is positive
Net Profit (USD MM)
Debtors Turnover Ratio
Highest at 38.28 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -306% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at USD 10.4 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (USD MM)






