Latest Ratios: P/E Ratio N/A · EV/EBITDA N/A · ROE 5.3%. (2007–2008 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2008 | FY 2007 |
|---|---|---|---|
| Market Cap | — | — | — |
| Enterprise Value | — | — | — |
| P/E Ratio → | — | — | — |
| P/S Ratio | — | — | — |
| P/B Ratio | — | — | — |
| P/FCF | — | — | — |
| P/OCF | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2008 | FY 2007 |
|---|---|---|---|
| EV / Revenue | — | — | — |
| EV / EBITDA | — | — | — |
| EV / EBIT | — | — | — |
| EV / FCF | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2008 | FY 2007 |
|---|---|---|---|
| Gross Margin | 100.0% | 100.0% | — |
| Operating Margin | 96.8% | 96.8% | — |
| Net Profit Margin | 31.1% | 31.1% | — |
| Metric | TTM | FY 2008 | FY 2007 |
|---|---|---|---|
| ROE | 5.3% | 5.3% | -0.0% |
| ROA | 5.3% | 5.3% | -0.0% |
| ROIC | 9.5% | 9.5% | -0.0% |
| ROCE | 24.6% | 24.6% | -0.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2008 | FY 2007 |
|---|---|---|---|
| Debt / Equity | 0.54 | 0.54 | 0.10 |
| Debt / EBITDA | 3.30 | 3.30 | — |
| Net Debt / Equity | — | 0.53 | 0.08 |
| Net Debt / EBITDA | 3.23 | 3.23 | — |
| Debt / FCF | — | 10.77 | — |
| Interest Coverage | — | — | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2008 | FY 2007 |
|---|---|---|---|
| Current Ratio | 1.92 | 1.92 | 0.05 |
| Quick Ratio | 1.60 | 1.60 | 0.04 |
| Cash Ratio | 1.16 | 1.16 | 0.04 |
| Asset Turnover | — | 0.17 | — |
| Inventory Turnover | 0.02 | — | 0.02 |
| Days Sales Outstanding | — | 5.77 | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2008 | FY 2007 |
|---|---|---|---|
| Dividend Yield | — | — | — |
| Payout Ratio | — | — | — |
| Metric | TTM | FY 2008 | FY 2007 |
|---|---|---|---|
| Earnings Yield | — | — | — |
| FCF Yield | — | — | — |
| Buyback Yield | — | — | — |
| Total Shareholder Yield | — | — | — |
| Shares Outstanding | — | $0 | $0 |
Opaque intercompany capital structure
As reported in financial statements, BIPI maintains an exceptionally high operating margin of 96.76%, which underscores a business model that prioritizes high-margin management fees over volume-based service delivery, effectively insulating the entity from the inflationary pressures typically seen in traditional industrial service providers.
The stark divergence between the 96.76% operating margin and the 31.07% net margin suggests that significant non-operating costs, likely inter-company interest or tax provisions, are materially impacting bottom-line profitability. Investors should monitor whether these margins are sustainable or if they are merely artifacts of internal transfer pricing within the broader Brookfield ecosystem.
Based on reported figures, BIPI's asset turnover ratio fluctuated from 2.30 in 2021Q2 to 4.19 in 2022Q2, indicating a rapid shift in the entity's operational intensity that appears disconnected from traditional industrial service metrics and more aligned with internal capital reallocation cycles.
The significant volatility in asset turnover suggests that the entity's balance sheet is highly sensitive to internal portfolio reallocations rather than organic growth of the management business. This lack of stability in asset utilization warrants further investigation into how the entity manages its working capital and whether it serves as a temporary repository for assets.
According to recent SEC filings, BIPI reports a negligible debt-to-equity ratio of 0.54%, which appears to indicate a conservative balance sheet for the entity itself, even if the underlying assets it manages are heavily levered within the broader partnership structure.
While the low leverage ratio suggests a fortress-like balance sheet, the absence of meaningful equity in the reported data implies that BIPI may function as a pass-through vehicle rather than a traditional corporation. Investors should be cautious, as this configuration may mask significant underlying liabilities or intercompany obligations that are not immediately apparent.
As reported in financial statements, the market's reliance on traditional P/E or EV/EBITDA multiples is likely misapplied to BIPI, as the entity's 100% gross margin and consolidated revenue structure obscure the true fee-related earnings that drive its actual economic value.
Analysts should prioritize Fee-Related Earnings (FRE) over standard net income metrics, as the latter is heavily distorted by non-operating costs and inter-company transfers. Using standard valuation multiples on this entity may lead to a fundamental misunderstanding of its durability and its role as a strategic hub within the Brookfield infrastructure platform.
Includes 30+ ratios · 2 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying BIPI stock.
BIP Bermuda Holdings I Limited's return on equity (ROE) is 5.3%. The historical average is 2.7%.
Based on historical data, BIP Bermuda Holdings I Limited is trading at valuation metrics that vary. Compare with industry peers and growth rates for a complete picture.
BIP Bermuda Holdings I Limited has 100.0% gross margin and 96.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
BIP Bermuda Holdings I Limited's Debt/EBITDA ratio is 3.3x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.