Atlanta Braves Holdings, Inc.
BATRK Communication Services Entertainment
Atlanta Braves Holdings, Inc.’s revenue for fiscal 2022 (year ended December 2022) was $588.6 million. Insiders bought in the last twelve months.
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Atlanta Braves Holdings, Inc. (BATRK) Piotroski F-score
Atlanta Braves Holdings, Inc.'s Piotroski F-score for fiscal 2022 cannot be worked out: needs three fiscal years.
Piotroski F-score, annual
Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|
How fiscal 2022’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (2.08%) | — | Fail | 0 |
| Positive operating cash flow | 53.35m | 77.31m | Pass | 1 |
| Rising return on assets | (2.08%) | — | n/a | — |
| Cash flow above net income | 87.52m | 90.31m | Pass | 1 |
| Falling long-term leverage | 0.35 | — | n/a | — |
| Rising current ratio | 1.11 | 2.16 | Fail | 0 |
| No new shares issued | 61,719,300 | 61,719,300 | Pass | 1 |
| Rising gross margin | 13.65% | 20.64% | Fail | 0 |
| Rising asset turnover | 0.36 | — | n/a | — |
| Piotroski F-score | n/a — needs three fiscal years | — | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| MSGE Madison Square Garden Entertainment Corp. compare | 9 |
| IMAX IMAX Corporation compare | 8 |
| BATRA Atlanta Braves Holdings, Inc. compare | 6 |
| CNK Cinemark Holdings Inc compare | 5 |
| AMC AMC Entertainment Holdings, Inc. compare | 3 |
| MANU Manchester United Ltd. compare | 2 |
| VSNT Versant Media Group, Inc. compare | — |
| SPHR Sphere Entertainment Co. compare | — |
| BATRK Atlanta Braves Holdings, Inc. | — |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover