CBOE Fundamental Data and Metrics

Return on Equity 18.52% ✓ Free Cash-Flow Yield 9.93% ✓ Debt / EBITDA 1.14 ✓ RoIC 15.16% and many other metrics.

VR Fundamental Rating 74.22

VR Piotroski Score 8
Tobins Q Ratio 1.93
Free-Cash-Flow Yield 9.93%
Free-Cash-Flow Margin 52.4%
Net Margin 19.7%
Gross Margin 46%
Current Ratio 1.39
Debt / Equity 0.35
Debt / EBITDA 1.14
Debt / Free-Cash Flow 0.71
Interest Expense / Debt 0.88%
WACC 6.12%
RoE Return on Equity 18.5%
RoCE Return on Cap. Employed 20.2%
RoA Return on Assets 8.95%
RoIC Return on Inv. Cap. 15.2%
Analysts Rating 3.64
Analysts Target Price
(is below last close by
137.50 USD
-30.5%)

VR Piotroski 8

Yes: Net Income (779.3m TTM) is above 10m and higher than 3% of Revenue (3% = 118.7m TTM)
Yes: Free-Cash-Flow (2.07b TTM) is above 1m and higher or similiar to the previous period (1.07b)
Yes: RoA TTM 8.95% (Net Income 779.3m TTM / Total Assets 8.71b) is above 3% and higher or similiar to the previous period 3.04%
Yes: Total Cash from Operating Activities (2.12b TTM) is above 1m and higher than Net Income TTM 779.3m
Yes: Net Debt (821.3m) to EBITDA (1.28b) ratio: 0.64 < 3.5
Yes: Current Ratio 1.39 (Total Current Assets 3.32b / Total Current Liabilities 2.39b) >= 1 and > Current Ratio prev (97%) 1.23 (2.28b / 1.85b)
Warn: Outstanding Shares last Quarter (105.1m) is -0.76% higher/lower than 12m ago (105.9m)
No: Gross Margin 46.03% (Total Revenue 3.96b - Cost Of Revenue 2.13b / Total Revenue) > 15% and similiar or above Gross Margin previous period 49.25%
No: Asset Turnover 45.41% (Total Revenue 3.96b / Total Assets 8.71b) > 10% and similiar or better than previous period 49.27%
Yes: Interest Coverage Ratio 22.05 (EBITDA TTM 1.28b / Interest Expense TTM 51.8m) > 5

VR Altman 5.12

0.11 (A) = (Total Current Assets 3.32b - Total Current Liabilities 2.39b) / Total Assets 8.71b
1.25 (B) = Retained Earnings TTM 10.87b / Total Assets 8.71b
0.13 (C) = EBIT TTM 1.14b / Total Assets 8.71b
2.41 (D) = Book Value of Equity 10.83b / Total Liabilities 4.50b
0.45 (E) = Revenue TTM 3.96b / Total Assets 8.71b
Total Rating: 5.12 = (2.6 * A) + (1.5 * B) + (4.9 * C) + (0.95 * D) + (0.1 * E)

Current Fundamental Values

Market Capitalization = 20.20b USD
Market Capitalization in USD = 20.20b (20.20b USD * 1.0 USDUSD)
CCE Cash And Equivalents = 802.6m (Cash And Short Term Investments, last quarter)
P/E Trailing = 26.3003
P/E Forward = 21.3675
P/S = 5.1075
P/B = 4.8008
Revenue TTM = 3.96b
EBIT TTM = 1.14b
EBITDA TTM = 1.28b
Long Term Debt = 1.44b (last quarter)
Short Term Debt = 20.4m (last quarter)
Net Debt = 821.3m (last quarter)
Debt = 1.46b (Short Term 20.4m + Long Term 1.44b)
Enterprise Value = 20.86b (Market Cap 20.20b + Debt 1.46b - CCE 802.6m)
Interest Coverage Ratio = 22.05 (Ebit TTM 1.28b / Interest Expense TTM 51.8m)
FCF Yield = 9.93% (FCF TTM 2.07b / Enterprise Value 20.86b)
FCF Margin = 52.35% (FCF TTM 2.07b / Revenue TTM 3.96b)
Net Margin = 19.70% (Net Income TTM 779.3m / Revenue TTM 3.96b)
Gross Margin = 46.03% ((Revenue TTM 3.96b - Cost of Revenue TTM 2.13b) / Revenue TTM)
Tobins Q-Ratio = 1.93 (Enterprise Value 20.86b / Book Value Of Equity 10.83b)
Interest Expense / Debt = 0.88% (Interest Expense 12.8m / Debt 1.46b)
Taxrate = 27.32% (Income Tax Expense 286.2m / Income Before Tax 1.05b, last fiscal year)
NOPAT = 856.1m (EBIT 1.14b - Income Tax Expense 286.2m)
Current Ratio = 1.39 (Total Current Assets 3.32b / Total Current Liabilities 2.39b)
Debt / Equity = 0.35 (Debt 1.46b / last Quarter total Stockholder Equity 4.21b)
Debt / EBITDA = 1.14 (Net Debt 821.3m / EBITDA 1.28b)
Debt / FCF = 0.71 (Debt 1.46b / FCF TTM 2.07b)
Total Stockholder Equity = 4.21b (last quarter)
RoA = 8.95%
RoE = 18.52% (Net Income TTM 779.3m / Total Stockholder Equity 4.21b)
RoCE = 20.22% (Ebit 1.14b / Total Stockholder Equity 4.21b + Long Term Debt 1.44b)
RoIC = 15.16% (NOPAT 856.1m / Invested Capital 5.65b)
WACC = 6.12% ((Market Cap / EV) * CAPM 6.52%) + (Debt / EV) * Interest Expense on Debt * (1 - Taxrate)
Shares Correlation 5-Years: -100.0 | Cagr: -0.54%
Discount Rate = 6.12% (= WACC) -> adjusted to the min. Equity Risk Premium 8%
Fair Price DCF = 511.8 (DCF Value 53.57b / Shares Outstanding 104.7m)
Revenue Correlation: 70.36 | Revenue CAGR: 2.47%
EPS Correlation: 76.19 | EPS CAGR: 3.95%