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Match Group (MEX:MTCH1) E10 : MXN29.29 (As of Sep. 2024)


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What is Match Group E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Match Group's adjusted earnings per share data for the three months ended in Sep. 2024 was MXN10.042. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN29.29 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Match Group's average E10 Growth Rate was -1.90% per year. During the past 3 years, the average E10 Growth Rate was 6.40% per year. During the past 5 years, the average E10 Growth Rate was 13.30% per year. During the past 10 years, the average E10 Growth Rate was 18.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Match Group was 95.30% per year. The lowest was -45.00% per year. And the median was 1.40% per year.

As of today (2024-12-12), Match Group's current stock price is MXN676.00. Match Group's E10 for the quarter that ended in Sep. 2024 was MXN29.29. Match Group's Shiller PE Ratio of today is 23.08.

During the past 13 years, the highest Shiller PE Ratio of Match Group was 214.94. The lowest was 17.10. And the median was 76.68.


Match Group E10 Historical Data

The historical data trend for Match Group's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Match Group E10 Chart

Match Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.59 - 29.43 27.99 26.08

Match Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.46 26.08 25.32 31.76 29.29

Competitive Comparison of Match Group's E10

For the Internet Content & Information subindustry, Match Group's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Match Group's Shiller PE Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Match Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Match Group's Shiller PE Ratio falls into.



Match Group E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Match Group's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=10.042/133.0289*133.0289
=10.042

Current CPI (Sep. 2024) = 133.0289.

Match Group Quarterly Data

per share eps CPI Adj_EPS
201412 5.330 99.070 7.157
201503 2.119 99.621 2.830
201506 4.943 100.684 6.531
201509 5.793 100.392 7.676
201512 -3.027 99.792 -4.035
201603 0.718 100.470 0.951
201606 -20.992 101.688 -27.462
201609 4.390 101.861 5.733
201612 11.271 101.863 14.720
201703 2.530 102.862 3.272
201706 5.862 103.349 7.545
201709 15.050 104.136 19.226
201712 3.367 104.011 4.306
201803 5.976 105.290 7.550
201806 21.121 106.317 26.428
201809 12.913 106.507 16.129
201812 18.558 105.998 23.291
201903 8.178 107.251 10.144
201906 10.565 108.070 13.005
201909 12.437 108.329 15.273
201912 9.175 108.420 11.258
202003 -26.027 108.902 -31.793
202006 8.310 108.767 10.164
202009 10.383 109.815 12.578
202012 9.548 109.897 11.558
202103 11.651 111.754 13.869
202106 9.157 114.631 10.627
202109 8.842 115.734 10.163
202112 -12.308 117.630 -13.919
202203 11.947 121.301 13.102
202206 -2.213 125.017 -2.355
202209 8.851 125.227 9.402
202212 5.849 125.222 6.214
202303 7.570 127.348 7.908
202306 8.229 128.729 8.504
202309 9.929 129.860 10.171
202312 13.749 129.419 14.132
202403 7.302 131.776 7.371
202406 8.794 132.554 8.826
202409 10.042 133.029 10.042

Add all the adjusted EPS together and divide 10 will get our e10.


Match Group  (MEX:MTCH1) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Match Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=676.00/29.29
=23.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Match Group was 214.94. The lowest was 17.10. And the median was 76.68.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Match Group E10 Related Terms

Thank you for viewing the detailed overview of Match Group's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Match Group Business Description

Address
8750 North Central Expressway, Suite 1400, Dallas, TX, USA, 75231
Match Group is a provider of online dating products. The firm became public in 2015 and was more than 80% owned by IAC/InterActiveCorp until IAC spun it off in 2020. The company has a vast portfolio of different online dating service providers, including Tinder, Hinge, BLK, Chispa, Match.com, OkCupid, PlentyOfFish, and Meetic. Match Group has more than 45 brands of online dating sites and/or apps, from which it generates user fee revenue (95%) and advertising revenue (5%).

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