INTERCONTINENTAL EXCHANGE IN (ICE) Fundamental Analysis & Valuation
NYSE:ICE • US45866F1049
Current stock price
161.49 USD
+2.29 (+1.44%)
At close:
161.49 USD
0 (0%)
After Hours:
This ICE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. ICE Profitability Analysis
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 2.42%, ICE is in line with its industry, outperforming 48.35% of the companies in the same industry.
- ICE has a better Return On Equity (11.46%) than 66.53% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 7.19%, ICE is in the better half of the industry, outperforming 78.93% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for ICE is in line with the industry average of 7.15%.
- The last Return On Invested Capital (7.19%) for ICE is above the 3 year average (6.57%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.42% | ||
| ROE | 11.46% | ||
| ROIC | 7.19% |
ROA(3y)2.05%
ROA(5y)1.8%
ROE(3y)10.21%
ROE(5y)10.97%
ROIC(3y)6.57%
ROIC(5y)6.56%
1.3 Margins
- ICE has a better Profit Margin (26.23%) than 66.53% of its industry peers.
- In the last couple of years the Profit Margin of ICE has remained more or less at the same level.
- Looking at the Operating Margin, with a value of 39.55%, ICE is in the better half of the industry, outperforming 71.49% of the companies in the same industry.
- ICE's Operating Margin has been stable in the last couple of years.
- ICE has a better Gross Margin (78.57%) than 85.12% of its industry peers.
- ICE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.55% | ||
| PM (TTM) | 26.23% | ||
| GM | 78.57% |
OM growth 3Y0.71%
OM growth 5Y0.77%
PM growth 3Y20.45%
PM growth 5Y0.69%
GM growth 3Y1.26%
GM growth 5Y1.42%
2. ICE Health Analysis
2.1 Basic Checks
- Compared to 1 year ago, ICE has less shares outstanding
- Compared to 5 years ago, ICE has more shares outstanding
- Compared to 1 year ago, ICE has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.94, we must say that ICE is in the distress zone and has some risk of bankruptcy.
- ICE has a Altman-Z score (0.94) which is comparable to the rest of the industry.
- ICE has a debt to FCF ratio of 5.07. This is a neutral value as ICE would need 5.07 years to pay back of all of its debts.
- ICE has a better Debt to FCF ratio (5.07) than 69.01% of its industry peers.
- ICE has a Debt/Equity ratio of 0.68. This is a neutral value indicating ICE is somewhat dependend on debt financing.
- With a decent Debt to Equity ratio value of 0.68, ICE is doing good in the industry, outperforming 62.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 5.07 | ||
| Altman-Z | 0.94 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- ICE has a Current Ratio of 1.02. 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 Current ratio (1.02) which is in line with its industry peers.
- A Quick Ratio of 1.02 indicates that ICE should not have too much problems paying its short term obligations.
- ICE has a Quick ratio (1.02) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.02 | ||
| Quick Ratio | 1.02 |
3. ICE Growth Analysis
3.1 Past
- ICE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.50%, which is quite good.
- ICE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.03% yearly.
- Looking at the last year, ICE shows a small growth in Revenue. The Revenue has grown by 7.47% in the last year.
- ICE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.92% yearly.
EPS 1Y (TTM)14.5%
EPS 3Y9.39%
EPS 5Y9.03%
EPS Q2Q%12.5%
Revenue 1Y (TTM)7.47%
Revenue growth 3Y9.47%
Revenue growth 5Y8.92%
Sales Q2Q%7.79%
3.2 Future
- The Earnings Per Share is expected to grow by 11.95% on average over the next years. This is quite good.
- ICE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.03% yearly.
EPS Next Y10.89%
EPS Next 2Y11.31%
EPS Next 3Y10.89%
EPS Next 5Y11.95%
Revenue Next Year7.32%
Revenue Next 2Y6.59%
Revenue Next 3Y6.23%
Revenue Next 5Y6.03%
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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. ICE Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 23.24 indicates a rather expensive valuation of ICE.
