BROOKFIELD INFRASTRUCTURE PA (BIP) Stock Fundamental Analysis
NYSE:BIP - BMG162521014
30.57 USD
-0.2 (-0.65%)
31.5 USD
+0.93 (+3.04%)
Taking everything into account, BIP scores 5 out of 10 in our fundamental rating. BIP was compared to 25 industry peers in the Multi-Utilities industry. While BIP is still in line with the averages on profitability rating, there are concerns on its financial health. BIP is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! BIP also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year BIP was profitable.
In the past year BIP had a positive cash flow from operations.
BIP had positive earnings in each of the past 5 years.
Each year in the past 5 years BIP had a positive operating cash flow.
1.2 Ratios
BIP has a worse Return On Assets (0.02%) than 88.00% of its industry peers.
BIP has a worse Return On Equity (0.38%) than 88.00% of its industry peers.
BIP's Return On Invested Capital of 4.37% is amongst the best of the industry. BIP outperforms 84.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BIP is in line with the industry average of 3.82%.
The 3 year average ROIC (3.99%) for BIP is below the current ROIC(4.37%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.02% | ||
| ROE | 0.38% | ||
| ROIC | 4.37% |
ROA(3y)0.07%
ROA(5y)0.25%
ROE(3y)0.79%
ROE(5y)2.36%
ROIC(3y)3.99%
ROIC(5y)3.66%
1.3 Margins
BIP has a Profit Margin of 0.10%. This is amonst the worse of the industry: BIP underperforms 88.00% of its industry peers.
In the last couple of years the Profit Margin of BIP has declined.
With an excellent Operating Margin value of 24.46%, BIP belongs to the best of the industry, outperforming 84.00% of the companies in the same industry.
BIP's Operating Margin has declined in the last couple of years.
BIP has a Gross Margin (43.72%) which is comparable to the rest of the industry.
BIP's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.46% | ||
| PM (TTM) | 0.1% | ||
| GM | 43.72% |
OM growth 3Y-1.95%
OM growth 5Y-1.88%
PM growth 3Y-75.22%
PM growth 5Y-29.22%
GM growth 3Y14.5%
GM growth 5Y-2.48%
2. Health
2.1 Basic Checks
BIP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for BIP remains at a similar level compared to 1 year ago.
BIP has more shares outstanding than it did 5 years ago.
BIP has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.40, we must say that BIP is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.40, BIP is doing worse than 92.00% of the companies in the same industry.
The Debt to FCF ratio of BIP is 120.02, which is on the high side as it means it would take BIP, 120.02 years of fcf income to pay off all of its debts.
BIP has a better Debt to FCF ratio (120.02) than 100.00% of its industry peers.
A Debt/Equity ratio of 9.40 is on the high side and indicates that BIP has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 9.40, BIP is doing worse than 96.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 9.4 | ||
| Debt/FCF | 120.02 | ||
| Altman-Z | 0.4 |
ROIC/WACC0.74
WACC5.93%
2.3 Liquidity
A Current Ratio of 0.88 indicates that BIP may have some problems paying its short term obligations.
The Current ratio of BIP (0.88) is comparable to the rest of the industry.
A Quick Ratio of 0.85 indicates that BIP may have some problems paying its short term obligations.
BIP's Quick ratio of 0.85 is amongst the best of the industry. BIP outperforms 84.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 135.71% over the past year.
BIP shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.04% yearly.
The Revenue has grown by 8.86% in the past year. This is quite good.
The Revenue has been growing by 26.11% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)135.71%
EPS 3Y-67.45%
EPS 5Y-3.04%
EPS Q2Q%70%
Revenue 1Y (TTM)8.86%
Revenue growth 3Y22.17%
Revenue growth 5Y26.11%
Sales Q2Q%5.66%
3.2 Future
The Earnings Per Share is expected to grow by 121.31% on average over the next years. This is a very strong growth
BIP is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.15% yearly.
EPS Next Y2278.55%
EPS Next 2Y449.84%
EPS Next 3Y231.63%
EPS Next 5Y121.31%
Revenue Next Year-35.95%
Revenue Next 2Y-29.77%
Revenue Next 3Y-19.11%
Revenue Next 5Y9.15%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 611.40, BIP can be considered very expensive at the moment.
Based on the Price/Earnings ratio, BIP is valued more expensive than 96.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of BIP to the average of the S&P500 Index (27.07), we can say BIP is valued expensively.
BIP is valuated quite expensively with a Price/Forward Earnings ratio of 25.28.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BIP indicates a rather expensive valuation: BIP more expensive than 92.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.59, BIP is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 611.4 | ||
| Fwd PE | 25.28 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BIP is valued cheaper than 84.00% of the companies in the same industry.
BIP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. BIP is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.4 | ||
| EV/EBITDA | 8.33 |
4.3 Compensation for Growth
BIP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as BIP's earnings are expected to grow with 231.63% in the coming years.
PEG (NY)0.27
PEG (5Y)N/A
EPS Next 2Y449.84%
EPS Next 3Y231.63%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.65%, BIP is a good candidate for dividend investing.
BIP's Dividend Yield is rather good when compared to the industry average which is at 4.16. BIP pays more dividend than 84.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.46, BIP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.65% |
5.2 History
On average, the dividend of BIP grows each year by 7.54%, which is quite nice.
