ICL GROUP LTD (ICL) Stock Fundamental Analysis
NYSE:ICL - New York Stock Exchange, Inc. - IL0002810146 - Common Stock - Currency: USD
Overall ICL gets a fundamental rating of 5 out of 10. We evaluated ICL against 85 industry peers in the Chemicals industry. While ICL has a great profitability rating, there are some minor concerns on its financial health. ICL has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
ICL had positive earnings in the past year.
ICL had a positive operating cash flow in the past year.
ICL had positive earnings in each of the past 5 years.
ICL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ICL (3.60%) is better than 68.24% of its industry peers.
With a decent Return On Equity value of 7.11%, ICL is doing good in the industry, outperforming 61.18% of the companies in the same industry.
ICL has a better Return On Invested Capital (6.18%) than 62.35% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ICL is significantly above the industry average of 7.11%.
The last Return On Invested Capital (6.18%) for ICL is well below the 3 year average (13.86%), which needs to be investigated, but indicates that ICL had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.6% | ||
| ROE | 7.11% | ||
| ROIC | 6.18% |
ROA(3y)9.18%
ROA(5y)6.94%
ROE(3y)19.28%
ROE(5y)15.08%
ROIC(3y)13.86%
ROIC(5y)10.81%
1.3 Margins
With a decent Profit Margin value of 5.95%, ICL is doing good in the industry, outperforming 72.94% of the companies in the same industry.
ICL's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 11.33%, ICL is in the better half of the industry, outperforming 64.71% of the companies in the same industry.
ICL's Operating Margin has declined in the last couple of years.
With a decent Gross Margin value of 32.98%, ICL is doing good in the industry, outperforming 65.88% of the companies in the same industry.
ICL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.33% | ||
| PM (TTM) | 5.95% | ||
| GM | 32.98% |
OM growth 3Y-13.01%
OM growth 5Y-4.18%
PM growth 3Y-19.15%
PM growth 5Y-7.97%
GM growth 3Y-4.23%
GM growth 5Y-0.88%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ICL is still creating some value.
Compared to 1 year ago, ICL has about the same amount of shares outstanding.
ICL has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ICL has an improved debt to assets ratio.
2.2 Solvency
ICL has an Altman-Z score of 2.64. This is not the best score and indicates that ICL is in the grey zone with still only limited risk for bankruptcy at the moment.
ICL has a Altman-Z score of 2.64. This is in the better half of the industry: ICL outperforms 78.82% of its industry peers.
ICL has a debt to FCF ratio of 3.04. This is a good value and a sign of high solvency as ICL would need 3.04 years to pay back of all of its debts.
ICL has a Debt to FCF ratio of 3.04. This is amongst the best in the industry. ICL outperforms 87.06% of its industry peers.
A Debt/Equity ratio of 0.33 indicates that ICL is not too dependend on debt financing.
The Debt to Equity ratio of ICL (0.33) is better than 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 3.04 | ||
| Altman-Z | 2.64 |
ROIC/WACC0.79
WACC7.82%
2.3 Liquidity
ICL has a Current Ratio of 1.54. This is a normal value and indicates that ICL is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.54, ICL is not doing good in the industry: 62.35% of the companies in the same industry are doing better.
A Quick Ratio of 0.84 indicates that ICL may have some problems paying its short term obligations.
ICL's Quick ratio of 0.84 is on the low side compared to the rest of the industry. ICL is outperformed by 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.54 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
The earnings per share for ICL have decreased strongly by -33.33% in the last year.
Looking at the last year, ICL shows a decrease in Revenue. The Revenue has decreased by -8.59% in the last year.
ICL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.35% yearly.
EPS 1Y (TTM)-33.33%
EPS 3Y-16.38%
EPS 5Y0%
EPS Q2Q%-20%
Revenue 1Y (TTM)-8.59%
Revenue growth 3Y-0.55%
Revenue growth 5Y5.35%
Sales Q2Q%-5.27%
3.2 Future
ICL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.38% yearly.
ICL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.04% yearly.
EPS Next Y15.35%
EPS Next 2Y15.01%
EPS Next 3Y10.38%
EPS Next 5YN/A
Revenue Next Year2.39%
Revenue Next 2Y3.23%
Revenue Next 3Y3.04%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 18.03, ICL is valued on the expensive side.
ICL's Price/Earnings ratio is in line with the industry average.
ICL is valuated rather cheaply when we compare the Price/Earnings ratio to 23.99, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 15.63, the valuation of ICL can be described as correct.
ICL's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 20.35. ICL is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.03 | ||
| Fwd PE | 15.63 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ICL is valued a bit cheaper than the industry average as 68.24% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ICL is valued a bit cheaper than the industry average as 78.82% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.71 | ||
| EV/EBITDA | 7.7 |
4.3 Compensation for Growth
ICL's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of ICL may justify a higher PE ratio.
PEG (NY)1.17
PEG (5Y)N/A
EPS Next 2Y15.01%
EPS Next 3Y10.38%
5. Dividend
5.1 Amount
ICL has a Yearly Dividend Yield of 2.80%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.84, ICL pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, ICL has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.8% |
5.2 History
The dividend of ICL decreases each year by -1.81%.
