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Brookfield Infrastructure Partners L.P. (BIP) Fair Value & Analysis

Utilities · US · Market cap $29.5B

BI Brookfield Infrastructure Partners L.P. logo Brookfield Infrastructure Partners L.P. BIP · US
Price$39.04
Fair Value$17.66
Upside-54.8%
Quality41/100
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Expensive Growth
Thin margins · 1.4% net margin
High debt · generates free cash flow
4.78% dividend yield
Mixed vs. peers (6/15)
Moderate moat 46/100
Evidence: Medium Range $13.25 – $22.08 Share as image

Fair value as of: Jul 14, 2026

From 21 valuation models · updated 27 days ago

Fair value updated Jul 14, 2026, revised from $22.10 to $17.66 (−20.1%) since Jun 24, 2026. Share price +4.5% over the past month.

Below-average quality, and screening another 55% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case ($22.08). 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.
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Price vs Fair Value (5 years)

$42.62 $18.55 Fair Value $17.66 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range $18.55 – $42.62 · fair‑value band $13.25 – $22.08 · the $39.04 price screens above the $17.66 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 14, 2026.

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Analysis

Brookfield Infrastructure Partners L.P. (BIP) currently trades at $39.04, while our model-based Fair Value estimate is $17.66, implying the stock looks roughly 54.8% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Utilities sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Brookfield Infrastructure Partners L.P. generated revenue of $24.0B at a net margin of 1.4%. Revenue grew 16.9% year over year. It earns a return on equity of 6.7%. Net debt stands at $65.9B. Fundamentals as of Jul 14, 2026

Our scenario range runs from $13.25 (bear case) to $22.08 (bull case); at $39.04, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 2% below its 52-week high and 38% above its 52-week low, currently above its 200-day average. For context, the median of 10 Utilities peers we cover trades at -43% fair-value upside, at -55%, BIP screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income $10.33 $11.11 $12.45 76
Rev-Margin DCF $49.36 $226.87 74
ROIC Compounder $7.20 $42.32 72
All 21 models by family
DCF Models
5Y Revenue Exit $28.45 $183.99 39
5Y EBITDA Exit $4.99 $129.74 $375.49 41
10Y Revenue Exit $41.77 $124.53 36
10Y EBITDA Exit $149.64 $474.90 37
Earnings-Based
Graham-Dodd $6.67 $46.53 $65.30 54
Lynch FV $24.04 $34.34 $44.64 50
PEG = 1.0 $24.04 $34.34 $44.64 46
EPV $7.20 $23.01 59
Dividend Discount
Gordon GGM $34.97 $72.72 $115.36 70
DDM Multi-Stage $34.97 $61.32 $76.32 61
Multiples
P/E Multiple $13.25 $17.66 $22.08 63
P/S Multiple $12.51 $16.68 $20.85 58
P/B Multiple $12.51 $16.68 $20.85 55
EV/EBIT $23.26 $70.77 $118.29 53
EV/EBITDA $41.70 $95.36 $149.02 54
EV/Revenue $6.92 $44.78 43
Asset-Based
NCAV (Graham) $6.14 $8.23 $12.28 50
Growth DCF
Rev-Margin DCF $49.36 $226.87 74
Economic Profit
Residual Income $10.33 $11.11 $12.45 76
ROIC Compounder $7.20 $42.32 72
Growth Earnings
Growth-Adj P/E $30.04 $42.92 $55.79 68

Widest divergence: Dividend Discount ($61.32) versus Economic Profit ($7.20). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) $24.0B
Revenue growth (YoY) +16.9%
Net margin 1.4%
Return on equity 6.7%
Free cash flow $268M FY2025
P/E ratio 56.6
More key figures
Operating margin 25.2%
EPS (TTM) $0.6600
Dividend yield 4.8%
EPS growth (YoY) +107%
Net debt $65.9B FY2025

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 39 · Market factors (momentum, volatility) 68

