Stock fact sheet · data as of
Reading International, Inc. (RDIB): fair value, margin of safety and Wheel Score
Ticker symbol RDIB · Communication Services · Entertainment · United States · Class B common stock · Speculative
RDIB is Reading International, Inc.'s Class B common stock. The company also lists RDI (Class A common stock). The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is RDIB undervalued?
RDIB has a margin of safety of 50%: the stock closed at 10.57 on 5 Nov 2026 against a GLS average fair value of 20.94. 1 of the 2 valuation models that produced a number sit above the price. Our scans treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
The average is built from just 2 models (DCF, 10 Cap) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files RDIB under Speculative - it is losing money or its Piotroski health score is 3 or lower - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for RDIB
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 33.35 | +215% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | 8.53 | -19% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -102.79 | -1072% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Reading International, Inc. scores 5 of 9 on the Piotroski F-score: a middling result that falls one point short of the "Piotroski 6 or more" Wheel Trade Filter. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 0.7/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC -4.1%, ROE 77.5%, ROA -3.3% - with debt at -19.79 times equity and a free-cash-flow yield of 8.5%.
Reading International, Inc. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Cinema 94%, Real Estate Revenue 6% (quarter Q2 FY2026).
Institutional ownership scores 1/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | -4.1% |
|---|---|---|---|
| GLS Moat | 0.7 / 10 | ROE | 77.5% |
| Debt / equity | -19.79 | ROA | -3.3% |
| Free-cash-flow yield | 8.5% | Payout ratio | 0% |
| Institutions | 1 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 27: No options
No options are listed on Reading International, Inc. in our nightly snapshot, so it fails the first Wheel Trade Filter (options that actually trade) (it reads 27, under 70) and is left out of every options scan; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 10k shares a day on a market cap of $44M, with a beta of 0.77 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 5/9 (under 6) |
| 5 | Can repay its debt | Fails | debt with no positive cash flow to repay it |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | no implied volatility |
| 8 | Big enough | Fails | market cap $44M (under $1.0B) |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 50% below fair value | |
| Premium | Weak | no option data | |
| Moat | Weak | moat 0.7/10 | |
| Health | Fair | Piotroski 5/9 | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Fair | beta 0.77, $44M company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
Reading International, Inc. reports earnings on 12 Nov 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Entertainment
The 12 companies below are the closest to Reading International, Inc. by market cap within the Entertainment industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| CNVS Cineverse Corp. | 1.59 | - | - | 11Weak | $42M |
| CHND China Media Inc. | 1.00 | - | - | 12No options | $40M |
| LFS LEIFRAS Co., Ltd. American Depositary Shares | 2.03 | 4.56 | +56% | 34No options | $53M |
| CPOP Pop Culture Group Co., Ltd | 2.96 | - | - | 12No options | $34M |
| RDI Reading International, Inc. | 1.68 | 19.15 | +91% | 28Weak | $59M |
| GAIA Gaia, Inc. | 1.28 | 2.81 | +54% | 23Weak | $33M |
| TOON Kartoon Studios Inc. | 0.5197 | 4.02 | +87% | 24Weak | $32M |
| ANGH Anghami Inc. | 3.55 | - | - | 12No options | $32M |
| AASP Agassi Sports Entertainment Corp. | 5.00 | - | - | 10No options | $66M |
| TGE Generation Essentials Group | 0.4621 | 5.38 | +91% | 26No options | $20M |
| AMCX AMC Global Media Inc. | 8.46 | 175.42 | +95% | 41Weak | $274M |
| STRZ Starz Entertainment Corp. | 25.38 | 25.90 | +2% | 14Weak | $438M |
⚖ Compare RDIB with 7 of them All Communication Services stocks →
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Start free See the Sunday ScanQuestions about RDIB
What is the difference between RDIB and RDI?
RDIB is Reading International, Inc.'s Class B common stock; RDI is its Class A common stock. They own the same company and report the same earnings, so their prices move almost together. The difference is mainly the vote each share carries, set out in the annual report. For selling options either works - pick the class whose options trade more.
Is RDIB undervalued right now?
By the GLS models, yes: at 10.57 the stock is 50% below the average fair value of 20.94 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of RDIB and what does it mean?
RDIB has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for RDIB?
20.94 per share as of 5 Nov 2026 - the simple average of the 2 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Reading International, Inc. report earnings next?
The next earnings report is due on 12 Nov 2026 (before the open), 7 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does RDIB have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on RDIB, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.