Mastercard Inc (MA)

Services-Business Services, NEC

Latest Price

$573.10

TTM P/E

33.17

Normalized P/E

44.15

Div Yield

0.57%

Book Value

7.54

P/B Ratio

76.00

Valuation metrics

EPS: $16.52

Book value / share: $8.54

Formula: √(22.5 × EPS × BVPS)

Graham Number

$56.34

90% downside

Norm. op. income: $12.3B (median of 7yr)

Tax rate: 17%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$104.44

82% downside

Base FCF: $11.6B (median of recent 5yr)

Growth: 19%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$623.63

+9% upside

EPS: $16.52

Target P/E: 44×

Formula: EPS × P/E

P/E Fair Value

$726.88

+27% upside

80.1% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	67.04M	$33.49B	7.52%	-1.27M	2026-03-31
MASTERCARD FOUNDATION ASSET MANAGEMENT CORP	65.23M	$32.59B	7.32%	-4.89M	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	52.34M	$26.15B	5.87%	--	2026-03-31
STATE STREET CORP	36.48M	$18.23B	4.09%	-133.5K	2026-03-31
FMR LLC	24.26M	$12.12B	2.72%	-913.7K	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	21.07M	$10.50B	2.36%	+384.8K	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	19.43M	$9.71B	2.18%	--	2026-03-31
PRICE T ROWE ASSOCIATES INC /MD/	18.57M	$9.28B	2.08%	-466.8K	2026-03-31
MORGAN STANLEY	15.16M	$7.58B	1.70%	-884.0K	2026-03-31
Capital Research Global Investors	13.88M	$6.94B	1.56%	+3.09M	2026-03-31