INTERCONTINENTAL EXCHANGE IN (ICE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ICE - US45866F1049 - Common Stock
165.98 USD
+4 (+2.47%)
165.98 USD
0 (0%)
ICE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 235 industry peers in the Capital Markets industry. ICE has only an average score on both its financial health and profitability. 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.
In the past year ICE had a positive cash flow from operations.
ICE had positive earnings in each of the past 5 years.
ICE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ICE has a Return On Assets (2.24%) which is in line with its industry peers.
The Return On Equity of ICE (11.04%) is better than 65.11% of its industry peers.
ICE has a better Return On Invested Capital (7.58%) than 80.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ICE is in line with the industry average of 7.14%.
The 3 year average ROIC (6.58%) for ICE is below the current ROIC(7.58%), indicating increased profibility in the last year.
| 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 Profit Margin of 25.24%. This is in the better half of the industry: ICE outperforms 64.26% of its industry peers.
In the last couple of years the Profit Margin of ICE has declined.
ICE has a Operating Margin of 38.60%. This is in the better half of the industry: ICE outperforms 70.21% of its industry peers.
ICE's Operating Margin has declined in the last couple of years.
ICE has a better Gross Margin (77.83%) than 84.26% of its industry peers.
ICE's Gross Margin has been stable in the last couple of years.
| 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.
ICE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ICE has an improved debt to assets ratio.
2.2 Solvency
ICE has an Altman-Z score of 0.90. This is a bad value and indicates that ICE is not financially healthy and even has some risk of bankruptcy.
ICE has a Altman-Z score (0.90) which is comparable to the rest of the industry.
The Debt to FCF ratio of ICE is 4.65, which is a neutral value as it means it would take ICE, 4.65 years of fcf income to pay off all of its debts.
ICE has a Debt to FCF ratio of 4.65. This is in the better half of the industry: ICE outperforms 71.49% 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.
ICE's Debt to Equity ratio of 0.62 is fine compared to the rest of the industry. ICE outperforms 63.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 0.9 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
ICE has a Current Ratio of 1.01. This is a normal value and indicates that ICE is financially healthy and should not expect problems in meeting its short term obligations.
ICE's Current ratio of 1.01 is in line compared to the rest of the industry. ICE outperforms 44.26% of its industry peers.
A Quick Ratio of 1.01 indicates that ICE should not have too much problems paying its short term obligations.
The Quick ratio of ICE (1.01) 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.
ICE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.42% yearly.
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
The Earnings Per Share is expected to grow by 12.35% on average over the next years. This is quite good.
Based on estimates for the next years, ICE will show a small growth in Revenue. The Revenue will grow by 5.96% on average per year.
EPS Next Y15.11%
EPS Next 2Y11.79%
EPS Next 3Y11.53%
EPS Next 5Y12.35%
Revenue Next Year6.67%
Revenue Next 2Y6.2%
Revenue Next 3Y6.04%
Revenue Next 5Y5.96%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
With a Price/Earnings ratio of 24.55, ICE is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of ICE indicates a slightly more expensive valuation: ICE is more expensive than 61.70% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of ICE to the average of the S&P500 Index (27.19), we can say ICE is valued inline with the index average.
The Price/Forward Earnings ratio is 21.88, which indicates a rather expensive current valuation of ICE.
The rest of the industry has a similar Price/Forward Earnings ratio as ICE.
ICE's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.55 | ||
| Fwd PE | 21.88 |
4.2 Price Multiples
76.17% of the companies in the same industry are more expensive than ICE, based on the Enterprise Value to EBITDA ratio.
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 | 23.13 | ||
| EV/EBITDA | 17.22 |
4.3 Compensation for Growth
ICE's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ICE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.62
PEG (5Y)2.61
EPS Next 2Y11.79%
EPS Next 3Y11.53%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.19%, ICE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 6.39, ICE is paying slightly less dividend.
ICE's Dividend Yield is slightly below the S&P500 average, which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
5.2 History
The dividend of ICE is nicely growing with an annual growth rate of 10.37%!
ICE has been paying a dividend for at least 10 years, so it has a reliable track record.
ICE has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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 2Y11.79%
EPS Next 3Y11.53%
165.98
+4 (+2.47%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners94.47%
Inst Owner Change0%
Ins Owners0.9%
Ins Owner Change-2.4%
Market Cap94.64B
Revenue(TTM)12.53B
Net Income(TTM)3.16B
Analysts80.95
Price Target193.09 (16.33%)
Short Float %1.39%
Short Ratio2.12
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
Yearly Dividend1.81
Dividend Growth(5Y)10.37%
DP34.47%
Div Incr Years12
Div Non Decr Years12
Ex-DateN/A
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)-1.28%
PT rev (3m)-7.33%
EPS NQ rev (1m)0.47%
EPS NQ rev (3m)-2.47%
EPS NY rev (1m)0.1%
EPS NY rev (3m)-0.57%
Revenue NQ rev (1m)0.12%
Revenue NQ rev (3m)-0.63%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-0.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.55 | ||
| Fwd PE | 21.88 | ||
| P/S | 7.55 | ||
| P/FCF | 23.13 | ||
| P/OCF | 19.34 | ||
| P/B | 3.3 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.22 |
EPS(TTM)6.76
EY4.07%
EPS(NY)7.59
Fwd EY4.57%
FCF(TTM)7.18
FCFY4.32%
OCF(TTM)8.58
OCFY5.17%
SpS21.97
BVpS50.24
TBVpS-30.85
PEG (NY)1.62
PEG (5Y)2.61
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 | 0.9 |
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 Y15.11%
EPS Next 2Y11.79%
EPS Next 3Y11.53%
EPS Next 5Y12.35%
Revenue 1Y (TTM)9.92%
Revenue growth 3Y8.66%
Revenue growth 5Y12.43%
Sales Q2Q%2.64%
Revenue Next Year6.67%
Revenue Next 2Y6.2%
Revenue Next 3Y6.04%
Revenue Next 5Y5.96%
EBIT growth 1Y12.13%
EBIT growth 3Y7.51%
EBIT growth 5Y10.53%
EBIT Next Year21.82%
EBIT Next 3Y12.1%
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.
Can you provide the valuation status for INTERCONTINENTAL EXCHANGE IN?
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 6 / 10.
What are the PE and PB ratios of INTERCONTINENTAL EXCHANGE IN (ICE) stock?
The Price/Earnings (PE) ratio for INTERCONTINENTAL EXCHANGE IN (ICE) is 24.55 and the Price/Book (PB) ratio is 3.3.
What is the expected EPS growth for INTERCONTINENTAL EXCHANGE IN (ICE) stock?
The Earnings per Share (EPS) of INTERCONTINENTAL EXCHANGE IN (ICE) is expected to grow by 15.11% in the next year.