* Note: Prices are in Million (M) USD.
Description:
Atlanta Braves Holdings, Inc. (BATRA) is a prominent entity in the professional sports landscape, primarily overseeing the Atlanta Braves Major League Baseball Club and its related assets, including the state-of-the-art Truist Park and significant development initiatives. As a subsidiary of Liberty Braves Group, BATRA is well-placed to leverage growth opportunities in the burgeoning sports and entertainment sector, driving fan engagement through innovative strategies and community-focused projects. The company's strong operational framework and commitment to enhancing franchise value position it as a compelling investment opportunity in the ever-evolving realm of professional sports.
These criteria used Company's Cash, EBITDA and Debt balance to determines its fair value:
Cash : $82 M
Debt : $766 M
EBITDA : $112 M
Net Debt (Debt - Cash): $684 M
Since EBITDA cannot cover net debt within 3 years, Avoid This Stock.
This criteria used industry in which company operates:
Sector: Communication
Industry: Entertainment
Based on industry, 3 points assigned.
This criteria used Company's Price To Earning (P/E) Ratio to determines its fair value:
Message: Cannot calculate PE Ratio since EPS is either 0 or negative.
Using default values for calculation.
Forward PE Ratio (using default values): 20.00
Since Forward PE Ratio is between 20 - 25, 2 points assigned.
This criteria used Company's ability to convert Sales into free cash flow to determine fair value:
Using last 13 overlapping fiscal years (max 20).Average Free Cash Flow: $-69 M
Average Revenue: $1,068 M
Revenue Converted To Free Cash Flow (%): -6.4%
Since Free Cash Flow (FCF) to Revenue percentage is non-positive, 0 point assigned.
This criteria used company's growth potential to calculate its fair value:
Latest Revenue (2024-12-31): $663 M
Revenue 5 Years Ago (2019-12-31): $476 M
Total Growth over 5 Years: 39.2%
5-Year Revenue CAGR (Historical): 6.8%
Forward 5-Year CAGR (Tapered): 6.2%
Since historical Revenue CAGR is between 5 - 10, 2 points assigned.
This criteria used Company's ability to buy back its own share:
Latest Share Count (2024-12-31): $63 M
Share Count 5 Years Ago (2020-12-31): $60 M
Company is not buying back its own shares, 0 points assigned.
This criteria used Company's dividend payout ratio to determine its fair value:
Next Year Earnings Per Share (EPS): $0.00
Trailing 12-Month Earnings Per Share (EPS): $0.00
Average Earnings Per Share (EPS): $0.00
Dividend Per Share (DPS): $0
Payout Ratio: 0%
Dividend Yield: 0.00%
Since Dividend Per Share is less than or equal to 0, 0 point assigned.
Since Dividend Yield is less than 1, 0 point assigned.
This criteria used Company's Return On Equity (ROE%) to determine its fair value:
Using last 13 valid ROE years (max 20).Average ROE: 163.6%
Since Average ROE is greater than 20, 5 points assigned.
This criteria used Company's current price to its 52 week low price to determines its fair value:
Current Price: $42.03
52-Week Low: $38.67
Threshold Price (15% Above 52-Week Low): $44.47
Since Current price is within 15% threshold, 5 points assigned.
This criteria used Company's Market Cap to determines its fair value:
Market Capitalization: $2,486 M
Since Market Cap is less than 10B, 1 point assigned.
% Exposure to Total Portfolio
Based on the market cap, we recommend do not exceed 2% exposure of Total Portfolio.
Warren Buffett's Owners' Earnings:
Owners' Earnings (FCF/Share, latest positive annual) (2022-12-31): $0.56
Note: Many fast-growing companies reinvest heavily, so Owners' Earnings may appear low.
Consider other factors in your valuation.
Value-Trade has assigned 18 points to above Atlanta Braves Holdings, Inc. Series A Common Stock (BATRA) stock.
Heads up: One or more P/E inputs look exaggerated and may skew the blend.
• ROE Based PE 50.00 (>2× median)
Further research is recommended; please use your own due diligence.
In such cases, multiplying earnings by the long-run average P/E typically gives a closer, more reliable fair value.
Fair Value PE 12, Industry Based PE 18, Growth Based PE 15, ROE Based PE 50, Risk-Free Anchored PE (25% MoS) 18.47. Based on these 5 values, average assigned is 22.69. The fair value of Atlanta Braves Holdings, Inc. Series A Common Stock (BATRA) stock cannot be calculated since EBITDA and EPS are either 0 or negative.
