ICF International, Inc. (ICFI) 株式分析

企業概要

ICF International, Inc. is a leading provider of management, technology, and policy consulting and implementation services, serving both government and commercial clients across the United States and international markets. The company operates within the Industrials sector, specifically within the Consulting Services industry, where it leverages specialized expertise to deliver strategic solutions to a diverse client base. As of the latest data, ICF International holds a market capitalization of 12.7 億ドル (1.27B) and employs approximately 6,972 staff members globally. These financial metrics indicate a mid-to-large-sized enterprise with a substantial operational footprint, although the market cap relative to its revenue suggests a valuation that may reflect specific industry dynamics or recent performance adjustments. The scale of operations, evidenced by nearly 7,000 employees, underscores the firm's capacity to handle complex, large-scale projects for public and private sector entities.

財務健全性

The company reported a total revenue of 18.7 億ドル (1.87B) over the trailing twelve months, with a net income of 9.159 億ドル (91.59M) and an EBITDA of 20.361 億ドル (203.61M). The significant gap between the gross revenue of 18.7 億ドル and the net income of 9.159 億ドル highlights a cost structure where operating expenses, including salaries and overhead, consume a considerable portion of top-line revenue before reaching the bottom line. Free cash flow stands at 6.42 億ドル (64.20M), which provides the organization with essential financial flexibility to fund operations, manage liquidity, or pursue strategic initiatives without relying heavily on external financing. Profitability analysis reveals a gross margin of 37.2%, an operating margin of 6.5%, and a profit margin of 4.9%, indicating that for every dollar of revenue, the company retains roughly 4.9 cents as net profit after all costs. On the balance sheet, the company holds 530 万ドル (5.30M) in cash against total debt of 5.734 億ドル (573.40M), resulting in a debt-to-equity ratio of 55.75, which characterizes a leveraged financial position rather than a conservative one. Liquidity is assessed via a current ratio of 1.27, suggesting that the company possesses sufficient current assets to cover its short-term liabilities, though the margin above 1.0 is relatively narrow. Return on equity is reported at 9.1% while return on assets is 4.4%, metrics that reveal the efficiency of management in generating returns on shareholder capital and utilizing the total asset base, respectively.

バリュエーション評価

Valuation metrics for ICF International show a trailing P/E ratio of 13.93 and a forward P/E of 9.01. The substantial difference between the trailing P/E of 13.93 and the forward P/E of 9.01 implies that the market expects earnings to grow significantly in the future relative to current performance, or that current earnings are being suppressed by temporary factors. The price-to-book ratio is 1.22, indicating that the stock trades at a slight premium over its book value, which is typical for service-oriented firms with intangible assets and human capital not fully captured on the balance sheet. Alternative valuation multiples such as the price-to-sales ratio of 0.68 and an EV/EBITDA of 8.98 provide additional context, suggesting the company is priced at less than one dollar of sales and offers an enterprise value relative to earnings before interest, taxes, depreciation, and amortization that is competitive within the consulting sector. Price action over the last year has ranged between a 52-week high of 101.71 ドル and a 52-week low of 64.34 ドル. Without the specific current share price provided in the facts, the absolute position relative to this range cannot be calculated, but the spread between the high and low reflects the volatility experienced by the stock during the period. The stock exhibits a beta of 0.54, which means its price volatility is significantly lower than the broader market, suggesting a defensive characteristic that often appeals to investors seeking stability during market downturns.

Growth & Income

Recent financial performance indicates a revenue growth of -10.6% year-over-year and an earnings growth of -27.4% year-over-year. The earnings growth rate of -27.4% is declining faster than the revenue growth rate of -10.6%, which implies that the company's cost structure or profitability per unit is under pressure, leading to a disproportionate impact on the bottom line compared to the top line. Regarding income distribution, the company maintains a dividend yield of 0.8% with a payout ratio of 11.3%. Given the negative earnings growth, the low payout ratio suggests the company is retaining the majority of its earnings rather than distributing them, which could be a strategy to preserve capital during a contractionary period. The current negative growth rates in both revenue and earnings highlight a challenging operational environment for the firm, potentially driven by macroeconomic factors affecting public sector spending or commercial demand. Overall, the growth and income profile for ICF International currently reflects a period of contraction, where earnings are shrinking at a rate faster than revenue, while the dividend remains modest and highly conservative relative to the reported earnings figures.