International Container Terminal Services

International Container Terminal Services, Inc. (ICTSI) is a global port operator controlled by businessman Enrique Razon. From its flagship Manila International Container Terminal, it has grown into one of the world's leading independent terminal operators, running container ports across Asia, the Americas, Europe, Africa and Oceania. Its earnings are largely dollar-denominated and tied to global trade flows, which makes ICT one of the most internationally exposed names on the Philippine exchange.

What moves the stock

The core driver is container throughput — the number of boxes handled across its terminals — which rises and falls with world trade, regional economic growth and shipping volumes. Tariffs charged per container, the mix of higher-yield cargo, and operating efficiency shape margins. Because most revenue is earned in foreign currencies, a weaker peso flatters reported earnings, while global recessions, trade disruptions or new terminal concessions can swing the outlook. Investors also watch capital spending on new and expanding ports, the debt taken on to fund it, and how quickly new concessions ramp up to profitability.

International Container Terminal Services (ICT) currently trades at a price-to-earnings ratio of —, with a dividend yield of n/a. Quality scores update after each fiscal quarter is reported.

Analysis is automatically refreshed using the latest filings and prices. Not a recommendation to buy or sell.