INTERCONTINENTAL EXCHANGE IN (ICE) Stock Fundamental Analysis
USA - NYSE:ICE - US45866F1049 - Common Stock
148.68 USD
+1.7 (+1.16%)
Taking everything into account, ICE scores 5 out of 10 in our fundamental rating. ICE was compared to 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 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.
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
ICE has a Return On Assets (2.24%) which is in line with its industry peers.
ICE has a better Return On Equity (11.04%) than 63.29% of its industry peers.
ICE's Return On Invested Capital of 7.58% is amongst the best of the industry. ICE outperforms 80.17% 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 7.63%.
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
The Profit Margin of ICE (25.24%) is better than 65.82% of its industry peers.
In the last couple of years the Profit Margin of ICE has declined.
ICE's Operating Margin of 38.60% is fine compared to the rest of the industry. ICE outperforms 68.78% 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
Compared to 1 year ago, ICE has about the same amount of shares outstanding.
Compared to 5 years ago, ICE has more shares outstanding
ICE has a better debt/assets ratio than last year.
2.2 Solvency
ICE has an Altman-Z score of 0.86. 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 (0.86) which 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.
ICE has a Debt to FCF ratio of 4.65. This is in the better half of the industry: ICE outperforms 72.57% 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.
Looking at the Debt to Equity ratio, with a value of 0.62, ICE is in the better half of the industry, outperforming 61.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 0.86 |
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.
With a Current ratio value of 1.01, ICE perfoms like the industry average, outperforming 41.77% 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 of 1.01. This is comparable to the rest of the industry: ICE outperforms 45.57% 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
ICE is valuated rather expensively with a Price/Earnings ratio of 21.99.
ICE's Price/Earnings ratio is a bit more expensive when compared to the industry. ICE is more expensive than 60.34% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.03, ICE is valued at the same level.
The Price/Forward Earnings ratio is 19.57, which indicates a rather expensive current 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 22.27. ICE is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.99 | ||
| Fwd PE | 19.57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ICE is valued a bit cheaper than 78.06% 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 | 20.8 | ||
| EV/EBITDA | 15.93 |
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)1.48
PEG (5Y)2.33
EPS Next 2Y11.88%
EPS Next 3Y11.68%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.31%, ICE has a reasonable but not impressive dividend return.
In the last 3 months the price of ICE has falen by -21.15%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 8.50, ICE is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.38, ICE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
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.
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%
NYSE:ICE (11/5/2025, 11:43:09 AM)
148.68
+1.7 (+1.16%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners92.91%
Inst Owner Change-0.69%
Ins Owners0.91%
Ins Owner Change-0.77%
Market Cap85.11B
Revenue(TTM)12.53B
Net Income(TTM)3.16B
Analysts80.87
Price Target202.55 (36.23%)
Short Float %1.1%
Short Ratio1.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
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)-2.75%
PT rev (3m)-1.57%
EPS NQ rev (1m)-4.74%
EPS NQ rev (3m)-7.45%
EPS NY rev (1m)-1.7%
EPS NY rev (3m)-1.24%
Revenue NQ rev (1m)-2.75%
Revenue NQ rev (3m)-3.25%
Revenue NY rev (1m)-0.55%
Revenue NY rev (3m)-0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.99 | ||
| Fwd PE | 19.57 | ||
| P/S | 6.79 | ||
| P/FCF | 20.8 | ||
| P/OCF | 17.39 | ||
| P/B | 2.97 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.93 |
EPS(TTM)6.76
EY4.55%
EPS(NY)7.6
Fwd EY5.11%
FCF(TTM)7.15
FCFY4.81%
OCF(TTM)8.55
OCFY5.75%
SpS21.89
BVpS50.04
TBVpS-30.73
PEG (NY)1.48
PEG (5Y)2.33
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 | 0.86 |
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 21.99 and the Price/Book (PB) ratio is 2.97.
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.