Switch to:
Also traded in: Brazil, Germany, Mexico, Switzerland, UK

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 9/10

vs
industry
vs
history
Cash to Debt 1.86
MA's Cash to Debt is ranked lower than
61% of the 313 Companies
in the Global Credit Services industry.

( Industry Median: 9999.00 vs. MA: 1.86 )
Ranked among companies with meaningful Cash to Debt only.
MA' s Cash to Debt Range Over the Past 10 Years
Min: 0.15  Med: 123.64 Max: No Debt
Current: 1.86
Equity to Asset 0.34
MA's Equity to Asset is ranked lower than
62% of the 310 Companies
in the Global Credit Services industry.

( Industry Median: 0.47 vs. MA: 0.34 )
Ranked among companies with meaningful Equity to Asset only.
MA' s Equity to Asset Range Over the Past 10 Years
Min: 0.24  Med: 0.47 Max: 0.62
Current: 0.34
0.24
0.62
Interest Coverage 79.30
MA's Interest Coverage is ranked higher than
72% of the 257 Companies
in the Global Credit Services industry.

( Industry Median: 3.59 vs. MA: 79.30 )
Ranked among companies with meaningful Interest Coverage only.
MA' s Interest Coverage Range Over the Past 10 Years
Min: 3.75  Med: 52.92 Max: 321.64
Current: 79.3
3.75
321.64
F-Score: 6
Z-Score: 9.62
M-Score: -2.52
WACC vs ROIC
11.90%
151.93%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 51.35
MA's Operating margin (%) is ranked higher than
81% of the 327 Companies
in the Global Credit Services industry.

( Industry Median: 20.52 vs. MA: 51.35 )
Ranked among companies with meaningful Operating margin (%) only.
MA' s Operating margin (%) Range Over the Past 10 Years
Min: -10.71  Med: 42.37 Max: 53.95
Current: 51.35
-10.71
53.95
Net-margin (%) 37.91
MA's Net-margin (%) is ranked higher than
80% of the 327 Companies
in the Global Credit Services industry.

( Industry Median: 15.34 vs. MA: 37.91 )
Ranked among companies with meaningful Net-margin (%) only.
MA' s Net-margin (%) Range Over the Past 10 Years
Min: -5.09  Med: 28.54 Max: 38.18
Current: 37.91
-5.09
38.18
ROE (%) 61.47
MA's ROE (%) is ranked higher than
98% of the 316 Companies
in the Global Credit Services industry.

( Industry Median: 6.61 vs. MA: 61.47 )
Ranked among companies with meaningful ROE (%) only.
MA' s ROE (%) Range Over the Past 10 Years
Min: -10.25  Med: 41.34 Max: 53.86
Current: 61.47
-10.25
53.86
ROA (%) 24.42
MA's ROA (%) is ranked higher than
98% of the 333 Companies
in the Global Credit Services industry.

( Industry Median: 2.29 vs. MA: 24.42 )
Ranked among companies with meaningful ROA (%) only.
MA' s ROA (%) Range Over the Past 10 Years
Min: -3.99  Med: 20.25 Max: 24.46
Current: 24.42
-3.99
24.46
ROC (Joel Greenblatt) (%) 779.59
MA's ROC (Joel Greenblatt) (%) is ranked higher than
95% of the 257 Companies
in the Global Credit Services industry.

( Industry Median: 11.82 vs. MA: 779.59 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
MA' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: -93.67  Med: 628.38 Max: 904.61
Current: 779.59
-93.67
904.61
Revenue Growth (3Y)(%) 15.60
MA's Revenue Growth (3Y)(%) is ranked higher than
74% of the 237 Companies
in the Global Credit Services industry.

( Industry Median: 2.30 vs. MA: 15.60 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
MA' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: 3.2  Med: 11.00 Max: 17.6
Current: 15.6
3.2
17.6
EBITDA Growth (3Y)(%) 26.20
MA's EBITDA Growth (3Y)(%) is ranked higher than
75% of the 200 Companies
in the Global Credit Services industry.

( Industry Median: 7.60 vs. MA: 26.20 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
MA' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: 0  Med: 20.40 Max: 126
Current: 26.2
0
126
EPS Growth (3Y)(%) 27.60
MA's EPS Growth (3Y)(%) is ranked higher than
79% of the 196 Companies
in the Global Credit Services industry.

( Industry Median: 4.80 vs. MA: 27.60 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
MA' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: 6.3  Med: 25.50 Max: 211.9
Current: 27.6
6.3
211.9
» MA's 10-Y Financials

Financials (Next Earnings Date: Est. 2016-07-29)


