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Match Group (Match Group) Earnings Yield (Joel Greenblatt) % : 7.33% (As of Dec. 2023)


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What is Match Group Earnings Yield (Joel Greenblatt) %?

Match Group's Enterprise Value for the quarter that ended in Dec. 2023 was $12,789 Mil. Match Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $937 Mil. Match Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 7.33%.

The historical rank and industry rank for Match Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

MTCH' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.54   Med: 3.72   Max: 13.55
Current: 8.14

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Match Group was 13.55%. The lowest was -3.54%. And the median was 3.72%.

MTCH's Earnings Yield (Joel Greenblatt) % is ranked better than
75.22% of 581 companies
in the Interactive Media industry
Industry Median: 0 vs MTCH: 8.14

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Match Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was -0.39%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Match Group Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Match Group's Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % Chart

Match Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.78 1.75 0.95 3.52 7.33

Match Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Earnings Yield (Joel Greenblatt) % 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 3.52 3.70 5.02 5.65 7.33

Competitive Comparison of Match Group's Earnings Yield (Joel Greenblatt) %

For the Internet Content & Information subindustry, Match Group's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Match Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Match Group's Earnings Yield (Joel Greenblatt) % falls into.



Match Group Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Match Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=936.668/12788.562
=7.32 %

Match Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $937 Mil.



Match Group  (NAS:MTCH) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Match Group Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Match Group's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Match Group (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%).
Executives
Jared F. Sine officer: Chief Legal Officer 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Glenn Schiffman director 555 WEST 18TH STREET, NEW YORK NY 10011
Ann Mcdaniel director
Bernard Jin Kim director, officer: Chief Executive Officer C/O MATCH GROUP, INC., 8750 N CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Wendi Murdoch director 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Joseph Levin director C/O IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Pamela Seymon director 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Melissa Anne Brenner director 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Stephen Bailey director 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Ryan Reynolds director 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Sharmistha Dubey director, officer: Chief Executive Officer 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Thomas Mcinerney director ALTABA INC., 140 E 45TH STREET, 15TH FLOOR, SUITE 15A, NEW YORK X1 10017
Alan G Spoon director 1150 15TH ST NW, WASHINGTON DC 20071
Philip D Eigenmann officer: Chief Accounting Officer 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Gary Swidler officer: COO and CFO 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231