INTERCONTINENTAL EXCHANGE IN (ICE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ICE - US45866F1049 - Common Stock
175.1 USD
+2.66 (+1.54%)
174.8 USD
-0.3 (-0.17%)
ICE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 237 industry peers in the Capital Markets industry. Both the profitability and the financial health of ICE get a neutral evaluation. Nothing too spectacular is happening here. ICE is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- ICE had positive earnings in the past year.
- ICE had a positive operating cash flow in the past year.
- Each year in the past 5 years ICE has been profitable.
- ICE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of ICE (2.24%) is comparable to the rest of the industry.
- Looking at the Return On Equity, with a value of 11.04%, ICE is in the better half of the industry, outperforming 64.98% of the companies in the same industry.
- ICE has a better Return On Invested Capital (7.58%) than 79.75% of its industry peers.
- ICE had an Average Return On Invested Capital over the past 3 years of 6.58%. This is in line with the industry average of 7.27%.
- 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 64.14% 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 70.04% 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 83.97% of the companies in the same industry.
- 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
- The number of shares outstanding for ICE remains at a similar level compared to 1 year ago.
- ICE has more shares outstanding than it did 5 years ago.
- ICE has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 0.93, we must say that ICE is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 0.93, ICE perfoms like the industry average, outperforming 53.16% of the companies in the same 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 better Debt to FCF ratio (4.65) than 71.73% of its industry peers.
- A Debt/Equity ratio of 0.62 indicates that ICE is somewhat dependend on debt financing.
- ICE has a Debt to Equity ratio of 0.62. This is in the better half of the industry: ICE outperforms 62.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 0.93 |
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.
- ICE has a Current ratio (1.01) which is in line with its industry peers.
- A Quick Ratio of 1.01 indicates that ICE should not have too much problems paying its short term obligations.
- ICE's Quick ratio of 1.01 is in line compared to the rest of the industry. ICE outperforms 45.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 14.97% over the past year.
- The Earnings Per Share has been growing by 9.42% on average over the past years. This is quite good.
- 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
- Based on estimates for the next years, ICE will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.53% on average per year.
- ICE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.77% yearly.
EPS Next Y15.08%
EPS Next 2Y11.72%
EPS Next 3Y11.71%
EPS Next 5Y10.53%
Revenue Next Year6.64%
Revenue Next 2Y6.13%
Revenue Next 3Y6.09%
Revenue Next 5Y5.77%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- ICE is valuated quite expensively with a Price/Earnings ratio of 25.90.
- Based on the Price/Earnings ratio, ICE is valued a bit more expensive than the industry average as 68.35% of the companies are valued more cheaply.
- When comparing the Price/Earnings ratio of ICE to the average of the S&P500 Index (28.39), we can say ICE is valued inline with the index average.
- ICE is valuated rather expensively with a Price/Forward Earnings ratio of 23.11.
- ICE's Price/Forward Earnings ratio is in line with the industry average.
- When comparing the Price/Forward Earnings ratio of ICE to the average of the S&P500 Index (25.72), we can say ICE is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.9 | ||
| Fwd PE | 23.11 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ICE is valued a bit cheaper than the industry average as 75.11% of the companies are valued more expensively.
- 61.18% of the companies in the same industry are more expensive than ICE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.4 | ||
| EV/EBITDA | 18.15 |
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)1.72
PEG (5Y)2.75
EPS Next 2Y11.72%
EPS Next 3Y11.71%
5. Dividend
5.1 Amount
- ICE has a Yearly Dividend Yield of 1.10%.
- Compared to an average industry Dividend Yield of 5.88, ICE is paying slightly less dividend.
- ICE's Dividend Yield is slightly below the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
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 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.
- ICE's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP34.47%
EPS Next 2Y11.72%
EPS Next 3Y11.71%
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 25.9 and the Price/Book (PB) ratio is 3.49.
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 15.08% in the next year.