BROOKFIELD INFRASTRUCTUR - BIP 6.642 PERP (BIP-PR-E.CA) Stock Fundamental Analysis
TSX:BIP-PR-E - Toronto Stock Exchange - BMG162522004 - Currency: CAD
BIP-PR-E gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 21 industry peers in the Multi-Utilities industry. There are concerns on the financial health of BIP-PR-E while its profitability can be described as average. BIP-PR-E is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
BIP-PR-E had positive earnings in the past year.
In the past year BIP-PR-E had a positive cash flow from operations.
Of the past 5 years BIP-PR-E 4 years were profitable.
Of the past 5 years BIP-PR-E 4 years had a positive operating cash flow.
1.2 Ratios
BIP-PR-E has a Return On Assets of -0.21%. This is in the lower half of the industry: BIP-PR-E underperforms 68.42% of its industry peers.
BIP-PR-E's Return On Equity of -2.99% is on the low side compared to the rest of the industry. BIP-PR-E is outperformed by 68.42% of its industry peers.
BIP-PR-E has a better Return On Invested Capital (3.66%) than 89.47% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BIP-PR-E is in line with the industry average of 2.92%.
The last Return On Invested Capital (3.66%) for BIP-PR-E is above the 3 year average (3.39%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.21% | ||
| ROE | -2.99% | ||
| ROIC | 3.66% |
ROA(3y)0.34%
ROA(5y)0.26%
ROE(3y)3.21%
ROE(5y)2.43%
ROIC(3y)3.39%
ROIC(5y)3.03%
1.3 Margins
In the last couple of years the Profit Margin of BIP-PR-E has declined.
BIP-PR-E has a Operating Margin of 23.83%. This is amongst the best in the industry. BIP-PR-E outperforms 89.47% of its industry peers.
BIP-PR-E's Operating Margin has declined in the last couple of years.
BIP-PR-E's Gross Margin of 42.64% is on the low side compared to the rest of the industry. BIP-PR-E is outperformed by 84.21% of its industry peers.
BIP-PR-E's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.83% | ||
| PM (TTM) | N/A | ||
| GM | 42.64% |
OM growth 3Y-0.32%
OM growth 5Y-5.85%
PM growth 3Y-29.11%
PM growth 5Y-32.66%
GM growth 3Y-4.08%
GM growth 5Y-5.23%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BIP-PR-E is destroying value.
BIP-PR-E has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
BIP-PR-E has an Altman-Z score of 0.32. This is a bad value and indicates that BIP-PR-E is not financially healthy and even has some risk of bankruptcy.
BIP-PR-E has a worse Altman-Z score (0.32) than 78.95% of its industry peers.
BIP-PR-E has a debt to FCF ratio of 794.36. This is a negative value and a sign of low solvency as BIP-PR-E would need 794.36 years to pay back of all of its debts.
With a Debt to FCF ratio value of 794.36, BIP-PR-E is not doing good in the industry: 68.42% of the companies in the same industry are doing better.
A Debt/Equity ratio of 7.44 is on the high side and indicates that BIP-PR-E has dependencies on debt financing.
BIP-PR-E has a Debt to Equity ratio of 7.44. This is amonst the worse of the industry: BIP-PR-E underperforms 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.44 | ||
| Debt/FCF | 794.36 | ||
| Altman-Z | 0.32 |
ROIC/WACC0.71
WACC5.13%
2.3 Liquidity
BIP-PR-E has a Current Ratio of 0.77. This is a bad value and indicates that BIP-PR-E is not financially healthy enough and could expect problems in meeting its short term obligations.
BIP-PR-E has a Current ratio of 0.77. This is amonst the worse of the industry: BIP-PR-E underperforms 84.21% of its industry peers.
BIP-PR-E has a Quick Ratio of 0.77. This is a bad value and indicates that BIP-PR-E is not financially healthy enough and could expect problems in meeting its short term obligations.
