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584.41 (1y: +37%)
Market Cap 70.29 B P/E(ttm) 25.50
Enterprise Value 64.46 B P/B 10.30
MA- NYSE (USA)
MasterCard Incorporated
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$584.41
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GuruFocus Financial Strength Rank measures how strong a companyÂ’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 : 10/10

vs
industry		 vs
history
Cash to Debt No Debt
MA's Cash to Debt is ranked higher than
94% of the 132 Companies
in the Global Credit Services industry.

( Industry Median: 0.13 vs. MA: No Debt )
MA' s 10-Year Cash to Debt Range
Min: 1.97   Max: No Debt
Current: No Debt
Equity to Asset 0.555
MA's Equity to Asset is ranked higher than
81% of the 132 Companies
in the Global Credit Services industry.

( Industry Median: 0.28 vs. MA: 0.555 )
MA' s 10-Year Equity to Asset Range
Min: 0.3   Max: 0.59
Current: 0.56
0.3
0.59
Interest Coverage No Debt
MA's Interest Coverage is ranked higher than
75% of the 132 Companies
in the Global Credit Services industry.

( Industry Median: 10000.00 vs. MA: No Debt )
MA' s 10-Year Interest Coverage Range
Min: 14   Max: No Debt
Current: No Debt
F-Score: 5
Z-Score: 11.42
M-Score: -2.67
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyÂ’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 : 9/10

vs
industry		 vs
history
Operating margin (%) 53.30
MA's Operating margin (%) is ranked higher than
88% of the 132 Companies
in the Global Credit Services industry.

( Industry Median: 20.40 vs. MA: 53.30 )
MA' s 10-Year Operating margin (%) Range
Min: -10.7   Max: 53.3
Current: 53.3
-10.7
53.3
Net-margin (%) 37.3
MA's Net-margin (%) is ranked higher than
89% of the 132 Companies
in the Global Credit Services industry.

( Industry Median: 15.10 vs. MA: 37.3 )
MA' s 10-Year Net-margin (%) Range
Min: -17.3   Max: 37.3
Current: 37.3
-17.3
37.3
ROE (%) 39.9
MA's ROE (%) is ranked higher than
97% of the 132 Companies
in the Global Credit Services industry.

( Industry Median: 7.30 vs. MA: 39.9 )
MA' s 10-Year ROE (%) Range
Min: -13.2   Max: 41.7
Current: 39.9
-13.2
41.7
ROA (%) 22.1
MA's ROA (%) is ranked higher than
98% of the 132 Companies
in the Global Credit Services industry.

( Industry Median: 2.10 vs. MA: 22.1 )
MA' s 10-Year ROA (%) Range
Min: -3.9   Max: 22.1
Current: 22.1
-3.9
22.1
Revenue Growth (%) 10.6
MA's Revenue Growth (%) is ranked higher than
90% of the 132 Companies
in the Global Credit Services industry.

( Industry Median: 0.00 vs. MA: 10.6 )
MA' s 10-Year Revenue Growth (%) Range
Min: 2.4   Max: 12.4
Current: 10.6
2.4
12.4
EBITDA Growth (%) 15.7
MA's EBITDA Growth (%) is ranked higher than
89% of the 132 Companies
in the Global Credit Services industry.

( Industry Median: 0.00 vs. MA: 15.7 )
MA' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 79.5
Current: 15.7
0
79.5
EPS Growth (%) 18.4
MA's EPS Growth (%) is ranked higher than
86% of the 132 Companies
in the Global Credit Services industry.

( Industry Median: 0.00 vs. MA: 18.4 )
MA' s 10-Year EPS Growth (%) Range
Min: 4.7   Max: 134.4
Current: 18.4
4.7
134.4
» MA's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