Profitability 18
Margins and returns on capital today
Quality Growth 61
Are margins and returns improving?
Cashflow 52
Earnings quality: real cash, not paper profit
Fin. Strength 4
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 73
Calm price path (market factor)
Momentum 58
Price trend over the last 3–12 months (market factor)
52W Momentum 81
Distance to the 52-week high (market factor)
Net Issuance 83
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Brookfield Infrastructure Partners L.P. engages in the utilities, transport, midstream, and data businesses. 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 …

Full company description

Brookfield Infrastructure Partners L.P. engages in the utilities, transport, midstream, and data businesses. 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.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Brookfield Infrastructure Partners L.P. 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.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
$23.1B
Latest YoY
+9.8%
Avg. growth/yr (3Y)
+17.0%
Avg. growth/yr (5Y)
+21.1%
Avg. growth/yr (17Y)
+47.0%
Revenue +19.0%/yr
FY21 $11.5B
FY22 $14.4B
FY23 $17.9B
FY24 $21.0B
FY25 $23.1B
Net income −12.5%/yr
FY21 $766M
FY22 $341M
FY23 $367M
FY24 $351M
FY25 $449M

BIP screens 55% overvalued. Compare with Iberdrola, S.A →

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Cite: Fair Value Calculator (2026). "Brookfield Infrastructure Partners L.P. Fair Value". https://www.fairvalue-calculator.com/stock/BIP

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Utilities - Diversified · 51 stocks

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.

Quality Score 41 · Below median
Fair Value upside −55% · Bottom 25%
Return on equity (TTM) 7% · Below median
Return on assets 3% · Above median
Net margin (TTM) 1% · Bottom 25%
Operating margin (TTM) 25% · Top 25%
Revenue growth 17% · Top 25%
Dividend yield (TTM) 4.8% · Top 25%
Debt / equity 10.29× · Higher than 75% of peers

Valuation Multiples vs Utilities - Diversified median · lower = cheaper

P/E (TTM) 56.6× · Pricier than 75% of peers
P/B 5.25× · Pricier than 75% of peers
P/S (TTM) 1.23× · Cheaper than median
P/FCF 110.0× · Pricier than 75% of peers
EV/EBITDA 8.3× · Cheaper than median
PEG 4.73× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 14
FUTURE 85 · sector 0
PAST 27 · sector 33
HEALTH 0 · sector 49
DIVIDEND 96 · sector 80

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Utilities - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
Iberdrola, S.A IBE €21.25 €9.34 -56%
Enel SpA ENEL €10.28 €5.83 -43%
Engie SA 1ENGI €26.59 €17.39 -35%
Sempra SRE $93.15 $47.77 -49%
E.ON SE EOAN €19.34 €11.71 -39%
RWE Aktiengesellschaft generates and 1RWE €56.52 €29.64 -48%
ACWA Power Company 2082 198.20 SAR 25.38 SAR -87%
EnBW Energie Baden-Württemberg AG EBK €69.00 €21.11 -69%
EDP, S.A EDP €4.41 €3.81 -14%
Origin Energy Limited ORG A$10.38 A$10.36 -0%

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Frequently asked questions

Is Brookfield Infrastructure Partners L.P. (BIP) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of $17.66 versus a price of $39.04, about −55% (overvalued).
What is the fair value of BIP?
Our model-based fair value for Brookfield Infrastructure Partners L.P. is $17.66 (as of Jul 14, 2026), built from audited fundamentals. The current price is $39.04.
What is the quality score of BIP?
Brookfield Infrastructure Partners L.P. 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 revenue of Brookfield Infrastructure Partners L.P. (BIP)?
Brookfield Infrastructure Partners L.P. reported trailing-twelve-month revenue of about $24.0B (latest available figure, as of Jul 14, 2026).
What is the net profit margin of BIP?
The net profit margin of Brookfield Infrastructure Partners L.P. is about 1.4%, meaning it keeps roughly 1.4% of revenue as net income. Based on the latest reported figures.
Does Brookfield Infrastructure Partners L.P. pay a dividend?
Brookfield Infrastructure Partners L.P. currently shows a dividend yield of about 4.78% relative to its recent price (as of Jul 14, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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