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Aadit Sheth
RT @neatprompts: This guy literally shared the only study guide youโ€™ll ever need https://t.co/snH7eUNMQh
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Evan
RT @StockMKTNewz: TESLA $TSLA JUST PROPOSED A NEW POTENTIALLY TRILLION DOLLAR PAY PACKAGE FOR ELON MUSK

The pay package has 12 different levels which a market cap and operational milestone must be hit

The pay package would see Elon Musk get up to his desired 25% ownership stake

If all 12 tranches are triggered and Elon Musk's 2018 pay package is struck down Elon would have a total of 24.8% voting power in the company

If Elon 2018 pay package is brought back and Elon gets through all 12 tranches he would have 28.8% voting power in Tesla
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Iqra Saifi
Veo-3 fast on Flow ๐ŸŒฟ๐Ÿš‹๐Ÿˆโ€โฌ›

A cinematic, slightly low-angle tracking shot begins behind a lone, young woman, her back mostly to the camera, standing on a dilapidated, overgrown train platform. She wears a dark skirt, a backpack, and holds an old film camera, looking intently down the abandoned tracks. Her short, dark hair has subtle green streaks, blending with the environment. The camera slowly pushes forward, then subtly arcs to the right, revealing a small, striped tabby cat sitting patiently at her feet, looking up at her. The entire scene is engulfed by a hyper-realistic, post-apocalyptic nature reclaiming urban decay. Lush, vibrant green foliage โ€“ vines, moss, and dense undergrowth โ€“ has completely consumed the old train station, wrapping around rusted metal structures and broken concrete. Sunlight filters sparsely through the dense canopy, creating dramatic, contrasting pockets of light and deep shadow, illuminating dust motes dancing in the air. Further down the tracks, a derelict, moss-covered tram or train car sits motionless, its windows dark and opaque, blending almost entirely with the encroaching forest. The metal tracks are rusted and partially buried under weeds and fallen leaves. Every detail is meticulously rendered: the texture of the woman's worn clothing, the individual strands of moss on the train car, the rust on the tracks, the glistening dew on leaves, and the intricate patterns on the cat's fur. The soundscape is haunting and immersive: the gentle rustle of leaves in a faint breeze, the distant, eerie creak of old metal, the soft chirping of unseen insects, and the almost imperceptible hum of silence, all creating a profound sense of forgotten history and nature's persistent power.
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Evan
RT @StockMKTNewz: CEOs and leaders from the largest tech companies in the United States ๐Ÿ‡บ๐Ÿ‡ธ had dinner at the White House last night and talked about how much they're investing in the US

Here's some of the people who were there https://t.co/eSlcruGwTl

- Meta CEO Mark Zuckerberg
- Meta Chief AI Officer Alexandr Wang
- Microsoft CEO Satya Nadella
- Microsoft Founder Bill Gates
- Google CEO Sundar Pichai
- Google Co-Founder Sergey Brin
- Apple CEO Tim Cook
- AMD CEO Lisa Su
- SPAC Man Chamath Palihapitiya
- OpenAI CEO Sam Altman
- OpenAI President Greg Brockman
- Palantir CTO Shyam Sankar
- Oracle CEO Safra Catz
- Amazon VP Jamie Siminoff
- Shift4 founder Jared Isaacman (Elon Musk's representative???)
- Micron CEO Sanjay Mehrotra
- Blue Origin CEO David Limp
- COO of Groq Sunny Madra
- Figma CEO Dylan Field
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Aadit Sheth
RT @neatprompts: MIT literally packed 7 hours with everything you need to know about Gen AI for free https://t.co/AdAzL0Oyf2
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Evan
RT @TheETFTracker: Here is every stock that has been added to the S&P 500 since the start of 2023