BIP has paid a dividend for at least 10 years, which is a reliable track record.
BIP has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.54%
Div Incr Years16
Div Non Decr Years16
5.3 Sustainability
6595.24% of the earnings are spent on dividend by BIP. This is not a sustainable payout ratio.
BIP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP6595.24%
EPS Next 2Y449.84%
EPS Next 3Y231.63%
30.57
-0.2 (-0.65%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners60.57%
Inst Owner Change-1.76%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap19.91B
Analysts80
Price Target40.71 (33.17%)
Short Float %0.1%
Short Ratio0.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.65% |
Yearly Dividend2.92
Dividend Growth(5Y)7.54%
DP6595.24%
Div Incr Years16
Div Non Decr Years16
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-93.71%
Min EPS beat(2)-109.11%
Max EPS beat(2)-78.3%
EPS beat(4)1
Avg EPS beat(4)-94.25%
Min EPS beat(4)-231.04%
Max EPS beat(4)41.44%
EPS beat(8)1
Avg EPS beat(8)-100.48%
EPS beat(12)2
Avg EPS beat(12)-90.74%
EPS beat(16)4
Avg EPS beat(16)-46.46%
Revenue beat(2)2
Avg Revenue beat(2)170.92%
Min Revenue beat(2)166.4%
Max Revenue beat(2)175.44%
Revenue beat(4)4
Avg Revenue beat(4)173.06%
Min Revenue beat(4)166.4%
Max Revenue beat(4)175.93%
Revenue beat(8)8
Avg Revenue beat(8)158.3%
Revenue beat(12)12
Avg Revenue beat(12)130.08%
Revenue beat(16)16
Avg Revenue beat(16)119.3%
PT rev (1m)-0.68%
PT rev (3m)-0.23%
EPS NQ rev (1m)0%
EPS NQ rev (3m)76.4%
EPS NY rev (1m)-12.24%
EPS NY rev (3m)-12.24%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.81%
Revenue NY rev (1m)26.02%
Revenue NY rev (3m)26.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 611.4 | ||
| Fwd PE | 25.28 | ||
| P/S | 0.92 | ||
| P/FCF | 41.4 | ||
| P/OCF | 4.16 | ||
| P/B | 3.57 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.33 |
EPS(TTM)0.05
EY0.16%
EPS(NY)1.21
Fwd EY3.96%
FCF(TTM)0.74
FCFY2.42%
OCF(TTM)7.34
OCFY24.02%
SpS33.06
BVpS8.57
TBVpS-39.1
PEG (NY)0.27
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.02% | ||
| ROE | 0.38% | ||
| ROCE | 5.55% | ||
| ROIC | 4.37% | ||
| ROICexc | 4.49% | ||
| ROICexgc | 6.77% | ||
| OM | 24.46% | ||
| PM (TTM) | 0.1% | ||
| GM | 43.72% | ||
| FCFM | 2.23% |
ROA(3y)0.07%
ROA(5y)0.25%
ROE(3y)0.79%
ROE(5y)2.36%
ROIC(3y)3.99%
ROIC(5y)3.66%
ROICexc(3y)4.11%
ROICexc(5y)3.76%
ROICexgc(3y)6.13%
ROICexgc(5y)5.68%
ROCE(3y)5.08%
ROCE(5y)4.66%
ROICexcg growth 3Y3.68%
ROICexcg growth 5Y6.06%
ROICexc growth 3Y6.32%
ROICexc growth 5Y9.67%
OM growth 3Y-1.95%
OM growth 5Y-1.88%
PM growth 3Y-75.22%
PM growth 5Y-29.22%
GM growth 3Y14.5%
GM growth 5Y-2.48%
F-Score9
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 9.4 | ||
| Debt/FCF | 120.02 | ||
| Debt/EBITDA | 5.83 | ||
| Cap/Depr | 115.46% | ||
| Cap/Sales | 19.98% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 53.19% | ||
| Profit Quality | 2290.48% | ||
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.85 | ||
| Altman-Z | 0.4 |
F-Score9
WACC5.93%
ROIC/WACC0.74
Cap/Depr(3y)118.64%
Cap/Depr(5y)108.76%
Cap/Sales(3y)18.92%
Cap/Sales(5y)18.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)135.71%
EPS 3Y-67.45%
EPS 5Y-3.04%
EPS Q2Q%70%
EPS Next Y2278.55%
EPS Next 2Y449.84%
EPS Next 3Y231.63%
EPS Next 5Y121.31%
Revenue 1Y (TTM)8.86%
Revenue growth 3Y22.17%
Revenue growth 5Y26.11%
Sales Q2Q%5.66%
Revenue Next Year-35.95%
Revenue Next 2Y-29.77%
Revenue Next 3Y-19.11%
Revenue Next 5Y9.15%
EBIT growth 1Y13.44%
EBIT growth 3Y19.79%
EBIT growth 5Y23.74%
EBIT Next Year11.44%
EBIT Next 3Y9.79%
EBIT Next 5Y5.76%
FCF growth 1Y-23.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y52.55%
OCF growth 3Y18.84%
OCF growth 5Y16.92%