(MTCH) Match - Overview
Sector: Communication Services | Industry: Internet Content & Information | Exchange: NASDAQ (USA) | Market Cap: 8.344m USD | Total Return: 25.1% in 12m
Industry Rotation: +4.7
Avg Turnover: 119M
EPS Trend: 24.9%
Qual. Beats: 1
Rev. Trend: 73.1%
Qual. Beats: 2
Warnings
Altman Z'' -3.77 < 1.0 - financial distress zone
Tailwinds
Confidence, Garp
Match Group, Inc. is a global provider of digital dating technologies, operating a diverse portfolio of brands including Tinder, Hinge, Match, and OkCupid. The company organizes its operations into four primary segments: Tinder, Hinge, Evergreen and Emerging, and Match Group Asia, catering to a wide range of user demographics and geographic regions.
As a leader in the Interactive Media & Services sub-industry, Match Group utilizes a freemium business model, generating revenue through recurring subscriptions and a la carte purchases for premium features. The digital dating sector is characterized by high network effects, where the value of a platform increases as its user base grows, creating significant barriers to entry for new competitors.
Investors can further evaluate these market dynamics and company fundamentals by reviewing the data available on ValueRay.
- Tinder direct revenue growth and paid subscriber conversion rates
- Hinge monetization expansion and international user acquisition scaling
- App store commission fee reductions impact operating margin expansion
- Marketing spend efficiency determines profitability across emerging brand portfolio
- Macroeconomic pressure on discretionary spending affects a la carte feature sales
| Net Income: 662.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.23 > 0.02 and ΔFCF/TA 2.75 > 1.0 |
| NWC/Revenue: 14.65% < 20% (prev 9.26%; Δ 5.39% < -1%) |
| CFO/TA 0.25 > 3% & CFO 1.08b > Net Income 662.7m |
| Net Debt (2.95b) to EBITDA (1.03b): 2.87 < 3 |
| Current Ratio: 1.57 > 1.5 & < 3 |
| Outstanding Shares: last quarter (262.5m) vs 12m ago -3.48% < -2% |
| Gross Margin: 73.80% > 18% (prev 0.72%; Δ 7.31k% > 0.5%) |
| Asset Turnover: 84.84% > 50% (prev 88.71%; Δ -3.87% > 0%) |
| Interest Coverage Ratio: 4.64 > 6 (EBITDA TTM 1.03b / Interest Expense TTM 154.8m) |
| A: 0.12 (Total Current Assets 1.42b - Total Current Liabilities 906.6m) / Total Assets 4.41b |
| B: -1.32 (Retained Earnings -5.80b / Total Assets 4.41b) |
| C: 0.17 (EBIT TTM 718.3m / Avg Total Assets 4.15b) |
| D: -1.35 (Book Value of Equity -6.23b / Total Liabilities 4.63b) |
| Altman-Z'' Score: -3.77 = D |
| DSRI: 0.89 (Receivables 293.2m/323.3m, Revenue 3.52b/3.45b) |
| GMI: 0.97 (GM 73.80% / 71.85%) |
| AQI: 0.86 (AQ_t 0.65 / AQ_t-1 0.75) |
| SGI: 1.02 (Revenue 3.52b / 3.45b) |
| TATA: -0.10 (NI 662.7m - CFO 1.08b) / TA 4.41b) |
| Beneish M-Score: -3.31 (Cap -4..+1) = AA |
Over the past week, the price has changed by -4.22%, over one month by +2.55%, over three months by +18.03% and over the past year by +25.08%.
- StrongBuy: 5
- Buy: 3
- Hold: 15
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 41.1 | 16% |
P/E Forward = 9.3985
P/S = 2.3705
P/B = 10.9696
P/EG = 0.3358
Revenue TTM = 3.52b USD
EBIT TTM = 718.3m USD
EBITDA TTM = 1.03b USD
Long Term Debt = 3.55b USD (from longTermDebt, last quarter)
Short Term Debt = 423.7m USD (from shortTermDebt, last quarter)
Debt = 3.97b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.95b USD (from netDebt column, last quarter)
Enterprise Value = 11.29b USD (8.34b + Debt 3.97b - CCE 1.02b)
Interest Coverage Ratio = 4.64 (Ebit TTM 718.3m / Interest Expense TTM 154.8m)
EV/FCF = 11.07x (Enterprise Value 11.29b / FCF TTM 1.02b)
FCF Yield = 9.03% (FCF TTM 1.02b / Enterprise Value 11.29b)
FCF Margin = 28.97% (FCF TTM 1.02b / Revenue TTM 3.52b)
Net Margin = 18.83% (Net Income TTM 662.7m / Revenue TTM 3.52b)
Gross Margin = 73.80% ((Revenue TTM 3.52b - Cost of Revenue TTM 922.1m) / Revenue TTM)
Gross Margin QoQ = 75.62% (prev 74.66%)
Tobins Q-Ratio = 2.56 (Enterprise Value 11.29b / Total Assets 4.41b)
Interest Expense / Debt = 1.07% (Interest Expense 42.5m / Debt 3.97b)
Taxrate = 16.80% (33.7m / 200.5m)
NOPAT = 597.7m (EBIT 718.3m * (1 - 16.80%))
Current Ratio = 1.57 (Total Current Assets 1.42b / Total Current Liabilities 906.6m)
Debt / Equity = -18.22 (negative equity) (Debt 3.97b / totalStockholderEquity, last quarter -218.1m)
Debt / EBITDA = 2.87 (Net Debt 2.95b / EBITDA 1.03b)
Debt / FCF = 2.90 (Net Debt 2.95b / FCF TTM 1.02b)
Total Stockholder Equity = -231.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 15.97% (Net Income 662.7m / Total Assets 4.41b)
RoE = -286.1% (negative equity) (Net Income TTM 662.7m / Total Stockholder Equity -231.6m)
RoCE = 21.64% (EBIT 718.3m / Capital Employed (Equity -231.6m + L.T.Debt 3.55b))
RoIC = 16.49% (NOPAT 597.7m / Invested Capital 3.62b)
WACC = 6.51% (E(8.34b)/V(12.32b) * Re(9.18%) + D(3.97b)/V(12.32b) * Rd(1.07%) * (1-Tc(0.17)))
Discount Rate = 9.18% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.87%
[DCF] Terminal Value 85.69% ; FCFF base≈929.1m ; Y1≈1.07b ; Y5≈1.49b
[DCF] Fair Price = 147.2 (EV 37.28b - Net Debt 2.95b = Equity 34.33b / Shares 233.3m; r=6.51% [WACC]; 5y FCF grow 17.28% → 3.0% )
EPS Correlation: 24.89 | EPS CAGR: 9.51% | SUE: 2.00 | # QB: 1
Revenue Correlation: 73.10 | Revenue CAGR: 2.26% | SUE: 1.99 | # QB: 2
EPS current Quarter (2026-06-30): EPS=0.95 | Chg30d=+10.19% | Revisions=+56% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.94 | Chg30d=+0.78% | Revisions=-56% | Analysts=5
EPS current Year (2026-12-31): EPS=3.84 | Chg30d=+5.87% | Revisions=+11% | GrowthEPS=+17.6% | GrowthRev=-0.4%
EPS next Year (2027-12-31): EPS=4.24 | Chg30d=+5.15% | Revisions=+11% | GrowthEPS=+10.3% | GrowthRev=+3.8%
[Analyst] Revisions Ratio: +56%