NYSE:BIP

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Brookfield Infrastructure Partners

Executive Summary

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


Snowflake Analysis

Proven track record second-rate dividend payer.

Share Price & News

How has Brookfield Infrastructure Partners's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

Volatility Over Time: BIP's weekly volatility has decreased from 8% to 3% over the past year.


Market Performance


7 Day Return

-4.2%

BIP

-4.4%

US Integrated Utilities

-3.6%

US Market


1 Year Return

12.0%

BIP

-9.4%

US Integrated Utilities

36.5%

US Market

Return vs Industry: BIP exceeded the US Integrated Utilities industry which returned -9.4% over the past year.

Return vs Market: BIP underperformed the US Market which returned 36.4% over the past year.


Shareholder returns

BIPIndustryMarket
7 Day-4.2%-4.4%-3.6%
30 Day-2.3%-5.0%2.7%
90 Day2.3%-9.8%7.5%
1 Year16.8%12.0%-6.3%-9.4%39.5%36.5%
3 Year59.2%39.4%19.3%7.3%53.5%43.6%
5 Year181.1%124.5%41.4%18.6%117.5%93.2%

Long-Term Price Volatility Vs. Market

How volatile is Brookfield Infrastructure Partners's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

48.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BIP ($50.95) is trading below our estimate of fair value ($98.55)

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 (106.5x) compared to the US Integrated Utilities industry average (19.7x).

PE vs Market: BIP is poor value based on its PE Ratio (106.5x) compared to the US market (21.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BIP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BIP is overvalued based on its PB Ratio (3.6x) compared to the US Integrated Utilities industry average (1.8x).


Next Steps

Future Growth

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

-9.9%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if BIP's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if BIP's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BIP's revenue is expected to decline over the next 3 years (-9.9% per year).

High Growth Revenue: BIP's revenue is forecast to decline over the next 3 years (-9.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BIP's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

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

-32.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BIP has high quality earnings.

Growing Profit Margin: BIP's current net profit margins (1.6%) are higher than last year (0.3%).


Past Earnings Growth Analysis

Earnings Trend: BIP's earnings have declined by 32.8% per year over the past 5 years.

Accelerating Growth: BIP's earnings growth over the past year (618.4%) exceeds its 5-year average (-32.8% per year).

Earnings vs Industry: BIP earnings growth over the past year (618.4%) exceeded the Integrated Utilities industry 5.5%.


Return on Equity

High ROE: BIP's Return on Equity (4.2%) is considered low.


Next Steps

Financial Health

How is Brookfield Infrastructure Partners's financial position?


Financial Position Analysis

Short Term Liabilities: BIP's short term assets ($867.0M) do not cover its short term liabilities ($5.6B).

Long Term Liabilities: BIP's short term assets ($867.0M) do not cover its long term liabilities ($34.0B).


Debt to Equity History and Analysis

Debt Level: BIP's debt to equity ratio (99%) is considered high.

Reducing Debt: BIP's debt to equity ratio has increased from 98.6% to 99% over the past 5 years.

Debt Coverage: BIP's debt is not well covered by operating cash flow (11.8%).

Interest Coverage: BIP's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet


Next Steps

Dividend

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

4.00%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BIP's dividend (4%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: BIP's dividend (4%) is in the top 25% of dividend payers in the US market (3.77%)


Stability and Growth of Payments

Stable Dividend: BIP's dividend payments have been volatile in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (421.7%), BIP's dividend payments are not well 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 (142.9% payout ratio).


Next Steps

Management

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

3.8yrs

Average management tenure


CEO

Sam Pollock (54 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 Infrastructure Corporation. He is Managing Partner of Brookfield Asset Management Inc. and ...


CEO Compensation Analysis

Compensation vs Market: Sam's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD10.55M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Samuel Pollock
Chief Executive Officer of Brookfield Infrastructure Partners Limitedno dataUS$3.82m0.025%
$ 5.3m
Bahir Manios
Chief Financial Officer of Brookfield Infrastructure Partners Limitedno dataUS$3.98m0.011%
$ 2.4m
Benjamin Vaughan
Chief Operating Officer of Brookfield Infrastructure Partners Limitedno dataUS$1.39mno data
Brian Baker
Chief Investment Officer and Head of Transport & Energy - Brookfield Infrastructure Partners Limitedno dataUS$4.91mno data
Jeffrey Kendrew
Managing Partner of Australiano datano datano data
Melissa Low
Vice President of Investor Relationsno datano datano data
Claire Holland
Senior Vice President of Communicationsno datano datano data
John Stinebaugh
Managing Partner of Infrastructure3.08yrsno datano data
Michael Botha
Managing Director of Brookfield Infrastructure Partners Limited3.83yrsno datano data
Mark Bishop
MD & COO of Timber - Brookfield Infrastructure Partners Ltd3.83yrsno datano data
Michael Ryan
Managing Director of Infrastructure - Brookfield Infrastructure Partners Limited3.83yrsno datano data
Carlos Castro
Managing Director of Brookfield Infrastructure Partners Limited3.83yrsno datano data

3.8yrs

Average Tenure

50yo

Average Age

Experienced Management: BIP's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Blidner
Director of Brookfield Infrastructure Partners Limited13.08yrsno datano data
Anne Schaumburg
Independent Chairman of Brookfield Infrastructure Partners Limited1yrno data0.0066%
$ 1.4m
Daniel Quintanilla
Independent Director of Brookfield Infrastructure Partners Limited1.5yrsno datano data
Rajeev Vasudeva
Independent Director of Brookfield Infrastructure Partners Limited1.5yrsno datano data
William Cox
Independent Director of Brookfield Infrastructure Partners Limited4.25yrsno datano data
Roslyn Kelly
Independent Director of Brookfield Infrastructure Partners Limited1yrno data0.00077%
$ 164.8k

1.5yrs

Average Tenure

59yo

Average Age

Experienced Board: BIP's board of directors are not considered experienced ( 1.5 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Brookfield Infrastructure Partners L.P.'s company bio, 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$21.404b
  • Market Cap: US$15.053b
  • Shares outstanding: 420.10m
  • Website: https://www.bip.brookfield.com

Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BIPNYSE (New York Stock Exchange)YesLimited Partnership UnitsUSUSDJan 2008
BIP.UNTSX (The Toronto Stock Exchange)YesLimited Partnership UnitsCACADJan 2008
BIP.PRATSX (The Toronto Stock Exchange)PFD LT SR 1 CL ACACADMar 2015
BIP.PRBTSX (The Toronto Stock Exchange)PFD LT CL A SR 3CACADDec 2015
BIPA.FOTCPK (Pink Sheets LLC)PFD CUM LTDUSUSDAug 2016
BIP.PRCTSX (The Toronto Stock Exchange)PFD CUM LTDCACADAug 2016
BIP.PRDTSX (The Toronto Stock Exchange)LP UNT CUM A 7CACADJan 2017
BINF.FOTCPK (Pink Sheets LLC)LP UNT CUM A 7USUSDJan 2017
BIP.PRETSX (The Toronto Stock Exchange)PFD UNT A SR 9CACADJan 2018
BIP.PRFTSX (The Toronto Stock Exchange)UNIT PFD LP ACACADSep 2018
BIP.PRANYSE (New York Stock Exchange)5.125 CL A PFD13USUSDSep 2020
BIP.PRBNYSE (New York Stock Exchange)5.00% PFD A 14USUSDJan 2021

Biography

Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy, and data infrastructure businesses in North and South America, Europe, and the Asia Pacific. The Utilities segment op...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/01 00:13
End of Day Share Price2021/02/26 00:00
Earnings2020/12/31
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.