NasdaqGS:IAC

Stock Analysis Report

Executive Summary

IAC/InterActiveCorp, together with its subsidiaries, operates as a media and Internet company in the United States and internationally.

Snowflake

Fundamentals

Reasonable growth potential with adequate balance sheet.


Similar Companies

Share Price & News

How has IAC/InterActiveCorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.6%

IAC

-0.04%

US Interactive Media and Services

-0.6%

US Market


1 Year Return

9.7%

IAC

4.2%

US Interactive Media and Services

0.6%

US Market

IAC outperformed the Interactive Media and Services industry which returned 4.2% over the past year.

IAC outperformed the Market in United States of America which returned 0.6% over the past year.


Share holder returns

IACIndustryMarket
7 Day1.6%-0.04%-0.6%
30 Day-9.7%3.2%2.2%
90 Day2.0%4.4%1.1%
1 Year9.7%9.7%4.3%4.2%2.9%0.6%
3 Year269.7%269.7%44.6%44.5%44.6%35.2%
5 Year259.0%250.0%87.0%86.8%61.9%44.2%

Price Volatility Vs. Market

How volatile is IAC/InterActiveCorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is IAC/InterActiveCorp undervalued based on future cash flows and its price relative to the stock market?

40%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

IAC/InterActiveCorp's share price is below the future cash flow value, and at a moderate discount (> 20%).

IAC/InterActiveCorp's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

IAC/InterActiveCorp is overvalued based on earnings compared to the US Interactive Media and Services industry average.

IAC/InterActiveCorp is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

IAC/InterActiveCorp is poor value based on expected growth next year.


Price Based on Value of Assets

IAC/InterActiveCorp is overvalued based on assets compared to the US Interactive Media and Services industry average.


Next Steps

Future Growth

How is IAC/InterActiveCorp expected to perform in the next 1 to 3 years based on estimates from 19 analysts?

27.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

IAC/InterActiveCorp's revenue is expected to grow by 12.6% yearly, however this is not considered high growth (20% yearly).

IAC/InterActiveCorp's earnings are expected to grow significantly at over 20% yearly.

IAC/InterActiveCorp's revenue growth is expected to exceed the United States of America market average.

IAC/InterActiveCorp's earnings growth is expected to exceed the United States of America market average.

IAC/InterActiveCorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

IAC/InterActiveCorp is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has IAC/InterActiveCorp performed over the past 5 years?

28.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

IAC/InterActiveCorp has delivered over 20% year on year earnings growth in the past 5 years.

IAC/InterActiveCorp's 1-year earnings growth is less than its 5-year average (7.5% vs 28.9%)

IAC/InterActiveCorp's earnings growth has not exceeded the US Interactive Media and Services industry average in the past year (7.5% vs 12.3%).


Return on Equity

IAC/InterActiveCorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

IAC/InterActiveCorp used its assets more efficiently than the US Interactive Media and Services industry average last year based on Return on Assets.


Return on Capital Employed

IAC/InterActiveCorp has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is IAC/InterActiveCorp's financial position?


Financial Position Analysis

IAC/InterActiveCorp is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

IAC/InterActiveCorp's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

IAC/InterActiveCorp's level of debt (80.3%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (63.4% vs 80.3% today).

Debt is well covered by operating cash flow (30.6%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 8.1x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.2x debt.


Next Steps

Dividend

What is IAC/InterActiveCorp's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate IAC/InterActiveCorp's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate IAC/InterActiveCorp's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as IAC/InterActiveCorp has not reported any payouts.

Unable to verify if IAC/InterActiveCorp's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as IAC/InterActiveCorp has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of IAC/InterActiveCorp's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of IAC/InterActiveCorp's salary, the management and board of directors tenure and is there insider trading?

7.2yrs

Average management tenure


CEO

Joey Levin (40yo)

4.3yrs

Tenure

US$6,315,554

Compensation

Mr. Joseph M. Levin, also known as Joey, has been Chairman of the Board (in an non-executive capacity) of Match Group since December 2017. Mr. Levin has been Chairman and Director at HomeAdvisor Inc. and A ...


