Cboe Global Markets, Inc. (CBOE) on Decifer

Decifer ranks CBOE number 18 of 270 tracked names on durable business quality.

Why it ranks here

• It earns strong returns on the money it puts to work, around 15% and those returns have been improving and it turns most of its profit into real cash.
• Revenue is growing about 15% a year, profits grew 44% over the past year, and growth is speeding up, not slowing down.
• It keeps a high share of every sale as profit, and that has stayed steady over the years, a sign of real pricing power, with profitability widening as it grows.
• and has the balance sheet to fund its growth.
• It is not watering down its owners with new shares and it returns cash to shareholders.
• As one of 3 credible venue suppliers with partial recognition and a green thesis board, 15% revenue growth makes 4 out of 35 momentum a real opportunity.

The current read

The evidence on CBOE lines up on the supportive side: the intelligence feed flags this name as connected to what is moving markets now. The independent signals we track are telling the same story.

Themes

• Electronification of Capital Markets: Trading in equities, options, fixed income and rates is moving structurally onto electronic venues, driving volume and data-monetization growth for exchanges and platform brokers.

Read the full CBOE research brief · See all quality rankings

Intelligence data powered by Decifer. Not financial advice. For informational purposes only.