INTERCONTINENTAL EXCHANGE IN (ICE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ICE - US45866F1049 - Common Stock
157.82 USD
-1.29 (-0.81%)
157.82 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to ICE. ICE was compared to 238 industry peers in the Capital Markets industry. While ICE belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. While showing a medium growth rate, ICE is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year ICE was profitable.
ICE had a positive operating cash flow in the past year.
In the past 5 years ICE has always been profitable.
ICE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 2.24%, ICE perfoms like the industry average, outperforming 46.64% of the companies in the same industry.
ICE has a better Return On Equity (11.04%) than 64.29% of its industry peers.
With an excellent Return On Invested Capital value of 7.58%, ICE belongs to the best of the industry, outperforming 81.09% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ICE is in line with the industry average of 6.95%.
The last Return On Invested Capital (7.58%) for ICE is above the 3 year average (6.58%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.24% | ||
| ROE | 11.04% | ||
| ROIC | 7.58% |
ROA(3y)1.49%
ROA(5y)1.64%
ROE(3y)8.51%
ROE(5y)10.82%
ROIC(3y)6.58%
ROIC(5y)6.59%
1.3 Margins
ICE has a better Profit Margin (25.24%) than 62.60% of its industry peers.
ICE's Profit Margin has declined in the last couple of years.
ICE's Operating Margin of 38.60% is fine compared to the rest of the industry. ICE outperforms 70.59% of its industry peers.
ICE's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 77.83%, ICE belongs to the top of the industry, outperforming 84.03% of the companies in the same industry.
In the last couple of years the Gross Margin of ICE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.6% | ||
| PM (TTM) | 25.24% | ||
| GM | 77.83% |
OM growth 3Y-1.05%
OM growth 5Y-1.69%
PM growth 3Y-19.12%
PM growth 5Y-4.53%
GM growth 3Y0.41%
GM growth 5Y-0.14%
2. Health
2.1 Basic Checks
Compared to 1 year ago, ICE has about the same amount of shares outstanding.
The number of shares outstanding for ICE has been increased compared to 5 years ago.
Compared to 1 year ago, ICE has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.89, we must say that ICE is in the distress zone and has some risk of bankruptcy.
ICE has a Altman-Z score (0.89) which is in line with its industry peers.
ICE has a debt to FCF ratio of 4.65. This is a neutral value as ICE would need 4.65 years to pay back of all of its debts.
ICE's Debt to FCF ratio of 4.65 is fine compared to the rest of the industry. ICE outperforms 72.27% of its industry peers.
ICE has a Debt/Equity ratio of 0.62. This is a neutral value indicating ICE is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.62, ICE is in the better half of the industry, outperforming 61.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 0.89 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.01 indicates that ICE should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.01, ICE is in line with its industry, outperforming 43.70% of the companies in the same industry.
A Quick Ratio of 1.01 indicates that ICE should not have too much problems paying its short term obligations.
ICE has a Quick ratio (1.01) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
ICE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.97%, which is quite good.
Measured over the past years, ICE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.42% on average per year.
Looking at the last year, ICE shows a quite strong growth in Revenue. The Revenue has grown by 9.92% in the last year.
The Revenue has been growing by 12.43% on average over the past years. This is quite good.
EPS 1Y (TTM)14.97%
EPS 3Y5.7%
EPS 5Y9.42%
EPS Q2Q%10.32%
Revenue 1Y (TTM)9.92%
Revenue growth 3Y8.66%
Revenue growth 5Y12.43%
Sales Q2Q%2.64%
3.2 Future
ICE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.35% yearly.
The Revenue is expected to grow by 5.96% on average over the next years.
EPS Next Y14.91%
EPS Next 2Y11.88%
EPS Next 3Y11.68%
EPS Next 5Y12.35%
Revenue Next Year6.7%
Revenue Next 2Y6.17%
Revenue Next 3Y6.03%
Revenue Next 5Y5.96%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 23.35, the valuation of ICE can be described as rather expensive.
ICE's Price/Earnings ratio is a bit more expensive when compared to the industry. ICE is more expensive than 63.03% of the companies in the same industry.
When comparing the Price/Earnings ratio of ICE to the average of the S&P500 Index (26.46), we can say ICE is valued inline with the index average.
ICE is valuated rather expensively with a Price/Forward Earnings ratio of 20.77.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ICE indicates a slightly more expensive valuation: ICE is more expensive than 60.08% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.10, ICE is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.35 | ||
| Fwd PE | 20.77 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ICE indicates a somewhat cheap valuation: ICE is cheaper than 76.89% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ICE is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.99 | ||
| EV/EBITDA | 16.96 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of ICE may justify a higher PE ratio.
PEG (NY)1.57
PEG (5Y)2.48
EPS Next 2Y11.88%
EPS Next 3Y11.68%
5. Dividend
5.1 Amount
ICE has a Yearly Dividend Yield of 1.21%. Purely for dividend investing, there may be better candidates out there.
ICE's Dividend Yield is slightly below the industry average, which is at 8.32.
With a Dividend Yield of 1.21, ICE pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
5.2 History
On average, the dividend of ICE grows each year by 10.37%, which is quite nice.
ICE has been paying a dividend for at least 10 years, so it has a reliable track record.
ICE has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)10.37%
Div Incr Years12
Div Non Decr Years12
5.3 Sustainability
ICE pays out 34.47% of its income as dividend. This is a sustainable payout ratio.
