INTERCONTINENTAL EXCHANGE IN (ICE) Stock Fundamental Analysis
USA - NYSE:ICE - US45866F1049 - Common Stock
152.78 USD
+2.45 (+1.63%)
150.81 USD
-1.97 (-1.29%)
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 belongs to the best of the industry regarding profitability, 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
In the past year ICE was profitable.
In the past year ICE had a positive cash flow from operations.
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's Return On Assets of 2.24% is in line compared to the rest of the industry. ICE outperforms 45.99% of its industry peers.
With a decent Return On Equity value of 11.04%, ICE is doing good in the industry, outperforming 64.14% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.58%, ICE belongs to the top of the industry, outperforming 80.59% 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 7.11%.
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
With a decent Profit Margin value of 25.24%, ICE is doing good in the industry, outperforming 65.40% of the companies in the same industry.
In the last couple of years the Profit Margin of ICE has declined.
ICE has a better Operating Margin (38.60%) than 71.31% of its industry peers.
In the last couple of years the Operating Margin of ICE has declined.
Looking at the Gross Margin, with a value of 77.83%, ICE belongs to the top of the industry, outperforming 83.97% 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.
The number of shares outstanding for ICE has been increased compared to 5 years ago.
ICE has a better debt/assets ratio than last year.
2.2 Solvency
ICE has an Altman-Z score of 0.87. This is a bad value and indicates that ICE is not financially healthy and even has some risk of bankruptcy.
ICE has a Altman-Z score (0.87) 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 has a better Debt to FCF ratio (4.65) than 73.00% of its industry peers.
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 61.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 0.87 |
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 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's Quick ratio of 1.01 is in line compared to the rest of the industry. ICE outperforms 46.41% 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.
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.
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
Based on estimates for the next years, ICE will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.08% on average per year.
The Revenue is expected to grow by 5.90% on average over the next years.
EPS Next Y14.91%
EPS Next 2Y11.88%
EPS Next 3Y11.68%
EPS Next 5Y12.08%
Revenue Next Year6.7%
Revenue Next 2Y6.17%
Revenue Next 3Y6.03%
Revenue Next 5Y5.9%
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
The Price/Earnings ratio is 22.60, which indicates a rather expensive current valuation of ICE.
Based on the Price/Earnings ratio, ICE is valued a bit more expensive than 60.76% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.51. ICE is around the same levels.
Based on the Price/Forward Earnings ratio of 20.11, the valuation of ICE can be described as rather expensive.
ICE's Price/Forward Earnings is on the same level as the industry average.
ICE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 34.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.6 | ||
| Fwd PE | 20.11 |
4.2 Price Multiples
ICE's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ICE is cheaper than 75.53% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as ICE.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.37 | ||
| EV/EBITDA | 16.23 |
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)1.52
PEG (5Y)2.4
EPS Next 2Y11.88%
EPS Next 3Y11.68%
5. Dividend
5.1 Amount
ICE has a Yearly Dividend Yield of 1.26%.
Compared to an average industry Dividend Yield of 8.50, ICE is paying slightly less dividend.
With a Dividend Yield of 1.26, ICE pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
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 2Y11.88%
EPS Next 3Y11.68%
152.78
+2.45 (+1.63%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners92.91%
Inst Owner Change1.89%
Ins Owners0.91%
Ins Owner Change-1.85%
Market Cap87.45B
Revenue(TTM)12.53B
Net Income(TTM)3.16B
Analysts80.87
Price Target202.55 (32.58%)
Short Float %1.05%
Short Ratio1.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
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)-2.79%
PT rev (3m)-2.31%
EPS NQ rev (1m)-1.73%
EPS NQ rev (3m)-3.73%
EPS NY rev (1m)-0.75%
EPS NY rev (3m)-0.28%
Revenue NQ rev (1m)-0.72%
Revenue NQ rev (3m)-0.79%
Revenue NY rev (1m)-0.65%
Revenue NY rev (3m)-0.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.6 | ||
| Fwd PE | 20.11 | ||
| P/S | 6.98 | ||
| P/FCF | 21.37 | ||
| P/OCF | 17.87 | ||
| P/B | 3.05 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.23 |
EPS(TTM)6.76
EY4.42%
EPS(NY)7.6
Fwd EY4.97%
FCF(TTM)7.15
FCFY4.68%
OCF(TTM)8.55
OCFY5.59%
SpS21.89
BVpS50.04
TBVpS-30.73
PEG (NY)1.52
PEG (5Y)2.4
Graham Number87.24
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 | 0.87 |
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 Y14.91%
EPS Next 2Y11.88%
EPS Next 3Y11.68%
EPS Next 5Y12.08%
Revenue 1Y (TTM)9.92%
Revenue growth 3Y8.66%
Revenue growth 5Y12.43%
Sales Q2Q%2.64%
Revenue Next Year6.7%
Revenue Next 2Y6.17%
Revenue Next 3Y6.03%
Revenue Next 5Y5.9%
EBIT growth 1Y12.13%
EBIT growth 3Y7.51%
EBIT growth 5Y10.53%
EBIT Next Year22.93%
EBIT Next 3Y12.18%
EBIT Next 5Y9.2%
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 22.6 and the Price/Book (PB) ratio is 3.05.
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 14.91% in the next year.