INTERCONTINENTAL EXCHANGE IN (ICE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ICE - US45866F1049 - Common Stock
166.25 USD
+0.27 (+0.16%)
166.25 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to ICE. ICE was compared to 235 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. While showing a medium growth rate, ICE is valued expensive at the moment.
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.
ICE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ICE has a Return On Assets of 2.24%. This is comparable to the rest of the industry: ICE outperforms 48.51% of its industry peers.
Looking at the Return On Equity, with a value of 11.04%, ICE is in the better half of the industry, outperforming 64.68% of the companies in the same industry.
With a decent Return On Invested Capital value of 7.58%, ICE is doing good in the industry, outperforming 80.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ICE is in line with the industry average of 7.17%.
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's Profit Margin of 25.24% is fine compared to the rest of the industry. ICE outperforms 64.26% of its industry peers.
ICE's Profit Margin has declined in the last couple of years.
ICE has a better Operating Margin (38.60%) than 70.21% of its industry peers.
ICE's Operating Margin has declined in the last couple of years.
The Gross Margin of ICE (77.83%) is better than 84.68% of its industry peers.
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
ICE has about the same amout of shares outstanding than it did 1 year ago.
ICE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ICE has been reduced compared to a year ago.
2.2 Solvency
ICE has an Altman-Z score of 0.91. This is a bad value and indicates that ICE is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.91, ICE is in line with its industry, outperforming 54.04% 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 71.91% of its industry peers.
A Debt/Equity ratio of 0.62 indicates that 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 63.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 0.91 |
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 45.11% 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.
Looking at the last year, ICE shows a quite strong growth in Revenue. The Revenue has grown by 9.92% in the last year.
ICE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.43% yearly.
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 Year6.67%
Revenue Next 2Y6.2%
Revenue Next 3Y6.04%
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.
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 24.59, the valuation of ICE can be described as rather expensive.
Based on the Price/Earnings ratio, ICE is valued a bit more expensive than the industry average as 62.55% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of ICE to the average of the S&P500 Index (27.25), we can say ICE is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 21.92, the valuation of ICE can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ICE is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 23.98. ICE is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.59 | ||
| Fwd PE | 21.92 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ICE is valued a bit cheaper than 77.02% of the companies in the same industry.
ICE's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.17 | ||
| EV/EBITDA | 17.6 |
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)1.63
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 6.19, ICE is paying slightly less dividend.
ICE's Dividend Yield is slightly below the S&P500 average, which is at 1.92.
| 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.
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 2Y11.79%
EPS Next 3Y11.53%
166.25
+0.27 (+0.16%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners94.47%
Inst Owner Change-0.14%
Ins Owners0.9%
Ins Owner Change-2.4%
Market Cap94.79B
Revenue(TTM)12.53B
Net Income(TTM)3.16B
Analysts80.95
Price Target193.09 (16.14%)
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)0.05%
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 | 24.59 | ||
| Fwd PE | 21.92 | ||
| P/S | 7.57 | ||
| P/FCF | 23.17 | ||
| P/OCF | 19.37 | ||
| P/B | 3.31 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.6 |
EPS(TTM)6.76
EY4.07%
EPS(NY)7.59
Fwd EY4.56%
FCF(TTM)7.18
FCFY4.32%
OCF(TTM)8.58
OCFY5.16%
SpS21.97
BVpS50.24
TBVpS-30.85
PEG (NY)1.63
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 | 0.91 |
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 5Y10.53%
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 5Y5.77%
EBIT growth 1Y12.13%
EBIT growth 3Y7.51%
EBIT growth 5Y10.53%
EBIT Next Year21.82%
EBIT Next 3Y12.1%
EBIT Next 5Y8.77%
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 24.59 and the Price/Book (PB) ratio is 3.31.
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.