Is the HICL Infrastructure share price good value at 166.2p?

Hicl Infrastructure (LON:HICL) is an infrastructure investment company whose portfolio includes Public-private partnerships, Regulated infrastructure and Demand-based infrastructure.

Right now the Hicl Infrastructure share price appears to represent solid value, as shown in the group's Value Rank of 56. Let's explore this in more detail.

Digging into Hicl Infrastructure's Value Rank

Looking at Hicl Infrastructure's StockReport, we can see that the group has a:

• Rolling price to book value of 1.10,
• Trailing twelve month price to earnings ratio of 10.4
• Trailing twelve month price to free cashflow of 21.3
• Rolling dividend yield of 4.97%
• Trailing twelve-month price to sales ratio of 10.7

This combination of financial traits suggests that, while Hicl Infrastructure stock is not the cheapest, it is far from expensive at these levels and is worth considering - especially if it is exposed to other positive stock market factors as well.

What does this mean for potential investors?

Some of the best quality stocks in the market have defensible models that can deliver high levels of shareholder returns over the long term. But there are no guarantees and it's important to do your own research. Indeed, we've identified some areas of concern with HICL Infrastructure that you can find out about here.