Reading International B Stock Return On Equity
| RDIB Stock | USD 15.80 0.40 2.60% |
Reading International B fundamentals help investors to digest information that contributes to Reading International's financial success or failures. It also enables traders to predict the movement of Reading Stock. The fundamental analysis module provides a way to measure Reading International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Reading International stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.93) | (0.88) |
Reading | Return On Equity |
Reading International B Company Return On Equity Analysis
Reading International's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Reading International Return On Equity | -0.65 |
Most of Reading International's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Reading International B is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Reading Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Reading International is extremely important. It helps to project a fair market value of Reading Stock properly, considering its historical fundamentals such as Return On Equity. Since Reading International's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Reading International's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Reading International's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Reading Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Reading International B has a Return On Equity of -0.6478. This is 106.24% lower than that of the Entertainment sector and significantly lower than that of the Communication Services industry. The return on equity for all United States stocks is 108.97% higher than that of the company.
Reading Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reading International's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Reading International could also be used in its relative valuation, which is a method of valuing Reading International by comparing valuation metrics of similar companies.Reading International is currently under evaluation in return on equity category among related companies.
Reading International Current Valuation Drivers
We derive many important indicators used in calculating different scores of Reading International from analyzing Reading International's financial statements. These drivers represent accounts that assess Reading International's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Reading International's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 253.2M | 109.2M | 88.1M | 61.0M | 42.4M | 40.3M | |
| Enterprise Value | 691.7M | 606.5M | 485.9M | 474.7M | 445.8M | 244.6M |
Reading Fundamentals
| Return On Equity | -0.65 | ||||
| Return On Asset | -0.0134 | ||||
| Profit Margin | (0.14) % | ||||
| Operating Margin | (0.15) % | ||||
| Current Valuation | 758.73 M | ||||
| Shares Outstanding | 1.68 M | ||||
| Shares Owned By Insiders | 82.19 % | ||||
| Shares Owned By Institutions | 9.96 % | ||||
| Number Of Shares Shorted | 4.94 K | ||||
| Price To Earning | 36.88 X | ||||
| Price To Book | 9.26 X | ||||
| Price To Sales | 0.27 X | ||||
| Revenue | 222.74 M | ||||
| Gross Profit | 6.05 M | ||||
| EBITDA | 25.44 M | ||||
| Net Income | (30.67 M) | ||||
| Cash And Equivalents | 51.39 M | ||||
| Cash Per Share | 2.33 X | ||||
| Total Debt | 418.77 M | ||||
| Debt To Equity | 5.62 % | ||||
| Current Ratio | 0.49 X | ||||
| Book Value Per Share | 1.48 X | ||||
| Cash Flow From Operations | (10.6 M) | ||||
| Short Ratio | 1.22 X | ||||
| Earnings Per Share | (1.38) X | ||||
| Number Of Employees | 2.02 K | ||||
| Beta | 1.6 | ||||
| Market Capitalization | 61.82 M | ||||
| Total Asset | 583.41 M | ||||
| Retained Earnings | (79.49 M) | ||||
| Working Capital | (88.37 M) | ||||
| Net Asset | 583.41 M |
About Reading International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reading International B's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reading International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reading International B based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Reading International Piotroski F Score and Reading International Altman Z Score analysis. For information on how to trade Reading Stock refer to our How to Trade Reading Stock guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Reading Stock analysis
When running Reading International's price analysis, check to measure Reading International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reading International is operating at the current time. Most of Reading International's value examination focuses on studying past and present price action to predict the probability of Reading International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reading International's price. Additionally, you may evaluate how the addition of Reading International to your portfolios can decrease your overall portfolio volatility.
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Is Reading International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Reading International. If investors know Reading will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Reading International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.29) | Earnings Share (1.38) | Revenue Per Share 10.023 | Quarterly Revenue Growth (0.04) | Return On Assets (0.01) |
The market value of Reading International is measured differently than its book value, which is the value of Reading that is recorded on the company's balance sheet. Investors also form their own opinion of Reading International's value that differs from its market value or its book value, called intrinsic value, which is Reading International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reading International's market value can be influenced by many factors that don't directly affect Reading International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reading International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reading International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reading International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.