Valuation
26% of the score
29median 13
CME Group is valued at 20.1x its operating profit, including debt: a rich multiple.
25x
20x
15x
10x
6x
20.1x
Full points at 6x or less, none from 25xfull points
CMECME Group
$263.24+4.4% 1Y
$263.24
$231.6852 weeks$317.19
RyuScore
Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
RyuScore 55 out of 100, Average
Today's price. Only valuation depends on it.
Average. CME Group scores higher than 57% of the 1,794 companies Ryufin scores.
Carried by return on new capital and the balance sheet, held back by valuation and return on capital.
Financial Services median 58 · all companies 50
Return on capital
18% of the score
40median 34
Over 7 years the business earned 7.3% a year after tax on the capital it uses.
2%
8%
15%
25%
7.3%
None at 2% or less, full points from 25%full points
7 years agolatest 9.6%
Return on new capital
16% of the score
77median 49
For every dollar of operating profit earned over 6 years, yearly profit grew by 8 cents. It did so while using less capital than before.
-5%
12%
8.2%
None at minus 5 cents, full points from 12 centsfull points
Capital allocation
14% of the score
60median 64
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Share countFlat over 5 years
615%
-3%
0.1%
0 pointsfull points
Assets against salesAssets grew 9.7% a year, sales 5.9%
5912%
-2%
3.8%
0 pointsfull points
Cycle position
12% of the score
60median 62
Today's operating margin of 65% is 1.07x its normal 61%: close to its usual level. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.
2x
1.5x
1x
0.7x
1.1x
A trough earns points, a peak costs themfull points
10 years agonow 65%
Balance sheet
8% of the score
100median 50
What the debt weighs against the profit that has to carry it.
Net debt to EBITDAMore cash than debt
100Interest coverOperating profit covers interest 24x
1001.5x
12x
24.4x
0 pointsfull points
Earnings quality
6% of the score
64median 90
Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.
Cash against profitOperating cash flow was 1.05x profit over 3 years
670.7x
1x
1.3x
1.1x
0 pointsfull points
AccrualsCash ran ahead of profit by 0.1% of assets
618%
0%
-8%
-0.1%
0 pointsfull points
How the RyuScore works
Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.
Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there.
Financial Services
Ranks #31 of 52 by RyuScore