MA Guru Trades in Q2 2012

Joel Greenblatt 1,237 sh (New)
Ken Fisher 84,522 sh (New)
Richard Pzena 66 sh (New)
Robert Olstein 7,200 sh (New)
Ken Heebner 40,000 sh (New)
PRIMECAP Management 89,125 sh (+123.09%)
Pioneer Investments 263,626 sh (+27.14%)
Chuck Akre 337,940 sh (+22.6%)
Jeremy Grantham 800,676 sh (+15.6%)
Chase Coleman 835,000 sh (+12.69%)
Chris Davis 915 sh (+10.91%)
Andreas Halvorsen 1,501,062 sh (+8.09%)
Steven Cohen 99,027 sh (+2.64%)
Tom Russo 830,492 sh (+2.35%)
Jean-Marie Eveillard 273,592 sh (+0.47%)
Bill Nygren 299,000 sh (unchged)
Tom Gayner 3,000 sh (unchged)
Westport Asset Management 25,000 sh (unchged)
Wintergreen Fund 141,201 sh (unchged)
David Winters 159,598 sh (unchged)
Chuck Royce 800 sh (unchged)
Jeff Auxier 8,601 sh (unchged)
Warren Buffett 405,000 sh (unchged)
Louis Moore Bacon Sold Out
Ruane Cunniff 559,432 sh (-0.24%)
Mario Gabelli 23,835 sh (-1.71%)
Ron Baron 4,788 sh (-2.39%)
Tweedy Browne 114,255 sh (-3.63%)
Julian Robertson 50,694 sh (-4.34%)
Manning & Napier Advisors, Inc 613,633 sh (-10.4%)
Jim Simons 459,400 sh (-24.45%)
Murray Stahl 222,755 sh (-28.44%)
Charles de Vaulx 256,407 sh (-33.03%)
RS Investment Management 19,163 sh (-33.43%)
Bruce Kovner 1,500 sh (-96.63%)
» More
Q3 2012

MA Guru Trades in Q3 2012

John Hussman 75,000 sh (New)
Lee Ainslie 342,206 sh (New)
Louis Moore Bacon 12,500 sh (New)
RS Investment Management 23,223 sh (+21.19%)
Pioneer Investments 316,934 sh (+20.22%)
Jim Simons 548,200 sh (+19.33%)
Jeremy Grantham 921,489 sh (+15.09%)
Chris Davis 1,047 sh (+14.43%)
Julian Robertson 56,658 sh (+11.76%)
Ken Fisher 89,229 sh (+5.57%)
Tom Russo 874,437 sh (+5.29%)
PRIMECAP Management 93,225 sh (+4.6%)
Chuck Akre 343,270 sh (+1.58%)
Manning & Napier Advisors, Inc 621,415 sh (+1.27%)
Jean-Marie Eveillard 275,192 sh (+0.58%)
Chuck Royce 800 sh (unchged)
Jeff Auxier 8,601 sh (unchged)
Bill Nygren 299,000 sh (unchged)
Warren Buffett 405,000 sh (unchged)
Westport Asset Management 25,000 sh (unchged)
Robert Olstein 7,200 sh (unchged)
Tom Gayner 3,000 sh (unchged)
Wintergreen Fund 141,201 sh (unchged)
Bruce Kovner Sold Out
Richard Pzena Sold Out
Joel Greenblatt Sold Out
Ken Heebner Sold Out
Ruane Cunniff 556,794 sh (-0.47%)
David Winters 158,731 sh (-0.54%)
Ron Baron 4,752 sh (-0.75%)
Chase Coleman 820,000 sh (-1.8%)
Mario Gabelli 22,970 sh (-3.63%)
Tweedy Browne 108,794 sh (-4.78%)
Steven Cohen 83,333 sh (-15.85%)
Charles de Vaulx 203,914 sh (-20.47%)
Andreas Halvorsen 826,762 sh (-44.92%)
Murray Stahl 95,498 sh (-57.13%)
» More
Q4 2012

MA Guru Trades in Q4 2012

Jim Chanos 17,100 sh (New)
Bruce Kovner 8,296 sh (New)
Ron Baron 5,503 sh (+15.8%)
Bill Nygren 308,000 sh (+3.01%)
Tom Russo 890,158 sh (+1.8%)
Jean-Marie Eveillard 277,692 sh (+0.91%)
Wintergreen Fund 141,201 sh (unchged)
Warren Buffett 405,000 sh (unchged)
Jeremy Grantham 877,183 sh (unchged)
David Winters 158,731 sh (unchged)
Tom Gayner 3,000 sh (unchged)
Chuck Royce 800 sh (unchged)
Robert Olstein 7,200 sh (unchged)
Westport Asset Management 25,000 sh (unchged)
Chris Davis 1,047 sh (unchged)
Louis Moore Bacon Sold Out
Chuck Akre 341,778 sh (-0.43%)
Tweedy Browne 108,249 sh (-0.5%)
Jeff Auxier 8,551 sh (-0.58%)
Ruane Cunniff 545,960 sh (-1.95%)
Pioneer Investments 310,700 sh (-1.97%)
Mario Gabelli 22,340 sh (-2.74%)
Charles de Vaulx 196,713 sh (-3.53%)
PRIMECAP Management 81,525 sh (-12.55%)
Julian Robertson 48,578 sh (-14.26%)
Chase Coleman 665,000 sh (-18.9%)
RS Investment Management 18,800 sh (-19.05%)
Jim Simons 431,600 sh (-21.27%)
Andreas Halvorsen 552,762 sh (-33.14%)
Lee Ainslie 207,359 sh (-39.41%)
Ken Fisher 51,648 sh (-42.12%)
Murray Stahl 40,890 sh (-57.18%)
Steven Cohen 4,041 sh (-95.15%)
Manning & Napier Advisors, Inc 3,529 sh (-99.43%)
» More
Q1 2013

