Discounted Cash Flow
Cboe Global Markets, Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $656.9m | $186.8m | $229.6m | 28.4% | $2.27 |
| 2017 | $2.2b (239.3%) | $401.7m (115.0%) | $336.9m (46.8%) | 18.0% (-36.6%) | $3.70 (63.0%) |
| 2018 | $2.8b (24.2%) | $426.5m (6.2%) | $498.4m (47.9%) | 15.4% (-14.5%) | $3.78 (2.2%) |
| 2019 | $2.5b (-9.8%) | $374.9m (-12.1%) | $597.7m (19.9%) | 15.0% (-2.5%) | $3.35 (-11.4%) |
| 2020 | $3.4b (37.3%) | $468.2m (24.9%) | $1.4b (136.1%) | 13.7% (-9.0%) | $4.28 (27.8%) |
| 2021 | $3.5b (2.0%) | $529.0m (13.0%) | $545.8m (-61.3%) | 15.1% (10.8%) | $4.93 (15.2%) |
| 2022 | $4.0b (13.3%) | $234.1m (-55.7%) | $591.3m (8.3%) | 5.9% (-60.9%) | $2.20 (-55.4%) |
| 2023 | $3.8b (-4.7%) | $757.5m (223.6%) | $1.0b (74.3%) | 20.1% (239.4%) | $7.16 (225.5%) |
| 2024 | $4.1b (8.5%) | $761.0m (0.5%) | $1.0b (0.9%) | 18.6% (-7.4%) | $7.24 (1.1%) |
| 2025 | $4.7b (15.1%) | $1.1b (44.5%) | $1.7b (61.7%) | 23.3% (25.5%) | $10.46 (44.5%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.