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q2 2015

MA Guru Trades in Q2 2015

Manning & Napier Advisors, Inc 5,469,570 sh (+70.14%)
RS Investment Management 8,200 sh (+20.59%)
Tom Gayner 117,000 sh (+10.38%)
Jim Simons 2,385,300 sh (+9.13%)
Wallace Weitz 315,120 sh (+3.38%)
Pioneer Investments 2,793,058 sh (+2.66%)
Ken Fisher 231,722 sh (+2.27%)
PRIMECAP Management 967,550 sh (+1.55%)
Ruane Cunniff 5,419,792 sh (+0.46%)
Chuck Akre 4,328,795 sh (+0.25%)
Tom Russo 10,032,175 sh (+0.12%)
Robert Olstein 67,000 sh (unchged)
John Griffin 1,675,000 sh (unchged)
Chris Davis 15,300 sh (unchged)
Westport Asset Management 355,000 sh (unchged)
Lee Ainslie 2,900 sh (unchged)
Julian Robertson 35,025 sh (unchged)
Chase Coleman 7,111,093 sh (unchged)
Charles de Vaulx 1,381,079 sh (unchged)
Warren Buffett 5,229,756 sh (unchged)
Joel Greenblatt Sold Out
Louis Moore Bacon Sold Out
Ken Heebner Sold Out
Jeff Auxier 70,410 sh (-0.07%)
Andreas Halvorsen 8,218,696 sh (-0.56%)
Mario Gabelli 201,935 sh (-1.02%)
Ron Baron 138,310 sh (-1.11%)
First Eagle Investment 2,881,650 sh (-1.29%)
Murray Stahl 185,739 sh (-1.46%)
Tweedy Browne 292,550 sh (-2.61%)
Bill Nygren 4,850,000 sh (-3.96%)
Steven Cohen 312,000 sh (-10.14%)
Steve Mandel 9,726,632 sh (-25.03%)
Jeremy Grantham 1,256,581 sh (-51.75%)
» More
Q3 2015

MA Guru Trades in Q3 2015

Louis Moore Bacon 100,000 sh (New)
Ron Baron 183,855 sh (+32.93%)
Jim Simons 2,815,600 sh (+18.04%)
Wallace Weitz 369,530 sh (+17.27%)
Tom Gayner 129,000 sh (+10.26%)
Chuck Akre 4,705,134 sh (+8.69%)
Ken Fisher 235,403 sh (+1.59%)
Pioneer Investments 2,820,394 sh (+0.98%)
Ruane Cunniff 5,443,441 sh (+0.44%)
Chris Davis 15,300 sh (unchged)
Warren Buffett 5,229,756 sh (unchged)
Bill Nygren 4,850,000 sh (unchged)
Julian Robertson 35,025 sh (unchged)
John Griffin 1,675,000 sh (unchged)
Westport Asset Management 355,000 sh (unchged)
Steven Cohen Sold Out
Tom Russo 9,930,607 sh (-1.01%)
First Eagle Investment 2,842,136 sh (-1.37%)
Jeff Auxier 69,410 sh (-1.42%)
Manning & Napier Advisors, Inc 5,324,550 sh (-2.65%)
Robert Olstein 63,000 sh (-5.97%)
Charles de Vaulx 1,284,590 sh (-6.99%)
Tweedy Browne 271,995 sh (-7.03%)
Lee Ainslie 2,670 sh (-7.93%)
Steve Mandel 8,343,895 sh (-14.22%)
RS Investment Management 5,784 sh (-29.46%)
Mario Gabelli 141,925 sh (-29.72%)
Andreas Halvorsen 5,427,711 sh (-33.96%)
PRIMECAP Management 606,300 sh (-37.34%)
Murray Stahl 101,880 sh (-45.15%)
Jeremy Grantham 669,965 sh (-46.68%)
Chase Coleman 2,466,401 sh (-65.32%)
» More
Q4 2015

MA Guru Trades in Q4 2015

Paul Tudor Jones 35,521 sh (New)
John Hussman 25,000 sh (New)
Louis Moore Bacon 171,494 sh (+71.49%)
Tom Gayner 142,500 sh (+10.47%)
Jim Simons 3,021,400 sh (+7.31%)
Wallace Weitz 395,874 sh (+7.13%)
Pioneer Investments 3,002,675 sh (+6.46%)
Ken Fisher 246,502 sh (+4.71%)
RS Investment Management 5,930 sh (+2.52%)
Ron Baron 185,631 sh (+0.97%)
Chuck Akre 4,709,033 sh (+0.08%)
PRIMECAP Management 606,300 sh (unchged)
John Griffin 1,675,000 sh (unchged)
Lee Ainslie 2,670 sh (unchged)
Julian Robertson 35,025 sh (unchged)
Warren Buffett 5,229,756 sh (unchged)
Charles de Vaulx 1,284,590 sh (unchged)
Spiros Segalas 9,480,335 sh (unchged)
Tweedy Browne 271,673 sh (-0.12%)
Jeff Auxier 69,310 sh (-0.14%)
Murray Stahl 100,315 sh (-1.54%)
Mario Gabelli 139,005 sh (-2.06%)
Ruane Cunniff 5,319,142 sh (-2.28%)
Tom Russo 9,701,294 sh (-2.31%)
Chase Coleman 2,366,401 sh (-4.05%)
Chris Davis 14,390 sh (-5.95%)
Bill Nygren 4,450,000 sh (-8.25%)
Manning & Napier Advisors, Inc 4,828,929 sh (-9.31%)
Westport Asset Management 307,500 sh (-13.38%)
Jeremy Grantham 568,284 sh (-15.18%)
Robert Olstein 53,000 sh (-15.87%)
Steve Mandel 6,150,587 sh (-26.29%)
First Eagle Investment 2,031,846 sh (-28.51%)
Andreas Halvorsen 162,264 sh (-97.01%)
» More
Q1 2016

