Analyzing Mastercard Inc.'s (MA, Financial) shares from the point of view of its business model and its fundamental indicators shows the company is of extremely high quality. The consolidated business model and very high competitive advantages allow for high margins and a substantial generation of free cash flow and, consequently, returns to shareholders through dividends and buybacks.Despite this, Mastercard's stock currently trades at high multiples that look overvalued at first glance. Its price-earnings ...