(FIP) FTAI Infrastructure - Overview
Sector: Industrials | Industry: Conglomerates | Exchange: NASDAQ (USA) | Market Cap: 527m USD | Total Return: -19.8% in 12m
Avg Turnover: 4.80M
Qual. Beats: -3
Rev. Trend: 87.7%
Qual. Beats: 0
Warnings
High Debt/EBITDA (25.2) with thin interest coverage (-0.0)
High Debt while negative Cash Flow
Interest Coverage Ratio -0.0 is critical
Altman Z'' -2.32 < 1.0 - financial distress zone
Volatile Below Avwap Earnings
Tailwinds
No distinct edge detected
FTAI Infrastructure Inc. (FIP) owns and operates a diversified portfolio of North American infrastructure assets across four primary segments: Railroad, Ports and Terminals, Power and Gas, and Sustainability and Energy Transition. The company’s core business model focuses on acquiring and developing critical logistics hubs, including deep-water ports on the Delaware and Ohio Rivers and a network of eight freight railroads that serve industrial manufacturing facilities.
The company integrates traditional energy infrastructure, such as crude oil and refined product terminals, with emerging sectors like hydrogen-fueled power generation and carbon capture technology. Infrastructure assets of this nature often generate stable cash flows through long-term, fee-based contracts with third-party customers in the transportation and energy industries. Evaluating the underlying asset valuations on ValueRay can help clarify how these holdings align with your investment goals.
Headquartered in New York and incorporated in 2021, FIP maintains significant industrial real estate holdings, including a 1,630-acre deep-water port and underground storage facilities. This multi-modal approach allows the company to facilitate the movement of goods via rail, ship, and pipeline while expanding into renewable fuel production from waste plastics.
- Expanded throughput at Jefferson Terminal increases energy product transloading revenue
- Rail segment volume growth correlates with North American industrial production activity
- Long-term power purchase agreements stabilize cash flow from Ohio River assets
- Capital expenditures for energy transition projects impact short-term liquidity and leverage
- Regulatory shifts in carbon capture and clean fuels influence project valuation
| Net Income: -351.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA 3.03 > 1.0 |
| NWC/Revenue: -262.0% < 20% (prev -15.20%; Δ -246.8% < -1%) |
| CFO/TA -0.02 > 3% & CFO -101.7m > Net Income -351.7m |
| Net Debt (3.78b) to EBITDA (149.8m): 25.23 < 3 |
| Current Ratio: 0.20 > 1.5 & < 3 |
| Outstanding Shares: last quarter (116.7m) vs 12m ago -4.94% < -2% |
| Gross Margin: 20.54% > 18% (prev 0.00%; Δ 2.05k% > 0.5%) |
| Asset Turnover: 12.10% > 50% (prev 8.33%; Δ 3.77% > 0%) |
| Interest Coverage Ratio: -0.03 > 6 (EBITDA TTM 149.8m / Interest Expense TTM 305.3m) |
| A: -0.27 (Total Current Assets 397.6m - Total Current Liabilities 1.96b) / Total Assets 5.69b |
| B: -0.11 (Retained Earnings -625.9m / Total Assets 5.69b) |
| C: -0.00 (EBIT TTM -8.41m / Avg Total Assets 4.92b) |
| D: -0.15 (Book Value of Equity -712.1m / Total Liabilities 4.87b) |
| Altman-Z'' = -2.32 = D |
| DSRI: 0.85 (Receivables 97.4m/66.6m, Revenue 594.7m/345.1m) |
| GMI: 0.00 (GM 20.54% / 0.06%) |
| AQI: 0.73 (AQ_t 0.09 / AQ_t-1 0.13) |
| SGI: 1.72 (Revenue 594.7m / 345.1m) |
| TATA: -0.04 (NI -351.7m - CFO -101.7m) / TA 5.69b) |
| Beneish M = -3.74 (Cap -4..+1) = AAA |
As of June 02, 2026, the stock is trading at USD 4.57 with a total of 1,098,561 shares traded.
