Professional
Added to YB: 2024-03-04
Pitch date: 2024-03-04
MTCH [bullish]
Match Group, Inc.
-3.56%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
Company Info
Match Group, Inc. engages in the provision of digital technologies. It operates through four segments: Tinder, Hinge, Evergreen and Emerging, and Match Group Asia.
Market Cap
$9.3B
Pitch Price
$33.82
Price Target
N/A
Dividend
1.96%
EV/EBITDA
12.64
P/E
19.07
EV/Sales
3.62
Sector
Interactive Media and Services
Category
value
Idea Brunch with George Hadjia of Bristlemoon Capital - Match Group, Inc.
MTCH: Unique early mobile dating era w/ low CAC fueled Tinder & Hinge growth, now hard to replicate. High barriers for new apps due to CAC, churn & incumbent competition. Niche targeting limits scale. Despite Tinder payer decline, 9% FCF yield, buybacks, Tinder refresh & activist influence offer value.
Read full article (2 min)