Cboe Global Markets Stock Current Valuation
| CBOE Stock | USD 179.39 0.57 0.32% |
Valuation analysis of Cboe Global Markets helps investors to measure Cboe Global's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of April 24, 2024, Enterprise Value Over EBITDA is expected to decline to 11.23. In addition to that, Enterprise Value Multiple is expected to decline to 11.23. Fundamental drivers impacting Cboe Global's valuation include:
Price Book 4.7264 | Enterprise Value 20 B | Enterprise Value Ebitda 15.6506 | Price Sales 4.9913 | Forward PE 21.4592 |
Fairly Valued
Today
Please note that Cboe Global's price fluctuation is very steady at this time. Calculation of the real value of Cboe Global Markets is based on 3 months time horizon. Increasing Cboe Global's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Cboe Global Markets is useful when determining the fair value of the Cboe stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Cboe Global. Since Cboe Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Cboe Stock. However, Cboe Global's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 179.39 | Real 182.74 | Target 137.5 | Hype 178.82 | Naive 175.06 |
The real value of Cboe Stock, also known as its intrinsic value, is the underlying worth of Cboe Global Markets Company, which is reflected in its stock price. It is based on Cboe Global's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Cboe Global's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Cboe Global's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Cboe Global Markets helps investors to forecast how Cboe stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Cboe Global more accurately as focusing exclusively on Cboe Global's fundamentals will not take into account other important factors: Cboe Global Markets Company Current Valuation Analysis
Cboe Global's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Cboe Global Current Valuation | 20.01 B |
Most of Cboe Global's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cboe Global Markets is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cboe Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Cboe Global is extremely important. It helps to project a fair market value of Cboe Stock properly, considering its historical fundamentals such as Current Valuation. Since Cboe Global's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cboe Global's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cboe Global's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Cboe Global Markets has a Current Valuation of 20.01 B. This is 39.02% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The current valuation for all United States stocks is 20.39% lower than that of the firm.
Cboe Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cboe Global's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cboe Global could also be used in its relative valuation, which is a method of valuing Cboe Global by comparing valuation metrics of similar companies.Cboe Global is currently under evaluation in current valuation category among related companies.
Cboe Global ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cboe Global's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cboe Global's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Cboe Fundamentals
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0907 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 20.01 B | ||||
| Shares Outstanding | 105.51 M | ||||
| Shares Owned By Insiders | 0.42 % | ||||
| Shares Owned By Institutions | 84.92 % | ||||
| Number Of Shares Shorted | 2.55 M | ||||
| Price To Earning | 30.08 X | ||||
| Price To Book | 4.73 X | ||||
| Price To Sales | 4.99 X | ||||
| Revenue | 3.77 B | ||||
| Gross Profit | 1.74 B | ||||
| EBITDA | 1.22 B | ||||
| Net Income | 757.5 M | ||||
| Cash And Equivalents | 441.8 M | ||||
| Cash Per Share | 4.16 X | ||||
| Total Debt | 1.61 B | ||||
| Debt To Equity | 0.65 % | ||||
| Current Ratio | 1.21 X | ||||
| Book Value Per Share | 37.76 X | ||||
| Cash Flow From Operations | 793 M | ||||
| Short Ratio | 2.87 X | ||||
| Earnings Per Share | 7.13 X | ||||
| Price To Earnings To Growth | 1.75 X | ||||
| Target Price | 195.54 | ||||
| Number Of Employees | 1.65 K | ||||
| Beta | 0.59 | ||||
| Market Capitalization | 18.87 B | ||||
| Total Asset | 7.72 B | ||||
| Retained Earnings | 2.53 B | ||||
| Working Capital | 595.9 M | ||||
| Current Asset | 204.12 M | ||||
| Current Liabilities | 74 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.33 % | ||||
| Net Asset | 7.72 B | ||||
| Last Dividend Paid | 2.1 |
About Cboe Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cboe Global Markets's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cboe Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cboe Global Markets based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Cboe Global Implied Volatility | 31.08 |
Cboe Global's implied volatility exposes the market's sentiment of Cboe Global Markets stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cboe Global's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cboe Global stock will not fluctuate a lot when Cboe Global's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cboe Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cboe Global's short interest history, or implied volatility extrapolated from Cboe Global options trading.
Pair Trading with Cboe Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cboe Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cboe Global will appreciate offsetting losses from the drop in the long position's value.Moving against Cboe Stock
| 0.64 | NDAQ | Nasdaq Inc Earnings Call Tomorrow | PairCorr |
| 0.5 | C | Citigroup Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Cboe Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cboe Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cboe Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cboe Global Markets to buy it.
The correlation of Cboe Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cboe Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cboe Global Markets moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cboe Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Cboe Global Piotroski F Score and Cboe Global Altman Z Score analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Cboe Stock analysis
When running Cboe Global's price analysis, check to measure Cboe Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cboe Global is operating at the current time. Most of Cboe Global's value examination focuses on studying past and present price action to predict the probability of Cboe Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cboe Global's price. Additionally, you may evaluate how the addition of Cboe Global to your portfolios can decrease your overall portfolio volatility.
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Is Cboe Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cboe Global. If investors know Cboe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cboe Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.326 | Dividend Share 2.1 | Earnings Share 7.13 | Revenue Per Share 35.666 | Quarterly Revenue Growth (0.04) |
The market value of Cboe Global Markets is measured differently than its book value, which is the value of Cboe that is recorded on the company's balance sheet. Investors also form their own opinion of Cboe Global's value that differs from its market value or its book value, called intrinsic value, which is Cboe Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cboe Global's market value can be influenced by many factors that don't directly affect Cboe Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cboe Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cboe Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cboe Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.