Professional
Added to YB: 2025-04-07
Pitch date: 2025-04-03
BIP [neutral]
Brookfield Infrastructure Partners L.P.
+23.68%
current return
Author Info
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Company Info
Brookfield Infrastructure Partners L.P. engages in the utilities, transport, midstream, and data businesses.
Market Cap
$16.3B
Pitch Price
$27.56
Price Target
N/A
Dividend
4.87%
EV/EBITDA
10.77
P/E
50.29
EV/Sales
4.93
Sector
Multi-Utilities
Category
value
BIP: 4Q24 Magic in The Unreported Quarter
BIP (bearish): NAV eroding due to high fees (9.1%) & distributions (14.1%). Q4 asset revaluations ($1.4B) offset FX losses, masking decline. 2024 NAV/unit -12.3% (IFRS), -24.1% adjusted. 15% fund returns can't cover 26% expenses. Equity raise needed at 3x NAV to survive, but dilutive for investors.
Read full article (4 min)