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 Ratings4.4More

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)8,563(-4%)
Revenue (FY, 2020)$1.5 B(+2%)
Share Price (Sept 2021)$2.1
Cybersecurity ratingCMore

Key People/Management at ICTSI

Enrique K. Razon

Enrique K. Razon

Chairman and President, Executive Director
Carlos C. Ejercito

Carlos C. Ejercito

Independent Director
Rafael D. Consing

Rafael D. Consing

Senior Vice President, Chief Financial Officer
Diosdado M. Peralta

Diosdado M. Peralta

Chief Justice (Ret.) and Independent Director
Humberto Godfried Wieske

Humberto Godfried Wieske

Senior Vice President, Head of Global Commercial
Hans-Ole Madsen

Hans-Ole Madsen

Senior Vice President, Regional Head - Europe, Middle East and Africa
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ICTSI Office Locations

ICTSI has offices in Manila, Panama City and Dubai
Manila, PH (HQ)
Manila International Container Terminal, MICT S Access Rd, Tondo
Panama City, PA
34th & 35th Floors Financial Park Tower
Show all (3)

ICTSI Financials and Metrics

ICTSI Revenue

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ICTSI's revenue was reported to be $1.51 b in FY, 2020 which is a 1.6% increase from the previous period.
USD

Revenue (Q2, 2021)

447.0m

Gross profit (Q2, 2021)

297.8m

Gross profit margin (Q2, 2021), %

66.6%

Net income (Q2, 2021)

118.2m

Market capitalization (3-Sept-2021)

6.6b

Closing stock price (3-Sept-2021)

2.1

Cash (30-Jun-2021)

579.4m

EV

9.1b
ICTSI's current market capitalization is $6.6 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

1.4b1.5b1.5b

Revenue growth, %

11%7%2%

Cost of goods sold

619.2m526.6m516.7m

Gross profit

766.6m954.9m988.8m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

383.8m368.0m355.6m375.8m348.5m379.3m435.6m447.0m

Cost of goods sold

133.5m133.6m127.6m134.1m119.9m125.7m140.8m149.2m

Gross profit

250.3m234.4m227.9m241.6m228.6m253.6m294.8m297.8m

Gross profit Margin, %

65%64%64%64%66%67%68%67%
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Annual
USDFY, 2018FY, 2019FY, 2020

Cash

447.1m234.8m734.8m

Accounts Receivable

113.7m107.2m108.9m

Prepaid Expenses

71.5m72.1m66.8m

Inventories

34.0m37.1m38.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

295.0m295.6m308.9m450.2m296.8m567.6m806.3m579.4m

Accounts Receivable

112.2m101.6m97.4m104.1m98.2m107.5m110.6m115.4m

Prepaid Expenses

79.7m91.5m102.4m72.9m69.2m69.1m60.8m53.1m

Inventories

34.2m35.1m35.4m36.5m37.7m37.1m39.0m41.3m
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

195.7m235.0m230.1m

Inventories

(230.6k)(1.6m)(1.5m)

Accounts Payable

16.1m4.2m16.4m

Cash From Operating Activities

642.4m758.8m803.7m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Depreciation and Amortization

57.4m115.2m173.0m55.7m111.0m169.5m58.8m119.3m

Inventories

(203.0k)(1.4m)(2.2m)(1.6m)(2.3m)(1.8m)(1.1m)(2.7m)

Accounts Payable

(3.2m)(4.8m)(4.4m)(10.3m)(364.0k)7.1m(4.0m)2.9m

Cash From Operating Activities

199.9m373.7m552.7m184.4m372.4m568.8m236.2m477.1m
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USDFY, 2018

Revenue/Employee

178.8k

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2.1 x
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ICTSI Operating Metrics

FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021

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 m5.3 m1.19 m1.29 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 m10.19 m2.71 m2.75 m

Countries

191918192020

Terminals

323231323333
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ICTSI Acquisitions / Subsidiaries

Company NameDateDeal Size
ICTSI RioDecember 31, 2019
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
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ICTSI Revenue Breakdown

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ICTSI revenue breakdown by geographic segment: 49.9% from Asia, 20.3% from EMEA and 29.8% 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

C

77/100

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ICTSI Online and Social Media Presence

ICTSI's Trends

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ICTSI News and Updates

August 30, 2021

Profit taking, investor sentiment drives ICTSI stock

INTERNATIONAL Container Terminal Services, Inc.’s (ICTSI) stock price remained largely unchanged on a week-on-week basis but was among the most actively traded stocks during the period as both selling and buying pressures evened out.
August 18, 2021

ICTSI unit in Argentina to launch new feeder service

International Container Terminal Services Inc.’s (ICTSI) subsidiary in Argentina is teaming up with a port administrative entity to introduce a new feeder service to connect the Port of Santa Fe to Brazil and Asia.
August 18, 2021

TecPlata to link Port of Santa Fe to Brazil, Asia

TecPlata, International Container Terminal Services, Inc.’s (ICTSI) Argentine subsidiary operating at the Port of La Plata, is collaborating with the Sta. Fe Port Administrative Entity for a new feeder service to connect the Port of Santa Fe to Brazil and Asia via TecPlata.
August 11, 2021

ICTSI donates Covid-19 vaccines to Philippines local governments

The ICTSI Foundation, in partnership with Bloomberry Resorts Corp (BRC), has donated 68,300 doses of the AstraZeneca Covid-19 vaccine to 12 Philippine local government units (LGU) across Luzon, the Visayas, and Mindanao.
August 11, 2021

ICTSI, Bloomberry continue pandemic aid with vaccine donations to PH LGUs

The ICTSI Foundation, as part of the ICTSI Group’s continuing support to the nationwide vaccination program and in partnership with Bloomberry Resorts Corp. (BRC), has donated 68,300 doses of the AstraZeneca COVID-19 vaccine from their inventory to 12 Philippine local government units (LGU) across L…
August 09, 2021

ICTSI Iraq hits 3 million TEU milestone

Basra Gateway Terminal (BGT), International Container Terminal Services, Inc.’s (ICTSI) subsidiary operating at the Port of Umm Qasr in Iraq, recently handled its three millionth TEU.
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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, Carlos C. Ejercito and Rafael D. Consing.

  • 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 $175.8 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 Manila International Container Terminal, MICT S Access Rd, Tondo, Manila.

  • Where are ICTSI offices?

    ICTSI has offices in Manila, Panama City and Dubai.

  • How many offices does ICTSI have?

    ICTSI has 3 offices.