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American Express Company (AXPB34) Fair Value & Analysis

Financial Services · BR · Market cap R$1.3T

AE American Express Company AXPB34 · SA
PriceR$184.20
Fair ValueR$20.64
Upside-88.8%
Quality63/100
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Evidence: High Range R$13.19 – R$41.82

Fair value as of: Jul 16, 2026

From 26 valuation models · updated yesterday

Share price +6.1% over the past month.

Price vs Fair Value (12 months)

R$212.47 R$152.09 Fair Value R$20.64 Jul 2025 Jul 2026

12‑month range R$152.09 – R$212.47 · fair‑value band R$13.19 – R$41.82 · the R$184.20 price screens above the R$20.64 fair value. As of Jul 16, 2026.

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Analysis

American Express Company (AXPB34) currently trades at R$184.20, while our model-based Fair Value estimate is R$20.64, implying the stock looks roughly 88.8% overvalued today. We read business quality at 63/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, American Express Company generated revenue of R$68.8B at a net margin of 16.3%. Revenue grew 11.6% year over year. It earns a return on equity of 34.4%. Net debt stands at R$10.1B. Fundamentals as of Jul 16, 2026

Our scenario range runs from R$13.19 (bear case) to R$41.82 (bull case); at R$184.20, the current price sits above that range. The share trades about 13% below its 52-week high and 23% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -26% fair-value upside, at -89%, AXPB34 screens richer than that median.

Key figures & financial health

Revenue (TTM) R$68.8B
Revenue growth (YoY) +11.6%
Net margin 16.3%
Return on equity 34.4%
Free cash flow R$16.0B FY2025
P/E ratio 19.6
More key figures
Operating margin 21.3%
EPS (TTM) R$8.30
Dividend yield 1.9%
EPS growth (YoY) +17.6%
Net debt R$10.1B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 16, 2026. TTM = trailing twelve months.

About the company

American Express Company, together with its subsidiaries, operates as an integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services. The company offers credit and charge cards and complementary products and services, including travel, dining, and lifestyle and expense management products and services; and banking and other payment and financing products and services, including deposits and non-card lending. It also provides merchant acquisition and processing, servicing and settlement, fraud prevention, and point-of-sale marketing and information products and services, as well as network services. The company offers its products and services to consumers, small businesses, mid-sized companies, and large …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

American Express Company reported revenue of R$77.7B in FY2025 versus R$42.4B in FY2021, a compound +16.3%/yr. Reported net income was R$10.8B in FY2025, compounding +7.7%/yr from FY2021.

Revenue +16.3%/yr
FY21 R$42.4B
FY22 R$54.4B
FY23 R$65.4B
FY24 R$71.6B
FY25 R$77.7B
Net income +7.7%/yr
FY21 R$8.1B
FY22 R$7.5B
FY23 R$8.4B
FY24 R$10.1B
FY25 R$10.8B

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Cite: Fair Value Calculator (2026). "American Express Company Fair Value". https://www.fairvalue-calculator.com/stock/AXPB34

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection, not financial advice.

Similar stocks

10 more Credit Services stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Visa Inc V $332.23 $203.53 -39%
Mastercard Incorporated MA $491.08 $280.17 -43%
M4I M4I €430.50 €317.57 -26%
Capital One Financial Corporation COF 3,151 MXN 2,512 MXN -20%
Bajaj Finance Limited BAJFINANCE ₹968.30 ₹720.78 -26%
PayPal Holdings PYPL34 R$11.00 R$3.86 -65%
Shriram Finance Limited SHRIRAMFIN ₹897.35 ₹769.17 -14%
Cholamandalam Investment and Finance Company CHOLAFIN ₹1,719 ₹1,625 -5%
Tata Capital Limited TATACAP ₹314.80 ₹125.28 -60%
Power Finance Corporation PFC ₹431.75 ₹467.63 +8%

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Frequently asked questions

Is American Express Company (AXPB34) undervalued?
As of Jul 16, 2026, our model estimates a fair value of R$20.64 versus a price of R$184.20, about −89% (overvalued). Model-based estimate, not financial advice.
What is the fair value of AXPB34?
Our model-based fair value for American Express Company is R$20.64 (as of Jul 16, 2026), built from audited fundamentals. The current price is R$184.20.
What is the quality score of AXPB34?
American Express Company has a Quality Score of 63/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of American Express Company (AXPB34)?
American Express Company reported trailing-twelve-month revenue of about R$68.8B (latest available figure, as of Jul 16, 2026).
What is the net profit margin of AXPB34?
The net profit margin of American Express Company is about 16.3%, meaning it keeps roughly 16.3% of revenue as net income. Based on the latest reported figures.
Does American Express Company pay a dividend?
American Express Company currently shows a dividend yield of about 2.24% relative to its recent price (as of Jul 16, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.