BIP-PR-E's Quick ratio of 0.72 is on the low side compared to the rest of the industry. BIP-PR-E is outperformed by 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
BIP-PR-E shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.98%.
Measured over the past years, BIP-PR-E shows a very strong growth in Earnings Per Share. The EPS has been growing by 23.55% on average per year.
EPS 1Y (TTM)-20.98%
EPS 3Y-51.26%
EPS 5Y23.55%
EPS Q2Q%284.9%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%9.54%
3.2 Future
The Earnings Per Share is expected to grow by 63.48% on average over the next years. This is a very strong growth
BIP-PR-E is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.63% yearly.
EPS Next Y484.21%
EPS Next 2Y193.45%
EPS Next 3Y118.32%
EPS Next 5Y63.48%
Revenue Next Year-18.18%
Revenue Next 2Y-6.32%
Revenue Next 3Y-1.96%
Revenue Next 5Y8.63%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
BIP-PR-E is valuated quite expensively with a Price/Earnings ratio of 129.00.
BIP-PR-E's Price/Earnings ratio is rather expensive when compared to the industry. BIP-PR-E is more expensive than 84.21% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.63, BIP-PR-E is valued quite expensively.
BIP-PR-E is valuated rather expensively with a Price/Forward Earnings ratio of 22.00.
Based on the Price/Forward Earnings ratio, BIP-PR-E is valued a bit more expensive than 73.68% of the companies in the same industry.
BIP-PR-E is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 129 | ||
| Fwd PE | 22 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BIP-PR-E is valued cheaper than 89.47% of the companies in the same industry.
BIP-PR-E's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. BIP-PR-E is more expensive than 68.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 109.22 | ||
| EV/EBITDA | 7.56 |
4.3 Compensation for Growth
BIP-PR-E's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as BIP-PR-E's earnings are expected to grow with 118.32% in the coming years.
PEG (NY)0.27
PEG (5Y)5.48
EPS Next 2Y193.45%
EPS Next 3Y118.32%
5. Dividend
5.1 Amount
BIP-PR-E has a Yearly Dividend Yield of 5.15%, which is a nice return.
BIP-PR-E's Dividend Yield is slightly below the industry average, which is at 5.33.
Compared to an average S&P500 Dividend Yield of 2.27, BIP-PR-E pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.15% |
5.2 History
On average, the dividend of BIP-PR-E grows each year by 7.67%, which is quite nice.
BIP-PR-E has been paying a dividend for over 5 years, so it has already some track record.
As BIP-PR-E did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)7.67%
Div Incr Years2
Div Non Decr Years6
5.3 Sustainability
BIP-PR-E has negative earnings and hence a negative payout ratio. The dividend may be in danger.
