Retour au classement

Intercontinental Exchange Inc (ICE)

Juste valeur
Financial ServicesFinancial Data & Stock ExchangesUnited States

Fondamental

61

Prix

$150.87

Capitalisation boursière

$85.84B

Partie 1 · Ce que vaut l'entreprise

Vue d'ensemble

Intercontinental Exchange, Inc., together with its subsidiaries, provides technology and data to financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Canada, Asia Pacific, and the Middle East. It operates through three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. The Exchanges segment operates regulated marketplace technology for the listing, trading, and clearing of an array of derivatives contracts and financial securities, such as commodities, interest rates, foreign exchange and equities, and corporate and exchange-traded funds, as well as data and connectivity services related to its exchanges and clearing houses. The Fixed Income and Data Services segment provides fixed income pricing, reference data, indices, analytics, and execution services, as well as global CDS clearing and multi-asset class data delivery technology. The Mortgage Technology segment offers a technology platform that provides customers comprehensive and digital workflow tools to address inefficiencies and mitigate risks that exist in the U.S. residential mortgage market life cycle from application through closing, servicing, and the secondary market. The company was founded in 2000 and is headquartered in Atlanta, Georgia.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on 18 septembre 2026 with claude-haiku-4-5 — shared with all users

P/E: 22.2Score: 68Market cap: $17.92B

CME runs the other large U.S. futures and clearing complex, competing with ICE Futures for the same energy, interest-rate and agricultural derivatives volume from banks, hedge funds and commercial hedgers.

P/E: 26.8Score: 68Market cap: $52.85B

Nasdaq competes head-on with ICE's New York Stock Exchange for new listings, U.S. cash-equity and options order flow, and for the market-data subscriptions sold to the same trading firms.

P/E: 21.5Score: 82Market cap: $27.94B

Cboe operates rival U.S. equity and options exchanges plus European venues, taking the same order flow from brokers that ICE's NYSE exchanges and ICE Futures Europe rely on.

P/E: 25.0Score: 67Market cap: $117.19B

Through its indices, market intelligence and commodity price assessments, S&P Global sells to asset managers and banks the same fixed-income and benchmark data products that make up ICE's Fixed Income and Data Services segment.

London Stock Exchange Group plcLSEG

LSEG competes with ICE both as an exchange and clearing operator in Europe and, through Refinitiv and its index business, in the fixed-income pricing, reference data and analytics that ICE sells to the same institutional clients.

Deutsche Börse AGNot tracked

Deutsche Börse's Eurex and Xetra compete with ICE Futures Europe and ICE Clear Europe for European interest-rate and equity derivatives trading and clearing, and its data arm sells competing index and analytics products.

Bilan & Liquidités

Chiffre d'affaires

$13.43B

12 derniers mois (au 30/06/2026)

Résultat net

$4.04B

12 derniers mois (au 30/06/2026)

Flux de trésorerie libre

$4.29B

Capitaux propres totaux

$28.91B

Passif total

$107.90B

Ratio de liquidité général

1.01

Couverture des intérêts

6.80

Dette/EBITDA

3.54

Bénéfice par action

Chiffre d'affaires & Résultat net

Flux de trésorerie libre

Décomposition du résultat

État historique

Marges dans le temps

La dette dans le temps

Le poids de la dette

Grille de la croissance

Croissance — Chiffre d'affaires

Estimation de la juste valeur

Cas généralJustement valorisé

Juste valeur

$155.29

Prix actuel

$150.87

Marge de sécurité

+2.8%

Fourchette de juste valeur

$123.13 - $187.46

Écart entre les méthodes de valorisation utilisées, pas un intervalle de confiance calibré statistiquement.