MA Guru Trades in Q1 2016

Steven Cohen 435,600 sh (New)
Andreas Halvorsen 1,952,623 sh (+1103.36%)
Lee Ainslie 5,590 sh (+109.36%)
Wallace Weitz 667,634 sh (+68.65%)
Jim Simons 3,497,900 sh (+15.77%)
Pioneer Investments 3,471,032 sh (+15.60%)
Robert Olstein 56,000 sh (+5.66%)
Ken Fisher 250,623 sh (+1.67%)
Tom Gayner 143,600 sh (+0.77%)
Tom Russo 9,725,470 sh (+0.25%)
Jeff Auxier 69,410 sh (+0.14%)
Chuck Akre 4,713,511 sh (+0.10%)
Julian Robertson 35,025 sh (unchged)
Paul Tudor Jones 9,600 sh (unchged)
PRIMECAP Management 606,300 sh (unchged)
Paul Tudor Jones 3,900 sh (unchged)
Westport Asset Management 307,500 sh (unchged)
Louis Moore Bacon Sold Out
Chris Davis Sold Out
John Hussman Sold Out
John Griffin 1,670,400 sh (-0.27%)
Tweedy Browne 269,240 sh (-0.90%)
Mario Gabelli 137,725 sh (-0.92%)
Ruane Cunniff 5,182,954 sh (-2.56%)
Manning & Napier Advisors, Inc 4,693,423 sh (-2.81%)
Bill Nygren 4,250,000 sh (-4.49%)
Jeremy Grantham 539,949 sh (-4.99%)
Warren Buffett 4,934,756 sh (-5.64%)
Charles de Vaulx 1,199,779 sh (-6.60%)
Murray Stahl 90,656 sh (-9.63%)
First Eagle Investment 1,693,961 sh (-16.63%)
Steve Mandel 5,076,587 sh (-17.46%)
Chase Coleman 1,918,771 sh (-18.92%)
Ron Baron 132,486 sh (-28.63%)
RS Investment Management 3,231 sh (-45.51%)
Paul Tudor Jones 13,777 sh (-61.21%)
Spiros Segalas 8,759,490 sh (-7.60%)
» More
» Details

Insider Trades

Latest Guru Trades with MA

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Credit Services » Credit Services
Compare:NYSE:V, NYSE:AXP, NAS:PYPL, NYSE:COF, NYSE:SYF » details
Traded in other countries:MSCD34.Brazil, M4I.Germany, MA.Mexico, MA.Switzerland, 0R2Z.UK,
MasterCard Inc is a technology company in the payments industry that connects consumers, financial institutions, merchants, governments and businesses, enabling them to use electronic forms of payment instead of cash and checks.

MasterCard Inc was incorporated as a Delaware corporation in May 2001. The Company is a technology company in the payments industry that connects consumers, financial institutions, merchants, governments and businesses, enabling them to use electronic forms of payment instead of cash and checks. It facilitates the processing of payment transactions, including authorization, clearing and settlement, and deliver related products and services. It makes payments easier and more efficient by creating payment solutions and services using its family of brands, including MasterCard, Maestro and Cirrus. The Company also provides value-added offerings such as loyalty and reward programs, information services and consulting. Its network is designed to ensure safety and security for the payments system. The Company operates the MasterCard Network and proprietary payments network that links issuers and acquirers around the globe to facilitate the processing of transactions, permitting MasterCard cardholders to use their cards and other payment devices at millions of merchants. Its network facilitates an efficient and secure means for merchants to receive payments, and a convenient, quick and secure payment method for consumers and businesses that is accepted. It processes transactions through its network for its issuer customers in more than 150 currencies in more than 210 countries and territories.

Guru Investment Theses on MasterCard Inc

Wallace Weitz Comments on MasterCard - Apr 22, 2016

MasterCard (NYSE:MA) is the world’s second-largest payment network and one of the best known global brands. MasterCard is among the most attractive businesses we own. Its network is well entrenched within the plumbing of payment systems across the global. The transition from cash to digital forms of payment provides growth opportunities over and above underlying economic expansion, and its core business produces healthy doses of excess cash flow with modest reinvestment requirements.

From Wallace Weitz (Trades, Portfolio)'s Weitz Partners Value Fund 1st quarter 2016 commentary.

Check out Wallace Weitz latest stock trades

Wallace Weitz Comments on MasterCard - Apr 14, 2016

MasterCard (NYSE:MA) ($95 per share) is basically a royalty on global consumer spending. Regardless of near-term economic growth rates, MasterCard is likely to be able to produce 10-15% annual earnings per share growth over the next several years. Its stock price is also near our appraised value, but if earnings grow at 10-15% per year, they will double in 5-7 years. Even if the P/E paid by investors shrinks a bit, our total return should be very attractive.

From Wallace Weitz (Trades, Portfolio)'s First Quarter Value Matters.

Check out Wallace Weitz latest stock trades

GAMCO Global Growth Fund Comments on MasterCard Inc. - Feb 22, 2016

MasterCard Inc. (NYSE:MA) (1.9%) (MA – $97.36 – NYSE) is a technology company in the global payments industry that operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone.



