BIP-UN : Brookfield Infrastructure Partners L.P Stock Profile

Last Updated: 3/12/2024 0:47:16

Brookfield Infrastructure Partners L.P trades with the ticker BIP-UN on the TSX and is in the Utilities – Diversified industry.

Overview
Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company’s Utilities segment operates approximately 60,000 kilometers (km) of operational electricity transmission and distribution lines; 2,900 km of electricity transmission lines; 4,200 km of natural gas pipelines; 7.8 million electricity and natural gas connections; and 540,000 long-term contracted sub-metering services. This segment also offers heating, cooling, and energy solutions; gas distribution; water heaters; and heating, ventilation, and air conditioner rental, as well as other home services. Its Transport segment offers transportation, storage, and handling services for merchandise goods, commodities, and passengers through a network of approximately 22,000 km of track; 5,500 km of track network; 4,800 km of rail; 3,800 km of motorways; and 11 port terminals. The company’s Midstream segment offers natural gas transmission, gathering and processing, and storage services through approximately 15,000 km of natural gas transmission pipelines; 600 billion cubic feet of natural gas storage; 17 natural gas processing plants; and 10,600 km of gas gathering pipelines, as well as 525,000 tonnes polypropylene production capacity. Its Data segment operates approximately 207,000 operational telecom towers; approximately 46,600 km of fiber optic cables; approximately 881,000 fiber-to-the-premise connections; two semiconductor manufacturing facilities; and 70 distributed antenna systems, as well as 50 data centers and 230 megawatts of critical load capacity. The company was incorporated in 2007 and is based in Hamilton, Bermuda.Brookfield Infrastructure Partners L.P operates as a subsidiary of Brookfield Corporation.
 

Looking to invest in Brookfield Infrastructure Partners L.P? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

BIP-UN.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $18993.584MM

PE Ratio: 216.316

Price: #N/A (Updated: 3/12/2024 0:47:16)



Brookfield Infrastructure Partners L.P (BIP-UN) vs Competitors in Utilities – Diversified

Lets see how BIP-UN.TO stacks up against others in the Utilities – Diversified asset management industry. We have identified its main peers as:

ATCO Ltd, Canadian Utilities Limited, Canadian Utilities Limited, Canadian Utilities Limited

.

Utilities – Diversified Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
ATCO Ltd (ACO-X) $4,273.008 9.976 6.286 5.1%
Brookfield Infrastructure Partners L.P (BIP-UN) $18,993.584 216.316 10.744 5.4%
Canadian Utilities Limited (CU) $6,352.558 13.343 8.65 5.8%
Canadian Utilities Limited (CU-X) $8,731.099 15.78 10.131 5.2%
Brookfield Infrastructure Partners L.P (BIP-UN) $18,993.584 216.316 10.744 5.4%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Utilities – Diversified

  • Brookfield Infrastructure Partners L.P (BIP-UN) vs ATCO Ltd (ACO-X)
    • ACO-X has higher EPS (3.82 vs 0.19). BIP-UN has higher dividend yield (5.4% vs 5.1%). BIP-UN has a higher P/E ratio (216.316 vs 9.976) indicating it’s more expensive.
  • Brookfield Infrastructure Partners L.P (BIP-UN) vs Canadian Utilities Limited (CU)
    • CU has higher EPS (2.33 vs 0.19). CU has higher dividend yield (5.8% vs 5.4%). BIP-UN has a higher P/E ratio (216.316 vs 13.343) indicating it’s more expensive.
  • Brookfield Infrastructure Partners L.P (BIP-UN) vs Canadian Utilities Limited (CU-X)
    • CU-X has higher EPS (2.18 vs 0.19). BIP-UN has higher dividend yield (5.4% vs 5.2%). BIP-UN has a higher P/E ratio (216.316 vs 15.78) indicating it’s more expensive.
  • Brookfield Infrastructure Partners L.P (BIP-UN) vs Canadian Utilities Limited (CU)
    • CU has higher EPS (2.33 vs 0.19). CU has higher dividend yield (5.8% vs 5.4%). BIP-UN has a higher P/E ratio (216.316 vs 13.343) indicating it’s more expensive.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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