CEO Compensation Analysis

Joey's remuneration is lower than average for companies of similar size in United States of America.

Joey's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

7.2yrs

Average Tenure

50yo

Average Age

The average tenure for the IAC/InterActiveCorp management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

10.8yrs

Average Tenure

62yo

Average Age

The average tenure for the IAC/InterActiveCorp board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$956,70225 Feb 19
Edgar Bronfman
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares4,411
Max PriceUS$216.89
SellUS$999,05814 Feb 19
David Rosenblatt
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares4,528
Max PriceUS$220.64

Ownership Breakdown


Management Team

  • Barry Diller (77yo)

    Chairman & Senior Executive

    • Tenure: 8.8yrs
    • Compensation: US$4.00m
  • Joanne Hawkins (58yo)

    Senior VP & Deputy General Counsel

    • Tenure: 14yrs
  • Glenn Schiffman (49yo)

    Executive VP & CFO

    • Tenure: 3.4yrs
    • Compensation: US$8.56m
  • Michael Schwerdtman

    Senior VP

    • Tenure: 0yrs
  • Mark Stein (51yo)

    Executive VP & Chief Strategy Officer

    • Tenure: 4yrs
    • Compensation: US$2.56m
  • Jason Stewart

    Chief Administrative Officer & Senior VP

    • Tenure: 14.6yrs
  • Joey Levin (40yo)

    CEO & Director

    • Tenure: 4.3yrs
    • Compensation: US$6.32m
  • Gregg Winiarski (48yo)

    Executive VP

    • Tenure: 14.6yrs
    • Compensation: US$2.51m
  • Mark Schneider

    Senior Vice President of Finance & Investor Relations

    • Tenure: 5.7yrs
  • Nick Stoumpas

    Senior VP & Treasurer

    • Tenure: 0yrs

Board Members

  • Alan Spoon (68yo)

    Independent Director

    • Tenure: 16.6yrs
    • Compensation: US$329.96k
  • David Rosenblatt (51yo)

    Independent Director

    • Tenure: 10.8yrs
    • Compensation: US$304.96k
  • Barry Diller (77yo)

    Chairman & Senior Executive

    • Tenure: 8.8yrs
    • Compensation: US$4.00m
  • Victor Kaufman (75yo)

    Vice Chairman of the Board

    • Tenure: 19.9yrs
    • Compensation: US$564.22k
  • Edgar Bronfman (64yo)

    Independent Director

    • Tenure: 21.6yrs
    • Compensation: US$299.96k
  • Bryan Lourd (58yo)

    Independent Director

    • Tenure: 14.4yrs
    • Compensation: US$309.96k
  • Rich Zannino (60yo)

    Independent Director

    • Tenure: 10.3yrs
    • Compensation: US$309.96k
  • Alex Von Furstenberg (49yo)

    Independent Director

    • Tenure: 10.8yrs
    • Compensation: US$299.96k
  • Bonnie Hammer (68yo)

    Independent Director

    • Tenure: 5yrs
    • Compensation: US$324.96k
  • Joey Levin (40yo)

    CEO & Director

    • Tenure: 4.3yrs
    • Compensation: US$6.32m

Company Information

IAC/InterActiveCorp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: IAC/InterActiveCorp
  • Ticker: IAC
  • Exchange: NasdaqGS
  • Founded: 1986
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: US$19.469b
  • Shares outstanding: 84.30m
  • Website: https://www.iac.com

Number of Employees


Location

  • IAC/InterActiveCorp
  • 555 West 18th Street
  • New York
  • New York
  • 10011
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IACNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDDec 1992
HNIBDB (Deutsche Boerse AG)YesCommon StockDEEURDec 1992

Biography

IAC/InterActiveCorp, together with its subsidiaries, operates as a media and Internet company in the United States and internationally. The company’s Match Group segment provides subscription dating produc ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/22 00:02
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.