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%)
ICE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 237 industry peers in the Capital Markets industry. While ICE has a great profitability rating, there are some minor concerns on its financial health. 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.
In the past year ICE had a positive cash flow from operations.
Each year in the past 5 years ICE has been profitable.
Each year in the past 5 years ICE had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.24%, ICE perfoms like the industry average, outperforming 47.06% of the companies in the same industry.
ICE's Return On Equity of 11.04% is fine compared to the rest of the industry. ICE outperforms 63.87% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.58%, ICE belongs to the top of the industry, outperforming 81.09% of the companies in the same industry.
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 6.99%.
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 Profit Margin of 25.24%. This is in the better half of the industry: ICE outperforms 62.60% of its industry peers.
In the last couple of years the Profit Margin of ICE has declined.
Looking at the Operating Margin, with a value of 38.60%, ICE is in the better half of the industry, outperforming 70.17% of the companies in the same industry.
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.
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.
Compared to 5 years ago, ICE has more shares outstanding
Compared to 1 year ago, ICE has an improved debt to assets ratio.
2.2 Solvency
ICE has an Altman-Z score of 0.89. This is a bad value and indicates that ICE is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ICE (0.89) 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.
The Debt to FCF ratio of ICE (4.65) is better than 71.43% 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 has a better Debt to Equity ratio (0.62) than 62.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 0.89 |
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 has a Current ratio of 1.01. This is comparable to the rest of the industry: ICE outperforms 42.86% of 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 47.06% 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.
The Revenue has grown by 9.92% in the past year. This is quite good.
Measured over the past years, ICE shows a quite strong growth in Revenue. The Revenue has been growing by 12.43% on average per year.
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.
The Revenue is expected to grow by 5.96% on average over the next years.
EPS Next Y14.99%
EPS Next 2Y11.56%
EPS Next 3Y11.33%
EPS Next 5Y12.35%
Revenue Next Year6.61%
Revenue Next 2Y6.07%
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
Based on the Price/Earnings ratio of 23.35, the valuation of ICE can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of ICE indicates a slightly more expensive valuation: ICE is more expensive than 62.60% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.49, ICE is valued at the same level.
A Price/Forward Earnings ratio of 20.89 indicates a rather expensive valuation of ICE.
ICE's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.69. ICE is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.35 | ||
| Fwd PE | 20.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ICE is valued a bit cheaper than 76.89% of the companies 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 | 16.85 |
4.3 Compensation for Growth
The 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)1.56
PEG (5Y)2.48
EPS Next 2Y11.56%
EPS Next 3Y11.33%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.21%, ICE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 8.30, ICE is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.31, ICE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
5.2 History
The dividend of ICE is nicely growing with an annual growth rate of 10.37%!
ICE has paid a dividend for at least 10 years, which is 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 2Y11.56%
EPS Next 3Y11.33%
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 Change1.93%
Ins Owners0.9%
Ins Owner Change-2.45%
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)-4.71%
PT rev (3m)-7.34%
EPS NQ rev (1m)0.55%
EPS NQ rev (3m)-3.2%
EPS NY rev (1m)0.07%
EPS NY rev (3m)-0.91%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)-0.71%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-0.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.35 | ||
| Fwd PE | 20.89 | ||
| P/S | 7.18 | ||
| P/FCF | 21.99 | ||
| P/OCF | 18.39 | ||
| P/B | 3.14 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.85 |
EPS(TTM)6.76
EY4.28%
EPS(NY)7.55
Fwd EY4.79%
FCF(TTM)7.18
FCFY4.55%
OCF(TTM)8.58
OCFY5.44%
SpS21.97
BVpS50.24
TBVpS-30.85
PEG (NY)1.56
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 Y14.99%
EPS Next 2Y11.56%
EPS Next 3Y11.33%
EPS Next 5Y12.35%
Revenue 1Y (TTM)9.92%
Revenue growth 3Y8.66%
Revenue growth 5Y12.43%
Sales Q2Q%2.64%
Revenue Next Year6.61%
Revenue Next 2Y6.07%
Revenue Next 3Y6.04%
Revenue Next 5Y5.96%
EBIT growth 1Y12.13%
EBIT growth 3Y7.51%
EBIT growth 5Y10.53%
EBIT Next Year21.77%
EBIT Next 3Y12.01%
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 14.99% in the next year.