MA Guru Trades in Q1 2013

John Hussman 60,000 sh (New)
Joel Greenblatt 634 sh (New)
Ray Dalio 1,046 sh (New)
Tom Gayner 8,000 sh (+166.67%)
Chris Davis 2,285 sh (+118.24%)
Westport Asset Management 32,500 sh (+30%)
Jim Chanos 19,200 sh (+12.28%)
Jim Simons 482,700 sh (+11.84%)
Tom Russo 943,961 sh (+6.04%)
Ron Baron 5,807 sh (+5.52%)
Pioneer Investments 313,714 sh (+0.97%)
Ruane Cunniff 550,346 sh (+0.8%)
Tweedy Browne 108,584 sh (+0.31%)
Chuck Akre 341,828 sh (+0.01%)
David Winters 158,731 sh (unchged)
Jeff Auxier 8,551 sh (unchged)
Chuck Royce 800 sh (unchged)
Warren Buffett 405,000 sh (unchged)
Wintergreen Fund 141,201 sh (unchged)
Bill Nygren 308,000 sh (unchged)
Bruce Kovner Sold Out
Jean-Marie Eveillard 277,192 sh (-0.18%)
PRIMECAP Management 80,925 sh (-0.74%)
Mario Gabelli 21,300 sh (-4.66%)
Chase Coleman 628,000 sh (-5.56%)
Murray Stahl 38,581 sh (-5.65%)
Lee Ainslie 194,083 sh (-6.4%)
Charles de Vaulx 183,660 sh (-6.64%)
Julian Robertson 44,778 sh (-7.82%)
Andreas Halvorsen 497,362 sh (-10.02%)
Jeremy Grantham 752,701 sh (-14.19%)
Robert Olstein 6,000 sh (-16.67%)
Manning & Napier Advisors, Inc 2,277 sh (-35.48%)
Ken Fisher 25,905 sh (-49.84%)
Steven Cohen 1,454 sh (-64.02%)
RS Investment Management 6,500 sh (-65.43%)
» More
» Details

Insider Trades

Latest Guru Trades with MA

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Hussman 2013-03-31 New Buy1.2%$491.28 - $541.13 $ 584.4112%60000
Tom Gayner 2013-03-31 Add 166.67%0.1%$491.28 - $541.13 $ 584.4112%8000
Joel Greenblatt 2013-03-31 New Buy0.02%$491.28 - $541.13 $ 584.4112%634
Ray Dalio 2013-03-31 New Buy0.01%$491.28 - $541.13 $ 584.4112%1046
Lee Ainslie 2012-12-31 Reduce -39.41%0.79%$449.36 - $498.53 $ 584.4123%207359
Lee Ainslie 2012-09-30 New Buy2%$409.89 - $459.47 $ 584.4135%342206
John Hussman 2012-09-30 New Buy0.82%$409.89 - $459.47 $ 584.4135%75000
Julian Robertson 2012-09-30 Add 11.76%0.59%$409.89 - $459.47 $ 584.4135%56658
Chuck Akre 2012-09-30 Add 1.58%0.19%$409.89 - $459.47 $ 584.4135%343270
Joel Greenblatt 2012-09-30 Sold Out 0.04%$409.89 - $459.47 $ 584.4135%0
Chuck Akre 2012-06-30 Add 22.6%2.19%$392.67 - $459.75 $ 584.4137%337940
PRIMECAP Management 2012-06-30 Add 123.09%0.04%$392.67 - $459.75 $ 584.4137%89125
Joel Greenblatt 2012-06-30 New Buy0.04%$392.67 - $459.75 $ 584.4137%1237
Premium More recent guru trades are included for Premium Members only!!
» Financial Charts

Peter Lynch Chart

Ratios

vs
industry		 vs
history
P/E(ttm) 25.50
MA's P/E(ttm) is ranked lower than
63% of the 104 Companies
in the Global Credit Services industry.

