Reading International B Inc logo

Reading International B Inc(RDIB)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
1-STAR RATING
Consider higher Upturn Star rating
BUY for 21 days
PROFIT SINCE LAST BUY
+6.3% ▲
LAST CLOSE
$16.37
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for RDIB

09/25/2026: RDIB (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Reading International B Inc is a specialized operator that balances a portfolio of multi-screen cinema venues with commercial real estate development. Its core strengths lie in its dual-asset structure, which offers potential value through physical property ownership beyond cinema operations. The company faces significant risks from the long-term shift toward streaming and intense competition from larger theater chains. While the real estate segment provides a potential hedge, the company's performance is closely tied to theatrical release schedules and box office success. It may suit investors looking for exposure to niche entertainment and real estate assets, provided they monitor the company's debt management and property monetization efforts.

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 industry headwinds that limit high-growth potential.
Momentum investorWeak fitThe stock lacks the consistent positive momentum often required by this strategy.
Value investorMixed fitPotential exists in real estate asset valuation, but it remains speculative.
Dividend investorWeak fitThe company does not provide a reliable or substantial dividend yield.
Low-risk investorWeak fitThe company's exposure to cinema volatility and debt makes it unsuitable for low-risk profiles.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock is subject to significant swings based on industry reports and operational news.
Valuation riskMedium / highValuation is complex due to the mix of theater and real estate assets.
Competition risk (Streaming & Major Chains)HighStrong competition from major cinema chains and streaming services limits pricing power.
Business qualityMediumThe business model relies heavily on consistent theater attendance and asset utilization.
Dividend incomeLow / noneThere is currently no meaningful income generated for dividend investors.
Execution riskMedium / highSuccess depends on the effective management of both cinema operations and real estate portfolios.

Price Behavior

Flat / Range-Bound
PRICE PATH

Flat / Range-Bound

The stock price has been trading within a narrow range with minimal directional movement.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit -42.4%
Avg. Invested days 23
Today’s Advisory Consider higher Upturn Star rating
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
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 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
RDIB receives a 2-star rating, supported by available scored pillars. The rating is constrained by weak unit economics, and soft analyst coverage.

Company Fundamentals

★★★★★
RDIB 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 soft cash generation (FCF margin -0.8%), slightly negative revenue growth (-3.6%), soft profitability (net margin -7.0%).

Financial Health Rating

★★★★★
RDIB's financial health is supported by 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 RDIB's strongest growth driver at +84.2% 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 14.8% and approximately 930.4% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 82.19% supports management-shareholder alignment.

Top 5 Institutional Investors

Teton Advisors, LLC 0.32%
Gamco Investors, Inc. Et Al 0.15%
Dimensional Fund Advisors, Inc. 0.08%
Gabelli Funds LLC 0.06%
Vanguard Fiduciary Trust Co 0.02%

Unit Economics (Per $1K Revenue)

★★★★★
RDIB generates approximately $134 of gross profit, $-26 of operating income, and $-8 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

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

Quantitative Style Profile

★★★★★
RDIB has a liquid profile. Valuation that is moderately attractive rather than deeply discounted is the primary drawback.

Style Classification

Quality Focused

Small / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 374.71M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) 349.3K shares
Beta 0.84
52 Weeks Range 8.00 - 24.00
Updated Date 09/27/2026
52 Weeks Range 8.00 - 24.00
Updated Date 09/27/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.55

How Company Makes Money

Business areaWhat it includesRetail investor read
Cinema ExhibitionTicket sales, concessions, and advertising.The primary revenue driver is people buying tickets and food at the movies.
Real EstateRental income from commercial and residential tenants.Rental income provides a more stable, non-theatrical source of revenue.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE -
Forward PE 10.26
Enterprise Value 421.38M
Price to Sales(TTM) 1.75
Enterprise Value 421.38M
Price to Sales(TTM) 1.75
Enterprise Value to Revenue 1.96
Enterprise Value to EBITDA 20.95
Shares Outstanding 1.68M
Shares Floating 15.64M
Shares Outstanding 1.68M
Shares Floating 15.64M
Percent Insiders 82.19
Percent Institutions 14.82

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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.

About Reading International B Inc

Exchange NASDAQ
Headquarters New York, NY, United States
IPO Launch date 2000-01-05
President, CEO & Vice Chairman Ms. Ellen Marie Cotter J.D.
Sector Communication Services
Industry Entertainment
Full time employees 2025
Full time employees 2025

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. It operates in two segments, Cinema Exhibition and Real Estate. The Cinema Exhibition segment operates cinemas. The Real Estate segment develops, rents, or licenses retail, commercial, and live theater assets. It operates its cinema exhibition businesses under the Reading Cinemas, Consolidated Theatres, Angelika Film Center, Angelika Film Center, Event Cinemas, and Rialto Cinemas brands; real estate leasing under the Union Square, Newmarket Village, and The Belmont Common brands; and an off-broadway live theater under the Liberty Theaters. The company was incorporated in 1999 and is headquartered in New York, New York.