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Sportradar Group AG (SRAD)

Technology

No action
Fundamental
3
Sentiment
2
Technical
2

Do Nothing: qualitativeScore is 2 (below required floor of 3); strategy requires qualitativeScore ≥ 3 before any bullish entry.

Analysis as of 2026-08-26· more than 2 trading days ago

Company overview

Sportradar Group AG is a global enterprise, operating with its subsidiaries, that specializes in providing sophisticated sports data services primarily to the sports betting and media industries. With a strong presence in the United Kingdom, the United States, Malta, Switzerland, and various other international regions, the company caters to bookmakers through its Betradar brand and serves the international media sector via Sportradar Media Services. The company's offerings extend to delivering essential software, valuable data, and engaging content to a diverse clientele including sports leagues, betting operators, and media organizations. Furthermore, Sportradar Group AG offers a range of solutions such as sports entertainment products, gaming solutions, and live streaming capabilities designed for online, mobile, and traditional retail sports betting platforms. Their advanced software suite is engineered to cover the entire lifecycle of sports betting, encompassing everything from generating traffic and advertising technology, to the meticulous collection, processing, and extrapolation of data and odds. It also includes visualization tools, comprehensive risk management systems, and robust platform services. Sportradar Group AG was founded in 2001 and is headquartered in St. Gallen, Switzerland.

Fundamental

fair
Fundamental3
Mixed fundamentals

Sportradar shows strong growth and liquidity but faces earnings volatility and high P/E ratios.

SEC filings show a well-funded business (20-F filed 2026-03-27: cash ~€365m and an undrawn revolving credit facility) with no going-concern warning, and the latest 6-K earnings release (Exhibit 99.1 filed 2026-08-03) shows continued double-digit revenue growth but GAAP net losses in H1 2026 driven by unrealized FX and restructuring costs. Quantitatively, SRAD has strong multi-year revenue growth (FY2021–FY2025 CAGR ~21.90%) and net cash leverage (net debt/EBITDA ~-0.55), but trailing profitability is currently thin (TTM net margin ~1.21%, ROE ~1.85%). Valuation looks attractive on EV/EBITDA (~9.24x) and free-cash-flow yield (~8.65%), and insider buying/buybacks are supportive, yet the very high TTM P/E (~225.82x) and earnings volatility keep the overall picture mixed rather than clearly “strong.”

Sentiment

weak
Sentiment2
Bearish sentiment

Media sentiment turned negative post-earnings, with no bullish catalysts in the near term.

Dominant near-term catalyst is the Q2 2026 print (2026-08-03, announced, bearish reception — net loss, revenue miss, ~20% sell-off to a 1-year low, lowered outlook) still under digestion, alongside a docket-confirmed SDNY securities class action (lead plaintiff appointed 2026-08-10). News sentiment delta is indeterminate (baseline analyzer calls timed out and the per-tool cap prevented a populated baseline pull); moderate red-flag cap applied (confirmed material litigation; sharply deteriorating 14d sentiment with no offsetting bullish catalyst) — no severe flags.

Technical

weak
Technical2
Countertrend bounce

The stock is in a countertrend bounce after an earnings gap, with the trend still pointing down.

SRAD (12.91) is in a persistent short/intermediate-term downtrend: price sits below SMA20 (13.27), SMA50 (14.34), SMA200 (17.24), EMA9 (13.05), EMA21 (13.39), WMA9/WMA21 (13.00/13.12) and the latest session VWAP (13.02). ADX14 37.97 is rising while price is below the full MA stack — strong down-trend. Momentum is weak: RSI14 42.78, Williams %R -75.16 near oversold, MACD below zero (-0.39/-0.42) with histogram just positive (+0.03) — early-repair flicker, not a confirmed turn. ATR14 0.64 (~4.96% of price), StdDev20 0.69. Liquidity ample: avgDollarVolume20 ~$40.3M vs $5M floor; last-3-session regular-session dollar volume ~$21.8M vs $1.5M recent-liquidity floor. Events: confirmed Q3 earnings 2026-11-04 (bmo, EPS est 0.10) — outside both the ±3-trading-day blackout and the 15-trading-day holding window (horizon 2026-09-17); no dividend events (lastAnnualDividend 0); no splits in the looked-at window. Extended-hours tape thin but regular-session activity healthy, so no after-hours markup concern. Chart pattern: the recent stabilization above 12.85 resembles a bounce attempt within a downtrend rather than any of the five tradable long setups; the qualitative override (score 2 < 3) hard-blocks any entry regardless.