Over the past week, the price has changed by +1.33%,
over one month by -19.58%,
over three months by -27.14% and
over the past year by -19.78%.
FTAI Infrastructure has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy FIP.
- StrongBuy: 2
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 11.7 | 155.4% |
P/E Forward = 83.3333
P/S = 0.8861
P/B = 28.4271
Revenue TTM = 594.7m USD
EBIT TTM = -8.41m USD
EBITDA TTM = 149.8m USD
Long Term Debt = 3.79b USD (from longTermDebt, last quarter)
Short Term Debt = 36.5m USD (from shortTermDebt, last quarter)
Debt = 4.01b USD (from shortLongTermDebtTotal, last quarter) + Leases 96.6m
Net Debt = 3.78b USD (calculated: Debt 4.01b - CCE 227.4m)
Enterprise Value = 4.31b USD (527.0m + Debt 4.01b - CCE 227.4m)
Interest Coverage Ratio = -0.03 (Ebit TTM -8.41m / Interest Expense TTM 305.3m)
EV/FCF = -29.16x (Enterprise Value 4.31b / FCF TTM -147.7m)
FCF Yield = -3.43% (FCF TTM -147.7m / Enterprise Value 4.31b)
FCF Margin = -24.83% (FCF TTM -147.7m / Revenue TTM 594.7m)
Net Margin = -59.14% (Net Income TTM -351.7m / Revenue TTM 594.7m)
Gross Margin = 20.54% ((Revenue TTM 594.7m - Cost of Revenue TTM 472.6m) / Revenue TTM)
Gross Margin QoQ = 36.08% (prev 11.86%)
Tobins Q-Ratio = 0.76 (Enterprise Value 4.31b / Total Assets 5.69b)
Interest Expense / Debt = 7.62% (Interest Expense 305.3m / Debt 4.01b)
Taxrate = 21.0% (US default 21%)
NOPAT = -6.64m (EBIT -8.41m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.20 (Total Current Assets 397.6m / Total Current Liabilities 1.96b)
Debt / Equity = 4.01 (Debt 4.01b / totalStockholderEquity, last quarter 999.5m)
Debt / EBITDA = 25.23 (Net Debt 3.78b / EBITDA 149.8m)
Debt / FCF = -25.59 (negative FCF - burning cash) (Net Debt 3.78b / FCF TTM -147.7m)
Total Stockholder Equity = 842.6m (last 4 quarters mean from totalStockholderEquity)
RoA = -7.16% (Net Income -351.7m / Total Assets 5.69b)
RoE = -23.95% (Net Income TTM -351.7m / Total Stockholder Equity 1.47b)
RoCE = -0.16% (EBIT -8.41m / Capital Employed (Equity 1.47b + L.T.Debt 3.79b))
RoIC = -0.13% (negative operating profit) (NOPAT -6.64m / Invested Capital 5.14b)
WACC = 6.77% (E(527.0m)/V(4.53b) * Re(12.51%) + D(4.01b)/V(4.53b) * Rd(7.62%) * (1-Tc(0.21)))
Discount Rate = 12.51% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 71.91 | Cagr: 5.83%
[DCF] Fair Price = unknown (Cash Flow -147.7m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.35 | # QB: -3
Revenue Correlation: 87.66 | Revenue CAGR: 22.84% | SUE: 0.81 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.36 | Chg30d=+0.00% | Revisions=+0% | Analysts=3
EPS next Quarter (2026-09-30): EPS=-0.32 | Chg30d=+0.00% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=-1.38 | Chg30d=+0.00% | Revisions=-33% | GrowthEPS=+38.2% | GrowthRev=+56.6%
EPS next Year (2027-12-31): EPS=-0.68 | Chg30d=+0.00% | Revisions=-20% | GrowthEPS=+51.2% | GrowthRev=+30.6%
[Analyst] Revisions Ratio: -33%