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NYQ · Valuation Lab
MA
Mastercard Incorporated
Last$570.48
Market cap499.7B
EV/EBITDA23.1x
Intrinsic value
$673.06
MoS +15.2% · Fairly Valued
Assuming 45.0% FCF margin and 14.1% Y1–5 growth.
Upside to price
EV (DCF)598.2B
Terminal share67%
Expected IV$703.29
Probability weights
Projected free cash flows
Stage FCF path with present values · terminal 67% of EV
PV of stage FCFs197.4B
PV of terminal value400.9B
Enterprise value598.2B
Net cash / (debt)-13B
Equity value585.2B
Intrinsic value / share$673.06
| Year | Revenue | FCF | PV | DF |
|---|---|---|---|---|
| Y1 | 40B | 18B | 16.7B | 92.8% |
| Y2 | 45.7B | 20.6B | 17.7B | 86.2% |
| Y3 | 52.1B | 23.5B | 18.8B | 80.0% |
| Y4 | 59.5B | 26.8B | 19.9B | 74.3% |
| Y5 | 67.8B | 30.5B | 21.1B | 69.0% |
| Y6 | 72.6B | 32.7B | 20.9B | 64.0% |
| Y7 | 77.7B | 35B | 20.8B | 59.5% |
| Y8 | 83.1B | 37.4B | 20.6B | 55.2% |
| Y9 | 88.9B | 40B | 20.5B | 51.3% |
| Y10 | 95.2B | 42.8B | 20.4B | 47.6% |
| Terminal | — | — | 400.9B | — |
Educational DCF model only — not financial advice. Terminal value and assumptions dominate results; verify filings and run your own diligence.