INTERCONTINENTAL EXCHANGE IN (ICE) Stock Fundamental Analysis
USA - NYSE:ICE - US45866F1049 - Common Stock
157.65 USD
+0.2 (+0.13%)
157.65 USD
0 (0%)
ICE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 238 industry peers in the Capital Markets industry. Both the profitability and the financial health of ICE get a neutral evaluation. Nothing too spectacular is happening here. 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.
Each year in the past 5 years ICE has been profitable.
ICE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.08%, ICE is in line with its industry, outperforming 43.64% of the companies in the same industry.
Looking at the Return On Equity, with a value of 10.56%, ICE is in line with its industry, outperforming 59.75% of the companies in the same industry.
The Return On Invested Capital of ICE (7.54%) is better than 80.08% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ICE is in line with the industry average of 7.57%.
The 3 year average ROIC (6.58%) for ICE is below the current ROIC(7.54%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.08% | ||
| ROE | 10.56% | ||
| ROIC | 7.54% |
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
ICE's Profit Margin of 23.92% is fine compared to the rest of the industry. ICE outperforms 61.86% of its industry peers.
In the last couple of years the Profit Margin of ICE has declined.
Looking at the Operating Margin, with a value of 38.18%, ICE is in the better half of the industry, outperforming 68.22% of the companies in the same industry.
In the last couple of years the Operating Margin of ICE has declined.
With an excellent Gross Margin value of 77.17%, ICE belongs to the best of the industry, outperforming 83.47% of the companies in the same industry.
In the last couple of years the Gross Margin of ICE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.18% | ||
| PM (TTM) | 23.92% | ||
| GM | 77.17% |
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
ICE has about the same amout of shares outstanding than it did 1 year ago.
ICE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ICE has been reduced compared to a year ago.
2.2 Solvency
ICE has an Altman-Z score of 0.85. This is a bad value and indicates that ICE is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ICE (0.85) is comparable to the rest of the industry.
The Debt to FCF ratio of ICE is 4.71, which is a neutral value as it means it would take ICE, 4.71 years of fcf income to pay off all of its debts.
ICE has a Debt to FCF ratio of 4.71. This is in the better half of the industry: ICE outperforms 72.03% of its industry peers.
A Debt/Equity ratio of 0.63 indicates that ICE is somewhat dependend on debt financing.
The Debt to Equity ratio of ICE (0.63) is better than 61.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 4.71 | ||
| Altman-Z | 0.85 |
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.
ICE has a Current ratio (1.01) which is comparable to the rest of the 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 (1.01) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
ICE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.99%, which is quite good.
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 16.32% 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)13.99%
EPS 3Y5.7%
EPS 5Y9.42%
EPS Q2Q%19.08%
Revenue 1Y (TTM)16.32%
Revenue growth 3Y8.66%
Revenue growth 5Y12.43%
Sales Q2Q%9.75%
3.2 Future
The Earnings Per Share is expected to grow by 12.44% on average over the next years. This is quite good.
Based on estimates for the next years, ICE will show a small growth in Revenue. The Revenue will grow by 5.86% on average per year.
EPS Next Y15.77%
EPS Next 2Y13.13%
EPS Next 3Y12.32%
EPS Next 5Y12.44%
Revenue Next Year7.39%
Revenue Next 2Y6.58%
Revenue Next 3Y6.27%
Revenue Next 5Y5.86%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
With a Price/Earnings ratio of 23.89, ICE is valued on the expensive side.
63.56% of the companies in the same industry are cheaper than ICE, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.91, ICE is valued at the same level.
The Price/Forward Earnings ratio is 20.29, which indicates a rather expensive current valuation of ICE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ICE is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.92, ICE is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.89 | ||
| Fwd PE | 20.29 |
4.2 Price Multiples
ICE's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ICE is cheaper than 76.69% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ICE is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.13 | ||
| EV/EBITDA | 16.96 |
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.
ICE's earnings are expected to grow with 12.32% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.51
PEG (5Y)2.54
EPS Next 2Y13.13%
EPS Next 3Y12.32%
5. Dividend
5.1 Amount
ICE has a Yearly Dividend Yield of 1.22%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 8.45, ICE is paying slightly less dividend.
With a Dividend Yield of 1.22, ICE pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.22% |
5.2 History
The dividend of ICE is nicely growing with an annual growth rate of 10.37%!
ICE has been paying a dividend for at least 10 years, so it has a reliable track record.