From the GAMCO Global Growth Fund fourth quarter 2015 commentary.



Check out Mario Gabelli latest stock trades

Weitz Funds Comments on MasterCard - Nov 16, 2015

MasterCard (NYSE:MA) is the world’s second largest payment network and one of the best known global brands, needing little introduction. The Fund began building a position below $85 during the broader market swoon in August at a nice discount to our base case estimate of intrinsic value. MasterCard is among the most attractive businesses we own. Its network is well entrenched within the plumbing of payment systems across the globe, the transition from cash to digital forms of payment provides growth opportunities over and above underlying economic expansion, and its core business produces healthy doses of excess cash flow with modest reinvestment requirements. We would welcome additional opportunities to add to the Fund’s position.





From Weitz Funds' Balanced Fund third quarter 2015 commentary.



Check out Wallace Weitz latest stock trades

Baron Funds Comments on MasterCard Inc. - Nov 10, 2015

MasterCard, Inc. (NYSE:MA) is the world’s second-largest payments technology company that connects consumers, businesses, banks and governments, enabling them to use electronic forms of payment instead of cash and checks. There are over two billion MasterCard- and Maestro-branded cards outstanding with acceptance at 36 million locations in more than 210 countries and territories. Broad merchant acceptance and consumer adoption of MasterCard-branded cards create strong network effects. 85% of all payment transactions are made with cash or checks today, while only 15% are made with electronic forms of payment, providing substantial room for further growth. We added to our position in MasterCard in the quarter.



From Baron Opportunity Fund's third quarter 2015 letter.



Check out Ron Baron latest stock trades

GAMCO Investors Comments on Mastercard Inc. - Oct 19, 2015

Mastercard Inc. (NYSE:MA)(3.2%) (MA – $90.12 – NYSE) is a technology company in the global payments industry that operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone.





From GAMCO's Growth Fund third quarter 2015 commentary.



Check out Mario Gabelli latest stock trades

Sequoia Fund Comments on MasterCard - Aug 27, 2015

Question:



A couple of questions on MasterCard (NYSE:MA). Visa (NYSE:V) benefits from a lot of the same secular trends that MasterCard does; so I am curious why you guys own MasterCard and not Visa. Secondly, if you could comment on some of the recent acquisitions that MasterCard has made, and the strategic and financial rationale, if you agree with those.



John Harris:



Let’s see, why do we own MasterCard instead of Visa? There is not really a good answer. We should have owned both. We should have owned more of both. We should have owned a lot more of both. It is a tremendous mistake for which I bear significant responsibility. So that is the answer to that.



The acquisitions — I have to be honest with you, and this is self-deprecating and not intentionally so — I have had a tough time understanding many of the acquisitions that these two companies have done over the years. Not just MasterCard, Visa also. Visa plunked down a sizeable amount of money to buy a business called CyberSource, which worked for a couple years and now is not working so well. There is an understanding at the card networks that things will eventually change. It has been remarkable and surprising to me how slow the pace of change has actually been and how as threats have emerged, they have quickly gone by the wayside. It just turns out that the network business model is incredibly resilient. But there is some concern — subconscious, whatever you want to call it — that eventually things may change and that the change is going to be driven by technology. So there is a desire on both of their parts, especially when new CEOs took over at both companies I noticed a marked increase in this desire, to try to ramp up the pace of innovation hopefully to head off some of the technological threats that they see on the horizon. The fact of the matter is that Visa and MasterCard have not traditionally been terribly innovative organizations. They were cooperatives for most of their lives and overseen by bankers. That is all you need to know on that subject.



They are doing their best. To be totally honest, they feel like part of being innovative and doing a good job is buying small innovative businesses. Whether any of them have really added anything, there certainly is no perceptible evidence. It is possible that at some point in the future we will find out that MasterCard is able to adapt to technological change because of some small acquisition it did in the past — it is entirely possible, but I do not see any evidence of it. In the past, for the most part the deals the company has done have been so small that they have had a nonmaterial impact on the financial progress of the business. This year that has changed a little bit. MasterCard did a couple of deals that were pretty meaningfully dilutive to its earnings so that the company is going to have the slowest rate of earnings growth it has had this year since we have owned the stock and since it has been a public company — we have owned it for its entire life as a public company. A lot of that is foreign exchange, which is a real headwind this year. Part of it is those acquisitions, which are detracting in a meaningful way from the earnings.



Bob Goldfarb:



As to why we bought MasterCard rather than Visa, we bought MasterCard in the first few days that it went public. We should have kept going, as John said. Visa went public later and it was priced off MasterCard, which was selling at a significantly higher price at that time than when it went public.



From Ruane, Cunniff & Goldfarb Investor Day 2015 Transcript Part I.



Check out Ruane Cunniff latest stock trades

Westport Fund Comments on MasterCard Inc - Jul 28, 2014

The largest detractor among the Fund’s holdings was MasterCard, Inc., Class A shares (MA), at minus 45 basis points from a 12% decline in its share price. After an excellent performance in 2013 where earnings growth outpaced expectations and the stock price responded accordingly, 2014 has seen continued earnings growth but a reduction in the price/earnings multiple iii attached to those earnings. The imposition of financial sanctions against Russia for its annexation of Crimea raised questions about MasterCard Inc.’s long term presence in Russia and its earnings growth. However, the outlook is positive as transactions in many countries will continue to move from paper based systems for commerce to electronic transactions.

