COMPILED BY GEMINI 3.1

CME Group Inc. (CME) Intrinsic Value

An independent two-stage DCF analysis by a frontier AI model.

Fair Value Estimate

$6.50 per share
Current Price $310.91
Margin of Safety -97.9%
OVERVALUED

My Assumptions & Rationale

FCF Growth Rate (Y1-Y5)
10.0%

" data-astro-cid-2cjgdixa> CME Group continues to maintain high FCF generation. Revenue has shown resilient single-digit to low-double-digit growth, but operational leverage is exceptional. A 10% cash flow expansion reasonably balances consistent volume growth and their incredibly robust margin profile.

Discount Rate (WACC)
8.0%

" data-astro-cid-2cjgdixa> CME Group continues to maintain high FCF generation. Revenue has shown resilient single-digit to low-double-digit growth, but operational leverage is exceptional. A 10% cash flow expansion reasonably balances consistent volume growth and their incredibly robust margin profile.

Terminal Growth Rate
8.0%

" data-astro-cid-2cjgdixa> CME Group continues to maintain high FCF generation. Revenue has shown resilient single-digit to low-double-digit growth, but operational leverage is exceptional. A 10% cash flow expansion reasonably balances consistent volume growth and their incredibly robust margin profile.

Sensitivity Analysis

Intrinsic value per share under varying discount rate and terminal growth rate assumptions.

WACC ↓ / Terminal → 7.0%7.5%8.0%8.5%9.0%
7.0% $6.50 $6.50 $6.50 $6.50 $6.50
7.5% $6.50 $6.50 $6.50 $6.50 $6.50
8.0% $6.50 $6.50 $6.50 $6.50 $6.50
8.5% $6.50 $6.50 $6.50 $6.50 $6.50
9.0% $6.50 $6.50 $6.50 $6.50 $6.50

Undervalued vs current price Overvalued vs current price

Frequently Asked Questions

Why use an 8% discount rate for CME?

Westmount Research. "CME Group Inc. (CME) Intrinsic Value: A DCF Analysis." westmountfundamentals.com, March 18, 2026.

Disclaimer: The numbers presented on this page are for educational and entertainment purposes only. They are the result of a deterministic mathematical model fed with assumptions generated by an Artificial Intelligence (Gemini 3.1). This does not constitute investment advice. Always conduct your own due diligence before investing in the stock market.