(BATRK) Atlanta Braves Holdings - Overview

Sector: Communication Services | Industry: Entertainment | Exchange: NASDAQ (USA) | Market Cap: 2.873m USD | Total Return: 16.9% in 12m

Baseball, Stadium, Real Estate, Entertainment
Total Rating 24
Safety 31
Buy Signal -0.55
Entertainment
Industry Rotation: -7.7
Market Cap: 2.87B
Avg Turnover: 12.5M USD
ATR: 2.05%
Peers RS (IBD): 53.4
Risk 5d forecast
Volatility18.6%
Rel. Tail Risk-2.91%
Reward TTM
Sharpe Ratio0.68
Alpha0.34
Character TTM
Beta0.519
Beta Downside0.654
Drawdowns 3y
Max DD19.63%
CAGR/Max DD0.41
EPS (Earnings per Share) EPS (Earnings per Share) of BATRK over the last years for every Quarter: "2021-03": -1.13, "2021-06": 0.48, "2021-09": 0.39, "2021-12": -0.27, "2022-03": -0.25, "2022-06": 0.47, "2022-09": -0.42, "2022-12": -0.9, "2023-03": -1.11, "2023-06": -0.5, "2023-09": -0.4, "2023-12": -0.523, "2024-03": -0.83, "2024-06": 0.46, "2024-09": 0.16, "2024-12": -0.31, "2025-03": -0.66, "2025-06": 0.46, "2025-09": 0.47, "2025-12": -0.66,
EPS CAGR: -14.82%
EPS Trend: 22.1%
Last SUE: -0.81
Qual. Beats: 0
Revenue Revenue of BATRK over the last years for every Quarter: 2021-03: 16, 2021-06: 216, 2021-09: 234, 2021-12: 97.717, 2022-03: 21.53, 2022-06: 250.325, 2022-09: 245.447, 2022-12: 71.259, 2023-03: 30.972, 2023-06: 270.123, 2023-09: 271.824, 2023-12: 67.748, 2024-03: 37.08, 2024-06: 282.876, 2024-09: 290.674, 2024-12: 52.118, 2025-03: 47.211, 2025-06: 312.44, 2025-09: 1085, 2025-12: 61.303,
Rev. CAGR: 32.19%
Rev. Trend: 23.5%
Last SUE: 0.02
Qual. Beats: 0

Warnings

High Debt/EBITDA (7.4) with thin interest coverage (0.5)

High Debt while negative Cash Flow

Interest Coverage Ratio 0.5 is critical

Altman Z'' -2.62 < 1.0 - financial distress zone

Tailwinds

No distinct edge detected

Description: BATRK Atlanta Braves Holdings

Atlanta Braves Holdings, Inc. (BATRK) operates the Atlanta Braves Major League Baseball team. This falls under the broader sports entertainment sector, which generates revenue through ticket sales, broadcasting rights, and merchandise.

The company has two primary segments: Baseball and Mixed-Use Development. The Mixed-Use Development segment includes retail, office, hotel, and entertainment operations at The Battery Atlanta, adjacent to Truist Park. This business model diversifies revenue streams beyond traditional sports operations, a growing trend in professional sports franchises.

BATRK was incorporated in 2022 and is headquartered in Atlanta, Georgia. Further research on ValueRay can provide more detailed financial and operational data.

