ICF INTERNATIONAL INC (ICFI) Stock Fundamental Analysis
USA - NASDAQ:ICFI - US44925C1036 - Common Stock
91.19 USD
+0.47 (+0.52%)
91 USD
-0.19 (-0.21%)
Taking everything into account, ICFI scores 5 out of 10 in our fundamental rating. ICFI was compared to 86 industry peers in the Professional Services industry. Both the profitability and the financial health of ICFI get a neutral evaluation. Nothing too spectacular is happening here. ICFI is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ICFI had positive earnings in the past year.
In the past year ICFI had a positive cash flow from operations.
Each year in the past 5 years ICFI has been profitable.
Each year in the past 5 years ICFI had a positive operating cash flow.
1.2 Ratios
ICFI has a better Return On Assets (5.20%) than 60.47% of its industry peers.
With a Return On Equity value of 10.77%, ICFI perfoms like the industry average, outperforming 56.98% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.92%, ICFI is in line with its industry, outperforming 55.81% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ICFI is significantly below the industry average of 13.28%.
The last Return On Invested Capital (7.92%) for ICFI is above the 3 year average (6.90%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.2% | ||
| ROE | 10.77% | ||
| ROIC | 7.92% |
ROA(3y)4.17%
ROA(5y)3.93%
ROE(3y)9.25%
ROE(5y)8.79%
ROIC(3y)6.9%
ROIC(5y)6.58%
1.3 Margins
ICFI's Profit Margin of 5.45% is fine compared to the rest of the industry. ICFI outperforms 63.95% of its industry peers.
In the last couple of years the Profit Margin of ICFI has grown nicely.
ICFI has a Operating Margin of 8.14%. This is in the better half of the industry: ICFI outperforms 67.44% of its industry peers.
In the last couple of years the Operating Margin of ICFI has grown nicely.
ICFI has a Gross Margin (37.12%) which is in line with its industry peers.
ICFI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.14% | ||
| PM (TTM) | 5.45% | ||
| GM | 37.12% |
OM growth 3Y4.76%
OM growth 5Y3.67%
PM growth 3Y6.01%
PM growth 5Y3.2%
GM growth 3Y-0.36%
GM growth 5Y0.56%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ICFI is destroying value.
ICFI has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, ICFI has less shares outstanding
Compared to 1 year ago, ICFI has an improved debt to assets ratio.
2.2 Solvency
ICFI has an Altman-Z score of 2.83. This is not the best score and indicates that ICFI is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of ICFI (2.83) is comparable to the rest of the industry.
The Debt to FCF ratio of ICFI is 3.97, which is a good value as it means it would take ICFI, 3.97 years of fcf income to pay off all of its debts.
ICFI has a Debt to FCF ratio (3.97) which is comparable to the rest of the industry.
ICFI has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
ICFI's Debt to Equity ratio of 0.47 is in line compared to the rest of the industry. ICFI outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.97 | ||
| Altman-Z | 2.83 |
ROIC/WACC0.99
WACC8.03%
2.3 Liquidity
A Current Ratio of 1.29 indicates that ICFI should not have too much problems paying its short term obligations.
ICFI's Current ratio of 1.29 is in line compared to the rest of the industry. ICFI outperforms 43.02% of its industry peers.
ICFI has a Quick Ratio of 1.29. This is a normal value and indicates that ICFI is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.29, ICFI is in line with its industry, outperforming 43.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.76% over the past year.
The Earnings Per Share has been growing by 11.73% on average over the past years. This is quite good.
ICFI shows a decrease in Revenue. In the last year, the revenue decreased by -0.46%.
ICFI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.44% yearly.
EPS 1Y (TTM)5.76%
EPS 3Y14.29%
EPS 5Y11.73%
EPS Q2Q%-1.78%
Revenue 1Y (TTM)-0.46%
Revenue growth 3Y9.16%
Revenue growth 5Y6.44%
Sales Q2Q%-7.01%
3.2 Future
The Earnings Per Share is expected to grow by 1.79% on average over the next years.
The Revenue is expected to decrease by -0.66% on average over the next years.
EPS Next Y0.3%
EPS Next 2Y1.79%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-4.57%
Revenue Next 2Y-0.66%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
ICFI is valuated correctly with a Price/Earnings ratio of 12.41.
Based on the Price/Earnings ratio, ICFI is valued cheaper than 81.40% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.77, ICFI is valued rather cheaply.
A Price/Forward Earnings ratio of 12.21 indicates a correct valuation of ICFI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ICFI indicates a somewhat cheap valuation: ICFI is cheaper than 75.58% of the companies listed in the same industry.
ICFI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.41 | ||
| Fwd PE | 12.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ICFI is valued a bit cheaper than the industry average as 77.91% of the companies are valued more expensively.
ICFI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ICFI is cheaper than 72.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.05 | ||
| EV/EBITDA | 9.91 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ICFI does not grow enough to justify the current Price/Earnings ratio.
ICFI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)41.03
PEG (5Y)1.06
EPS Next 2Y1.79%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.65%, ICFI is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.84, ICFI pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.65, ICFI pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.65% |
5.2 History
The dividend of ICFI has a limited annual growth rate of 0.11%.