- September 2025: Robinhood $HOOD, Applovin $APP, Emcor $EME
- August 2025: Interactive Brokers $IBKR
- July 2025: Square (Block) $XYZ, Trade Desk $TTD, Datadog $DDOG
- May 2025: Coinbase $COIN
- March 2025: DoorDash $DASH, TKO Group $TKO, Williams Sonoma $WSM, and Expand Energy $EXE
- December 2024: Apollo Global $APO, Workday $WDAY, Lennox $LII
- November 2024: Texas Pacific $TPL
- September 2024: Palantir $PLTR, $DELL, and $ERIE
- July 2024: Smurfit Westrock $SW
- June 2024: CrowdStrike $CRWD, $KKR, and GoDaddy $GDDY
- May 2024: Vistra $VST
- April 2024: GE Vernova $GEV and Solventum $SOLV
- March 2024: Super Micro $SMCI and Deckers $DECK
- December 2023: $UBER, Jabil $JBL, and Builders $BLDR
- October 2023: Lululemon $LULU, Hubbell $HUBB, and Veralto $VLTO
- September 2023: Airbnb $ABNB, Blackstone $BX
- August 2023: Kenvue $KVUE
- June 2023: Palo Alto $PANW
- May 2023: $AXON
- March 2023: Fair Issac $FICO, Bunge $BG, and Insulet $PODD
- January 2023: GE Healthcare $GEHC
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Dimitry Nakhla | Babylon Capitalยฎ
A quality valuation analysis on $ICE ๐Ÿง˜๐Ÿฝโ€โ™‚๏ธ

โ€ขNTM P/E Ratio: 24.07x
โ€ข5-Year Mean: 22.31x

โ€ขNTM FCF Yield: 4.74%
โ€ข5-Year Mean: 4.82%

As you can see, $ICE appears to be trading slightly above fair value

Going forward, investors can expect to receive ~7% LESS in earnings per share & ~2% LESS in FCF per share๐Ÿง ***

Before we get into valuation, letโ€™s take a look at why $ICE is a quality business

BALANCE SHEET๐Ÿ†—
โ€ขCash & Equivalents: $1.00B
โ€ขLong-Term Debt: $17.36B

$ICE has an OK balance sheet, an A- S&P Credit Rating & 5.68x FFO Interest Coverage

RETURN ON CAPITAL๐Ÿ†—
โ€ข2020: 7.8%
โ€ข2021: 8.6%
โ€ข2022: 8.3%
โ€ข2023: 7.5%
โ€ข2024: 8.5%
โ€ขLTM: 9.2%

RETURN ON EQUITY๐Ÿ†—
โ€ข2020: 11.4%
โ€ข2021: 19.2%
โ€ข2022: 6.6%
โ€ข2023: 10.0%
โ€ข2024: 10.5%
โ€ขLTM: 11.1%

$ICE has decent return metrics as the company relies heavily on acquisitions

REVENUESโœ…
โ€ข2014: $3.09B
โ€ข2024: $9.28B
โ€ขCAGR: 11.62%

CASH FROM OPERATIONSโœ…
โ€ข2014: $1.51B
โ€ข2024: $4.61B
โ€ขCAGR: 11.81%

NORMALIZED EPSโœ…
โ€ข2014: $1.93
โ€ข2024: $6.07
โ€ขCAGR: 12.14%

SHARE BUYBACKSโŒ
โ€ข2014 Shares Outstanding: 573.00M
โ€ขLTM Shares Outstanding: 576.50M

MARGINSโœ…
โ€ขLTM Gross Margins: 100.0%
โ€ขLTM Operating Margins: 49.4%
โ€ขLTM Gross Margins: 31.0%

***NOW TO VALUATION ๐Ÿง 

As stated above, investors can expect to receive ~7% LESS in EPS & ~2% LESS in FCF per share

Using Benjamin Grahamโ€™s 2G rule of thumb, $ICE has to grow earnings at a 12.04% CAGR over the next several years to justify its valuation

Today, analysts anticipate 2025 - 2028 EPS growth over the next few years to be just more than the (12.04%) required growth rate:

2025E: $6.97 (14.8% YoY) *FY Dec

2026E: $7.72 (10.7% YoY)
2027E: $8.59 (11.3% YoY)
2028E: $9.55 (11.2% YoY)

$ICE has a great track record of meeting analyst estimates ~2 years out, but letโ€™s assume $ICE ends 2028 with $9.55 in EPS & see its CAGR potential assuming different multiples

26x P/E: $248.30๐Ÿ’ต โ€ฆ ~12.4% CAGR

25x P/E: $238.75๐Ÿ’ต โ€ฆ ~11.0% CAGR

24x P/E: $229.20๐Ÿ’ต โ€ฆ ~9.7% CAGR

23x P/E: $219.65๐Ÿ’ต โ€ฆ ~8.3% CAGR

22x P/E: $210.10๐Ÿ’ต โ€ฆ ~6.9% CAGR

As you can see, weโ€™d have to assume ~25x earnings for $ICE to have good double digit CAGR potential

$ICE is a high-quality business with a wide-moat & generates ~65% of total revenue from their exchanges revenue โ€” the other ~35% from fixed income & data services revenue & mortgage technology