- 67.77% of the companies in the same industry are cheaper than ICE, based on the Price/Earnings ratio.
- ICE's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.96.
- With a Price/Forward Earnings ratio of 20.95, ICE is valued on the expensive side.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of ICE indicates a slightly more expensive valuation: ICE is more expensive than 61.16% of the companies listed in the same industry.
- ICE is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.24 | ||
| Fwd PE | 20.95 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ICE indicates a somewhat cheap valuation: ICE is cheaper than 74.38% of the companies listed in the same industry.
- The rest of the industry has a similar Price/Free Cash Flow ratio as ICE.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.69 | ||
| EV/EBITDA | 16.69 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- ICE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.13
PEG (5Y)2.57
EPS Next 2Y11.31%
EPS Next 3Y10.89%
5. ICE Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 1.31%, ICE has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 6.96, ICE is paying slightly less dividend.
- Compared to the average S&P500 Dividend Yield of 1.91, ICE is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
5.2 History
- On average, the dividend of ICE grows each year by 10.05%, which is quite nice.
- 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)10.05%
Div Incr Years12
Div Non Decr Years12
5.3 Sustainability
- 33.33% of the earnings are spent on dividend by ICE. This is a low number and sustainable payout ratio.
- The dividend of ICE is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP33.33%
EPS Next 2Y11.31%
EPS Next 3Y10.89%
ICE Fundamentals: All Metrics, Ratios and Statistics
161.49
+2.29 (+1.44%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-05 2026-02-05/bmo
Earnings (Next)04-29 2026-04-29/bmo
Inst Owners94.24%
Inst Owner Change11.29%
Ins Owners0.91%
Ins Owner Change-1.74%
Market Cap91.71B
Revenue(TTM)12.64B
Net Income(TTM)3.31B
Analysts80.95
Price Target200.65 (24.25%)
Short Float %1.33%
Short Ratio1.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
Yearly Dividend1.94
Dividend Growth(5Y)10.05%
DP33.33%
Div Incr Years12
Div Non Decr Years12
Ex-Date06-15 2026-06-15 (0.52)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.32%
Min EPS beat(2)1.24%
Max EPS beat(2)5.39%
EPS beat(4)3
Avg EPS beat(4)1.96%
Min EPS beat(4)-0.05%
Max EPS beat(4)5.39%
EPS beat(8)5
Avg EPS beat(8)0.99%
EPS beat(12)8
Avg EPS beat(12)1.44%
EPS beat(16)10
Avg EPS beat(16)1.29%
Revenue beat(2)1
Avg Revenue beat(2)-0.57%
Min Revenue beat(2)-1.27%
Max Revenue beat(2)0.12%
Revenue beat(4)1
Avg Revenue beat(4)-0.57%
Min Revenue beat(4)-1.27%
Max Revenue beat(4)0.12%
Revenue beat(8)1
Avg Revenue beat(8)-0.93%
Revenue beat(12)1
Avg Revenue beat(12)-0.96%
Revenue beat(16)5
Avg Revenue beat(16)7.05%
PT rev (1m)2.24%
PT rev (3m)3.96%