ICFI has been paying a dividend for over 5 years, so it has already some track record.
ICFI has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)0.11%
Div Incr Years0
Div Non Decr Years6
5.3 Sustainability
9.70% of the earnings are spent on dividend by ICFI. This is a low number and sustainable payout ratio.
ICFI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP9.7%
EPS Next 2Y1.79%
EPS Next 3YN/A
91.19
+0.47 (+0.52%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners97.59%
Inst Owner Change-0.01%
Ins Owners1.41%
Ins Owner Change1.01%
Market Cap1.68B
Revenue(TTM)1.98B
Net Income(TTM)107.75M
Analysts83.64
Price Target106.59 (16.89%)
Short Float %1.89%
Short Ratio1.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.65% |
Yearly Dividend0.56
Dividend Growth(5Y)0.11%
DP9.7%
Div Incr Years0
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.2%
Min EPS beat(2)1.08%
Max EPS beat(2)9.31%
EPS beat(4)3
Avg EPS beat(4)3.18%
Min EPS beat(4)-1.57%
Max EPS beat(4)9.31%
EPS beat(8)7
Avg EPS beat(8)6.81%
EPS beat(12)10
Avg EPS beat(12)5.84%
EPS beat(16)12
Avg EPS beat(16)6.81%
Revenue beat(2)0
Avg Revenue beat(2)-2.61%
Min Revenue beat(2)-3.32%
Max Revenue beat(2)-1.89%
Revenue beat(4)0
Avg Revenue beat(4)-2.7%
Min Revenue beat(4)-4.01%
Max Revenue beat(4)-1.57%
Revenue beat(8)0
Avg Revenue beat(8)-2.11%
Revenue beat(12)1
Avg Revenue beat(12)-1.56%
Revenue beat(16)2
Avg Revenue beat(16)-1.63%
PT rev (1m)0%
PT rev (3m)1.95%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.77%
EPS NY rev (1m)0%
EPS NY rev (3m)2.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.02%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.41 | ||
| Fwd PE | 12.21 | ||
| P/S | 0.85 | ||
| P/FCF | 14.05 | ||
| P/OCF | 12.02 | ||
| P/B | 1.68 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.91 |
EPS(TTM)7.35
EY8.06%
EPS(NY)7.47
Fwd EY8.19%
FCF(TTM)6.49
FCFY7.12%
OCF(TTM)7.59
OCFY8.32%
SpS107.28
BVpS54.28
TBVpS-18.9
PEG (NY)41.03
PEG (5Y)1.06
Graham Number94.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.2% | ||
| ROE | 10.77% | ||
| ROCE | 9.57% | ||
| ROIC | 7.92% | ||
| ROICexc | 7.95% | ||
| ROICexgc | 40.95% | ||
| OM | 8.14% | ||
| PM (TTM) | 5.45% | ||
| GM | 37.12% | ||
| FCFM | 6.05% |
ROA(3y)4.17%
ROA(5y)3.93%
ROE(3y)9.25%
ROE(5y)8.79%
ROIC(3y)6.9%
ROIC(5y)6.58%
ROICexc(3y)6.93%
ROICexc(5y)6.61%
ROICexgc(3y)39.19%
ROICexgc(5y)34.68%
ROCE(3y)8.35%
ROCE(5y)7.95%
ROICexgc growth 3Y22.5%
ROICexgc growth 5Y12.7%
ROICexc growth 3Y10.75%
ROICexc growth 5Y1.3%
OM growth 3Y4.76%
OM growth 5Y3.67%
PM growth 3Y6.01%
PM growth 5Y3.2%
GM growth 3Y-0.36%
GM growth 5Y0.56%
F-Score6
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.97 | ||
| Debt/EBITDA | 2.18 | ||
| Cap/Depr | 36.2% | ||
| Cap/Sales | 1.02% | ||
| Interest Coverage | 5.42 | ||
| Cash Conversion | 64.5% | ||
| Profit Quality | 110.99% | ||
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.29 | ||
| Altman-Z | 2.83 |
F-Score6
WACC8.03%
ROIC/WACC0.99
Cap/Depr(3y)41.98%
Cap/Depr(5y)48.13%
Cap/Sales(3y)1.19%
Cap/Sales(5y)1.21%
Profit Quality(3y)169.39%
Profit Quality(5y)183.54%
High Growth Momentum
Growth
EPS 1Y (TTM)5.76%
EPS 3Y14.29%
EPS 5Y11.73%
EPS Q2Q%-1.78%
EPS Next Y0.3%
EPS Next 2Y1.79%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-0.46%
Revenue growth 3Y9.16%
Revenue growth 5Y6.44%
Sales Q2Q%-7.01%
Revenue Next Year-4.57%
Revenue Next 2Y-0.66%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y5.73%
EBIT growth 3Y14.35%
EBIT growth 5Y10.34%
EBIT Next Year24.97%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-19.79%
FCF growth 3Y18.46%
FCF growth 5Y18.41%
OCF growth 1Y-20.41%
OCF growth 3Y15.9%
OCF growth 5Y13.42%