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Added to YB: 2025-07-15

Pitch date: 2025-07-13

IAC [bullish]

People Incorporated

-7.18%

current return

Author Info

Company Info

People Incorporated, together with its subsidiaries, operates as a media and internet company worldwide.

Market Cap

$3.0B

Pitch Price

$40.53

Price Target

N/A

Dividend

N/A

EV/EBITDA

15.48

P/E

6.94

EV/Sales

1.41

Sector

Interactive Media and Services

Category

value

Show full summary:
IAC Holding: Is the Next Billion-Dollar Spinoff on the Horizon?

IAC: Undervalued at 50% discount to NAV ($6B vs $3.2B mkt cap). $2.4B MGM stake (23%, benefits from buybacks), $2B Dotdash Meredith ($350M EBITDA 2025), $500M Turo stake (32%), $300M other digital assets, $900M cash. Catalysts: potential Dotdash IPO, Turo IPO/acquisition, share buybacks. Risks: cyclical ad biz, AI disruption, Diller's age (83).

Read full article (6 min)