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Intercontinental Exchange, Inc. (ICE)

Security & Commodity Brokers, Dealers, Exchanges & Services

Latest Price
$157.75
TTM P/E
22.28
Normalized P/E
31.16
Div Yield
1.27%
Book Value
52.40
P/B Ratio
3.01

Valuation metrics

adjust assumptions →
EPS: $5.77
Book value / share: $51.00
Formula: √(22.5 × EPS × BVPS)
Graham Number
$81.37
48% downside
Norm. op. income: $3.6B (median of 7yr)
Tax rate: 22%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$16.58
89% downside
Base FCF: $3.4B (median of recent 5yr)
Growth: 8%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$96.56
39% downside
EPS: $5.77
Target P/E: 31×
Formula: EPS × P/E
P/E Fair Value
$178.87
+13% upside

Institutional Ownership

91.3% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.50.73M$6.25B9.04%-2.17M2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC36.94M$4.55B6.58%+25.2K2026-06-30
STATE STREET CORP25.97M$3.20B4.63%+415.5K2026-06-30
HARRIS ASSOCIATES L P18.05M$2.22B3.22%+1.71M2026-06-30
MORGAN STANLEY13.12M$1.61B2.34%-1.37M2026-06-30
GEODE CAPITAL MANAGEMENT, LLC12.82M$1.57B2.29%+49.5K2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC12.54M$1.54B2.24%+725.2K2026-06-30
WELLINGTON MANAGEMENT GROUP LLP11.81M$1.45B2.11%+1.63M2026-06-30
PRICE T ROWE ASSOCIATES INC /MD/10.93M$1.34B1.95%+174.7K2026-06-30
NORGES BANK9.16M$1.13B1.63%+405.1K2026-06-30
View all institutional holders →