The Liberty Braves Group, through its subsidiary, Braves Holdings, LLC, owns the Atlanta Braves Major League Baseball Club, stadium, and mixed use development project.
Questionable track record and overvalued.
Share Price & News
How has Liberty Braves Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BATR.K's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BATR.K underperformed the US Entertainment industry which returned 12.2% over the past year.
Return vs Market: BATR.K underperformed the US Market which returned 7.1% over the past year.
Price Volatility Vs. Market
How volatile is Liberty Braves Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StWe Wouldn't Rely On Liberty Braves Group's (NASDAQ:BATR.K) Statutory Earnings As A Guide
2 weeks ago | Simply Wall StThese Analysts Think The Liberty Braves Group's (NASDAQ:BATR.K) Sales Are Under Threat
1 month ago | Simply Wall StDoes Liberty Braves Group (NASDAQ:BATR.K) Have A Healthy Balance Sheet?
Is Liberty Braves Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BATR.K ($23.05) is trading below our estimate of fair value ($28.24)
Significantly Below Fair Value: BATR.K is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BATR.K is poor value based on its PE Ratio (25x) compared to the Entertainment industry average (20.5x).
PE vs Market: BATR.K is poor value based on its PE Ratio (25x) compared to the US market (15.6x).
Price to Earnings Growth Ratio
PEG Ratio: BATR.K's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BATR.K is overvalued based on its PB Ratio (2.8x) compared to the US Entertainment industry average (2.6x).
How is Liberty Braves Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BATR.K's earnings are forecast to decline over the next 3 years (-3.3% per year).
Earnings vs Market: BATR.K's earnings are forecast to decline over the next 3 years (-3.3% per year).
High Growth Earnings: BATR.K's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BATR.K's revenue (13.4% per year) is forecast to grow faster than the US market (8.8% per year).
High Growth Revenue: BATR.K's revenue (13.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BATR.K is forecast to be unprofitable in 3 years.
How has Liberty Braves Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BATR.K has a large one-off gain of $79.0M impacting its March 31 2020 financial results.
Growing Profit Margin: BATR.K became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BATR.K has become profitable over the past 5 years, growing earnings by 22% per year.
Accelerating Growth: BATR.K has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BATR.K has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (17.9%).
Return on Equity
High ROE: BATR.K's Return on Equity (11%) is considered low.
How is Liberty Braves Group's financial position?
Financial Position Analysis
Short Term Liabilities: BATR.K's short term assets ($377.0M) exceed its short term liabilities ($265.0M).
Long Term Liabilities: BATR.K's short term assets ($377.0M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: BATR.K's debt to equity ratio (162.5%) is considered high.
Reducing Debt: BATR.K's debt to equity ratio has increased from 34% to 162.5% over the past 5 years.
Debt Coverage: BATR.K's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: Insufficient data to determine if BATR.K's interest payments on its debt are well covered by EBIT.
What is Liberty Braves Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BATR.K's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BATR.K'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 BATR.K's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BATR.K's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BATR.K's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Liberty Braves Group has no CEO, or we have no data on them.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Liberty Braves Group's company bio, employee growth, exchange listings and data sources
- Name: The Liberty Braves Group
- Ticker: BATR.K
- Exchange: NasdaqGS
- Industry: Movies and Entertainment
- Sector: Media
- Market Cap: US$1.185b
- Shares outstanding: 51.22m
- Website: https://www.libertymedia.com/companies/braves-group.html
- The Liberty Braves Group
- 12300 Liberty Boulevard
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BATR.A||NasdaqGS (Nasdaq Global Select)||Series A Common Stock||US||USD||Apr 2016|
|BATR.K||NasdaqGS (Nasdaq Global Select)||Yes||Series C Common Stock||US||USD||Apr 2016|
|LM04||DB (Deutsche Boerse AG)||Series A Common Stock||DE||EUR||Apr 2016|
|BATR.B||OTCPK (Pink Sheets LLC)||Series B Common Stock||US||USD||Apr 2016|
The Liberty Braves Group, through its subsidiary, Braves Holdings, LLC, owns the Atlanta Braves Major League Baseball Club, stadium, and mixed use development project. The company is based in Englewood, Colorado. The Liberty Braves Group is a subsidiary of Liberty Media Corporation.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/28 04:17|
|End of Day Share Price||2020/05/27 00:00|
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.