CME Group Inc. (CME) vs MSCI Inc (MSCI)

CME Group Inc. and MSCI Inc are both Financial Data & Stock Exchanges companies. CME Group Inc. is the larger, with a market value of $96.5B against $41.0B — 2.4× the size. CME Group Inc. trades at the lower P/E: 22.3× against 30.1×. MSCI Inc grew revenue faster over the last twelve months: 11.6% against 5.10%. CME Group Inc. has the higher net margin (63.1% vs 40.7%) and the lower return on invested capital (9.96% vs 34.8%). Both pay a dividend; CME Group Inc. yields more (4.58% vs 1.04%). Across the 22 metrics below, CME Group Inc. leads on 14 and MSCI Inc on 8.

Valuation

Metric CME MSCI Financial Data & Stock Exchanges median
P/E 22.28 30.13 21.77
P/S 14.10 12.05 7.79
P/B 3.60 n/m 3.85
Price to free cash flow 22.67 26.92 18.75
EV/EBITDA 20.38 22.18 15.55
EV/Sales 14.27 13.86 6.94
Earnings yield 4.49% 3.32% 4.49%
Free cash flow yield 4.41% 3.71% 4.68%

Profitability

Metric CME MSCI Financial Data & Stock Exchanges median
Gross margin 100.00% 82.98% 70.90%
Operating margin 65.10% 55.66% 29.55%
Net margin 63.11% 40.73% 23.21%
Free cash flow margin 62.20% 44.77% 29.05%
Return on equity 15.76% (75.96%) 15.34%
Return on assets 2.28% 24.74% 6.82%
Return on invested capital 9.96% 34.78% 9.96%

Growth

Metric CME MSCI Financial Data & Stock Exchanges median
Revenue growth (TTM) 5.10% 11.62% 9.16%
EPS growth (last fiscal year) 15.41% 11.67% —
Revenue growth, 5-year CAGR 5.95% 13.08% 7.76%
Net income growth, 5-year CAGR 13.82% 14.84% 9.78%

Health

Metric CME MSCI Financial Data & Stock Exchanges median
Debt to equity 0.13 (2.37) 0.48
Current ratio 1.02 0.89 1.06
Net debt to EBITDA (0.25) 2.93 1.08

Dividend

Metric CME MSCI Financial Data & Stock Exchanges median
Dividend yield 4.58% 1.04% 1.16%
Payout ratio 1.06 0.46 0.42

Size

Metric CME MSCI Financial Data & Stock Exchanges median
Market cap 96.48b 41.00b 27.94b

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