Sportradar Group AG's Financial Performance and Competitive Landscape

Sportradar Group AG (NASDAQ:SRAD) is a leading global provider of sports data and content. The company offers a range of services, including sports data collection, distribution, and analysis, catering to media companies, sports federations, and betting operators. In the competitive landscape, Sportradar faces competition from companies like Genius Sports Limited and Thoughtworks Holding, Inc., which also operate in the sports data and technology sectors.

In evaluating Sportradar's financial performance, the Return on Invested Capital (ROIC) is a crucial metric. With a ROIC of 6.67%, Sportradar is not generating returns that exceed its Weighted Average Cost of Capital (WACC) of 14.44%. This results in a ROIC to WACC ratio of 0.46, indicating inefficiency in capital utilization.

Comparatively, Genius Sports Limited (GENI) has a negative ROIC of -7.39% against a WACC of 12.89%, resulting in a ROIC to WACC ratio of -0.57. This suggests that Genius Sports is also struggling to generate returns above its cost of capital. Similarly, Thoughtworks Holding, Inc. (TWKS) reports a ROIC of -5.95% and a WACC of 9.10%, leading to a ratio of -0.65, further highlighting inefficiencies.

Clearwater Analytics Holdings, Inc. (CWAN) presents a more concerning picture with a ROIC of -30.58% and a WACC of 7.65%, resulting in a ROIC to WACC ratio of -4.00. This indicates significant challenges in generating sufficient returns. On the other hand, PowerSchool Holdings, Inc. (PWSC) shows a slight positive ROIC of 1.00% against a WACC of 8.36%, with a ratio of 0.12, suggesting marginally better capital efficiency.

Among the peers, Mister Car Wash, Inc. (MCW) stands out with a ROIC of 4.63% and a WACC of 7.57%, resulting in the highest ROIC to WACC ratio of 0.61. This indicates that MCW is the most efficient in generating returns relative to its cost of capital among the companies analyzed.