Headlines to Watch Out For
  • Ticket and concession sales drive baseball revenue
  • Media rights deals impact broadcasting income
  • Real estate development at Battery Atlanta boosts profits
  • Player salaries and team operational costs affect margins
  • Economic downturns reduce discretionary consumer spending
Piotroski VR‑10 (Strict) 2.0
Net Income: -23.4m TTM > 0 and > 6% of Revenue
FCF/TA: -0.07 > 0.02 and ΔFCF/TA -7.72 > 1.0
NWC/Revenue: -14.50% < 20% (prev -16.22%; Δ 1.72% < -1%)
CFO/TA 0.02 > 3% & CFO 25.2m > Net Income -23.4m
Net Debt (725.6m) to EBITDA (98.0m): 7.41 < 3
Current Ratio: 0.42 > 1.5 & < 3
Outstanding Shares: last quarter (63.8m) vs 12m ago 3.39% < -2%
Gross Margin: 35.80% > 18% (prev 0.22%; Δ 3.56k% > 0.5%)
Asset Turnover: 95.96% > 50% (prev 43.49%; Δ 52.47% > 0%)
Interest Coverage Ratio: 0.48 > 6 (EBITDA TTM 98.0m / Interest Expense TTM 46.4m)
Altman Z'' -2.62
A: -0.14 (Total Current Assets 158.7m - Total Current Liabilities 377.0m) / Total Assets 1.61b
B: -0.38 (Retained Earnings -609.0m / Total Assets 1.61b)
C: 0.01 (EBIT TTM 22.3m / Avg Total Assets 1.57b)
D: -0.57 (Book Value of Equity -611.7m / Total Liabilities 1.08b)
Altman-Z'' Score: -2.62 = D
Beneish M -3.04
DSRI: 0.30 (Receivables 33.6m/50.0m, Revenue 1.51b/662.7m)
GMI: 0.63 (GM 35.80% / 22.46%)
AQI: 1.04 (AQ_t 0.36 / AQ_t-1 0.35)
SGI: 2.27 (Revenue 1.51b / 662.7m)
TATA: -0.03 (NI -23.4m - CFO 25.2m) / TA 1.61b)
Beneish M-Score: -3.04 (Cap -4..+1) = AA
What is the price of BATRK shares? As of April 11, 2026, the stock is trading at USD 44.18 with a total of 568,738 shares traded.
Over the past week, the price has changed by +0.61%, over one month by +1.89%, over three months by +10.04% and over the past year by +16.94%.
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.
  • StrongBuy: 3
  • Buy: 0
  • Hold: 1
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the BATRK price?
Analysts Target Price 59.8 35.4%
Atlanta Braves Holdings (BATRK) - Fundamental Data Overview as of 09 April 2026
P/E Forward = 121.9512
P/S = 3.9218
P/B = 5.329
Revenue TTM = 1.51b USD
EBIT TTM = 22.3m USD
EBITDA TTM = 98.0m USD
Long Term Debt = 523.3m USD (from longTermDebt, last quarter)
Short Term Debt = 215.3m USD (from shortTermDebt, last quarter)
Debt = 837.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 725.6m USD (from netDebt column, last quarter)
Enterprise Value = 3.60b USD (2.87b + Debt 837.2m - CCE 111.6m)
Interest Coverage Ratio = 0.48 (Ebit TTM 22.3m / Interest Expense TTM 46.4m)
EV/FCF = -30.03x (Enterprise Value 3.60b / FCF TTM -119.8m)
FCF Yield = -3.33% (FCF TTM -119.8m / Enterprise Value 3.60b)
FCF Margin = -7.96% (FCF TTM -119.8m / Revenue TTM 1.51b)
Net Margin = -1.55% (Net Income TTM -23.4m / Revenue TTM 1.51b)
Gross Margin = 35.80% ((Revenue TTM 1.51b - Cost of Revenue TTM 966.9m) / Revenue TTM)
Gross Margin QoQ = 20.09% (prev 41.84%)
Tobins Q-Ratio = 2.23 (Enterprise Value 3.60b / Total Assets 1.61b)
Interest Expense / Debt = 1.45% (Interest Expense 12.2m / Debt 837.2m)
Taxrate = 21.0% (US default 21%)
NOPAT = 17.6m (EBIT 22.3m * (1 - 21.00%))
Current Ratio = 0.42 (Total Current Assets 158.7m / Total Current Liabilities 377.0m)
Debt / Equity = 1.59 (Debt 837.2m / totalStockholderEquity, last quarter 526.0m)
Debt / EBITDA = 7.41 (Net Debt 725.6m / EBITDA 98.0m)
 Debt / FCF = -6.06 (negative FCF - burning cash) (Net Debt 725.6m / FCF TTM -119.8m)
 Total Stockholder Equity = 523.8m (last 4 quarters mean from totalStockholderEquity)
RoA = -1.49% (Net Income -23.4m / Total Assets 1.61b)
RoE = -4.46% (Net Income TTM -23.4m / Total Stockholder Equity 523.8m)
RoCE = 2.13% (EBIT 22.3m / Capital Employed (Equity 523.8m + L.T.Debt 523.3m))
RoIC = 1.41% (NOPAT 17.6m / Invested Capital 1.25b)
WACC = 6.31% (E(2.87b)/V(3.71b) * Re(7.81%) + D(837.2m)/V(3.71b) * Rd(1.45%) * (1-Tc(0.21)))
Discount Rate = 7.81% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 33.33 | Cagr: 1.53%
 [DCF] Fair Price = unknown (Cash Flow -119.8m)
 EPS Correlation: 22.10 | EPS CAGR: -14.82% | SUE: -0.81 | # QB: 0
Revenue Correlation: 23.55 | Revenue CAGR: 32.19% | SUE: 0.02 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.60 | Chg7d=-0.023 | Chg30d=-0.023 | Revisions Net=+1 | Analysts=2
EPS current Year (2026-12-31): EPS=-0.20 | Chg7d=-0.011 | Chg30d=-0.011 | Revisions Net=+0 | Growth EPS=-325.1% | Growth Revenue=+5.8%
EPS next Year (2027-12-31): EPS=0.14 | Chg7d=+0.031 | Chg30d=+0.031 | Revisions Net=-1 | Growth EPS=+166.5% | Growth Revenue=+4.7%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Next Quarter)
External Resources
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