Reading International, Inc. Class AFind Ratings Reports
READING INTL INC's gross profit margin for the fourth quarter of its fiscal year 2020 has significantly decreased when compared to the same period a year ago. Even though sales decreased, the net income has increased. READING INTL INC has very weak liquidity. Currently, the Quick Ratio is 0.29 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.
At the same time, stockholders' equity ("net worth") has significantly decreased by 42.54% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
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|Income Statement||Q4 FY20||Q4 FY19|
|Net Sales ($mil)||15.02||68.88|
|Net Income ($mil)||-17.39||-27.49|
|Balance Sheet||Q4 FY20||Q4 FY19|
|Cash & Equiv. ($mil)||26.86||12.19|
|Total Assets ($mil)||690.17||674.99|
|Total Debt ($mil)||518.21||450.76|
|Profitability||Q4 FY20||Q4 FY19|
|Gross Profit Margin||-43.91||21.43|
|Return on Assets||-9.44||-3.91|
|Return on Equity||-83.84||-19.53|
|Debt||Q4 FY20||Q4 FY19|
|Share Data||Q4 FY20||Q4 FY19|
|Shares outstanding (mil)||21.75||21.78|
|Div / share||0.0||0.0|
|Book value / share||3.58||6.21|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||62270.0||114453.0|
SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. For additional comparison, its price-to-book ratio of 1.70 indicates a significant discount versus the S&P 500 average of 4.43 and a significant discount versus the subsector average of 31.99. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. After reviewing these and other key valuation criteria, READING INTL INC proves to trade at a discount to investment alternatives.
|RDI NM||Peers 49.73||RDI NM||Peers 90.50|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
RDI's P/E is negative making this valuation measure meaningless.
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
RDI's P/CF is negative making the measure meaningless.
|RDI 152.00||Peers 59.51||RDI NA||Peers 0.71|
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings.
RDI's ratio is negative making this valuation measure meaningless.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|RDI 1.70||Peers 31.99||RDI -149.16||Peers -248.36|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
RDI is trading at a significant discount to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
RDI is expected to have an earnings growth rate that significantly exceeds its peers.
|RDI 1.70||Peers 10.51||RDI -71.87||Peers 16.35|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
RDI is trading at a significant discount to its subsector on this measurement.
Lower. A sales growth rate that trails the subsector implies that a company is losing market share.
RDI significantly trails its peers on the basis of sales growth.