MANU vs ESRT vs BATRA Stock Comparison

Manchester United, Empire State Realty Trust and Atlanta Braves Holdings Prices as of Oct 26, 2026 Peers: Industry group
MANU Manchester United plc
$20.72 +1.7% 1M +13.8% 1Y
Market cap
$3.57B
P/E
–
Revenue (TTM)
$909.31M
Div. yield
–
Entertainment Venues Consumer Discretionary
4 wins

Head to Head

9 decided of 12

Manchester United leads on 4 of the 12 questions below (Manchester United 4, Atlanta Braves Holdings 4, Empire State Realty Trust 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMANUESRTBATRALeader
Larger companyMarket capitalisation $3.57B $850.92M $3.49B MANU
Cheaper on earningsLower P/E, profitable companies only -61.7x 276.9x -54.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months +5.5% +2.0% +6.8% BATRA
More profitableNet margin, trailing twelve months -6.4% 0.4% -8.6% ESRT
Better return on capitalReturn on invested capital 2.6% -1.1% -4.6% MANU
Less leveragedLower net debt / EBITDA 2.4x 5.0x 61.1x MANU
Higher dividend yieldTrailing dividend yield 0.00% 0.03% 0.00% –
Better 1-year returnPrice return, last 12 months +13.8% -36.6% +27.4% BATRA
Better 5-year returnAnnualised price return, 5 years +5.0%/yr -13.7%/yr +12.2%/yr BATRA
Less volatileAnnualised volatility, 1 year 33.6% 36.7% 19.8% BATRA
Higher overall scoreMean of the five percentile scores vs peers 45/100 35/100 18/100 MANU

Percentile Scorecard

MANUESRTBATRA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisMANUESRTBATRA
Valuation 30 #31 of 44 76 #35 of 145 7 #41 of 44
Growth 76 #11 of 43 1 #140 of 142 31 #30 of 43
Profitability 50 #21 of 41 25 #102 of 136 18 #34 of 41
Financial Health 24 #36 of 47 60 #56 of 139 17 #39 of 47
Shareholder Returns – 12 #115 of 131 –
Overall 45 35 18
  • MANU ranked among 48 companies in Gaming and Leisure
  • ESRT ranked among 149 companies in Property REITs
  • BATRA ranked among 48 companies in Gaming and Leisure

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodMANUESRTBATRASPY
1 month +1.7%+22.9%-8.0% -0.8%
3 months -9.8%-10.5%-1.3% +3.5%
6 months +20.3%-11.2%+1.5% +7.0%
Year to date +30.2%-22.5%+27.8% +12.2%
1 year +13.8%-36.6%+27.4% +13.0%
3 years +17.1%-37.0%+44.1% +86.3%
3 years, per year +5.4%-14.3%+13.0% +23.1%
5 years +27.5%-52.0%+77.5% +68.6%
5 years, per year +5.0%-13.7%+12.2% +11.0%
10 years +34.1%-74.4%+214.8% +258.0%
10 years, per year +3.0%-12.7%+12.2% +13.6%

Risk

MeasureMANUESRTBATRASPY
Volatility, 1Y 33.6%36.7%19.8% 12.7%
Downside volatility, 1Y 32.1%42.0%18.1% 12.7%
Beta vs S&P 500, 1Y 0.680.320.35 1.00
Return / volatility, 1Y 0.41-1.001.38 1.02
Max drawdown, 5Y -54.5%-65.6%-22.4% -25.4%
From 52-week high -14.3%-36.6%-8.9% -1.8%
52-week high $24.19$7.96$59.61 $779.14
52-week low $15.20$3.93$41.92 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleMANUESRTBATRA
P/E now vs peer median -61.7xmedian 17.1x 281.1xmedian 27.4x -54.3xmedian 17.1x
P/S now vs peer median 4.0xmedian 1.9x 1.1xmedian 4.2x 4.6xmedian 1.9x
EV/EBITDA now vs peer median 13.0xmedian 10.9x 10.0xmedian 14.2x 375.5xmedian 10.9x
P/FCF now vs peer median 9.9xmedian 11.4x -2.0xmedian 23.2x -36.7xmedian 11.4x
P/B now vs peer median 18.1xmedian 2.5x 0.5xmedian 1.3x 6.6xmedian 2.5x
PEG now vs peer median 3.65median 0.57 -4.70median 2.11 —median 0.57

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsMANUESRTBATRA
Revenue $909.31M $784.18M $749.97M
Gross profit -$21.12M – $186.76M
Operating income $30.28M -$34.52M -$70.66M
Net income -$57.81M $9.26M -$63.87M
Free cash flow $363.93M -$437.31M -$94.86M
EPS (diluted) $-0.34 $0.01 $-0.99
Cash & equivalents $89.13M $85.61M $116.28M
Total debt $3.96B $4.54B $793.13M
Shares (diluted) 172.43M 268.95M 64.97M
Enterprise value $3.24B $409.72M $3.05B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricMANUESRTBATRA
P/E -61.7x 281.1x -54.3x
P/FCF 9.9x -2.0x -36.7x
P/Operating cash flow 14.3x 3.8x -54.4x
P/S 4.0x 1.1x 4.6x
P/B 18.1x 0.5x 6.6x
P/Tangible book 18.1x 0.5x 8.6x
EV/EBITDA 13.0x 10.0x 375.5x
EV/EBIT 146.4x -50.3x -58.9x
EV/Revenue 4.9x 2.2x 5.5x
EV/FCF 12.2x -4.0x -43.9x
EV/Operating cash flow 17.5x 7.6x -65.0x
PEG (3Y EPS CAGR) 3.65 -4.70 –

