ICL GROUP LTD (ICL) Stock Fundamental Analysis
USA - NYSE:ICL - IL0002810146 - Common Stock
6.59 USD
-0.25 (-3.65%)
6.59 USD
0 (0%)
Taking everything into account, ICL scores 5 out of 10 in our fundamental rating. ICL was compared to 83 industry peers in the Chemicals industry. While ICL belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. ICL is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year ICL was profitable.
In the past year ICL had a positive cash flow from operations.
Each year in the past 5 years ICL has been profitable.
Each year in the past 5 years ICL had a positive operating cash flow.
1.2 Ratios
ICL has a better Return On Assets (2.97%) than 63.86% of its industry peers.
The Return On Equity of ICL (6.10%) is better than 67.47% of its industry peers.
The Return On Invested Capital of ICL (5.24%) is better than 60.24% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ICL is significantly above the industry average of 6.30%.
The last Return On Invested Capital (5.24%) for ICL is well below the 3 year average (13.86%), which needs to be investigated, but indicates that ICL had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.97% | ||
| ROE | 6.1% | ||
| ROIC | 5.24% |
ROA(3y)9.18%
ROA(5y)6.94%
ROE(3y)19.28%
ROE(5y)15.08%
ROIC(3y)13.86%
ROIC(5y)10.81%
1.3 Margins
Looking at the Profit Margin, with a value of 5.28%, ICL is in the better half of the industry, outperforming 71.08% of the companies in the same industry.
In the last couple of years the Profit Margin of ICL has declined.
The Operating Margin of ICL (10.46%) is better than 60.24% of its industry peers.
In the last couple of years the Operating Margin of ICL has declined.
Looking at the Gross Margin, with a value of 32.29%, ICL is in the better half of the industry, outperforming 61.45% of the companies in the same industry.
ICL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.46% | ||
| PM (TTM) | 5.28% | ||
| GM | 32.29% |
OM growth 3Y-13.01%
OM growth 5Y-4.18%
PM growth 3Y-19.15%
PM growth 5Y-7.97%
GM growth 3Y-4.23%
GM growth 5Y-0.88%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ICL is creating value.
Compared to 1 year ago, ICL has about the same amount of shares outstanding.
Compared to 5 years ago, ICL has more shares outstanding
Compared to 1 year ago, ICL has an improved debt to assets ratio.
2.2 Solvency
ICL has an Altman-Z score of 2.44. This is not the best score and indicates that ICL is in the grey zone with still only limited risk for bankruptcy at the moment.
ICL's Altman-Z score of 2.44 is fine compared to the rest of the industry. ICL outperforms 68.67% of its industry peers.
ICL has a debt to FCF ratio of 6.12. This is a slightly negative value and a sign of low solvency as ICL would need 6.12 years to pay back of all of its debts.
ICL has a Debt to FCF ratio of 6.12. This is in the better half of the industry: ICL outperforms 75.90% of its industry peers.
ICL has a Debt/Equity ratio of 0.42. This is a healthy value indicating a solid balance between debt and equity.
ICL has a better Debt to Equity ratio (0.42) than 71.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 6.12 | ||
| Altman-Z | 2.44 |
ROIC/WACC0.69
WACC7.61%
2.3 Liquidity
A Current Ratio of 1.75 indicates that ICL should not have too much problems paying its short term obligations.
ICL's Current ratio of 1.75 is on the low side compared to the rest of the industry. ICL is outperformed by 60.24% of its industry peers.
ICL has a Quick Ratio of 1.05. This is a normal value and indicates that ICL is financially healthy and should not expect problems in meeting its short term obligations.
ICL has a Quick ratio of 1.05. This is in the lower half of the industry: ICL underperforms 63.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
ICL shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.50%.
Looking at the last year, ICL shows a decrease in Revenue. The Revenue has decreased by -1.22% in the last year.
ICL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.35% yearly.
EPS 1Y (TTM)-7.5%
EPS 3Y-16.38%
EPS 5Y0%
EPS Q2Q%-10%
Revenue 1Y (TTM)-1.22%
Revenue growth 3Y-0.55%
Revenue growth 5Y5.35%
Sales Q2Q%4.57%
3.2 Future
The Earnings Per Share is expected to grow by 11.46% on average over the next years. This is quite good.
Based on estimates for the next years, ICL will show a small growth in Revenue. The Revenue will grow by 4.13% on average per year.
EPS Next Y-1.04%
EPS Next 2Y10.53%
EPS Next 3Y11.46%
EPS Next 5YN/A
Revenue Next Year3.8%
Revenue Next 2Y4.5%
Revenue Next 3Y4.13%
Revenue Next 5YN/A
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
With a Price/Earnings ratio of 17.81, ICL is valued on the expensive side.
ICL's Price/Earnings is on the same level as the industry average.
ICL's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.34.
The Price/Forward Earnings ratio is 14.19, which indicates a correct valuation of ICL.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ICL is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of ICL to the average of the S&P500 Index (22.86), we can say ICL is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.81 | ||
| Fwd PE | 14.19 |
4.2 Price Multiples
ICL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ICL is cheaper than 67.47% of the companies in the same industry.
