Alphabet Inc (GOOG) is slightly undervalued and Match Group Inc (MTCH) is fairly valued.
Against our estimates of intrinsic value, GOOG trades at the wider discount: a margin of safety of +9%, against -1% for MTCH.
Values as of the 22 Sept 2026 close.
A 10.6x revenue multiple, adjusted for growth and margin, values the shares at $381.63; the price of $347.41 is 9% below that value.
Leak Score 58/100 on 10 of 12 signals
Discounting its cash flows at 10.1% (average of 3 methods) values the shares at $41.24; the price of $41.71 is 1% above that value, and 72% of that value comes from beyond year five.
Leak Score 63/100 on 8 of 12 signals
| Metric | GOOG | MTCH |
|---|---|---|
| Verdict | Slightly undervalued | Fairly valued |
| Price | $347.41 | $41.71 |
| Intrinsic value | $381.63 | $41.24 |
| Margin of safety | +9% | -1% |
| Leak Score | 58/100 (10/12) | 63/100 (8/12) |
| Market cap | $4.28T | $9.6B |
| Revenue growth, 5 years | 17.2% | 7.8% |
| Operating margin | 34.0% | 28.1% |
| Net margin | 54.7% | 20.2% |
| Return on equity | 48.7% | — |
| Debt to equity | 0.18 | — |
| P/E | 17.4x | 14.7x |
| Forward P/E | 23.0x | 12.9x |
| P/B | 6.8x | — |
| Dividend yield | 0.2% | 1.6% |