In-depth analysis

Valuation

P/EEV/EBITDAEV/SalesPEGFCF yield
P/E:2
EV/EBITDA:5
EV/Sales:5
PEG:0
FCF yield:5
MetricValueRating
P/E Ratio225.822
EV/EBITDA9.245
EV/Sales2.305
Price/Earnings-to-Growth-2.620
FCF Yield8.65%5
  • The P/E ratio is extremely high due to small trailing EPS, indicating earnings volatility.
  • The EV/EBITDA ratio suggests the stock is attractively valued relative to its earnings before interest, taxes, depreciation, and amortization.
  • The EV/Sales ratio suggests the stock is attractively valued relative to its sales.
  • The PEG ratio is not meaningful due to negative growth expectations.
  • The free-cash-flow yield indicates the stock is attractively valued based on cash flow generation.

Profitability

ROICEBITDAmarginNet marginGrossmarginROE
ROIC:2
EBITDA margin:3
Net margin:2
Gross margin:1
ROE:2
MetricValueRating
ROIC5.94%2
EBITDA Margin24.95%3
Net Margin1.21%2
Gross Margin28.43%1
ROE1.85%2
  • The return on invested capital is modest, indicating some operating profitability but pressure from non-operating items.
  • The EBITDA margin is moderate, reflecting acceptable operating profitability.
  • The net margin is low, reflecting thin profitability and earnings volatility.
  • The gross margin is low, indicating limited pricing power or high cost of goods sold.
  • The return on equity is low, reflecting thin profitability and earnings volatility.

Growth

RevenueCAGREPS CAGREBITDA CAGR
Revenue CAGR:4
EPS CAGR:5
EBITDA CAGR:3
MetricValueRating
Revenue CAGR21.90%4
EPS CAGR61.30%5
EBITDA CAGR8.90%3
  • The revenue CAGR is strong, indicating robust sales growth over the past few years.
  • The EPS CAGR is very strong, reflecting significant earnings growth over the period.
  • The EBITDA CAGR is moderate, indicating steady growth in earnings before interest, taxes, depreciation, and amortization.

Risk

Netdebt/EBITDACurrentratioBetaAltmanZ-ScoreInterestcoverage
Net debt/EBITDA:5
Current ratio:2
Beta:2
Altman Z-Score:2
Interest coverage:2
MetricValueRating
Net Debt to EBITDA-0.555
Current Ratio0.982
Beta1.612
Altman Z-Score2.022
Interest Coverage1.472
  • The company has a net cash position, indicating strong financial health and low leverage.
  • The current ratio is slightly below 1, indicating potential liquidity concerns despite strong cash reserves.
  • The beta indicates higher volatility compared to the market, suggesting greater risk.
  • The Altman Z-Score suggests the company is not in distress but has limited financial cushion.
  • The interest coverage ratio is low, indicating limited ability to cover interest expenses.

Discounted Cash Flow

LeveredDCF/ShareUnleveredDCF/ShareLeveredUpside %UnleveredUpside %
Levered DCF/Share:3
Unlevered DCF/Share:2
Levered Upside %:3
Unlevered Upside %:2
MetricValueRating
Levered DCF Value Per Share$12.343
Unlevered DCF Value Per Share$9.512
Levered Upside Percent-7.0%3
Unlevered Upside Percent-28.3%2

Callout

The DCF analysis indicates a potential downside with levered and unlevered values below the current price, suggesting sensitivity to assumptions.

Trade plan

Entry
0.00
Protective stop
0.00
Reward : risk
0.00 : 1

Catalysts to watch

  • Ongoing process — timing TBD

You’re looking at 2026-08-26 — more than 2 trading days ago.

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Not financial advice. For informational and educational purposes only.