Mulya.ai
Ticker
CBOE
Scenario
Key Inputs
Revenue est.?Analysttaper yr4
OP margin est.?hist_ind
Reinvestment est.?projected
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?7.7%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.810
Beta (levered) ?0.843
Terminal OM% ?38.7%
Segment conc. ?76% dominant
Terminal growth ?4.1%
Bond rating ?AAA · 0.60%
ROIC option ?Opt 4 · 23.6%
Prob of failure ?0.0%
Pipeline validated · 2026-07-21

CBOE · Cboe Global Markets, Inc.

$242.212026-07-21
Sector: Financial Services; Industry: Financial - Data & Stock Exchanges; Sub-Industry: Financial Exchanges & Data

Intrinsic Value Range Comparison · Mulya.ai

Bull
$451
+86.3% vs market
Base · active
$184
-24.0% vs market
Bear
$177
-26.8% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $177
Base $184
Market $242
Median $310
Bull $451
Market Price $242
Mulya.ai Base $184
Analysts Median $310
Mulya.ai IV range ($177 · $451)
Analysts Range ($263 · $335)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2024.Q1$3.8B28.0%26.9%$773MM$2MM$774MM5.9%15.8%$4.9B$7.25
2024.Q4$3.8B0.0%28.0%29.4%$747MM$97MM$844MM6.1%15.6%$4.7B$7.25
2025.Q1$4.1B8.5%26.8%29.4%$775MM$131MM$907MM6.1%16.4%$4.8B$7.28
2025.Q4$4.1B0.0%26.8%29.8%$771MM$52MM$823MM5.9%16.7%$4.5B$7.28
2026.Q1$4.8B17.0%34.3%28.7%$1.2B−$317MM$855MM5.9%25.8%$4.6B$11.7615.5
italics below = DCF projection · 10yr Rev CAGR: -0.8%
2027.Q1$2.9B+-40.3%34.3%27.8%$708MM$0MM$708MM7.8%$657MM15.2%$4.6B$6.7435.9
2028.Q1$3.0B+4.9%35.2%26.9%$771MM−$5MM$766MM7.9%$659MM16.6%$4.7B$7.3433.0
2029.Q1$3.2B+5.8%36.0%26.1%$846MM−$12MM$835MM8.0%$665MM18.2%$4.7B$8.0630.1
2030.Q1$3.4B+5.6%36.9%25.2%$926MM$0MM$926MM8.0%$683MM19.9%$4.7B$8.8227.5
2031.Q1$3.5B+5.3%38.7%24.3%$1.0B$0MM$1.0B8.1%$705MM22.2%$4.7B$9.8424.6
Term. Yr+$4.6B4.1%38.7%20.0%$1.4B−$247MM$1.2B8.6%$11.9B23.6%
Active scenario IV: $184 (-24.0% vs market)