Microsoft Corporation
12.20xPrice / tangible book
Market cap
$3.71T
Tangible equity
$304.13B
Price / tangible book
12.20x
Price / book
8.39x
Return on equity
30.2%
Return on assets
17.6%
Efficiency ratio
—
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt cap
Decision snapshot: MSFT stock price at premium vs V $499.74 current versus $157.53 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at V's multiple
Implied fair value · at MSFT's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Filter, sort, and scan the equity metrics that matter most for banks: book value, tangible book, returns, and operating efficiency.
Multiple premium
Multiple premium
Profitability lag
Asset efficiency lag
Lower is better
Statements
Bank-focused income statement and equity metrics aligned to the reporting windows.
SEC periods: MSFT FY 2026 (ended Jun 30, 2026) · V FY 2025 (ended Sep 30, 2025). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Tangible book and profitability anchor a bank, not enterprise value.
Deposits and cash-like balances distort enterprise value for banks, so this section reads equity value, tangible book and profitability instead.
Price / tangible book
Market cap
$3.71T
Tangible equity
$304.13B
Price / tangible book
12.20x
Price / book
8.39x
Return on equity
30.2%
Return on assets
17.6%
Efficiency ratio
—
Price / tangible book
Market cap
$176.03B
Tangible equity
-$9.62B
Price / tangible book
N/M
Price / book
4.64x
Return on equity
52.9%
Return on assets
20.1%
Efficiency ratio
—
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
MICROSOFT CORPORATION · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
VISA INC. · implied price per share
Bank model off — standard DCF modelling is disabled for financial institutions.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.11x
0.66x
Net debt / EBITDA
Leverage against operating earnings
-0.13x
0.32x
Cash and equivalents
Liquid reserves on the balance sheet
$76.84B
$17.16B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider banking comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
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MSFT vs AAPL
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MSFT vs ADBE
NVIDIA CORP
MSFT vs NVDA
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MSFT vs CSCO
Mastercard Incorporated
MSFT vs MA
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MSFT vs PYPL
American Express Company
MSFT vs AXP
Block, Inc.
MSFT vs SQ
$49.52B
$25.17B
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe MSFT can sustain high-teens revenue growth and protect its current margin profile, then hold rather than aggressively sell, because the balance sheet and quality metrics are strong even though the stock screens expensive versus V and below the DCF range.
MSFT trades at 26.9x P/E and 10.9x P/S versus V at 8.6x P/E and 4.3x P/S, so the comparison model shows a large valuation gap in favor of V. The implied price of $153.87 versus MSFT’s current $487.65 suggests -68.4% downside on this framework, but that is partly distorted by using V as V despite material differences in business mix and profitability profile.
Supporting Metrics