Cme Group Stock Fair Value Calculator – CME Group Sees 5% Increase in Average Daily Volume for 2023
January 4, 2024
☀️Trending News
The CME ($NASDAQ:CME) Group, one of the world’s leading derivatives marketplaces, has announced that its average daily volume for 2023 has increased by 5%. This is a major achievement for the company, which provides futures and options on a wide range of asset classes across global markets. CME Group is committed to providing a secure, liquid and transparent marketplace for investors and traders. It is one of the most widely-recognized companies in the world, providing investors with access to a diverse range of financial markets. CME Group’s products are available through both traditional exchange-based trading and electronic trading platforms. The company also offers a variety of risk management services to clients, including pricing analytics, market data and analytics, and portfolio management.
The 5% increase in average daily volume for 2023 is a testament to CME Group’s commitment to providing the most innovative and secure marketplace for investors and traders. This significant increase in volume is reflective of CME Group’s commitment to providing investors with access to a wide range of markets and products. With the continued growth of its business, CME Group is well-positioned to continue to provide investors with access to sophisticated financial products and services.
Analysis – Cme Group Stock Fair Value Calculator
At GoodWhale, we have conducted an analysis of CME GROUP‘s wellbeing. We are pleased to present the results of our research to you. Upon careful consideration of CME GROUP’s fundamentals, our proprietary Valuation Line assessed that the intrinsic value of the company’s share is around $209.1. Currently, CME GROUP stock is traded at a fair price of $201.4, undervalued by 3.7%. This provides investors with an opportunity to buy a share below its intrinsic value, offering them the possibility of achieving a good return on their investment. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cme Group. More…
| Total Revenues | Net Income | Net Margin |
| 5.35k | 3.01k | -19.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cme Group. More…
| Operations | Investing | Financing |
| 3.39k | 15.6 | -56.02k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cme Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 125.6k | 97.45k | 78.2 |
Key Ratios Snapshot
Some of the financial key ratios for Cme Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.8% | 6.3% | 77.3% |
| FCF Margin | ROE | ROA |
| 61.9% | 9.2% | 2.1% |
Peers
CME Group Inc is a Chicago-based financial markets company. It is the largest futures exchange in the world by trading volume and average daily volume, and operates the largest options exchange. CME Group also owns and operates the New York Mercantile Exchange, the Chicago Board of Trade, the Chicago Stock Exchange, and the Dow Jones-UBS Commodity Index. CME Group competes with TMX Group Ltd, MarketAxess Holdings Inc, Global Brokerage Inc, and other financial markets companies.
– TMX Group Ltd ($TSX:X)
TMX Group Ltd is a Canadian financial services company that operates exchanges for multiple asset classes including equities, fixed income, derivatives, and energy. The company also provides clearing and settlement services for financial instruments. TMX Group Ltd has a market cap of 7.19B as of 2022 and a Return on Equity of 13.93%. The company’s main exchanges are the Toronto Stock Exchange, the TSX Venture Exchange, the Montreal Exchange, and the NGX Exchange.
– MarketAxess Holdings Inc ($NASDAQ:MKTX)
As of 2022, MarketAxess Holdings Inc has a market cap of 8.79B and a Return on Equity of 20.2%. The company operates an electronic trading platform that enables fixed-income market participants to trade corporate bonds and other types of fixed-income instruments.
– Global Brokerage Inc ($OTCPK:GLBR)
Global Brokerage Inc is a financial services company that offers online brokerages and related services to customers around the world. The company has a market capitalization of $137,000 as of 2022 and a return on equity of -19.36%. Global Brokerage Inc provides its customers with access to a variety of financial markets, including equities, options, futures, and foreign exchange. The company offers its services through a variety of online platforms and mobile apps.
Summary
CME Group, one of the largest global exchanges, recently reported a 5% increase in its 2023 average daily volume. This news did not seem to be enough to cause a significant shift in CME Group stock price. For investors, this news can be seen as an indication of the company’s solid performance and potential for future growth. CME Group has a robust business model that allows for efficient trading and settlement of numerous products.
It also provides a wide array of services to facilitate trading, such as order routing and market data services. As of now, CME Group’s stock price appears to be relatively attractive given its strong fundamentals and outlook of increasing volume. For investors looking to add this stock to their portfolio, it may be a good opportunity to capitalize on the company’s potential.
