` Comparison: 4765 vs CME - Alpha Spread

4765
vs
CME

Over the past 12 months, Morningstar Japan KK has underperformed CME, delivering a return of -11% compared to the CME's +25% growth.

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4765
CME
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Valuation Comparison

Intrinsic Value
1 035.58 JPY
Undervaluation 40%
Intrinsic Value
Price
CME Intrinsic Value
187.955 USD
Overvaluation 41%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Morningstar Japan KK
TSE:4765
623 JPY
CME Group Inc
NASDAQ:CME
320.555 USD
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Valuation Scenario:
Bear Case
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Growth Comparison

Growth Over Time
4765, CME

4765
CME
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Morningstar Japan KK
Revenue
CME Group Inc
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
4765, CME

4765
CME
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Morningstar Japan KK
TSE:4765
CME Group Inc
NASDAQ:CME
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What is Free Cash Flow?

Gross Margin

Morningstar Japan KK
42.4%
CME
0%
LTM 3Y Avg 5Y Avg 10Y Avg
Morningstar Japan KK
CME Group Inc

Operating Margin

Morningstar Japan KK
17.6%
CME
81.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Morningstar Japan KK
CME Group Inc

Net Margin

Morningstar Japan KK
11.2%
CME
32.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Morningstar Japan KK
CME Group Inc

FCF Margin

Morningstar Japan KK
88%
CME
33.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Morningstar Japan KK
CME Group Inc

ROE

Morningstar Japan KK
9.3%
CME
14.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Morningstar Japan KK
CME Group Inc

ROA

Morningstar Japan KK
6.3%
CME
2.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Morningstar Japan KK
CME Group Inc

ROIC

Morningstar Japan KK
10.2%
CME
4.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Morningstar Japan KK
CME Group Inc

ROCE

Morningstar Japan KK
11.9%
CME
27.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Morningstar Japan KK
CME Group Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
4765, CME

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Performance Gap
4765, CME

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4765
CME
Difference
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Performance By Year
4765, CME

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4765
CME
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett