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ICON ENERGY CORP (ICON) Stock Fundamental Analysis

NASDAQ:ICON - Nasdaq - MHY4001C2065 - Common Stock - Currency: USD

2.4  -0.24 (-9.09%)

Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to ICON. ICON was compared to 34 industry peers in the Marine Transportation industry. ICON may be in some trouble as it scores bad on both profitability and health. ICON has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

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2

1. Profitability

1.1 Basic Checks

ICON had positive earnings in the past year.
In the past year ICON had a positive cash flow from operations.
ICON Yearly Net Income VS EBIT VS OCF VS FCFICON Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2022 2023 2024 0 1M -1M 2M 3M 4M

1.2 Ratios

The Return On Assets of ICON (-4.12%) is worse than 79.41% of its industry peers.
With a Return On Equity value of -10.11%, ICON is not doing good in the industry: 76.47% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 0.53%, ICON is doing worse than 70.59% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ICON is above the industry average of 7.64%.
The 3 year average ROIC (11.11%) for ICON is well above the current ROIC(0.53%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA -4.12%
ROE -10.11%
ROIC 0.53%
ROA(3y)11.3%
ROA(5y)N/A
ROE(3y)10.7%
ROE(5y)N/A
ROIC(3y)11.11%
ROIC(5y)N/A
ICON Yearly ROA, ROE, ROICICON Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2022 2023 2024 0 10 -10 20

1.3 Margins

With a Operating Margin value of 3.20%, ICON is not doing good in the industry: 67.65% of the companies in the same industry are doing better.
The Profit Margin and Gross Margin are not available for ICON so they could not be analyzed.
Industry RankSector Rank
OM 3.2%
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
ICON Yearly Profit, Operating, Gross MarginsICON Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2022 2023 2024 0 20 -20 40

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1

2. Health

2.1 Basic Checks

ICON has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
ICON has more shares outstanding than it did 1 year ago.
The debt/assets ratio for ICON is higher compared to a year ago.
ICON Yearly Shares OutstandingICON Yearly Shares OutstandingYearly Shares Outstanding 2022 2023 2024 50K 100K 150K
ICON Yearly Total Debt VS Total AssetsICON Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2022 2023 2024 5M 10M 15M 20M 25M

2.2 Solvency

Based on the Altman-Z score of 0.33, we must say that ICON is in the distress zone and has some risk of bankruptcy.
ICON has a Altman-Z score of 0.33. This is in the lower half of the industry: ICON underperforms 64.71% of its industry peers.
The Debt to FCF ratio of ICON is 18.44, which is on the high side as it means it would take ICON, 18.44 years of fcf income to pay off all of its debts.
ICON has a Debt to FCF ratio of 18.44. This is comparable to the rest of the industry: ICON outperforms 58.82% of its industry peers.
ICON has a Debt/Equity ratio of 1.17. This is a high value indicating a heavy dependency on external financing.
ICON has a Debt to Equity ratio of 1.17. This is in the lower half of the industry: ICON underperforms 76.47% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.17
Debt/FCF 18.44
Altman-Z 0.33
ROIC/WACC0.07
WACC8.07%
ICON Yearly LT Debt VS Equity VS FCFICON Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2022 2023 2024 5M 10M

2.3 Liquidity

ICON has a Current Ratio of 0.39. This is a bad value and indicates that ICON is not financially healthy enough and could expect problems in meeting its short term obligations.
ICON's Current ratio of 0.39 is on the low side compared to the rest of the industry. ICON is outperformed by 91.18% of its industry peers.
ICON has a Quick Ratio of 0.39. This is a bad value and indicates that ICON is not financially healthy enough and could expect problems in meeting its short term obligations.
ICON has a Quick ratio of 0.35. This is amonst the worse of the industry: ICON underperforms 91.18% of its industry peers.
Industry RankSector Rank
Current Ratio 0.39
Quick Ratio 0.35
ICON Yearly Current Assets VS Current LiabilitesICON Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2022 2023 2024 1M 2M 3M 4M

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0

3. Growth

3.1 Past

The earnings per share for ICON have decreased strongly by -34.31% in the last year.
Measured over the past years, ICON shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -11.94% on average per year.
EPS 1Y (TTM)-34.31%
EPS 3Y-31.17%
EPS 5Y-11.94%
EPS Q2Q%N/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

Based on estimates for the next years, ICON will show a very negative growth in Earnings Per Share. The EPS will decrease by -16.51% on average per year.
The Revenue is expected to decrease by -16.14% on average over the next years. This is quite bad
EPS Next YN/A
EPS Next 2Y-49.11%
EPS Next 3Y-32.67%
EPS Next 5Y-16.51%
Revenue Next Year-16.58%
Revenue Next 2Y-19.1%
Revenue Next 3Y-25.75%
Revenue Next 5Y-16.14%

