INTERCONTINENTAL EXCHANGE IN (ICE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ICE - US45866F1049 - Common Stock
172.44 USD
-0.84 (-0.48%)
171.53 USD
-0.91 (-0.53%)
ICE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 237 industry peers in the Capital Markets industry. ICE has an average financial health and profitability rating. 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.
- ICE had positive earnings in each of the past 5 years.
- ICE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 2.24%, ICE is in line with its industry, outperforming 44.30% of the companies in the same industry.
- The Return On Equity of ICE (11.04%) is better than 64.98% of its industry peers.
- ICE's Return On Invested Capital of 7.58% is fine compared to the rest of the industry. ICE outperforms 79.75% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ICE 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
- With a decent Profit Margin value of 25.24%, ICE is doing good in the industry, outperforming 64.14% of the companies in the same industry.
- ICE's Profit Margin has declined in the last couple of years.
- ICE has a better Operating Margin (38.60%) than 70.04% of its industry peers.
- In the last couple of years the Operating Margin of ICE has declined.
- ICE's Gross Margin of 77.83% is amongst the best of the industry. ICE outperforms 83.97% 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.
- Compared to 5 years ago, ICE has more shares outstanding
- The debt/assets ratio for ICE has been reduced compared to a year ago.
2.2 Solvency
- ICE has an Altman-Z score of 0.93. 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 (0.93) 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.
- Looking at the Debt to FCF ratio, with a value of 4.65, ICE is in the better half of the industry, outperforming 71.73% of the companies in the same industry.
- 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's Current ratio of 1.01 is in line compared to the rest of the industry. ICE outperforms 44.73% of its industry peers.
- A Quick Ratio of 1.01 indicates that ICE should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.01, ICE is in line with its industry, outperforming 45.57% of the companies in the same 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.
- 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.
- 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.
- 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
- 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
- A Price/Earnings ratio of 25.51 indicates a quite expensive valuation of ICE.
- ICE's Price/Earnings ratio is a bit more expensive when compared to the industry. ICE is more expensive than 68.35% of the companies in the same industry.
- When comparing the Price/Earnings ratio of ICE to the average of the S&P500 Index (28.60), we can say ICE is valued inline with the index average.
- ICE is valuated rather expensively with a Price/Forward Earnings ratio of 22.76.
- ICE's Price/Forward Earnings is on the same level as the industry average.
- ICE is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 25.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.51 | ||
| Fwd PE | 22.76 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ICE indicates a somewhat cheap valuation: ICE is cheaper than 75.11% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of ICE indicates a somewhat cheap valuation: ICE is cheaper than 61.18% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.03 | ||
| 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.
- The decent profitability rating of ICE may justify a higher PE ratio.
PEG (NY)1.69
PEG (5Y)2.71
EPS Next 2Y11.72%
EPS Next 3Y11.71%
5. Dividend
5.1 Amount
- ICE has a Yearly Dividend Yield of 1.10%. Purely for dividend investing, there may be better candidates out there.
- ICE's Dividend Yield is slightly below the industry average, which is at 5.87.
- 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
- 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
- 34.47% of the earnings are spent on dividend by ICE. This is a low number and 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 2Y11.72%
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 25.51 and the Price/Book (PB) ratio is 3.43.
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.