MATCH GROUP INC (MTCH) Stock Fundamental Analysis
USA - NASDAQ:MTCH - US57667L1070 - Common Stock
37.47 USD
-0.28 (-0.74%)
37.54 USD
+0.07 (+0.19%)
Overall MTCH gets a fundamental rating of 5 out of 10. We evaluated MTCH against 69 industry peers in the Interactive Media & Services industry. While MTCH belongs to the best of the industry regarding profitability, there are concerns on its financial health. MTCH has a decent growth rate and is not valued too expensively.
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.
Each year in the past 5 years MTCH has been profitable.
MTCH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MTCH has a better Return On Assets (13.90%) than 85.51% of its industry peers.
With an excellent Return On Invested Capital value of 24.95%, MTCH belongs to the best of the industry, outperforming 92.75% of the companies in the same industry.
MTCH had an Average Return On Invested Capital over the past 3 years of 15.96%. This is above the industry average of 12.98%.
The last Return On Invested Capital (24.95%) for MTCH is above the 3 year average (15.96%), which is a sign of increasing profitability.
| 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 has a Profit Margin of 15.59%. This is amongst the best in the industry. MTCH outperforms 82.61% of its industry peers.
In the last couple of years the Profit Margin of MTCH has declined.
With an excellent Operating Margin value of 24.64%, MTCH belongs to the best of the industry, outperforming 91.30% of the companies in the same industry.
MTCH's Operating Margin has declined in the last couple of years.
The Gross Margin of MTCH (71.94%) is better than 63.77% of its industry peers.
MTCH's Gross Margin has been stable in the last couple of years.
| 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
MTCH has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
MTCH has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, MTCH has less shares outstanding
MTCH has a worse debt/assets ratio than last year.
2.2 Solvency
MTCH has an Altman-Z score of 0.54. This is a bad value and indicates that MTCH is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of MTCH (0.54) is worse than 62.32% 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.
MTCH's Debt to FCF ratio of 3.78 is fine compared to the rest of the industry. MTCH outperforms 62.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.78 | ||
| Altman-Z | 0.54 |
ROIC/WACC2.85
WACC8.77%
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 has a worse Current ratio (0.70) than 82.61% of its industry peers.
MTCH has a Quick 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.
The Quick ratio of MTCH (0.70) is worse than 81.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
The earnings per share for MTCH have decreased strongly by -11.74% in the last year.
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.
The Revenue has decreased by -0.60% in the past year.
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
The Earnings Per Share is expected to grow by 20.30% on average over the next years. This is a very strong growth
MTCH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.95% yearly.
EPS Next Y11.38%
EPS Next 2Y20.74%
EPS Next 3Y20.08%
EPS Next 5Y20.3%
Revenue Next Year0.45%
Revenue Next 2Y2.45%
Revenue Next 3Y3.59%
Revenue Next 5Y4.95%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 18.46, the valuation of MTCH can be described as rather expensive.
Based on the Price/Earnings ratio, MTCH is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
MTCH's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.27.
The Price/Forward Earnings ratio is 12.72, which indicates a correct valuation of MTCH.
75.36% of the companies in the same industry are more expensive than MTCH, based on the Price/Forward Earnings ratio.
MTCH is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.77, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.46 | ||
| Fwd PE | 12.72 |
4.2 Price Multiples
75.36% of the companies in the same industry are more expensive than MTCH, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MTCH indicates a rather cheap valuation: MTCH is cheaper than 86.96% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.93 | ||
| EV/EBITDA | 11.98 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
MTCH has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as MTCH's earnings are expected to grow with 20.08% in the coming years.
PEG (NY)1.62
PEG (5Y)8.32
EPS Next 2Y20.74%
EPS Next 3Y20.08%
5. Dividend
5.1 Amount
MTCH has a Yearly Dividend Yield of 2.00%.
Compared to an average industry Dividend Yield of 2.89, MTCH pays a better dividend. On top of this MTCH pays more dividend than 94.20% of the companies listed in the same industry.
MTCH's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2% |
5.2 History
MTCH is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y20.74%
EPS Next 3Y20.08%
37.47
-0.28 (-0.74%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryInteractive Media & Services
Earnings (Last)
Earnings (Next)
Inst Owners107.86%
Inst Owner Change-4.72%
Ins Owners0.28%
Ins Owner Change2.09%
Market Cap9.02B
Analysts71.72
Price Target39.5 (5.42%)
Short Float %5.13%
Short Ratio2.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2% |
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)10.99%
PT rev (3m)12.6%
EPS NQ rev (1m)2%
EPS NQ rev (3m)4.97%
EPS NY rev (1m)3.08%
EPS NY rev (3m)4.5%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)2.84%
Revenue NY rev (1m)1.16%
Revenue NY rev (3m)1.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.46 | ||
| Fwd PE | 12.72 | ||
| P/S | 2.61 | ||
| P/FCF | 9.93 | ||
| P/OCF | 9.42 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.98 |
EPS(TTM)2.03
EY5.42%
EPS(NY)2.94
Fwd EY7.86%
FCF(TTM)3.77
FCFY10.07%
OCF(TTM)3.98
OCFY10.61%
SpS14.34
BVpS-0.96
TBVpS-11.58
PEG (NY)1.62
PEG (5Y)8.32
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 | 0.54 |
F-Score6
WACC8.77%
ROIC/WACC2.85
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 Y11.38%
EPS Next 2Y20.74%
EPS Next 3Y20.08%
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 Year46.74%
EBIT Next 3Y20.08%
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%