EPS NQ rev (1m)1.21%
EPS NQ rev (3m)5.88%
EPS NY rev (1m)1.68%
EPS NY rev (3m)2.02%
Revenue NQ rev (1m)0.25%
Revenue NQ rev (3m)6.12%
Revenue NY rev (1m)1.61%
Revenue NY rev (3m)1.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.24 | ||
| Fwd PE | 20.95 | ||
| P/S | 7.26 | ||
| P/FCF | 23.69 | ||
| P/OCF | 19.67 | ||
| P/B | 3.17 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.69 |
EPS(TTM)6.95
EY4.3%
EPS(NY)7.71
Fwd EY4.77%
FCF(TTM)6.82
FCFY4.22%
OCF(TTM)8.21
OCFY5.08%
SpS22.26
BVpS50.92
TBVpS-30.08
PEG (NY)2.13
PEG (5Y)2.57
Graham Number89.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.42% | ||
| ROE | 11.46% | ||
| ROCE | 9.47% | ||
| ROIC | 7.19% | ||
| ROICexc | 7.3% | ||
| ROICexgc | 55.5% | ||
| OM | 39.55% | ||
| PM (TTM) | 26.23% | ||
| GM | 78.57% | ||
| FCFM | 30.63% |
ROA(3y)2.05%
ROA(5y)1.8%
ROE(3y)10.21%
ROE(5y)10.97%
ROIC(3y)6.57%
ROIC(5y)6.56%
ROICexc(3y)6.68%
ROICexc(5y)6.7%
ROICexgc(3y)83.33%
ROICexgc(5y)66.03%
ROCE(3y)8.67%
ROCE(5y)8.63%
ROICexgc growth 3Y20.8%
ROICexgc growth 5Y-0.21%
ROICexc growth 3Y3.14%
ROICexc growth 5Y3.78%
OM growth 3Y0.71%
OM growth 5Y0.77%
PM growth 3Y20.45%
PM growth 5Y0.69%
GM growth 3Y1.26%
GM growth 5Y1.42%
F-Score7
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 5.07 | ||
| Debt/EBITDA | 2.99 | ||
| Cap/Depr | 50.71% | ||
| Cap/Sales | 6.26% | ||
| Interest Coverage | 6.54 | ||
| Cash Conversion | 71.08% | ||
| Profit Quality | 116.77% | ||
| Current Ratio | 1.02 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 0.94 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)46.63%
Cap/Depr(5y)46.29%
Cap/Sales(3y)5.86%
Cap/Sales(5y)5.5%
Profit Quality(3y)128.58%
Profit Quality(5y)132.8%
High Growth Momentum
Growth
EPS 1Y (TTM)14.5%
EPS 3Y9.39%
EPS 5Y9.03%
EPS Q2Q%12.5%
EPS Next Y10.89%
EPS Next 2Y11.31%
EPS Next 3Y10.89%
EPS Next 5Y11.95%
Revenue 1Y (TTM)7.47%
Revenue growth 3Y9.47%
Revenue growth 5Y8.92%
Sales Q2Q%7.79%
Revenue Next Year7.32%
Revenue Next 2Y6.59%
Revenue Next 3Y6.23%
Revenue Next 5Y6.03%
EBIT growth 1Y13.28%
EBIT growth 3Y10.24%
EBIT growth 5Y9.76%
EBIT Next Year19.96%
EBIT Next 3Y11.02%
EBIT Next 5Y8.74%
FCF growth 1Y0.36%
FCF growth 3Y8.01%
FCF growth 5Y9.39%
OCF growth 1Y1.15%
OCF growth 3Y9.47%
OCF growth 5Y10.1%
INTERCONTINENTAL EXCHANGE IN / ICE Fundamental Analysis FAQ
What is the fundamental rating for ICE stock?
ChartMill assigns a fundamental rating of 5 / 10 to ICE.
Can you provide the valuation status for INTERCONTINENTAL EXCHANGE IN?
ChartMill assigns a valuation rating of 2 / 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 7 / 10.
What are the PE and PB ratios of INTERCONTINENTAL EXCHANGE IN (ICE) stock?
The Price/Earnings (PE) ratio for INTERCONTINENTAL EXCHANGE IN (ICE) is 23.24 and the Price/Book (PB) ratio is 3.17.
What is the expected EPS growth for INTERCONTINENTAL EXCHANGE IN (ICE) stock?
The Earnings per Share (EPS) of INTERCONTINENTAL EXCHANGE IN (ICE) is expected to grow by 10.89% in the next year.