MA - Embedded Expectations Analysis - 2021 07 02
Mastercard Incorporated (MA:USA) currently trades above corporate averages relative to UAFRS-based (Uniform) earnings, with a 42.3x Uniform P/E, suggesting bullish expectations for the firm. However, management may be concerned about their cryptocurrency exposure, partnerships with credit unions and banks, and top-line growthSpecifically, management may have concerns about their NETS acquisition and the sustainability of the U.S. airline spending rebound. Additionally, they may be exaggerating their positive momentum for top-line growth and the potential of Ekata to improve their cyber solutions. Moreover, management may have concerns about their partnership with Airtel Payments Bank in India, their investments in Airtel Mobile Commerce, and the progress of the Transfast integration. Furthermore, they may lack confidence in their ability to improve EPS, execute their digital strategy, and expand their relationship with the United Nations Federal Credit Union and Saudi British Bank. Finally, management may have concerns about the launch of the crypto currency rewards system for credit cards and lower-yielding intra-Europe cross-border volumes, and they may lack confidence in their ability to efficiently manage expenses
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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