NasdaqGS:MTCH

Stock Analysis Report

Executive Summary

Match Group, Inc. provides dating products worldwide.


Snowflake Analysis

Reasonable growth potential with acceptable track record.


Similar Companies

Share Price & News

How has Match Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MTCH's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.9%

MTCH

-2.0%

US Interactive Media and Services

-1.1%

US Market


1 Year Return

28.3%

MTCH

25.3%

US Interactive Media and Services

17.9%

US Market

Return vs Industry: MTCH exceeded the US Interactive Media and Services industry which returned 25.3% over the past year.

Return vs Market: MTCH exceeded the US Market which returned 17.9% over the past year.


Shareholder returns

MTCHIndustryMarket
7 Day-3.9%-2.0%-1.1%
30 Day-14.1%-0.9%1.4%
90 Day6.1%10.0%6.9%
1 Year28.3%28.3%25.4%25.3%20.3%17.9%
3 Year368.0%345.5%62.0%61.8%47.8%38.3%
5 Yearn/a126.9%126.2%71.9%53.0%

Price Volatility Vs. Market

How volatile is Match Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Match Group undervalued compared to its fair value and its price relative to the market?

26.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MTCH ($73.5) is trading below our estimate of fair value ($100.32)

Significantly Below Fair Value: MTCH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MTCH is poor value based on its PE Ratio (38.6x) compared to the Interactive Media and Services industry average (21.8x).

PE vs Market: MTCH is poor value based on its PE Ratio (38.6x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: MTCH is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: MTCH is overvalued based on its PB Ratio (64.5x) compared to the US Interactive Media and Services industry average (3.1x).


Next Steps

Future Growth

How is Match Group forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

17.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MTCH's forecast earnings growth (17.6% per year) is above the savings rate (1.7%).

Earnings vs Market: MTCH's earnings (17.6% per year) are forecast to grow faster than the US market (14.1% per year).

High Growth Earnings: MTCH's earnings are forecast to grow, but not significantly.

Revenue vs Market: MTCH's revenue (13.2% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: MTCH's revenue (13.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MTCH's Return on Equity is forecast to be very high in 3 years time (40.6%).


Next Steps

Past Performance

How has Match Group performed over the past 5 years?

32.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MTCH has high quality earnings.

Growing Profit Margin: MTCH's current net profit margins (26.1%) are lower than last year (27.7%).


Past Earnings Growth Analysis

Earnings Trend: MTCH's earnings have grown significantly by 32.8% per year over the past 5 years.

Accelerating Growth: MTCH's earnings growth over the past year (11.8%) is below its 5-year average (32.8% per year).

Earnings vs Industry: MTCH earnings growth over the past year (11.8%) exceeded the Interactive Media and Services industry 8.5%.


Return on Equity

High ROE: Whilst MTCH's Return on Equity (166.66%) is outstanding, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Match Group's financial position?


Financial Position Analysis

Short Term Liabilities: MTCH's short term assets ($676.3M) exceed its short term liabilities ($417.6M).

Long Term Liabilities: MTCH's short term assets ($676.3M) do not cover its long term liabilities ($1.7B).


Debt to Equity History and Analysis

Debt Level: MTCH's debt to equity ratio (484.3%) is considered high.

Reducing Debt: MTCH's debt to equity ratio has increased from 23.7% to 484.3% over the past 5 years.

Debt Coverage: MTCH's debt is well covered by operating cash flow (42.4%).

Interest Coverage: MTCH's interest payments on its debt are well covered by EBIT (7.1x coverage).


Balance Sheet

Inventory Level: MTCH has a low level of unsold assets or inventory.

Debt Coverage by Assets: MTCH's debt is not covered by short term assets (assets are 0.4x debt).


Next Steps

Dividend

What is Match Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage0.4%forecastin3Years0%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate MTCH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate MTCH's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MTCH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MTCH's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MTCH's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average management tenure


CEO

Mandy Ginsberg (50yo)

2.2yrs

Tenure

US$2,508,250

Compensation

Ms. Amanda W. Ginsberg, also known as Mandy, serves as Director of Uber Technologies, Inc. since February 14, 2020. Ms. Ginsberg has been the Chief Executive Officer and Director of Match Group, Inc. since ...


CEO Compensation Analysis

Compensation vs Market: Mandy's total compensation ($USD2.51M) is below average for companies of similar size in the US market ($USD10.81M).

Compensation vs Earnings: Mandy's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Amanda Ginsberg
CEO & Director2.2yrsUS$2.51m0.046% $9.6m
Sharmistha Dubey
President & Director0.4yrsUS$14.06m0.023% $4.9m
Gary Swidler
COO & CFO4.4yrsUS$3.66m0.051% $10.7m
Jared Sine
Chief Legal Officer & Secretary3.6yrsUS$1.86m0.017% $3.6m
Navin Ramachandran
Chief Operating Officer and Chief Executive Officer of Match Group Asia & Latin America0yrsno datano data
Philip Eigenmann
Chief Accounting Officer2.3yrsno datano data
Lance Barton
Senior Vice President of Investor Relations & Corporate Development0yrsno datano data
Justine Sacco
Chief Communications Officer0.08yrsno datano data
Ayesha Gilarde
Chief Marketing Officer0yrsno datano data
Thomas Gaissmaier
Chief Human Resources Officer0.4yrsno datano data

2.2yrs

Average Tenure

49yo

Average Age

Experienced Management: MTCH's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Amanda Ginsberg
CEO & Director2.2yrsUS$2.51m0.046% $9.6m
Sharmistha Dubey
President & Director0.4yrsUS$14.06m0.023% $4.9m
Thomas McInerney
Non-Executive Director4.3yrsUS$310.00k0.069% $14.3m
Alan Spoon
Non-Executive Director4.3yrsUS$330.00k0.018% $3.8m
Ann McDaniel
Independent Director4.2yrsUS$325.00k0.0061% $1.3m
Pamela Seymon
Non-Executive Director4.3yrsUS$315.00k0.019% $4.0m
Glenn Schiffman
Director3.4yrsno datano data
Mark Stein
Non-Executive Director4.3yrsno data0.0088% $1.8m
Joseph Levin
Chairman of the Board2.2yrsno data0.018% $3.7m
Gregg Winiarski
Director4.3yrsno data0.0071% $1.5m

4.2yrs

Average Tenure

50.5yo

Average Age

Experienced Board: MTCH's board of directors are considered experienced (4.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MTCH insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Match Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Match Group, Inc.
  • Ticker: MTCH
  • Exchange: NasdaqGS
  • Founded: 2009
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: US$20.778b
  • Shares outstanding: 282.70m
  • Website: https://www.mtch.com

Number of Employees


Location

  • Match Group, Inc.
  • 8750 North Central Expressway
  • Suite 1400
  • Dallas
  • Texas
  • 75231
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MTCHNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDNov 2015
4MGDB (Deutsche Boerse AG)YesCommon StockDEEURNov 2015
MTCH *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNNov 2015
0JZ7LSE (London Stock Exchange)YesCommon StockGBUSDNov 2015
MTCHWBAG (Wiener Boerse AG)YesCommon StockATEURNov 2015

Biography

Match Group, Inc. provides dating products worldwide. It operates a portfolio of brands, including Tinder, Match, PlentyOfFish, Meetic, OkCupid, OurTime, Pairs, and Hinge, as well as other brands. Match Group, Inc. offers its dating products through its applications and Websites in approximately 40 languages. The company was incorporated in 2009 and is headquartered in Dallas, Texas. Match Group, Inc. operates as a subsidiary of IAC/InterActiveCorp. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 03:03
End of Day Share Price2020/02/21 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.