The dividend of ICE is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP34.47%
EPS Next 2Y11.88%
EPS Next 3Y11.68%
157.82
-1.29 (-0.81%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners93.79%
Inst Owner Change1.9%
Ins Owners0.9%
Ins Owner Change-2.42%
Market Cap89.99B
Revenue(TTM)12.53B
Net Income(TTM)3.16B
Analysts80.95
Price Target193.01 (22.3%)
Short Float %1.12%
Short Ratio1.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
Yearly Dividend1.81
Dividend Growth(5Y)10.37%
DP34.47%
Div Incr Years12
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.32%
Min EPS beat(2)1.25%
Max EPS beat(2)5.39%
EPS beat(4)3
Avg EPS beat(4)1.88%
Min EPS beat(4)-0.05%
Max EPS beat(4)5.39%
EPS beat(8)5
Avg EPS beat(8)1.09%
EPS beat(12)7
Avg EPS beat(12)1.18%
EPS beat(16)10
Avg EPS beat(16)1.25%
Revenue beat(2)0
Avg Revenue beat(2)-0.97%
Min Revenue beat(2)-1.27%
Max Revenue beat(2)-0.66%
Revenue beat(4)0
Avg Revenue beat(4)-0.93%
Min Revenue beat(4)-1.32%
Max Revenue beat(4)-0.48%
Revenue beat(8)0
Avg Revenue beat(8)-1.05%
Revenue beat(12)1
Avg Revenue beat(12)1.69%
Revenue beat(16)5
Avg Revenue beat(16)8.68%
PT rev (1m)-6.13%
PT rev (3m)-6.09%
EPS NQ rev (1m)-1.34%
EPS NQ rev (3m)-3.73%
EPS NY rev (1m)0.97%
EPS NY rev (3m)-0.98%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)-0.79%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)-0.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.35 | ||
| Fwd PE | 20.77 | ||
| P/S | 7.18 | ||
| P/FCF | 21.99 | ||
| P/OCF | 18.39 | ||
| P/B | 3.14 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.96 |
EPS(TTM)6.76
EY4.28%
EPS(NY)7.6
Fwd EY4.81%
FCF(TTM)7.18
FCFY4.55%
OCF(TTM)8.58
OCFY5.44%
SpS21.97
BVpS50.24
TBVpS-30.85
PEG (NY)1.57
PEG (5Y)2.48
Graham Number87.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.24% | ||
| ROE | 11.04% | ||
| ROCE | 9.46% | ||
| ROIC | 7.58% | ||
| ROICexc | 7.7% | ||
| ROICexgc | 87.62% | ||
| OM | 38.6% | ||
| PM (TTM) | 25.24% | ||
| GM | 77.83% | ||
| FCFM | 32.66% |
ROA(3y)1.49%
ROA(5y)1.64%
ROE(3y)8.51%
ROE(5y)10.82%
ROIC(3y)6.58%
ROIC(5y)6.59%
ROICexc(3y)6.74%
ROICexc(5y)6.73%
ROICexgc(3y)78.59%
ROICexgc(5y)69.01%
ROCE(3y)8.27%
ROCE(5y)8.38%
ROICexgc growth 3Y38.2%
ROICexgc growth 5Y9.67%
ROICexc growth 3Y0.52%
ROICexc growth 5Y-2.73%
OM growth 3Y-1.05%
OM growth 5Y-1.69%
PM growth 3Y-19.12%
PM growth 5Y-4.53%
GM growth 3Y0.41%
GM growth 5Y-0.14%
F-Score8
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 4.65 | ||
| Debt/EBITDA | 2.78 | ||
| Cap/Depr | 51.35% | ||
| Cap/Sales | 6.39% | ||
| Interest Coverage | 6.09 | ||
| Cash Conversion | 76.5% | ||
| Profit Quality | 129.41% | ||
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 0.89 |
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)45.31%
Cap/Depr(5y)47.06%
Cap/Sales(3y)5.44%
Cap/Sales(5y)5.25%
Profit Quality(3y)160.48%
Profit Quality(5y)133.11%
High Growth Momentum
Growth
EPS 1Y (TTM)14.97%
EPS 3Y5.7%
EPS 5Y9.42%
EPS Q2Q%10.32%
EPS Next Y14.91%
EPS Next 2Y11.88%
EPS Next 3Y11.68%
EPS Next 5Y12.35%
Revenue 1Y (TTM)9.92%
Revenue growth 3Y8.66%
Revenue growth 5Y12.43%
Sales Q2Q%2.64%
Revenue Next Year6.7%
Revenue Next 2Y6.17%
Revenue Next 3Y6.03%
Revenue Next 5Y5.96%
EBIT growth 1Y12.13%
EBIT growth 3Y7.51%
EBIT growth 5Y10.53%
EBIT Next Year22.93%
EBIT Next 3Y12.18%
EBIT Next 5Y9.3%
FCF growth 1Y28.6%
FCF growth 3Y13.03%
FCF growth 5Y10.38%
OCF growth 1Y33.51%
OCF growth 3Y13.85%
OCF growth 5Y11.63%
INTERCONTINENTAL EXCHANGE IN / ICE FAQ
What is the fundamental rating for ICE stock?
ChartMill assigns a fundamental rating of 5 / 10 to ICE.
What is the valuation status for ICE stock?
ChartMill assigns a valuation rating of 3 / 10 to INTERCONTINENTAL EXCHANGE IN (ICE). This can be considered as Overvalued.
What is the profitability of ICE stock?
INTERCONTINENTAL EXCHANGE IN (ICE) has a profitability rating of 7 / 10.
What is the valuation of INTERCONTINENTAL EXCHANGE IN based on its PE and PB ratios?
The Price/Earnings (PE) ratio for INTERCONTINENTAL EXCHANGE IN (ICE) is 23.35 and the Price/Book (PB) ratio is 3.14.
Can you provide the expected EPS growth for ICE stock?
The Earnings per Share (EPS) of INTERCONTINENTAL EXCHANGE IN (ICE) is expected to grow by 14.91% in the next year.