CBOE GLOBAL MARKETS INC (CBOE) Stock Fundamental Analysis
USA - NYSEARCA:CBOE - US12503M1080 - Common Stock
255.935 USD
-3.18 (-1.23%)
Overall CBOE gets a fundamental rating of 6 out of 10. We evaluated CBOE against 237 industry peers in the Capital Markets industry. Both the health and profitability get an excellent rating, making CBOE a very profitable company, without any liquidiy or solvency issues. While showing a medium growth rate, CBOE is valued expensive at the moment. These ratings would make CBOE suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year CBOE was profitable.
CBOE had a positive operating cash flow in the past year.
Each year in the past 5 years CBOE has been profitable.
In the past 5 years CBOE always reported a positive cash flow from operatings.
1.2 Ratios
CBOE has a better Return On Assets (10.79%) than 90.72% of its industry peers.
Looking at the Return On Equity, with a value of 20.02%, CBOE belongs to the top of the industry, outperforming 88.19% of the companies in the same industry.
With an excellent Return On Invested Capital value of 14.39%, CBOE belongs to the best of the industry, outperforming 90.30% of the companies in the same industry.
CBOE had an Average Return On Invested Capital over the past 3 years of 12.77%. This is significantly above the industry average of 7.11%.
The 3 year average ROIC (12.77%) for CBOE is below the current ROIC(14.39%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.79% | ||
| ROE | 20.02% | ||
| ROIC | 14.39% |
ROA(3y)7.74%
ROA(5y)7.63%
ROE(3y)14.52%
ROE(5y)14.42%
ROIC(3y)12.77%
ROIC(5y)11.7%
1.3 Margins
With a Profit Margin value of 21.18%, CBOE perfoms like the industry average, outperforming 58.65% of the companies in the same industry.
In the last couple of years the Profit Margin of CBOE has grown nicely.
CBOE has a Operating Margin (29.97%) which is in line with its industry peers.
CBOE's Operating Margin has improved in the last couple of years.
CBOE has a Gross Margin (49.43%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of CBOE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.97% | ||
| PM (TTM) | 21.18% | ||
| GM | 49.43% |
OM growth 3Y7.05%
OM growth 5Y4.21%
PM growth 3Y7.2%
PM growth 5Y4.48%
GM growth 3Y6.22%
GM growth 5Y2.13%
2. Health
2.1 Basic Checks
CBOE has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CBOE has less shares outstanding
Compared to 1 year ago, CBOE has an improved debt to assets ratio.
2.2 Solvency
CBOE has an Altman-Z score of 5.63. This indicates that CBOE is financially healthy and has little risk of bankruptcy at the moment.
CBOE's Altman-Z score of 5.63 is amongst the best of the industry. CBOE outperforms 88.19% of its industry peers.
The Debt to FCF ratio of CBOE is 2.34, which is a good value as it means it would take CBOE, 2.34 years of fcf income to pay off all of its debts.
CBOE has a Debt to FCF ratio of 2.34. This is amongst the best in the industry. CBOE outperforms 84.81% of its industry peers.
CBOE has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
CBOE has a Debt to Equity ratio of 0.30. This is in the better half of the industry: CBOE outperforms 72.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.34 | ||
| Altman-Z | 5.63 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.72 indicates that CBOE should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.72, CBOE is in the better half of the industry, outperforming 69.20% of the companies in the same industry.
A Quick Ratio of 1.72 indicates that CBOE should not have too much problems paying its short term obligations.
CBOE's Quick ratio of 1.72 is fine compared to the rest of the industry. CBOE outperforms 69.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.72 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.40% over the past year.
Measured over the past years, CBOE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.71% on average per year.
CBOE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.74%.
Measured over the past years, CBOE shows a quite strong growth in Revenue. The Revenue has been growing by 10.40% on average per year.
EPS 1Y (TTM)13.4%
EPS 3Y12.46%
EPS 5Y12.71%
EPS Q2Q%20.27%
Revenue 1Y (TTM)16.74%
Revenue growth 3Y5.42%
Revenue growth 5Y10.4%
Sales Q2Q%13.82%
3.2 Future
CBOE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.72% yearly.
