American Express Stock Fair Value Calculation – Forbes Advisor UK Reviews American Express Business Gold Card for 2023
March 26, 2023
Trending News 🌥️
Forbes Advisor UK has recently given its review of the American Express ($NYSE:AXP) Business Gold Card for 2023. This card offers a range of features and benefits to small business owners, providing them with a convenient and rewarding way to manage their business finances. The card’s rewards program allows users to earn bonus points on a wide range of purchases, including office supplies, travel expenses, and even advertising. Cardholders can also take advantage of exclusive access to American Express’s Business Extra program which provides additional discounts and cashback opportunities on select purchases. The card also has a low annual fee, making it an attractive option for those who are looking for a business credit card with no annual fee.
Additionally, the American Express Business Gold Card offers comprehensive fraud protection and insurance benefits, ensuring that business owners’ finances are always secure. With its range of rewards, low annual fee, and comprehensive fraud protection, it is an ideal choice for those who are looking for a convenient and rewarding way to manage their business finances.
Price History
Friday saw AMERICAN EXPRESS stock open at $160.5 and close at $159.8, representing a 1.8% decrease from the prior day’s closing price of 162.8. They focused on the card’s benefits, including its competitive rewards rate, no foreign transaction fees and flexible payment options. Additionally, they highlighted the card’s custom spending categories, which allow small business owners to focus their spending on categories that are most important to their individual businesses. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for American Express. More…
| Total Revenues | Net Income | Net Margin |
| 52.56k | 7.4k | 14.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for American Express. More…
| Operations | Investing | Financing |
| 21.08k | -33.69k | 24.51k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for American Express. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 228.35k | 203.64k | 33.26 |
Key Ratios Snapshot
Some of the financial key ratios for American Express are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.5% | – | – |
| FCF Margin | ROE | ROA |
| 36.6% | 24.6% | 2.6% |
Analysis – American Express Stock Fair Value Calculation
At GoodWhale, we conducted an analysis of AMERICAN EXPRESS‘s wellbeing, and determined the intrinsic value of their shares to be around $184.1. This value was calculated using our proprietary Valuation Line. Currently, the stock is trading at $159.8, which is a fair price, but is slightly undervalued by 13.2%. It could be a good opportunity for investors to buy in at this time. More…
Peers
Amex is known for its credit card, charge card, and traveler’s cheque businesses. The company’s competitors in the credit card space include Discover Financial Services, Synchrony Financial, and Visa Inc.
– Discover Financial Services ($NYSE:DFS)
Discover Financial Services has a market cap of 28.54B as of 2022, a Return on Equity of 26.11%. The company specializes in credit cards, personal loans, and student loans. It also offers banking products such as checking and savings accounts. Discover is one of the largest credit card issuers in the United States. It has more than 50 million cardholders and operates in more than 185 countries. The company was founded in 1986 and is headquartered in Riverwoods, Illinois.
– Synchrony Financial ($NYSE:SYF)
Synchrony Financial is a consumer financial services company with a market cap of 16.02B as of 2022. The company offers a variety of financial services, including credit cards, loans, and savings products. Synchrony Financial has a return on equity of 20.2%. The company’s products are available through a variety of channels, including online, mobile, and retail.
– Visa Inc ($NYSE:V)
Visa Inc is a multinational financial services corporation headquartered in Foster City, California, United States. The company facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards and debit cards. Visa does not issue cards, extend credit, or set rates and fees for consumers. Rather, Visa provides financial institutions with Visa-branded products and services that they then use to offer credit, debit, prepaid, and cash-access products to their customers.
In terms of market cap, as of 2022, Visa Inc has a market cap of 436.4B. In terms of ROE, the company has a ROE of 32.85%. As a brief introduction, the company is a multinational financial services corporation that facilitates electronic funds transfers throughout the world.
Summary
American Express Business Gold Card is a credit card product aimed at small business owners. It offers a range of benefits such as cashback rewards, travel insurance, and purchase protection. The card also offers up to 4 additional cards for free, enabling business owners to manage their employees’ expenses.
Additionally, the card offers a range of discounts and rewards in a variety of categories including travel, dining, entertainment and more. American Express Business Gold Card is an excellent choice for businesses looking for a reliable credit card with great rewards and features.
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