INTERCONTINENTAL EXCHANGE IN (IC2.DE) Stock Fundamental Analysis

FRA:IC2 • US45866F1049

122.42 EUR
-15.38 (-11.16%)
Last: Feb 12, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

Taking everything into account, IC2 scores 4 out of 10 in our fundamental rating. IC2 was compared to 117 industry peers in the Capital Markets industry. Both the profitability and the financial health of IC2 get a neutral evaluation. Nothing too spectacular is happening here. IC2 has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • IC2 had positive earnings in the past year.
  • IC2 had a positive operating cash flow in the past year.
  • Of the past 5 years IC2 4 years were profitable.
  • IC2 had a positive operating cash flow in 4 of the past 5 years.
IC2.DE Yearly Net Income VS EBIT VS OCF VS FCFIC2.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

1.2 Ratios

  • The Return On Assets of IC2 (2.24%) is better than 62.39% of its industry peers.
  • IC2 has a Return On Equity of 11.04%. This is in the better half of the industry: IC2 outperforms 65.81% of its industry peers.
  • The Return On Invested Capital of IC2 (7.58%) is better than 77.78% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for IC2 is below the industry average of 8.96%.
  • The 3 year average ROIC (6.58%) for IC2 is below the current ROIC(7.58%), indicating increased profibility in the last year.
Industry RankSector 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%
IC2.DE Yearly ROA, ROE, ROICIC2.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • Looking at the Profit Margin, with a value of 25.24%, IC2 is in the better half of the industry, outperforming 68.38% of the companies in the same industry.
  • IC2's Profit Margin has declined in the last couple of years.
  • IC2 has a better Operating Margin (38.60%) than 76.07% of its industry peers.
  • In the last couple of years the Operating Margin of IC2 has declined.
  • The Gross Margin of IC2 (77.83%) is better than 76.92% of its industry peers.
  • In the last couple of years the Gross Margin of IC2 has remained more or less at the same level.
Industry RankSector 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%
IC2.DE Yearly Profit, Operating, Gross MarginsIC2.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • IC2 has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
IC2.DE Yearly Shares OutstandingIC2.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M
IC2.DE Yearly Total Debt VS Total AssetsIC2.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B

2.2 Solvency

  • IC2 has an Altman-Z score of 0.85. This is a bad value and indicates that IC2 is not financially healthy and even has some risk of bankruptcy.
  • IC2's Altman-Z score of 0.85 is in line compared to the rest of the industry. IC2 outperforms 54.70% of its industry peers.
  • The Debt to FCF ratio of IC2 is 4.65, which is a neutral value as it means it would take IC2, 4.65 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 4.65, IC2 is in the better half of the industry, outperforming 73.50% of the companies in the same industry.
  • IC2 has a Debt/Equity ratio of 0.62. This is a neutral value indicating IC2 is somewhat dependend on debt financing.
  • IC2 has a Debt to Equity ratio (0.62) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.62
Debt/FCF 4.65
Altman-Z 0.85
ROIC/WACCN/A
WACCN/A
IC2.DE Yearly LT Debt VS Equity VS FCFIC2.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B 25B

2.3 Liquidity

  • IC2 has a Current Ratio of 1.01. This is a normal value and indicates that IC2 is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of IC2 (1.01) is better than 64.10% of its industry peers.
  • A Quick Ratio of 1.01 indicates that IC2 should not have too much problems paying its short term obligations.
  • IC2 has a Quick ratio of 1.01. This is in the better half of the industry: IC2 outperforms 64.96% of its industry peers.
Industry RankSector Rank
Current Ratio 1.01
Quick Ratio 1.01
IC2.DE Yearly Current Assets VS Current LiabilitesIC2.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • IC2 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.50%, which is quite good.
  • The Earnings Per Share has been growing by 9.03% on average over the past years. This is quite good.
EPS 1Y (TTM)14.5%
EPS 3Y9.39%
EPS 5Y9.03%
EPS Q2Q%12.5%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-17.36%

3.2 Future

  • Based on estimates for the next years, IC2 will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.56% on average per year.
  • IC2 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.55% yearly.
EPS Next Y9.06%
EPS Next 2Y10.35%
EPS Next 3Y11.23%
EPS Next 5Y9.56%
Revenue Next Year5.62%
Revenue Next 2Y5.81%
Revenue Next 3Y5.64%
Revenue Next 5Y5.55%

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 stable.
IC2.DE Yearly Revenue VS EstimatesIC2.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2B 4B 6B 8B 10B
IC2.DE Yearly EPS VS EstimatesIC2.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2 4 6 8 10

More info and screens

Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 20.93, the valuation of IC2 can be described as rather expensive.
  • The rest of the industry has a similar Price/Earnings ratio as IC2.
  • IC2 is valuated rather cheaply when we compare the Price/Earnings ratio to 27.67, which is the current average of the S&P500 Index.
  • IC2 is valuated rather expensively with a Price/Forward Earnings ratio of 19.18.
  • IC2's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. IC2 is cheaper than 62.39% of the companies in the same industry.
  • IC2's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.69.
Industry RankSector Rank
PE 20.93
Fwd PE 19.18
IC2.DE Price Earnings VS Forward Price EarningsIC2.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, IC2 is valued a bit cheaper than 74.36% of the companies in the same industry.
  • IC2's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. IC2 is cheaper than 77.78% of the companies in the same industry.
Industry RankSector Rank
P/FCF 20.25
EV/EBITDA 15.74
IC2.DE Per share dataIC2.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20 40

