Overview Dividends

(BATRK) Atlanta Braves Holdings - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US0477263026

Baseball, Stadium, Retail, Office, Hotel

BATRK EPS (Earnings per Share)

EPS Growth (3Y CAGR): 72.63%
EPS Trend (3Y Correlation): 64.0%

BATRK Revenue

Revenue Growth (3Y CAGR): 8.13%
Revenue Trend (3Y Correlation): 6.4%

Risk via 10d forecast
Volatility	21.9%
Value at Risk 5%th	34.8%

Reward
Sharpe Ratio	-0.42
Alpha Jensen	-17.93

Character
Hurst Exponent	0.525
Beta	0.850

Drawdowns 3y
Max DD	19.63%
Mean DD	7.77%

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.

BATRK Stock Overview

Market Cap in USD	2,553m
Sub-Industry	Movies & Entertainment
IPO / Inception	2016-04-18
Return 12m vs S&P 500	-17.1%
Analyst Rating	4.50 of 5

BATRK Dividends

Currently no dividends paid

BATRK Growth Ratios

CAGR	8.17%
CAGR/Max DD Calmar Ratio	0.42
CAGR/Mean DD Pain Ratio	1.05
Current Volume	155.7k
Average Volume	294.2k

Piotroski VR‑10 (Strict, 0-10) 2.5

Net Income (-30.3m TTM) > 0 and > 6% of Revenue (6% = 42.1m TTM)

FCFTA 0.03 (>2.0%) and ΔFCFTA 8.07pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -19.17% (prev -21.21%; Δ 2.04pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.03 (>3.0%) and CFO 47.5m > Net Income -30.3m (YES >=105%, WARN >=100%)

Current Ratio 0.64 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (62.6m) change vs 12m ago 0.96% (target <= -2.0% for YES)

Gross Margin 22.65% (prev 17.73%; Δ 4.92pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 43.13% (prev 41.91%; Δ 1.22pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -1.41 (EBITDA TTM 6.79m / Interest Expense TTM 41.6m) >= 6 (WARN >= 3)

Altman Z'' -2.47

(A) -0.08 = (Total Current Assets 236.5m - Total Current Liabilities 371.2m) / Total Assets 1.68b

(B) -0.35 = Retained Earnings (Balance) -597.5m / Total Assets 1.68b

(D) -0.52 = Book Value of Equity -600.8m / Total Liabilities 1.15b

Total Rating: -2.47 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 39.50

1. Piotroski 2.50pt = -2.50

2. FCF Yield 1.73% = 0.87

3. FCF Margin 8.04% = 2.01

4. Debt/Equity 1.54 = 1.42

5. Debt/Ebitda 104.2 = -2.50

6. ROIC - WACC (= -10.71)% = -12.50

7. RoE -5.88% = -0.98

8. Rev. Trend 6.40% = 0.48

9. EPS Trend 63.99% = 3.20

What is the price of BATRK shares?

As of November 13, 2025, the stock is trading at USD 39.01 with a total of 155,660 shares traded.
Over the past week, the price has changed by -2.84%, over one month by -3.13%, over three months by -12.16% and over the past year by -3.92%.

Is Atlanta Braves Holdings a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Atlanta Braves Holdings (NASDAQ:BATRK) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 39.50 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of BATRK is around 34.74 USD . This means that BATRK is currently overvalued and has a potential downside of -10.95%.

Is BATRK a buy, sell or hold?

Atlanta Braves Holdings has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy BATRK.

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	49.7%
Analysts Target Price	58.4	49.7%
ValueRay Target Price	38.3	-1.8%

BATRK Fundamental Data Overview November 01, 2025

Market Cap USD = 2.55b (2.55b USD * 1.0 USD.USD)
P/E Forward = 322.5806
P/S = 3.6346
P/B = 4.9236
Beta = 0.85
Revenue TTM = 702.4m USD
EBIT TTM = -58.6m USD
EBITDA TTM = 6.79m USD
Long Term Debt = 598.7m USD (from longTermDebt, last quarter)
Short Term Debt = 104.4m USD (from shortTermDebt, last quarter)
Debt = 803.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 707.7m USD (from netDebt column, last quarter)
Enterprise Value = 3.26b USD (2.55b + Debt 803.9m - CCE 96.2m)
Interest Coverage Ratio = -1.41 (Ebit TTM -58.6m / Interest Expense TTM 41.6m)
FCF Yield = 1.73% (FCF TTM 56.5m / Enterprise Value 3.26b)
FCF Margin = 8.04% (FCF TTM 56.5m / Revenue TTM 702.4m)
Net Margin = -4.32% (Net Income TTM -30.3m / Revenue TTM 702.4m)
Gross Margin = 22.65% ((Revenue TTM 702.4m - Cost of Revenue TTM 543.4m) / Revenue TTM)
Gross Margin QoQ = 24.56% (prev -8.39%)
Tobins Q-Ratio = 1.94 (Enterprise Value 3.26b / Total Assets 1.68b)
Interest Expense / Debt = 1.45% (Interest Expense 11.7m / Debt 803.9m)
Taxrate = 29.41% (12.3m / 41.8m)
NOPAT = -41.3m (EBIT -58.6m * (1 - 29.41%)) [loss with tax shield]
Current Ratio = 0.64 (Total Current Assets 236.5m / Total Current Liabilities 371.2m)
Debt / Equity = 1.54 (Debt 803.9m / totalStockholderEquity, last quarter 522.8m)
Debt / EBITDA = 104.2 (Net Debt 707.7m / EBITDA 6.79m)
Debt / FCF = 12.54 (Net Debt 707.7m / FCF TTM 56.5m)
Total Stockholder Equity = 515.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -1.80% (Net Income -30.3m / Total Assets 1.68b)
RoE = -5.88% (Net Income TTM -30.3m / Total Stockholder Equity 515.9m)
RoCE = -5.26% (EBIT -58.6m / Capital Employed (Equity 515.9m + L.T.Debt 598.7m))
RoIC = -3.50% (negative operating profit) (NOPAT -41.3m / Invested Capital 1.18b)
WACC = 7.20% (E(2.55b)/V(3.36b) * Re(9.15%) + D(803.9m)/V(3.36b) * Rd(1.45%) * (1-Tc(0.29)))
Discount Rate = 9.15% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.56%
[DCF Debug] Terminal Value 65.61% ; FCFE base≈56.5m ; Y1≈37.1m ; Y5≈17.0m
Fair Price DCF = 5.43 (DCF Value 279.3m / Shares Outstanding 51.5m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 63.99 | EPS CAGR: 72.63% | SUE: 0.0 | # QB: 0
Revenue Correlation: 6.40 | Revenue CAGR: 8.13% | SUE: 0.14 | # QB: 0

Additional Sources for BATRK Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle