3i Infrastructure

3IN 171.7p 1.1  0.6%
3:28pm 1.000k

Momentum
Relative Strength (%)
1m -2.9%
3m -4.6%
1yr +11.7%
Volume Change (%)
10d v 3m +101%
Price vs... (%)
52w High -5.8%
50d MA -2.15%
200d MA -0.89%
vs.
market
vs.
industry
Growth & Value
12m Forecast Rolling
PE Ratio (f) 12.0
PEG Ratio (f) n/a
EPS Growth (f) -25.5 %
Dividend Yield (f) 4.83 %
Valuation (ttm)
Price to Book Value 1.08
Price to Tang. Book 1.08
Price to Free Cashflow 7.50
Price to Sales 5.60
EV to EBITDA 6.16
Margin of Safety (beta)
Screens Passed

3IN doesn't qualify for any screens.
Find out why:   View Checklists

vs.
market
vs.
industry
Quality
Return on Capital 12.6 %
Return on Equity 12.8 %
Operating Margin 67.1 %
Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 31st Mar 2011 2012 2013 2014 2015 2016 2017E 2018E CAGR / Avg
Revenue £m 132.7 107.9 107.8 80.8 304.8 245.6 135.4 142 +13.1%
Operating Profit £m 106.6 75.6 89.1 71.0 268.6 164.9 +9.1%
Net Profit £m 93.6 59.6 89.1 71.0 266.8 166.2 114.1 119.6 +12.2%
EPS Reported p 11.2 6.87 11.0 8.80 33.1 20.0 +12.3%
EPS Normalised p 11.2 6.87 11.0 8.80 33.1 20.0 14.2 14.8 +12.3%
EPS Growth % +2.4 -38.7 +60.8 -20.3 +275.8 -39.5 -29.3 +4.79
PE Ratio x 8.53 12.1 11.5
PEG x n/a 2.51 n/a
Profitability
Operating Margin % 80.3 70.1 82.7 87.9 88.1 67.1 +79.4%
ROA % 5.1 8.1 6.3 21.3 12.2
ROCE % 8.4 7.1 8.0 6.4 20.2 12.6 +10.4%
ROE % 5.8 8.2 6.4 21.9 12.8 +11.0%
Cashflow
Op. Cashflow ps p -8.28 -1.36 9.01 -2.52 4.93 22.1
Capex ps p 0.000 0.000 0.000 0.000 0.000 0.000
Free Cashflow ps p -8.28 -1.36 9.01 -2.52 4.93 22.1
Last ex-div: 19th May, paid: 11th Jul more... Dividends
Dividend ps p 5.63 5.84 7.09 7.32 7.65 7.13 8.20 8.49 +4.9%
Dividend Growth % +3.99 +3.86 +21.4 +3.24 +4.48 -6.79 +14.9 +3.60
Dividend Yield % 4.18 4.80 4.98
Dividend Cover x 1.99 1.18 1.56 1.20 4.32 2.81 1.73 1.75
Balance Sheet
Cash etc £m 176.3 157 175.8 103.8 106.4 84.2 -13.7%
Working Capital £m 182.3 159 176.7 116.8 71.9 72.0 -17.0%
Net Fixed Assets £m 1,093 908.2 930.3 999.1 1,256 1,235 +2.5%
Net Debt £m -8.40 -157 -175.8 -103.8 -106.4 -84.2
Book Value £m 1,001 1,067 1,103 1,114 1,321 1,277 +5.0%
Average Shares m 834.7 867.6 806.6 806.6 806.6 830.6 -0.2%
Book Value ps p 120.5 119 123.1 124.3 163.8 158.3 +5.6%

FINANCIAL BRIEF: For the fiscal year ended 31 March 2016, 3i Infrastructure PLC revenues decreased 19% to L245.6M. Net income decreased 38% to L166.2M. Revenues reflect United Kingdom segment decrease of 84% to L44.5M. Net income also reflects Net unrealised (losses)/gains on the fai increase from L23.3M (income) to L46.2M (expense), Professional Fees of Arrangement of Debt increase from L800K to L2.3M (expense). more »

