ICF INTERNATIONAL INC (ICFI) Stock Fundamental Analysis
USA - NASDAQ:ICFI - US44925C1036 - Common Stock
93.04 USD
+0.85 (+0.92%)
93.04 USD
0 (0%)
Overall ICFI gets a fundamental rating of 5 out of 10. We evaluated ICFI against 81 industry peers in the Professional Services industry. ICFI has an average financial health and profitability rating. ICFI is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ICFI had positive earnings in the past year.
ICFI had a positive operating cash flow in the past year.
In the past 5 years ICFI has always been profitable.
In the past 5 years ICFI always reported a positive cash flow from operatings.
1.2 Ratios
ICFI has a Return On Assets (5.20%) which is comparable to the rest of the industry.
ICFI has a Return On Equity of 10.77%. This is comparable to the rest of the industry: ICFI outperforms 54.32% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.92%, ICFI is in line with its industry, outperforming 53.09% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ICFI is significantly below the industry average of 12.93%.
The last Return On Invested Capital (7.92%) for ICFI is above the 3 year average (6.90%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.2% | ||
| ROE | 10.77% | ||
| ROIC | 7.92% |
ROA(3y)4.17%
ROA(5y)3.93%
ROE(3y)9.25%
ROE(5y)8.79%
ROIC(3y)6.9%
ROIC(5y)6.58%
1.3 Margins
Looking at the Profit Margin, with a value of 5.45%, ICFI is in the better half of the industry, outperforming 62.96% of the companies in the same industry.
In the last couple of years the Profit Margin of ICFI has grown nicely.
The Operating Margin of ICFI (8.14%) is better than 66.67% of its industry peers.
In the last couple of years the Operating Margin of ICFI has grown nicely.
ICFI's Gross Margin of 37.12% is in line compared to the rest of the industry. ICFI outperforms 51.85% of its industry peers.
In the last couple of years the Gross Margin of ICFI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.14% | ||
| PM (TTM) | 5.45% | ||
| GM | 37.12% |
OM growth 3Y4.76%
OM growth 5Y3.67%
PM growth 3Y6.01%
PM growth 5Y3.2%
GM growth 3Y-0.36%
GM growth 5Y0.56%
2. Health
2.1 Basic Checks
ICFI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, ICFI has less shares outstanding
Compared to 5 years ago, ICFI has less shares outstanding
The debt/assets ratio for ICFI has been reduced compared to a year ago.
2.2 Solvency
ICFI has an Altman-Z score of 2.85. This is not the best score and indicates that ICFI is in the grey zone with still only limited risk for bankruptcy at the moment.
ICFI has a Altman-Z score (2.85) which is comparable to the rest of the industry.
The Debt to FCF ratio of ICFI is 3.97, which is a good value as it means it would take ICFI, 3.97 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 3.97, ICFI perfoms like the industry average, outperforming 56.79% of the companies in the same industry.
A Debt/Equity ratio of 0.47 indicates that ICFI is not too dependend on debt financing.
The Debt to Equity ratio of ICFI (0.47) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.97 | ||
| Altman-Z | 2.85 |
ROIC/WACC0.97
WACC8.2%
2.3 Liquidity
A Current Ratio of 1.29 indicates that ICFI should not have too much problems paying its short term obligations.
ICFI has a Current ratio (1.29) which is in line with its industry peers.
ICFI has a Quick Ratio of 1.29. This is a normal value and indicates that ICFI is financially healthy and should not expect problems in meeting its short term obligations.
ICFI has a Quick ratio (1.29) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.76% over the past year.
Measured over the past years, ICFI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.73% on average per year.
The Revenue has decreased by -0.46% in the past year.
ICFI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.44% yearly.
EPS 1Y (TTM)5.76%
EPS 3Y14.29%
EPS 5Y11.73%
EPS Q2Q%-1.78%
Revenue 1Y (TTM)-0.46%
Revenue growth 3Y9.16%
Revenue growth 5Y6.44%
Sales Q2Q%-7.01%
3.2 Future
Based on estimates for the next years, ICFI will show a small growth in Earnings Per Share. The EPS will grow by 1.79% on average per year.
ICFI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.66% yearly.
EPS Next Y0.3%
EPS Next 2Y1.79%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-4.57%
Revenue Next 2Y-0.66%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
The Price/Earnings ratio is 12.66, which indicates a correct valuation of ICFI.
Based on the Price/Earnings ratio, ICFI is valued cheaply inside the industry as 83.95% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of ICFI to the average of the S&P500 Index (27.32), we can say ICFI is valued rather cheaply.
ICFI is valuated correctly with a Price/Forward Earnings ratio of 12.46.
77.78% of the companies in the same industry are more expensive than ICFI, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.89, ICFI is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.66 | ||
| Fwd PE | 12.46 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ICFI is valued a bit cheaper than the industry average as 77.78% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ICFI is valued a bit cheaper than 72.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.34 | ||
| EV/EBITDA | 10.07 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of ICFI may justify a higher PE ratio.
