Mulya.ai
Ticker
ICE
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?Analyst
Reinvestment est.?projected
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?8.8%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?1.051
Beta (levered) ?1.223
Terminal OM% ?40.2%
Segment conc. ?51% dominant
Terminal growth ?4.1%
Bond rating ?A+ · 1.00%
ROIC option ?Opt 2 · 13.1%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

ICE · Intercontinental Exchange, Inc.

$162.982026-05-17
Sector: Financial Services; Industry: Financial - Data & Stock Exchanges; Sub-Industry: Financial Exchanges & Data

Intrinsic Value Range Comparison · Mulya.ai

Bull
$141
-13.6% vs market
Base · active
$101
-38.2% vs market
Bear
$89
-45.7% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $89
Base $101
Bull $141
Market $163
Median $193
Market Price $163
Mulya.ai Base $101
Analysts Median $193
Mulya.ai IV range ($89 · $141)
Analysts Range ($180 · $211)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2021.Q4$9.2B37.6%28.6%$2.5B$404MM$2.9B7.6%6.8%$36.0B$7.11
2022.Q4$9.6B5.1%37.8%17.1%$3.0B−$49MM$3.0B8.6%8.7%$32.9B$2.53
2023.Q4$9.9B2.8%37.3%15.8%$3.1B−$12.0B−$8.9B8.3%7.8%$47.2B$4.15
2024.Q4$11.8B18.8%36.6%22.8%$3.3B$915MM$4.2B8.9%7.1%$46.6B$4.82
2025.Q4$12.6B7.5%38.7%22.8%$3.8B$664MM$4.4B8.8%8.3%$44.9B$5.7819.0
italics below = DCF projection · 10yr Rev CAGR: 3.7%
2026.Q4$10.7B+-15.4%49.5%22.5%$4.1B$0MM$4.1B8.8%$3.8B9.1%$44.9B$7.1822.7
2027.Q4$11.3B+5.8%51.7%22.2%$4.5B−$103MM$4.4B8.8%$3.8B10.1%$45.0B$7.9620.5
2028.Q4$12.0B+6.1%53.6%21.9%$5.0B−$219MM$4.8B8.7%$3.7B11.1%$45.3B$8.8018.5
2029.Q4$12.6B+5.4%57.0%21.7%$5.6B$0MM$5.6B8.7%$4.0B12.4%$45.3B$9.8716.5
2030.Q4$13.7B+8.4%57.0%21.4%$6.1B$0MM$6.1B8.7%$4.0B13.6%$45.3B$10.7415.2
Term. Yr+$18.9B4.1%40.2%20.0%$6.1B−$1.9B$4.2B8.6%$40.4B13.1%
Active scenario IV: $101 (-38.2% vs market)