BROOKFIELD INFRASTRUCTURE-A (BIPC) Stock Fundamental Analysis
USA - NYSE:BIPC - CA11276H1064 - Common Stock
45.33 USD
-1.1 (-2.37%)
45.33 USD
0 (0%)
Taking everything into account, BIPC scores 3 out of 10 in our fundamental rating. BIPC was compared to 14 industry peers in the Gas Utilities industry. While BIPC is still in line with the averages on profitability rating, there are concerns on its financial health. BIPC is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year BIPC has reported negative net income.
BIPC had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: BIPC reported negative net income in multiple years.
Each year in the past 5 years BIPC had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -5.08%, BIPC is not doing good in the industry: 92.86% of the companies in the same industry are doing better.
BIPC has a better Return On Invested Capital (10.49%) than 92.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BIPC is significantly above the industry average of 6.32%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.08% | ||
| ROE | N/A | ||
| ROIC | 10.49% |
ROA(3y)2.88%
ROA(5y)-0.18%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)12.2%
ROIC(5y)13.75%
1.3 Margins
BIPC has a Operating Margin of 60.37%. This is amongst the best in the industry. BIPC outperforms 100.00% of its industry peers.
In the last couple of years the Operating Margin of BIPC has remained more or less at the same level.
BIPC's Gross Margin of 82.72% is amongst the best of the industry. BIPC outperforms 85.71% of its industry peers.
In the last couple of years the Gross Margin of BIPC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 60.37% | ||
| PM (TTM) | N/A | ||
| GM | 82.72% |
OM growth 3Y-2.44%
OM growth 5Y-1.18%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.48%
GM growth 5Y-0.33%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BIPC is still creating some value.
The number of shares outstanding for BIPC remains at a similar level compared to 1 year ago.
The number of shares outstanding for BIPC has been increased compared to 5 years ago.
Compared to 1 year ago, BIPC has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.44, we must say that BIPC is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.44, BIPC is doing worse than 78.57% of the companies in the same industry.
BIPC has a debt to FCF ratio of 26.29. This is a negative value and a sign of low solvency as BIPC would need 26.29 years to pay back of all of its debts.
The Debt to FCF ratio of BIPC (26.29) is better than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 26.29 | ||
| Altman-Z | 0.44 |
ROIC/WACC1.43
WACC7.36%
2.3 Liquidity
BIPC has a Current Ratio of 0.50. This is a bad value and indicates that BIPC is not financially healthy enough and could expect problems in meeting its short term obligations.
BIPC has a worse Current ratio (0.50) than 71.43% of its industry peers.
A Quick Ratio of 0.50 indicates that BIPC may have some problems paying its short term obligations.
BIPC has a Quick ratio of 0.50. This is comparable to the rest of the industry: BIPC outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.5 | ||
| Quick Ratio | 0.5 |
3. Growth
3.1 Past
BIPC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -205.26%.
BIPC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.38%.
The Revenue has been growing by 17.76% on average over the past years. This is quite good.
EPS 1Y (TTM)-205.26%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-197.09%
Revenue 1Y (TTM)11.38%
Revenue growth 3Y30.67%
Revenue growth 5Y17.76%
Sales Q2Q%-4.63%
3.2 Future
Based on estimates for the next years, BIPC will show a very negative growth in Earnings Per Share. The EPS will decrease by -37.08% on average per year.
The Revenue is expected to grow by 3.71% on average over the next years.
EPS Next Y-75.89%
EPS Next 2Y-73.72%
EPS Next 3Y-37.08%
EPS Next 5YN/A
Revenue Next Year0.05%
Revenue Next 2Y2.88%
Revenue Next 3Y3.71%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
BIPC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year BIPC is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
BIPC's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BIPC is cheaper than 92.86% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BIPC is valued cheaper than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.88 | ||
| EV/EBITDA | 6.09 |
4.3 Compensation for Growth
BIPC's earnings are expected to decrease with -37.08% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-73.72%
EPS Next 3Y-37.08%
5. Dividend
5.1 Amount
BIPC has a Yearly Dividend Yield of 3.76%. Purely for dividend investing, there may be better candidates out there.
BIPC's Dividend Yield is comparable with the industry average which is at 3.85.
BIPC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.76% |
5.2 History
BIPC has been paying a dividend for over 5 years, so it has already some track record.
