Obermatt

Infratil

NZC:IFT · NZIFTE0003S3
Diversified Financial ServicesLarge

360

45
Medium confidence — indicative
EV / EBIT1
Price / Owner Earnings25
Owner Earnings Yield28
Dividend Yield35
Price/Sales22
EV / Gross Profit28
Price/Book34
Returns on capital39
Profit margins44
Cash Conversion30
Accruals24
Owner Earnings Margin44
Sales growth71
Profit Growth44
Long-Term EPS Growth9
Owner Earnings Growth97
Reinvestment39
Price momentum81
Debt load38
Debt serviceability17
Liquidity16
Analyst ratings92
Opinion Changes50
Price Target Upside38
Market mood95
Value Creation6/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Infratil doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryNew Zealand
IndustryDiversified Financial Services
SizeLarge
TypePublic Company
ExchangeNZSE
Founded1994
Employees7
ISINNZIFTE0003S3
Last UpdateApr 2, 2026
Themes
Air TransportationEnergyPublic TransportationReal Estate

Description

Infratil Limited (Infratil), an infrastructure investment company, specializes in digital infrastructure, renewables, and social infrastructure. The company prefers to invest in renewable electricity, data centers, telecommunications networks healthc…

Analysis

Hope premium

Infratil Limited carries what we call a hope premium: an average business trading at an ambitious price.

The price is expensive. You pay 29.0× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone.

The trajectory is solid and the balance sheet is adequate. The company scores 6/20 on our value-creation score: not creating value.

What to watch: Some accounting patterns deserve a closer look. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
33
2023202420252026

All-time high

73

Mar 2024

All-time low

12

Mar 2026

Average rank

29

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
22
24
27
11
Price/Earnings
8
4
19
14
Price/Book
34
42
55
44
Dividend Yield
35
13
9
21
Value (overall)
9
5
3
7

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →