Brookfield Infrastructure Partners LP (BIP) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Brookfield Infrastructure Partners LP stock $17.67, price $39.45, that is 55.2% below the price, quality 41 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range $18.33 – $42.11 · fair‑value band $10.23 – $38.46 · the $39.45 price screens above the $17.67 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Brookfield Infrastructure Partners L.P. engages in the utilities, transport, midstream, and data businesses.
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The company provides transmission of energy and natural gas, and distribution; transport infrastructure including freight, toll road operations, transportation services and intermodal logistics; midstream infrastructure, such as midstream and storage services; and data transmission and distribution operations.
In addition, it offers asset management, and wealth solutions. It operates in the United States, Canada, India, the United Kingdom, Brazil, Japan, Colombia, France, Australia, Germany, and internationally. The company was incorporated in 2007 and is based in Hamilton, Bermuda.
Stock analysis
Brookfield Infrastructure Partners LP (BIP) currently trades at $39.45, while our model-based Fair Value estimate is $17.67, 55% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $29.59 per share, and 2 of the 23 models we run sit above the $39.45 price.
Bear case: the Economic Profit group reads lowest at $5.79, and 21 of the 23 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $10.23 (bear) to $38.46 (bull), the price of $39.45 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 41/100 (below-average quality), in the Utilities sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Brookfield Infrastructure Partners LP reported revenue of $23.1B in FY2025 versus $11.5B in FY2021, a compound +19.0%/yr. Reported net income was $449M in FY2025, compounding −12.5%/yr from FY2021.
Key figures
Market cap $31.2B Large · P/E ratio 281.8 · P/S ratio 0.72 · EPS (TTM) $0.1400 · Dividend yield 4.5% · Net margin 1.3% · Return on equity 7.7% · Return on assets (EBIT) 4.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 44 out of 100 (medium confidence).
What moves the price
The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat.
The share trades about 6% below its 52-week high and 22% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −45% fair-value upside, at −55%, BIP screens richer than that median.
Fair Value models
Bear$10.23Fair Value $17.67Bull$38.46
Price $39.45 · Downside -55.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+9.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+17.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+21.1%
Start year 2020 (pandemic)
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+10.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+5.9%
Dividend (yield on the price)4.5%
Per share before 2020divided by the spin-off factor 1.12
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.5.9% vs 8.8%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.23% → 25%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+63.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +59.6% a year for the price.
News mood ⓘNews mood, the average tone of recent news (87 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: Infrastructure assets provide some durability, yet weak margins and elevated leverage with a low equity base limit moat signals and overall business quality.
Main risk: Elevated leverage with a low equity base forms the biggest risk to the business, which would hit refinancing options and financial flexibility in its infrastructure portfolio.
Brookfield Infrastructure is pushing ahead with its corporate simplification that would convert the partnership structure into a single listed corporation. This shift promises easier tax reporting and potentially wider ownership appeal while the underlying portfolio keeps expanding in data centers and traditional utilities. Our models currently see the shares as overvalued. Will the gains in liquidity and simplicity outweigh any limits this places on near-term investor interest?
Compare Brookfield Infrastructure Partners LP with another stock
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Utilities - Diversified · 49 stocks
Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score41 · Below median
Fair Value upside−55.2% · Bottom 25%
Profitability
Return on equity (12 months)7.7% · Below median
Return on assets1.7% · Bottom 25%
Net margin (12 months)6.3% · Above median
Operating margin (12 months)22.8% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)19.4% · Top 25%
Dividend yield (12 months)4.5% · Above median
Balance sheet
Debt / equity10.29× · Highest 25%
Valuation Multiplesvs Utilities - Diversified median · lower = cheaper
P/E (12 months)281.8× · Priciest 25%
P/B5.56× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months)6.13× · Priciest 25%
EV/EBITDA40.3× · Priciest 25%
PEG4.73× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)97· sector 43
PAST (return on equity)31· sector 35
HEALTH (low debt)0· sector 48
DIVIDEND (yield)90· sector 82
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Brookfield Infrastructure Partners LP (BIP) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of $17.67 versus a price of $39.45, about 55% lower (overvalued).
