Stock fact sheet · data as of
Brookfield Infrastructure Finance ULC 5 % Notes 2021-24.05.81 Global (BIPH): fair value, margin of safety and Wheel Score
Utilities · Diversified Utilities · United States · High Growth
Is BIPH undervalued?
BIPH has a margin of safety of 46%: the stock closed at 15.33 on 16 Oct 2026 against a GLS average fair value of 28.60. 5 of the 8 valuation models that produced a number sit above the price. Our screens treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
There is a wide gap between EPV (4.04) and 10 Cap (66.74). 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 BIPH under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for BIPH
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 | 64.41 | +320% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 14.96 | -2% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 20.82 | +36% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 9.10 | -41% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 22.29 | +45% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 66.74 | +335% | 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 | +72% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 4.04 | -74% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -220.69 | -1540% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Brookfield Infrastructure Finance ULC 5 % Notes 2021-24.05.81 Global scores only 4 of 9 on the Piotroski F-score, which fails the Sunday Scan's "6 or more" rule. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. On durability BIPH scores 5.6/10 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 12.37 times equity and negative free cash flow. Debt of 12.37 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. Revenue comes mainly from Leasing 68%, Distribution 22%, Connections 8% (fiscal year FY2024).
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 0.6% |
|---|---|---|---|
| GLS Moat | 5.6 / 10 | ROE | 8.0% |
| Debt / equity | 12.37 | ROA | 0.4% |
| Free-cash-flow yield | -3.4% | Payout ratio | 524% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 39: No options
No options are listed on Brookfield Infrastructure Finance ULC 5 % Notes 2021-24.05.81 Global in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 39) and the stock is left out of every options screen; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 26k shares a day on a market cap of $5.6B, with a beta of 0.97; the Stability part of the Wheel Score gives that 11 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 46% margin of safety | |
| Health | 9 / 20 | Piotroski 4/9 | |
| Moat | 8 / 15 | moat 5.6/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 11 / 20 | 26k shares/day, $5.6B cap, beta 0.97 |
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
No upcoming earnings date is recorded for BIPH in the nightly calendar.
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 Finance ULC 5 % Notes 2021-24.05.81 Global 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 |
|---|---|---|---|---|---|
| AQN Algonquin Power & Utilities Corp. | 5.20 | 3.35 | -55% | 53Fair | $4.0B |
| AVA Avista Corporation | 36.18 | 37.49 | +3% | 65Good | $3.0B |
| AES The AES Corporation | 14.97 | 45.69 | +67% | 76Good | $10.7B |
| SREA Sempra | 18.83 | 25.71 | +27% | 39No options | $12.3B |
| BIP Brookfield Infrastructure Partners L.P. | 37.27 | 26.64 | -40% | 48Weak | $17.2B |
| AQNB Algonquin Power & Utilities Corp. | 25.63 | 17.93 | -43% | 31No options | $18.8B |
| UTL Unitil Corporation | 53.20 | 34.16 | -56% | 48Weak | $970M |
| SRE Sempra | 81.99 | 54.49 | -50% | 52Fair | $53.6B |
| TVC Tennessee Valley Authority | 23.82 | 17,297.56 | +100% | 39No options | $13M |
Screen the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the same eight-rule screen, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about BIPH
Is BIPH undervalued right now?
By the GLS models, yes: at 15.33 the stock is 46% below the average fair value of 28.60 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of BIPH and what does it mean?
BIPH has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for BIPH?
28.60 per share as of 16 Oct 2026 - the simple average of the 8 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 Finance ULC 5 % Notes 2021-24.05.81 Global report earnings next?
No upcoming earnings date is recorded for BIPH in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does BIPH have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on BIPH, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.