( Industry Median: 13.40 vs. MA: 25.50 )
MA' s 10-Year P/E(ttm) Range
Min: 15.09   Max: 160.81
Current: 25.5
15.09
160.81
P/B 10.30
MA's P/B is ranked lower than
82% of the 121 Companies
in the Global Credit Services industry.

( Industry Median: 1.21 vs. MA: 10.30 )
MA' s 10-Year P/B Range
Min: 2.81   Max: 18.78
Current: 10.3
2.81
18.78
P/S 9.70
MA's P/S is ranked lower than
78% of the 122 Companies
in the Global Credit Services industry.

( Industry Median: 2.58 vs. MA: 9.70 )
MA' s 10-Year P/S Range
Min: 1.55   Max: 9.7
Current: 9.7
1.55
9.7
PFCF 22.80
MA's PFCF is ranked lower than
64% of the 87 Companies
in the Global Credit Services industry.

( Industry Median: 6.05 vs. MA: 22.80 )
MA' s 10-Year PFCF Range
Min: 11.71   Max: 88.8
Current: 22.8
11.71
88.8
EV-to-EBIT 16.4
MA's EV-to-EBIT is ranked higher than
53% of the 104 Companies
in the Global Credit Services industry.

( Industry Median: 15.40 vs. MA: 16.4 )
MA' s 10-Year EV-to-EBIT Range
Min: 8.4   Max: 66.8
Current: 16.4
8.4
66.8
Shiller P/E 46.5
MA's Shiller P/E is ranked lower than
100% of the Companies
in the Global Credit Services industry.

( Industry Median: vs. MA: 46.5 )
MA' s 10-Year Shiller P/E Range
Min: 36.49   Max: 237.03
Current: 46.5
36.49
237.03

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 0.30
MA's Dividend Yield is ranked lower than
65% of the 132 Companies
in the Global Credit Services industry.

( Industry Median: 1.14 vs. MA: 0.30 )
MA' s 10-Year Dividend Yield Range
Min: 0.09   Max: 0.48
Current: 0.3
0.09
0.48
Dividend Payout 0.0791
MA's Dividend Payout is ranked higher than
94% of the 70 Companies
in the Global Credit Services industry.

( Industry Median: 0.49 vs. MA: 0.0791 )
MA' s 10-Year Dividend Payout Range
Min: 0.04   Max: 0.24
Current: 0.08
0.04
0.24
Dividend growth (3y) 25.7
MA's Dividend growth (3y) is ranked higher than
95% of the 132 Companies
in the Global Credit Services industry.

( Industry Median: 0.00 vs. MA: 25.7 )
MA' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 60.7
Current: 25.7
0
60.7
Yield on cost (5-Year) 0.60
MA's Yield on cost (5-Year) is ranked lower than
59% of the 132 Companies
in the Global Credit Services industry.

( Industry Median: 1.50 vs. MA: 0.60 )
MA' s 10-Year Yield on cost (5-Year) Range
Min: 0.18   Max: 0.96
Current: 0.6
0.18
0.96
Share Buyback Rate 0.8
MA's Share Buyback Rate is ranked higher than
93% of the 132 Companies
in the Global Credit Services industry.

( Industry Median: 0.00 vs. MA: 0.8 )
MA' s 10-Year Share Buyback Rate Range
Min: 1   Max: -8.7
Current: 0.8

Valuation & Return

vs
industry		 vs
history
Price/Net Cash 304.4
MA's Price/Net Cash is ranked lower than
67% of the 27 Companies
in the Global Credit Services industry.

( Industry Median: 3.40 vs. MA: 304.4 )
MA' s 10-Year Price/Net Cash Range
Min: 51.9   Max: 384.4
Current: 304.4
51.9
384.4
Price/Net Current Asset Value 46.8
MA's Price/Net Current Asset Value is ranked lower than
77% of the 74 Companies
in the Global Credit Services industry.

( Industry Median: 3.20 vs. MA: 46.8 )
MA' s 10-Year Price/Net Current Asset Value Range
Min: 18.7   Max: 45.1
Current: 46.8
18.7
45.1
Price/Tangible Book 13.9
MA's Price/Tangible Book is ranked lower than
80% of the 113 Companies
in the Global Credit Services industry.

