GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mastercard Inc (NYSE:MA) » Definitions » Cyclically Adjusted Price-to-FCF

MA (Mastercard) Cyclically Adjusted Price-to-FCF : 65.28 (As of May. 31, 2025)


View and export this data going back to 2006. Start your Free Trial

What is Mastercard Cyclically Adjusted Price-to-FCF?

As of today (2025-05-31), Mastercard's current share price is $585.60. Mastercard's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $8.97. Mastercard's Cyclically Adjusted Price-to-FCF for today is 65.28.

The historical rank and industry rank for Mastercard's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 45.57   Med: 62.37   Max: 89.74
Current: 65.29

During the past years, Mastercard's highest Cyclically Adjusted Price-to-FCF was 89.74. The lowest was 45.57. And the median was 62.37.

MA's Cyclically Adjusted Price-to-FCF is ranked worse than
89.29% of 112 companies
in the Credit Services industry
Industry Median: 8.26 vs MA: 65.29

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Mastercard's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $2.213. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $8.97 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mastercard Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mastercard's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mastercard Cyclically Adjusted Price-to-FCF Chart

Mastercard Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.59 67.42 54.00 57.66 60.30

Mastercard Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.26 55.94 59.56 60.30 61.11

Competitive Comparison of Mastercard's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, Mastercard's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mastercard's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mastercard's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mastercard's Cyclically Adjusted Price-to-FCF falls into.


;
;

Mastercard Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Mastercard's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=585.60/8.97
=65.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mastercard's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Mastercard's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.213/134.9266*134.9266
=2.213

Current CPI (Mar. 2025) = 134.9266.

Mastercard Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.644 100.684 0.863
201509 1.029 100.392 1.383
201512 0.888 99.792 1.201
201603 0.884 100.470 1.187
201606 0.867 101.688 1.150
201609 1.206 101.861 1.597
201612 0.908 101.863 1.203
201703 0.585 102.862 0.767
201706 1.164 103.349 1.520
201709 1.551 104.136 2.010
201712 1.600 104.011 2.076
201803 0.860 105.290 1.102
201806 1.300 106.317 1.650
201809 2.145 106.507 2.717
201812 1.165 105.998 1.483
201903 1.134 107.251 1.427
201906 1.321 108.070 1.649
201909 2.096 108.329 2.611
201912 2.759 108.420 3.434
202003 1.634 108.902 2.024
202006 1.265 108.767 1.569
202009 1.482 109.815 1.821
202012 2.102 109.897 2.581
202103 1.322 111.754 1.596
202106 2.088 114.631 2.458
202109 2.317 115.734 2.701
202112 3.003 117.630 3.445
202203 1.517 121.301 1.687
202206 2.331 125.017 2.516
202209 3.697 125.227 3.983
202212 2.870 125.222 3.092
202303 1.639 127.348 1.737
202306 2.597 128.729 2.722
202309 3.180 129.860 3.304
202312 4.121 129.419 4.296
202403 1.384 131.776 1.417
202406 3.056 132.554 3.111
202409 5.261 133.029 5.336
202412 4.993 133.157 5.059
202503 2.213 134.927 2.213

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Mastercard  (NYSE:MA) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Mastercard Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Mastercard's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Mastercard Business Description

Address
2000 Purchase Street, Purchase, NY, USA, 10577
Mastercard is the second-largest payment processor in the world, having processed close to $10 trillion in volume during 2024. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.
Executives
Sandra A Arkell officer: Controller 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Michael Miebach officer: Chief Product Officer 2000 PURCHASE STREET, PURCHASE NY 10577
Edward Grunde Mclaughlin officer: President, Operations & Tech 2000 PURCHASE STREET, PURCHASE NY 10577
Craig Vosburg officer: President, North America 2000 PURCHASE STREET, PURCHASE NY 10577
J. Mehra Sachin officer: Chief Financial Officer HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Venkata R Madabhushi officer: Chief Marketing Officer WELLPOINT, INC., 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Foundation Mastercard 10 percent owner 250 YONGE STREET, SUITE 2400, TORONTO A6 M5B 2L7
Hai Ling officer: Co-President, Intl Markets 2000 PURCHASE STREET, PURCHASE NY 10577
Timothy H Murphy officer: General Counsel 2000 PURCHASE STREET, PURCHASE NY 10577
Raj Seshadri officer: President, Data & Services 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Ajay Bhalla officer: President Cyber & Intelligence 2000 PURCHASE STREET, PURCHASE NY 10577
Richard K Davis director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Raghuvir Malhotra officer: Co-President, Intl Markets 2000 PURCHASE STREET, PURCHASE NY 10577
Linda Pistecchia Kirkpatrick officer: President, North America 2000 PURCHASE STREET, PURCHASE NY 10577
Harit Talwar director 2500 LAKE COOK ROAD, RIVERWOODS IL 60015