ICTSI

OverviewSuggest Edit

ICTSI (International Container Terminal Services) is a company that specializes in the development and operation of container ports and terminals. It creates container terminals at cargo transition points for both inbound and outbound cargo flows.
TypePublic
Founded1987
HQManila, PHMap
Websiteictsi.com
Employee Ratings4.3More

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Latest Updates

Employees (est.) (Dec 2020)8,563(-4%)
Revenue (FY, 2019)$1.5 B(+7%)
Share Price (May 2021)$2.1
Cybersecurity ratingDMore

Key People/Management at ICTSI

Enrique K. Razon

Enrique K. Razon

Chairman and President, Executive Director
Rafael D. Consing

Rafael D. Consing

SVP, Chief Financial Officer
Humberto Godfried Wieske

Humberto Godfried Wieske

SVP, Head of Global Commercial
Hans-Ole Madsen

Hans-Ole Madsen

SVP, Regional Head - Europe, Middle East and Africa
Anders Kjeldsen

Anders Kjeldsen

SVP, Regional Head - Latin America
Caroline C. Causon

Caroline C. Causon

VP, Head of Financial Planning and Budgeting
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ICTSI Office Locations

ICTSI has offices in Manila, Panamá and Dubai
Manila, PH (HQ)
ICTSI Administration Building, Manila International Container Terminal (MICT), South Access Road, Port of Manila
Panamá, PA
35th floor, Financial Park Tower, Boulevard Costa del Este, Costa del Este
Dubai, AE
JBC 1, Suite 1107, Jumeirah Lake Towers, Cluster G, P.O Box 29335
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ICTSI Financials and Metrics

ICTSI Revenue

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ICTSI's revenue was reported to be $1.48 b in FY, 2019 which is a 6.9% increase from the previous period.
USD

Revenue (Q3, 2020)

379.3m

Gross profit (Q3, 2020)

253.6m

Gross profit margin (Q3, 2020), %

66.9%

Net income (Q3, 2020)

79.1m

Market capitalization (3-May-2021)

5.5b

Closing stock price (3-May-2021)

2.1

Cash (30-Sept-2020)

567.6m

EV

7.8b
ICTSI's current market capitalization is $5.5 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

1.2b1.4b1.5b

Revenue growth, %

11%7%

Cost of goods sold

555.3m619.2m526.6m

Gross profit

689.1m766.6m954.9m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

325.4m336.4m344.0m383.8m368.0m355.6m375.8m348.5m379.3m

Cost of goods sold

150.7m152.7m152.4m133.5m133.6m127.6m134.1m119.9m125.7m

Gross profit

174.7m183.6m191.5m250.3m234.4m227.9m241.6m228.6m253.6m

Gross profit Margin, %

54%55%56%65%64%64%64%66%67%
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Annual
USDFY, 2017FY, 2018FY, 2019

Cash

279.4m447.1m234.8m

Accounts Receivable

112.9m113.7m107.2m

Prepaid Expenses

72.7m71.5m72.1m

Inventories

35.7m34.0m37.1m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

649.4m401.5m411.8m295.0m295.6m308.9m450.2m296.8m567.6m

Accounts Receivable

106.0m99.5m107.3m112.2m101.6m97.4m104.1m98.2m107.5m

Prepaid Expenses

62.9m71.4m70.2m79.7m91.5m102.4m72.9m69.2m69.1m

Inventories

36.1m35.0m34.3m34.2m35.1m35.4m36.5m37.7m37.1m
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Annual
USDFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

173.5m195.7m235.0m

Inventories

(3.5m)(230.6k)(1.6m)

Accounts Payable

66.3m16.1m4.2m

Cash From Operating Activities

564.0m642.4m758.8m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Depreciation and Amortization

47.3m95.2m144.0m57.4m115.2m173.0m55.7m111.0m169.5m

Inventories

(487.0k)(664.0k)(402.0k)(203.0k)(1.4m)(2.2m)(1.6m)(2.3m)(1.8m)

Accounts Payable

6.2m(5.4m)362.0k(3.2m)(4.8m)(4.4m)(10.3m)(364.0k)7.1m

Cash From Operating Activities

153.9m298.9m461.0m199.9m373.7m552.7m184.4m372.4m568.8m
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USDFY, 2017

