Match Group Inc - New
Exchange: NASDAQSector: Communication ServicesIndustry: Internet Content & Information
Match Group, through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections. Our global portfolio of brands includes Tinder ®, Hinge ®, Match ®, Meetic ®, OkCupid ®, Pairs ™, PlentyOfFish ®, Azar ®, BLK ®, and more, each built to increase our users' likelihood of connecting with others. Through our trusted brands, we provide tailored services to meet the varying preferences of our users. Our services are available in over 40 languages to our users all over the world. SOURCE Match Group
Did you know?
Net income compounded at 5.2% annually over 6 years.
Current Price
$35.66
-2.38%GoodMoat Value
$64.46
80.8% undervaluedProfile
Valuation (TTM)
Market Cap$8.42B
P/E13.72
EV$10.31B
P/B—
Shares Out236.07M
P/Sales2.41
Revenue$3.49B
EV/EBITDA11.82
Match Group Inc - New (MTCH) Stock Analysis
GoodMoat Analysis
Match Group, the dominant player in online dating with brands like Tinder and Hinge, appears to have a durable moat and strong profitability but is experiencing minimal growth. Its current price of $30.34 is deeply undervervalued compared to the GoodMoat target of $64.46, suggesting a significant margin of safety.
Read full analysis
Match Group operates a portfolio of leading online dating platforms, including Tinder, Hinge, and Match.com. Applying the GoodMoat framework, the business likely scores highly on Moat Identification criteria such as Network Effects (scale of users), Brand & Culture (dominant brand awareness), and Niche Dominance (leadership in dating). Its financials show strong Quality Indicators, with a robust 25.0% operating margin and a high 14.3% free cash flow yield, indicating efficient cash generation. However, a key concern is the minimal 2.1% YoY revenue growth, which fails the framework's typical threshold for durable, double-digit expansion and is a potential Growth Assessment weakness. According to the Decision Framework, the combination of a likely strong moat and high-quality cash flow metrics would allow an investor to proceed to valuation analysis. The valuation case is compelling: at $30.34, the stock trades at a P/E of 11.7x and is 53% below the GoodMoat target price of $64.46. This implies a margin of safety well over 40%, which the framework classifies as 'Deeply Undervalued.' For a value investor, this presents a classic scenario of a high-quality, cash-generative business with a durable competitive position trading at a steep discount to estimated intrinsic value, though the near-stagnant growth requires careful consideration. Analysis based on data as of 2024-05-15.
Market Cap$8.42B
Current Price$35.66
P/E Ratio13.72
Forward P/E—
PEG Ratio0.35
EPS$2.38
Book Value$-1.07
P/B Ratio—
MTCH Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use 2.2% FCF growth (CAGR)
Cash vs Debt
Net Debt: 2.9B
Revenue
2.1B
FY19
2.4B
FY20
3.0B
FY21
3.2B
FY22
3.4B
FY23
3.5B
FY24
3.5B
FY25
Net Income
454M
FY19
162M
FY20
278M
FY21
362M
FY22
652M
FY23
551M
FY24
613M
FY25
MTCH 52-Week Range
$26.55
$38.10
50-Day MA: $31.61200-Day MA: $32.95
Did you know?
Net income compounded at 5.2% annually over 6 years.
Match Group Inc - New (MTCH) Financial Summary
Match Group Inc - New (MTCH) is a Communication Services company in the Internet Content & Information industry, listed on NASDAQ. The stock currently trades at $35.66 with a market capitalization of $8.42B.
Key valuation metrics include a P/E ratio of 13.72, and EPS of $2.38. The company reports a profit margin of 17.6%.
MTCH Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $8.42B |
| P/E Ratio | 13.72 |
| EPS | $2.38 |
| P/S Ratio | 2.41 |
| EV/EBITDA | 11.82 |
| Dividend Yield | 2.21% |
| Profit Margin | 17.6% |
MTCH Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $2.05B | $453.84M |
| FY20 | $2.39B | $162.33M |
| FY21 | $2.98B | $277.72M |
| FY22 | $3.19B | $361.95M |
| FY23 | $3.36B | $651.54M |
| FY24 | $3.48B | $551.28M |
| FY25 | $3.49B | $613.45M |
Match Group Inc - New (MTCH) Valuation
Based on GoodMoat's DCF model, Match Group Inc - New has a fair value estimate of $64.46. At the current price of $35.66, the stock appears 44.7% undervalued relative to our intrinsic value estimate.
MTCH Quality Indicators
Match Group Inc - New maintains a profit margin of 17.6% and an operating margin of 25.0%. The current ratio is 1.42.
About Match Group Inc - New
Match Group, through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections. Our global portfolio of brands includes Tinder ®, Hinge ®, Match ®, Meetic ®, OkCupid ®, Pairs ™, PlentyOfFish ®, Azar ®, BLK ®, and more, each built to increase our users' likelihood of connecting with others. Through our trusted brands, we provide tailored services to meet the varying preferences of our users. Our services are available in over 40 languages to our users all over the world. SOURCE Match Group
MTCH Free Cash Flow
Match Group Inc - New generated $1.02B in trailing twelve-month free cash flow, representing an FCF yield of 12.16%. This strong FCF yield suggests the company generates substantial cash relative to its market value.
MTCH Shares Outstanding
Match Group Inc - New has 0.24 billion shares outstanding at a share price of $35.66, giving it a market capitalization of $8.42B.
MTCH Recent Insider Trades
Recent insider transactions at Match Group Inc - New include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| Hosseini Hesam (Chief Operating Officer) | SELL | 59,013 | $1.78M |