BROOKFIELD INFRASTRUCTURE-A (BIPC)
CA11275Q1072 - Common Stock
BIPC gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 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
BIPC had positive 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.
In the past 5 years BIPC always reported a positive cash flow from operatings.
1.2 Ratios
BIPC has a worse Return On Assets (0.46%) than 78.57% of its industry peers.
BIPC has a better Return On Invested Capital (18.83%) than 100.00% 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 5.94%.
The 3 year average ROIC (18.75%) for BIPC is below the current ROIC(18.83%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | N/A | ||
| ROIC | 18.83% |
ROA(3y)2.52%
ROA(5y)0.73%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)18.75%
ROIC(5y)14.85%
1.3 Margins
Looking at the Profit Margin, with a value of 4.43%, BIPC is doing worse than 64.29% of the companies in the same industry.
In the last couple of years the Profit Margin of BIPC has declined.
With an excellent Operating Margin value of 66.24%, BIPC belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Operating Margin of BIPC has remained more or less at the same level.
BIPC has a Gross Margin of 75.75%. This is amongst the best in the industry. BIPC outperforms 85.71% of its industry peers.
BIPC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 66.24% | ||
| PM (TTM) | 4.43% | ||
| GM | 75.75% |
OM growth 3Y2.88%
OM growth 5Y1.04%
PM growth 3YN/A
PM growth 5Y-19.28%
GM growth 3Y-5.99%
GM growth 5Y-4.08%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so BIPC is creating value.
BIPC has more shares outstanding than it did 1 year ago.
The number of shares outstanding for BIPC has been increased compared to 5 years ago.
The debt/assets ratio for BIPC is higher compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of BIPC is 22.32, which is on the high side as it means it would take BIPC, 22.32 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 22.32, BIPC is in line with its industry, outperforming 42.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 22.32 | ||
| Altman-Z | N/A |
ROIC/WACC3.03
WACC6.21%
2.3 Liquidity
A Current Ratio of 0.11 indicates that BIPC may have some problems paying its short term obligations.
The Current ratio of BIPC (0.11) is worse than 92.86% of its industry peers.
BIPC has a Quick Ratio of 0.11. This is a bad value and indicates that BIPC is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of BIPC (0.11) is worse than 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.11 | ||
| Quick Ratio | 0.11 |
3. Growth
3.1 Past
The earnings per share for BIPC have decreased strongly by -99.92% in the last year.
Measured over the past years, BIPC shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -21.97% on average per year.
Looking at the last year, BIPC shows a very strong growth in Revenue. The Revenue has grown by 32.71%.
Measured over the past years, BIPC shows a quite strong growth in Revenue. The Revenue has been growing by 9.90% on average per year.
EPS 1Y (TTM)-99.92%
EPS 3YN/A
EPS 5Y-21.97%
EPS growth Q2Q-133.76%
Revenue 1Y (TTM)32.71%
Revenue growth 3Y20.52%
Revenue growth 5Y9.9%
Revenue growth Q2Q86.38%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 3130.00, the valuation of BIPC can be described as expensive.
92.86% of the companies in the same industry are cheaper than BIPC, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 24.92. BIPC is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3130 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BIPC indicates a rather cheap valuation: BIPC is cheaper than 85.71% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BIPC indicates a rather cheap valuation: BIPC is cheaper than 92.86% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.64 | ||
| EV/EBITDA | 7.75 |
4.3 Compensation for Growth
BIPC has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
BIPC has a Yearly Dividend Yield of 5.31%, which is a nice return.
BIPC's Dividend Yield is a higher than the industry average which is at 4.77.
Compared to an average S&P500 Dividend Yield of 2.43, BIPC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.31% |
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 recently.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
DPN/A
EPS Next 2YN/A
EPS Next 3YN/A
BROOKFIELD INFRASTRUCTURE-A
NYSE:BIPC (4/26/2024, 7:04:00 PM)
After market: 31.2 -0.1 (-0.32%)31.3
-0.33 (-1.04%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap4.13B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.31% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3130 | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 66.24% | ||
| PM (TTM) | 4.43% | ||
| GM | 75.75% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.11 | ||
| Quick Ratio | 0.11 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-99.92%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)32.71%
Revenue growth 3Y20.52%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y