(BATRK) Atlanta Braves Holdings - Ratings and Ratios
Baseball, Stadium, Retail, Office, Hotel
EPS (Earnings per Share)
Revenue
Dividends
Currently no dividends paid| Risk via 5d forecast | |
|---|---|
| Volatility | 18.7% |
| Value at Risk 5%th | 30.4% |
| Relative Tail Risk | -1.13% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.06 |
| Alpha | -7.44 |
| CAGR/Max DD | 0.36 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.474 |
| Beta | 0.497 |
| Beta Downside | 0.578 |
| Drawdowns 3y | |
|---|---|
| Max DD | 19.63% |
| Mean DD | 8.33% |
| Median DD | 8.31% |
Description: BATRK Atlanta Braves Holdings November 08, 2025
Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) is the corporate entity that, via its subsidiary Braves Holdings, LLC, owns and operates the Atlanta Braves MLB franchise. The business is split between a traditional baseball operation and a mixed-use development platform centered on Truist Park and the adjacent Battery Atlanta complex, which houses retail, office, hotel, and entertainment assets.
Key performance indicators that investors typically track for a sports-entertainment operator include average ticket price, stadium attendance, and non-ticket revenue per fan. In the most recent fiscal quarter (Q2 2024), the Braves reported an average ticket price of roughly $78 and a stadium-wide attendance rate of 95 % capacity, while ancillary revenue from The Battery Atlanta (food-beverage, merchandise, and events) grew about 12 % year-over-year, reflecting the broader trend of teams monetizing “experience” assets.
The sector’s growth is driven by two macro forces: (1) the continued rise of “live-experience” demand post-pandemic, which boosts ticket and hospitality spend, and (2) the increasing importance of ancillary real-estate development that diversifies revenue away from the volatility of on-field performance. Both factors tend to improve cash-flow stability and can support higher valuation multiples for publicly traded sports-entertainment companies.
For a deeper dive into BATRK’s valuation dynamics and how its mixed-use model compares with peers, you may find it useful to explore the analytics available on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 2.0
| Net Income (-1.04m TTM) > 0 and > 6% of Revenue (6% = 89.8m TTM) |
| FCFTA -0.02 (>2.0%) and ΔFCFTA -0.86pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -2.18% (prev -14.38%; Δ 12.20pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.02 (>3.0%) and CFO 27.7m > Net Income -1.04m (YES >=105%, WARN >=100%) |
| Net Debt (785.7m) to EBITDA (46.2m) ratio: 17.00 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.87 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (63.8m) change vs 12m ago 1.18% (target <= -2.0% for YES) |
| Gross Margin 36.64% (prev 20.73%; Δ 15.91pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 92.72% (prev 43.56%; Δ 49.15pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -0.54 (EBITDA TTM 46.2m / Interest Expense TTM 44.4m) >= 6 (WARN >= 3) |
Altman Z'' -1.88
| (A) -0.02 = (Total Current Assets 217.1m - Total Current Liabilities 249.7m) / Total Assets 1.67b |
| (B) -0.34 = Retained Earnings (Balance) -567.6m / Total Assets 1.67b |
| (C) -0.01 = EBIT TTM -23.9m / Avg Total Assets 1.61b |
| (D) -0.52 = Book Value of Equity -570.3m / Total Liabilities 1.10b |
| Total Rating: -1.88 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 39.27
| 1. Piotroski 2.0pt |
| 2. FCF Yield -0.86% |
| 3. FCF Margin -1.89% |
| 4. Debt/Equity 1.55 |
| 5. Debt/Ebitda 17.00 |
| 6. ROIC - WACC (= -7.51)% |
| 7. RoE -0.20% |
| 8. Rev. Trend 31.24% |
| 9. EPS Trend 31.62% |
What is the price of BATRK shares?
Over the past week, the price has changed by -0.18%, over one month by +0.53%, over three months by -3.56% and over the past year by +4.00%.
Is BATRK a buy, sell or hold?
- Strong Buy: 3
- Buy: 0
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the BATRK price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 58.4 | 47.7% |
| Analysts Target Price | 58.4 | 47.7% |
| ValueRay Target Price | 40.1 | 1.5% |
BATRK Fundamental Data Overview December 27, 2025
P/E Forward = 322.5806
P/S = 3.4722
P/B = 4.4237
Beta = 0.738
Revenue TTM = 1.50b USD
EBIT TTM = -23.9m USD
EBITDA TTM = 46.2m USD
Long Term Debt = 655.1m USD (from longTermDebt, last quarter)
Short Term Debt = 111.0m USD (from shortTermDebt, last quarter)
Debt = 868.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 785.7m USD (from netDebt column, last quarter)
Enterprise Value = 3.30b USD (2.51b + Debt 868.0m - CCE 82.2m)
Interest Coverage Ratio = -0.54 (Ebit TTM -23.9m / Interest Expense TTM 44.4m)
FCF Yield = -0.86% (FCF TTM -28.3m / Enterprise Value 3.30b)
FCF Margin = -1.89% (FCF TTM -28.3m / Revenue TTM 1.50b)
Net Margin = -0.07% (Net Income TTM -1.04m / Revenue TTM 1.50b)
Gross Margin = 36.64% ((Revenue TTM 1.50b - Cost of Revenue TTM 948.4m) / Revenue TTM)
Gross Margin QoQ = 41.84% (prev 24.56%)
Tobins Q-Ratio = 1.97 (Enterprise Value 3.30b / Total Assets 1.67b)
Interest Expense / Debt = 1.42% (Interest Expense 12.3m / Debt 868.0m)
Taxrate = 27.99% (11.7m / 41.8m)
NOPAT = -17.2m (EBIT -23.9m * (1 - 27.99%)) [loss with tax shield]
Current Ratio = 0.87 (Total Current Assets 217.1m / Total Current Liabilities 249.7m)
Debt / Equity = 1.55 (Debt 868.0m / totalStockholderEquity, last quarter 560.3m)
Debt / EBITDA = 17.00 (Net Debt 785.7m / EBITDA 46.2m)
Debt / FCF = -27.74 (negative FCF - burning cash) (Net Debt 785.7m / FCF TTM -28.3m)
Total Stockholder Equity = 523.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -0.06% (Net Income -1.04m / Total Assets 1.67b)
RoE = -0.20% (Net Income TTM -1.04m / Total Stockholder Equity 523.4m)
RoCE = -2.03% (EBIT -23.9m / Capital Employed (Equity 523.4m + L.T.Debt 655.1m))
RoIC = -1.42% (negative operating profit) (NOPAT -17.2m / Invested Capital 1.22b)
WACC = 6.10% (E(2.51b)/V(3.38b) * Re(7.85%) + D(868.0m)/V(3.38b) * Rd(1.42%) * (1-Tc(0.28)))
Discount Rate = 7.85% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 33.33 | Cagr: 1.53%
Fair Price DCF = unknown (Cash Flow -28.3m)
EPS Correlation: 31.62 | EPS CAGR: 17.57% | SUE: 1.01 | # QB: 1
Revenue Correlation: 31.24 | Revenue CAGR: 90.02% | SUE: 4.0 | # QB: 1
EPS next Quarter (2026-03-31): EPS=-0.69 | Chg30d=+0.109 | Revisions Net=+1 | Analysts=2
EPS next Year (2026-12-31): EPS=-0.16 | Chg30d=+0.255 | Revisions Net=+3 | Growth EPS=+29.6% | Growth Revenue=+5.7%
Additional Sources for BATRK Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle