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Intercontinental Exchange Inc
NYSE:ICE

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Intercontinental Exchange Inc
NYSE:ICE
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Price: 157.48 USD -0.84% Market Closed
Market Cap: $89.2B

EV/EBIT

21.6
Current
8%
Cheaper
vs 3-y average of 23.5

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
21.6
=
Enterprise Value
$106.9B
/
EBIT
$5B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
21.6
=
Enterprise Value
$106.9B
/
EBIT
$5B

Valuation Scenarios

Intercontinental Exchange Inc is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (23.5), the stock would be worth $171.31 (9% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-9%
Maximum Upside
+9%
Average Upside
0%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 21.6 $157.48
0%
3-Year Average 23.5 $171.31
+9%
5-Year Average 23.5 $171.31
+9%
Industry Average 20 $145.8
-7%
Country Average 19.6 $143.2
-9%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
$106.9B
/
Jan 2026
$5B
=
21.6
Current
$106.9B
/
Dec 2026
$6.6B
=
16.1
Forward
$106.9B
/
Dec 2027
$7.1B
=
15.1
Forward
$106.9B
/
Dec 2028
$7.5B
=
14.2
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
US
Intercontinental Exchange Inc
NYSE:ICE
89.3B USD 21.6 26.9
US
S&P Global Inc
NYSE:SPGI
134.3B USD 21.7 30
US
CME Group Inc
NASDAQ:CME
102.9B USD 10.3 25.6
US
Moody's Corp
NYSE:MCO
80.3B USD 24.4 32.7
HK
Hong Kong Exchanges and Clearing Ltd
HKEX:388
522.6B HKD 22.6 29
UK
London Stock Exchange Group PLC
LSE:LSEG
50.1B GBP 23.9 40.1
DE
Deutsche Boerse AG
XETRA:DB1
48.3B EUR 17.6 24.2
US
Coinbase Global Inc
NASDAQ:COIN
53B USD 32.1 42.1
US
Nasdaq Inc
NASDAQ:NDAQ
49.6B USD 23.6 27.7
CN
East Money Information Co Ltd
SZSE:300059
314.3B CNY 16.8 26
US
MSCI Inc
NYSE:MSCI
44B USD 28.9 36.6

Market Distribution

In line with most companies in the United States of America
Percentile
56th
Based on 8 638 companies
56th percentile
21.6
Low
0 — 13.6
Typical Range
13.6 — 27.8
High
27.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 13.6
Median 19.6
70th Percentile 27.8
Max 1 826 183.2

Intercontinental Exchange Inc
Glance View

Intercontinental Exchange Inc. (ICE) emerged as a transformative force in the financial services arena, carving out its niche by revolutionizing how global markets operate. Founded in 2000 by Jeffrey Sprecher, ICE began its journey by targeting the over-the-counter energy markets, a space previously untouched by the efficiencies of digital technology. Over time, ICE's scope vastly expanded; it now owns and operates a network of regulated exchanges and clearinghouses for a diverse range of asset classes, including equities, derivatives, and fixed income. The acquisition of the New York Stock Exchange in 2013 symbolized a pinnacle in its growth narrative, underscoring ICE's role as a crucial infrastructure provider in the global finance ecosystem. At its core, ICE generates revenue by facilitating the seamless operation of these exchanges and clearinghouses, charging transaction fees each time a trade is executed. Its business model is robustly complemented by the provision of data services and technology solutions, addressing the insatiable demand for high-quality market data and analytics. Essentially, ICE acts as the financially sophisticated plumbing system of modern trading, ensuring that market participants can connect, execute, and manage risk efficiently. By continuously innovating its technology platforms and expanding its reach across various markets, ICE remains a pivotal player amid the evolving dynamics of the global financial landscape.

ICE Intrinsic Value
152.34 USD
Overvaluation 3%
Intrinsic Value
Price $157.48
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