CME Group (MEX:CME) Cyclically Adjusted FCF per Share: MXN172.57 (As of Mar. 2026)


MEX:CME CME Group Inc MEX:CME
86 GF Score
Price MXN3,860.00
GF Value MXN5,066.76
Valuation Modestly Undervalued
! 3 Warning Signs
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What is CME Group Cyclically Adjusted FCF per Share?

CME Group MEX:CME 86 Cyclically Adjusted FCF per Share is MXN172.57 as of Mar. 2026. GuruFocus rates MEX:CME with a GF Score™ of 86/100 and a GF Value™ of MXN5,066.76 (Modestly Undervalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

CME Group's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN61.470. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is MXN172.57 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CME Group's average Cyclically Adjusted FCF Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of CME Group was 11.90% per year. The lowest was 7.50% per year. And the median was 9.60% per year.

As of today (2026-07-07), CME Group's current stock price is MXN3860.00. CME Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN172.57. CME Group's Cyclically Adjusted Price-to-FCF of today is 22.37.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CME Group was 48.60. The lowest was 24.37. And the median was 33.00.


CME Group  (MEX:CME) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

CME Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3860.00/172.57
=22.37

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CME Group was 48.60. The lowest was 24.37. And the median was 33.00.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


CME Group Cyclically Adjusted FCF per Share Related Terms


CME Group Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for CME Group's Cyclically Adjusted FCF per Share 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.

CME Group Cyclically Adjusted FCF per Share Chart

CME Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.55 126.41 124.18 163.77 158.88

CME Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial 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 166.20 159.01 152.68 158.88 172.57

MEX:CME vs MCO, ICE, NDAQ: Cyclically Adjusted FCF per Share Comparison

For the Financial Data & Stock Exchanges subindustry, CME Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


CME Group Cyclically Adjusted Price-to-FCF vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CME Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CME Group's Cyclically Adjusted Price-to-FCF falls into.


MEX:CME
86GF Score
CME Group Inc MEX:CME
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CME Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, CME Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=61.47/330.2130*330.2130
=61.470

Current CPI (Mar. 2026) = 330.2130.

CME Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 11.155 241.018 15.283
201609 25.964 241.428 35.512
201612 28.596 241.432 39.112
201703 27.661 243.801 37.465
201706 13.099 244.955 17.658
201709 26.231 246.819 35.094
201712 24.884 246.524 33.332
201803 43.016 249.554 56.919
201806 29.480 251.989 38.631
201809 30.238 252.439 39.554
201812 25.342 251.233 33.309
201903 33.595 254.202 43.641
201906 21.518 256.143 27.740
201909 41.460 256.759 53.321
201912 34.383 256.974 44.182
202003 46.725 258.115 59.776
202006 61.199 257.797 78.390
202009 16.208 260.280 20.563
202012 32.743 260.474 41.510
202103 32.711 264.877 40.780
202106 25.520 271.696 31.016
202109 34.361 274.310 41.364
202112 36.625 278.802 43.379
202203 43.001 287.504 49.389
202206 33.587 296.311 37.430
202209 35.484 296.808 39.478
202212 51.961 296.797 57.811
202303 44.507 301.836 48.691
202306 30.045 305.109 32.517
202309 40.532 307.789 43.485
202312 48.305 306.746 52.000
202403 40.260 312.332 42.565
202406 38.624 314.175 40.596
202409 53.231 315.301 55.749
202412 57.439 315.605 60.098
202503 62.608 319.799 64.647
202506 54.347 322.561 55.636
202509 48.336 324.800 49.142
202512 55.049 324.054 56.095
202603 61.470 330.213 61.470

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of MXN172.57 mean?
CME Group (MEX:CME) has a Cyclically Adjusted FCF per Share of MXN172.57 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on CME Group and its competitors.
Is CME Group's Cyclically Adjusted FCF per Share too high?
CME Group's current Cyclically Adjusted FCF per Share is MXN172.57. Overall, CME Group has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CME Group's Cyclically Adjusted FCF per Share compare to MCO and ICE?
CME Group's Cyclically Adjusted FCF per Share of MXN172.57 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Capital Markets company?
A good Cyclically Adjusted FCF per Share depends on the Capital Markets industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on CME Group and its competitors. CME Group's current Cyclically Adjusted FCF per Share is MXN172.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CME Group stock overvalued right now?
Based on GuruFocus' analysis, CME Group (MEX:CME) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN5,066.76, compared to a current price of MXN3,860.00 — trading 23.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN172.57. CME Group's overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For CME Group (MEX:CME), the current Cyclically Adjusted FCF per Share is MXN172.57 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CME Group (MEX:CME) Overvalued in 2026?

Based on GuruFocus' analysis, CME Group stock appears to be undervalued. The current stock price of MXN3,860.00 is trading 23.8% below its estimated GF Value™ of MXN5,066.76. GuruFocus considers CME Group to be Modestly Undervalued.

Key valuation signals for MEX:CME:

  • Cyclically Adjusted FCF per Share: MXN172.57
  • GF Value™: MXN5,066.76 vs. price of MXN3,860.00 (23.8% below fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the MEX:CME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CME Group Business Description

Address 20 South Wacker Drive, Chicago, IL, USA, 60606
Based in Chicago, CME Group operates exchanges giving investors, suppliers, and businesses the ability to trade futures and derivatives based on interest rates, equity indexes, foreign currencies, energy, metals, and commodities. The Chicago Mercantile Exchange was founded in 1898 and in 2002 completed its IPO. Since then, CME Group has consolidated parts of the industry by merging with crosstown rival CBOT Holdings in 2007 before acquiring Nymex Holdings in 2008 and NEX in 2018. In addition, the company has a 27% stake in S&P Dow Jones Indexes, making the Chicago Mercantile Exchange the exclusive venue to trade and clear S&P futures contracts. Through CME's acquisition of NEX, it also expanded into cash foreign exchange, fixed-income trading, and collateral optimization.
86GF Score

Get the complete analysis for MEX:CME

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,860.00
Price
MXN5,066.76
GF Value