ICP (IC Power) Pre-Tax Income: $85.06 Mil (TTM As of Sep. 2016)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is IC Power Pre-Tax Income?

IC Power ICP Pre-Tax Income is $85.06 Mil as of Sep. 2016.

Pretax income is the income that a company earns before paying income taxes. IC Power's pretax income for the three months ended in Sep. 2016 was $24.06 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2016 was $85.06 Mil. IC Power's pretax margin was 4.79%.

IC Power  (NYSE:ICP) Pre-Tax Income Explanation

IC Power's Pretax Margin for the quarter that ended in Sep. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=24.056000000063/502.08000000132
=4.79%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

IC Power Pre-Tax Income Related Terms

IC Power Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for IC Power's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

IC Power Pre-Tax Income Chart

IC Power Annual Data
Trend Dec12 Dec13 Dec14
Pre-Tax Income
54.81 91.46 188.77

IC Power Quarterly Data
Mar14 Mar15 Jun15 Mar16 Jun16 Sep16
Pre-Tax Income Get a 7-Day Free Trial 35.29 24.69 33.22 3.10 24.06

ICP vs CETY, QPWR, PSPW: Pre-Tax Income Comparison

For the Utilities - Independent Power Producers subindustry, IC Power's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

IC Power Pre-Tax Income vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, IC Power's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where IC Power's Pre-Tax Income falls into.


IC Power Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

IC Power's Pretax Income for the fiscal year that ended in Dec. 2014 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=256.828++-124.487+3.997+52.427
=188.77

IC Power's Pretax Income for the quarter that ended in Sep. 2016 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=66.715000000175++-53.517000000141+1.7740000000047+9.0840000000243
=24.06

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $85.06 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $85.06 Mil mean?
IC Power (ICP) has a Pre-Tax Income of $85.06 Mil as of Sep. 2016. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on IC Power and its competitors.
Is IC Power's Pre-Tax Income too high?
IC Power's current Pre-Tax Income is $85.06 Mil.
How does IC Power's Pre-Tax Income compare to CETY and QPWR?
IC Power's Pre-Tax Income of $85.06 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for an Utilities - Independent Power Producers company?
A good Pre-Tax Income depends on the Utilities - Independent Power Producers industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on IC Power and its competitors. IC Power's current Pre-Tax Income is $85.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IC Power stock overvalued right now?
IC Power (ICP) has a current Pre-Tax Income of $85.06 Mil. The current Pre-Tax Income is $85.06 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For IC Power (ICP), the current Pre-Tax Income is $85.06 Mil as of Sep. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

IC Power Business Description

IC Power Pte Ltd is a holding company incorporated under the laws of Singapore in May 2015. The Company through its subsidiaries owns, develops and operates power facilities located in power generation markets in Latin America, the Caribbean and Israel, utilizing a range of fuels, including natural gas, hydroelectric, HFO, diesel and wind. The Company has installed capacity of approximately 2,642 MW. The Company operates in geographical areas including Peru; Israel; Central America including Nicaragua, Guatemala, El Salvador & Panama; and other including Bolivia, Chile, Jamaica, Colombia & Dominican Republic. The Company owns, operates and develops power plants to generate and sell electricity to distribution companies and unregulated consumers under long-term PPAs and to the spot market. The Company Peru segment includes Kallpa I, Kallpa II, Kallpa III, Kallpa IV and Las Flores turbines. The Israel segment includes OPC plant. The Central America segment includes Corinto, Tipitapa Power, Amayo I, and Amayo II in Nicaragua; Puerto Quetzal plant in Guatemala; Nejapa plant in El Salvador, and Kanan plant in Panama. The Other segment includes Zongo Valley plants including Zongo, Tiquimani, Botijlaca, Cutichucho, Santa Rosa, Sainani, Chururaqui, Harca, Cahua, & Huaji; and Miguillas Valley plants including Miguillas, Angostura, Choquetanga, Carabuco, and El Alto-Kenko all in Bolivia; Central Cardones plant in Chile; Colmito plant in Colmito; CEPP I & CEPP II in Dominican Republic; JPPC plant in Jamaica; La Hocha, Purificación, and Entrerios plants in Colombia; Pedregal in Panama. The Company offers services to governments, local distribution companies, and/or non-regulated consumers, depending upon the operating company and the particular country of operation. Its customers include Edelnor S.A.A., Luz del Sur S.A.A., Hidrandina S.A., Edecañete S.A., Electro Sur Este S.A.A., Sociedad Eléctrica del Sur Oeste, S.A., Distribuidora de Electricidad del Norte S.A., Distribuidora de Electricidad del Sur S.A., Southern Perú Copper Corporation, Empresa de Distribución Eléctrica Chiriqui, S.A., Peruvian Investment Promotion Agency, Empresa de Distribución Eléctrica Metro Oeste S.A., and others. The Company's competitors include IEC, Dorad Energy Ltd., and other IPPs. The Company's business is subject to significant and diverse government regulation.