BIP-PR-E's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-615.28%
EPS Next 2Y193.45%
EPS Next 3Y118.32%
BROOKFIELD INFRASTRUCTUR - BIP 6.642 PERP
TSX:BIP-PR-E (2/21/2025, 7:00:00 PM)
24.51
-0.09 (-0.37%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners62.19%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap11.32B
Analysts80
Price Target30.37 (23.91%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.15% |
Yearly Dividend2.71
Dividend Growth(5Y)7.67%
DP-615.28%
Div Incr Years2
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-188.31%
Min EPS beat(2)-231.04%
Max EPS beat(2)-145.57%
EPS beat(4)0
Avg EPS beat(4)-145.29%
Min EPS beat(4)-231.04%
Max EPS beat(4)-9.99%
EPS beat(8)1
Avg EPS beat(8)-109.36%
EPS beat(12)2
Avg EPS beat(12)-86.56%
EPS beat(16)5
Avg EPS beat(16)6.23%
Revenue beat(2)2
Avg Revenue beat(2)170.21%
Min Revenue beat(2)165.94%
Max Revenue beat(2)174.48%
Revenue beat(4)4
Avg Revenue beat(4)166.66%
Min Revenue beat(4)142.32%
Max Revenue beat(4)183.91%
Revenue beat(8)8
Avg Revenue beat(8)121.7%
Revenue beat(12)12
Avg Revenue beat(12)102.53%
Revenue beat(16)16
Avg Revenue beat(16)111.96%
PT rev (1m)-1.1%
PT rev (3m)19.01%
EPS NQ rev (1m)4.05%
EPS NQ rev (3m)-18.66%
EPS NY rev (1m)-33.7%
EPS NY rev (3m)-21.42%
Revenue NQ rev (1m)-1.1%
Revenue NQ rev (3m)-1.1%
Revenue NY rev (1m)-6.69%
Revenue NY rev (3m)22.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 129 | ||
| Fwd PE | 22 | ||
| P/S | 0.39 | ||
| P/FCF | 109.22 | ||
| P/OCF | 1.74 | ||
| P/B | 1.1 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.56 |
EPS(TTM)0.19
EY0.78%
EPS(NY)1.11
Fwd EY4.55%
FCF(TTM)0.22
FCFY0.92%
OCF(TTM)14.11
OCFY57.56%
SpS63.22
BVpS22.18
TBVpS-68.28
PEG (NY)0.27
PEG (5Y)5.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.21% | ||
| ROE | -2.99% | ||
| ROCE | 5.13% | ||
| ROIC | 3.66% | ||
| ROICexc | 3.74% | ||
| ROICexgc | 5.46% | ||
| OM | 23.83% | ||
| PM (TTM) | N/A | ||
| GM | 42.64% | ||
| FCFM | 0.35% |
ROA(3y)0.34%
ROA(5y)0.26%
ROE(3y)3.21%
ROE(5y)2.43%
ROIC(3y)3.39%
ROIC(5y)3.03%
ROICexc(3y)3.5%
ROICexc(5y)3.12%
ROICexgc(3y)5.35%
ROICexgc(5y)4.85%
ROCE(3y)4.78%
ROCE(5y)4.27%
ROICexcg growth 3Y8.5%
ROICexcg growth 5Y-1.89%
ROICexc growth 3Y7.86%
ROICexc growth 5Y1.93%
OM growth 3Y-0.32%
OM growth 5Y-5.85%
PM growth 3Y-29.11%
PM growth 5Y-32.66%
GM growth 3Y-4.08%
GM growth 5Y-5.23%
F-Score6
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.44 | ||
| Debt/FCF | 794.36 | ||
| Debt/EBITDA | 6.42 | ||
| Cap/Depr | 130.33% | ||
| Cap/Sales | 21.96% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 54.86% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 0.32 |
F-Score6
WACC5.13%
ROIC/WACC0.71
Cap/Depr(3y)106.97%
Cap/Depr(5y)100.92%
Cap/Sales(3y)17.01%
Cap/Sales(5y)17.1%
Profit Quality(3y)770.14%
Profit Quality(5y)1268.96%
High Growth Momentum
Growth
EPS 1Y (TTM)-20.98%
EPS 3Y-51.26%
EPS 5Y23.55%
EPS Q2Q%284.9%
EPS Next Y484.21%
EPS Next 2Y193.45%
EPS Next 3Y118.32%
EPS Next 5Y63.48%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%9.54%
Revenue Next Year-18.18%
Revenue Next 2Y-6.32%
Revenue Next 3Y-1.96%
Revenue Next 5Y8.63%
EBIT growth 1Y33.62%
EBIT growth 3Y25.97%
EBIT growth 5Y23.31%
EBIT Next Year33.9%
EBIT Next 3Y16.65%
EBIT Next 5Y8.48%
FCF growth 1Y176.04%
FCF growth 3Y14.57%
FCF growth 5Y24.92%
OCF growth 1Y67.48%
OCF growth 3Y17.25%
OCF growth 5Y24.52%