Méthodes d'estimation

Objectif de cours des analystes:$187.29
Flux de trésorerie actualisés (DCF):$163.77
Multiple de résultat (P/E):$125.74
Formule de croissance de Graham:$164.09
Valeur de la capacité bénéficiaire (EPV):$81.74
P/B justifié:$94.15
Actualisation des dividendes (Gordon):$37.75
P/FFO, les fonds provenant de l'exploitation:$138.94
Bénéfices de milieu de cycle:$99.75
Multiple sur le chiffre d'affaires:$62.07
Consensus des analystes:Achat fort (18B / 2H / 0S)
Dernière surprise sur les résultats:+2.33%

Indicateurs de valorisation

Ratio P/E

21.47

ROE

11.5%

Ratio P/B

2.89

P/FCF

16.81

Marge brute

-

ROIC

8.1%

Radar de rentabilité

Création de valeur (avantage concurrentiel)

ROIC

8.1%

WACC

8.0%

ROIC − WACC

+0.1 pp

Le ROIC est à peu près aligné sur le coût du capital — l'entreprise couvre à peine son coût du capital.

Critères d'analyse fondamentale

Réussi (19)

  • Price CAGR 10.81%
  • ROIC 8.0%
  • P/FCF 16.81
  • P/B Ratio 2.89
  • Debt/Equity ratio
  • Operating Margin 40.7%
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 13.9%
  • Revenue Growth 5Y 8.9%
  • Analyst Consensus 90% Buy
  • Earnings Surprise avg 3.0%
  • Earnings Quality (OCF/NI) 1.37
  • Share Dilution -0.3%
  • Piotroski F-Score 8/9

Échoué (6)

  • EPS shows upward trend
  • EPS CAGR -1.27%
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • PEG Ratio 2.42

Indisponible (3)

  • Gross Margin NaN%
  • Dividend Payout NaN%
  • Net Margin Trend (invalid data)

Score F de Piotroski

8/9

Santé financière solide

score
criteria

Qualité des bénéfices

1.37

Qualité élevée : bénéfices soutenus par la trésorerie

Dilution du capital

-0.3%

Rachat d'actions. Favorable aux actionnaires

Participations institutionnelles

Gouvernance

Équipe dirigeante

NomTitreÂge
Mr. Jeffrey C. SprecherFounder, Chairman & CEO70
Mr. Benjamin R. JacksonChair of ICE Mortgage Technology & President52
Mr. A. Warren Gardiner C.F.A.Chief Financial Officer44
Mr. Christopher Scott EdmondsPresident of ICE Fixed Income & Data Services56
Ms. Lynn C. MartinPresident of NYSE Group and Chair of ICE Fixed Income & Data Services48
Mr. Stuart G. WilliamsChief Operating Officer48
Mr. James W. NamkungChief Accounting Officer & Corporate Controller49
Mr. Mayur V. KapaniChief Technology Officer56
Mr. Douglas A. FoleySenior Vice President of Human Resources & Administration53
Mr. Steven EagertonVice President of Investor Relations & Revenue Operations-

Risque d'audit

2

Risque du conseil

5

Risque de rémunération

5

Risque droits des actionnaires

3

Partie 2 · Le prix et le moment d'entrer

Cette partie ne dit pas si l'entreprise vaut la peine : elle aide à choisir quand l'acheter, une fois que les fondamentaux vous ont convaincu. À l'intérieur : analyse technique, potentiel, baisses historiques, exposition gamma.

Documents

  • Rapport annuel (10-K)

    Un aperçu annuel de l'activité, des résultats financiers et des risques de l'entreprise.

    Déposé le 2026-02-05

    Voir le document
  • Rapport trimestriel (10-Q)

    Une mise à jour de la performance financière des trois derniers mois.

    Déposé le 2026-07-30

    Voir le document
  • Rapport d'événement important (8-K)

    Un avis concernant un événement important, comme un changement de direction ou une annonce majeure.

    Déposé le 2026-08-28

    Voir le document

via SEC EDGAR

Historique des résultats

via SEC EDGAR

Latest News

Recent headlines for ICE, sourced from Markets Gazette.

