Infratil Limited (IFT.NZ) stock analysis
In our weekly check, Infratil Limited is graded D (A to F). Of 25 checks on debt, profit, cash flow and trend: 10 pass, warnings: 4, red flags: 11.
About Infratil Limited
Infratil Limited is an Industrials company (Conglomerates), listed on NZE as IFT.NZ.
What our checks show for IFT.NZ
Red flags
- Net debt is 6.4x a year of EBITDA (debt/equity 1.03). That limits room in a downturn and raises refinancing risk.
- Operating profit does not cover the interest bill (0.2x): interest is paid from cash or new debt.
- The net margin fell by 118 points over 5 years, to 18.7%: the company keeps less of each sale as profit.
- The gross margin fell by 88.9 points, to 10.8%: costs are rising faster than prices.
- Operating cash flow is only 0.35x net profit: part of the reported profit does not arrive as cash.
- Analysts expect the net margin to shrink by 7.8 points from today's 18.7%.
- Free cash flow is negative (-8.4% of revenue): the business spends more cash than it brings in.
- Recovering from its deepest fall took about 5.6 years.
- The share count grew by 21.8% in 2 years: each shareholder owns a smaller slice.
- Return on capital (ROCE) is only 0.9%.
- Pay in shares equals 0% of free cash flow: it dilutes shareholders.
Warning signs
- Analysts expect earnings per share to shrink about 4.5% a year.
- Earnings per share fell 14.3% a year over the last 3 years.
- Net profit fell 5.1% a year over the last 3 years.
- The stock has fallen as much as 55% from a peak. Would you have held through that?
Strengths
- Revenue grew 35.2% a year over the last 3 years.
- Beta 0.06: the stock usually moves less than the market.
Next earnings report: 2026-11-17
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Questions
What grade does Infratil Limited (IFT.NZ) have?
In our weekly check, Infratil Limited is graded D (A to F). Of 25 checks on debt, profit, cash flow and trend: 10 pass, warnings: 4, red flags: 11. The grade is a risk check, not a buy or sell recommendation.
What are the main risks of IFT.NZ stock?
This week's biggest flags for Infratil Limited: High debt, Weak interest cover, Margins falling. In total 15 of 25 checks show a warning or a red flag.
What does Infratil Limited do?
Infratil Limited is an Industrials company (Conglomerates), listed on NZE as IFT.NZ.
When does Infratil Limited report earnings next?
The next earnings report is expected on 2026-11-17. We re-run the checks every week, so the grade can change after it.
The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.
Updated 2026-10-31
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