What is the fair value of BIP?
Our model-based fair value for Brookfield Infrastructure Partners LP is $17.67 (as of Nov 7, 2026), built from audited fundamentals. The current price: $39.45.
What is the quality score of BIP?
Brookfield Infrastructure Partners LP has a Quality Score of 41/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Brookfield Infrastructure Partners LP (BIP)?
Our model-based price target is the fair value of $17.67 (as of Nov 7, 2026) from 24 valuation models. Cautious scenario $10.23, optimistic scenario $38.46. It is a calculation from audited fundamentals, not an analyst target.
What is the Brookfield Infrastructure Partners LP stock forecast for 2026?
Our models put fair value at $17.67, about 55% lower versus a price of $39.45 (overvalued). Cautious scenario $10.23, optimistic scenario $38.46. The calculation is refreshed regularly with new filings.
What is the revenue of Brookfield Infrastructure Partners LP (BIP)?
Brookfield Infrastructure Partners LP reported trailing-twelve-month revenue of about $25.1B (latest available figure, as of Nov 7, 2026).
Does Brookfield Infrastructure Partners LP pay a dividend?
Brookfield Infrastructure Partners LP currently shows a dividend yield of 4.49% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Brookfield Infrastructure Partners LP (BIP) and when is the ex-dividend date?
Brookfield Infrastructure Partners LP pays a dividend of $1.77 per share a year, a dividend yield of 4.5%. The last ex-dividend date was Aug 31, 2026. A dividend has been paid every year since at least 2008. Free cash flow covers the dividend 0.33 times. Our assessment: Pays more than it earns. The company pays out more in dividends than it earns, and free cash flow clearly does not cover the dividend either. It may need to be cut unless profits recover.
What growth is priced into Brookfield Infrastructure Partners LP (BIP)?
For today's price to be fair in a discounted-cash-flow model, Brookfield Infrastructure Partners LP would have to grow free cash flow by +63.4 % per year for five years (discount rate 9.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +21.1 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of BIP use?
Our models discount Brookfield Infrastructure Partners LP at 9.3 %: a base by market capitalisation (large), damped by beta 1.03, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Brookfield Infrastructure Partners LP that is +63.4 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.3 %) and the same formula as our fair value.
How much growth has Brookfield Infrastructure Partners LP (BIP) delivered so far?
Over the past 5 years revenue at Brookfield Infrastructure Partners LP grew +21.1 % a year. The price currently implies free-cash-flow growth of +63.4 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Brookfield Infrastructure Partners LP (BIP) growing?
The median revenue growth in the sector is +4.5 % a year. That is the yardstick for the growth priced into Brookfield Infrastructure Partners LP (+63.4 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Brookfield Infrastructure Partners LP (BIP)?
The free-cash-flow yield on the price is 1.48 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow Brookfield Infrastructure Partners LP produces per unit of market value. When it exceeds the discount rate of our models (9.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Brookfield Infrastructure Partners LP (BIP)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Brookfield Infrastructure Partners LP it is $17.67 per share (as of Nov 7, 2026), against a price of $39.45. It is the blended result of 24 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit, Growth Earnings).
Is Brookfield Infrastructure Partners LP stock overvalued or undervalued in 2026?
As of Nov 7, 2026, BIP trades above its calculated fair value: price $39.45, fair value $17.67, a gap of about −55% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BIP?
No. The price is what the market pays today ($39.45); the fair value is what the company's own numbers justify ($17.67). For Brookfield Infrastructure Partners LP the two are $21.78 per share apart. That gap is exactly why we show both numbers side by side.
How much is Brookfield Infrastructure Partners LP worth?
The market values Brookfield Infrastructure Partners LP at about $31.2B (market capitalisation, as of Nov 7, 2026). Per share that is $39.45; our models calculate a fair value of $17.67 per share.
What do the bullish and bearish scenarios say about BIP?
