INTERCONTINENTAL EXCHANGE IN (ICE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ICE - US45866F1049 - Common Stock
172.93 USD
-1.42 (-0.81%)
172.93 USD
0 (0%)
ICE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 238 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 valied quite expensively at the moment, while 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.
- In the past 5 years ICE always reported a positive cash flow from operatings.
1.2 Ratios
- ICE has a Return On Assets of 2.24%. This is comparable to the rest of the industry: ICE outperforms 44.54% of its industry peers.
- The Return On Equity of ICE (11.04%) is better than 65.13% of its industry peers.
- ICE has a Return On Invested Capital of 7.58%. This is in the better half of the industry: ICE outperforms 79.83% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for ICE is in line with the industry average of 7.27%.
- 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 64.29% of its industry peers.
- In the last couple of years the Profit Margin of ICE has declined.
- The Operating Margin of ICE (38.60%) is better than 70.17% of its industry peers.
- ICE's Operating Margin has declined in the last couple of years.
- With an excellent Gross Margin value of 77.83%, ICE belongs to the best 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
- The number of shares outstanding for ICE remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, ICE has more shares outstanding
- ICE has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 0.94, we must say that ICE is in the distress zone and has some risk of bankruptcy.
- ICE has a Altman-Z score of 0.94. This is comparable to the rest of the industry: ICE outperforms 52.94% of 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.
- Looking at the Debt to FCF ratio, with a value of 4.65, ICE is in the better half of the industry, outperforming 71.85% of the companies in the same industry.
- ICE has a Debt/Equity ratio of 0.62. This is a neutral value indicating 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 62.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 0.94 |
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.
- Looking at the Current ratio, with a value of 1.01, ICE is in line with its industry, outperforming 44.54% of the companies in the same industry.
- ICE has a Quick 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 has a Quick ratio (1.01) which is in line with 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.
- ICE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.42% yearly.
- The Revenue has grown by 9.92% in the past year. This is quite good.
- 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 10.53% yearly.
- The Revenue is expected to grow by 5.77% on average over the next years.
EPS Next Y15.11%
EPS Next 2Y11.79%
EPS Next 3Y11.53%
EPS Next 5Y10.53%
Revenue Next Year6.72%
Revenue Next 2Y6.18%
Revenue Next 3Y6.01%
Revenue Next 5Y5.77%
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 stable.
- 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 25.58, the valuation of ICE can be described as expensive.
- 68.49% of the companies in the same industry are cheaper than ICE, based on the Price/Earnings ratio.
- ICE's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.21.
- Based on the Price/Forward Earnings ratio of 22.80, the valuation of ICE can be described as rather expensive.
- ICE's Price/Forward Earnings is on the same level as the industry average.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.26, ICE is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.58 | ||
| Fwd PE | 22.8 |
4.2 Price Multiples
- ICE's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ICE is cheaper than 75.63% of the companies in the same industry.
- ICE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ICE is cheaper than 60.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.1 | ||
| EV/EBITDA | 18.32 |
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)1.69
PEG (5Y)2.72
EPS Next 2Y11.79%
EPS Next 3Y11.53%
5. Dividend
5.1 Amount
- ICE has a Yearly Dividend Yield of 1.11%. Purely for dividend investing, there may be better candidates out there.
- ICE's Dividend Yield is slightly below the industry average, which is at 6.10.
- Compared to the average S&P500 Dividend Yield of 1.82, ICE is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
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 2Y11.79%
EPS Next 3Y11.53%
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 25.58 and the Price/Book (PB) ratio is 3.44.
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.