Stock fact sheet · data as of
Brookfield Infrastructure Partners L.P. (BIP): fair value, margin of safety and Wheel Score
Utilities · Diversified Utilities · Bermuda · High Yield Income
Is BIP undervalued?
BIP closed at 37.27 on 16 Oct 2026, more than 30% above the GLS average fair value of 26.64. Only 1 of the 7 models that produced a value sit above the price. By our models the shares are priced well beyond what the filed earnings, cash flow and book value support; the Sunday Scan drops names like this at the "below fair value" rule.
There is a wide gap between EPV (9.83) and 10 Cap (69.25). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files BIP under High Yield Income: a dividend yield above 4%.
Nine valuation models for BIP
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 14.96 | -60% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 33.01 | -11% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 13.12 | -65% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 19.89 | -47% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 69.25 | +86% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 26.41 | -29% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 9.83 | -74% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -175.10 | -570% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 48.50 | +30% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Brookfield Infrastructure Partners L.P. scores 5 of 9 on the Piotroski F-score: a middling result that falls one point short of the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. On durability BIP scores 5.7/10 on the GLS Moat - a middle reading; the Scorecard on the Quote page's Financials tab shows which ten-year lines are steady and which are not.
Returns on capital are thin or negative - ROIC 0.6%, ROE 8.0%, ROA 0.4% - with debt at 12.30 times equity and negative free cash flow. Debt of 12.30 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
The dividend yield is high at 4.82% (payout ratio 524%) - a payout above 100% of earnings, which is not covered by profits. A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 7/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | 0.6% |
|---|---|---|---|
| GLS Moat | 5.7 / 10 | ROE | 8.0% |
| Debt / equity | 12.30 | ROA | 0.4% |
| Free-cash-flow yield | -3.4% | Payout ratio | 524% |
| Institutions | 7 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 48: Weak
With a Wheel Score of 48 Brookfield Infrastructure Partners L.P. sits in the Weak band. The parts - Value 0/25, Health 11/20, Moat 9/15, Premium 12/20, Stability 17/20 - show where: Value (0/25) scores lowest.
Implied volatility is 27% on the near-the-money contracts 20-60 days out: some premium, but under the 35-60% range the Wheel Score pays full marks for (12 of 20 points). Chain open interest is 2,840 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 670k shares a day on a market cap of $17.2B, with a beta of 1.04; the Stability part of the Wheel Score gives that 17 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 0 / 25 | -40% margin of safety | |
| Health | 11 / 20 | Piotroski 5/9 | |
| Moat | 9 / 15 | moat 5.7/10 | |
| Premium | 12 / 20 | implied volatility 27% | |
| Stability | 17 / 20 | 670k shares/day, $17.2B cap, beta 1.04 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 6 Nov 2026 (before the open), 21 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Diversified Utilities
The 9 companies below are the closest to Brookfield Infrastructure Partners L.P. by market cap within the Diversified Utilities industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| AQNB Algonquin Power & Utilities Corp. | 25.63 | 17.93 | -43% | 31No options | $18.8B |
| SREA Sempra | 18.83 | 25.71 | +27% | 39No options | $12.3B |
| AES The AES Corporation | 14.97 | 45.69 | +67% | 76Good | $10.7B |
| BIPH Brookfield Infrastructure Finance ULC 5 % Notes 2021-24.05.81 Global | 15.33 | 28.60 | +46% | 39No options | $5.6B |
| SRE Sempra | 81.99 | 54.49 | -50% | 52Fair | $53.6B |
| AQN Algonquin Power & Utilities Corp. | 5.20 | 3.35 | -55% | 53Fair | $4.0B |
| AVA Avista Corporation | 36.18 | 37.49 | +3% | 65Good | $3.0B |
| UTL Unitil Corporation | 53.20 | 34.16 | -56% | 48Weak | $970M |
| TVC Tennessee Valley Authority | 23.82 | 17,297.56 | +100% | 39No options | $13M |
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Start free See the Sunday ScanQuestions about BIP
Is BIP undervalued right now?
No: at 37.27 the stock trades 40% above the GLS average fair value of 26.64 (data as of 16 Oct 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of BIP and what does it mean?
BIP scores 48 out of 100 (Weak). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for BIP?
26.64 per share as of 16 Oct 2026 - the simple average of the 7 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Brookfield Infrastructure Partners L.P. report earnings next?
The next earnings report is due on 6 Nov 2026 (before the open), 21 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does BIP have listed options, and how liquid are they?
Yes. The nightly snapshot found 90 listed contracts with 2,840 open interest across all expiries and implied volatility of 27% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.