Fair value (multi-method)
Four independent methods triangulate what ICE is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
$164.03
Method range
$54.07 – $224.27
median $174.27
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $164.03 | +15.08% |
| Exit multiple | $224.27 | +57.35% |
| Analyst target | $184.50 | +29.45% |
| Graham number | $54.07 | -62.07% |
- Forward DCF$164.03
- Exit multiple$224.27
- Analyst target$184.50
- Graham number$54.07
Stock price
$142.53
FCF / share (TTM)
$2.03
3Y FCF CAGR
12.3%
Fair value @ hist. growth
$62.36
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied FCF growth
23.5%
per year over your projection horizon
Margin of safety -128.6% vs hist-growth DCF
Historical 3Y CAGR
12.3%
Your model implies
23.5%
Analyst consensus is EPS-only — no comparable FCF / share estimate to show on this basis.
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Undiscounted FCF per share over 10 years at 12% annual growth.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 7.4% | 19.8% | 18.9% | 17.9% | 16.8% | 15.6% |
| 8.4% | 22.4% | 21.7% | 20.8% | 19.9% | 18.9% |
| 9.4% | 24.9% | 24.2% | 23.5% | 22.7% | 21.8% |
| 10.4% | 27.1% | 26.5% | 25.9% | 25.2% | 24.5% |
| 11.4% | 29.3% | 28.8% | 28.2% | 27.6% | 27.0% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
PEG
0.24
Low vs growth
Net debt
$19.4B
Total debt − cash
Beta
0.95
Vs market benchmark
Frequently asked questions
Intercontinental Exchange (ICE) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks1.91% TTM
- Dividend Profile1.40% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History1 split
How this company returns cash to shareholders — buybacks, dividends, and stock splits.