INTERCONTINENTAL EXCHANGE IN (ICE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ICE - US45866F1049 - Common Stock
172.94 USD
+6.25 (+3.75%)
169 USD
-3.94 (-2.28%)
Overall ICE gets a fundamental rating of 5 out of 10. We evaluated ICE against 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. 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.
- 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
- ICE has a Return On Assets (2.24%) which is in line with its industry peers.
- ICE has a Return On Equity of 11.04%. This is in the better half of the industry: ICE outperforms 64.68% of its industry peers.
- ICE has a better Return On Invested Capital (7.58%) than 80.00% 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 7.17%.
- 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 has a Profit Margin of 25.24%. This is in the better half of the industry: ICE outperforms 64.26% of its industry peers.
- ICE's Profit Margin has declined in the last couple of years.
- The Operating Margin of ICE (38.60%) is better than 70.21% of its industry peers.
- ICE's Operating Margin has declined in the last couple of years.
- ICE's Gross Margin of 77.83% is amongst the best of the industry. ICE outperforms 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.
- Compared to 1 year ago, ICE has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.92, we must say that ICE is in the distress zone and has some risk of bankruptcy.
- ICE has a Altman-Z score (0.92) which is in line with its industry peers.
- 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's Debt to FCF ratio of 4.65 is fine compared to the rest of the industry. ICE outperforms 71.91% of its industry peers.
- A Debt/Equity ratio of 0.62 indicates that 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 63.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 0.92 |
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 (1.01) which is comparable to the rest of the industry.
- A Quick Ratio of 1.01 indicates that ICE should not have too much problems paying its short term obligations.
- ICE has a Quick ratio (1.01) which 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
- The Earnings Per Share has grown by an nice 14.97% over the past year.
- Measured over the past years, ICE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.42% on average per year.
- 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
- The Earnings Per Share is expected to grow by 10.53% 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 5.77% on average per year.
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 25.58, the valuation of ICE can be described as expensive.
- Based on the Price/Earnings ratio, ICE is valued a bit more expensive than 63.40% of the companies in the same industry.
- ICE is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.33, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 22.80 indicates a rather expensive valuation of ICE.
- The rest of the industry has a similar Price/Forward Earnings ratio as ICE.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.12, 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 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 | 24.1 | ||
| EV/EBITDA | 17.64 |
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)1.69
PEG (5Y)2.72
EPS Next 2Y11.79%
EPS Next 3Y11.53%
5. Dividend
5.1 Amount
- ICE has a Yearly Dividend Yield of 1.19%. Purely for dividend investing, there may be better candidates out there.
- ICE's Dividend Yield is slightly below the industry average, which is at 6.19.
- Compared to the average S&P500 Dividend Yield of 1.91, ICE is paying slightly less dividend.
| 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 paid a dividend for at least 10 years, which is 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%
172.94
+6.25 (+3.75%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)10-30 2025-10-30/bmo
Earnings (Next)02-05 2026-02-05/amc
Inst Owners94.47%
Inst Owner Change-0.14%
Ins Owners0.9%
Ins Owner Change-2.4%
Market Cap98.61B
Revenue(TTM)12.53B
Net Income(TTM)3.16B
Analysts80.95
Price Target193.09 (11.65%)
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 | 25.58 | ||
| Fwd PE | 22.8 | ||
| P/S | 7.87 | ||
| P/FCF | 24.1 | ||
| P/OCF | 20.15 | ||
| P/B | 3.44 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.64 |
EPS(TTM)6.76
EY3.91%
EPS(NY)7.59
Fwd EY4.39%
FCF(TTM)7.18
FCFY4.15%
OCF(TTM)8.58
OCFY4.96%
SpS21.97
BVpS50.24
TBVpS-30.85
PEG (NY)1.69
PEG (5Y)2.72
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 | 0.92 |
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 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.