Infratil Limited

ASX:IFT Stock Report

Market Cap: AU$11.2b

Infratil Valuation

Is IFT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of IFT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: IFT (A$11.57) is trading above our estimate of fair value (A$0.91)

Significantly Below Fair Value: IFT is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for IFT?

Key metric: As IFT is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for IFT. This is calculated by dividing IFT's market cap by their current revenue.
What is IFT's PS Ratio?
PS Ratio3.4x
SalesNZ$3.64b
Market CapNZ$12.33b

Price to Sales Ratio vs Peers

How does IFT's PS Ratio compare to its peers?

The above table shows the PS ratio for IFT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average16.8x
SOL Washington H. Soul Pattinson
11.2x4.0%AU$12.9b
ASX ASX
8.1x-7.4%AU$12.9b
HUB HUB24
18.8x12.8%AU$6.2b
NWL Netwealth Group
29.2x13.8%AU$7.4b
IFT Infratil
3.4x1.5%AU$12.3b

Price-To-Sales vs Peers: IFT is good value based on its Price-To-Sales Ratio (3.4x) compared to the peer average (16.8x).

Price to Sales Ratio vs Industry

How does IFT's PS Ratio compare vs other companies in the AU Diversified Financial Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
WTL WT Financial Group
0.2xn/aUS$20.01m
YBR Yellow Brick Road Holdings
0.1xn/aUS$13.02m
No more companies available in this PS range
IFT 3.4xIndustry Avg. 2.1xNo. of Companies4PS01.22.43.64.86+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: IFT is expensive based on its Price-To-Sales Ratio (3.4x) compared to the Oceanic Diversified Financial industry average (2.1x).

Price to Sales Ratio vs Fair Ratio

What is IFT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IFT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.4x
Fair PS Ratio4.2x

Price-To-Sales vs Fair Ratio: IFT is good value based on its Price-To-Sales Ratio (3.4x) compared to the estimated Fair Price-To-Sales Ratio (4.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst IFT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$11.57
AU$12.07
+4.3%
7.0%AU$13.01AU$10.77n/a6
Nov ’25AU$11.61
AU$11.76
+1.2%
9.4%AU$13.18AU$9.77n/a6
Oct ’25AU$11.17
AU$11.15
-0.1%
7.4%AU$12.15AU$9.86n/a6
Sep ’25AU$10.14
AU$10.82
+6.7%
8.4%AU$12.05AU$9.58n/a7
Aug ’25AU$9.85
AU$10.55
+7.2%
7.8%AU$11.89AU$9.53n/a6
Jul ’25AU$10.18
AU$10.39
+2.0%
7.8%AU$11.87AU$9.52n/a5
Jun ’25AU$9.85
AU$10.46
+6.2%
8.5%AU$11.73AU$9.59n/a6
May ’25AU$9.97
AU$10.34
+3.7%
6.8%AU$11.48AU$9.63n/a6
Apr ’25AU$9.92
AU$10.24
+3.2%
5.3%AU$11.04AU$9.65n/a6
Mar ’25AU$9.62
AU$10.23
+6.3%
6.9%AU$11.27AU$9.39n/a6
Feb ’25AU$9.95
AU$10.06
+1.1%
6.5%AU$10.93AU$9.27n/a6
Jan ’25AU$9.31
AU$9.98
+7.2%
6.2%AU$10.84AU$9.23n/a6
Dec ’24AU$9.06
AU$9.98
+10.1%
6.2%AU$10.84AU$9.23n/a6
Nov ’24AU$9.14
AU$10.12
+10.7%
7.5%AU$11.05AU$8.93AU$11.616
Oct ’24AU$9.45
AU$9.64
+2.1%
9.7%AU$11.31AU$8.27AU$11.176
Sep ’24AU$9.47
AU$9.56
+1.0%
9.2%AU$11.03AU$8.34AU$10.145
Aug ’24AU$9.12
AU$9.56
+4.8%
10.3%AU$11.06AU$8.36AU$9.854
Jul ’24AU$9.42
AU$9.22
-2.2%
9.5%AU$10.26AU$8.17AU$10.185
Jun ’24AU$9.23
AU$9.51
+3.0%
9.1%AU$10.55AU$8.38AU$9.855
May ’24AU$8.88
AU$9.01
+1.5%
8.0%AU$9.91AU$7.95AU$9.975
Apr ’24AU$8.70
AU$8.81
+1.3%
8.1%AU$9.46AU$7.61AU$9.925
Mar ’24AU$8.07
AU$8.44
+4.5%
7.5%AU$9.11AU$7.43AU$9.625
Feb ’24AU$7.90
AU$8.44
+6.8%
7.5%AU$9.11AU$7.43AU$9.955
Jan ’24AU$7.87
AU$8.44
+7.2%
7.5%AU$9.11AU$7.43AU$9.315
Dec ’23AU$8.26
AU$8.44
+2.1%
7.5%AU$9.11AU$7.43AU$9.065
Nov ’23AU$7.90
AU$8.18
+3.5%
8.1%AU$9.01AU$7.23AU$9.145

Analyst Forecast: Target price is less than 20% higher than the current share price.

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