Health Trend
Bankruptcy Risk
N/A Earnings Manipulation Risk
Magic Formula Score
Other Ratios
Leverage (ttm) Total Ex Intang
Gross Gearing % 0.000 0.000
Net Gearing % -6.59 -6.59
Cash / Assets % 6.28
Liquidity (ttm)
Curr. Ratio 3.19
Quick Ratio 3.19
Interest Cov. 100.0
Efficiency (ttm)
Asset Turnover 0.20
Rec's Turnover 16.6
Stock Turnover n/a
vs.
market
vs.
industry
Recent History
Latest interim period (ended 31st Mar '16) vs. prior year
Sales Growth -14.4 %
EPS Growth -42.8 %
3yr Compound Annual Growth Rate
Sales Growth 31.6 %
EPS Growth 21.9 %
DPS Growth 0.19 %
Graphical History Current Fiscal Year 2017

Broker Forecasts
31st Mar 2017
31st Mar 2018

Price Target: 1.72
(+0.91% above Price)
Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: n/a (£) (p) (p) (£) (p) (p)
Consensus Estimate 114.1m 14.2 8.20 119.6m 14.8 8.49
1m Change - - - - - -
3m Change - - - - - -
1 brokers Broker Consensus Trend
Broker Recommendations for 3i Infrastructure
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 1 0 1 2 0

Named Brokers and Analysts
There are no named brokers.

Profile Summary

3i Infrastructure plc (3i Infrastructure) is a closed-ended investment company. The Company invests in infrastructure businesses and assets. The Company makes equity and junior or mezzanine debt investments. It invests in companies with stable underlying performance: asset-intensive businesses, providing essential services over the long term, often on a regulated basis, or with contracted revenues. Its objective is to provide shareholders with a total return of 12% per annum over the long term, to be achieved by building and managing a balanced portfolio of infrastructure investments. Its investments are in unquoted companies. 3i Investments plc, a wholly-owned subsidiary of 3i Group plc, acts as the investment adviser to the Company. The Company sold its 50% holding in Alpha Schools (Highland) Holdings Limited (Alpha Schools) to HICL Infrastructure Company Limited.

Directors: Richard Laing (CHM) 59, Douglas Bannister (NED) , Wendy Dorman (NED) , Ian Lobley (NED) , Paul Masterton (NED) , Philip Austin (NID) 64,

No. of Employees: 0 No. of Shareholders: n/a


Last Annual March 31st, 2016
Last Interim March 31st, 2016
Incorporated January 16, 2007
Public Since March 8, 2007
Shares in Issue 806,597,974
Free Float 793.1m (98.3%)

3IN Share Price Performance 3INQuote
171.7p
1.1  0.6%
Traded 3:28pm · Minimum 15 min delayed · NMS: 1.000k

Latest 3IN News Announcements (delayed)

Upcoming 3IN Events

Recent ↓
Tuesday 12th May, 2015
Full Year 2014 3I Infrastructure PLC Earnings Presentation (London)
Tuesday 12th May, 2015
Full Year 2014 3i Infrastructure PLC Earnings Release
Tuesday 31st March, 2015
3I Infrastructure PLC Pre-Close Trading Statement Release
Wednesday 28th January, 2015
3i Infrastructure PLC Trading Statement for the period from 1 October 2014 to 31 December 2014
Thursday 27th November, 2014
Dividend For 3IN.L
Thursday 6th November, 2014
Half Year 2014 3i Infrastructure PLC Earnings Presentation (London)
Thursday 6th November, 2014
Half Year 2014 3i Infrastructure PLC Earnings Release
Thursday 25th September, 2014
3i Infrastructure PLC Pre-Close Trading Update
Tuesday 23rd September, 2014
3i Infrastructure PLC Capital Markets Seminar
Tuesday 8th July, 2014
3i Infrastructure PLC Extraordinary Shareholders Meeting
Tuesday 8th July, 2014
3i Infrastructure PLC Annual Shareholders Meeting
Tuesday 8th July, 2014
Q2 2014 3i Infrastructure PLC Interim Management Statement Release
Wednesday 18th June, 2014
Dividend For 3IN.L


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