PEG (NY)41.87
PEG (5Y)1.08
EPS Next 2Y1.79%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.59%, ICFI is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.19, ICFI pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.59, ICFI pays less dividend than the S&P500 average, which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
5.2 History
The dividend of ICFI has a limited annual growth rate of 0.11%.
ICFI has been paying a dividend for over 5 years, so it has already some track record.
ICFI has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)0.11%
Div Incr Years0
Div Non Decr Years6
5.3 Sustainability
ICFI pays out 9.70% of its income as dividend. This is a sustainable payout ratio.
The dividend of ICFI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP9.7%
EPS Next 2Y1.79%
EPS Next 3YN/A
93.04
+0.85 (+0.92%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners97.59%
Inst Owner Change-1.03%
Ins Owners1.41%
Ins Owner Change1.38%
Market Cap1.71B
Analysts83.64
Price Target106.59 (14.56%)
Short Float %1.59%
Short Ratio1.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
Yearly Dividend0.56
Dividend Growth(5Y)0.11%
DP9.7%
Div Incr Years0
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.2%
Min EPS beat(2)1.08%
Max EPS beat(2)9.31%
EPS beat(4)3
Avg EPS beat(4)3.18%
Min EPS beat(4)-1.57%
Max EPS beat(4)9.31%
EPS beat(8)7
Avg EPS beat(8)6.81%
EPS beat(12)10
Avg EPS beat(12)5.84%
EPS beat(16)12
Avg EPS beat(16)6.81%
Revenue beat(2)0
Avg Revenue beat(2)-2.61%
Min Revenue beat(2)-3.32%
Max Revenue beat(2)-1.89%
Revenue beat(4)0
Avg Revenue beat(4)-2.7%
Min Revenue beat(4)-4.01%
Max Revenue beat(4)-1.57%
Revenue beat(8)0
Avg Revenue beat(8)-2.11%
Revenue beat(12)1
Avg Revenue beat(12)-1.56%
Revenue beat(16)2
Avg Revenue beat(16)-1.63%
PT rev (1m)0%
PT rev (3m)1.95%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.95%
EPS NY rev (1m)0%
EPS NY rev (3m)2.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.66 | ||
| Fwd PE | 12.46 | ||
| P/S | 0.87 | ||
| P/FCF | 14.34 | ||
| P/OCF | 12.26 | ||
| P/B | 1.71 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.07 |
EPS(TTM)7.35
EY7.9%
EPS(NY)7.47
Fwd EY8.03%
FCF(TTM)6.49
FCFY6.97%
OCF(TTM)7.59
OCFY8.15%
SpS107.28
BVpS54.28
TBVpS-18.9
PEG (NY)41.87
PEG (5Y)1.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.2% | ||
| ROE | 10.77% | ||
| ROCE | 9.57% | ||
| ROIC | 7.92% | ||
| ROICexc | 7.95% | ||
| ROICexgc | 40.95% | ||
| OM | 8.14% | ||
| PM (TTM) | 5.45% | ||
| GM | 37.12% | ||
| FCFM | 6.05% |
ROA(3y)4.17%
ROA(5y)3.93%
ROE(3y)9.25%
ROE(5y)8.79%
ROIC(3y)6.9%
ROIC(5y)6.58%
ROICexc(3y)6.93%
ROICexc(5y)6.61%
ROICexgc(3y)39.19%
ROICexgc(5y)34.68%
ROCE(3y)8.35%
ROCE(5y)7.95%
ROICexcg growth 3Y22.5%
ROICexcg growth 5Y12.7%
ROICexc growth 3Y10.75%
ROICexc growth 5Y1.3%
OM growth 3Y4.76%
OM growth 5Y3.67%
PM growth 3Y6.01%
PM growth 5Y3.2%
GM growth 3Y-0.36%
GM growth 5Y0.56%
F-Score6
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.97 | ||
| Debt/EBITDA | 2.18 | ||
| Cap/Depr | 36.2% | ||
| Cap/Sales | 1.02% | ||
| Interest Coverage | 5.42 | ||
| Cash Conversion | 64.5% | ||
| Profit Quality | 110.99% | ||
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.29 | ||
| Altman-Z | 2.85 |
F-Score6
WACC8.2%
ROIC/WACC0.97
Cap/Depr(3y)41.98%
Cap/Depr(5y)48.13%
Cap/Sales(3y)1.19%
Cap/Sales(5y)1.21%
Profit Quality(3y)169.39%
Profit Quality(5y)183.54%
High Growth Momentum
Growth
EPS 1Y (TTM)5.76%
EPS 3Y14.29%
EPS 5Y11.73%
EPS Q2Q%-1.78%
EPS Next Y0.3%
EPS Next 2Y1.79%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-0.46%
Revenue growth 3Y9.16%
Revenue growth 5Y6.44%
Sales Q2Q%-7.01%
Revenue Next Year-4.57%
Revenue Next 2Y-0.66%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y5.73%
EBIT growth 3Y14.35%
EBIT growth 5Y10.34%
EBIT Next Year24.97%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-19.79%
FCF growth 3Y18.46%
FCF growth 5Y18.41%
OCF growth 1Y-20.41%
OCF growth 3Y15.9%
OCF growth 5Y13.42%