Cboe Global Markets Inc CBOE

Morningstar Rating
MX$4,961.67 +361.67 (7.86%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CBOE is trading at a LOCK|#qrk<T premium.
Price
MX$4,961.67
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

News

Trading Information

Previous Close Price
MX$4,600.00
Day Range
MX$4,961.67–4,961.67
52-Week Range
MX$4,284.44–6,055.00
Bid/Ask
MX$6,067.21 / MX$6,446.39
Shares Outstanding
104.33M
Market Cap
$518.15B
Volume/Avg
657 / 2,292

Key Statistics

Price/Earnings (Normalized)
21.23
Price/Sales
5.59
Dividend Yield (Trailing)
1.07%
Dividend Yield (Forward)
1.30%
Dividend Payment Schedule
Mar, Jun, Sep, Dec
Total Yield
1.42%

Company Profile

Founded in 1973, Cboe controls the largest option exchange in the US, which provides around 60% of the firm's revenue. The company is best known for its proprietary S&P 500 and VIX index options, which it offers through an exclusive contract with S&P Global. The firm moved into US and European equities through the $3.4 billion acquisition of BATS in 2017. Cboe has continued to look to expand internationally, using acquisitions to build a presence in both Canada and Australia.
Sector
Financial Services
Industry
Financial Data & Stock Exchanges
Stock Style Box
Mid Growth
Total Number of Employees
1,661

Competitors

Valuation

Metric
CBOE
ICE
CME
Price/Earnings (Normalized)
21.2322.0125.58
Price/Book Value
4.843.154.08
Price/Sales
5.596.8215.69
Price/Cash Flow
17.7316.7424.04
Price/Earnings
CBOE
ICE
CME

Financial Strength

Metric
CBOE
ICE
CME
Quick Ratio
0.810.050.02
Current Ratio
1.611.031.02
Interest Coverage
37.727.4434.10
Quick Ratio
CBOE
ICE
CME

Profitability

Metric
CBOE
ICE
CME
Return on Assets (Normalized)
14.26%2.80%2.25%
Return on Equity (Normalized)
27.13%15.44%16.04%
Return on Invested Capital (Normalized)
20.76%10.06%14.69%
Return on Assets
CBOE
ICE
CME

Financial Data & Stock Exchanges Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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SPGI
LOCK|@$>l^wyLOCK|%r$135B
CME Group Inc Class A
CME
LOCK|&$K<mgLOCK|kD$109B
Intercontinental Exchange Inc
ICE
LOCK|<#T<@!J^LOCK|JTr$94B
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MCO
LOCK|$Lf<#YCLOCK|F&t$85B
Nasdaq Inc
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LOCK|&WT^SL@LOCK|jc@v$59B
MSCI Inc
MSCI
LOCK|%Zw@^r<KLOCK|BP#$45B
Coinbase Global Inc Ordinary Shares - Class A
COIN
LOCK|xx?ppx#LOCK|<@#$38B
Cboe Global Markets Inc
CBOE
LOCK|bXc@hJLOCK|^Nv>$35B
TransUnion
TRU
LOCK|!Jy^&SQLOCK|qLTlG$15B
FactSet Research Systems Inc
FDS
LOCK|?bLYJsvLOCK|Q#$12B

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