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Match GroupMTCH -2.83%81 ROC (Joel Greenblatt) % is 720.07% as of Mar. 2026, which is 212% above its 10-year median of 230.50. GuruFocus rates MTCH with a GF Score™ of 81/100 and a GF Value™ of $37.96 (Fairly Valued). The stock has 5 warning signs investors should review. Among 549 Interactive Media companies, Match Group ranks better than 91.26% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Match Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 720.07%.
The historical rank and industry rank for Match Group's ROC (Joel Greenblatt) % or its related term are showing as below:
MTCH'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.2 Med: 230.5 Max: 681.49
Current: 681.49
During the past 13 years, Match Group's highest ROC (Joel Greenblatt) % was 681.49%. The lowest was 9.20%. And the median was 230.50%.
MTCH's ROC (Joel Greenblatt) % is ranked better than 91.26% of 549
companies
in the Interactive Media industry
Industry Median: 16.14
vs MTCH: 681.49
Match Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 47.40% per year.
Match Group (NAS:MTCH) ROC (Joel Greenblatt) % Explanation
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Match Group ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Match Group's ROC (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.
MTCH vs SNAP, ZG, BILI: ROC (Joel Greenblatt) % Comparison
For the Internet Content & Information subindustry, Match Group's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (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 ROC (Joel Greenblatt) % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Match Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Match Group's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of 720.07% mean?
Match Group (MTCH) has a ROC (Joel Greenblatt) % of 720.07% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Match Group and its competitors. This is 212% above median its historical median of 230.50. Over the past decade, Match Group's ROC (Joel Greenblatt) % has ranged from 9.20 to 681.49. According to the industry distribution chart, Match Group ranks #48 out of 549 companies in the Interactive Media industry, placing it in the top 8.7%.
Is Match Group's ROC (Joel Greenblatt) % too high?
Match Group's current ROC (Joel Greenblatt) % of 720.07% is 212% above median its 10-year median of 230.50. Over the past 10 years, this metric has ranged from a low of 9.20 to a high of 681.49. The Interactive Media industry median ROC (Joel Greenblatt) % is 16.14. Match Group's value of 720.07% is 4361.4% above this industry median. Based on the distribution chart, Match Group ranks #48 out of 549 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Match Group has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Match Group's ROC (Joel Greenblatt) % compare to SNAP and ZG?
According to the Interactive Media industry distribution chart, Match Group ranks #48 out of 549 companies for ROC (Joel Greenblatt) %. This places Match Group in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 16.14. Match Group's value of 720.07% is 4361.4% above this benchmark. Historically, Match Group's own ROC (Joel Greenblatt) % has ranged from 9.20 to 681.49 over the past decade. While the company's 10-year median is 230.50 vs. the industry median of 16.14, Match Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for an Interactive Media company?
The median ROC (Joel Greenblatt) % among Interactive Media companies is 16.14, based on 549 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Match Group's current ROC (Joel Greenblatt) % of 720.07% is 4361.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Match Group and its competitors. For the Interactive Media industry, the median ROC (Joel Greenblatt) % is 16.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Match Group's current ROC (Joel Greenblatt) % is 720.07%, which is 212% above median its own 10-year median of 230.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Match Group stock overvalued right now?
Based on GuruFocus' analysis, Match Group (MTCH) is currently considered Fairly Valued. The stock's GF Value™ is $37.96, compared to a current price of $39.15 — trading 3.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 720.07%, which is 212% above median its 10-year median of 230.50 and 4361.4% above the Interactive Media industry median of 16.14. Match Group's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Match Group (MTCH), the current ROC (Joel Greenblatt) % is 720.07% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Match Group (MTCH) Overvalued in 2026?
Based on GuruFocus' analysis, Match Group stock appears to be overvalued.
The current stock price of $39.15 is trading 3.1% above its estimated GF Value™ of $37.96.
GuruFocus considers Match Group to be Fairly Valued.
Key valuation signals for MTCH:
ROC (Joel Greenblatt) %: 720.07% (212% above median its 10-year median of 230.50)
GF Value™: $37.96 vs. price of $39.15 (3.1% above fair value)
Industry Position: 4361.4% above the Interactive Media median (#48 of 549)
No single metric tells the full story. See the MTCH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Match Group Inc is a provider of online dating products. The company's portfolio of brands includes Tinder, Hinge, Match, Meetic, OkCupid, Pairs, Plenty Of Fish, Azar, BLK, and more, each built to increase its user's likelihood of connecting with others. The company has four operating segments: Tinder, Hinge, Evergreen and Emerging, and Match Group Asia. It generates the majority of its revenue from the Tinder segment.
81GF Score
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