Intermediate Capital Group (ICG) Share Price, News & Analysis

Company Overview

We are a provider of integrated solutions consisting of high-performance computing ASIC chips and ancillary software and hardware for blockchain applications. We utilize a fabless business model and specialize in the front-end and back-end of IC design, which are the major components of the IC product development chain. We have established strong supply chain management with a leading foundry, which helps to ensure our product quality and stable production output. Our products consist of high-performance computing ASIC chips that have high computing power and superior power efficiency as well as ancillary software and hardware, which cater to the evolving needs of the blockchain industry. We have built a proprietary technology platform named “Xihe” Platform, which allows us to develop a wide range of ASIC chips with high efficiency and scalability. We design our ASIC chips in-house, which enables us to leverage proprietary silicon data to deliver products reflecting the latest technological developments ahead of our competitors. As of September 30, 2022, we had completed a total of eight tape-outs using our “Xihe” Platform for 22nm ASIC chips, achieving a 100% success rate for all our tape-outs. Our strong commitment to advanced research and development enables us to innovate continuously and create ASIC chips with superior performance to power ratio at reasonable cost. According to Frost & Sullivan, we have a leading market share in ASIC chips designed for several key blockchain algorithms including Blake2bsha3, sha512MD160, Cryptonight V4, Eaglesong and Blake2s, in terms of the accumulative computing power sold for the years ended December 31, 2019, 2020 and 2021. We will continue to devote significant resources to design and tailor our ASIC chips for use in high-technology applications. As a result of fast-increasing market demand for our products, we have been growing rapidly. The principal executive offices of our operating subsidiaries are located at 9/F, A Block, No.333 Haiyang No.1 Road, Lingang Science and Technology Park, Pudong New Area, Shanghai, 201306, the People’s Republic of China. Our registered office in the Cayman Islands is located at Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands. Our agent for service of process in the United States is Puglisi & Associates.

Key Stats

• Today's Range: 1,995 to 2,050
• 50-Day Range: 2,005.58 to 2,351.96
• 52-Week Range: 1,852 to 2,448
• Volume: 776,319 shs
• Average Volume: 1.65 million shs
• Market Capitalization: £5.83 billion
• P/E Ratio: 1,253.49
• Dividend Yield: 3.94%
• Price Target: GBX 2,734.75
• Consensus Rating: Buy

Intermediate Capital Group Stock Analysis - MarketRank™

Intermediate Capital Group scored higher than 37% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

Intermediate Capital Group has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Intermediate Capital Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Intermediate Capital Group is 1,253.49, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 112.14.

Price to Earnings Ratio vs. Sector

The P/E ratio of Intermediate Capital Group is 1,253.49, which means that it is trading at a more expensive P/E ratio than the Manufacturing sector average P/E ratio of about 27.24.

Price to Book Value per Share Ratio

Intermediate Capital Group has a P/B Ratio of 2.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ICG.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Intermediate Capital Group is a leading dividend payer. It pays a dividend yield of 3.66%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Intermediate Capital Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Intermediate Capital Group is 4,937.50%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ICG.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Sentiment

Intermediate Capital Group has a news sentiment score of -2.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.97 average news sentiment score of Manufacturing companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Intermediate Capital Group this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Intermediate Capital Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.40% of the stock of Intermediate Capital Group is held by insiders.

Percentage Held by Institutions

70.40% of the stock of Intermediate Capital Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ICG Stock Analysis - Frequently Asked Questions

How have ICG shares performed this year?

Intermediate Capital Group's stock was trading at GBX 2,294.69 on January 1st, 2024. Since then, ICG stock has decreased by 12.6% and is now trading at GBX 2,005.58.
View the best growth stocks for 2024 here.

How do I buy shares of Intermediate Capital Group?

Shares of ICG stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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Company Calendar

• Today: 11/17/2024
• Ex-Dividend for 1/10 Dividend: 12/05/2024
• Dividend Payable: 1/10/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Manufacturing
• Industry: Electronic Components & Accessories
• Sub-Industry: Electronic Equipment
• Current Symbol: LON:ICG
• CUSIP: N/A
• CIK: N/A
• Web: N/A
• Phone: 86 021 58961080
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 2,734.75
• High Stock Price Target: GBX 3,036
• Low Stock Price Target: GBX 2,600
• Potential Upside/Downside: +36.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 1.60
• Trailing P/E Ratio: 1,253.49
• Forward P/E Ratio: 12.03
• P/E Growth: N/A
• Net Income: £467.40 million
• Net Margins: 52.33%
• Pretax Margin: N/A
• Return on Equity: 21.56%
• Return on Assets: 5.15%

Debt

• Debt-to-Equity Ratio: 68.04
• Current Ratio: 1.68
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: £904.70 million
• Price / Sales: 6.44
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: GBX 803 per share
• Price / Book: 2.50

Miscellaneous

• Outstanding Shares: 290,630,000
• Free Float: N/A
• Market Cap: £5.83 billion
• Optionable: N/A
• Beta: 1.97