From Westport Asset Management (Trades, Portfolio)’s Westport Fund Second Quarter 2014 Commentary.

Check out Westport Asset Management latest stock trades

Chuck Akre Comments on MasterCard Corporation - Jul 23, 2014

MasterCard Corporation (“MasterCard”) (NYSE: MA)

Market cap: $85.8 billion (as of 6/30/14)

Company overview:

MasterCard (MA) is a payment technology and network company, operating the world’s second largest payment network connecting banks, consumers, and merchants in over 210 countries. MasterCard was collectively owned by its member banks until it became a public, stand-alone company in 2006, from which point through 2012 it grew revenue 14% compounded annually and free cash flow per share over 34% compounded annually as operating margins expanded from 20% to over 53%.

Akre Focus Fund Investment:

Our investment in MasterCard began in February 2010 under the cloud of uncertainty presented by the Durbin Amendment (part of Dodd-Frank) and its potential impact on MasterCard’s debit business. Through appreciation and subsequent opportunistic purchases, as of June 2014 MasterCard represented 7.6% of the portfolio.

Investment thesis:

Approximately 85% of the world’s purchase transactions today are done using cash and checks. This presents an enormous market opportunity for MasterCard - perhaps the largest imaginable if one thinks of Gross Domestic Product as the summation of all the purchase transactions in an economy. In MasterCard, we believe we own a business with increasing odds of being involved and potentially profiting from the growth and secular movement of those purchase transactions to electronic means of payment, earning a small piece on the trillions of dollars transacted over its network. This ongoing shift continued to be aided by the growth of ecommerce, new acceptance locations/categories (taxis, toll roads), the increasing inclusion via prepaid cards of 2.5 billion unbanked consumers worldwide, mobile commerce (given the lack of wireline infrastructure in many countries), and governments moving payment disbursement programs (e.g. Social Security, Veterans benefits) from paper checks to electronic payments. Furthermore, MasterCard has no debt, a nearly 40% free cash flow margin, pricing power, and the company is able to repurchase billions of dollars annually of its stock while reinvesting in what it calls “the war on cash.”

The examples of specific discrete investments are included merely to illustrate Akre Capital Management’s investment process and strategy, and a portfolio will typically contain a much larger number of positions than the examples set forth herein. Accordingly, the examples are not intended to indicate overall portfolio performance that may be expected to be achieved.

From Chuck Akre (Trades, Portfolio)’s 2014 Q2 Fund Pitchbook .

Check out Chuck Akre latest stock trades

Top Ranked Articles about MasterCard Inc

Wallace Weitz Comments on MasterCard Guru stock highlight
MasterCard (NYSE:MA) is the world’s second-largest payment network and one of the best known global brands. MasterCard is among the most attractive businesses we own. Its network is well entrenched within the plumbing of payment systems across the global. The transition from cash to digital forms of payment provides growth opportunities over and above underlying economic expansion, and its core business produces healthy doses of excess cash flow with modest reinvestment requirements. Read more...
Wallace Weitz Comments on MasterCard Guru stock highlight
MasterCard (NYSE:MA) ($95 per share) is basically a royalty on global consumer spending. Regardless of near-term economic growth rates, MasterCard is likely to be able to produce 10-15% annual earnings per share growth over the next several years. Its stock price is also near our appraised value, but if earnings grow at 10-15% per year, they will double in 5-7 years. Even if the P/E paid by investors shrinks a bit, our total return should be very attractive. Read more...
Andreas Halvorsen Trims Walgreens, MasterCard Stakes Viking Global CIO also sells Alphabet and Sealed Air
Andreas Halvorsen (Trades, Portfolio) is a founding partner of Viking Global Investors LP and currently serves as its CIO. During the fourth quarter, he sold the following stocks. Read more...
GAMCO Global Growth Fund Comments on MasterCard Inc. Guru stock highlight
MasterCard Inc. (NYSE:MA) (1.9%) (MA – $97.36 – NYSE) is a technology company in the global payments industry that operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Read more...
Tiger Global Reduces Stakes in MasterCard, Alibaba Firm led by Chase Coleman trims several holdings
Chase Coleman (Trades, Portfolio) is the founder of Tiger Global Management, an employee owned investment manager. He likes to invest in small caps and technology stocks. Read more...
Weitz Funds Comments on MasterCard Guru stock highlight
MasterCard (NYSE:MA) is the world’s second largest payment network and one of the best known global brands, needing little introduction. The Fund began building a position below $85 during the broader market swoon in August at a nice discount to our base case estimate of intrinsic value. MasterCard is among the most attractive businesses we own. Its network is well entrenched within the plumbing of payment systems across the globe, the transition from cash to digital forms of payment provides growth opportunities over and above underlying economic expansion, and its core business produces healthy doses of excess cash flow with modest reinvestment requirements. We would welcome additional opportunities to add to the Fund’s position. Read more...
Investor Chuck Akre Boosts Highest-Conviction Holdings Akre concentrates his portfolio in best stocks
Chuck Akre (Trades, Portfolio) oversees $4.9 billion in both private and public mutual fund investments at the Virginia-based asset management firm Akre Capital Management. His team concentrates their portfolio in a small number of positions that they believe have “extraordinary businesses,” honest management and wisely reinvested free cash flow – a trio it dubs “the three-legged stool.” Read more...
Baron Funds Comments on MasterCard Inc. Guru stock highlight
MasterCard, Inc. (NYSE:MA) is the world’s second-largest payments technology company that connects consumers, businesses, banks and governments, enabling them to use electronic forms of payment instead of cash and checks. There are over two billion MasterCard- and Maestro-branded cards outstanding with acceptance at 36 million locations in more than 210 countries and territories. Broad merchant acceptance and consumer adoption of MasterCard-branded cards create strong network effects. 85% of all payment transactions are made with cash or checks today, while only 15% are made with electronic forms of payment, providing substantial room for further growth. We added to our position in MasterCard in the quarter. Read more...
GAMCO Investors Comments on Mastercard Inc. Guru stock highlight
Mastercard Inc. (NYSE:MA)(3.2%) (MA – $90.12 – NYSE) is a technology company in the global payments industry that operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Read more...
Weekly 52-Week Highs Highlight: Hormel Foods, MasterCard, Public Storage, NVIDIA A glance at companies whose stocks have reached their yearly highs.
According to GuruFocus list of 52-week highs, Hormel Foods Corp. (NYSE:HRL), MasterCard Inc. (NYSE:MA), Public Storage (NYSE:PSA) and NVIDIA Corp. (NASDAQ:NVDA) have all reached their 52-week highs. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 28.83
MA's P/E(ttm) is ranked lower than
70% of the 253 Companies
in the Global Credit Services industry.

