BIP-PF chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 29.36
Dividend & Yield1.27C$ (5.89%)
Beta 0.8
Market capitalization 8.49B
Operating cash flow 2.95B
ESG Scores unknown

Company description

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 61,000 kilometers (km) of operational electricity transmission and distribution lines; 5,300 km of electricity transmission lines; 4,200 km of natural gas pipelines; 7.3 million electricity and natural gas connections; and 360,000 long-term contracted sub-metering services. This segment also offers heating and cooling 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 13 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 3,900 km of gas gathering pipelines, as well as one petrochemical processing complex. Its Data segment operates approximately 148,000 operational telecom towers; 8,000 multi-purpose towers and active rooftop sites; 10,000 km of fiber backbone; 1,600 cell sites and approximately 12,000 km of fiber optic cable; and 2,100 active telecom towers and 70 distributed antenna systems, as well as 50 data centers and 200 megawatts of critical load capacity. The company was founded in 2007 and is based in Hamilton, Bermuda. Brookfield Infrastructure Partners L.P. is a subsidiary of Brookfield Asset Management Inc.

Sector: Utilities - Industry: Utilities—Diversified

Financial Ratios
Quick Ratio0.52
Working Capital-0.17
Return On Equity0.11
Debt To Equity4.62
Fixed Asset Ratio0.22
Fixed Interest Cover1.96

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -305M 146M -89M -323M
Total Cashflows From Investing Activities -5.56B -11.37B -4.61B -1.17B
Net Borrowings 3.96B 3.87B 1.51B 589M
Total Cash From Financing Activities 4.42B 9.54B 2.13B -995M
Change To Operating Activities 5M -120M -415M -11M
Issuance Of Stock 14M 559M 9M 1.07B
Net Income 192M 52M 156M 654M
Change In Cash 166M 287M 40M 539M
Effect Of Exchange Rate -50M -13M -7M -65M
Total Cash From Operating Activities 1.36B 2.14B 2.53B 2.77B
Depreciation 801M 1.21B 1.71B 2.04B
Change To Account Receivables 176M 42M 284M -190M
Other Cashflows From Financing Activities 677M 5.68B 1.03B -2.01B
Change To Netincome 493M 809M 889M 606M
Capital Expenditures -839M -1.18B -1.47B -2.07B

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 1.17B 928M 1.2B 3.33B
Net Income 192M 52M 156M 654M
Selling General Administrative 223M 279M 312M 406M
Gross Profit 2.44B 1.99B 2.34B 3.29B
Ebit 1.42B 1.71B 2.02B 2.88B
Operating Income 1.42B 1.71B 2.02B 2.88B
Interest Expense -555M -904M -1.18B -1.47B
Income Tax Expense 364M 278M 291M 614M
Total Revenue 4.65B 6.6B 8.88B 11.54B
Cost Of Revenue 2.21B 4.61B 6.55B 8.25B
Total Other Income ExpenseNet -250M -781M -830M 449M
Net Income From Continuing Ops 806M 650M 904M 2.72B
Net Income Applicable To Common Shares 163M 19M 121M 613M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 21.91B 34.13B 39.66B 47.57B
Total Stockholder Equity 4.51B 5.05B 4.23B 5.7B
Other Current Liabilities 384M 2.23B 1.3B 2.08B
Total Assets 36.58B 56.31B 61.33B 73.96B
Common Stock 4.91B 5.5B 5.53B 6.07B
Other Current Assets 123M 2.49B 34M 225M
Retained Earnings -856M -1.43B -2.29B -2.12B
Treasury Stock 458M 983M 992M 1.75B
Cash 540M 827M 867M 1.41B
Total Current Liabilities 2.42B 5.44B 5.52B 8.66B
Other Stockholder Equity 458M 983M 992M 1.75B
Property, Plant, and Equipment 12.81B 23.01B 31.58B 38.66B
Total Current Assets 2.28B 5.84B 3.71B 4.9B
Net Tangible Assets -10.98B -15.89B -14.17B -17.49B
Net Receivables 1.1B 1.8B 1.54B 1.92B
Accounts Payable 463M 973M 1.46B 1.88B


Insider Transactions

Here are the insider transactions of stock shares related to BIP-PF:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to BIP-PF. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on BIP-PF

Here is the result of two systematic investment strategies applied to BIP-PF. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on BIP-PF

The following chart shows the equity curve of the two systematic investment strategies applied to BIP-PF:

BIP-PF automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -5.72% on the backtest period.

Performance at glance

Performance

-5.72 %

Latent gain

-44.05 C$

Invested capital

769.76 C$

Annualized return

-4.47 %
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Momentum strategy results on BIP-PF

This is the result of two momentum investment strategies applied to BIP-PF. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on BIP-PF

The following chart shows all the entries opened by the momentum investment system on BIP-PF:

BIP-PF momentum entries
  • The first momentum investment strategy would give -8.44% of return on BIP-PF. That represents -151.1C$ of latent gain with 1789.8C$ of employed capital.
  • The second momentum investment strategy would give -8.51% of return on BIP-PF. That represents -130.7C$ of latent gain with 1535.3C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-8.44 %

Latent gain

-151.1 C$

Invested capital

1789.8 C$

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

-8.51 %

Latent gain

-130.7 C$

Invested capital

1535.3 C$

Annualized return

-10.64 %

Momentum equity curve on BIP-PF

The following chart shows the equity curve of the two momentum strategies applied to BIP-PF:

BIP-PF momentum equity

Note: the dividends potentially given by BIP-PF are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BIP-PF

The following chart shows the employed capital evolution of the two momentum strategies on BIP-PF since the beginning:

BIP-PF

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on BIP-PF

Buy the dip entry openings on BIP-PF

BIP-PF

The performance achieved by the robo-advisor on BIP-PF is 0%. That represents 0.0$ of latent gain with 0.0C$ of employed capital. The following chart shows BIP-PF stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of BIP-PF, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

-0.0 %

Equity curve of the strategy applied to BIP-PF

The following chart shows the result of the investment strategy applied to BIP-PF:

BIP-PF

Note: the dividends potentially given by BIP-PF are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BIP-PF

The following chart shows the employed capital evolution since the beginning of the investment strategy on BIP-PF:

BIP-PF

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on BIP-PF

In this section, I will compare the three previous investment strategies applied to BIP-PF.

Equity curve comparison on BIP-PF

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

BIP-PF investment strategy comparison

Employed capital comparison on BIP-PF

BIP-PF investment comparison

Performance comparison on BIP-PF

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -5.72% -44.05C$ 769.76C$ -4.47%
Momentum 1 quarter -8.44% -151.1C$ 1789.8C$ -8.12%
Momentum 2 quarters -8.51% -130.7C$ 1535.3C$ -10.64%
Non-directional 0% 0.0C$ 0.0C$ -0.0%
Annualized return comparison

Automatic investment

-4.47 %

Momentum 1Q

-10.64 %

Momentum 2Q

-10.64 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with BIP-PF:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between BIP-PF and the other stocks. There may be false positives or some missing correlated stocks. If the price of BIP-PF does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name BIP-PF
Country Bermuda
City Hamilton
Address 73 Front Street
Phone
Website www.bip.brookfield.com
FullTime employees
Industry Utilities—Diversified
Sector Utilities
Exchange XTSE
Ticker BIP-PF.XTSE
Market

BIP-PF ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown