Match Group Inc. (MTCH) vs Zillow Group, Inc. (ZG)

Match Group Inc. and Zillow Group, Inc. are both Internet Content & Information companies. Match Group Inc. is the larger, with a market value of $9.5B against $6.4B — 1.5× the size. Match Group Inc. trades at the lower P/E: 13.5× against 133×. Zillow Group, Inc. grew revenue faster over the last twelve months: 17.7% against 1.70%. Match Group Inc. has the higher net margin (20.2% vs 1.96%) and the higher return on invested capital (22.6% vs 0.18%). Across the 21 metrics below, Match Group Inc. leads on 13 and Zillow Group, Inc. on 8.

Valuation

Metric MTCH ZG Internet Content & Information median
P/E 13.52 133.23 10.24
P/S 2.69 2.38 0.87
P/B n/m 1.55 1.32
Price to free cash flow 8.26 30.36 8.85
EV/EBITDA 11.61 22.72 8.86
EV/Sales 3.65 2.47 1.15
Earnings yield 7.40% 0.75% (1.58%)
Free cash flow yield 12.11% 3.29% 2.32%

Profitability

Metric MTCH ZG Internet Content & Information median
Gross margin 74.80% 72.88% 66.84%
Operating margin 28.15% 0.43% (3.41%)
Net margin 20.17% 1.96% (3.02%)
Free cash flow margin 32.53% 7.83% 1.75%
Return on equity (302.58%) 1.21% 0.00%
Return on assets 17.91% 1.03% (0.36%)
Return on invested capital 22.61% 0.18% 0.00%

Growth

Metric MTCH ZG Internet Content & Information median
Revenue growth (TTM) 1.70% 17.67% 2.65%
EPS growth (last fiscal year) 17.82% 118.75% —
Revenue growth, 5-year CAGR 7.84% 9.73% 9.73%
Net income growth, 5-year CAGR 30.46% 0.00% 0.00%

Health

Metric MTCH ZG Internet Content & Information median
Debt to equity (14.98) 0.11 0.01
Current ratio 1.72 1.92 1.82
Net debt to EBITDA 3.01 (3.61) (0.48)

Dividend

Metric MTCH ZG Internet Content & Information median
Dividend yield — — 3.19%
Payout ratio 0.00 0.00 0.00

Size

Metric MTCH ZG Internet Content & Information median
Market cap 9.46b 6.36b 283.68m

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