ICL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ICL is cheaper than 71.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.87 | ||
| EV/EBITDA | 8.24 |
4.3 Compensation for Growth
The decent profitability rating of ICL may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y10.53%
EPS Next 3Y11.46%
5. Dividend
5.1 Amount
ICL has a Yearly Dividend Yield of 2.79%. Purely for dividend investing, there may be better candidates out there.
ICL's Dividend Yield is a higher than the industry average which is at 3.69.
ICL's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.79% |
5.2 History
The dividend of ICL decreases each year by -1.81%.
ICL has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-1.81%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
64.85% of the earnings are spent on dividend by ICL. This is not a sustainable payout ratio.
DP64.85%
EPS Next 2Y10.53%
EPS Next 3Y11.46%
6.59
-0.25 (-3.65%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners25.14%
Inst Owner Change-0.81%
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap8.51B
Analysts47.5
Price Target0.02 (-99.7%)
Short Float %0.23%
Short Ratio2.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.79% |
Yearly Dividend0.19
Dividend Growth(5Y)-1.81%
DP64.85%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-9.62%
Min EPS beat(2)-18.25%
Max EPS beat(2)-0.99%
EPS beat(4)2
Avg EPS beat(4)1.71%
Min EPS beat(4)-18.25%
Max EPS beat(4)25.18%
EPS beat(8)6
Avg EPS beat(8)9.5%
EPS beat(12)7
Avg EPS beat(12)6.24%
EPS beat(16)11
Avg EPS beat(16)18.56%
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-69.87%
PT rev (3m)-68.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-14.06%
EPS NY rev (1m)2.43%
EPS NY rev (3m)-14.21%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.81 | ||
| Fwd PE | 14.19 | ||
| P/S | 1.22 | ||
| P/FCF | 17.87 | ||
| P/OCF | 6.57 | ||
| P/B | 1.41 | ||
| P/tB | 1.68 | ||
| EV/EBITDA | 8.24 |
EPS(TTM)0.37
EY5.61%
EPS(NY)0.46
Fwd EY7.05%
FCF(TTM)0.37
FCFY5.6%
OCF(TTM)1
OCFY15.21%
SpS5.39
BVpS4.66
TBVpS3.93
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.97% | ||
| ROE | 6.1% | ||
| ROCE | 7.31% | ||
| ROIC | 5.24% | ||
| ROICexc | 5.64% | ||
| ROICexgc | 6.28% | ||
| OM | 10.46% | ||
| PM (TTM) | 5.28% | ||
| GM | 32.29% | ||
| FCFM | 6.85% |
ROA(3y)9.18%
ROA(5y)6.94%
ROE(3y)19.28%
ROE(5y)15.08%
ROIC(3y)13.86%
ROIC(5y)10.81%
ROICexc(3y)14.67%
ROICexc(5y)11.45%
ROICexgc(3y)16.24%
ROICexgc(5y)12.7%
ROCE(3y)19.96%
ROCE(5y)15.59%
ROICexcg growth 3Y-15.7%
ROICexcg growth 5Y-1.81%
ROICexc growth 3Y-15.48%
ROICexc growth 5Y-2.08%
OM growth 3Y-13.01%
OM growth 5Y-4.18%
PM growth 3Y-19.15%
PM growth 5Y-7.97%
GM growth 3Y-4.23%
GM growth 5Y-0.88%
F-Score5
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 6.12 | ||
| Debt/EBITDA | 1.92 | ||
| Cap/Depr | 136.79% | ||
| Cap/Sales | 11.76% | ||
| Interest Coverage | 6.21 | ||
| Cash Conversion | 97.66% | ||
| Profit Quality | 129.7% | ||
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | 2.44 |
F-Score5
WACC7.61%
ROIC/WACC0.69
Cap/Depr(3y)138.38%
Cap/Depr(5y)133.57%
Cap/Sales(3y)9.41%
Cap/Sales(5y)9.89%
Profit Quality(3y)123.56%
Profit Quality(5y)409.37%
High Growth Momentum
Growth
EPS 1Y (TTM)-7.5%
EPS 3Y-16.38%
EPS 5Y0%
EPS Q2Q%-10%
EPS Next Y-1.04%
EPS Next 2Y10.53%
EPS Next 3Y11.46%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.22%
Revenue growth 3Y-0.55%
Revenue growth 5Y5.35%
Sales Q2Q%4.57%
Revenue Next Year3.8%
Revenue Next 2Y4.5%
Revenue Next 3Y4.13%
Revenue Next 5YN/A
EBIT growth 1Y-7.97%
EBIT growth 3Y-13.49%
EBIT growth 5Y0.95%
EBIT Next Year68.18%
EBIT Next 3Y25.41%
EBIT Next 5YN/A
FCF growth 1Y-57.35%
FCF growth 3Y18.48%
FCF growth 5Y12.66%
OCF growth 1Y-29.9%
OCF growth 3Y11.29%
OCF growth 5Y8.15%