( Industry Median: 14.29 vs. MA: 28.83 )
Ranked among companies with meaningful P/E(ttm) only.
MA' s P/E(ttm) Range Over the Past 10 Years
Min: 15.06  Med: 26.56 Max: 310.29
Current: 28.83
15.06
310.29
Forward P/E 23.36
MA's Forward P/E is ranked lower than
88% of the 43 Companies
in the Global Credit Services industry.

( Industry Median: 10.37 vs. MA: 23.36 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 28.83
MA's PE(NRI) is ranked lower than
71% of the 253 Companies
in the Global Credit Services industry.

( Industry Median: 14.00 vs. MA: 28.83 )
Ranked among companies with meaningful PE(NRI) only.
MA' s PE(NRI) Range Over the Past 10 Years
Min: 14.89  Med: 26.55 Max: 370
Current: 28.83
14.89
370
Price/Owner Earnings (ttm) 34.14
MA's Price/Owner Earnings (ttm) is ranked lower than
79% of the 66 Companies
in the Global Credit Services industry.

( Industry Median: 11.54 vs. MA: 34.14 )
Ranked among companies with meaningful Price/Owner Earnings (ttm) only.
MA' s Price/Owner Earnings (ttm) Range Over the Past 10 Years
Min: 13.68  Med: 29.16 Max: 1172.22
Current: 34.14
13.68
1172.22
P/B 19.25
MA's P/B is ranked lower than
96% of the 308 Companies
in the Global Credit Services industry.

( Industry Median: 1.07 vs. MA: 19.25 )
Ranked among companies with meaningful P/B only.
MA' s P/B Range Over the Past 10 Years
Min: 2.81  Med: 8.25 Max: 19.6
Current: 19.25
2.81
19.6
P/S 10.97
MA's P/S is ranked lower than
78% of the 309 Companies
in the Global Credit Services industry.

( Industry Median: 3.20 vs. MA: 10.97 )
Ranked among companies with meaningful P/S only.
MA' s P/S Range Over the Past 10 Years
Min: 1.67  Med: 7.01 Max: 12.22
Current: 10.97
1.67
12.22
PFCF 28.63
MA's PFCF is ranked lower than
85% of the 74 Companies
in the Global Credit Services industry.

( Industry Median: 7.79 vs. MA: 28.63 )
Ranked among companies with meaningful PFCF only.
MA' s PFCF Range Over the Past 10 Years
Min: 16.66  Med: 26.43 Max: 87.37
Current: 28.63
16.66
87.37
POCF 26.11
MA's POCF is ranked lower than
81% of the 95 Companies
in the Global Credit Services industry.

( Industry Median: 7.14 vs. MA: 26.11 )
Ranked among companies with meaningful POCF only.
MA' s POCF Range Over the Past 10 Years
Min: 15.61  Med: 23.96 Max: 53.48
Current: 26.11
15.61
53.48
EV-to-EBIT 20.38
MA's EV-to-EBIT is ranked lower than
58% of the 253 Companies
in the Global Credit Services industry.

( Industry Median: 15.17 vs. MA: 20.38 )
Ranked among companies with meaningful EV-to-EBIT only.
MA' s EV-to-EBIT Range Over the Past 10 Years
Min: -139.5  Med: 15.90 Max: 75.7
Current: 20.38
-139.5
75.7
EV-to-EBITDA 18.98
MA's EV-to-EBITDA is ranked lower than
58% of the 258 Companies
in the Global Credit Services industry.

