MATCH GROUP INC (MTCH) Stock Fundamental Analysis
USA - NASDAQ:MTCH - US57667L1070 - Common Stock
32.43 USD
+0.08 (+0.25%)
32.43 USD
0 (0%)
Overall MTCH gets a fundamental rating of 5 out of 10. We evaluated MTCH against 69 industry peers in the Interactive Media & Services industry. MTCH has an excellent profitability rating, but there are concerns on its financial health. MTCH is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
MTCH had positive earnings in the past year.
MTCH had a positive operating cash flow in the past year.
MTCH had positive earnings in each of the past 5 years.
In the past 5 years MTCH always reported a positive cash flow from operatings.
1.2 Ratios
MTCH has a Return On Assets of 13.90%. This is amongst the best in the industry. MTCH outperforms 84.06% of its industry peers.
With an excellent Return On Invested Capital value of 24.95%, MTCH belongs to the best of the industry, outperforming 91.30% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MTCH is above the industry average of 13.27%.
The 3 year average ROIC (15.96%) for MTCH is below the current ROIC(24.95%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.9% | ||
| ROE | N/A | ||
| ROIC | 24.95% |
ROA(3y)11.82%
ROA(5y)9.25%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)15.96%
ROIC(5y)17.9%
1.3 Margins
MTCH's Profit Margin of 15.59% is amongst the best of the industry. MTCH outperforms 81.16% of its industry peers.
MTCH's Profit Margin has declined in the last couple of years.
MTCH's Operating Margin of 24.64% is amongst the best of the industry. MTCH outperforms 89.86% of its industry peers.
In the last couple of years the Operating Margin of MTCH has declined.
The Gross Margin of MTCH (71.94%) is better than 62.32% of its industry peers.
In the last couple of years the Gross Margin of MTCH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.64% | ||
| PM (TTM) | 15.59% | ||
| GM | 71.94% |
OM growth 3Y-4.92%
OM growth 5Y-5.04%
PM growth 3Y19.4%
PM growth 5Y-6.46%
GM growth 3Y-0.17%
GM growth 5Y-0.74%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MTCH is creating value.
The number of shares outstanding for MTCH has been reduced compared to 1 year ago.
MTCH has less shares outstanding than it did 5 years ago.
MTCH has a worse debt/assets ratio than last year.
2.2 Solvency
MTCH has an Altman-Z score of 0.36. This is a bad value and indicates that MTCH is not financially healthy and even has some risk of bankruptcy.
MTCH has a worse Altman-Z score (0.36) than 60.87% of its industry peers.
MTCH has a debt to FCF ratio of 3.78. This is a good value and a sign of high solvency as MTCH would need 3.78 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.78, MTCH is in the better half of the industry, outperforming 63.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.78 | ||
| Altman-Z | 0.36 |
ROIC/WACC2.78
WACC8.99%
2.3 Liquidity
MTCH has a Current Ratio of 0.70. This is a bad value and indicates that MTCH is not financially healthy enough and could expect problems in meeting its short term obligations.
MTCH's Current ratio of 0.70 is on the low side compared to the rest of the industry. MTCH is outperformed by 84.06% of its industry peers.
A Quick Ratio of 0.70 indicates that MTCH may have some problems paying its short term obligations.
MTCH's Quick ratio of 0.70 is on the low side compared to the rest of the industry. MTCH is outperformed by 82.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
MTCH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.74%.
Measured over the past 5 years, MTCH shows a small growth in Earnings Per Share. The EPS has been growing by 2.22% on average per year.
MTCH shows a decrease in Revenue. In the last year, the revenue decreased by -0.60%.
MTCH shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.15% yearly.
EPS 1Y (TTM)-11.74%
EPS 3Y-1.13%
EPS 5Y2.22%
EPS Q2Q%2.08%
Revenue 1Y (TTM)-0.6%
Revenue growth 3Y5.26%
Revenue growth 5Y11.15%
Sales Q2Q%-0.04%
3.2 Future
Based on estimates for the next years, MTCH will show a very strong growth in Earnings Per Share. The EPS will grow by 20.30% on average per year.
MTCH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.95% yearly.
EPS Next Y11.71%
EPS Next 2Y17.19%
EPS Next 3Y17.85%
EPS Next 5Y20.3%
Revenue Next Year0.45%
Revenue Next 2Y2.45%
Revenue Next 3Y3.59%
Revenue Next 5Y4.95%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 15.98, the valuation of MTCH can be described as correct.
68.12% of the companies in the same industry are more expensive than MTCH, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.40, MTCH is valued a bit cheaper.
The Price/Forward Earnings ratio is 11.69, which indicates a very decent valuation of MTCH.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MTCH indicates a somewhat cheap valuation: MTCH is cheaper than 76.81% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of MTCH to the average of the S&P500 Index (22.94), we can say MTCH is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.98 | ||
| Fwd PE | 11.69 |
4.2 Price Multiples
MTCH's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MTCH is cheaper than 71.01% of the companies in the same industry.
84.06% of the companies in the same industry are more expensive than MTCH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.6 | ||
| EV/EBITDA | 10.76 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of MTCH may justify a higher PE ratio.
