COMP <GO>
ICE vs JPM // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
Intercontinental Exchange Inc. (NYSE) VS. JPMorgan Chase & Co. (NYSE) • 15-METRIC TALLY: ICE 4
— JPM 10
▲ OPTIONS IMPLIED MOVE & PUT/CALL SKEW LEADER: JPM
LAST: $168.85 (+3.56%) • MKT CAP: $91.53B
options-implied-move
6.50%
LAST: $337.04 (-1.90%) • MKT CAP: $895.92B
options-implied-move
4.84%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ICE VS. JPM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ICE | JPM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 41.00% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 8.30% | 17.37% | -9.07 | JPM | /roic <GO> |
| EV/EBITDA & P/E Valuation | 20.8x | 9.7x | +11.13 | JPM | /valuation <GO> |
| Free Cash Flow Yield | 4.69% | -18.14% | +22.83 | ICE | /fcf-yield <GO> |
| Operating Margin | 39.00% | 42.07% | -3.07 | JPM | /operating-margins <GO> |
| Net Profit Margin | 26.20% | 32.63% | -6.43 | JPM | /net-margins <GO> |
| Revenue Growth (YoY) | 7.50% | 13.53% | -6.03 | JPM | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 1.21% | 1.96% | -0.75 | JPM | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 0.94 | 0.37 | +0.57 | ICE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 2/9 | +7.00 | ICE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | 6.50% | 4.84% | +1.66 | JPM | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 65.5 | 49.0 | +16.45 | ICE | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.89 | 1.00 | -0.11 | JPM | /macro-sensitivity <GO> |
| Forward P/E Multiple | 25.7x | 13.6x | +12.13 | JPM | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $91.53B | $895.92B | -$804.39B | JPM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ICE REV | JPM REV | ICE GROSS % | JPM GROSS % | ICE FCF | JPM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $12.64B | $182.45B | 44.0% | — | $4.29B | -$147.78B |
| FY 2024 | $11.76B | $177.56B | 44.0% | — | $4.20B | -$42.01B |
| FY 2023 | $9.90B | $158.10B | 44.0% | — | $3.10B | $12.97B |
| FY 2022 | — | $128.69B | — | — | — | $107.12B |
| FY 2021 | — | $121.65B | — | — | — | $78.08B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ICE // BETA 0.89
JPM // BETA 1.00