Added to YB: 2025-07-15
Pitch date: 2025-07-13
IAC [bullish]
IAC Inc.
+1.58%
current return
Author Info
Company Info
IAC Inc., together with its subsidiaries, operates as a media and internet company worldwide. The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images; and magazines related to women and lifestyle under the media platforms and formats, such as People, Entertainment Weekly, People en Español, Allrecipes, Food & Wine, Simply Recipes, Serious Eats, EatingWell, The Spruce Eats, Liquor.
Market Cap
$3.4B
Pitch Price
$40.53
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.33
P/E
-29.57
EV/Sales
1.72
Sector
Interactive Media and Services
Category
value
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)