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SRAD

Sportradar Group NasdaqGS:SRAD Stock Report

Last Price

US$8.00

Market Cap

US$2.4b

7D

-4.9%

1Y

n/a

Updated

27 Jun, 2022

Data

Company Financials +
SRAD fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance3/6
Financial Health4/6
Dividends0/6

SRAD Stock Overview

Sportradar Group AG, together with its subsidiaries, provides sports data services for the sports betting and media industries in the United Kingdom, the United States, Malta, Switzerland, and internationally.

Sportradar Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sportradar Group
Historical stock prices
Current Share PriceUS$8.00
52 Week HighUS$28.22
52 Week LowUS$7.57
Beta0
1 Month Change-19.03%
3 Month Change-45.65%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-68.06%

Recent News & Updates

May 28
An Intrinsic Calculation For Sportradar Group AG (NASDAQ:SRAD) Suggests It's 47% Undervalued

An Intrinsic Calculation For Sportradar Group AG (NASDAQ:SRAD) Suggests It's 47% Undervalued

In this article we are going to estimate the intrinsic value of Sportradar Group AG ( NASDAQ:SRAD ) by estimating the...

Shareholder Returns

SRADUS HospitalityUS Market
7D-4.9%4.0%6.3%
1Yn/a-29.2%-18.8%

Return vs Industry: Insufficient data to determine how SRAD performed against the US Hospitality industry.

Return vs Market: Insufficient data to determine how SRAD performed against the US Market.

Price Volatility

Is SRAD's price volatile compared to industry and market?
SRAD volatility
SRAD Average Weekly Movement10.9%
Hospitality Industry Average Movement9.2%
Market Average Movement8.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.2%

Stable Share Price: SRAD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: SRAD's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20013,075Carsten Koerlhttps://www.sportradar.com

Sportradar Group AG, together with its subsidiaries, provides sports data services for the sports betting and media industries in the United Kingdom, the United States, Malta, Switzerland, and internationally. Its sports data services to the bookmaking under the Betradar brand name, and to the international media industry under the Sportradar Media Services brand name. The company offers mission-critical software, data, and content to sports leagues, betting operators, and media companies.

Sportradar Group Fundamentals Summary

How do Sportradar Group's earnings and revenue compare to its market cap?
SRAD fundamental statistics
Market Cap€2.24b
Earnings (TTM)€18.48m
Revenue (TTM)€600.61m

121.3x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SRAD income statement (TTM)
Revenue€600.61m
Cost of Revenue€316.53m
Gross Profit€284.07m
Other Expenses€265.59m
Earnings€18.48m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.062
Gross Margin47.30%
Net Profit Margin3.08%
Debt/Equity Ratio60.4%

How did SRAD perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is SRAD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SRAD?

Other financial metrics that can be useful for relative valuation.

SRAD key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.2x
Enterprise Value/EBITDA11.4x
PEG Ratio3.5x

Price to Earnings Ratio vs Peers

How does SRAD's PE Ratio compare to its peers?

SRAD PE Ratio vs Peers
The above table shows the PE ratio for SRAD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average34.1x
SGHC Super Group (SGHC)
57.5x43.2%US$2.1b
EVRI Everi Holdings
9.5x8.7%US$1.6b
RRR Red Rock Resorts
6.1x11.6%US$3.8b
IGT International Game Technology
63.2x39.8%US$4.1b
SRAD Sportradar Group
121.3x35.1%US$2.4b

Price-To-Earnings vs Peers: SRAD is expensive based on its Price-To-Earnings Ratio (121.3x) compared to the peer average (34.1x).


Price to Earnings Ratio vs Industry

How does SRAD's PE Ratio compare vs other companies in the US Hospitality Industry?

Price-To-Earnings vs Industry: SRAD is expensive based on its Price-To-Earnings Ratio (121.3x) compared to the US Hospitality industry average (16.9x)


Price to Earnings Ratio vs Fair Ratio

What is SRAD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SRAD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio121.3x
Fair PE Ratio27.7x

Price-To-Earnings vs Fair Ratio: SRAD is expensive based on its Price-To-Earnings Ratio (121.3x) compared to the estimated Fair Price-To-Earnings Ratio (27.7x).


Share Price vs Fair Value

What is the Fair Price of SRAD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SRAD ($8) is trading below our estimate of fair value ($18.32)

Significantly Below Fair Value: SRAD is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: SRAD is poor value based on its PEG Ratio (3.5x)


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Future Growth

How is Sportradar Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


35.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SRAD's forecast earnings growth (35.1% per year) is above the savings rate (1.9%).

Earnings vs Market: SRAD's earnings (35.1% per year) are forecast to grow faster than the US market (13.9% per year).

High Growth Earnings: SRAD's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SRAD's revenue (15.9% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: SRAD's revenue (15.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SRAD's Return on Equity is forecast to be low in 3 years time (8.6%).


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Past Performance

How has Sportradar Group performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


281.9%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: SRAD has high quality earnings.

Growing Profit Margin: SRAD's current net profit margins (3.1%) are higher than last year (1.1%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if SRAD's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare SRAD's past year earnings growth to its 5-year average.

Earnings vs Industry: SRAD earnings growth over the past year (281.9%) exceeded the Hospitality industry 119.6%.


Return on Equity

High ROE: SRAD's Return on Equity (2.6%) is considered low.


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Financial Health

How is Sportradar Group's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SRAD's short term assets (€836.6M) exceed its short term liabilities (€265.5M).

Long Term Liabilities: SRAD's short term assets (€836.6M) exceed its long term liabilities (€784.6M).


Debt to Equity History and Analysis

Debt Level: SRAD has more cash than its total debt.

Reducing Debt: Insufficient data to determine if SRAD's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SRAD's debt is well covered by operating cash flow (30.1%).

Interest Coverage: SRAD's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet


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Dividend

What is Sportradar Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate SRAD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SRAD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SRAD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SRAD's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SRAD has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.5yrs

Average management tenure


CEO

Carsten Koerl (55 yo)

21.42yrs

Tenure

Mr. Carsten Koerl founded Sportradar AG in 2001 and serves as its Chief Executive Officer since 2001 and also serves as Director. He founded Sportradar Group AG in 2001 and serves as its Chief Executive Of...


Leadership Team

Experienced Management: SRAD's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: SRAD's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: SRAD only recently listed within the past 12 months.


Top Shareholders

Company Information

Sportradar Group AG's employee growth, exchange listings and data sources


Key Information

  • Name: Sportradar Group AG
  • Ticker: SRAD
  • Exchange: NasdaqGS
  • Founded: 2001
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Implied Market Cap: US$2.378b
  • Shares outstanding: 297.22m
  • Website: https://www.sportradar.com

Number of Employees


Location

  • Sportradar Group AG
  • Feldlistrasse 2
  • Sankt Gallen
  • St. Gallen
  • 9000
  • Switzerland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.