ICAHN ENTERPRISES LP (IEP)
US4511001012
IEP gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 10 industry peers in the Industrial Conglomerates industry. IEP scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. IEP has a valuation in line with the averages, but on the other hand it scores bad on growth. IEP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
IEP had negative earnings in the past year.
In the past year IEP had a positive cash flow from operations.
IEP had negative earnings in each of the past 5 years.
In multiple years IEP reported negative operating cash flow during the last 5 years.
1.2 Ratios
IEP's Return On Assets of -3.22% is in line compared to the rest of the industry. IEP outperforms 50.00% of its industry peers.
IEP has a Return On Equity of -20.92%. This is comparable to the rest of the industry: IEP outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.22% | ||
| ROE | -20.92% | ||
| ROIC | N/A |
ROA(3y)-2.01%
ROA(5y)-3.38%
ROE(3y)-14.17%
ROE(5y)-22.03%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
IEP has a Gross Margin of 9.20%. This is amonst the worse of the industry: IEP underperforms 80.00% of its industry peers.
IEP's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for IEP so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 9.2% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-16.02%
2. Health
2.1 Basic Checks
IEP does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for IEP has been increased compared to 1 year ago.
IEP has more shares outstanding than it did 5 years ago.
IEP has a worse debt/assets ratio than last year.
2.2 Solvency
IEP has a debt to FCF ratio of 2.10. This is a good value and a sign of high solvency as IEP would need 2.10 years to pay back of all of its debts.
The Debt to FCF ratio of IEP (2.10) is better than 100.00% of its industry peers.
A Debt/Equity ratio of 2.25 is on the high side and indicates that IEP has dependencies on debt financing.
IEP has a Debt to Equity ratio (2.25) which is comparable to the rest of the industry.
Even though the debt/equity ratio score it not favorable for IEP, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.25 | ||
| Debt/FCF | 2.1 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.02%
2.3 Liquidity
IEP has a Current Ratio of 3.64. This indicates that IEP is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 3.64, IEP belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
A Quick Ratio of 3.26 indicates that IEP has no problem at all paying its short term obligations.
The Quick ratio of IEP (3.26) is better than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.64 | ||
| Quick Ratio | 3.26 |
3. Growth
3.1 Past
The earnings per share for IEP have decreased strongly by -277.42% in the last year.
Looking at the last year, IEP shows a very negative growth in Revenue. The Revenue has decreased by -26.41% in the last year.
Measured over the past years, IEP shows a decrease in Revenue. The Revenue has been decreasing by -2.31% on average per year.
EPS 1Y (TTM)-277.42%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q44.07%
Revenue 1Y (TTM)-26.41%
Revenue growth 3Y19.62%
Revenue growth 5Y-2.31%
Revenue growth Q2Q-15.46%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y180.45%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.45%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for IEP. In the last year negative earnings were reported.
IEP is valuated rather expensively with a Price/Forward Earnings ratio of 18.34.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IEP indicates a rather cheap valuation: IEP is cheaper than 90.00% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.67. IEP is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 18.34 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, IEP is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.16 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
IEP has a Yearly Dividend Yield of 29.60%, which is a nice return.
IEP's Dividend Yield is rather good when compared to the industry average which is at 6.97. IEP pays more dividend than 100.00% of the companies in the same industry.
IEP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 29.6% |
5.2 History
The dividend of IEP is nicely growing with an annual growth rate of 8.09%!
IEP has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)8.09%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
IEP has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of IEP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-45.75%
EPS Next 2YN/A
EPS Next 3YN/A
ICAHN ENTERPRISES LP
NASDAQ:IEP (4/24/2024, 7:09:08 PM)
After market: 17.03 -0.23 (-1.33%)17.26
+0.26 (+1.53%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryIndustrial Conglomerates
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap7.41B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 29.6% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 18.34 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.22% | ||
| ROE | -20.92% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 9.2% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.25 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.64 | ||
| Quick Ratio | 3.26 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-277.42%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y180.45%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-26.41%
Revenue growth 3Y19.62%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y