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Added to YB: 2024-11-19

Pitch date: 2024-11-17

IAC [bullish]

People Incorporated

-0.59%

current return

Author Info

Company Info

People Incorporated, together with its subsidiaries, operates as a media and internet company worldwide.

Market Cap

$3.0B

Pitch Price

$38.57

Price Target

N/A

Dividend

N/A

EV/EBITDA

15.48

P/E

6.94

EV/Sales

1.41

Sector

Interactive Media and Services

Category

value

Show full summary:
IAC Stock: The 10th Spin-Off On The Horizon

IAC: Undervalued holding co. at $47/share. Sum-of-parts: 21.8% MGM ($2.4B), 85.3% ANGI (spin-off in 2025), $1.1B cash. Unlisted assets worth $46/share: Dotdash Meredith ($2.2B), Turo (32%, ~$1B), Care ($500M). Catalysts: ANGI spin-off, Turo IPO/exit. Patience required, but significant upside potential.

Read full article (8 min)