Added to YB: 2026-08-05
Pitch date: 2026-08-02
SRAD [neutral]
Sportradar Group AG
+9.82%
current return
Author Info
No bio for this author
Company Info
Sportradar Group AG, together with its subsidiaries, provides sports data services for the sports betting and media industries in Switzerland, the United States, North America, Africa, Malta, the Asia Pacific, the Middle East, Europe, Latin America, and the Caribbean.
Market Cap
$3.3B
Pitch Price
$11.76
Price Target
18.75 (+52%)
Dividend
N/A
EV/EBITDA
5.94
P/E
197.99
EV/Sales
2.28
Sector
Hotels, Restaurants and Leisure
Category
growth
Sports data duopoly: $GENI accelerates, $SRAD captures the money, and the market isn't valuing it properly. - Sportradar Group AG
SRAD (watchlist): Sports data duopoly w/ GENI. Both trade ~2.5x EV/Sales, but true EV/owner-earnings ~24x (not 9x headline) as $351M/yr intangibles capitalized. Bull case: $1B buyback (21% of cap), PPA amort rolloff freeing GAAP EPS (33.8% CAGR est), already GAAP-profitable ($80.5M NI). Base $19.50 (50%), bull $25 (25%), bear $11 (25%), weighted EV $18.75, +27.5% over 24mo. Prefers SRAD over GENI (cleaner timing, mechanical buyback, contained downside). Q2 Aug 3. Watch position.
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