BROOKFIELD INFRASTRUCTUR - BIP 6.446 PERP (BIP-PR-F.CA) Stock Fundamental Analysis
TSX:BIP-PR-F - Toronto Stock Exchange - BMG162522269 - Currency: CAD
We assign a fundamental rating of 3 out of 10 to BIP-PR-F. BIP-PR-F was compared to 21 industry peers in the Multi-Utilities industry. BIP-PR-F has a medium profitability rating, but doesn't score so well on its financial health evaluation. BIP-PR-F is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BIP-PR-F was profitable.
In the past year BIP-PR-F had a positive cash flow from operations.
Of the past 5 years BIP-PR-F 4 years were profitable.
BIP-PR-F had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
BIP-PR-F has a Return On Assets of -0.21%. This is in the lower half of the industry: BIP-PR-F underperforms 63.16% of its industry peers.
BIP-PR-F has a Return On Equity of -2.99%. This is in the lower half of the industry: BIP-PR-F underperforms 63.16% of its industry peers.
BIP-PR-F has a Return On Invested Capital of 3.66%. This is amongst the best in the industry. BIP-PR-F outperforms 94.74% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BIP-PR-F is in line with the industry average of 2.92%.
The 3 year average ROIC (3.39%) for BIP-PR-F is below the current ROIC(3.66%), indicating increased profibility in the last year.
| 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-F has declined.
BIP-PR-F has a Operating Margin of 23.83%. This is amongst the best in the industry. BIP-PR-F outperforms 94.74% of its industry peers.
BIP-PR-F's Operating Margin has declined in the last couple of years.
The Gross Margin of BIP-PR-F (42.64%) is worse than 78.95% of its industry peers.
In the last couple of years the Gross Margin of BIP-PR-F has declined.
| 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-F is destroying value.
BIP-PR-F 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
Based on the Altman-Z score of 0.32, we must say that BIP-PR-F is in the distress zone and has some risk of bankruptcy.
BIP-PR-F's Altman-Z score of 0.32 is on the low side compared to the rest of the industry. BIP-PR-F is outperformed by 84.21% of its industry peers.
The Debt to FCF ratio of BIP-PR-F is 794.36, which is on the high side as it means it would take BIP-PR-F, 794.36 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BIP-PR-F (794.36) is worse than 63.16% of its industry peers.
A Debt/Equity ratio of 7.44 is on the high side and indicates that BIP-PR-F has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 7.44, BIP-PR-F is doing worse than 78.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.44 | ||
| Debt/FCF | 794.36 | ||
| Altman-Z | 0.32 |
ROIC/WACC0.71
WACC5.13%
2.3 Liquidity
A Current Ratio of 0.77 indicates that BIP-PR-F may have some problems paying its short term obligations.
BIP-PR-F has a Current ratio of 0.77. This is in the lower half of the industry: BIP-PR-F underperforms 78.95% of its industry peers.
A Quick Ratio of 0.72 indicates that BIP-PR-F may have some problems paying its short term obligations.
With a Quick ratio value of 0.72, BIP-PR-F is not doing good in the industry: 78.95% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The earnings per share for BIP-PR-F have decreased strongly by -20.98% in the last year.
BIP-PR-F shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.55% yearly.
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
Based on estimates for the next years, BIP-PR-F will show a quite strong growth in Revenue. The Revenue will grow by 8.63% on average per year.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 127.95 indicates a quite expensive valuation of BIP-PR-F.
Based on the Price/Earnings ratio, BIP-PR-F is valued a bit more expensive than the industry average as 78.95% of the companies are valued more cheaply.
BIP-PR-F's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 29.63.
The Price/Forward Earnings ratio is 21.82, which indicates a rather expensive current valuation of BIP-PR-F.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BIP-PR-F indicates a slightly more expensive valuation: BIP-PR-F is more expensive than 68.42% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.68, BIP-PR-F is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 127.95 | ||
| Fwd PE | 21.82 |
4.2 Price Multiples
BIP-PR-F's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BIP-PR-F is cheaper than 94.74% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BIP-PR-F is valued a bit more expensive than the industry average as 63.16% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 108.32 | ||
| EV/EBITDA | 7.55 |
4.3 Compensation for Growth
The 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-F's earnings are expected to grow with 118.32% in the coming years.
PEG (NY)0.26
PEG (5Y)5.43
EPS Next 2Y193.45%
EPS Next 3Y118.32%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.15%, BIP-PR-F is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.33, BIP-PR-F is paying slightly less dividend.
BIP-PR-F's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.15% |
5.2 History
On average, the dividend of BIP-PR-F grows each year by 7.67%, which is quite nice.
BIP-PR-F has been paying a dividend for over 5 years, so it has already some track record.
As BIP-PR-F did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)7.67%
Div Incr Years1
Div Non Decr Years6
5.3 Sustainability
The earnings of BIP-PR-F are negative and hence is the payout ratio. BIP-PR-F will probably not be able to sustain this dividend level.
The dividend of BIP-PR-F is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-615.28%
EPS Next 2Y193.45%
EPS Next 3Y118.32%
BROOKFIELD INFRASTRUCTUR - BIP 6.446 PERP
TSX:BIP-PR-F (2/21/2025, 7:00:00 PM)
24.31
-0.1 (-0.41%)
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 Cap11.23B
Analysts80
Price Target30.21 (24.27%)
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 Years1
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)1.69%
PT rev (3m)20.07%
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 | 127.95 | ||
| Fwd PE | 21.82 | ||
| P/S | 0.38 | ||
| P/FCF | 108.32 | ||
| P/OCF | 1.72 | ||
| P/B | 1.1 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.55 |
EPS(TTM)0.19
EY0.78%
EPS(NY)1.11
Fwd EY4.58%
FCF(TTM)0.22
FCFY0.92%
OCF(TTM)14.11
OCFY58.03%
SpS63.22
BVpS22.18
TBVpS-68.28
PEG (NY)0.26
PEG (5Y)5.43
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%