MA - Embedded Expectations Analysis - 2018 11 30
MasterCard Incorporated (MA:USA) currently trades above corporate averages relative to UAFRS-based (Uniform) Earnings, with a 25.7x Uniform P/E, suggesting bullish expectations for the firm. Moreover, management is confident about strong deal activity, their expanded partnership with Kroger, and development in the Asia PacificSpecifically, management is confident that they continue to expect strong deal activity into the fourth quarter, and that their expanded partnership with Kroger will build on the co-brand flip that they won last year. Moreover, they are confident that they are partnering with digital players in the Asia Pacific region to harness new payment flows and increase their participation in domestic transactions, and that oral commerce is just beginning to develop. Finally, they are confident that they are working to show governments how inefficient closed-loop payment systems are, and that part of their expense growth was simply related to revenue recognition awards
Mastercard is a technology company in the global payments industry. The company's solutions enabling consumers to use electronic forms of payment instead of cash and checks. The company provides a range of payment solutions and services using its brands, including Mastercard?, Maestro? and Cirrus?. The company is a multi-rail network that provides customers one partner to turn to for their domestic and cross-border payment needs. The company has additional payment capabilities that include automated clearing house transactions. The company also provides offerings such as cyber and intelligence products, information and analytics services, consulting, loyalty and reward programs and processing.
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