( Industry Median: 1.40 vs. MA: 13.9 )
MA' s 10-Year Price/Tangible Book Range
Min: 7.1   Max: 15.1
Current: 13.9
7.1
15.1
Price/DCF (Projected) 2.8
MA's Price/DCF (Projected) is ranked lower than
71% of the 48 Companies
in the Global Credit Services industry.

( Industry Median: 0.60 vs. MA: 2.8 )
MA' s 10-Year Price/DCF (Projected) Range
Min: 2.4   Max: 4.2
Current: 2.8
2.4
4.2
Price/Median PS Value 1.6
MA's Price/Median PS Value is ranked lower than
56% of the 114 Companies
in the Global Credit Services industry.

( Industry Median: 1.20 vs. MA: 1.6 )
MA' s 10-Year Price/Median PS Value Range
Min: 0.6   Max: 1.4
Current: 1.6
0.6
1.4
Price/Graham Number 4.1
MA's Price/Graham Number is ranked lower than
88% of the 101 Companies
in the Global Credit Services industry.

( Industry Median: 0.90 vs. MA: 4.1 )
MA' s 10-Year Price/Graham Number Range
Min: 2.3   Max: 9.2
Current: 4.1
2.3
9.2
Earnings Yield (Greenblatt) 6.10
MA's Earnings Yield (Greenblatt) is ranked higher than
67% of the 132 Companies
in the Global Credit Services industry.

( Industry Median: 4.60 vs. MA: 6.10 )
MA' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.5   Max: 11.9
Current: 6.1
1.5
11.9
Forward Rate of Return (Yacktman) 1.52
MA's Forward Rate of Return (Yacktman) is ranked higher than
74% of the 132 Companies
in the Global Credit Services industry.

( Industry Median: 0.00 vs. MA: 1.52 )
MA' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 0.8   Max: 2.2
Current: 1.52
0.8
2.2

Business Description

MasterCard Incorporated was incorporated as a Delaware stock corporation in May 2001. It is a global payment solutions company that provides a variety of services in support of the credit, debit and related payment programs of over 23,000 financial institutions and other entities that are its customers. It conducts its business mainly through subsidiaries, including MasterCard International Incorporated subsidiaries, including MasterCard International Incorporated provide payment solutions, including transaction processing and related services to customers principally in support of their credit, deposit access (debit), electronic cash and Automated Teller Machine ('ATM') payment card programs, and travelers cheque programs. Through its three-tiered business model as franchisor, processor and advisor, it develops and markets payment solutions, process payment transactions, and provides support services to its customers and, depending upon the service, to merchants and other clients.The Company operate in the global payments industry which consists of all forms of payment including: Paper-personal checks, cash, money orders, official checks, travelers cheques and other paper-based means of transferring value; Cards-credit cards, charge cards, debit cards, stored value cards and other types of cards; and Emerging and Other Forms of Payment—wire transfers, electronic benefits transfers, bill payments, Automated Clearing House payments and payments using mobile devices, among others. The Company manages a family of well-known, widely accepted payment card brands, including MasterCard, MasterCard Electronic, Maestro and Cirrus which it licenses to its customers. As part of managing these brands, it also establishes and enforces rules and standards surrounding the use of its payment card network. MasterCard offers a range of payment solutions to enable its customers to design, package and implement programs targeted to the specific needs of their customers, the cardholders. The payment programs, which are facilitated through its brands, include consumer credit and debit programs, commercial payment solutions, prepaid programs, contactless payment solutions and emerging technologies. MasterCard offers a number of consumer credit and charge programs that are designed to meet the needs of its customers. It offers customized programs to customers to address specific consumer segments. The consumer credit programs include Standard, Gold, Platinum,World Elite MasterCard cards. MasterCard offers to customers' cards targeted to affluent consumers outside of the United States, such as the MasterCard Black card in Latin America, World and World Signia MasterCard in Europe and World and Titanium MasterCard in Asia/Pacific, Middle East and Africa. Maestro is its global online debit program. MasterCard offers commercial payment solutions that help large corporations, mid-sized companies, small businesses and public sector organizations to streamli
Company Website
SEC Reports
Industry: Credit Services
Compare:V, TCAP, DFS, COF, RDCRL
Traded in other countries:M4I.Germany
» More Articles for MA

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