A more expensive valuation may be justified as MTCH's earnings are expected to grow with 17.85% in the coming years.
PEG (NY)1.36
PEG (5Y)7.2
EPS Next 2Y17.19%
EPS Next 3Y17.85%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.34%, MTCH has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.74, MTCH pays a better dividend. On top of this MTCH pays more dividend than 94.20% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, MTCH has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.34% |
5.2 History
MTCH does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y17.19%
EPS Next 3Y17.85%
32.43
+0.08 (+0.25%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryInteractive Media & Services
Earnings (Last)
Earnings (Next)
Inst Owners107.82%
Inst Owner Change0.02%
Ins Owners0.29%
Ins Owner Change2.1%
Market Cap7.80B
Analysts71.72
Price Target39.5 (21.8%)
Short Float %4%
Short Ratio2.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.34% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.44%
Min EPS beat(2)-1.2%
Max EPS beat(2)14.08%
EPS beat(4)3
Avg EPS beat(4)5.83%
Min EPS beat(4)-1.2%
Max EPS beat(4)14.08%
EPS beat(8)6
Avg EPS beat(8)11.65%
EPS beat(12)8
Avg EPS beat(12)5.18%
EPS beat(16)11
Avg EPS beat(16)5.96%
Revenue beat(2)0
Avg Revenue beat(2)-1.16%
Min Revenue beat(2)-1.53%
Max Revenue beat(2)-0.79%
Revenue beat(4)0
Avg Revenue beat(4)-1.66%
Min Revenue beat(4)-2.55%
Max Revenue beat(4)-0.79%
Revenue beat(8)0
Avg Revenue beat(8)-1.56%
Revenue beat(12)2
Avg Revenue beat(12)-1.42%
Revenue beat(16)2
Avg Revenue beat(16)-1.69%
PT rev (1m)0%
PT rev (3m)12.6%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.19%
EPS NY rev (1m)0.3%
EPS NY rev (3m)2.88%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.98 | ||
| Fwd PE | 11.69 | ||
| P/S | 2.26 | ||
| P/FCF | 8.6 | ||
| P/OCF | 8.16 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.76 |
EPS(TTM)2.03
EY6.26%
EPS(NY)2.77
Fwd EY8.55%
FCF(TTM)3.77
FCFY11.63%
OCF(TTM)3.98
OCFY12.26%
SpS14.34
BVpS-0.96
TBVpS-11.58
PEG (NY)1.36
PEG (5Y)7.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.9% | ||
| ROE | N/A | ||
| ROCE | 30.77% | ||
| ROIC | 24.95% | ||
| ROICexc | 28.46% | ||
| ROICexgc | N/A | ||
| OM | 24.64% | ||
| PM (TTM) | 15.59% | ||
| GM | 71.94% | ||
| FCFM | 26.3% |
ROA(3y)11.82%
ROA(5y)9.25%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)15.96%
ROIC(5y)17.9%
ROICexc(3y)20.38%
ROICexc(5y)23.46%
ROICexgc(3y)150.05%
ROICexgc(5y)N/A
ROCE(3y)19.69%
ROCE(5y)22.08%
ROICexcg growth 3YN/A
ROICexcg growth 5Y76.08%
ROICexc growth 3Y1.45%
ROICexc growth 5Y25.09%
OM growth 3Y-4.92%
OM growth 5Y-5.04%
PM growth 3Y19.4%
PM growth 5Y-6.46%
GM growth 3Y-0.17%
GM growth 5Y-0.74%
F-Score6
Asset Turnover0.89
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.78 | ||
| Debt/EBITDA | 2.83 | ||
| Cap/Depr | 30.7% | ||
| Cap/Sales | 1.42% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 94.74% | ||
| Profit Quality | 168.77% | ||
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | 0.36 |
F-Score6
WACC8.99%
ROIC/WACC2.78
Cap/Depr(3y)34.93%
Cap/Depr(5y)61.2%
Cap/Sales(3y)1.67%
Cap/Sales(5y)1.89%
Profit Quality(3y)139.67%
Profit Quality(5y)237.39%
High Growth Momentum
Growth
EPS 1Y (TTM)-11.74%
EPS 3Y-1.13%
EPS 5Y2.22%
EPS Q2Q%2.08%
EPS Next Y11.71%
EPS Next 2Y17.19%
EPS Next 3Y17.85%
EPS Next 5Y20.3%
Revenue 1Y (TTM)-0.6%
Revenue growth 3Y5.26%
Revenue growth 5Y11.15%
Sales Q2Q%-0.04%
Revenue Next Year0.45%
Revenue Next 2Y2.45%
Revenue Next 3Y3.59%
Revenue Next 5Y4.95%
EBIT growth 1Y-4.81%
EBIT growth 3Y0.09%
EBIT growth 5Y5.54%
EBIT Next Year46.17%
EBIT Next 3Y20.87%
EBIT Next 5Y16.1%
FCF growth 1Y16.92%
FCF growth 3Y1.95%
FCF growth 5Y-0.38%
OCF growth 1Y14.48%
OCF growth 3Y0.73%
OCF growth 5Y-0.11%