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
ICON Yearly Revenue VS EstimatesICON Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 100M 200M 300M 400M
ICON Yearly EPS VS EstimatesICON Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2019 2020 2021 2022 2024 2025 2026 2027 0 20 -20 -40

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4

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 0.27, the valuation of ICON can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of ICON indicates a rather cheap valuation: ICON is cheaper than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.21, ICON is valued rather cheaply.
Industry RankSector Rank
PE 0.27
Fwd PE N/A
ICON Price Earnings VS Forward Price EarningsICON Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, ICON is valued more expensive than 82.35% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ICON is valued a bit cheaper than 70.59% of the companies in the same industry.
Industry RankSector Rank
P/FCF 6.08
EV/EBITDA 16.7
ICON Per share dataICON EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

A cheap valuation may be justified as ICON's earnings are expected to decrease with -32.67% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-49.11%
EPS Next 3Y-32.67%

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4

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 12.79%, ICON is a good candidate for dividend investing.
ICON's Dividend Yield is rather good when compared to the industry average which is at 7.93. ICON pays more dividend than 97.06% of the companies in the same industry.
ICON's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
Industry RankSector Rank
Dividend Yield 12.79%

5.2 History

ICON does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
ICON Yearly Dividends per shareICON Yearly Dividends per shareYearly Dividends per share 2024 2025 2 4 6

5.3 Sustainability

The earnings of ICON are negative and hence is the payout ratio. ICON will probably not be able to sustain this dividend level.
DP-20.13%
EPS Next 2Y-49.11%
EPS Next 3Y-32.67%
ICON Yearly Income VS Free CF VS DividendICON Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2022 2023 2024 0 1M -1M 2M 3M 4M

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ICON ENERGY CORP

NASDAQ:ICON (7/2/2025, 10:47:30 AM)

2.4

-0.24 (-9.09%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)04-23 2025-04-23/bmo
Earnings (Next)N/A N/A
Inst Owners0.35%
Inst Owner Change0%
Ins Owners0.23%
Ins Owner Change0%
Market Cap5.26M
Analysts82.86
Price Target4.59 (91.25%)
Short Float %4.52%
Short Ratio0.07
Dividend
Industry RankSector Rank
Dividend Yield 12.79%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP-20.13%
Div Incr Years0
Div Non Decr Years0
Ex-Date05-16 2025-05-16 (0.07)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-703.49%
Min EPS beat(2)-1260.99%
Max EPS beat(2)-145.99%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)0%
PT rev (3m)260%
EPS NQ rev (1m)90.67%
EPS NQ rev (3m)N/A
EPS NY rev (1m)89.23%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)7.69%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-14.13%
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 0.27
Fwd PE N/A
P/S 0.99
P/FCF 6.08
P/OCF 6.08
P/B 0.45
P/tB 0.45
EV/EBITDA 16.7
EPS(TTM)9
EY375%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.39
FCFY16.44%
OCF(TTM)0.39
OCFY16.44%
SpS2.42
BVpS5.36
TBVpS5.36
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -4.12%
ROE -10.11%
ROCE 0.67%
ROIC 0.53%
ROICexc 0.53%
ROICexgc 0.53%
OM 3.2%
PM (TTM) N/A
GM N/A
FCFM 16.27%
ROA(3y)11.3%
ROA(5y)N/A
ROE(3y)10.7%
ROE(5y)N/A
ROIC(3y)11.11%
ROIC(5y)N/A
ROICexc(3y)14.99%
ROICexc(5y)N/A
ROICexgc(3y)14.99%
ROICexgc(5y)N/A
ROCE(3y)14.06%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score2
Asset Turnover0.18
Health
Industry RankSector Rank
Debt/Equity 1.17
Debt/FCF 18.44
Debt/EBITDA 10.55
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 0.42
Cash Conversion 66.46%
Profit Quality N/A
Current Ratio 0.39
Quick Ratio 0.35
Altman-Z 0.33
F-Score2
WACC8.07%
ROIC/WACC0.07
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-34.31%
EPS 3Y-31.17%
EPS 5Y-11.94%
EPS Q2Q%N/A
EPS Next YN/A
EPS Next 2Y-49.11%
EPS Next 3Y-32.67%
EPS Next 5Y-16.51%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year-16.58%
Revenue Next 2Y-19.1%
Revenue Next 3Y-25.75%
Revenue Next 5Y-16.14%
EBIT growth 1Y-84.62%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year133.33%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-65.2%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-65.51%
OCF growth 3YN/A
OCF growth 5YN/A