OTCPK:ICTE.F

Stock Analysis Report

International Container Terminal Services

Executive Summary

International Container Terminal Services, Inc., together with its subsidiaries, acquires, develops, manages, and operates container ports and terminals serving the shipping industry.

Snowflake

Fundamentals

Solid track record average dividend payer.

Share Price & News

How has International Container Terminal Services's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:ICTE.F

2.6%

US Infrastructure

2.9%

US Market


1 Year Return

n/a

OTCPK:ICTE.F

-42.5%

US Infrastructure

0.2%

US Market

No trading data on ICTE.F.

No trading data on ICTE.F.


Share holder returns

ICTE.FIndustryMarket
7 Day0%2.6%2.9%
30 Day0%-11.9%-2.3%
90 Dayn/a-13.1%3.1%
1 Yearn/a-39.5%-42.5%2.4%0.2%
3 Yearn/a-45.4%-56.9%41.7%32.4%
5 Yearn/a-23.7%-47.9%55.1%37.9%

Price Volatility Vs. Market

How volatile is International Container Terminal Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is International Container Terminal Services undervalued based on future cash flows and its price relative to the stock market?

38%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

International Container Terminal Services's share price is below the future cash flow value, and at a moderate discount (> 20%).

International Container Terminal Services's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

International Container Terminal Services is overvalued based on earnings compared to the North America Infrastructure industry average.

International Container Terminal Services is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

International Container Terminal Services is poor value based on expected growth next year.


Price Based on Value of Assets

International Container Terminal Services is overvalued based on assets compared to the US Infrastructure industry average.


Next Steps

Future Growth

How is International Container Terminal Services expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

13.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

International Container Terminal Services's revenue is expected to grow by 7.4% yearly, however this is not considered high growth (20% yearly).

International Container Terminal Services's earnings are expected to grow by 13.9% yearly, however this is not considered high growth (20% yearly).

International Container Terminal Services's revenue growth is positive but not above the United States of America market average.

International Container Terminal Services's earnings growth is positive but not above the United States of America market average.

International Container Terminal Services's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

International Container Terminal Services is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has International Container Terminal Services performed over the past 5 years?

6.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

International Container Terminal Services's year on year earnings growth rate has been positive over the past 5 years.

International Container Terminal Services's 1-year earnings growth exceeds its 5-year average (66.9% vs 6.2%)

International Container Terminal Services's earnings growth has exceeded the North America Infrastructure industry average in the past year (66.9% vs 9.1%).


Return on Equity

International Container Terminal Services has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

International Container Terminal Services used its assets more efficiently than the North America Infrastructure industry average last year based on Return on Assets.


Return on Capital Employed

International Container Terminal Services has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is International Container Terminal Services's financial position?


Financial Position Analysis

International Container Terminal Services's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

International Container Terminal Services's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

International Container Terminal Services's level of debt (112.6%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (73.6% vs 112.6% today).

Debt is well covered by operating cash flow (37%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 4.5x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.3x debt.


Next Steps

Dividend

What is International Container Terminal Services's current dividend yield, its reliability and sustainability?

3.51%

Expected Dividend Yield


Dividend Yield and Payments Analysis

International Container Terminal Services's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

International Container Terminal Services's dividend is below the markets top 25% of dividend payers in United States of America (3.85%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.6x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.6x coverage).


Next Steps

Management

What is the CEO of International Container Terminal Services's salary, the management and board of directors tenure and is there insider trading?

3.8yrs

Average management tenure


CEO

Enrique Razon (59yo)

0.0yrs

Tenure

0

Mr. Enrique K. Razon, Jr., serves as the Executive Chairman and Chief Executive Officer of Bloomberry Resorts Corporation. Mr. Razon serves as the Chief Executive Officer and President of International Con ...


Management Age and Tenure

3.8yrs

Average Tenure

52yo

Average Age

The tenure for the International Container Terminal Services management team is about average.


Board Age and Tenure

24.6yrs

Average Tenure

75yo

Average Age

The average tenure for the International Container Terminal Services board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

More shares have been bought than sold by International Container Terminal Services individual insiders in the past 3 months.