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • IC2 has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.31
PEG (5Y)2.32
EPS Next 2Y10.35%
EPS Next 3Y11.23%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. Dividend

5.1 Amount

  • IC2 has a Yearly Dividend Yield of 1.24%.
  • Compared to an average industry Dividend Yield of 3.00, IC2 has a dividend in line with its industry peers.
  • IC2's Dividend Yield is slightly below the S&P500 average, which is at 1.80.
Industry RankSector Rank
Dividend Yield 1.24%

5.2 History

  • The dividend of IC2 is nicely growing with an annual growth rate of 10.37%!
Dividend Growth(5Y)10.37%
Div Incr Years0
Div Non Decr Years0
IC2.DE Yearly Dividends per shareIC2.DE Yearly Dividends per shareYearly Dividends per share 2020 2021 2022 2023 2025 2026 0.5 1 1.5 2

5.3 Sustainability

  • IC2 pays out 34.47% of its income as dividend. This is a sustainable payout ratio.
  • IC2's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP34.47%
EPS Next 2Y10.35%
EPS Next 3Y11.23%
IC2.DE Yearly Income VS Free CF VS DividendIC2.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B
IC2.DE Dividend Payout.IC2.DE Dividend Payout, showing the Payout Ratio.IC2.DE Dividend Payout.PayoutRetained Earnings

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INTERCONTINENTAL EXCHANGE IN

FRA:IC2 (2/12/2026, 7:00:00 PM)

122.42

-15.38 (-11.16%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-05
Earnings (Next)04-29
Inst Owners94.47%
Inst Owner ChangeN/A
Ins Owners0.9%
Ins Owner ChangeN/A
Market Cap69.80B
Revenue(TTM)N/A
Net Income(TTM)3.16B
Analysts80.95
Price Target175.95 (43.73%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.24%
Yearly Dividend1.54
Dividend Growth(5Y)10.37%
DP34.47%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)2
Avg Revenue beat(4)14.18%
Min Revenue beat(4)-1.27%
Max Revenue beat(4)29.94%
Revenue beat(8)6
Avg Revenue beat(8)18.56%
Revenue beat(12)10
Avg Revenue beat(12)20.98%
Revenue beat(16)14
Avg Revenue beat(16)23.14%
PT rev (1m)0%
PT rev (3m)42.34%
EPS NQ rev (1m)-0.12%
EPS NQ rev (3m)0.74%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)4.68%
Revenue NQ rev (1m)-0.12%
Revenue NQ rev (3m)16.98%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)13.16%
Valuation
Industry RankSector Rank
PE 20.93
Fwd PE 19.18
P/S 6.62
P/FCF 20.25
P/OCF 16.94
P/B 2.89
P/tB N/A
EV/EBITDA 15.74
EPS(TTM)5.85
EY4.78%
EPS(NY)6.38
Fwd EY5.21%
FCF(TTM)6.04
FCFY4.94%
OCF(TTM)7.23
OCFY5.9%
SpS18.5
BVpS42.31
TBVpS-25.98
PEG (NY)2.31
PEG (5Y)2.32
Graham Number74.62
Profitability
Industry RankSector 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 RankSector 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 0.85
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)14.5%
EPS 3Y9.39%
EPS 5Y9.03%
EPS Q2Q%12.5%
EPS Next Y9.06%
EPS Next 2Y10.35%
EPS Next 3Y11.23%
EPS Next 5Y9.56%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-17.36%
Revenue Next Year5.62%
Revenue Next 2Y5.81%
Revenue Next 3Y5.64%
Revenue Next 5Y5.55%
EBIT growth 1Y12.13%
EBIT growth 3Y7.51%
EBIT growth 5Y10.53%
EBIT Next Year21.53%
EBIT Next 3Y11.95%
EBIT Next 5Y8.77%
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 / IC2.DE FAQ

What is the fundamental rating for IC2 stock?

ChartMill assigns a fundamental rating of 4 / 10 to IC2.DE.


What is the valuation status of INTERCONTINENTAL EXCHANGE IN (IC2.DE) stock?

ChartMill assigns a valuation rating of 4 / 10 to INTERCONTINENTAL EXCHANGE IN (IC2.DE). This can be considered as Fairly Valued.


What is the profitability of IC2 stock?

INTERCONTINENTAL EXCHANGE IN (IC2.DE) has a profitability rating of 6 / 10.


Can you provide the financial health for IC2 stock?

The financial health rating of INTERCONTINENTAL EXCHANGE IN (IC2.DE) is 4 / 10.


How sustainable is the dividend of INTERCONTINENTAL EXCHANGE IN (IC2.DE) stock?

The dividend rating of INTERCONTINENTAL EXCHANGE IN (IC2.DE) is 4 / 10 and the dividend payout ratio is 34.47%.