( Industry Median: 14.44 vs. MA: 18.98 )
Ranked among companies with meaningful EV-to-EBITDA only.
MA' s EV-to-EBITDA Range Over the Past 10 Years
Min: -154.9  Med: 15.10 Max: 638.7
Current: 18.98
-154.9
638.7
PEG 1.44
MA's PEG is ranked lower than
69% of the 83 Companies
in the Global Credit Services industry.

( Industry Median: 0.68 vs. MA: 1.44 )
Ranked among companies with meaningful PEG only.
MA' s PEG Range Over the Past 10 Years
Min: 0.62  Med: 1.38 Max: 1.61
Current: 1.44
0.62
1.61
Shiller P/E 55.47
MA's Shiller P/E is ranked lower than
97% of the 38 Companies
in the Global Credit Services industry.

( Industry Median: 12.70 vs. MA: 55.47 )
Ranked among companies with meaningful Shiller P/E only.
MA' s Shiller P/E Range Over the Past 10 Years
Min: 50.77  Med: 64.41 Max: 79.5
Current: 55.47
50.77
79.5
Current Ratio 1.65
MA's Current Ratio is ranked lower than
60% of the 144 Companies
in the Global Credit Services industry.

( Industry Median: 2.28 vs. MA: 1.65 )
Ranked among companies with meaningful Current Ratio only.
MA' s Current Ratio Range Over the Past 10 Years
Min: 1.33  Med: 1.83 Max: 2.24
Current: 1.65
1.33
2.24
Quick Ratio 1.65
MA's Quick Ratio is ranked lower than
59% of the 144 Companies
in the Global Credit Services industry.

( Industry Median: 2.18 vs. MA: 1.65 )
Ranked among companies with meaningful Quick Ratio only.
MA' s Quick Ratio Range Over the Past 10 Years
Min: 1.33  Med: 1.83 Max: 2.24
Current: 1.65
1.33
2.24
Days Sales Outstanding 43.80
MA's Days Sales Outstanding is ranked lower than
62% of the 156 Companies
in the Global Credit Services industry.

( Industry Median: 17.11 vs. MA: 43.80 )
Ranked among companies with meaningful Days Sales Outstanding only.
MA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.25  Med: 46.74 Max: 84.29
Current: 43.8
42.25
84.29

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.72
MA's Dividend Yield is ranked lower than
84% of the 243 Companies
in the Global Credit Services industry.

( Industry Median: 2.90 vs. MA: 0.72 )
Ranked among companies with meaningful Dividend Yield only.
MA' s Dividend Yield Range Over the Past 10 Years
Min: 0.09  Med: 0.30 Max: 0.81
Current: 0.72
0.09
0.81
Dividend Payout 0.21
MA's Dividend Payout is ranked higher than
87% of the 143 Companies
in the Global Credit Services industry.

( Industry Median: 0.30 vs. MA: 0.21 )
Ranked among companies with meaningful Dividend Payout only.
MA' s Dividend Payout Range Over the Past 10 Years
Min: 0.03  Med: 0.08 Max: 1.5
Current: 0.21
0.03
1.5
Dividend Growth (3y) 101.40
MA's Dividend Growth (3y) is ranked higher than
99% of the 85 Companies
in the Global Credit Services industry.

( Industry Median: 9.30 vs. MA: 101.40 )
Ranked among companies with meaningful Dividend Growth (3y) only.
MA' s Dividend Growth (3y) Range Over the Past 10 Years
Min: 0  Med: 0.00 Max: 101.4
Current: 101.4
0
101.4
Forward Dividend Yield 0.78
MA's Forward Dividend Yield is ranked lower than
87% of the 231 Companies
in the Global Credit Services industry.

( Industry Median: 3.19 vs. MA: 0.78 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 7.00
MA's Yield on cost (5-Year) is ranked higher than
73% of the 288 Companies
in the Global Credit Services industry.

( Industry Median: 3.66 vs. MA: 7.00 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
MA' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0.88  Med: 2.92 Max: 7.88
Current: 7
0.88
7.88
3-Year Average Share Buyback Ratio 1.90
MA's 3-Year Average Share Buyback Ratio is ranked higher than
83% of the 126 Companies
in the Global Credit Services industry.

( Industry Median: -2.70 vs. MA: 1.90 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
MA' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -11.8  Med: -5.10 Max: 6.1
Current: 1.9
-11.8
6.1

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 607.38
MA's Price/Net Current Asset Value is ranked lower than
100% of the 83 Companies
in the Global Credit Services industry.

( Industry Median: 2.46 vs. MA: 607.38 )
Ranked among companies with meaningful Price/Net Current Asset Value only.
MA' s Price/Net Current Asset Value Range Over the Past 10 Years
Min: 9.49  Med: 17.26 Max: 590.63
Current: 607.38
9.49
590.63
Price/Tangible Book 38.18
MA's Price/Tangible Book is ranked lower than
99% of the 304 Companies
in the Global Credit Services industry.

( Industry Median: 1.14 vs. MA: 38.18 )
Ranked among companies with meaningful Price/Tangible Book only.
MA' s Price/Tangible Book Range Over the Past 10 Years
Min: 3.96  Med: 11.30 Max: 37.13
Current: 38.18
3.96
37.13
Price/Projected FCF 2.18
MA's Price/Projected FCF is ranked lower than
76% of the 74 Companies
in the Global Credit Services industry.