The dividend of BIPC decreased in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
DPN/A
EPS Next 2Y-73.72%
EPS Next 3Y-37.08%
45.33
-1.1 (-2.37%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners74.08%
Inst Owner Change-0.01%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap5.99B
Revenue(TTM)3.65B
Net Income(TTM)-1.22B
Analysts43.33
Price Target46.92 (3.51%)
Short Float %6.28%
Short Ratio11.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.76% |
Yearly Dividend1.44
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)2.22%
EPS NQ rev (1m)-217.02%
EPS NQ rev (3m)-217.02%
EPS NY rev (1m)-157.02%
EPS NY rev (3m)-157.27%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-37.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 1.64 | ||
| P/FCF | 11.88 | ||
| P/OCF | 3.57 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.09 |
EPS(TTM)-9.63
EYN/A
EPS(NY)-6.9
Fwd EYN/A
FCF(TTM)3.82
FCFY8.42%
OCF(TTM)12.68
OCFY27.98%
SpS27.65
BVpS-9.37
TBVpS-45.87
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.08% | ||
| ROE | N/A | ||
| ROCE | 13.28% | ||
| ROIC | 10.49% | ||
| ROICexc | 11.37% | ||
| ROICexgc | 16.58% | ||
| OM | 60.37% | ||
| PM (TTM) | N/A | ||
| GM | 82.72% | ||
| FCFM | 13.8% |
ROA(3y)2.88%
ROA(5y)-0.18%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)12.2%
ROIC(5y)13.75%
ROICexc(3y)13.05%
ROICexc(5y)14.91%
ROICexgc(3y)29.2%
ROICexgc(5y)91.39%
ROCE(3y)15.44%
ROCE(5y)17.4%
ROICexgc growth 3Y-63.84%
ROICexgc growth 5Y-1.9%
ROICexc growth 3Y-22.45%
ROICexc growth 5Y5.16%
OM growth 3Y-2.44%
OM growth 5Y-1.18%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.48%
GM growth 5Y-0.33%
F-Score4
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 26.29 | ||
| Debt/EBITDA | 4.1 | ||
| Cap/Depr | 158.89% | ||
| Cap/Sales | 32.07% | ||
| Interest Coverage | 2.11 | ||
| Cash Conversion | 56.95% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.5 | ||
| Quick Ratio | 0.5 | ||
| Altman-Z | 0.44 |
F-Score4
WACC7.36%
ROIC/WACC1.43
Cap/Depr(3y)197.53%
Cap/Depr(5y)183.26%
Cap/Sales(3y)29.95%
Cap/Sales(5y)28.86%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-205.26%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-197.09%
EPS Next Y-75.89%
EPS Next 2Y-73.72%
EPS Next 3Y-37.08%
EPS Next 5YN/A
Revenue 1Y (TTM)11.38%
Revenue growth 3Y30.67%
Revenue growth 5Y17.76%
Sales Q2Q%-4.63%
Revenue Next Year0.05%
Revenue Next 2Y2.88%
Revenue Next 3Y3.71%
Revenue Next 5YN/A
EBIT growth 1Y7.04%
EBIT growth 3Y27.49%
EBIT growth 5Y16.37%
EBIT Next Year43.78%
EBIT Next 3Y13.73%
EBIT Next 5YN/A
FCF growth 1Y92.37%
FCF growth 3Y-6.95%
FCF growth 5Y-11.55%
OCF growth 1Y111.22%
OCF growth 3Y27.6%
OCF growth 5Y9.99%
BROOKFIELD INFRASTRUCTURE-A / BIPC FAQ
Can you provide the ChartMill fundamental rating for BROOKFIELD INFRASTRUCTURE-A?
ChartMill assigns a fundamental rating of 4 / 10 to BIPC.
What is the valuation status of BROOKFIELD INFRASTRUCTURE-A (BIPC) stock?
ChartMill assigns a valuation rating of 6 / 10 to BROOKFIELD INFRASTRUCTURE-A (BIPC). This can be considered as Fairly Valued.
How profitable is BROOKFIELD INFRASTRUCTURE-A (BIPC) stock?
BROOKFIELD INFRASTRUCTURE-A (BIPC) has a profitability rating of 5 / 10.
What is the financial health of BROOKFIELD INFRASTRUCTURE-A (BIPC) stock?
The financial health rating of BROOKFIELD INFRASTRUCTURE-A (BIPC) is 2 / 10.
Can you provide the expected EPS growth for BIPC stock?
The Earnings per Share (EPS) of BROOKFIELD INFRASTRUCTURE-A (BIPC) is expected to decline by -75.89% in the next year.