ICEICE
US • —
$123.11
P/E
17.92
PEG
0.42
FCF Yield
—
Rev Growth YoY
+7.3% YoY
Gross Margin
79.8%
Health Score
7/10
D/E Ratio
0.68
Confidence
LOW
Business Snapshot
Intercontinental Exchange (ICE) operates global financial exchanges, clearing houses, and mortgage technology services, generating most of its revenue from transaction fees, data services, and listing fees across its exchanges, including the New York Stock Exchange. The company dominates the exchange sector with a diversified portfolio spanning equities, derivatives, fixed income, and mortgages, giving it a competitive moat through network effects and regulatory barriers to entry. While the specific market capitalisation is not available in this data set, ICE's financial profile suggests a large-cap operator with substantial scale, evidenced by its strong margins rather than absolute revenue figures. A defining characteristic of ICE is its high-margin, duplicable business model — gross margins of 79.8% highlight the asset-light revenue generation typical of exchange operators, supported by strong pricing power and recurring data subscription income.
Financial Health
Gross margins stand at 79.8%, reflecting the inherently scalable exchange business model, though a prior-year comparison is unavailable to assess direction. Net margins are equally strong at 30.1%, indicating efficient cost control and high operating leverage across the platform...
Risk Assessment
- DEBT / LIQUIDITY — Current ratio of 1.02x is just above the 1.0x threshold, indicating limited liquidity headroom to weather unexpected cash demands without accessing capital markets.
- TECHNICALS — RSI, MACD, and moving average data unavailable for this period; momentum cannot be independently confirmed.
- INSIDER SELLING — Insiders executed 6 sells versus 0 buys over the last 90 days — a net selling pattern that typically signals caution from those closest to the business.
- EARNINGS QUALITY — While 4 of 4 recent quarters beat estimates, the consistency itself may embed expectations that are increasingly difficult to outperform, raising the risk of a future miss.
- VALUATION DIVERGENCE — The strong earnings growth (42.2%) driving the attractive PEG ratio may be elevated by one-time factors or low base effects, as margins are steady, not inflecting sharply higher....
Gross margins stand at 79.8%, reflecting the inherently scalable exchange business model, though a prior-year comparison is unavailable to assess direction. Net margins are equally strong at 30.1%, indicating efficient cost control and high operating leverage across the platform. The balance sheet appears healthy — debt-to-equity of 0.68x is manageable and suggests no immediate refinancing stress, while the current ratio of 1.02x shows the company has just enough short-term assets to cover near-term liabilities. Free cash flow data is not available, so the company's cash generation and reinvestment capacity cannot be directly assessed from this payload. Return on equity of 13.6% demonstrates that ICE earns a reasonable return on shareholder capital, supporting organic growth investment and potential for continued dividends.
- DEBT / LIQUIDITY — Current ratio of 1.02x is just above the 1.0x threshold, indicating limited liquidity headroom to weather unexpected cash demands without accessing capital markets. - TECHNICALS — RSI, MACD, and moving average data unavailable for this period; momentum cannot be independently confirmed. - INSIDER SELLING — Insiders executed 6 sells versus 0 buys over the last 90 days — a net selling pattern that typically signals caution from those closest to the business. - EARNINGS QUALITY — While 4 of 4 recent quarters beat estimates, the consistency itself may embed expectations that are increasingly difficult to outperform, raising the risk of a future miss. - VALUATION DIVERGENCE — The strong earnings growth (42.2%) driving the attractive PEG ratio may be elevated by one-time factors or low base effects, as margins are steady, not inflecting sharply higher.
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