NASDAQ
According to Zyberno, READING INTERNATIONAL, INC. (RDI) shows a Value Trap signal — POOR BUSINESS (21/100) with an apparent Margin of Safety of +24.4%, but a Brina Gap of -44.0% reveals the current price still assumes faster growth than the business can deliver.
According to Zyberno's DCF model, READING INTERNATIONAL, INC. (RDI) trades at $2.13 against an estimated intrinsic value per share of $2.82 — a +24.4% Margin of Safety based on Owner Earnings of $2.06M TTM, projected at 65.0% growth for 10 years with a 2.5% terminal growth rate. The Brina Gap of -44.0% weakens the case: based on the company's ROIC (0.6%) and reinvestment rate (-769.9%), the business can fundamentally grow at -5.0% — but the current enterprise value implies the market expects 39.0%. This places RDI in the Value Trap quadrant of the Brina Matrix — a value-trap signal where the apparent discount is undermined by overpriced growth expectations. Zyberno's model translates this into a 5-year expected return of 34.4% annually.
Over the trailing twelve months, RDI generated $2.06M in Owner Earnings. Capital was deployed as follows: $1.60M invested in capital expenditures. Reinvestment rate: -769.9%. Owner Earnings have grown at 65.0% annually over the trailing five years using log-linear regression.