Added to YB: 2026-01-22
Pitch date: 2026-01-21
ICTEF [neutral]
International Container Terminal Services, Inc.
+6.86%
current return
Author Info
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Company Info
International Container Terminal Services, Inc., together with its subsidiaries, acquires, develops, manages, and operates container ports and terminals for container shipping industry in Asia, Europe, the Middle East, Africa, and the Americas.
Market Cap
PHP 21.1B
Pitch Price
PHP 627.00
Price Target
N/A
Dividend
2.37%
EV/EBITDA
12.51
P/E
22.25
EV/Sales
8.02
Sector
Transportation Infrastructure
Category
value
ICTSI Valuation Update
ICTEF (trimmed position): Port operator in emerging markets breached <6% IRR hurdle after 60% rally past year. Trading 15.2x EV/EBIT vs 13.6x 20yr avg. Excellent mgmt but fewer needle-moving acquisitions available. Manila tariffs, peso devaluation, Mexico TEUs exceeding estimates. 5.6% IRR to 2029 triggers position reduction per disciplined process.
Read full article (2 min)