Our models span a range for Brookfield Infrastructure Partners LP: cautious scenario $10.23, base $17.67, optimistic $38.46 per share (as of Nov 7, 2026, price $39.45). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BIP?
Brookfield Infrastructure Partners LP trades at a price-to-earnings ratio of 281.8 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $17.67 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 43.8 (reported for FY2025: 40.4). Other multiples: PEG 4.7, P/B 5.6, P/S 6.1, EV/EBITDA 40.3.
What is the PEG ratio of BIP?
The PEG ratio of Brookfield Infrastructure Partners LP is 4.73 (P/E divided by earnings growth, as of Nov 7, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Brookfield Infrastructure Partners LP (BIP)?
Balance-sheet figures for Brookfield Infrastructure Partners LP (as of Nov 7, 2026): return on equity 7.7%, debt of 10.29 per unit of equity. They feed the Quality Score of 41/100, which measures business quality independently of the share price.
How far is BIP from its 52-week high?
Brookfield Infrastructure Partners LP trades at $39.45, about 6% below its 52-week high of $42.11 and 22% above the low of $32.26 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $17.67 is for.
Which stocks are comparable to Brookfield Infrastructure Partners LP?
From the same area (Utilities) we also value Iberdrola, S.A, Enel SpA, Engie SA, E.ON SE, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Brookfield Infrastructure Partners LP stock attractive at the current price?
The data as of Nov 7, 2026: price $39.45, calculated fair value $17.67 (−55%), Quality Score 41/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BIP calculated?
We run Brookfield Infrastructure Partners LP through 24 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $17.67 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Brookfield Infrastructure Partners LP itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Brookfield Infrastructure Partners LP (BIP)?
The closing price on Nov 6, 2026 was $39.45. Our model-based fair value is $17.67, about 55% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Brookfield Infrastructure Partners LP right now?
The price sits above even our optimistic bull case ($38.46). The favourable scenario is already priced in. Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide ($10.23 to $38.46). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Where does the earnings growth of Brookfield Infrastructure Partners LP (BIP) come from?
Earnings per share at Brookfield Infrastructure Partners LP grew +3.1 % a year from 2014 to 2025. Broken into its drivers: revenue per share +26.2 %, EBIT margin −1.2 %, tax rate −7.3 %, residual (interest, one-offs) −10.8 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Brookfield Infrastructure Partners LP
How large is the market capitalisation of Brookfield Infrastructure Partners LP (BIP)?
The market capitalisation of Brookfield Infrastructure Partners LP is $31.2B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Brookfield Infrastructure Partners LP (BIP)?
The price-to-sales ratio of Brookfield Infrastructure Partners LP is 0.72 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Brookfield Infrastructure Partners LP (BIP)?
Earnings per share at Brookfield Infrastructure Partners LP are $0.1400 (price ÷ EPS = P/E 281.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Brookfield Infrastructure Partners LP (BIP)?
The dividend yield of Brookfield Infrastructure Partners LP is 4.5%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Brookfield Infrastructure Partners LP (BIP)?
The net margin of Brookfield Infrastructure Partners LP is 1.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Brookfield Infrastructure Partners LP (BIP)?
The return on equity (ROE) of Brookfield Infrastructure Partners LP is 7.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Brookfield Infrastructure Partners LP (BIP)?
On an EBIT basis the return on assets of Brookfield Infrastructure Partners LP is 4.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Brookfield Infrastructure Partners LP (BIP)?
The operating margin of Brookfield Infrastructure Partners LP is 22.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Brookfield Infrastructure Partners LP (BIP)?
Revenue at Brookfield Infrastructure Partners LP is growing +19.4% versus a year earlier (3y avg +17.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Brookfield Infrastructure Partners LP (BIP)?
Earnings per share at Brookfield Infrastructure Partners LP are growing +107% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Brookfield Infrastructure Partners LP (BIP) carry?
The net debt of Brookfield Infrastructure Partners LP is $65.9B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Nov 7, 2026