Mastercard Piotroski F Score


USD 359.95  4.62  1.30%   

This module uses fundamental data of Mastercard to approximate its Piotroski F score. Mastercard F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Mastercard. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Mastercard financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Additionally, see Mastercard Altman Z Score, Mastercard Correlation, Mastercard Valuation, as well as analyze Mastercard Alpha and Beta and Mastercard Hype Analysis.
Mastercard Issuance Repayment of Debt Securities is projected to based on the last few years of reporting. The past year's Issuance Repayment of Debt Securities was at 1.37 Billion. The current year Long Term Debt to Equity is expected to grow to 1.93, whereas Total Debt is forecasted to decline to about 11.4 B. Mastercard Interest Coverage is projected to decrease significantly based on the last few years of reporting. The past year's Interest Coverage was at 23.39. The current year Long Term Debt to Equity is expected to grow to 1.93, whereas Accounts Payable Turnover is forecasted to decline to 25.59.
At this time, it appears that Mastercard's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
Piotroski F Score - Healthy
Current Return On AssetsPositiveFocus
Change in Return on AssetsIncreasedFocus
Cash Flow Return on AssetsPositiveFocus
Current Quality of Earnings (accrual)DecreasingFocus
Asset Turnover GrowthIncreaseFocus
Current Ratio ChangeIncreaseFocus
Long Term Debt Over Assets ChangeLower LeverageFocus
Change In Outstending SharesIncreaseFocus
Change in Gross MarginNo ChangeFocus

Mastercard Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Mastercard is to make sure Mastercard is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Mastercard's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Mastercard's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares989.1 M988 M
Slightly Up
Slightly volatile
Weighted Average Shares Diluted993 M992 M
Slightly Up
Slightly volatile
Net Cash Flow from Operations8.1 B9.5 B
Fairly Down
Slightly volatile
Total Assets32.2 B37.7 B
Fairly Down
Slightly volatile
Total Liabilities24.6 B30.3 B
Significantly Down
Slightly volatile
Current Assets16.6 B16.9 B
Fairly Down
Slightly volatile
Current Liabilities11.8 B13.2 B
Moderately Down
Slightly volatile
Total Debt11.4 B13.9 B
Significantly Down
Slightly volatile
Return on Average Assets0.260.243
Notably Up
Slightly volatile
Gross Margin0.890.9
Fairly Down
Slightly volatile
Asset Turnover0.540.529
Fairly Up
Slightly volatile

Mastercard F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Mastercard's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Mastercard in a much-optimized way.

About Mastercard Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Operating Margin


Mastercard Operating Margin is projected to slightly grow based on the last few years of reporting. The past year's Operating Margin was at 53.39

Mastercard Current Valuation Drivers

We derive many important indicators used in calculating different scores of Mastercard from analyzing Mastercard's financial statements. These drivers represent accounts that assess Mastercard's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Mastercard's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee292.16 K395.88 K436.45 K304.45 K361.96 K337.18 K
Revenue Per Employee932.61 K1.01 M907.69 K726.63 K786.83 K946.46 K
Average Assets20.16 B23.4 B25.87 B31.99 B35.7 B30.28 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA7.11 B7.85 B10.48 B8.72 B11.46 B9.95 B
Earnings Before Interest Taxes and Depreciation Amortization USD7.11 B7.85 B10.48 B8.72 B11.46 B9.95 B
Earnings before Tax6.52 B7.2 B9.73 B7.76 B10.31 B9.02 B
Average Equity5.84 B5.53 B5.25 B6.01 B6.7 B6.1 B
Enterprise Value159.05 B193.29 B302.7 B356.62 B358.68 B287.61 B
Free Cash Flow5.24 B5.72 B7.46 B6.52 B8.65 B7.38 B
Invested Capital6.79 B7.94 B12.06 B15.89 B17.78 B19.18 B
Invested Capital Average7.28 B8.02 B11 B16.31 B18.04 B19.46 B
Market Capitalization160.24 B194.84 B301.24 B355.84 B353.05 B285.57 B
Tangible Asset Value17.17 B20.96 B23.8 B26.87 B26.34 B23.87 B
Working Capital5 B4.58 B5 B7.27 B3.79 B4.84 B

Mastercard ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Mastercard's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Mastercard's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

About Mastercard Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mastercard's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mastercard using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mastercard based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. Mastercard Incorporated was founded in 1966 and is headquartered in Purchase, New York. Mastercard operates under Credit Services classification in the United States and is traded on New York Stock Exchange. It employs 24000 people.

Mastercard Investors Sentiment

The influence of Mastercard's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Mastercard. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Mastercard's public news can be used to forecast risks associated with investment in Mastercard. The trend in average sentiment can be used to explain how an investor holding Mastercard can time the market purely based on public headlines and social activities around Mastercard. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Mastercard's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Mastercard's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Mastercard's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Mastercard.

Mastercard Implied Volatility

Mastercard's implied volatility exposes the market's sentiment of Mastercard stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Mastercard's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Mastercard stock will not fluctuate a lot when Mastercard's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mastercard in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mastercard's short interest history, or implied volatility extrapolated from Mastercard options trading.

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Additionally, see Mastercard Altman Z Score, Mastercard Correlation, Mastercard Valuation, as well as analyze Mastercard Alpha and Beta and Mastercard Hype Analysis. Note that the Mastercard information on this page should be used as a complementary analysis to other Mastercard's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running Mastercard price analysis, check to measure Mastercard's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mastercard is operating at the current time. Most of Mastercard's value examination focuses on studying past and present price action to predict the probability of Mastercard's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Mastercard's price. Additionally, you may evaluate how the addition of Mastercard to your portfolios can decrease your overall portfolio volatility.
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Is Mastercard's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mastercard. If investors know Mastercard will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mastercard listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
Market Capitalization
347.2 B
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
The market value of Mastercard is measured differently than its book value, which is the value of Mastercard that is recorded on the company's balance sheet. Investors also form their own opinion of Mastercard's value that differs from its market value or its book value, called intrinsic value, which is Mastercard's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mastercard's market value can be influenced by many factors that don't directly affect Mastercard's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mastercard's value and its price as these two are different measures arrived at by different means. Investors typically determine Mastercard value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mastercard's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.