  • 8/16/2026POSITIVE
    Meet the self-made billionaire who bought a nearly bankrupt company off Warren Buffett for $1,000 and turned it into a $85 billion giant

    Jeffrey Sprecher, founder and CEO of Intercontinental Exchange (ICE), has transformed a near-bankrupt company acquired for $1,000 from Warren Buffett into an $85 billion enterprise. This remarkable turnaround highlights Sprecher's strategic acumen and ICE's significant growth under his leadership. The company's valuation surge underscores its success in the financial exchange and data services sector, positioning it as a major player and a testament to effective business management and market adaptation.

  • 8/11/2026NEUTRAL
    NYSE Parent ICE Raises $3.75 Billion for MarketAxess Takeover

    Intercontinental Exchange (ICE), the parent company of the NYSE, successfully raised $3.75 billion through a sale of US investment-grade bonds. This debt issuance comes less than two weeks after ICE announced its intention to acquire MarketAxess Holdings Inc. for $6 billion. The bond sale is a crucial step in financing the acquisition, indicating ICE's ability to secure substantial capital for its strategic expansion plans. Investors will monitor the integration of MarketAxess and its impact on ICE's future revenue streams and market position.

  • 6/29/2026NEUTRAL
    NYSE Owner Plans Futures on Monetary Policy

    Intercontinental Exchange Inc. (ICE), the operator of the New York Stock Exchange, is set to introduce new futures contracts. These contracts will be linked to key global monetary policy decisions and US natural gas storage levels. This strategic move by ICE aims to provide investors with new hedging and speculative tools, potentially increasing trading volumes and revenue streams for the exchange operator. The introduction of policy-linked futures could offer insights into market expectations regarding central bank actions and energy supply dynamics.

  • 5/29/2026NEUTRAL
    NYSE parent ICE pushes ‘level playing field’ for 24/7 onchain perps

    Intercontinental Exchange (ICE), the parent company of the NYSE, is advocating for regulatory clarity to establish a "level playing field" for 24/7 onchain perpetual contracts. CEO Jeffrey Sprecher highlighted that such products are already available on platforms like Hyperliquid. This statement suggests ICE's interest in entering or facilitating this evolving derivatives market, but the primary focus remains on regulatory alignment rather than immediate product launch. Investors will monitor regulatory developments and ICE's strategic response to the growing onchain derivatives space.

  • 5/25/2026POSITIVE
    $1000 Invested In Intercontinental Exchange 15 Years Ago Would Be Worth This Much Today

    An investment of $1000 in Intercontinental Exchange (ICE) 15 years ago would have yielded a significant return, highlighting the company's sustained growth and market performance. ICE, a global operator of exchanges and clearing houses, has consistently expanded its offerings and profitability over the past decade and a half. This long-term performance suggests strong strategic management and adaptability in the financial markets sector. Investors looking for stable, long-term growth may find ICE's track record compelling, indicating potential for continued value appreciation.

  • 5/19/2026NEUTRAL
    NYSE’s Owner Plans Its Own Futures Market for Computing Power

    Intercontinental Exchange (ICE), the operator of the New York Stock Exchange, is venturing into the burgeoning market for AI-driven computing power by planning its own futures market. This initiative aims to provide a mechanism for tracking and trading the price of computing resources essential for artificial intelligence development. While the specifics of the contracts and launch date are yet to be fully detailed, the move signifies ICE's strategic positioning in a rapidly evolving technological landscape. Investors will monitor the development for potential new avenues in commodity-like trading related to digital infrastructure.

  • 3/28/2026POSITIVE
    NYSE Parent Firm ICE Finalizes $600M Investment In Polymarket — Details

    Intercontinental Exchange (ICE), the parent company of the NYSE, has finalized a $600 million direct cash investment in Polymarket, a leading prediction market platform. This investment is part of ICE's broader commitment to inject up to $2 billion into Polymarket. The substantial capital infusion is expected to fuel Polymarket's growth and innovation in the prediction market sector. For ICE investors, this strategic move signals a significant bet on the expanding alternative data and prediction analytics landscape, potentially diversifying revenue streams beyond traditional exchange operations.

via Markets Gazette