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BIP

Brookfield Infrastructure PartnersNYSE:BIP Stock Report

Last Price

US$60.37

Market Cap

US$26.5b

7D

1.3%

1Y

12.6%

Updated

19 Jan, 2022

Data

Company Financials +
BIP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health0/6
Dividends4/6

BIP Stock Overview

Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific.

Price History & Performance

Summary of all time highs, changes and price drops for Brookfield Infrastructure Partners
Historical stock prices
Current Share PriceUS$60.37
52 Week HighUS$62.48
52 Week LowUS$50.00
Beta0.80
1 Month Change5.82%
3 Month Change4.56%
1 Year Change12.59%
3 Year Change74.73%
5 Year Change87.37%
Change since IPO429.56%

Recent News & Updates

Shareholder Returns

BIPUS Integrated UtilitiesUS Market
7D1.3%-0.4%-3.5%
1Y12.6%12.0%10.2%

Return vs Industry: BIP matched the US Integrated Utilities industry which returned 12% over the past year.

Return vs Market: BIP exceeded the US Market which returned 10.2% over the past year.

Price Volatility

Is BIP's price volatile compared to industry and market?
BIP volatility
BIP Average Weekly Movement2.4%
Integrated Utilities Industry Average Movement2.5%
Market Average Movement6.6%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.4%

Stable Share Price: BIP is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: BIP's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/aSam Pollockhttps://www.bip.brookfield.com

Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The Utilities segment operates approximately 4,200 kilometers (km) of natural gas pipelines; 2,000 km of electricity transmission lines; and 6.9 million electricity and natural gas connections, as well as 1.5 million installed smart meters; and 330,000 long-term contracted sub-metering services. This segment also offers centralized heating and cooling systems; centralized gas distribution and cogeneration for heating, cooling, and energy; and water heater, and heating, ventilation, and air conditioner rental, and other home services.

Brookfield Infrastructure Partners Fundamentals Summary

How do Brookfield Infrastructure Partners's earnings and revenue compare to its market cap?
BIP fundamental statistics
Market CapUS$26.52b
Earnings (TTM)US$752.00m
Revenue (TTM)US$10.82b

35.4x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BIP income statement (TTM)
RevenueUS$10.82b
Cost of RevenueUS$5.49b
Gross ProfitUS$5.33b
ExpensesUS$4.58b
EarningsUS$752.00m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 02, 2022

Earnings per share (EPS)1.70
Gross Margin49.27%
Net Profit Margin6.95%
Debt/Equity Ratio117.5%

How did BIP perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

79%

Payout Ratio

Valuation

Is Brookfield Infrastructure Partners undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BIP ($60.37) is trading below our estimate of fair value ($217.82)

Significantly Below Fair Value: BIP is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BIP is poor value based on its PE Ratio (35.4x) compared to the US Integrated Utilities industry average (22.7x).

PE vs Market: BIP is poor value based on its PE Ratio (35.4x) compared to the US market (17x).


Price to Earnings Growth Ratio

PEG Ratio: BIP's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: BIP is overvalued based on its PB Ratio (5.5x) compared to the US Integrated Utilities industry average (2.2x).


Future Growth

How is Brookfield Infrastructure Partners forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

-20.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BIP's earnings are forecast to decline over the next 3 years (-20.1% per year).

Earnings vs Market: BIP's earnings are forecast to decline over the next 3 years (-20.1% per year).

High Growth Earnings: BIP's earnings are forecast to decline over the next 3 years.

Revenue vs Market: BIP's revenue (6.9% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: BIP's revenue (6.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BIP's Return on Equity is forecast to be low in 3 years time (12.6%).


Past Performance

How has Brookfield Infrastructure Partners performed over the past 5 years?

15.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BIP has a large one-off gain of $1.1B impacting its September 30 2021 financial results.

Growing Profit Margin: BIP became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BIP's earnings have grown by 15.6% per year over the past 5 years.

Accelerating Growth: BIP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BIP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Integrated Utilities industry (11.5%).


Return on Equity

High ROE: BIP's Return on Equity (11.2%) is considered low.


Financial Health

How is Brookfield Infrastructure Partners's financial position?


Financial Position Analysis

Short Term Liabilities: BIP's short term assets ($6.6B) do not cover its short term liabilities ($10.2B).

Long Term Liabilities: BIP's short term assets ($6.6B) do not cover its long term liabilities ($38.9B).


Debt to Equity History and Analysis

Debt Level: BIP's net debt to equity ratio (106.4%) is considered high.

Reducing Debt: BIP's debt to equity ratio has increased from 102.2% to 117.5% over the past 5 years.

Debt Coverage: BIP's debt is not well covered by operating cash flow (8.8%).

Interest Coverage: BIP's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


Dividend

What is Brookfield Infrastructure Partners's current dividend yield, its reliability and sustainability?

3.38%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BIP's dividend (3.38%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: BIP's dividend (3.38%) is low compared to the top 25% of dividend payers in the US market (3.48%).


Stability and Growth of Payments

Stable Dividend: BIP's dividends per share have been stable in the past 10 years.

Growing Dividend: BIP's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (79.2%), BIP's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BIP's dividends in 3 years are not forecast to be well covered by earnings (183.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average management tenure


CEO

Sam Pollock (55 yo)

no data

Tenure

US$3,824,886

Compensation

Mr. Samuel J. B. Pollock, also known as Sam, serves as Managing Partner and Chief Executive Officer at Brookfield Asset Management Private Institutional Capital Adviser (Credit), LLC and also at Brookfield...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Sam's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Insufficient data to compare Sam's compensation with company performance.


Leadership Team

Experienced Management: BIP's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: BIP's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.1%.


Top Shareholders

Company Information

Brookfield Infrastructure Partners L.P.'s employee growth, exchange listings and data sources


Key Information

  • Name: Brookfield Infrastructure Partners L.P.
  • Ticker: BIP
  • Exchange: NYSE
  • Founded: 2007
  • Industry: Multi-Utilities
  • Sector: Utilities
  • Implied Market Cap: US$26.518b
  • Market Cap: US$18.424b
  • Shares outstanding: 441.51m
  • Website: https://www.bip.brookfield.com

Location

  • Brookfield Infrastructure Partners L.P.
  • 73 Front Street
  • 5th Floor
  • Hamilton
  • HM 12
  • Bermuda

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 23:45
End of Day Share Price2022/01/19 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.