While $ICE has traded for an average 22.31x multiple over the past 5 years, I believe it should normally trade for 24x - 26x given its predictability & moat, among other things

Today at $174๐Ÿ’ต $ICE appears to be a fair consideration for investment

I consider $ICE a stronger consideration closer to $160๐Ÿ’ต where I can potentially expect 11% CAGR assuming a more conservative 23x end multiple in 2028

#stocks #investing
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๐ƒ๐ˆ๐’๐‚๐‹๐Ž๐’๐”๐‘๐„โ€ผ๏ธ: ๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐๐Ž๐“ ๐ˆ๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ ๐€๐๐ฏ๐ข๐œ๐ž. ๐๐š๐›๐ฒ๐ฅ๐จ๐ง ๐‚๐š๐ฉ๐ข๐ญ๐š๐ฅยฎ ๐š๐ง๐ ๐ข๐ญ๐ฌ ๐ซ๐ž๐ฉ๐ซ๐ž๐ฌ๐ž๐ง๐ญ๐š๐ญ๐ข๐ฏ๐ž๐ฌ ๐ฆ๐š๐ฒ ๐ก๐š๐ฏ๐ž ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐ž๐œ๐ฎ๐ซ๐ข๐ญ๐ข๐ž๐ฌ ๐๐ข๐ฌ๐œ๐ฎ๐ฌ๐ฌ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ญ๐ฐ๐ž๐ž๐ญ.

๐“๐ก๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐œ๐จ๐ง๐ญ๐š๐ข๐ง๐ž๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ญ๐ฐ๐ž๐ž๐ญ ๐ข๐ฌ ๐ข๐ง๐ญ๐ž๐ง๐๐ž๐ ๐Ÿ๐จ๐ซ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ฉ๐ฎ๐ซ๐ฉ๐จ๐ฌ๐ž๐ฌ ๐จ๐ง๐ฅ๐ฒ ๐š๐ง๐ ๐ฌ๐ก๐จ๐ฎ๐ฅ๐ ๐ง๐จ๐ญ ๐›๐ž ๐œ๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐ž๐ ๐š๐ฌ ๐ข๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ ๐š๐๐ฏ๐ข๐œ๐ž ๐ญ๐จ ๐ฆ๐ž๐ž๐ญ ๐ญ๐ก๐ž ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ง๐ž๐ž๐๐ฌ ๐จ๐Ÿ ๐š๐ง๐ฒ ๐ข๐ง๐๐ข๐ฏ๐ข๐๐ฎ๐š๐ฅ ๐จ๐ซ ๐ฌ๐ข๐ญ๐ฎ๐š๐ญ๐ข๐จ๐ง. ๐๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐š๐ง๐œ๐ž ๐ข๐ฌ ๐ง๐จ ๐ ๐ฎ๐š๐ซ๐š๐ง๐ญ๐ž๐ž ๐จ๐Ÿ ๐Ÿ๐ฎ๐ญ๐ฎ๐ซ๐ž ๐ซ๐ž๐ฌ๐ฎ๐ฅ๐ญ๐ฌ.

๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐œ๐จ๐ง๐ญ๐š๐ข๐ง๐ž๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ญ๐ฐ๐ž๐ž๐ญ ๐ก๐š๐ฌ ๐›๐ž๐ž๐ง ๐จ๐›๐ญ๐š๐ข๐ง๐ž๐ ๐Ÿ๐ซ๐จ๐ฆ ๐ฌ๐จ๐ฎ๐ซ๐œ๐ž๐ฌ ๐›๐ž๐ฅ๐ข๐ž๐ฏ๐ž๐ ๐ญ๐จ ๐›๐ž ๐ซ๐ž๐ฅ๐ข๐š๐›๐ฅ๐ž, ๐›๐ฎ๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐ ๐ฎ๐š๐ซ๐š๐ง๐ญ๐ž๐ž๐ ๐š๐ฌ ๐ญ๐จ ๐œ๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž๐ง๐ž๐ฌ๐ฌ ๐จ๐ซ ๐š๐œ๐œ๐ฎ๐ซ๐š๐œ๐ฒ.
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AlexandrIA
RT @AleRVG: -- Anonymous Faces --

๐Ÿ™๏ธ Mirrors of routine for those who still know how to look without rushing.

๐Ÿ’กMade With Kling v 2.1
๐ŸŽต Somewhere Only We Know [Keane]
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