BIPC : Brookfield Infrastructure Corp Stock Profile

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

Brookfield Infrastructure Corp trades with the ticker BIPC on the TSX and is in the Utilities – Regulated Gas industry.

Overview
Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in the United Kingdom; and electricity transmission and distribution, as well as gas distribution in Australia. It operates approximately 2,000 kilometers of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais; 4.3 million gas and electricity connections; and 60,000 kilometers of operational electricity transmission and distribution lines in Australia. The company was incorporated in 2019 and is headquartered in New York, New York. Brookfield Infrastructure Corporation operates as a subsidiary of Brookfield Infrastructure Partners L.P.
 

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

BIPC.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $6183.296MM

PE Ratio: 41.504

Price: 34.67 (Updated: 3/12/2024 0:47:16)



Brookfield Infrastructure Corp (BIPC) vs Competitors in Utilities – Regulated Gas

Lets see how BIPC.TO stacks up against others in the Utilities – Regulated Gas asset management industry. We have identified its main peers as:

Brookfield Infrastructure Corporation, Superior Plus Corp

.

Utilities – Regulated Gas Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Brookfield Infrastructure Corporation (BIPC) $6,183.296 41.504 10.693 N/A%
Superior Plus Corp (SPB) $2,446.224 42.783 8.624 7.3%
Brookfield Infrastructure Corp (BIPC) $6,183.296 41.504 10.693 N/A%

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 – Regulated Gas

  • Brookfield Infrastructure Corp (BIPC) vs Brookfield Infrastructure Corporation (BIPC)
    • BIPC has higher EPS (1.13 vs 1.13). BIPC has a higher P/E ratio (41.504 vs 41.504) indicating it’s more expensive.
  • Brookfield Infrastructure Corp (BIPC) vs Superior Plus Corp (SPB)
    • BIPC has higher EPS (1.13 vs 0.23). SPB provides dividends, while BIPC does not. SPB has a higher P/E ratio (42.783 vs 41.504) indicating it’s more expensive.

Our Recommendation: Hold
Has a lower P/E ratio (41.50) than the industry average (41.93), indicating potential undervaluation.
 

How to Buy BIPC stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

ImageProduct TitleFeaturesPrice
Editor's Choice
Wealthsimple Trade

Wealthsimple Trade

  • ETF buys and sells have $0 trading fees
  • Desktop and mobile trading
  • Reputable Brand
  • Beautiful Design
Get $25 Signup Bonus
Reliable Pick
Questrade

Questrade

  • ETF buys have $0 trading fees
  • Desktop and mobile trading
  • Most types of accounts available
Get $50 Free Stock Trades
 
Photo of author
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.

Check Out These Posts:

Leave a Comment