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 $110.0B against $46.9B — 2.3× the size. CME Group Inc. trades at the lower P/E: 25.0× against 34.8×. MSCI Inc grew revenue faster over the last twelve months: 12.3% against 8.99%. CME Group Inc. has the higher net margin (63.3% vs 40.3%) and the lower return on invested capital (10.4% vs 34.7%). Both pay a dividend; CME Group Inc. yields more (1.25% vs 1.21%). Across the 20 metrics below, CME Group Inc. leads on 13 and MSCI Inc on 7.

Valuation

Metric CME MSCI Financial Data & Stock Exchanges median
P/E 24.97 34.79 24.85
P/S 15.76 13.83 6.75
P/B 4.14 n/m 4.56
Price to free cash flow 25.36 32.64 20.23
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 4.00% 2.87% 4.00%
Free cash flow yield 3.94% 3.06% 4.59%

Profitability

Metric CME MSCI Financial Data & Stock Exchanges median
Gross margin 100.00% 82.89% 72.83%
Operating margin 65.66% 55.65% 29.06%
Net margin 63.32% 40.31% 25.36%
Free cash flow margin 62.15% 42.38% 32.14%
Return on equity 16.13% (56.11%) 17.00%
Return on assets 2.33% 25.19% 8.22%
Return on invested capital 10.35% 34.71% 10.55%

Growth

Metric CME MSCI Financial Data & Stock Exchanges median
Revenue growth (TTM) 8.99% 12.34% 10.44%
EPS growth (last fiscal year) 15.41% 11.67% 13.54%
Revenue growth, 5-year CAGR 5.95% 13.08% 9.24%
Net income growth, 5-year CAGR 13.82% 14.84% 10.85%

Health

Metric CME MSCI Financial Data & Stock Exchanges median
Debt to equity 0.13 (2.23) 0.67
Current ratio 1.02 0.82 1.04
Net debt to EBITDA (0.25) 2.93 1.20

Dividend

Metric CME MSCI Financial Data & Stock Exchanges median
Dividend yield 1.25% 1.21% 1.13%
Payout ratio 0.32 0.42 0.29

Size

Metric CME MSCI Financial Data & Stock Exchanges median
Market cap 109.97b 46.90b 38.07b

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