The Revenue is expected to grow by 6.76% on average over the next years.
EPS Next Y17.66%
EPS Next 2Y11.56%
EPS Next 3Y9.97%
EPS Next 5Y9.72%
Revenue Next Year19.05%
Revenue Next 2Y8.29%
Revenue Next 3Y6.97%
Revenue Next 5Y6.76%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CBOE is valuated quite expensively with a Price/Earnings ratio of 26.30.
CBOE's Price/Earnings ratio is a bit more expensive when compared to the industry. CBOE is more expensive than 70.04% of the companies in the same industry.
CBOE's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.46.
A Price/Forward Earnings ratio of 23.86 indicates a rather expensive valuation of CBOE.
64.98% of the companies in the same industry are cheaper than CBOE, based on the Price/Forward Earnings ratio.
CBOE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 35.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.3 | ||
| Fwd PE | 23.86 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CBOE is valued a bit cheaper than the industry average as 73.84% of the companies are valued more expensively.
CBOE's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.5 | ||
| EV/EBITDA | 17.9 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
CBOE has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.49
PEG (5Y)2.07
EPS Next 2Y11.56%
EPS Next 3Y9.97%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.11%, CBOE has a reasonable but not impressive dividend return.
CBOE's Dividend Yield is slightly below the industry average, which is at 8.42.
Compared to an average S&P500 Dividend Yield of 2.44, CBOE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
5.2 History
The dividend of CBOE is nicely growing with an annual growth rate of 11.94%!
CBOE has paid a dividend for at least 10 years, which is a reliable track record.
CBOE has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)11.94%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
CBOE pays out 28.10% of its income as dividend. This is a sustainable payout ratio.
The dividend of CBOE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP28.1%
EPS Next 2Y11.56%
EPS Next 3Y9.97%
NYSEARCA:CBOE (11/19/2025, 2:58:27 PM)
255.935
-3.18 (-1.23%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners91.05%
Inst Owner Change-2.57%
Ins Owners0.18%
Ins Owner Change-0.61%
Market Cap26.77B
Revenue(TTM)4.62B
Net Income(TTM)978.20M
Analysts67.2
Price Target254.59 (-0.53%)
Short Float %2.63%
Short Ratio3.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
Yearly Dividend2.37
Dividend Growth(5Y)11.94%
DP28.1%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.59%
Min EPS beat(2)-0.39%
Max EPS beat(2)3.58%
EPS beat(4)2
Avg EPS beat(4)1.1%
Min EPS beat(4)-2.44%
Max EPS beat(4)3.67%
EPS beat(8)4
Avg EPS beat(8)0.79%
EPS beat(12)6
Avg EPS beat(12)1.06%
EPS beat(16)9
Avg EPS beat(16)1.51%
Revenue beat(2)1
Avg Revenue beat(2)0.36%
Min Revenue beat(2)-0.08%
Max Revenue beat(2)0.79%
Revenue beat(4)1
Avg Revenue beat(4)-0.64%
Min Revenue beat(4)-2.22%
Max Revenue beat(4)0.79%
Revenue beat(8)1
Avg Revenue beat(8)-1.66%
Revenue beat(12)2
Avg Revenue beat(12)7.8%
