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Intercontinental Exchange Inc (ICE)

適正価値
Financial ServicesFinancial Data & Stock ExchangesUnited States

ファンダメンタル

61

株価

$150.56

時価総額

$85.84B

パート1 · 企業の価値

概要

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 2026年9月18日 with claude-haiku-4-5 — shared with all users

P/E: 22.5Score: 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: 26.7Score: 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: 21.6Score: 79Market 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: 24.6Score: 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.

貸借対照表と流動性

売上高

$13.43B

直近12か月(2026/6/30まで)

純利益

$4.04B

直近12か月(2026/6/30まで)

フリーキャッシュフロー

$4.29B

自己資本合計

$28.91B

負債合計

$107.90B

流動比率

1.01

利払い倍率

6.80

負債/EBITDA

3.54

一株当たり利益(EPS)

売上高と純利益

フリーキャッシュフロー

収益内訳

財務推移表

利益率の推移

負債の推移

負債の重さ

成長率グリッド

成長率 — 売上高

適正価値の推定

一般的なケース適正価値

適正価値

$155.23

現在株価

$150.56

安全マージン

+3.0%

適正価値レンジ

$123.03 - $187.43

使用した評価手法間のばらつきであり、統計的に較正された信頼区間ではありません。

推定方法

アナリストの目標株価:$187.29
ディスカウンテッド・キャッシュフロー(DCF):$163.77
利益倍率(P/E):$125.57
グレアムの成長公式:$163.86
収益力価値(EPV):$81.74
正当化されたP/B:$94.15
配当割引モデル(ゴードン):$37.75
P/FFO(運用から生まれる資金):$138.94
中間サイクル利益:$98.86
売上高倍率:$61.70
アナリスト・コンセンサス:強い買い (18B / 2H / 0S)
直近の決算サプライズ:+2.33%

バリュエーション指標

P/E レシオ

21.39

ROE

11.5%

P/B レシオ

2.88

P/FCF

16.75

粗利益率

-

ROIC

8.1%

収益性レーダー

価値創造(経済的モート)

ROIC

8.1%

WACC

8.0%

ROIC − WACC

+0.1 pp

ROICはおおむね資本コストと同水準です。企業はかろうじて資本コストを賄えている状態です。

ファンダメンタル分析基準

合格(19)

  • Price CAGR 10.81%
  • ROIC 8.0%
  • P/FCF 16.75
  • P/B Ratio 2.88
  • 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

不合格(6)

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

データなし(3)

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

Piotroski F-スコア

8/9

財務健全性が高い

score
criteria

利益の質

1.37

高品質:利益はキャッシュに裏付けられている

株式希薄化

-0.3%

株式を買い戻している。株主に友好的

機関投資家の保有

ガバナンス

経営陣

氏名役職年齢
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-

監査リスク

2

取締役会リスク

5

報酬リスク

5

株主権利リスク

3

パート2 · 株価と買い時

この部分は企業に価値があるかを判断するものではありません。ファンダメンタルズに納得したうえで、いつ買うかを選ぶためのものです。内容:テクニカル分析、ポテンシャル、過去のドローダウン、ガンマエクスポージャー。

書類

  • 年次報告書(10-K)

    事業内容、財務実績、リスクをまとめた年次の概要。

    提出日: 2026-02-05

    書類を見る
  • 四半期報告書(10-Q)

    直近3か月間の業績に関する最新情報。

    提出日: 2026-07-30

    書類を見る
  • 臨時報告書(8-K)

    経営陣の交代や重要な発表など、大きな出来事に関するお知らせ。

    提出日: 2026-08-28

    書類を見る

via SEC EDGAR

業績推移

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 Kicks Off Bond Sale for MarketAxess Takeover

    Intercontinental Exchange (ICE), the parent company of the NYSE, has initiated a US investment-grade bond sale. This move comes two weeks after ICE announced a significant $6 billion agreement to acquire MarketAxess Holdings Inc. The bond issuance aims to finance a portion of this acquisition, signaling ICE's commitment to expanding its market data and trading infrastructure services. Investors will monitor the terms of the bond sale and its impact on ICE's leverage and future capital allocation strategies.

  • 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