WallStSmart

Atlanta Braves Holdings, Inc. Series A Common Stock (BATRA)vsWarner Bros Discovery Inc (WBD)

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Smart Verdict

WallStSmart Research — data-driven comparison

Warner Bros Discovery Inc generates 4992% more annual revenue ($37.30B vs $732.49M). WBD leads profitability with a 1.9% profit margin vs -3.2%. WBD earns a higher WallStSmart Score of 51/100 (C-).

BATRA

Hold

36

out of 100

Grade: F

Growth: 8.0Profit: 2.5Value: 6.7Quality: 5.0

WBD

Buy

51

out of 100

Grade: C-

Growth: 5.3Profit: 4.5Value: 5.7Quality: 4.3
Piotroski: 4/9Altman Z: 0.59
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BATRAUndervalued (+56.2%)

Margin of Safety

+56.2%

Fair Value

$104.03

Current Price

$54.87

$49.16 discount

UndervaluedFair: $104.03Overvalued
WBDUndervalued (+60.6%)

Margin of Safety

+60.6%

Fair Value

$71.08

Current Price

$27.11

$43.97 discount

UndervaluedFair: $71.08Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BATRA2 strengths · Avg: 9.0/10
EPS GrowthGrowth
193.8%10/10

Earnings expanding 193.8% YoY

Revenue GrowthGrowth
17.6%8/10

17.6% revenue growth

WBD3 strengths · Avg: 9.0/10
EPS GrowthGrowth
226.7%10/10

Earnings expanding 226.7% YoY

Market CapQuality
$67.99B9/10

Large-cap with strong market position

Price/BookValuation
1.9x8/10

Reasonable price relative to book value

Areas to Watch

BATRA4 concerns · Avg: 1.5/10
Return on EquityProfitability
-4.3%2/10

ROE of -4.3% — below average capital efficiency

Free Cash FlowQuality
$-74.67M2/10

Negative free cash flow — burning cash

Profit MarginProfitability
-3.2%1/10

Currently unprofitable

Operating MarginProfitability
-29.1%1/10

Operating margin of -29.1%

WBD4 concerns · Avg: 2.5/10
Return on EquityProfitability
2.1%3/10

ROE of 2.1% — below average capital efficiency

Profit MarginProfitability
1.9%3/10

1.9% margin — thin

PEG RatioValuation
216.922/10

Expensive relative to growth rate

Revenue GrowthGrowth
-5.7%2/10

Revenue declined 5.7%

Comparative Analysis Report

WallStSmart Research

Bull Case : BATRA

The strongest argument for BATRA centers on EPS Growth, Revenue Growth. Revenue growth of 17.6% demonstrates continued momentum.

Bull Case : WBD

The strongest argument for WBD centers on EPS Growth, Market Cap, Price/Book.

Bear Case : BATRA

The primary concerns for BATRA are Return on Equity, Free Cash Flow, Profit Margin.

Bear Case : WBD

The primary concerns for WBD are Return on Equity, Profit Margin, PEG Ratio. Thin 1.9% margins leave little buffer for downturns.

Key Dynamics to Monitor

BATRA profiles as a growth stock while WBD is a value play — different risk/reward profiles.

WBD carries more volatility with a beta of 1.57 — expect wider price swings.

BATRA is growing revenue faster at 17.6% — sustainability is the question.

BATRA generates stronger free cash flow (-75M), providing more financial flexibility.

Bottom Line

WBD scores higher overall (51/100 vs 36/100). BATRA offers better value entry with a 56.2% margin of safety. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Atlanta Braves Holdings, Inc. Series A Common Stock

COMMUNICATION SERVICES · ENTERTAINMENT · USA

Liberty Braves Group, through its subsidiary, Braves Holdings, LLC, owns the Atlanta Braves Major League Baseball Club (ANLBC), assets and liabilities associated with the ANLBC stadium and mixed-use development project.

Warner Bros Discovery Inc

COMMUNICATION SERVICES · ENTERTAINMENT · USA

Warner Bros. The company is headquartered in New York, New York.

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