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MA - Mastercard Incorpora...

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Mastercard Incorporated

MA

NYSE

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers other payment-related products and services. The company offers integrated products and value-added services for account holders, merchants, financial institutions, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; prepaid programs and management services; commercial credit and debit payment products and solutions; and payment products and solutions that allow its customers to access funds in deposit and other accounts. It also provides value-added products and services comprising cyber and intelligence solutions for parties to transact, as well as proprietary insights, drawing on principled use of consumer, and merchant data services. In addition, the company offers analytics, test and learn, consulting, managed services, loyalty, processing, and payment gateway solutions for e-commerce merchants. Further, it provides open banking and digital identity platforms services. The company offers payment solutions and services under the MasterCard, Maestro, and Cirrus. Mastercard Incorporated was founded in 1966 and is headquartered in Purchase, New York.

509.75 USD

10.41 (2.04%)

Operating Data

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

15.3B

18.88B

22.24B

25.1B

28.17B

32.83B

38.27B

44.61B

52B

60.62B

Revenue %

-

23.42

17.76

12.87

12.23

16.57

16.57

16.57

16.57

Ebitda

8.72B

11.46B

12.95B

15.01B

16.8B

19.4B

22.61B

26.36B

30.72B

35.81B

Ebitda %

56.99

60.71

58.25

59.82

59.63

59.08

59.08

59.08

59.08

Ebit

8.14B

10.74B

12.2B

14.21B

15.9B

18.26B

21.28B

24.81B

28.92B

33.71B

Ebit %

53.2

56.86

54.88

56.63

56.45

55.6

55.6

55.6

55.6

Depreciation

580M

726M

750M

799M

897M

1.14B

1.33B

1.55B

1.81B

2.11B

Depreciation %

3.79

3.84

3.37

3.18

3.18

3.48

3.48

3.48

3.48

Balance Sheet

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Total Cash

10.6B

7.89B

7.41B

9.18B

8.77B

13.93B

16.23B

18.92B

22.06B

25.71B

Total Cash %

69.25

41.8

33.31

36.58

31.14

42.42

42.42

42.42

42.42

Receivables

2.65B

3.01B

3.42B

4.06B

3.77B

5.13B

5.98B

6.98B

8.13B

9.48B

Receivables %

17.29

15.92

15.4

16.18

13.4

15.64

15.64

15.64

15.64

Inventories

-

-

-

-

-

-

-

-

-

-

Inventories %

-

-

-

-

-

-

-

-

-

Payable

527M

738M

926M

834M

929M

1.19B

1.39B

1.62B

1.89B

2.2B

Payable %

3.44

3.91

4.16

3.32

3.3

3.63

3.63

3.63

3.63

Cap Ex

-708M

-814M

-1.1B

-371M

-474M

-1.12B

-1.3B

-1.52B

-1.77B

-2.06B

Cap Ex %

-4.63

-4.31

-4.93

-1.48

-1.68

-3.41

-3.41

-3.41

-3.41

Weighted Average Cost Of Capital

Price

509.75

Beta

Diluted Shares Outstanding

927M

Costof Debt

4.15

Tax Rate

After Tax Cost Of Debt

3.5

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

18.23B

Total Equity

472.54B

Total Capital

490.76B

Debt Weighting

3.71

Equity Weighting

96.29

Wacc

8.96

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

15.3B

18.88B

22.24B

25.1B

28.17B

32.83B

38.27B

44.61B

52B

60.62B

Ebitda

8.72B

11.46B

12.95B

15.01B

16.8B

19.4B

22.61B

26.36B

30.72B

35.81B

Ebit

8.14B

10.74B

12.2B

14.21B

15.9B

18.26B

21.28B

24.81B

28.92B

33.71B

Tax Rate

15.6

15.6

15.6

15.6

15.6

15.6

15.6

15.6

15.6

15.6

Ebiat

6.72B

9.05B

10.33B

11.67B

13.42B

15.26B

17.79B

20.74B

24.18B

28.18B

Depreciation

580M

726M

750M

799M

897M

1.14B

1.33B

1.55B

1.81B

2.11B

Receivables

2.65B

3.01B

3.42B

4.06B

3.77B

5.13B

5.98B

6.98B

8.13B

9.48B

Inventories

-

-

-

-

-

-

-

-

-

-

Payable

527M

738M

926M

834M

929M

1.19B

1.39B

1.62B

1.89B

2.2B

Cap Ex

-708M

-814M

-1.1B

-371M

-474M

-1.12B

-1.3B

-1.52B

-1.77B

-2.06B

Ufcf

4.48B

8.81B

9.75B

11.37B

14.22B

14.19B

17.17B

20.01B

23.32B

27.19B

Wacc

8.96

8.96

8.96

8.96

8.96

Pv Ufcf

13.02B

14.46B

15.47B

16.55B

17.7B

Sum Pv Ufcf

77.19B

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

8.96

Free Cash Flow T1

27.73B

Terminal Value

398.42B

Present Terminal Value

259.42B

Intrinsic Value

Enterprise Value

336.61B

Net Debt

9.78B

Equity Value

326.83B

Diluted Shares Outstanding

927M

Equity Value Per Share

352.56

Projected DCF

352.56 -0.446%

DCF Levered

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FMP

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