Reading International, Inc. (RDIB) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+126.8%

$23.79

vs $10.49 price

Levered DCF

-$4.08

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

-0.28

Distress zone

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-18.71×	-5.38×	-10.2×	-11.96×	15.9×	-7.18×	-23.31×	44.37×
P/B	-14.41×	-43.63×	9.46×	6.95×	4.86×	6.09×	4.56×	3.59×
P/S	1.29×	0.9×	1.4×	2.15×	3.64×	6.08×	2.23×	2.04×
EV / EBITDA	15.4×	32.38×	27.24×	37.97×	9.07×	-25.47×	31.29×	16.62×
Gross margin	13.4%	10.4%	11.9%	7.6%	4.4%	-28.0%	20.7%	23.8%
Operating margin	-2.6%	-6.7%	-5.4%	-14.0%	-30.1%	-78.7%	3.3%	7.8%
Net margin	-7.0%	-16.8%	-13.8%	-17.8%	23.0%	-83.7%	-9.5%	4.6%
Current ratio	0.17×	0.35×	0.3×	0.39×	0.94×	0.47×	0.24×	0.35×
Debt / equity	-19.79×	-89.42×	12.66×	7.06×	4.68×	6.74×	3.38×	0.92×
Interest coverage	-0.3×	-0.66×	-0.62×	-1.98×	-3.05×	-6.55×	1.15×	3.52×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	77.5%	808.9%	-92.7%	-57.6%	30.7%	-83.8%	-19.5%	8.2%
Return on invested capital	-1.5%	-3.5%	-2.3%	-4.9%	-5.8%	-9.0%	-16.7%	4.9%
Return on assets	-3.3%	-7.5%	-5.3%	-5.6%	4.6%	-9.4%	-3.9%	3.3%
Free cash flow yield	-0.6%	-5.2%	-4.8%	-8.3%	-5.3%	-10.3%	-3.4%	-4.9%
Earnings yield	-5.4%	-18.5%	-9.8%	-8.3%	6.3%	-13.8%	-4.3%	2.3%
Enterprise value	$613.2M	$568.3M	$716.2M	$845.7M	$910M	$970.6M	$1.1B	$782.1M
Net debt / EBITDA	8.8×	21.53×	15.34×	18.34×	4.02×	-13.05×	13.11×	3.18×
Cash conversion cycle (days)	-113	-93	-77	-80	-110	-110	-51	-43