ICAHN ENTERPRISES LP (IEP)
US4511001012
We assign a fundamental rating of 3 out of 10 to IEP. IEP was compared to 9 industry peers in the Industrial Conglomerates industry. While IEP seems to be doing ok healthwise, there are quite some concerns on its profitability. IEP has a valuation in line with the averages, but it does not seem to be growing. IEP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year IEP has reported negative net income.
IEP had a positive operating cash flow in the past year.
In the past 5 years IEP always reported negative net income.
In multiple years IEP reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of IEP (-2.80%) is comparable to the rest of the industry.
IEP has a Return On Equity of -18.48%. This is comparable to the rest of the industry: IEP outperforms 44.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.8% | ||
| ROE | -18.48% | ||
| 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
The Gross Margin of IEP (8.63%) is worse than 88.89% of its industry peers.
In the last couple of years the Gross Margin of IEP has declined.
IEP does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 8.63% |
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.
Compared to 5 years ago, IEP has more shares outstanding
The debt/assets ratio for IEP is higher compared to a year ago.
2.2 Solvency
IEP has a debt to FCF ratio of 3.16. This is a good value and a sign of high solvency as IEP would need 3.16 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.16, IEP is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
IEP has a Debt/Equity ratio of 2.43. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 2.43, IEP is in line with its industry, outperforming 55.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.43 | ||
| Debt/FCF | 3.16 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC6.7%
2.3 Liquidity
IEP has a Current Ratio of 3.14. This indicates that IEP is financially healthy and has no problem in meeting its short term obligations.
IEP has a Current ratio of 3.14. This is amongst the best in the industry. IEP outperforms 100.00% of its industry peers.
IEP has a Quick Ratio of 2.76. This indicates that IEP is financially healthy and has no problem in meeting its short term obligations.
IEP's Quick ratio of 2.76 is amongst the best of the industry. IEP outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.14 | ||
| Quick Ratio | 2.76 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 35.75% over the past year.
IEP shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -12.69%.
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)35.75%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)-12.69%
Revenue growth 3Y19.62%
Revenue growth 5Y-2.31%
Sales Q2Q%-12%
3.2 Future
Based on estimates for the next years, IEP will show a very strong growth in Earnings Per Share. The EPS will grow by 64.29% on average per year.
IEP is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -8.47% yearly.
EPS Next Y63.74%
EPS Next 2Y64.29%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-14.8%
Revenue Next 2Y-8.47%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
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
IEP reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 18.08 indicates a rather expensive valuation of IEP.
88.89% of the companies in the same industry are more expensive than IEP, based on the Price/Forward Earnings ratio.
IEP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.71.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 18.08 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of IEP indicates a rather cheap valuation: IEP is cheaper than 88.89% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.36 | ||
| 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.
IEP's earnings are expected to grow with 64.29% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y64.29%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 28.53%, IEP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.03, IEP pays a better dividend. On top of this IEP pays more dividend than 100.00% of the companies listed in the same industry.
IEP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.22.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 28.53% |
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
The earnings of IEP are negative and hence is the payout ratio. IEP will probably not be able to sustain this dividend level.
The dividend of IEP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-71.23%
EPS Next 2Y64.29%
EPS Next 3YN/A
ICAHN ENTERPRISES LP
NASDAQ:IEP (10/14/2024, 8:00:02 PM)
After market: 14.87 +0.07 (+0.51%)14.795
+0.53 (+3.68%)
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 Cap7.03B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 28.53% |
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)
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Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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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 | 18.08 | ||
| 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 | -2.8% | ||
| ROE | -18.48% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 8.63% | ||
| 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 Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.43 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.14 | ||
| Quick Ratio | 2.76 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)35.75%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y63.74%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-12.69%
Revenue growth 3Y19.62%
Revenue growth 5Y
Sales 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