Match Group Inc vs Reddit Inc

Match Group Inc (MTCH) is fairly valued and Reddit Inc (RDDT) is overvalued.

Both trade above our estimate of their intrinsic value. MTCH is the closer of the two: -1%, against -83% for RDDT.

Values as of the 22 Sept 2026 close.

Match Group Inc (MTCH)

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

Reddit Inc (RDDT)

Discounting its cash flows at 13.6% (average of 3 methods) values the shares at $84.92; the price of $155.67 is 83% above that value, and 64% of that value comes from beyond year five.

Leak Score 59/100 on 5 of 12 signals

MetricMTCHRDDT
VerdictFairly valuedOvervalued
Price$41.71$155.67
Intrinsic value$41.24$84.92
Margin of safety-1%-83%
Leak Score63/100 (8/12)59/100 (5/12)
Market cap$9.6B$30.0B
Revenue growth, 5 years7.8%57.3%
Operating margin28.1%28.2%
Net margin20.2%31.4%
Return on equity30.7%
Debt to equity0.01
P/E14.7x36.2x
Forward P/E12.9x21.9x
P/B9.1x
Dividend yield1.6%

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