Revenue beat(16)6
Avg Revenue beat(16)37.26%
PT rev (1m)0.47%
PT rev (3m)2.45%
EPS NQ rev (1m)2.91%
EPS NQ rev (3m)4.49%
EPS NY rev (1m)2.29%
EPS NY rev (3m)6.83%
Revenue NQ rev (1m)1.88%
Revenue NQ rev (3m)2.71%
Revenue NY rev (1m)7.15%
Revenue NY rev (3m)8.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.3 | ||
| Fwd PE | 23.86 | ||
| P/S | 5.8 | ||
| P/FCF | 43.5 | ||
| P/OCF | 38.79 | ||
| P/B | 5.48 | ||
| P/tB | 75.92 | ||
| EV/EBITDA | 17.9 |
EPS(TTM)9.73
EY3.8%
EPS(NY)10.73
Fwd EY4.19%
FCF(TTM)5.88
FCFY2.3%
OCF(TTM)6.6
OCFY2.58%
SpS44.15
BVpS46.71
TBVpS3.37
PEG (NY)1.49
PEG (5Y)2.07
Graham Number101.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.79% | ||
| ROE | 20.02% | ||
| ROCE | 20.09% | ||
| ROIC | 14.39% | ||
| ROICexc | 18.5% | ||
| ROICexgc | 119.91% | ||
| OM | 29.97% | ||
| PM (TTM) | 21.18% | ||
| GM | 49.43% | ||
| FCFM | 13.32% |
ROA(3y)7.74%
ROA(5y)7.63%
ROE(3y)14.52%
ROE(5y)14.42%
ROIC(3y)12.77%
ROIC(5y)11.7%
ROICexc(3y)14.51%
ROICexc(5y)13.02%
ROICexgc(3y)215.12%
ROICexgc(5y)200.85%
ROCE(3y)17.83%
ROCE(5y)16.33%
ROICexgc growth 3Y-2.22%
ROICexgc growth 5Y-10.76%
ROICexc growth 3Y12.13%
ROICexc growth 5Y11.22%
OM growth 3Y7.05%
OM growth 5Y4.21%
PM growth 3Y7.2%
PM growth 5Y4.48%
GM growth 3Y6.22%
GM growth 5Y2.13%
F-Score7
Asset Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.34 | ||
| Debt/EBITDA | 0.96 | ||
| Cap/Depr | 60.71% | ||
| Cap/Sales | 1.62% | ||
| Interest Coverage | 14.57 | ||
| Cash Conversion | 45.79% | ||
| Profit Quality | 62.9% | ||
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.72 | ||
| Altman-Z | 5.63 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)36.71%
Cap/Depr(5y)34.1%
Cap/Sales(3y)1.4%
Cap/Sales(5y)1.41%
Profit Quality(3y)175.09%
Profit Quality(5y)186.2%
High Growth Momentum
Growth
EPS 1Y (TTM)13.4%
EPS 3Y12.46%
EPS 5Y12.71%
EPS Q2Q%20.27%
EPS Next Y17.66%
EPS Next 2Y11.56%
EPS Next 3Y9.97%
EPS Next 5Y9.72%
Revenue 1Y (TTM)16.74%
Revenue growth 3Y5.42%
Revenue growth 5Y10.4%
Sales Q2Q%13.82%
Revenue Next Year19.05%
Revenue Next 2Y8.29%
Revenue Next 3Y6.97%
Revenue Next 5Y6.76%
EBIT growth 1Y17.72%
EBIT growth 3Y12.85%
EBIT growth 5Y15.05%
EBIT Next Year19.33%
EBIT Next 3Y9.76%
EBIT Next 5Y9.41%
FCF growth 1Y-42.26%
FCF growth 3Y23.96%
FCF growth 5Y11.71%
OCF growth 1Y-38.44%
OCF growth 3Y22.63%
OCF growth 5Y11.71%
CBOE GLOBAL MARKETS INC / CBOE FAQ
Can you provide the ChartMill fundamental rating for CBOE GLOBAL MARKETS INC?
ChartMill assigns a fundamental rating of 6 / 10 to CBOE.
What is the valuation status of CBOE GLOBAL MARKETS INC (CBOE) stock?
ChartMill assigns a valuation rating of 3 / 10 to CBOE GLOBAL MARKETS INC (CBOE). This can be considered as Overvalued.
Can you provide the profitability details for CBOE GLOBAL MARKETS INC?
CBOE GLOBAL MARKETS INC (CBOE) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for CBOE stock?
The Price/Earnings (PE) ratio for CBOE GLOBAL MARKETS INC (CBOE) is 26.3 and the Price/Book (PB) ratio is 5.48.
What is the financial health of CBOE GLOBAL MARKETS INC (CBOE) stock?
The financial health rating of CBOE GLOBAL MARKETS INC (CBOE) is 7 / 10.