ICE has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)10.37%
Div Incr Years12
Div Non Decr Years12
5.3 Sustainability
35.80% of the earnings are spent on dividend by ICE. This is a low number and 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.
DP35.8%
EPS Next 2Y13.13%
EPS Next 3Y12.32%
157.65
+0.2 (+0.13%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners92.91%
Inst Owner Change0.26%
Ins Owners0.91%
Ins Owner Change-0.77%
Market Cap90.24B
Revenue(TTM)12.55B
Net Income(TTM)3.00B
Analysts80
Price Target208.37 (32.17%)
Short Float %1.27%
Short Ratio2.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.22% |
Yearly Dividend1.81
Dividend Growth(5Y)10.37%
DP35.8%
Div Incr Years12
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.6%
Min EPS beat(2)-0.05%
Max EPS beat(2)1.25%
EPS beat(4)2
Avg EPS beat(4)0.27%
Min EPS beat(4)-1.05%
Max EPS beat(4)1.25%
EPS beat(8)5
Avg EPS beat(8)0.95%
EPS beat(12)7
Avg EPS beat(12)0.93%
EPS beat(16)10
Avg EPS beat(16)1.24%
Revenue beat(2)0
Avg Revenue beat(2)-0.57%
Min Revenue beat(2)-0.66%
Max Revenue beat(2)-0.48%
Revenue beat(4)0
Avg Revenue beat(4)-0.91%
Min Revenue beat(4)-1.32%
Max Revenue beat(4)-0.48%
Revenue beat(8)0
Avg Revenue beat(8)-0.99%
Revenue beat(12)2
Avg Revenue beat(12)4.39%
Revenue beat(16)6
Avg Revenue beat(16)10.55%
PT rev (1m)0.04%
PT rev (3m)1.26%
EPS NQ rev (1m)-4.47%
EPS NQ rev (3m)-6.27%
EPS NY rev (1m)-0.23%
EPS NY rev (3m)0.47%
Revenue NQ rev (1m)-1.71%
Revenue NQ rev (3m)-1.83%
Revenue NY rev (1m)-0.19%
Revenue NY rev (3m)0.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.89 | ||
| Fwd PE | 20.29 | ||
| P/S | 7.19 | ||
| P/FCF | 22.13 | ||
| P/OCF | 18.51 | ||
| P/B | 3.17 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.96 |
EPS(TTM)6.6
EY4.19%
EPS(NY)7.77
Fwd EY4.93%
FCF(TTM)7.12
FCFY4.52%
OCF(TTM)8.52
OCFY5.4%
SpS21.93
BVpS49.69
TBVpS-31.54
PEG (NY)1.51
PEG (5Y)2.54
Graham Number85.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.08% | ||
| ROE | 10.56% | ||
| ROCE | 9.45% | ||
| ROIC | 7.54% | ||
| ROICexc | 7.69% | ||
| ROICexgc | 100.96% | ||
| OM | 38.18% | ||
| PM (TTM) | 23.92% | ||
| GM | 77.17% | ||
| FCFM | 32.48% |
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 | 0.63 | ||
| Debt/FCF | 4.71 | ||
| Debt/EBITDA | 2.83 | ||
| Cap/Depr | 51.19% | ||
| Cap/Sales | 6.36% | ||
| Interest Coverage | 5.9 | ||
| Cash Conversion | 76.76% | ||
| Profit Quality | 135.8% | ||
| 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)13.99%
EPS 3Y5.7%
EPS 5Y9.42%
EPS Q2Q%19.08%
EPS Next Y15.77%
EPS Next 2Y13.13%
EPS Next 3Y12.32%
EPS Next 5Y12.44%
Revenue 1Y (TTM)16.32%
Revenue growth 3Y8.66%
Revenue growth 5Y12.43%
Sales Q2Q%9.75%
Revenue Next Year7.39%
Revenue Next 2Y6.58%
Revenue Next 3Y6.27%
Revenue Next 5Y5.86%
EBIT growth 1Y14.86%
EBIT growth 3Y7.51%
EBIT growth 5Y10.53%
EBIT Next Year22.93%
EBIT Next 3Y12.18%
EBIT Next 5Y9.16%
FCF growth 1Y29.34%
FCF growth 3Y13.03%
FCF growth 5Y10.38%
OCF growth 1Y34.18%
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 6 / 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 23.89 and the Price/Book (PB) ratio is 3.17.
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 15.77% in the next year.