Revenue/Employee

163.1k

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.3 x
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ICTSI Operating Metrics

FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Container Throughput (Asia Pacific), TEU

4.82 m1.24 m1.25 m1.34 m5.24 m1.3 m1.35 m1.35 m5.4 m1.26 m1.15 m1.41 m

Container Throughput, TEU

9.15 m2.33 m2.39 m2.44 m9.74 m2.48 m2.56 m2.55 m10.18 m2.51 m2.29 m2.63 m

Countries

191918

Terminals

323231
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ICTSI Acquisitions / Subsidiaries

Company NameDateDeal Size
Libra Terminal Rio S.A.July 19, 2019
Manila North Harbour Port, Inc.September 01, 2017
Terminal Maritima de TuxpanMay 29, 2015$55.4 m
Inmobiliaria TMM, S.A. de C.V. TMTMay 28, 2015
Yantai International Container Terminals, LimitedJuly 01, 2014
Hijo International Port Services, Inc.November 15, 2012
OJAJuly 30, 2012
Pakistan International Container TerminalApril 30, 2012
DIPSSCORDecember 29, 2006
Abbotsford Holdings, Inc
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ICTSI Revenue Breakdown

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ICTSI revenue breakdown by geographic segment: 50.5% from Asia, 20.9% from EMEA and 28.5% from Americas

Human Capital Metrics

Source: cdnweb.ictsi.com, cdnweb.ictsi.com, cdnweb.ictsi.com
ICTSI's employees are reported to be approximately 9% female and 91% male.
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ICTSI Cybersecurity Score

Cybersecurity ratingPremium dataset

D

68/100

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ICTSI Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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ICTSI Online and Social Media Presence

ICTSI's Trends

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ICTSI News and Updates

April 23, 2021

ICTSI Ecuador unveils special economic zone at the Port of Guayaquil

Contecon Guayaquil S.A. (CGSA), International Container Terminal Services, Inc.’s subsidiary in Ecuador, welcomes the creation of a special economic zone at the country’s main seaport as an immense opportunity to boost the country’s foreign trade.
April 07, 2021

Port of Melbourne welcomes longest vessel to dock in Melbourne

The Port of Melbourne (PoM) and Victoria International Container Terminal (VICT) welcome the container vessel Soroe Maersk, the longest vessel to call at the port.
March 18, 2021

ICTSI deploys AI-powered yard management system at Manila container terminal

Philippines-based port operator International Container Terminal Services (ICTSI has deployed an AI-driven operational optimisation tool at its flagship Manila International Container Terminal (MICT).
March 16, 2021

New service links TecPlata to Paraguay, Brazil

TecPlata, International Container Terminal Services, Inc.’s Argentinian subsidiary, recently welcomed a new service that links the ports in Paraguay to the Port of La Plata, and from there, to the main ports in Brazil.
March 05, 2021

ICTSI 2020 global volumes bolstered by new Rio de Janeiro terminal

Terminal operator ICTSI handled a volume of 10.19m teu globally in 2020 a marginal 0.2% increase on the previous year.
March 04, 2021

ICTSI unit to develop multipurpose terminal in Nigerian Port

Razon-led International Container Terminal Services Inc. (ICTSI) has inked a lease agreement to develop a multipurpose terminal in Nigeria's Port of Onne.
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 ICTSI Frequently Asked Questions

  • When was ICTSI founded?

    ICTSI was founded in 1987.

  • Who are ICTSI key executives?

    ICTSI's key executives are Enrique K. Razon, Rafael D. Consing and Humberto Godfried Wieske.

  • How many employees does ICTSI have?

    ICTSI has 8,563 employees.

  • What is ICTSI revenue?

    Latest ICTSI annual revenue is $1.5 b.

  • What is ICTSI revenue per employee?

    Latest ICTSI revenue per employee is $173 k.

  • Who are ICTSI competitors?

    Competitors of ICTSI include Shanghai International Port Group, APM Terminals and SAAM.

  • Where is ICTSI headquarters?

    ICTSI headquarters is located at ICTSI Administration Building, Manila International Container Terminal (MICT), South Access Road, Port of Manila, Manila.

  • Where are ICTSI offices?

    ICTSI has offices in Manila, Panamá and Dubai.

  • How many offices does ICTSI have?

    ICTSI has 3 offices.