GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cboe Global Markets Inc (BATS:CBOE) » Definitions » Enterprise Value

Cboe Global Markets (Cboe Global Markets) Enterprise Value

: $19,681 Mil (As of Today)
View and export this data going back to 2010. Start your Free Trial

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Cboe Global Markets's Enterprise Value is $19,681 Mil. Cboe Global Markets's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,110 Mil. Therefore, Cboe Global Markets's EV-to-EBIT ratio for today is 17.73.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Cboe Global Markets's Enterprise Value is $19,681 Mil. Cboe Global Markets's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1,268 Mil. Therefore, Cboe Global Markets's EV-to-EBITDA ratio for today is 15.52.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Cboe Global Markets's Enterprise Value is $19,681 Mil. Cboe Global Markets's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $3,774 Mil. Therefore, Cboe Global Markets's EV-to-Revenue ratio for today is 5.22.


Cboe Global Markets Enterprise Value Historical Data

The historical data trend for Cboe Global Markets's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cboe Global Markets Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13,892.84 10,989.98 14,956.14 14,640.57 19,853.18

Cboe Global Markets Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,640.57 15,544.75 15,788.60 17,712.30 19,853.18

Competitive Comparison

For the Financial Data & Stock Exchanges subindustry, Cboe Global Markets's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cboe Global Markets Enterprise Value Distribution

For the Capital Markets industry and Financial Services sector, Cboe Global Markets's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Cboe Global Markets's Enterprise Value falls into.



Cboe Global Markets Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Cboe Global Markets's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Cboe Global Markets's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cboe Global Markets  (BATS:CBOE) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Cboe Global Markets's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=19681.382/1110
=17.73

Cboe Global Markets's current Enterprise Value is $19,681 Mil.
Cboe Global Markets's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,110 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Cboe Global Markets's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=19681.382/1268
=15.52

Cboe Global Markets's current Enterprise Value is $19,681 Mil.
Cboe Global Markets's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,268 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Cboe Global Markets's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=19681.382/3773.5
=5.22

Cboe Global Markets's current Enterprise Value is $19,681 Mil.
Cboe Global Markets's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,774 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cboe Global Markets Enterprise Value Related Terms

Thank you for viewing the detailed overview of Cboe Global Markets's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Cboe Global Markets (Cboe Global Markets) Business Description

Traded in Other Exchanges
Address
433 West Van Buren Street, Chicago, IL, USA, 60607
Cboe Global Markets, Inc is a provider of market infrastructure and tradable products, delivers cutting-edge trading, clearing and investment solutions to market participants around the world. The Company is committed to operating a trusted, inclusive global marketplace, and to providing leading products, technology and data solutions that enable participants to define a sustainable financial future. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives, FX, and digital assets, across North America, Europe, and Asia Pacific.
Executives
Christopher A Isaacson officer: EVP, CIO 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Catherine R Clay officer: EVP, Data and Access Solutions 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Stephanie Foley officer: EVP, CHRO 433 W. VAN BUREN ST., CHICAGO IL 60607
Adam Inzirillo officer: EVP, DATA AND ACCESS SOLUTIONS 433 W. VAN BUREN ST., CHICAGO IL 60607
Dave Howson officer: President, Europe 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Jill R Goodman director 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Edward T Tilly officer: Executive Vice Chairman 433 W. VAN BUREN STREET, CHICAGO IL 60607
John P Sexton officer: EVP, GC and Corp Sec 433 W. VAN BUREN STREET, CHICAGO IL 60607
Joseph P Ratterman director C/O LABONE, INC., 10101 RENNER BOULEVARD, LENEXA KS 66219
Brian N Schell officer: Executive VP, CFO & Treasurer 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Jill Griebenow officer: SVP, CAO 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Ivan K Fong director 3M CENTER, ST. PAUL MN 55144-1000
Janet P Froetscher director CBOE GLOBAL MARKETS, 433 W. VAN BUREN ST., CHICAGO IL 60607
Michael L Richter director 8050 MARSHALL DRIVE, SUITE 120, LENEXA KS 66214
Eric S Crampton officer: Executive VP, CTO 400 SOUTH LASALLE STREET, CHICAGO IL 60605