| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 0/6 |
| Dividends | 4/6 |
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.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 20.1% per year for the next 3 years
+ 1 more risk
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$60.37 |
| 52 Week High | US$62.48 |
| 52 Week Low | US$50.00 |
| Beta | 0.80 |
| 1 Month Change | 5.82% |
| 3 Month Change | 4.56% |
| 1 Year Change | 12.59% |
| 3 Year Change | 74.73% |
| 5 Year Change | 87.37% |
| Change since IPO | 429.56% |
Recent News & Updates
Shareholder Returns
| BIP | US Integrated Utilities | US Market | |
|---|---|---|---|
| 7D | 1.3% | -0.4% | -3.5% |
| 1Y | 12.6% | 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
| BIP volatility | |
|---|---|
| BIP Average Weekly Movement | 2.4% |
| Integrated Utilities Industry Average Movement | 2.5% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.8% |
| 10% least volatile stocks in US Market | 2.4% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | n/a | Sam Pollock | https://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
| BIP fundamental statistics | |
|---|---|
| Market Cap | US$26.52b |
| Earnings (TTM) | US$752.00m |
| Revenue (TTM) | US$10.82b |
35.4x
P/E Ratio2.5x
P/S RatioIs BIP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BIP income statement (TTM) | |
|---|---|
| Revenue | US$10.82b |
| Cost of Revenue | US$5.49b |
| Gross Profit | US$5.33b |
| Expenses | US$4.58b |
| Earnings | US$752.00m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 02, 2022
| Earnings per share (EPS) | 1.70 |
| Gross Margin | 49.27% |
| Net Profit Margin | 6.95% |
| Debt/Equity Ratio | 117.5% |
How did BIP perform over the long term?
See historical performance and comparisonDividends
3.4%
Current Dividend Yield79%
Payout RatioValuation
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 23:45 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.