MTCH - Embedded Expectations Analysis - 2020 01 22
ï€ Match Group, Inc. (MTCH:USA) currently trades at historical highs relative to UAFRS-based (Uniform) Earnings, with a 33.6x Uniform P/E. Even at these levels, markets have somewhat bearish expectations for the firm, but management is confident about their new products and experiences, Tinder, and Abloï€ Specifically, management is confident that their products make real-life connections and that users will be able to join live streaming communities, in addition to core matching and messaging experiences. Moreover, they are confident that Tinder net add expectations are not affected by Facebook and that they are maintaining subscription and a-la-carte flexibility in Tinder as they refine their product road map. Furthermore, management is confident that Ablo enables people to “travel†without going anywhere by sharing travel tips, recipes and more, and they are confident that a majority of Ablo users are under the age of 35
Match Group is a provider of dating products available in over 40 languages to its users all over the world through applications and websites it owns and operates. The company operates a portfolio of brands, including Tinder, Match, PlentyOfFish, Meetic, OkCupid, OurTime, Pairs and Hinge, as well as a number other brands. Through its portfolio of brands, the company provides tailored products to meet the varying preferences of its users. All the company's products enable users to establish a profile and review other users' profiles without charge. Each product also provides additional features, some of which are free, and some of which require payment depending on the particular product.
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