Brookfield Infrastructure
Market Cap
US$2.9b
Last Updated
2021/02/24 23:27 UTC
Data Sources
Company Financials
Executive Summary
Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. More Details
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Overvalued not a dividend payer.
Share Price & News
How has Brookfield Infrastructure's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BIPC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BIPC's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
4.8%
BIPC
-0.8%
US Gas Utilities
-1.4%
US Market
1 Year Return
n/a
BIPC
-10.9%
US Gas Utilities
37.1%
US Market
Return vs Industry: Insufficient data to determine how BIPC performed against the US Gas Utilities industry.
Return vs Market: Insufficient data to determine how BIPC performed against the US Market.
Shareholder returns
| BIPC | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.8% | -0.8% | -1.4% |
| 30 Day | -5.4% | 4.3% | 1.6% |
| 90 Day | -8.6% | -2.5% | 7.3% |
| 1 Year | n/a | -7.6%-10.9% | 40.2%37.1% |
| 3 Year | n/a | 11.1%1.2% | 62.5%52.1% |
| 5 Year | n/a | 28.1%10.0% | 133.9%108.0% |
Long-Term Price Volatility Vs. Market
How volatile is Brookfield Infrastructure's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Three Days Left Until Brookfield Infrastructure Corporation (NYSE:BIPC) Trades Ex-Dividend1 week ago | Simply Wall St
Estimating The Fair Value Of Brookfield Infrastructure Corporation (NYSE:BIPC)1 month ago | Simply Wall St
Does Brookfield Infrastructure Corporation (NYSE:BIPC) Have A Place In Your Dividend Portfolio?Valuation
Is Brookfield Infrastructure undervalued compared to its fair value and its price relative to the market?
10.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BIPC ($63.29) is trading below our estimate of fair value ($70.95)
Significantly Below Fair Value: BIPC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BIPC is unprofitable, so we can't compare its PE Ratio to the US Gas Utilities industry average.
PE vs Market: BIPC is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BIPC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BIPC has negative assets, so we can't compare its PB Ratio to the US Gas Utilities industry average.
Next Steps
Future Growth
How is Brookfield Infrastructure forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
17.4%
Forecasted Utilities industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Brookfield Infrastructure has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of BIPC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Brookfield Infrastructure competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
Past Performance
How has Brookfield Infrastructure performed over the past 5 years?
-49.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BIPC is currently unprofitable.
Growing Profit Margin: BIPC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BIPC is unprofitable, and losses have increased over the past 5 years at a rate of 49.8% per year.
Accelerating Growth: Unable to compare BIPC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BIPC is unprofitable, making it difficult to compare its past year earnings growth to the Gas Utilities industry (9.7%).
Return on Equity
High ROE: BIPC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Next Steps
Financial Health
How is Brookfield Infrastructure's financial position?
Financial Position Analysis
Short Term Liabilities: BIPC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BIPC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: BIPC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: BIPC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: BIPC's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: BIPC is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Brookfield Infrastructure current dividend yield, its reliability and sustainability?
3.22%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BIPC's dividend (3.22%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: BIPC's dividend (3.22%) is low compared to the top 25% of dividend payers in the US market (3.75%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether BIPC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if BIPC's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: BIPC is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
US$4m
CEO Compensation
CEO
Sam Pollock (54 yo)
no data
Tenure
US$3,805,404
Compensation
Mr. Samuel J. B. Pollock, also known as Sam, serves as Managing Partner and Chief Executive Officer at Brookfield Infrastructure Corporation. He is Managing Partner of Brookfield Asset Management Inc. and ...
CEO Compensation Analysis
Compensation vs Market: Sam's total compensation ($USD3.81M) is about average for companies of similar size in the US market ($USD4.96M).
Compensation vs Earnings: Insufficient data to compare Sam's compensation with company performance.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BIPC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: BIPC only recently listed within the past 12 months.
Top Shareholders
Company Information
Brookfield Infrastructure Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Brookfield Infrastructure Corporation
- Ticker: BIPC
- Exchange: NYSE
- Founded: 2019
- Industry: Gas Utilities
- Sector: Utilities
- Market Cap: US$2.934b
- Shares outstanding: 46.36m
- Website: https://bip.brookfield.com/bipc
Number of Employees
Location
- Brookfield Infrastructure Corporation
- 250 Vesey Street
- 15th Floor
- New York
- New York
- 10281-1023
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BIPC | NYSE (New York Stock Exchange) | Yes | Class A Exchangeable Subordinate Shares | US | USD | Mar 2020 |
| BIPC | TSX (The Toronto Stock Exchange) | Yes | Class A Exchangeable Subordinate Shares | CA | CAD | Mar 2020 |
Biography
Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/24 23:27 |
| End of Day Share Price | 2021/02/23 00:00 |
| Earnings | 2020/12/31 |
| 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.