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 ?8.9%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?1.074
Beta (levered) ?1.314
Terminal OM% ?40.2%
Segment conc. ?51% dominant
Terminal growth ?4.1%
Bond rating ?AA · 0.90%
ROIC option ?Opt 2 · 13.1%
Prob of failure ?0.0%
Pipeline validated · 2026-07-21

ICE · Intercontinental Exchange, Inc.

$123.862026-07-21
Sector: Financial Services; Industry: Financial - Data & Stock Exchanges; Sub-Industry: Financial Exchanges & Data

Intrinsic Value Range Comparison · Mulya.ai

Bull
$173
+39.9% vs market
Base · active
$102
-17.5% vs market
Bear
$88
-29.1% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $88
Base $102
Market $124
Bull $173
Median $191
Market Price $124
Mulya.ai Base $102
Analysts Median $191
Mulya.ai IV range ($88 · $173)
Analysts Range ($177 · $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
2024.Q1$9.9B37.3%15.4%$3.1B−$9.7B−$6.6B8.2%6.6%$47.4B$4.15
2024.Q4$9.9B0.0%37.3%22.8%$2.9B$915MM$3.8B8.9%6.1%$46.6B$4.15
2025.Q1$11.8B18.8%36.6%24.1%$3.3B$976MM$4.2B8.5%7.1%$45.1B$4.83
2025.Q4$11.8B0.0%36.6%22.8%$3.3B$664MM$4.0B8.8%7.4%$44.9B$4.83
2026.Q1$13.1B11.2%40.8%23.2%$4.1B$491MM$4.6B8.3%8.9%$47.6B$6.8813.2
italics below = DCF projection · 10yr Rev CAGR: 4.2%
2027.Q1$11.2B+-14.2%49.5%22.9%$4.3B$0MM$4.3B8.8%$3.9B9.0%$47.6B$7.5116.5
2028.Q1$11.8B+5.4%51.1%22.6%$4.7B−$54MM$4.6B8.8%$3.9B9.8%$47.6B$8.2115.1
2029.Q1$12.5B+5.8%52.9%22.2%$5.1B−$120MM$5.0B8.8%$3.9B10.8%$47.7B$9.0313.7
2030.Q1$13.4B+7.0%56.5%21.9%$5.9B−$749MM$5.2B8.8%$3.7B12.3%$48.5B$10.3612.0
2031.Q1$14.6B+9.3%56.5%21.6%$6.5B−$1.2B$5.3B8.7%$3.5B13.2%$49.7B$11.3710.9
Term. Yr+$20.6B4.1%40.2%20.0%$6.6B−$2.1B$4.5B8.6%$43.8B13.1%
Active scenario IV: $102 (-17.5% vs market)