This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

Macquarie Infrastructure Holdings Valuation

Is MIC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MIC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate MIC's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate MIC's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MIC?

Key metric: As MIC is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for MIC. This is calculated by dividing MIC's market cap by their current revenue.
What is MIC's PS Ratio?
PS Ratio	1.5x
Sales	US$250.08m
Market Cap	US$363.95m

MIC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.8x
Enterprise Value/EBITDA	-1.7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does MIC's PS Ratio compare to its peers?

The above table shows the PS ratio for MIC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1.3x
SGU Star Group	0.2x	n/a	US$426.7m
RGCO RGC Resources	2.6x	n/a	US$206.6m
SPH Suburban Propane Partners	0.9x	-4.0%	US$1.1b
NWN Northwest Natural Holding	1.5x	3.4%	US$1.7b
MIC Macquarie Infrastructure Holdings	1.5x	n/a	US$364.0m

Price-To-Sales vs Peers: MIC is expensive based on its Price-To-Sales Ratio (1.5x) compared to the peer average (1.3x).

Price to Sales Ratio vs Industry

How does MIC's PS Ratio compare vs other companies in the North American Gas Utilities Industry?

2 Companies	Price / Sales	Estimated Growth	Market Cap

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: MIC is good value based on its Price-To-Sales Ratio (1.5x) compared to the US Gas Utilities industry average (1.9x)

Price to Sales Ratio vs Fair Ratio

What is MIC's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MIC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.5x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate MIC's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

Evergy

US$14.8b

Engages in the generation, transmission, distribution, and sale of electricity in the United States.

EVRG

US$64.56

2.8%

27.0%

Engie Brasil Energia

R$32.0b

Generates, sells, and trades in electrical energy in Brazil.

EGIE.Y

R$6.50

-4.3%

-26.8%

Portland General Electric

US$4.9b

An integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon.

POR

US$47.60

3.7%

15.5%