Why does Discover have such a low multiple?
DFS has a multiple of 10.22
V has a multiple of 17.13
MA has a multiple of 18.62
DFS has the highest growth rate. DFS is the only one to return to its pre-crisis dividend levels. DFS has the highest growth rate. DFS has full control over its operations. DFS is the least accepted card, so it has more opportunities for growth. From personal experience it has the best customer experience. Plus it has that fast growing student loan segment.
Doesn't DFS deserve a multiple of at least 13-14?