Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
CMEthis companyCME Group Inc.	$302.98	24.43×	3.42×	15.06×	16.83×	34.0%	86.1%	64.9%	62.0%	14.1%	8.4%	4.3%	0.12×	-0.17×	32.61×	1.03×	4.0%	6	0.6	3	B+
ICEIntercontinental Exchange, Inc.	$173.10	27.92×	3.2×	7.32×	16.85×	-11.8%	61.9%	38.7%	26.1%	11.4%	7.0%	4.6%	0.7×	2.93×	6.27×	1.02×	1.2%	7	0.77	3	B
NDAQNasdaq, Inc.	$108.04	31.03×	4.53×	6.75×	20.65×	-49.7%	47.9%	28.4%	21.8%	14.6%	8.3%	3.6%	0.81×	2.92×	26.49×	1.01×	1.1%	9	3.56	3	B
TWTradeweb Markets Inc.	$126.66	28.23×	3.52×	11.17×	14.8×	7.0%	67.3%	41.2%	39.6%	12.5%	9.3%	4.9%	0.04×	-1.27×	435.41×	4.94×	0.4%	9	16.04	4	A-
Peer median	—	28.23×	3.52×	7.32×	16.85×	-11.8%	61.9%	38.7%	26.1%	12.5%	8.3%	4.6%	0.7×	2.92×	26.49×	1.02×	1.1%	9	3.56	3	—