Reading International Inc logo

Reading International Inc(RDI)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
2-STAR RATING
SELL
SELL for 5 days
PROFIT SINCE LAST BUY
+58.12% ▲
LAST CLOSE
$1.73
10/16/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for RDI

10/16/2026: RDI (2-star) is a SELL. SELL for 5 days. Simulated Profits (58.12%). Updated daily EoD!

Reading International is a small-cap company that combines cinema exhibition with commercial real estate operations across the US, Australia, and New Zealand. Its primary strength lies in its portfolio of strategic real estate, which offers potential value beyond traditional movie theater operations. However, the company faces significant risks from high debt levels, volatile theatrical box office demand, and intense competition from streaming services. The investment story depends on management's ability to successfully monetize real estate assets while navigating a challenging entertainment landscape. The stock is best suited for risk-tolerant investors willing to monitor debt management and the recovery of theatrical attendance.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorWeak fitThe company faces structural headwinds in its primary industry and lacks consistent growth catalysts.
Momentum investorWeak fitThe stock lacks sustained positive price momentum or volume support.
Value investorMixed fitWhile assets may be undervalued, the company's high debt and earnings volatility present significant risks.
Dividend investorWeak fitThe company does not pay a dividend, making it unsuitable for income-focused strategies.
Low-risk investorWeak fitHigh financial leverage and industry-specific risks lead to significant price volatility.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock is susceptible to large swings based on box office results and liquidity concerns.
Valuation riskMedium / highDetermining the true value of real estate assets vs. declining operating business complicates valuation.
Competition risk (cinema/streaming)HighStreaming platforms offer convenient alternatives that directly compete with theater attendance.
Business qualityMediumThe business operates in cyclical, low-margin sectors with intense competitive pressures.
Dividend incomeLow / noneNo dividend payments are made to shareholders.
Execution riskMedium / highSuccessfully monetizing real estate while managing debt is a complex operational challenge.

Price Behavior

Hockey-Stick Growth
PRICE PATH

Hockey-Stick Growth

The stock demonstrates a Hockey-Stick Growth price path pattern.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit -24.39%
Avg. Invested days 31
Today’s Advisory SELL
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/16/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
RDI receives a 2-star rating, reflecting soft or weak scores across the available pillars. The rating is constrained by weak unit economics, and weak price momentum.

Company Fundamentals

★★★★★
RDI has moderate overall fundamentals (3 stars), with soft financial health, solid growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+59.9%) is partially offset by weak cash generation (FCF margin -1.4%), slightly negative revenue growth (-3.6%), weak profitability (net margin -7.0%).

Financial Health Rating

★★★★★
RDI's financial health is soft, with the relatively strongest area being moderate efficiency, including operating-expense and cost-of-revenue discipline (opex 16.0% of revenue). Profitability is soft (2 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is RDI's strongest growth driver at +68.9% FY2025 versus FY2024 (strong, 5 stars). By comparison, earnings growth (+59.9%, strong) is also strong, while revenue growth (-3.6%, slightly negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 39.2% and approximately 73.7% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 19.64% supports management-shareholder alignment.

Top 5 Institutional Investors

Nantahala Capital Management, LLC 16.79%
Krilogy Advisors LLC 11.10%
Wittenberg Investment Management Inc 4.25%
Vanguard Capital Management, LLC 3.25%
Renaissance Technologies Corp 2.19%

Unit Economics (Per $1K Revenue)

★★★★★
RDI generates approximately $134 of gross profit, $-26 of operating income, and $-14 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses and cash burn explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: -6.18% (Tax Credit)

Quantitative Style Profile

★★★★★
RDI has a liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Small / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 39.60M USD
Price to earnings Ratio -
1Y Target Price 2
Price to earnings Ratio -
1Y Target Price 2
Volume (30-day avg) 56.0K shares
Beta 0.87
52 Weeks Range 0.94 - 2.41
Updated Date 10/17/2026
52 Weeks Range 0.94 - 2.41
Updated Date 10/17/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.53

How Company Makes Money

Business areaWhat it includesRetail investor read
Cinema ExhibitionTicket sales, food and beverage, and advertising revenue from cinema screens.Revenue depends heavily on the popularity of movie releases and consumer discretionary spending.
Real EstateRental income from retail and commercial properties.This provides more stable cash flows but is sensitive to local property market conditions.
GeographyOperations in the US, Australia, and New Zealand.International exposure provides some diversification, but also introduces currency risk.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE -
Forward PE 9.43
Enterprise Value 421.38M
Price to Sales(TTM) 0.18
Enterprise Value 421.38M
Price to Sales(TTM) 0.18
Enterprise Value to Revenue 1.96
Enterprise Value to EBITDA 20.95
Shares Outstanding 21.21M
Shares Floating 15.64M
Shares Outstanding 21.21M
Shares Floating 15.64M
Percent Insiders 19.64
Percent Institutions 39.23

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.