( Industry Median: 0.89 vs. MA: 2.18 )
Ranked among companies with meaningful Price/Projected FCF only.
MA' s Price/Projected FCF Range Over the Past 10 Years
Min: 2.12  Med: 2.63 Max: 7.21
Current: 2.18
2.12
7.21
Price/Median PS Value 1.58
MA's Price/Median PS Value is ranked lower than
83% of the 288 Companies
in the Global Credit Services industry.

( Industry Median: 0.95 vs. MA: 1.58 )
Ranked among companies with meaningful Price/Median PS Value only.
MA' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.26  Med: 1.01 Max: 1.75
Current: 1.58
0.26
1.75
Price/Peter Lynch Fair Value 1.60
MA's Price/Peter Lynch Fair Value is ranked lower than
76% of the 42 Companies
in the Global Credit Services industry.

( Industry Median: 0.91 vs. MA: 1.60 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
MA' s Price/Peter Lynch Fair Value Range Over the Past 10 Years
Min: 0.1  Med: 0.20 Max: 1.56
Current: 1.6
0.1
1.56
Price/Graham Number 7.04
MA's Price/Graham Number is ranked lower than
95% of the 155 Companies
in the Global Credit Services industry.

( Industry Median: 0.91 vs. MA: 7.04 )
Ranked among companies with meaningful Price/Graham Number only.
MA' s Price/Graham Number Range Over the Past 10 Years
Min: 2.19  Med: 3.67 Max: 11.16
Current: 7.04
2.19
11.16
Earnings Yield (Greenblatt) (%) 4.88
MA's Earnings Yield (Greenblatt) (%) is ranked higher than
53% of the 317 Companies
in the Global Credit Services industry.

( Industry Median: 4.40 vs. MA: 4.88 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
MA' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 1.3  Med: 6.10 Max: 12.1
Current: 4.88
1.3
12.1
Forward Rate of Return (Yacktman) (%) 20.96
MA's Forward Rate of Return (Yacktman) (%) is ranked higher than
73% of the 85 Companies
in the Global Credit Services industry.

( Industry Median: 4.58 vs. MA: 20.96 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
MA' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: 1  Med: 2.50 Max: 76.8
Current: 20.96
1
76.8

More Statistics

Revenue (TTM) (Mil) $9,883
EPS (TTM) $ 3.32
Beta1.35
Short Percentage of Float0.60%
52-Week Range $74.61 - 101.76
Shares Outstanding (Mil)1,099.05

Analyst Estimate

Dec16 Dec17 Dec18
Revenue (Mil $) 11,296 11,752 13,234
EPS ($) 3.67 4.16 4.89
EPS without NRI ($) 3.67 4.16 4.89
EPS Growth Rate
(3Y to 5Y Estimate)
13.57%
» More Articles for MA

Headlines

Articles On GuruFocus.com
How Does LinkedIn Students App Fit Into Company’s Business Model? Apr 29 2016 
Wallace Weitz Comments on MasterCard Apr 22 2016 
Jim Grant: The United States of Insolvency Apr 18 2016 
Wallace Weitz Comments on MasterCard Apr 14 2016 
Wally Weitz's First Quarter Value Matters Apr 14 2016 
Helmerich & Payne, MasterCard Have Growing Dividend Yields Apr 13 2016 
Midcap Dividend Growth Stocks by Sector: Part 2A Regional Banks Apr 13 2016 
Ruane Cunniff Sells Shares of Goldman Sachs, IBM Apr 04 2016 
Many Questions to Ask Before Buying AmEx Mar 10 2016 
Andreas Halvorsen Raises Stake in Teva Pharmaceutical Mar 09 2016 

More From Other Websites
What to Expect of Payment Processors’ Earnings in 2016 May 31 2016
MasterCard Launches MLB® All-Star Game® Sweepstakes with Petco May 31 2016
Payment Processors Garner Premium Valuations among Financials May 31 2016
Meet Pepper the Robot, Hot Startups and More on the Latest BizWireTV Accelerator Report May 31 2016
Meet Pepper the Robot, Hot Startups and More on the Latest BizWireTV Accelerator Report May 31 2016
Byblos Bank Launches the Byblos Bank World MasterCard Credit Card - 30 May 2016 May 30 2016
Which Payment Processors Are Generating the Highest Margins? May 30 2016
Why Visa Commands Premium Valuations in the Payment Industry May 30 2016
Retail spending slows in April: MasterCard May 29 2016
Pizza Hut just signaled a terrifying reality for fast-food workers May 27 2016
Which Payment Processor Has the Highest Payouts and Repurchases? May 27 2016
The sky isn’t falling on the economy May 27 2016
MasterCard to Participate in Upcoming Investor Conference May 26 2016
MasterCard to Participate in Upcoming Investor Conference May 26 2016
RBA caps card payment surcharges May 26 2016
Pizza Hut will soon be run by robots May 25 2016
How Payment Processors Are Performing amid Challenges in 2016 May 25 2016
Paying The Minimum On Your Credit Cards Can Double Your Debt May 25 2016

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)