Recent Insider Transactions

SellUS$26,37730 Jul 19
Jose Joel Sebastian
EntityIndividual
Role
Senior Key Executive
Senior Vice President of Finance
Shares10,000
Max PriceUS$2.64
BuyUS$28,06302 Jul 19
Cesar Buenaventura
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceUS$2.81
SellUS$27,96626 Jun 19
Jose Joel Sebastian
EntityIndividual
Role
Senior Key Executive
Senior Vice President of Finance
Shares10,000
Max PriceUS$2.80
BuyUS$2,798,49425 Jun 19
Enrique Razon
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares1,000,000
Max PriceUS$2.81
SellUS$27,95118 Jun 19
Jose Ibazeta
EntityIndividual
Role
Member of the Board of Directors
Director
Shares10,000
Max PriceUS$2.80
SellUS$26,06710 Jun 19
Jose Ibazeta
EntityIndividual
Role
Member of the Board of Directors
Director
Shares10,000
Max PriceUS$2.61
SellUS$265,57320 May 19
Rafael De La Consing
EntityIndividual
Role
Chief Financial Officer
Senior VP
Shares100,006
Max PriceUS$2.71
SellUS$81,12217 May 19
Jose Joel Sebastian
EntityIndividual
Role
Senior Key Executive
Senior Vice President of Finance
Shares30,000
Max PriceUS$2.72
SellUS$172,29303 May 19
Jose Joel Sebastian
EntityIndividual
Role
Senior Key Executive
Senior Vice President of Finance
Shares70,000
Max PriceUS$2.53
SellUS$146,97503 May 19
Rafael De La Consing
EntityIndividual
Role
Chief Financial Officer
Senior VP
Shares60,580
Max PriceUS$2.43
SellUS$97,38821 Mar 19
Rafael De La Consing
EntityIndividual
Role
Chief Financial Officer
Senior VP
Shares43,000
Max PriceUS$2.27
SellUS$57,25815 Mar 19
Jose Joel Sebastian
EntityIndividual
Role
Senior Key Executive
Senior Vice President of Finance
Shares25,000
Max PriceUS$2.30
SellUS$101,62415 Mar 19
Rafael De La Consing
EntityIndividual
Role
Chief Financial Officer
Senior VP
Shares45,000
Max PriceUS$2.26
SellUS$281,85822 Feb 19
Rafael De La Consing
EntityIndividual
Role
Chief Financial Officer
Senior VP
Shares123,520
Max PriceUS$2.31
SellUS$2,000,38418 Jan 19
Andres Soriano
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000,000
Max PriceUS$2.00
SellUS$1,710,23601 Oct 18
Andres Soriano
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000,000
Max PriceUS$1.71
SellUS$7,141,78430 Aug 18
Andres Soriano
EntityIndividual
Role
Member of the Board of Directors
Director
Shares4,000,000
Max PriceUS$1.79

Ownership Breakdown


Management Team

  • Arthur Quintin Tabuena

    Treasury Director & Head of Investor Relations

    • Tenure: 0.0yrs
  • Enrique Razon (59yo)

    Chairman

    • Tenure: 0.0yrs
  • Joel Consing (51yo)

    Senior VP

    • Tenure: 3.8yrs
  • Christian Martin Gonzalez (44yo)

    Senior VP & Head of Global Corporate

    • Tenure: 11.3yrs
  • Hans-Ole Madsen (53yo)

    Senior VP and Regional Head of Europe

    • Tenure: 0.0yrs
  • Krzysztof Szymborski

    CEO of Baltic Container Terminal and GM - Baltic Container Terminal

    • Tenure: 10.5yrs
  • Jose Joel Sebastian (55yo)

    Senior Vice President of Finance

    • Tenure: 3.8yrs
  • Sandy Alipio (48yo)

    Chief Risk Officer and Head of Business Strategy & Control

    • Tenure: 0.4yrs
  • Michael Cruickshanks (61yo)

    VP & Head of Global Corporate Human Resources

    • Tenure: 1.8yrs
  • Brian Hibbert (51yo)

    VP & Chief Information Officer

    • Tenure: 0.8yrs

Board Members

  • Octavio Victor Espiritu (75yo)

    Independent Director

    • Tenure: 17.3yrs
  • Andres Soriano (67yo)

    Director

    • Tenure: 27.1yrs
  • Jose Ibazeta (76yo)

    Director

    • Tenure: 31.7yrs
  • Cesar Buenaventura (90yo)

    Independent Director

    • Tenure: 0.5yrs
  • Enrique Razon (59yo)

    Chairman

    • Tenure: 0.0yrs
  • Stephen George Paradies (66yo)

    Director

    • Tenure: 31.7yrs
  • Joseph Higdon (77yo)

    Independent Director

    • Tenure: 12.3yrs

Company Information

International Container Terminal Services, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: International Container Terminal Services, Inc.
  • Ticker: ICTE.F
  • Exchange: OTCPK
  • Founded: 1987
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Market Cap: ₱263.786b
  • Listing Market Cap: ₱5.051b
  • Shares outstanding: 2.01b
  • Website: https://www.ictsi.com

Number of Employees


Location

  • International Container Terminal Services, Inc.
  • ICTSI Administration Building
  • Manila International Container Terminal
  • Manila
  • 1012
  • Philippines

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ICTPSE (Philippines Stock Exchange)YesCommon StockPHPHPSep 1992
ICTE.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 1992

Biography

International Container Terminal Services, Inc., together with its subsidiaries, acquires, develops, manages, and operates container ports and terminals serving the shipping industry. The company also hand ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 00:00
End of Day Share Price2019/05/31 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.