ICL has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-1.81%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ICL pays out 61.67% of its income as dividend. This is not a sustainable payout ratio.
DP61.67%
EPS Next 2Y15.01%
EPS Next 3Y10.38%
6.85
+0.01 (+0.15%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners23.59%
Inst Owner Change-1.44%
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap8.84B
Analysts46.67
Price Target0.05 (-99.27%)
Short Float %0.29%
Short Ratio2.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.8% |
Yearly Dividend0.19
Dividend Growth(5Y)-1.81%
DP61.67%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.04%
Min EPS beat(2)0.9%
Max EPS beat(2)25.18%
EPS beat(4)4
Avg EPS beat(4)11.74%
Min EPS beat(4)0.9%
Max EPS beat(4)25.18%
EPS beat(8)6
Avg EPS beat(8)11.15%
EPS beat(12)9
Avg EPS beat(12)20.36%
EPS beat(16)13
Avg EPS beat(16)23.32%
Revenue beat(2)0
Avg Revenue beat(2)-2.77%
Min Revenue beat(2)-4.13%
Max Revenue beat(2)-1.41%
Revenue beat(4)0
Avg Revenue beat(4)-3.07%
Min Revenue beat(4)-5.35%
Max Revenue beat(4)-1.41%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)12.37%
PT rev (3m)12.84%
EPS NQ rev (1m)-0.91%
EPS NQ rev (3m)-9.17%
EPS NY rev (1m)-2.47%
EPS NY rev (3m)1.22%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.42%
Revenue NY rev (3m)-1.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.03 | ||
| Fwd PE | 15.63 | ||
| P/S | 1.29 | ||
| P/FCF | 11.71 | ||
| P/OCF | 6.02 | ||
| P/B | 1.54 | ||
| P/tB | 1.82 | ||
| EV/EBITDA | 7.7 |
EPS(TTM)0.38
EY5.55%
EPS(NY)0.44
Fwd EY6.4%
FCF(TTM)0.59
FCFY8.54%
OCF(TTM)1.14
OCFY16.61%
SpS5.3
BVpS4.44
TBVpS3.76
PEG (NY)1.17
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.6% | ||
| ROE | 7.11% | ||
| ROCE | 8.62% | ||
| ROIC | 6.18% | ||
| ROICexc | 6.5% | ||
| ROICexgc | 7.24% | ||
| OM | 11.33% | ||
| PM (TTM) | 5.95% | ||
| GM | 32.98% | ||
| FCFM | 11.04% |
ROA(3y)9.18%
ROA(5y)6.94%
ROE(3y)19.28%
ROE(5y)15.08%
ROIC(3y)13.86%
ROIC(5y)10.81%
ROICexc(3y)14.67%
ROICexc(5y)11.45%
ROICexgc(3y)16.24%
ROICexgc(5y)12.7%
ROCE(3y)19.96%
ROCE(5y)15.59%
ROICexcg growth 3Y-15.7%
ROICexcg growth 5Y-1.81%
ROICexc growth 3Y-15.48%
ROICexc growth 5Y-2.08%
OM growth 3Y-13.01%
OM growth 5Y-4.18%
PM growth 3Y-19.15%
PM growth 5Y-7.97%
GM growth 3Y-4.23%
GM growth 5Y-0.88%
F-Score4
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 3.04 | ||
| Debt/EBITDA | 1.39 | ||
| Cap/Depr | 119.63% | ||
| Cap/Sales | 10.42% | ||
| Interest Coverage | 6.35 | ||
| Cash Conversion | 107.08% | ||
| Profit Quality | 185.5% | ||
| Current Ratio | 1.54 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 2.64 |
F-Score4
WACC7.82%
ROIC/WACC0.79
Cap/Depr(3y)138.38%
Cap/Depr(5y)133.57%
Cap/Sales(3y)9.41%
Cap/Sales(5y)9.89%
Profit Quality(3y)123.56%
Profit Quality(5y)409.37%
High Growth Momentum
Growth
EPS 1Y (TTM)-33.33%
EPS 3Y-16.38%
EPS 5Y0%
EPS Q2Q%-20%
EPS Next Y15.35%
EPS Next 2Y15.01%
EPS Next 3Y10.38%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.59%
Revenue growth 3Y-0.55%
Revenue growth 5Y5.35%
Sales Q2Q%-5.27%
Revenue Next Year2.39%
Revenue Next 2Y3.23%
Revenue Next 3Y3.04%
Revenue Next 5YN/A
EBIT growth 1Y-32.08%
EBIT growth 3Y-13.49%
EBIT growth 5Y0.95%
EBIT Next Year82.26%
EBIT Next 3Y21.85%
EBIT Next 5YN/A
FCF growth 1Y-7.36%
FCF growth 3Y18.48%
FCF growth 5Y12.66%
OCF growth 1Y-7.96%
OCF growth 3Y11.29%
OCF growth 5Y8.15%