NAS10030,534+0.17%S&P7,733−0.41%GOLD$4,322−1.25%BTC$84,521−1.92%VIX14.67−1.34%live tape · as of 15:00 UTC
The Screen · Utilities · Utilities - Regulated Gas
Brookfield Infrastructure Corporation
BIPC · the NYSE · USD · Market cap $4.4B
Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates utility investments in Brazil, the United Kingdom, and internationally.
FAIL · Does not pass the screen
36.15 USD
Screen close, 2026-09-21 · not a live quote
Screened 2026-09-21 · the tape above runs as of 15:00 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y
What this means: price 36.15 against the desk's fair-value range, base estimate 33.62, over the last year.
Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical does not pass the values gate
Price36.15 USD
Fair value33.62
Ethical score70.0/100
Our investment reviews on this name
2026-08-23Read Distribution39.63-8.8% to today ✓
2026-07-02Read Markup40.41-10.5% to today
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
Brookfield Infrastructure Corporation holds its Markdown at $36.15. Consolidating, no directional conviction, held for 65 days.
As held on the ledger · 2026-09-21
Phase
Markdown · caution
Quantitative state
Consolidating, no directional conviction, held for 65 days
Price at the screen
$36.15
Valuation
N/A trailing · 17.72 forward price to earnings
Values screen
FAIL· score 70.0
Beta
1.29
The Workings
Five Screens, Shown in Full
Does not pass. Debt ratio
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
55.23%
Below 33%
Interest-bearing debt is 55.2% of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
0.05%
Below 33%
Cash held in interest-bearing accounts and securities is 0.1% of assets, under the one-third limit.
Pass
Receivables
4.94%
Below 49%
Money owed to the company is 4.9% of assets, under the 49% limit.
Pass
Revenue purity
0.00%
Below 5%
Only 0.0% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-09-21 screen. The gold marker is the market price at the same screen. The price runs 7.0% above the base estimate.
Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish: a quality-at-a-fair-price name rather than a deep-value one.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-21 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Regulated gas lines rarely justify stretched multiples
Picture a pipeline carrying Brazilian gas receipts across borders and into UK homes. That network sounds essential until the numbers reveal shrinking revenue, deep losses and a negative return on equity. We pass because the current price sits well above our fair value estimate, leaving no margin of safety and a forward multiple that already prices in perfection the business has not delivered.
The cyclical nature of energy infrastructure adds another layer. Peak earnings often coincide with low multiples that later prove expensive once volumes or tariffs normalise. Here the multiple is already elevated while growth has turned negative, so any recovery story carries the classic trap of mistaking a temporary upswing for durable improvement.
Currency swings, regulatory resets and single-analyst coverage further widen the range of outcomes. Ethical screens are cleared, yet the financial picture offers no compelling case to step in.
Analysis, not advice.
The risks · The things to watch: it carries a real debt load, which raises the stakes if revenue slips.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
BIPC trades on the NYSE. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The framework has shifted from markup to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 2.3% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading overbought. Over the past year the shares are up 5%. Our forward projection puts the odds of a 10% gain over the next month near 20%. The street (1 analysts) rates it sell, with a mean price target of $46.
2026-07-23Markup$40.58+0.4%Entry 4
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 0.4% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is momentum reading overbought. Over the past year the shares are up 5%. Our forward projection puts the odds of a 10% gain over the next month near 20%. The street (1 analysts) rates it sell, with a mean price target of $46.
2026-07-18Markup$40.41+0.0%Entry 3
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is momentum reading overbought. Over the past year the shares are up 5%. Our forward projection puts the odds of a 10% gain over the next month near 20%. The street (1 analysts) rates it sell, with a mean price target of $46.
2026-07-03Markup$40.41+0.0%Entry 2
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
2026-07-02Markup$40.41Entry 1
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
