Intercontinental Exchange Stock Piotroski F Score

ICE Stock  USD 161.19  0.70  0.44%   
This module uses fundamental data of Intercontinental to approximate its Piotroski F score. Intercontinental F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Intercontinental Exchange. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Intercontinental financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Intercontinental Altman Z Score, Intercontinental Correlation, Intercontinental Valuation, as well as analyze Intercontinental Alpha and Beta and Intercontinental Hype Analysis.
  
At present, Intercontinental's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Long Term Debt is expected to grow to about 21.7 B, whereas Debt To Assets are forecasted to decline to 0.13. At present, Intercontinental's Operating Cash Flow Per Share is projected to slightly grow based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.03, whereas Dividend Yield is forecasted to decline to 0.01.
At this time, it appears that Intercontinental's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
5.0
Piotroski F Score - Healthy
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Intercontinental Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Intercontinental is to make sure Intercontinental is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Intercontinental's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Intercontinental's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01650.0174
Notably Down
Slightly volatile
Asset Turnover0.06910.0728
Notably Down
Very volatile
Gross Profit Margin0.750.5714
Significantly Up
Slightly volatile
Total Current Liabilities45.5 B84.6 B
Way Down
Slightly volatile
Non Current Liabilities Total27 B25.7 B
Sufficiently Up
Slightly volatile
Total Assets142.9 B136.1 B
Sufficiently Up
Slightly volatile
Total Current Assets45.9 B85 B
Way Down
Slightly volatile
Total Cash From Operating Activities3.7 B3.5 B
Sufficiently Up
Slightly volatile

Intercontinental Exchange F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Intercontinental's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Intercontinental in a much-optimized way.

About Intercontinental Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

457.36 Million

At present, Intercontinental's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.

Intercontinental ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Intercontinental's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Intercontinental's managers, analysts, and investors.
Environmental
Governance
Social

About Intercontinental Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Intercontinental Exchange's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Intercontinental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Intercontinental Exchange based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Intercontinental Exchange is a strong investment it is important to analyze Intercontinental's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Intercontinental's future performance. For an informed investment choice regarding Intercontinental Stock, refer to the following important reports:
Is Financial Exchanges & Data space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intercontinental. If investors know Intercontinental will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intercontinental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.188
Dividend Share
1.77
Earnings Share
4.22
Revenue Per Share
15.981
Quarterly Revenue Growth
0.173
The market value of Intercontinental Exchange is measured differently than its book value, which is the value of Intercontinental that is recorded on the company's balance sheet. Investors also form their own opinion of Intercontinental's value that differs from its market value or its book value, called intrinsic value, which is Intercontinental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intercontinental's market value can be influenced by many factors that don't directly affect Intercontinental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intercontinental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intercontinental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intercontinental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.