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A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Reading International's Debt-to-EBITDA or its related term are showing as below:
FRA:46B'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -13.75 Med: 9.83 Max: 398.57
Current: 24.3
During the past 13 years, the highest Debt-to-EBITDA Ratio of Reading International was 398.57. The lowest was -13.75. And the median was 9.83.
FRA:46B's Debt-to-EBITDA is ranked worse than 97.5% of 680
companies
in the Media - Diversified industry
Industry Median: 1.625
vs FRA:46B: 24.30
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Reading International Debt-to-EBITDA Related Terms
Reading International Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Reading International's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:46B vs GAIA, CRSF, CNVS: Debt-to-EBITDA Comparison
For the Entertainment subindustry, Reading International's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Reading International Debt-to-EBITDA vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Reading International's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Reading International's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Reading International (FRA:46B) has a Debt-to-EBITDA of -172.55 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Reading International. According to the industry distribution chart, Reading International ranks #663 out of 680 companies in the Media - Diversified industry, placing it in the top 97.5%.
Is Reading International's Debt-to-EBITDA too high?
Reading International's current Debt-to-EBITDA is -172.55. Based on the distribution chart, Reading International ranks #663 out of 680 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Reading International has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Reading International's Debt-to-EBITDA compare to GAIA and CRSF?
According to the Media - Diversified industry distribution chart, Reading International ranks #663 out of 680 companies for Debt-to-EBITDA. This places Reading International in the lower half of its industry. The industry median Debt-to-EBITDA is 1.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Media - Diversified company?
The median Debt-to-EBITDA among Media - Diversified companies is 1.63, based on 680 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Reading International. For the Media - Diversified industry, the median Debt-to-EBITDA is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reading International's current Debt-to-EBITDA is -172.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reading International stock overvalued right now?
Reading International (FRA:46B) has a current Debt-to-EBITDA of -172.55. The stock's GF Value™ is €1.09, compared to a current price of €1.15 — trading 5.5% above its estimated fair value. The current Debt-to-EBITDA is -172.55. Reading International's overall GF Score™ is 58/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Reading International (FRA:46B), the current Debt-to-EBITDA is -172.55 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Reading International (FRA:46B) Overvalued in 2026?
Based on GuruFocus' analysis, Reading International stock appears to be overvalued.
The current stock price of €1.15 is trading 5.5% above its estimated GF Value™ of €1.09.
Key valuation signals for FRA:46B:
Debt-to-EBITDA: -172.55
GF Value™: €1.09 vs. price of €1.15 (5.5% above fair value)
No single metric tells the full story. See the FRA:46B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reading International Inc is a diversified company, engaged in the development, ownership, and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. It operates through two segments: the Cinema segment includes Reading Cinemas, Angelika Film Center, Consolidated Theatres, and City Cinemas; the Real Estate segment includes real estate development and the rental or licensing of retail, commercial and live theater assets.
58GF Score
Get the complete analysis for FRA:46B
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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