(ICE) Intercontinental Exchange - Ratings and Ratios
Technology, Data, Exchanges, Mortgage, Analytics
ICE EPS (Earnings per Share)
ICE Revenue
Description: ICE Intercontinental Exchange
Intercontinental Exchange Inc (NYSE:ICE) is a leading provider of technology and data services to financial institutions, corporations, and government entities globally. The companys diversified business model is structured around three key segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology, catering to various market needs.
The Exchanges segment is a critical component, operating regulated marketplaces for listing, trading, and clearing derivatives and financial securities. This segment also provides related data and connectivity services, leveraging ICEs exchange and clearing house networks. Additionally, the Fixed Income and Data Services segment is a significant player in the fixed income market, offering pricing, reference data, indices, analytics, and execution services, along with CDS clearing and data delivery technology.
From a strategic standpoint, ICEs Mortgage Technology segment is poised for growth, addressing the inefficiencies in the U.S. residential mortgage market through digital workflow tools. Key performance indicators (KPIs) to watch include revenue diversification across segments, EBITDA margins, and the growth rate of its data services and mortgage technology businesses. Notably, ICEs return on equity (RoE) stands at 10.17%, indicating a decent return for shareholders. The companys forward P/E ratio of 26.60 suggests expectations of continued growth.
To further assess ICEs performance, monitoring its market share in the exchanges and data services markets, as well as the adoption rate of its mortgage technology platform, will be crucial. Other relevant KPIs include the average daily trading volume on its exchanges, the number of contracts cleared, and the growth in its data and analytics customer base. The companys ability to expand its offerings through strategic acquisitions and integrate them successfully will also be key to its long-term success.
ICE Stock Overview
| Market Cap in USD | 102,315m |
| Sub-Industry | Financial Exchanges & Data |
| IPO / Inception | 2005-11-16 |
ICE Stock Ratings
| Growth Rating | 65.4% |
| Fundamental | 72.3% |
| Dividend Rating | 66.3% |
| Return 12m vs S&P 500 | -5.32% |
| Analyst Rating | 4.11 of 5 |
ICE Dividends
| Dividend Yield 12m | 1.65% |
| Yield on Cost 5y | 2.83% |
| Annual Growth 5y | 8.45% |
| Payout Consistency | 100.0% |
| Payout Ratio | 28.6% |
ICE Growth Ratios
| Growth Correlation 3m | 33.2% |
| Growth Correlation 12m | 76.8% |
| Growth Correlation 5y | 69.1% |
| CAGR 5y | 12.26% |
| CAGR/Max DD 5y | 0.36 |
| Sharpe Ratio 12m | 0.87 |
| Alpha | -1.13 |
| Beta | 0.662 |
| Volatility | 17.33% |
| Current Volume | 2170k |
| Average Volume 20d | 2840.9k |
| Stop Loss | 171.8 (-3%) |
| Signal | -0.41 |
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (3.00b TTM) > 0 and > 6% of Revenue (6% = 753.2m TTM) |
| FCFTA 0.03 (>2.0%) and ΔFCFTA 0.60pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 4.19% (prev -4.38%; Δ 8.57pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.03 (>3.0%) and CFO 4.88b > Net Income 3.00b (YES >=105%, WARN >=100%) |
| Net Debt (18.66b) to EBITDA (6.40b) ratio: 2.91 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.01 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (575.0m) change vs 12m ago 0.0% (target <= -2.0% for YES) |
| Gross Margin 60.18% (prev 57.22%; Δ 2.96pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 8.91% (prev 7.84%; Δ 1.07pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 5.75 (EBITDA TTM 6.40b / Interest Expense TTM 843.0m) >= 6 (WARN >= 3) |
Altman Z'' 0.86
| (A) 0.00 = (Total Current Assets 93.97b - Total Current Liabilities 93.44b) / Total Assets 144.18b |
| (B) 0.13 = Retained Earnings (Balance) 19.16b / Total Assets 144.18b |
| (C) 0.03 = EBIT TTM 4.84b / Avg Total Assets 140.93b |
| (D) 0.16 = Book Value of Equity 18.95b / Total Liabilities 115.65b |
| Total Rating: 0.86 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 72.27
| 1. Piotroski 5.50pt = 0.50 |
| 2. FCF Yield 3.63% = 1.82 |
| 3. FCF Margin 34.86% = 7.50 |
| 4. Debt/Equity 0.68 = 2.28 |
| 5. Debt/Ebitda 3.00 = -1.77 |
| 6. ROIC - WACC 0.54% = 0.67 |
| 7. RoE 10.79% = 0.90 |
| 8. Rev. Trend 95.92% = 4.80 |
| 9. Rev. CAGR 12.03% = 1.50 |
| 10. EPS Trend 62.65% = 1.57 |
| 11. EPS CAGR 95.73% = 2.50 |
What is the price of ICE shares?
