CBOE Cboe: מכפיל EV/EBITDA

Cboe Global Markets is expanding its influence through strategic partnerships and the acquisition of foreign exchanges. The EV/EBITDA multiple reflects the market valuation, where 18.89 indicates the current level. Its monopoly status in trading key indices allows the company to flexibly manage fees, while the creation of the VIX cemented the brand's status as the leading innovator and guarantor of derivatives transparency.

The EV/EBITDA multiple determines the total value of a business relative to its operating profit before depreciation and interest. For Cboe Global Markets (CBOE), this metric accounts for the capital intensity of upgrading server capacities and data centers required for ultra-fast order matching. By analyzing the EV/EBITDA chart trend for the company, an investor can see the balance between market capitalization, debt, and actual cash flow. A downward curve signals that the asset is undervalued, provided it is not caused by a fundamental collapse of the business.