International Container Terminal Services, Inc.

International Container Terminal Services, Inc.

ICTEF
International Container Terminal Services, Inc.US flagOther OTC
14.14
USD
+0.61
- -
28.55BMarket Cap
International Container Terminal Services, Inc.
ICTEF
(Other OTC)

Recent

price

14.14

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.31
0.42
0.5
0.49
0.57
0.57
0.58
0.67
0.73
0.81
0.8
0.95
1.13
1.21
1.43
1.69
1.54
Revenue per Share
0.05
0.07
0.07
0.09
0.09
0.03
0.09
0.08
0.1
0.05
0.05
0.21
0.3
0.25
0.42
0.52
0.45
Basic EPS, GAAP
0.04
- -
-0.11
-0.1
0.05
- -
0.04
0.14
0.2
0.26
0.3
0.38
0.45
0.49
0.53
0.6
0.5
Free Cash Flow per Basic Share
0.01
0.01
0.02
0.02
0.02
0.03
0.03
0.06
0.06
0.11
0.09
0.11
0.15
0.21
0.22
0.28
0.28
Dividend per Share
0.22
0.27
0.31
0.36
0.41
0.39
0.42
0.24
0.26
0.18
0.14
0.2
0.37
0.43
0.64
0.9
0.63
Book Value per Share
-0.02
0.05
-0.06
-0.17
-0.15
0.05
-0.01
-0.12
0.02
-0.23
-0.09
-0.28
-0.34
-0.24
-0.24
-0.04
-0.28
Tangible Book Value per Share
1,896
1,916
1,935
1,996
2,036
2,036
2,032
2,027
2,032
2,010
2,001
2,038
2,032
2,032
2,033
2,021
2,027
Basic Weighted Avg Shares
587
813
966
988
1,167
1,167
1,184
1,350
1,491
1,618
1,605
1,927
2,305
2,454
2,906
3,424
3,131
Sales/Revenue/Turnover
30.79
25.85
23.49
28.13
27.48
27.61
31.98
34.75
35.68
36.91
39.83
45.51
48.24
48.83
50.38
52.38
50.44
Operating Margin (%)
67
69
81
99
122
126
148
196
226
235
230
247
267
294
301
328
311
Depreciation Expense
98
131
143
172
182
59
180
158
207
100
102
429
618
512
850
1,048
913
Net Income, GAAP
28.59
23.4
25.07
15.95
21.96
42.33
24.73
13.95
18.29
31.41
28.3
20.67
18.39
22.26
22.39
25.18
23.09
Effective Tax Rate (%)
16.73
16.1
14.83
17.45
15.59
5.01
15.2
11.73
13.92
6.2
6.34
22.24
26.84
20.85
29.24
30.61
29.16
Profit Margin (%)
272
362
-103
200
76
225
69
95
228
-187
479
401
-1
496
455
453
57
Working Capital
588
590
530
906
998
1,027
1,326
2,588
2,349
2,597
2,929
3,322
3,022
3,561
3,534
4,429
3,525
LT Debt
630
942
1,110
1,353
1,474
1,826
1,766
1,573
1,948
1,635
1,862
1,512
1,727
1,905
1,904
2,481
1,879
Total Equity
11.45
11.17
9.66
11.05
10.27
6.78
9.35
10.85
10.01
9.17
9.74
14.04
17.1
16.35
19.01
19.79
20.4
Return on Invested Capital (%)
14.25
14.5
12.79
13.62
12.94
5.14
11.31
11.34
11.68
7.37
7.3
16.27
18.21
14.33
19.41
19.38
19.77
Return on Capital (%)
26.02
27.94
25.46
26.06
23.52
7.22
21.99
23.9
41.26
22.41
31.19
122.83
105.87
63.08
78.66
67.16
85.23
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
625
471
707
LT Borrowings
2,072
2,077
2,007
LT Finance Leases
1,462
1,513
1,518
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,027
2,026
2,019
Market Capitalization
13,217
12,916
14,815

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1,624
1,162
1,354
Cash, Cash Equivalents & STI
1,250
752
953
Accounts Receivable, Net
152
217
209
Inventories
59
62
65
Total Current Liabilities
1,169
1,105
1,297
Payables & Accruals
- -
- -
- -
ST Debt
625
471
707
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.35%
7.21%
30.31%
Free Cash Flow
352.28%
15.07%
11.76%
Net Income, GAAP
61.39%
87.53%
23.34%
Sales/Revenue/Turnover
11.6%
16.47%
17.83%
Total Cash Common Dividend
31.78%
27.29%
22.44%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
654
727
762
763
2,906
2025
789
817
950
- -
3,424
2026
986
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.1
0.1
- -
0.42
2025
0.12
0.12
- -
- -
0.52
2026
0.15
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.2
0.01
0.01
- -
0.22
2025
0.25
0.02
- -
- -
0.28
2026
0.32
- -
- -
- -
- -
Business
International Container Terminal Services, Inc. (ICTSI) develops, acquires, manages and operates container terminals and ports worldwide, serving the global container shipping industry as the largest independent terminal operator across six continents. Established in December 1987 and headquartered in Manila, Philippines, the company handles containerized cargoes for import and export; provides ancillary services including storage, container packing and unpacking, inspection, weighing, and refrigerated container or reefer services; offers roll-on/roll-off and anchorage services for non-containerized or general cargoes; and manages break bulk cargoes, with 33 terminal operations in 19 countries across Asia, Europe, the Middle East, Africa and the Americas, including its flagship Manila International Container Terminal. ICTSI organizes its activities into three geographic segments—Asia, Europe/Middle East/Africa, and Americas—targeting origin and destination gateway terminals with annual throughputs from 50,000 to 3 million twenty-foot equivalent units (TEUs), employing over 11,000 people and emphasizing operational efficiency through digital technologies and 24-hour services. In recent developments, ICTSI reports strong nine-month 2025 financials with net income up 19% to US$751.56 million, revenues from port operations rising 16% to US$2.34 billion, EBITDA increasing 17% to US$1.54 billion, and throughput growing 11% to 10.69 million TEUs, driven by volume growth, tariff adjustments and ancillary service expansion across regions. The company invests approximately US$580 million in capital expenditures for 2025, funding expansions at Contecon Manzanillo S.A. in Mexico, ICTSI DR Congo S.A. in the Democratic Republic of Congo, Manila International Container Terminal and other Philippine sites, new projects in Batangas and Cagayan de Oro in the Philippines, ICTSI Rio in Brazil, Batu Ampar Container Terminal in Batam, Indonesia under a 30-year concession, and equipment upgrades including hybrid automated straddle carriers at Victoria International Container Terminal. Additionally, ICTSI Americas BV raised its stake in FII Inhaúma to 73% to support ICTSI Rio Brazil operations and future projects, while its Brazil unit CLIA Pouso Alegre opened a new logistics center with 30,000 square meters of bonded area and refrigerated storage to enhance connectivity between Rio de Janeiro and southern Minas Gerais.

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