COMP <GO>
ICE vs MS // PIOTROSKI F-SCORE QUALITY
Intercontinental Exchange Inc. (NYSE) VS. Morgan Stanley (NYSE) • 15-METRIC TALLY: ICE 10
— MS 4
▲ PIOTROSKI F-SCORE QUALITY LEADER: ICE
LAST: $168.85 (+3.56%) • MKT CAP: $91.53B
piotroski-score
9/9
LAST: $184.30 (-3.00%) • MKT CAP: $298.41B
piotroski-score
5/9
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ICE VS. MS)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ICE | MS | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 41.00% | 41.00% | 0.00 | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 8.30% | 3.00% | +5.30 | ICE | /roic <GO> |
| EV/EBITDA & P/E Valuation | 20.8x | 31.0x | -10.20 | ICE | /valuation <GO> |
| Free Cash Flow Yield | 4.69% | -7.25% | +11.94 | ICE | /fcf-yield <GO> |
| Operating Margin | 39.00% | 24.60% | +14.40 | ICE | /operating-margins <GO> |
| Net Profit Margin | 26.20% | 20.20% | +6.00 | ICE | /net-margins <GO> |
| Revenue Growth (YoY) | 7.50% | 5.50% | +2.00 | ICE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 1.21% | 2.21% | -1.00 | MS | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 0.94 | 0.46 | +0.48 | ICE | /balance-sheet <GO> |
| Piotroski F-Score Quality ACTIVE | 9/9 | 5/9 | +4.00 | ICE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 6.50% | 7.00% | -0.50 | ICE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 65.5 | 43.3 | +22.21 | ICE | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.89 | 1.04 | -0.15 | MS | /macro-sensitivity <GO> |
| Forward P/E Multiple | 25.7x | 16.5x | +9.20 | MS | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $91.53B | $298.41B | -$206.88B | MS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ICE REV | MS REV | ICE GROSS % | MS GROSS % | ICE FCF | MS FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $12.64B | $0 | 44.0% | — | $4.29B | -$17.89B |
| FY 2024 | $11.76B | $0 | 44.0% | — | $4.20B | $1.36B |
| FY 2023 | $9.90B | $0 | 44.0% | — | $3.10B | -$33.54B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ICE // BETA 0.89
MS // BETA 1.04