Reading International Stock Return On Asset
| RDI Stock | USD 1.25 0.02 1.57% |
Reading International 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.
The current Return On Assets is estimated to decrease to -0.06. Reading | Return On Asset |
Reading International Company Return On Asset Analysis
Reading International's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Reading International Return On Asset | -0.0213 |
Most of Reading International's fundamental indicators, such as Return On Asset, 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 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Reading Return On Asset 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 Asset. 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.
Click cells to compare fundamentals
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Reading Total Assets
Total Assets |
|
Based on the latest financial disclosure, Reading International has a Return On Asset of -0.0213. This is 100.51% lower than that of the Entertainment sector and significantly lower than that of the Communication Services industry. The return on asset for all United States stocks is 84.79% lower than that of the firm.
Reading Return On Asset 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 Asset 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 asset category among its peers.
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 | 448.3M | 244.7M |
Reading Fundamentals
| Return On Equity | -1.4 | ||||
| Return On Asset | -0.0213 | ||||
| Profit Margin | (0.19) % | ||||
| Operating Margin | (0.09) % | ||||
| Current Valuation | 439.13 M | ||||
| Shares Outstanding | 20.75 M | ||||
| Shares Owned By Insiders | 19.67 % | ||||
| Shares Owned By Institutions | 49.67 % | ||||
| Number Of Shares Shorted | 131.3 K | ||||
| Price To Earning | 7.14 X | ||||
| Price To Book | 5.42 X | ||||
| Price To Sales | 0.20 X | ||||
| Revenue | 222.74 M | ||||
| Gross Profit | 6.05 M | ||||
| EBITDA | 9.12 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 | 5.45 X | ||||
| Earnings Per Share | (1.88) X | ||||
| Target Price | 1.75 | ||||
| Number Of Employees | 2.02 K | ||||
| Beta | 1.62 | ||||
| Market Capitalization | 39.9 M | ||||
| Total Asset | 533.05 M | ||||
| Retained Earnings | (79.49 M) | ||||
| Working Capital | (88.37 M) | ||||
| Current Asset | 36.92 M | ||||
| Current Liabilities | 75.32 M | ||||
| Net Asset | 533.05 M |
About Reading International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reading International'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 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.
Currently Active Assets on Macroaxis
When determining whether Reading International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Reading International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Reading International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Reading International Stock:Check out Reading International Piotroski F Score and Reading International Altman Z Score analysis. For more detail on how to invest in Reading Stock please use our How to Invest in Reading International guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Movies & Entertainment space 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 (1.88) | Revenue Per Share 9.128 | Quarterly Revenue Growth (0.28) | Return On Assets (0.02) |
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.