MTCH

Match Group Inc. - Ordinary Shares - New

TMT, Consumer


Presented:04/13/2022
Price:$96.32
Cap:$27.47B
Current Price:$38.62
Cap:$9.96B

Presented

Date04/13/2022
Price$96.32
Market Cap$27.47B
Ent Value$40.66B
P/E Ratio110.94x
Book ValueN/A
Div Yield0%
Shares O/S285.15M
Ave Daily Vol2,907,695
Short Int4.58%

Current

Price$38.62
Market Cap$9.96B
Match Group, Inc. engages in the provision of dating products worldwide. Its portfolio of brands includes Tinder, Match, Meetic, OkCupid, Hinge, Pairs, PlentyOfFish, and OurTime. The company was founded in 1995 and is headquartered in Dallas, TX.

Publicly traded companies mentioned herein Alphabet Inc (GOOGL), Apple Inc (AAPL), Bumble Inc (BMBL), Match Group Inc (MTCH)

Highlights

The presenter is long shares of Match Group Inc (MTCH), the industry leader in dating app technology with 45% global market share across its portfolio of over 45 dating companies such as Tinder and Hinge, which is continuing to grow its base of 16.3MM paid users through both organic innovation and a series of acquisitions. As the world gets past the effects of Omicron, the company has a massive tailwind both in terms of user growth and pricing. If Match can push pricing 10%+ this year while simultaneously outpacing last summer's paid subscriber count, the presenter is confident that the stock can support a 25x EBITDA multiple, yielding ~90% upside over the next 18 months.

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Idea Discussion

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