Professional
Added to YB: 2024-04-19
Pitch date: 2024-04-17
MTCH [neutral]
Match Group, Inc.
+5.05%
current return
Author Info
Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.
Company Info
Match Group, Inc. engages in the provision of dating products. Its portfolio of brands includes Tinder, Hinge, Match, Meetic, OkCupid, Pairs, Plenty Of Fish, Azar, BLK, and Hakuna, as well as a various other brands, each built to increase users’ likelihood of connecting with others.
Market Cap
$8.2B
Pitch Price
$30.41
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.77
P/E
13.53
EV/Sales
3.28
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)