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 -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -16.43%, its profits have risen by 67.6%
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -16.43% 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.
-16.43%
-0.46
45.09%
S&P 500
14.9%
0.77
19.29%
Quality key factors
Factor
Value
Sales Growth (5y)
9.95%
EBIT Growth (5y)
14.15%
EBIT to Interest (avg)
-2.36
Debt to EBITDA (avg)
15.09
Net Debt to Equity (avg)
-25.24
Sales to Capital Employed (avg)
0.92
Tax Ratio
0.85%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
47.11%
ROCE (avg)
0
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
-4.50
EV to EBIT
-86.24
EV to EBITDA
8.62
EV to Capital Employed
1.38
EV to Sales
1.14
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-1.60%
ROE (Latest)
Negative BV
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bullish
Dow Theory
Mildly Bullish
Bearish
OBV
Mildly Bullish
Mildly Bearish
Technical Movement
13What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD 0.64 MM
NET PROFIT(HY)
Higher at USD -6.82 MM
ROCE(HY)
Highest at 0%
RAW MATERIAL COST(Y)
Fallen by -9.94% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 49.07 times
-1What is not working for the Company
INVENTORY TURNOVER RATIO(HY)
Lowest at 115.69 times
Here's what is working for Reading International, Inc.
Net Profit
Higher at USD -6.82 MM
than preceding 12 month period ended Sep 2025MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (USD MM)
Net Profit
At USD -6.82 MM has Grown at 65.59%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (USD MM)
Operating Cash Flow
Highest at USD 0.64 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (USD MM)
Debtors Turnover Ratio
Highest at 49.07 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 -9.94% (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
Here's what is not working for Reading International, Inc.
Inventory Turnover Ratio
Lowest at 115.69 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio






