Professional
Added to YB: 2024-04-19
Pitch date: 2024-04-17
MTCH [neutral]
Match Group, Inc.
+24.65%
current return
Author Info
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Company Info
Match Group, Inc. provides digital technologies in the United States and internationally. It operates through four segments: Tinder, Hinge, Evergreen and Emerging, and Match Group Asia.
Market Cap
$8.8B
Pitch Price
$30.41
Price Target
N/A
Dividend
2.11%
EV/EBITDA
10.65
P/E
14.50
EV/Sales
3.35
Sector
Interactive Media and Services
Category
turnaround
Pernas Research Passes On: Match Group, Inc.
MTCH: Online dating conglomerate down 85% from ATH. Tinder (60% rev) stalling, but Hinge growing fast. Challenging to manage subsidiaries w/ overlapping markets & cannibalization risk. Attractive valuation, but complexity warrants a pass. Mrkt cap $8.7B, EV/EBITDA 11.3x.
Read full article (1 min)