INVESTCORP CREDIT MANAGEMENT (ICMB)
US46090R1041 - Common Stock
Taking everything into account, ICMB scores 3 out of 10 in our fundamental rating. ICMB was compared to 220 industry peers in the Capital Markets industry. ICMB may be in some trouble as it scores bad on both profitability and health. ICMB is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ICMB had positive earnings in the past year.
ICMB had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ICMB reported negative net income in multiple years.
ICMB had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -2.13%, ICMB is doing worse than 84.72% of the companies in the same industry.
ICMB has a worse Return On Equity (-5.45%) than 81.48% of its industry peers.
ICMB has a Return On Invested Capital of 2.87%. This is in the lower half of the industry: ICMB underperforms 65.28% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ICMB is significantly below the industry average of 17.69%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.13% | ||
| ROE | -5.45% | ||
| ROIC | 2.87% |
ROA(3y)0.11%
ROA(5y)-1.77%
ROE(3y)0.33%
ROE(5y)-4.84%
ROIC(3y)3.05%
ROIC(5y)3.15%
1.3 Margins
Looking at the Operating Margin, with a value of 27.61%, ICMB is in line with its industry, outperforming 48.61% of the companies in the same industry.
In the last couple of years the Operating Margin of ICMB has declined.
ICMB's Gross Margin of 40.51% is on the low side compared to the rest of the industry. ICMB is outperformed by 66.20% of its industry peers.
In the last couple of years the Gross Margin of ICMB has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.61% | ||
| PM (TTM) | N/A | ||
| GM | 40.51% |
OM growth 3Y-6.8%
OM growth 5Y-6.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.33%
GM growth 5Y-3.46%
2. Health
2.1 Basic Checks
ICMB has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, ICMB has more shares outstanding
Compared to 1 year ago, ICMB has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -0.79, we must say that ICMB is in the distress zone and has some risk of bankruptcy.
ICMB's Altman-Z score of -0.79 is on the low side compared to the rest of the industry. ICMB is outperformed by 92.13% of its industry peers.
The Debt to FCF ratio of ICMB is 2.87, which is a good value as it means it would take ICMB, 2.87 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 2.87, ICMB is doing good in the industry, outperforming 74.07% of the companies in the same industry.
A Debt/Equity ratio of 1.42 is on the high side and indicates that ICMB has dependencies on debt financing.
The Debt to Equity ratio of ICMB (1.42) is worse than 69.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | 2.87 | ||
| Altman-Z | -0.79 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
ICMB has a Current Ratio of 0.04. This is a bad value and indicates that ICMB is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of ICMB (0.04) is worse than 97.22% of its industry peers.
A Quick Ratio of 0.04 indicates that ICMB may have some problems paying its short term obligations.
ICMB's Quick ratio of 0.04 is on the low side compared to the rest of the industry. ICMB is outperformed by 97.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.04 | ||
| Quick Ratio | 0.04 |
3. Growth
3.1 Past
The earnings per share for ICMB have decreased strongly by -26.15% in the last year.
ICMB shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -13.48% yearly.
Looking at the last year, ICMB shows a very negative growth in Revenue. The Revenue has decreased by -10.53% in the last year.
The Revenue has been decreasing by -7.04% on average over the past years.
EPS 1Y (TTM)-26.15%
EPS 3Y-9.61%
EPS 5Y-13.48%
EPS Q2Q%-40%
Revenue 1Y (TTM)-10.53%
Revenue growth 3Y-3.64%
Revenue growth 5Y-7.04%
Sales Q2Q%-22.44%
3.2 Future
The Earnings Per Share is expected to grow by 9.09% on average over the next years. This is quite good.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y6.25%
EPS Next 2Y9.09%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.7%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.60, the valuation of ICMB can be described as very cheap.
86.57% of the companies in the same industry are more expensive than ICMB, based on the Price/Earnings ratio.
ICMB is valuated cheaply when we compare the Price/Earnings ratio to 31.77, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 6.22, which indicates a rather cheap valuation of ICMB.
Based on the Price/Forward Earnings ratio, ICMB is valued cheaper than 93.52% of the companies in the same industry.
ICMB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.6 | ||
| Fwd PE | 6.22 |
4.2 Price Multiples
ICMB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ICMB is cheaper than 96.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.23 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.06
PEG (5Y)N/A
EPS Next 2Y9.09%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ICMB has a Yearly Dividend Yield of 15.00%, which is a nice return.
Compared to an average industry Dividend Yield of 9.18, ICMB pays a better dividend. On top of this ICMB pays more dividend than 90.28% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.21, ICMB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 15% |
5.2 History
The dividend of ICMB decreases each year by -4.85%.
ICMB has been paying a dividend for at least 10 years, so it has a reliable track record.
ICMB has decreased its dividend recently.
Dividend Growth(5Y)-4.85%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
The earnings of ICMB are negative and hence is the payout ratio. ICMB will probably not be able to sustain this dividend level.
DP-273.68%
EPS Next 2Y9.09%
EPS Next 3YN/A
INVESTCORP CREDIT MANAGEMENT
NASDAQ:ICMB (10/17/2024, 8:42:04 PM)
After market: 3.19 +0.02 (+0.63%)3.17
-0.09 (-2.76%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap45.65M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 15% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.6 | ||
| Fwd PE | 6.22 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.06
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.13% | ||
| ROE | -5.45% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 27.61% | ||
| PM (TTM) | N/A | ||
| GM | 40.51% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.04 | ||
| Quick Ratio | 0.04 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-26.15%
EPS 3Y-9.61%
EPS 5Y
EPS Q2Q%
EPS Next Y6.25%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-10.53%
Revenue growth 3Y-3.64%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y