Company Valuation: CME Group

Data adjusted to current consolidation scope
Fiscal Period: September 2020 2021 2022 2023 2024 2025
Market Cap 1 55.26 38.73 44.71 36.17 20.96 18.14
Change - -29.91% 15.43% -19.09% -42.06% -13.47%
Enterprise Value (EV) 1 71.15 53.78 61.51 60.68 41.99 37.37
Change - -24.42% 14.38% -1.35% -30.81% -11%
P/E 650x 22.2x -8.55x -24.7x -8.34x 2.21x
PBR 1.03x 0.67x 0.85x 0.72x 0.44x 0.33x
PEG - 0x 0x 0.3x -0.1x -0x
Capitalization / Revenue 1.89x 9.34x 2.8x 3.08x 0.77x 0.45x
EV / Revenue 2.44x 13x 3.86x 5.16x 1.54x 0.94x
EV / EBITDA 30.6x -59.4x -17.6x 316x -33.1x 18.1x
EV / EBIT 33.3x -42.1x -15.9x -391x -25.7x 19.8x
EV / FCF 21.3x -3.37x -186x - 11.9x 102x
FCF Yield 4.68% -29.6% -0.54% - 8.44% 0.98%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.0001 0.001799 -0.005264 -0.001418 -0.002397 0.0068
Distribution rate - - - - - -
Net sales 1 29.17 4.145 15.96 11.76 27.22 39.93
EBITDA 1 2.323 -0.906 -3.489 0.1922 -1.267 2.069
EBIT 1 2.136 -1.278 -3.869 -0.155 -1.635 1.886
Net income 1 0.178 2.502 -5.148 -1.449 -2.502 8.406
Net Debt 1 15.89 15.04 16.8 24.5 21.02 19.23
Reference price 2 0.0650 0.0400 0.0450 0.0350 0.0200 0.0150
Nbr of stocks (in thousands) 850,211 968,328 993,564 1,033,564 1,048,064 1,209,126
Announcement Date 30/10/20 29/10/21 31/10/22 30/1/24 27/1/25 30/1/26
1MYR in Million2MYR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 2.97M
26.82x4.56x20.38x0.86% 328B
35.37x5.5x29.97x1.02% 173B
15.07x1.16x7.38x4.92% 63.96B
17.42x1.46x12.01x3.17% 53.92B
30.23x4.25x17.73x0.44% 47.35B
15.25x1.56x8.91x2.84% 38.4B
11.09x1.05x10.45x4.71% 34.39B
30.11x4.37x17.51x1.67% 28.77B
12.44x0.41x4.2x3.95% 26.23B
Average 21.53x 2.70x 14.28x 2.62% 79.37B
Weighted average by Cap. 25.70x 3.82x 19.07x 1.75%

Y-o-Y evolution of P/E

Valuation ratios - P/E - CME Group

Historical PBR trend

Valuation ratios - PBR - CME Group

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - CME Group

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - CME Group