Match Group, Inc. logo MTCH - Match Group, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 17
HOLD 15
SELL 0
STRONG
SELL
0
| PRICE TARGET: $40.88 DETAILS
HIGH: $51.00
LOW: $37.00
MEDIAN: $39.50
CONSENSUS: $40.88
UPSIDE: 4.42%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 75% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Fair Value Mild
Trading 5.9% below fair value
Current Price $39.15
Bear Case $31.70 19.0% downside ($31.70 - $39.15) / $39.15 = -19.0% 4% stage 1 growth, 12% discount
Fair Value $41.62 6.3% upside ($41.62 - $39.15) / $39.15 = 6.3% 7% stage 1 growth, 12% discount
Bull Case $50.63 29.3% upside ($50.63 - $39.15) / $39.15 = 29.3% 9% stage 1 growth, 12% discount

Adjust Assumptions

7.1%
12.0%
3.0%

Key Value Driver

FCF growth rate (7% base case)

Terminal Value % of EV 32%
Implied Market Multiple 14.5x
Market is pricing in (growth) 6.4% vs our 7.1% base

Plain-Language Summary

Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $40.88 from 32 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $41.62 per share.

Warnings

Stock-based employee pay equals 42% of profits. This dilutes existing shareholders, so cash flow alone overstates what owners really earn.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions