VALUFOUR
Source ↗
NYSE · V

Visa

Global Payments Network · Payment Processing · Value-Added Services

Results released
2026.10.27
Published
2026.10.30
close$425.55
CURRENT MARKET CAP REQUIREMENTS

Requirements Implied by the Current Market Cap

Current market cap $800.03B · 52.0% assumed net margin × 29.0x assumed PER
This is the 2030 revenue implied by the current market cap under the displayed valuation assumptions. Share-count changes and dividends are not included in this calculation.

Required 2030 revenue$53.0B
TTM revenue
$45.90B
Implied 2030 Revenue CAGR
3.7%

Conditional Business Scenarios

Conservative · Base · Optimistic
V assumptions
Current TTM$45.90B
Conservative
Assumed 2030 revenue$67.3BRevenue CAGR from TTM 10.0%
Assumed 2030 net margin
52.0%Current 51.2%
Assumed 2030 PER
29.0xCurrent 34.0x
Conditional Shareholder Return Bridge
Conditional Market Cap$1.0TVs. current +26.9%Conditional market cap is calculated from the revenue, net margin, and multiple assumptions.
Conditional Projected Shares1.73BVs. current −8.0%Reflects company-specific share-count changes, including repurchases and issuance.
Conditional Implied Share Value$587.28Current $425.55 · +38.0%Conditional market cap and conditional projected shares determine implied share value.
Conditional Total Shareholder Return+41.7%Implied Share Value Change +38.0% · Dividend Contribution 3.7 ppAnnualized +9.1%
View Conditional Shareholder Return Details

Shows the relationship among market cap, share count, implied share value, and shareholder return.

Implied Share Value Change
Market Cap
$800.0B$1.0T
Shares
1.88B1.73B
Implied Share Value Change
+38.0%
Shareholder Return Components
Implied Share Value Change
+38.0%
Dividend Contribution
+3.7 pp
Conditional Total Shareholder Return
+41.7%

Assumes slower growth in processed transactions and value-added services, with a relatively higher burden from client incentives.

Base
Assumed 2030 revenue$69.8BRevenue CAGR from TTM 11.1%
Assumed 2030 net margin
52.6%Current 51.2%
Assumed 2030 PER
32.0xCurrent 34.0x
Conditional Shareholder Return Bridge
Conditional Market Cap$1.2TVs. current +46.8%Conditional market cap is calculated from the revenue, net margin, and multiple assumptions.
Conditional Projected Shares1.74BVs. current −7.4%Reflects company-specific share-count changes, including repurchases and issuance.
Conditional Implied Share Value$674.79Current $425.55 · +58.6%Conditional market cap and conditional projected shares determine implied share value.
Conditional Total Shareholder Return+62.3%Implied Share Value Change +58.6% · Dividend Contribution 3.7 ppAnnualized +12.9%
View Conditional Shareholder Return Details

Shows the relationship among market cap, share count, implied share value, and shareholder return.

Implied Share Value Change
Market Cap
$800.0B$1.2T
Shares
1.88B1.74B
Implied Share Value Change
+58.6%
Shareholder Return Components
Implied Share Value Change
+58.6%
Dividend Contribution
+3.7 pp
Conditional Total Shareholder Return
+62.3%

Assumes payment processing activity and value-added services grow together, with a stable burden from client incentives.

Optimistic
Assumed 2030 revenue$72.4BRevenue CAGR from TTM 12.1%
Assumed 2030 net margin
53.0%Current 51.2%
Assumed 2030 PER
34.0xCurrent 34.0x
Conditional Shareholder Return Bridge
Conditional Market Cap$1.3TVs. current +63.0%Conditional market cap is calculated from the revenue, net margin, and multiple assumptions.
Conditional Projected Shares1.75BVs. current −7.1%Reflects company-specific share-count changes, including repurchases and issuance.
Conditional Implied Share Value$746.39Current $425.55 · +75.4%Conditional market cap and conditional projected shares determine implied share value.
Conditional Total Shareholder Return+79.1%Implied Share Value Change +75.4% · Dividend Contribution 3.7 ppAnnualized +15.7%
View Conditional Shareholder Return Details

Shows the relationship among market cap, share count, implied share value, and shareholder return.

Implied Share Value Change
Market Cap
$800.0B$1.3T
Shares
1.88B1.75B
Implied Share Value Change
+75.4%
Shareholder Return Components
Implied Share Value Change
+75.4%
Dividend Contribution
+3.7 pp
Conditional Total Shareholder Return
+79.1%

Assumes sustained growth in processed transactions and value-added services, with a relatively lower burden from client incentives.

This analysis presents long-term valuation scenarios. Scenario inputs are conditional assumptions and are not company guidance or market consensus.

View scenario history

Conditional Shareholder Return Calculator

Assumed 2030 revenue$69.8B
Assumed 2030 net margin52.6%
Assumed 2030 PER32.0x
Conditional market cap$1.2T
Conditional Implied Share Value$674.79
Conditional Total Shareholder Return+62.3%

This is a conditional arithmetic result based on the displayed assumptions, not a forecast of future share price.

View high-point comparison
HIGH-POINT COMPARISON

All-Time Closing High

2026-10-16
Sources and calculations checked
Peak close$402.61
Market cap at peak$756.91B
PSR at peak17.0x
P/E at peak33.5x
Trailing twelve months at the peakTTM revenue at the peak$44.49B

FY2026 Q3Annualized latest quarter at the peak$46.53B

Quarter revenue $11.63B ×4

Public guidance at the peakNo guidance provided

At peakCurrentChange
TTM revenue$44.49B$45.90B+3.2%
Latest quarter$11.63B$12.14B+4.3%

Only information public at the peak Uses FY2026 Q3 results public on October 16, 2026. Numeric revenue guidance was not provided and is excluded from the comparison. Market cap at the peak uses the disclosed June 30, 2026 Class A-equivalent share basis.

Key Variables at the Peak

Payments volume and cross-border activity grew together, while value-added services broadened the network’s revenue base. Profitability and cash generation remained strong.

Growth and Profitability Conditions Implied by the Peak Multiple

The valuation implies sustained payment network growth, expanding value-added services, high profit margins and earnings-per-share growth supported by share repurchases and retirement.

Close $402.61 × 1.88B A-equivalent shares = approximately $756.91B market cap at the peak.

Original Sources

2026-10-27 ET · FY2026 Q4 and full-year results ↗
Methodology, Terms and Operating Principles

What is GAAP?

GAAP refers to U.S. generally accepted accounting principles. GAAP financial results include items such as stock-based compensation and amortization that companies may adjust out of non-GAAP measures.

Company-Specific Valuation Assumptions

VALUFOUR does not apply the same valuation multiples to every company. Conditional scenarios are analytical assumptions based on each company’s business model, revenue scale, growth rate, profitability, durability of growth and historical valuation range. They are not forecasts or recommendations.

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Class A-Equivalent Shares

Visa has Class B and Class C common stock and preferred stock in addition to Class A common stock. Valuation uses the total economic share count on a Class A-equivalent basis, which differs from the number of Class A shares actually outstanding.