CBOE vs. NMR: Cboe Global Markets vs. Nomura Stock Comparison
How do Cboe Global Markets (CBOE) and Nomura (NMR) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Cboe Global Markets (CBOE) and Nomura (NMR) both belong to the Capital Markets industry, though CBOE is classified under Financial Exchanges & Data while NMR falls under Investment Banking & Brokerage.
Cboe Global Markets (CBOE) trades as ordinary local shares, while Nomura (NMR) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | CBOE | NMR |
|---|---|---|
| Name | Cboe Global Markets Inc. | Nomura Holdings, Inc. Sponsored ADR |
| Country/Region | United States | Japan |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Capital Markets |
| GICS Sub-Industry | Financial Exchanges & Data | Investment Banking & Brokerage |
| Market Capitalization | 36.86 billion USD | 27.53 billion USD |
| Currency | USD | USD |
| Exchange | Cboe | NYSE |
| Listing Date | June 15, 2010 | December 17, 2001 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CBOE | NMR |
|---|---|---|
| Total Return (1Y) | 38.97% | 35.42% |
| Total Return (3Y, Annualized) | 27.34% | 37.86% |
| Total Return (5Y, Annualized) | 23.42% | 18.78% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CBOE | NMR |
|---|---|---|
| Volatility (1Y, Annualized) | 36.53% | 29.52% |
| Beta (5Y) | 0.35 | 0.79 |
| Max Drawdown (5Y) | -36.73% | -38.40% |
| Avg. Volume (3M) | 1.14M | 789.26K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CBOE | NMR |
|---|---|---|
| Sharpe Ratio (1Y) | 0.95 | 1.06 |
| Sortino Ratio (1Y) | 1.37 | 1.55 |
Profitability
ROE (TTM)
Cboe Global Markets (CBOE) at 27.39% sits in the top ROE quartile, while Nomura (NMR) at 11.51% is closer to the peer norm — stronger capital efficiency for CBOE.
CBOE
Financial Services industry group
27.39%
- Max
- 44.78%
- CBOE
- 27.39%
- Q3
- 21.85%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
NMR
Financial Services industry group
11.51%
- Max
- 44.78%
- Q3
- 21.85%
- Median
- 12.91%
- NMR
- 11.51%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Both Cboe Global Markets (CBOE) at 28.05% and Nomura (NMR) at 17.12% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
CBOE
Financial Services industry group
28.05%
- Max
- 62.84%
- Q3
- 28.05%
- CBOE
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
NMR
Financial Services industry group
17.12%
- Max
- 62.84%
- Q3
- 28.05%
- NMR
- 17.12%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Both Cboe Global Markets (CBOE) at 35.29% and Nomura (NMR) at 24.36% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
CBOE
Financial Services industry group
35.29%
- Max
- 107.33%
- Q3
- 55.90%
- CBOE
- 35.29%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
NMR
Financial Services industry group
24.36%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- NMR
- 24.36%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | CBOE | NMR |
|---|---|---|
| ROE (TTM) | 27.39% | 11.51% |
| ROA (TTM) | 11.84% | 0.68% |
| Net Margin (TTM) | 28.05% | 17.12% |
| Operating Margin (TTM) | 35.29% | 24.36% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Cboe Global Markets (CBOE) at 15.13% and Nomura (NMR) at 10.80% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Cboe Global Markets (CBOE) at 44.52% and Nomura (NMR) at 7.17% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | CBOE | NMR |
|---|---|---|
| Revenue Growth (YoY) | 15.13% | 10.80% |
| Revenue Growth (3Y CAGR) | 6.00% | 17.17% |
| EPS Growth (YoY) | 44.52% | 7.17% |
| EPS Growth (3Y CAGR) | 68.19% | 58.75% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Cboe Global Markets (CBOE) in Financial Services and Nomura (NMR) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Cboe Global Markets (CBOE) in Financial Services and Nomura (NMR) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | CBOE | NMR |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Cboe Global Markets (CBOE) at 0.86% pays an industry-typical yield; Nomura (NMR) at 620.40% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.
CBOE
Financial Services industry group
0.86%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- CBOE
- 0.86%
- Q1
- 0.00%
- Min
- 0.00%
NMR
Financial Services industry group
620.40%
- NMR
- 620.40%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Cboe Global Markets (CBOE) at 21.49% and Nomura (NMR) at 16.85% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
CBOE
Financial Services industry group
21.49%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- CBOE
- 21.49%
- Q1
- 0.00%
- Min
- 0.00%
NMR
Financial Services industry group
16.85%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- NMR
- 16.85%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CBOE | NMR |
|---|---|---|
| Dividend Yield (TTM) | 0.86% | 620.40% |
| Dividend Payout Ratio (TTM) | 21.49% | 16.85% |
Valuation
P/E Ratio (TTM)
Nomura (NMR) at 10.83 is near its industry’s usual P/E ratio, while Cboe Global Markets (CBOE) at 25.14 sits in the richer quartile — CBOE needs stronger growth or earnings quality to justify the premium.
CBOE
Financial Services industry group
25.14
- Max
- 45.85
- CBOE
- 25.14
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
NMR
Financial Services industry group
10.83
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- NMR
- 10.83
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
Nomura (NMR) at 0.01 looks cheap on sales in the lower P/S ratio quartile, while Cboe Global Markets (CBOE) at 6.98 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
CBOE
Financial Services industry group
6.98
- Max
- 9.23
- CBOE
- 6.98
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
NMR
Financial Services industry group
0.01
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- NMR
- 0.01
- Min
- -0.55
P/B Ratio (MRQ)
Nomura (NMR) at 1.15 is valued about in line with its industry on P/B ratio, while Cboe Global Markets (CBOE) at 6.22 carries an above-peer premium to book — CBOE is pricier on assets.
CBOE
Financial Services industry group
6.22
- Max
- 7.79
- CBOE
- 6.22
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
NMR
Financial Services industry group
1.15
- Max
- 7.79
- Q3
- 3.63
- Median
- 1.57
- NMR
- 1.15
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | CBOE | NMR |
|---|---|---|
| P/E Ratio (TTM) | 25.14 | 10.83 |
| P/S Ratio (TTM) | 6.98 | 0.01 |
| P/B Ratio (MRQ) | 6.22 | 1.15 |
| Free Cash Flow Yield (TTM) | -- | -- |