BROOKFIELD INFRASTRUCTURE-A (BIPC) Stock Fundamental Analysis
USA - NYSE:BIPC - CA11276H1064 - Common Stock
40.02 USD
-0.59 (-1.45%)
40.02 USD
0 (0%)
Taking everything into account, BIPC scores 4 out of 10 in our fundamental rating. BIPC was compared to 14 industry peers in the Gas Utilities industry. There are concerns on the financial health of BIPC while its profitability can be described as average. BIPC is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
BIPC had negative earnings in the past year.
BIPC had a positive operating cash flow in the past year.
In multiple years BIPC reported negative net income over the last 5 years.
BIPC had a positive operating cash flow in each of the past 5 years.
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.
The Average Return On Invested Capital over the past 3 years 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
With an excellent Operating Margin value of 60.37%, BIPC belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
BIPC's Operating Margin has been stable in the last couple of years.
With an excellent Gross Margin value of 82.72%, BIPC belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
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.
BIPC has more shares outstanding than it did 5 years ago.
The debt/assets ratio for BIPC is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.42, we must say that BIPC is in the distress zone and has some risk of bankruptcy.
BIPC has a Altman-Z score of 0.42. This is in the lower half of the industry: BIPC underperforms 78.57% of its industry peers.
The Debt to FCF ratio of BIPC is 26.29, which is on the high side as it means it would take BIPC, 26.29 years of fcf income to pay off all of its debts.
BIPC's Debt to FCF ratio of 26.29 is fine compared to the rest of the industry. BIPC outperforms 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 26.29 | ||
| Altman-Z | 0.42 |
ROIC/WACC1.45
WACC7.23%
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.
BIPC has a Quick 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's Quick ratio of 0.50 is in line compared 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 -209.49%.
Looking at the last year, BIPC shows a quite strong growth in Revenue. The Revenue has grown by 11.38% in the last year.
The Revenue has been growing by 17.76% on average over the past years. This is quite good.
EPS 1Y (TTM)-209.49%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-207.71%
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 strong growth in Earnings Per Share. The EPS will grow by 50.01% on average per year.
The Revenue is expected to grow by 4.81% on average over the next years.
EPS Next Y237.99%
EPS Next 2Y80%
EPS Next 3Y50.01%
EPS Next 5YN/A
Revenue Next Year3.27%
Revenue Next 2Y4.52%
Revenue Next 3Y4.81%
Revenue Next 5YN/A
3.3 Evolution
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
BIPC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 6.32, which indicates a rather cheap valuation of BIPC.
100.00% of the companies in the same industry are more expensive than BIPC, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.73, BIPC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 6.32 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BIPC is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, BIPC is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.49 | ||
| EV/EBITDA | 5.85 |
4.3 Compensation for Growth
The 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 BIPC's earnings are expected to grow with 50.01% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y80%
EPS Next 3Y50.01%
5. Dividend
5.1 Amount
BIPC has a Yearly Dividend Yield of 4.39%, which is a nice return.
BIPC's Dividend Yield is a higher than the industry average which is at 3.95.
Compared to an average S&P500 Dividend Yield of 2.38, BIPC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
5.2 History
BIPC has been paying a dividend for over 5 years, so it has already some track record.
BIPC has decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
DPN/A
EPS Next 2Y80%
EPS Next 3Y50.01%
40.02
-0.59 (-1.45%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners74.64%
Inst Owner Change-1.09%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap5.29B
Analysts43.33
Price Target46.92 (17.24%)
Short Float %5.77%
Short Ratio10.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
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)2.22%
PT rev (3m)4.55%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-16.57%
EPS NY rev (1m)0.44%
EPS NY rev (3m)0.44%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-37.44%
Revenue NY rev (3m)-5.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 6.32 | ||
| P/S | 1.45 | ||
| P/FCF | 10.49 | ||
| P/OCF | 3.16 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.85 |
EPS(TTM)-10.01
EYN/A
EPS(NY)6.33
Fwd EY15.83%
FCF(TTM)3.82
FCFY9.54%
OCF(TTM)12.68
OCFY31.69%
SpS27.65
BVpS-9.37
TBVpS-45.87
PEG (NY)N/A
PEG (5Y)N/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%
ROICexcg growth 3Y-63.84%
ROICexcg 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 | 0.42 |
F-Score4
WACC7.23%
ROIC/WACC1.45
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)-209.49%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-207.71%
EPS Next Y237.99%
EPS Next 2Y80%
EPS Next 3Y50.01%
EPS Next 5YN/A
Revenue 1Y (TTM)11.38%
Revenue growth 3Y30.67%
Revenue growth 5Y17.76%
Sales Q2Q%-4.63%
Revenue Next Year3.27%
Revenue Next 2Y4.52%
Revenue Next 3Y4.81%
Revenue Next 5YN/A
EBIT growth 1Y7.04%
EBIT growth 3Y27.49%
EBIT growth 5Y16.37%
EBIT Next Year184.18%
EBIT Next 3Y46.39%
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%