ICTS International N V
Through the investors’ lenses
Each of these investors has said in public what they look at before buying. Click a name to see how this company measures up — a tick where it passes one of their tests, a cross where it does not.
Warren Buffett 0/2
| Measure | ICTSF | Checked against | |
|---|---|---|---|
| Owner earnings | $-3.81m | positive | ✗ |
| Return on equity | — | median 11.7% | — |
| Debt to equity | — | median 0.79x | — |
| Operating margin | -1.2% | median 15.0% | ✗ |
Passes 0 of 2. To be clear: Warren Buffett has never said anything about ICTS International N V. These are the company’s own figures put through the tests he described. What he looks at, and why →
Terry Smith 0/1
| Measure | ICTSF | Checked against | |
|---|---|---|---|
| Return on capital employed | — | median 10.1% | — |
| Cash conversion | — | median 1.78x | — |
| Operating margin | -1.2% | median 15.0% | ✗ |
| Debt to equity | — | median 0.79x | — |
Passes 0 of 1. To be clear: Terry Smith has never said anything about ICTS International N V. These are the company’s own figures put through the tests he described. What he looks at, and why →
Charlie Munger 0/1
| Measure | ICTSF | Checked against | |
|---|---|---|---|
| Return on capital employed | — | median 10.1% | — |
| Return on equity | — | median 11.7% | — |
| Operating margin | -1.2% | median 15.0% | ✗ |
Passes 0 of 1. To be clear: Charlie Munger has never said anything about ICTS International N V. These are the company’s own figures put through the tests he described. What he looks at, and why →
Philip Fisher 0/3
| Measure | ICTSF | Checked against | |
|---|---|---|---|
| Operating margin | -1.2% | median 15.0% | ✗ |
| Net margin | -0.9% | median 10.2% | ✗ |
| Return on capital employed | — | median 10.1% | — |
| Operating margin, held or improving | -3.3% | 10-yr median 1.4% | ✗ |
Passes 0 of 3. To be clear: Philip Fisher has never said anything about ICTS International N V. These are the company’s own figures put through the tests he described. What he looks at, and why →
Walter Schloss 1/1
| Measure | ICTSF | Checked against | |
|---|---|---|---|
| Current ratio | 2.04x | median 1.25x | ✓ |
| Debt to equity | — | median 0.79x | — |
Passes 1 of 1. To be clear: Walter Schloss has never said anything about ICTS International N V. These are the company’s own figures put through the tests he described. What he looks at, and why →
Benjamin Graham 1/2
| Measure | ICTSF | Checked against | |
|---|---|---|---|
| Current ratio | 2.04x | 2.00x published | ✓ |
| Long-term debt to working capital | — | 1.00x published | — |
| Positive earnings, ten years running | 0 yrs | 10 published | ✗ |
Passes 1 of 2. To be clear: Benjamin Graham has never said anything about ICTS International N V. These are the company’s own figures put through the tests he described. What he looks at, and why →
Peter Lynch 0/1
| Measure | ICTSF | Checked against | |
|---|---|---|---|
| Debt to equity | — | median 0.79x | — |
| Net margin | -0.9% | median 10.2% | ✗ |
Passes 0 of 1. To be clear: Peter Lynch has never said anything about ICTS International N V. These are the company’s own figures put through the tests he described. What he looks at, and why →
Last usable year: 2024-12-31 — 20 months ago. Nothing filed since gives the figures a payout ratio needs. For a company that once paid, that usually means it stopped.
| Basis | Payout | Why |
|---|---|---|
| GAAP earnings | negative | whyLost $0.110 per share — no earnings to pay from. |
| Operating cash flow | negative | whyOperations consumed $9.47m of cash. |
| Free cash flow | negative | whyOCF fell $11.4m short of capex — the dividend was not funded from free cash flow. |
Nothing is marked as applying, deliberately — no basis produces a ratio. Earnings, operating cash flow and free cash flow are all negative, so there is no denominator to divide the dividend by. That is not a gap in the data; it is the answer. The dividend was funded from something other than the money the business made this year — borrowing, cash on hand, or asset sales — and the filing will say which.
The arithmetic
- GAAP earnings — dividends declared per share $0.0868 ÷ diluted EPS $-0.110
- Operating cash flow — dividends paid $3.25m ÷ operating cash flow $-9.47m
- Free cash flow — dividends paid $3.25m ÷ (operating cash flow $-9.47m − capex $1.95m)
Where the figures came from
- 20-F filed 2026-04-30 · accession 0001178913-26-002313
All public at sec.gov — you should not have to take our word for it.
Caveats on this company
- DPS derived from dividends paid ($0.09); no per-share tag filed
Computed straight from SEC XBRL. A number that looks wrong to you is more useful to us than agreement — tell us.
Also on: when it files.
When this changes
Every figure above is recomputed whenever ICTS International N V files. The monthly letter carries what filed, what moved, and one finding computed across every company here.