ICG plc ranks in an above-average position in its peer group, with strong growth and profitability offset by weak stability. Trend conditions have deteriorated, without yet reaching an extreme downside state. The market is broadly confirming the structural profile.
Peer-relative scores, weakest to strongest
ICG plc is a global alternative asset manager focused on private debt, credit, and equity investments.
ICG is priced as an outperformer with durable growth. With a 52% operating margin, the business delivers profitability well above sector norms, but the market’s expectation of steady fee income and rising AUM means every quarter tests the growth narrative—so even minor fundraising dips trigger outsized price swings, as shown by 38.5% one-year volatility. ICG stands apart from other asset managers through its strong fundraising power and high-margin fee structure, which the market rewards with a premium for sustained growth. The market reacts swiftly to any sign of weakness: a single weak fundraising quarter leads to an abrupt compression of the outperformance premium.
Break down ICG.L's position across all dimensions with the full interactive tool.
This analysis is rule-based and descriptive. Peer-relative scores are derived from functional peer group comparisons using publicly available financial data. Scores reflect structural positioning only and do not constitute investment advice, a buy or sell recommendation, or a forecast of future performance. AssetNext peer scores are recalculated periodically as new data becomes available.
AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.
Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.
Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.
Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.