MATCH GROUP INC (MTCH)
US57667L1070 - Common Stock
MTCH gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 68 industry peers in the Interactive Media & Services industry. While MTCH belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. MTCH has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year MTCH was profitable.
In the past year MTCH had a positive cash flow from operations.
In the past 5 years MTCH has always been profitable.
Each year in the past 5 years MTCH had a positive operating cash flow.
1.2 Ratios
MTCH's Return On Assets of 14.45% is amongst the best of the industry. MTCH outperforms 91.04% of its industry peers.
MTCH has a Return On Invested Capital of 20.73%. This is amongst the best in the industry. MTCH outperforms 94.03% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MTCH is significantly above the industry average of 9.87%.
The 3 year average ROIC (17.72%) for MTCH is below the current ROIC(20.73%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.45% | ||
| ROE | N/A | ||
| ROIC | 20.73% |
ROA(3y)9.53%
ROA(5y)7.87%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.72%
ROIC(5y)17.52%
1.3 Margins
MTCH's Profit Margin of 19.36% is amongst the best of the industry. MTCH outperforms 88.06% of its industry peers.
In the last couple of years the Profit Margin of MTCH has declined.
With an excellent Operating Margin value of 27.25%, MTCH belongs to the best of the industry, outperforming 94.03% of the companies in the same industry.
In the last couple of years the Operating Margin of MTCH has declined.
With a decent Gross Margin value of 71.64%, MTCH is doing good in the industry, outperforming 61.19% of the companies in the same industry.
MTCH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.25% | ||
| PM (TTM) | 19.36% | ||
| GM | 71.65% |
OM growth 3Y-4.59%
OM growth 5Y-3.02%
PM growth 3Y41.83%
PM growth 5Y-11.78%
GM growth 3Y-0.84%
GM growth 5Y-1.23%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MTCH is creating value.
Compared to 1 year ago, MTCH has less shares outstanding
The number of shares outstanding for MTCH has been reduced compared to 5 years ago.
Compared to 1 year ago, MTCH has an improved debt to assets ratio.
2.2 Solvency
MTCH has an Altman-Z score of 0.52. This is a bad value and indicates that MTCH is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.52, MTCH is doing worse than 62.69% of the companies in the same industry.
The Debt to FCF ratio of MTCH is 4.63, which is a neutral value as it means it would take MTCH, 4.63 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.63, MTCH is in the better half of the industry, outperforming 68.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 4.63 | ||
| Altman-Z | 0.52 |
ROIC/WACC2.49
WACC8.32%
2.3 Liquidity
A Current Ratio of 2.39 indicates that MTCH has no problem at all paying its short term obligations.
MTCH has a Current ratio of 2.39. This is comparable to the rest of the industry: MTCH outperforms 50.75% of its industry peers.
A Quick Ratio of 2.39 indicates that MTCH has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.39, MTCH is in line with its industry, outperforming 50.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.39 | ||
| Quick Ratio | 2.39 |
3. Growth
3.1 Past
MTCH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.76%, which is quite good.
The Earnings Per Share has been growing by 8.88% on average over the past years. This is quite good.
The Revenue has been growing slightly by 5.51% in the past year.
The Revenue has been growing by 14.23% on average over the past years. This is quite good.
EPS 1Y (TTM)11.76%
EPS 3Y4.46%
EPS 5Y8.88%
EPS growth Q2Q170%
Revenue 1Y (TTM)5.51%
Revenue growth 3Y12.05%
Revenue growth 5Y14.23%
Revenue growth Q2Q10.18%
3.2 Future
The Earnings Per Share is expected to grow by 14.24% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.25% on average over the next years.
EPS Next Y-2.44%
EPS Next 2Y6.35%
EPS Next 3Y7.56%
EPS Next 5Y14.24%
Revenue Next Year7.3%
Revenue Next 2Y7.55%
Revenue Next 3Y7.45%
Revenue Next 5Y7.25%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.00, the valuation of MTCH can be described as correct.
Based on the Price/Earnings ratio, MTCH is valued cheaper than 83.58% of the companies in the same industry.
MTCH is valuated cheaply when we compare the Price/Earnings ratio to 28.28, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 14.35 indicates a correct valuation of MTCH.
Based on the Price/Forward Earnings ratio, MTCH is valued cheaply inside the industry as 82.09% of the companies are valued more expensively.
MTCH's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14 | ||
| Fwd PE | 14.35 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MTCH indicates a rather cheap valuation: MTCH is cheaper than 80.60% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, MTCH is valued cheaply inside the industry as 91.04% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.23 | ||
| EV/EBITDA | 11.15 |
4.3 Compensation for Growth
The decent profitability rating of MTCH may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.58
EPS Next 2Y6.35%
EPS Next 3Y7.56%
5. Dividend
5.1 Amount
No dividends for MTCH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
MATCH GROUP INC
NASDAQ:MTCH (5/3/2024, 7:07:33 PM)
After market: 31.9998 +0.07 (+0.22%)31.93
+0.64 (+2.05%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryInteractive Media & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap8.48B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14 | ||
| Fwd PE | 14.35 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.45% | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 27.25% | ||
| PM (TTM) | 19.36% | ||
| GM | 71.65% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.39 | ||
| Quick Ratio | 2.39 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)11.76%
EPS 3Y4.46%
EPS 5Y
EPS growth Q2Q
EPS Next Y-2.44%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)5.51%
Revenue growth 3Y12.05%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y