(BIPC) Brookfield Infrastructure - NYSE
Sector: Utilities | Industry: Utilities - Regulated Gas | Exchange: NYSE (USA) | Market Cap: 4.984m USD | Total Return: 1.8% in 12m
Avg Turnover: 40.9M
Qual. Beats: -2
Rev. Trend: 85.3%
Qual. Beats: 0
Warnings
Negative Equity with losses - insolvent profile
Altman Z'' -2.81 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
No distinct edge detected
Brookfield Infrastructure Corporation (BIPC) owns and operates a diversified portfolio of regulated utility assets across Brazil, the United Kingdom, and international markets. Its primary operations include natural gas transmission pipelines in Brazil, electricity and gas connections in the UK, and an intermodal container fleet managed under long-term contracts.
As a utility operator, BIPC relies on a business model centered on long-term, inflation-linked contracts and regulated frameworks that provide predictable cash flows. The infrastructure sector often exhibits low correlation to traditional equity markets due to the essential nature of gas and power transmission services.
Investors may find ValueRay useful for analyzing the underlying valuation of these regulated assets. BIPC functions as a corporate vehicle for Brookfield Infrastructure Partners L.P., providing shareholders with the same economic exposure as the partnership but through a traditional corporate structure.
- Regulated utility rate adjustments in Brazil and UK drive consistent cash flow growth
- Global interest rate fluctuations impact valuation of capital-intensive infrastructure assets
- Inflation-linked contractual escalators protect margins across gas and electricity networks
- Expansion of intermodal container fleet utilization increases long-term recurring revenue
- Regulatory shifts in South American energy markets influence regional investment returns
| Net Income: -745.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -2.24 > 1.0 |
| NWC/Revenue: -335.9% < 20% (prev -83.93%; Δ -252.0% < -1%) |
| CFO/TA 0.06 > 3% & CFO 1.55b > Net Income -745.6m |
| Net Debt (12.9b) to EBITDA (3.45b): 3.73 < 3 |
| Current Ratio: 0.16 > 1.5 & < 3 |
| Outstanding Shares: last quarter (133.0m) vs 12m ago 11.72% < -2% |
| Gross Margin: 63.46% > 18% (prev 62.27%; Δ 1.19% > 0.5%) |
| Asset Turnover: 15.55% > 50% (prev 16.28%; Δ -0.72% > 0%) |
| Interest Coverage Ratio: 1.59 > 6 (EBIT TTM 1.90b / Interest Expense TTM 1.19b) |
| A: -0.50 (Total Current Assets 2.28b - Total Current Liabilities 14.5b) / Total Assets 24.2b |
| B: 0.01 (Retained Earnings 156.0m / Total Assets 24.2b) |
| C: 0.08 (EBIT TTM 1.90b / Avg Total Assets 23.4b) |
| D: -0.07 (Book Value of Equity -1.46b / Total Liabilities 22.3b) |
| Altman-Z'' = -2.81 = D |
| DSRI: 0.67 (Receivables 1.69b/2.56b, Revenue 3.64b/3.67b) |
| GMI: 0.98 (GM 62.27% / 63.46%) |
| AQI: 1.04 (AQ_t 0.32 / AQ_t-1 0.31) |
| SGI: 0.99 (Revenue 3.64b / 3.67b) |
| TATA: -0.09 (NI -745.6m - CFO 1.55b) / TA 24.2b) |
| Beneish M = -3.31 (Cap -4..+1) = AA |
As of June 20, 2026, the stock is trading at USD 39.61 with a total of 1,496,853 shares traded.
Over the past week, the price has changed by -2.10%,
over one month by -2.02%,
over three months by -3.09% and
over the past year by +1.80%.
Brookfield Infrastructure has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy BIPC.
- StrongBuy: 1
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 46 | 16.1% |
P/S = 1.3718
P/B = 37.489
Revenue TTM = 3.64b USD
EBIT TTM = 1.90b USD
EBITDA TTM = 3.45b USD
Long Term Debt = 12.1b USD (from longTermDebt, last quarter)
Short Term Debt = 13.4b USD (from shortTermDebt, last quarter)
Debt = 13.4b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 12.9b USD (calculated: Debt 13.4b - CCE 589.0m)
Enterprise Value = 17.8b USD (4.98b + Debt 13.4b - CCE 589.0m)
Interest Coverage Ratio = 1.59 (Ebit TTM 1.90b / Interest Expense TTM 1.19b)
EV/FCF = 108.9x (Enterprise Value 17.8b / FCF TTM 163.8m)
FCF Yield = 0.92% (FCF TTM 163.8m / Enterprise Value 17.8b)
FCF Margin = 4.50% (FCF TTM 163.8m / Revenue TTM 3.64b)
Net Margin = -20.50% (Net Income TTM -745.6m / Revenue TTM 3.64b)
Gross Margin = 63.46% ((Revenue TTM 3.64b - Cost of Revenue TTM 1.33b) / Revenue TTM)
Gross Margin QoQ = 60.97% (prev 64.44%)
Tobins Q-Ratio = 0.74 (Enterprise Value 17.8b / Total Assets 24.2b)
Interest Expense / Debt = 8.87% (Interest Expense 1.19b / Debt 13.4b)
Taxrate = 35.48% (391.7m / 1.10b)
NOPAT = 1.22b (EBIT 1.90b * (1 - 35.48%))
Current Ratio = 0.16 (Total Current Assets 2.28b / Total Current Liabilities 14.5b)
Debt / Equity = -9.21 (negative equity) (Debt 13.4b / totalStockholderEquity, last quarter -1.46b)
Debt / EBITDA = 3.73 (Net Debt 12.9b / EBITDA 3.45b)
Debt / FCF = 78.47 (Net Debt 12.9b / FCF TTM 163.8m)
Total Stockholder Equity = -1.30b (last 4 quarters mean from totalStockholderEquity)
RoA = -3.19% (Net Income -745.6m / Total Assets 24.2b)
RoE = 57.41% (negative equity) (Net Income TTM -745.6m / Total Stockholder Equity -1.30b)
RoCE = 17.62% (EBIT 1.90b / Capital Employed (Equity -1.30b + L.T.Debt 12.1b))
RoIC = 5.33% (NOPAT 1.22b / Invested Capital 23.0b)
WACC = 6.76% (E(4.98b)/V(18.4b) * Re(9.58%) + D(13.4b)/V(18.4b) * Rd(8.87%) * (1-Tc(0.35)))
Discount Rate = 9.58% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -38.65 | Cagr: -3.16%
[DCF] Terminal Value 73.10% ; FCFF base≈361.3m ; Y1≈316.9m ; Y5≈256.0m
[DCF] Fair Price = N/A (negative equity: EV 4.11b - Net Debt 12.9b = -8.74b; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.96 | # QB: -2
Revenue Correlation: 85.30 | Revenue CAGR: 24.83% | SUE: 0.75 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.38 | Chg30d=N/A | Revisions=+20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.27 | Chg30d=N/A | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=0.13 | Chg30d=N/A | Revisions=+20% | GrowthEPS=+142.6% | GrowthRev=+5.4%
EPS next Year (2027-12-31): EPS=1.31 | Chg30d=N/A | Revisions=+20% | GrowthEPS=+907.7% | GrowthRev=+6.2%