Added to YB: 2026-06-16
Pitch date: 2026-06-13
MA [bullish]
Mastercard Incorporated
+17.94%
current return
Author Info
Waver has been an investor for 15 years and is the author of the book Investing with Eagles. He invests only in a few quality companies with high moats. Focusing on strong fundamentals, growth prospects and price. Sign up for the newsletter.
Company Info
Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally.
Market Cap
$497.2B
Pitch Price
$489.52
Price Target
N/A
Dividend
0.62%
EV/EBITDA
23.76
P/E
32.56
EV/Sales
14.96
Sector
Financial Services
Category
value
One Position Instead of Two: The Moat Upgrade - Mastercard Incorporated
MA: Toll-booth moat, 30-40% ROIC, 58% op margin, 22% YoY services growth. Trades 24.6x 2026E EPS ($19.60), 34% below 10Y avg 37.5x—cheapest since 2016. Base case ~16%/yr, bull ~20%, bear ~10%. Stablecoin 'disruption' discount on the disruptor. Risks: interchange regulation, CFO transition, EPS slowdown.
Read full article (5 min)