Growth

14 metrics
MetricMANUESRTBATRA
Revenue growth (1Y) 5.5% 2.0% 6.8%
Revenue CAGR (3Y) 5.2% 2.9% 6.7%
Gross profit growth (1Y) 24.6% – 5.0%
Gross profit CAGR (3Y) – – 8.8%
Operating income growth (1Y) 223.3% -123.1% -373.9%
Operating income CAGR (3Y) 62.2% -31.0% -19.2%
Net income growth (1Y) -36.0% -86.5% -204.1%
Net income CAGR (3Y) -19.1% -51.3% 26.6%
EPS growth (1Y) -35.3% -92.4% -198.8%
EPS CAGR (3Y) -16.9% -59.8% –
Operating cash flow growth (1Y) 128.3% -13.3% -234.8%
Operating cash flow CAGR (3Y) 22.8% -0.8% -93.9%
Free cash flow growth (1Y) 141.3% -169.4% 14.7%
Free cash flow CAGR (3Y) 34.6% -149.9% -25.0%

Profitability

14 metrics
MetricMANUESRTBATRA
Gross margin -2.3% – 24.9%
EBITDA margin 37.6% 22.1% 1.5%
Operating margin 3.3% -4.4% -9.4%
Pretax margin -7.0% 1.3% -10.1%
Net margin -6.4% 0.4% -8.6%
FCF margin 40.0% -55.8% -12.6%
Operating cash flow margin 27.8% 29.0% -8.5%
Return on equity -26.5% 0.5% -12.1%
Return on assets -2.8% 0.2% -3.7%
Return on invested capital 2.6% -1.1% -4.6%
Return on capital employed 2.5% – -6.3%
Asset turnover 0.4x 0.2x 0.4x
Cash conversion (OCF / net income) -4.4x 24.6x 1.0x
Stock comp / revenue 0.0% 3.9% 3.2%

Financial Health

11 metrics
MetricMANUESRTBATRA
Debt / assets 44.5% 22.4% 45.6%
Debt / equity 4.6x 0.5x 1.5x
Net debt / EBITDA 2.4x 5.0x 61.1x
Debt / FCF 2.5x -2.2x -8.4x
Liabilities / assets 90.3% 58.1% 69.7%
Equity / assets 9.7% 41.9% 30.3%
Interest coverage 0.5x -0.3x -1.5x
Current ratio 0.3x – 0.5x
Quick ratio 0.2x – 0.3x
Cash ratio 0.1x – 0.2x
Altman Z-score 0.97 – 1.28

Shareholder Returns

7 metrics
MetricMANUESRTBATRA
Dividend yield – 3.1% –
Net buyback yield – – –
Shareholder yield 0.0% 3.1% –
Payout ratio (earnings) – 259.1% –
Payout ratio (FCF) – -5.5% –
Dividend growth (1Y) – 2.2% –
Dividend CAGR (3Y) – 1.9% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusMANUESRTBATRA
EPS, next fiscal year $-0.18FY2027 $-0.35FY2027 $-0.56FY2026
EPS growth, next FY – -240.0%FY2027 –
Revenue, next fiscal year $1.07BFY2027 $758.24MFY2026 $843.34MFY2026
Revenue growth, next FY +19.6%FY2027 -1.3%FY2026 +15.1%FY2026
Revenue growth, the year after -6.0% +4.5% +3.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMANUESRTBATRA
Held by institutions 17.1% 83.1% 12.1%
Institutions holding 125 228 207
Change in shares held, QoQ +5.0% +0.4% -1.4%
Institutions buying 63 141 93
Institutions selling 30 51 43
Buyers to sellers 2.10 2.76 2.16

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

MANUESRTBATRA
MANU 1.00 0.22 0.30
ESRT 0.22 1.00 0.25
BATRA 0.30 0.25 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MANU, ESRT and BATRA?

Manchester United (MANU) is the largest by market capitalisation: Manchester United (MANU) $3.57B, Empire State Realty Trust (ESRT) $850.92M, Atlanta Braves Holdings (BATRA) $3.49B.

Which company is growing faster?

Atlanta Braves Holdings (BATRA) grew revenue fastest over the trailing twelve months: Manchester United (MANU) +5.5%, Empire State Realty Trust (ESRT) +2.0%, Atlanta Braves Holdings (BATRA) +6.8%.

Which company is more profitable?

Empire State Realty Trust (ESRT) has the highest net margin (Manchester United (MANU) -6.4%, Empire State Realty Trust (ESRT) 0.4%, Atlanta Braves Holdings (BATRA) -8.6%). On return on invested capital, Manchester United (MANU) leads (Manchester United (MANU) 2.6%, Empire State Realty Trust (ESRT) -1.1%, Atlanta Braves Holdings (BATRA) -4.6%).

Which stock has performed better?

Over the past year Atlanta Braves Holdings (BATRA) returned the most: Manchester United (MANU) +13.8%, Empire State Realty Trust (ESRT) -36.6%, Atlanta Braves Holdings (BATRA) +27.4%. Over five years, Atlanta Braves Holdings (BATRA) compounded fastest (Manchester United (MANU) +5.0%/yr, Empire State Realty Trust (ESRT) -13.7%/yr, Atlanta Braves Holdings (BATRA) +12.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Manchester United (MANU) 0.00%, Empire State Realty Trust (ESRT) 0.03%, Atlanta Braves Holdings (BATRA) 0.00%. Manchester United (MANU) and Atlanta Braves Holdings (BATRA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Atlanta Braves Holdings (BATRA) has been the steadiest (Manchester United (MANU) 33.6%, Empire State Realty Trust (ESRT) 36.7%, Atlanta Braves Holdings (BATRA) 19.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MANU, ESRT and BATRA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Manchester United (MANU) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.