NYSE:BIPC

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Brookfield Infrastructure

Executive Summary

Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. More Details


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

BIPCIndustryMarket
7 Day4.8%-0.8%-1.4%
30 Day-5.4%4.3%1.6%
90 Day-8.6%-2.5%7.3%
1 Yearn/a-7.6%-10.9%40.2%37.1%
3 Yearn/a11.1%1.2%62.5%52.1%
5 Yearn/a28.1%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

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

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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BIPCNYSE (New York Stock Exchange)YesClass A Exchangeable Subordinate SharesUSUSDMar 2020
BIPCTSX (The Toronto Stock Exchange)YesClass A Exchangeable Subordinate SharesCACADMar 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/24 23:27
End of Day Share Price2021/02/23 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.