Over the past week, the price has changed by -1.17%, over one month by -3.09%, over three months by -0.10% and over the past year by +11.42%.
Is Intercontinental Exchange a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ICE is around 177.13 USD . This means that ICE is currently overvalued and has a potential downside of -0.01%.
Is ICE a buy, sell or hold?
- Strong Buy: 7
- Buy: 7
- Hold: 3
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the ICE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 204.4 | 15.4% |
| Analysts Target Price | 204.4 | 15.4% |
| ValueRay Target Price | 195.3 | 10.2% |
Last update: 2025-08-28 04:41
ICE Fundamental Data Overview
CCE Cash And Equivalents = 1.00b USD (last quarter)
P/E Trailing = 34.3731
P/E Forward = 25.8398
P/S = 10.561
P/B = 3.5971
P/EG = 2.5945
Beta = 1.12
Revenue TTM = 12.55b USD
EBIT TTM = 4.84b USD
EBITDA TTM = 6.40b USD
Long Term Debt = 17.36b USD (from longTermDebt, last quarter)
Short Term Debt = 1.85b USD (from shortTermDebt, last quarter)
Debt = 19.21b USD (Calculated: Short Term 1.85b + Long Term 17.36b)
Net Debt = 18.66b USD (from netDebt column, last quarter)
Enterprise Value = 120.52b USD (102.31b + Debt 19.21b - CCE 1.00b)
Interest Coverage Ratio = 5.75 (Ebit TTM 4.84b / Interest Expense TTM 843.0m)
FCF Yield = 3.63% (FCF TTM 4.38b / Enterprise Value 120.52b)
FCF Margin = 34.86% (FCF TTM 4.38b / Revenue TTM 12.55b)
Net Margin = 23.92% (Net Income TTM 3.00b / Revenue TTM 12.55b)
Gross Margin = 60.18% ((Revenue TTM 12.55b - Cost of Revenue TTM 5.00b) / Revenue TTM)
Tobins Q-Ratio = 6.36 (Enterprise Value 120.52b / Book Value Of Equity 18.95b)
Interest Expense / Debt = 1.05% (Interest Expense 201.0m / Debt 19.21b)
Taxrate = 22.77% (from yearly Income Tax Expense: 826.0m / 3.63b)
NOPAT = 3.74b (EBIT 4.84b * (1 - 22.77%))
Current Ratio = 1.01 (Total Current Assets 93.97b / Total Current Liabilities 93.44b)
Debt / Equity = 0.68 (Debt 19.21b / last Quarter total Stockholder Equity 28.44b)
Debt / EBITDA = 3.00 (Net Debt 18.66b / EBITDA 6.40b)
Debt / FCF = 4.39 (Debt 19.21b / FCF TTM 4.38b)
Total Stockholder Equity = 27.82b (last 4 quarters mean)
RoA = 2.08% (Net Income 3.00b, Total Assets 144.18b )
RoE = 10.79% (Net Income TTM 3.00b / Total Stockholder Equity 27.82b)
RoCE = 10.72% (Ebit 4.84b / (Equity 27.82b + L.T.Debt 17.36b))
RoIC = 7.78% (NOPAT 3.74b / Invested Capital 48.09b)
WACC = 7.24% (E(102.31b)/V(121.52b) * Re(8.45%)) + (D(19.21b)/V(121.52b) * Rd(1.05%) * (1-Tc(0.23)))
Shares Correlation 5-Years: 71.80 | Cagr: 0.44%
Discount Rate = 8.45% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 78.19% ; FCFE base≈3.96b ; Y1≈4.35b ; Y5≈5.55b
Fair Price DCF = 156.4 (DCF Value 89.50b / Shares Outstanding 572.4m; 5y FCF grow 11.12% → 3.0% )
Revenue Correlation: 95.92 | Revenue CAGR: 12.03%
Rev Growth-of-Growth: 4.10
EPS Correlation: 62.65 | EPS CAGR: 95.73%
EPS Growth-of-Growth: -44.13
Additional Sources for ICE Stock
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Fund Manager Positions: Dataroma | Stockcircle