Cboe Global Markets, Inc. (CBOE)

BATS: CBOE · IEX Real-Time Price · USD
183.44
+3.27 (1.81%)
At close: Mar 28, 2024, 4:00 PM
183.73
+0.29 (0.16%)
After-hours: Mar 28, 2024, 8:00 PM EDT

Total Valuation

CBOE has a market cap or net worth of $19.40 billion. The enterprise value is $20.39 billion.

Market Cap 19.40B
Enterprise Value 20.39B

Important Dates

The last earnings date was Friday, February 3, 2023, before market open.

Earnings Date Feb 3, 2023
Ex-Dividend Date Feb 28, 2024

Share Statistics

CBOE has 105.58 million shares outstanding. The number of shares has decreased by -0.47% in one year.

Shares Outstanding 105.58M
Shares Change (YoY) -0.47%
Shares Change (QoQ) +0.09%
Owned by Insiders (%) 0.44%
Owned by Institutions (%) 84.88%
Float 105.01M

Valuation Ratios

The trailing PE ratio is 25.73 and the forward PE ratio is 21.33. CBOE's PEG ratio is 1.75.

PE Ratio 25.73
Forward PE 21.33
PS Ratio 5.14
Forward PS 9.24
PB Ratio 4.87
P/FCF Ratio 18.82
PEG Ratio 1.75
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 16.08, with an EV/FCF ratio of 19.78.

EV / Earnings 26.91
EV / Sales 5.40
EV / EBITDA 16.08
EV / EBIT 18.37
EV / FCF 19.78

Financial Position

The company has a current ratio of 1.43, with a Debt / Equity ratio of 0.40.

Current Ratio 1.43
Quick Ratio 0.68
Debt / Equity 0.40
Debt / EBITDA 1.25
Debt / FCF 1.54
Interest Coverage 17.79

Financial Efficiency

Return on equity (ROE) is 20.20% and return on invested capital (ROIC) is 13.79%.

Return on Equity (ROE) 20.20%
Return on Assets (ROA) 10.00%
Return on Capital (ROIC) 13.79%
Revenue Per Employee $2.29M
Profits Per Employee $459,927
Employee Count 1,647
Asset Turnover 0.50
Inventory Turnover n/a

Taxes

In the past 12 months, CBOE has paid $286.20 million in taxes.

Income Tax 286.20M
Effective Tax Rate 27.42%

Stock Price Statistics

The stock price has increased by +39.21% in the last 52 weeks. The beta is 0.60, so CBOE's price volatility has been lower than the market average.

Beta (1Y) 0.60
52-Week Price Change +39.21%
50-Day Moving Average 185.99
200-Day Moving Average 165.47
Relative Strength Index (RSI) 49.32
Average Volume (30 Days) 827,342

Short Selling Information

The latest short interest is 2.55 million, so 2.41% of the outstanding shares have been sold short.

Short Interest 2.55M
Short Previous Month 2.58M
Short % of Shares Out 2.41%
Short % of Float 2.43%
Short Ratio (days to cover) 2.87

Income Statement

In the last 12 months, CBOE had revenue of $3.77 billion and earned $757.50 million in profits. Earnings per share was $7.13.

Revenue 3.77B
Gross Profit 1.92B
Operating Income 1.06B
Pretax Income 1.05B
Net Income 757.50M
EBITDA 1.27B
EBIT 1.11B
Earnings Per Share (EPS) $7.13
Full Income Statement

Balance Sheet

The company has $600.70 million in cash and $1.59 billion in debt, giving a net cash position of -$989.30 million or -$9.37 per share.

Cash & Cash Equivalents 600.70M
Total Debt 1.59B
Net Cash -989.30M
Net Cash Per Share -$9.37
Equity / Book Value 3.99B
Book Value Per Share 37.74
Working Capital 595.90M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.08 billion and capital expenditures -$45.00 million, giving a free cash flow of $1.03 billion.

Operating Cash Flow 1.08B
Capital Expenditures -45.00M
Free Cash Flow 1.03B
FCF Per Share $9.74
Full Cash Flow Statement

Margins

Gross margin is 50.83%, with operating and profit margins of 28.03% and 20.07%.

Gross Margin 50.83%
Operating Margin 28.03%
Pretax Margin 27.76%
Profit Margin 20.07%
EBITDA Margin 33.60%
EBIT Margin 29.42%
FCF Margin 27.31%

Dividends & Yields

This stock pays an annual dividend of $2.20, which amounts to a dividend yield of 1.20%.

Dividend Per Share $2.20
Dividend Yield 1.20%
Dividend Growth (YoY) 8.59%
Years of Dividend Growth 14
Payout Ratio 30.86%
Buyback Yield 0.47%
Shareholder Yield 1.67%
Earnings Yield 3.90%
FCF Yield 5.31%
Dividend Details

Analyst Forecast

The average price target for CBOE is $186.25, which is 1.53% higher than the current price. The consensus rating is "Buy".

Price Target $186.25
Price Target Difference 1.53%
Analyst Consensus Buy
Analyst Count 10
Revenue Growth Forecast (5Y) -12.03%
EPS Growth Forecast (5Y) 10.18%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

CBOE has an Altman Z-Score of 4.88 and a Piotroski F-Score of 7.

Altman Z-Score 4.88
Piotroski F-Score 7