Key Takeaways Mastercard trades at 31.54X forward earnings, well above the industry average of 20.20X.Strong cash flows, stablecoin moves, and Value-Added Services drive Mastercard's growth.Despite regulatory risks, analysts see steady earnings gains and 12.5% upside potential.Payments powerhouse Mastercard Incorporated (MA) has long commanded a valuation that seems to live in a world of its own, detached from traditional fundamentals yet supported by a consistent narrative of innovation and dominance. For ...