3i Infrastructure (GB:3IN)
LSE:3IN
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3i Infrastructure
(LSE:3IN)
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Rating:78Outperform
Price Target:
381.00 p
▲(13.90% Upside)
Action:ReiteratedDate:12/30/25
The score is driven primarily by strong financial quality (high profitability and low leverage) tempered by material cash flow/earnings volatility. Valuation is supportive with a low P/E and solid dividend yield, while technicals and recent company updates are generally positive.
Positive Factors
High Profitability
Exceptionally high reported gross and net margins indicate durable earnings power from infrastructure cash flows and fee income. Over 2–6 months this supports predictable distributable income and resilience versus many cyclical sectors, underpinning shareholder returns.
Negative Factors
Material Cash-Flow Volatility
Large year-to-year swings in operating and free cash flow weaken the reliability of distributable income and complicate planning. For a closed‑ended infrastructure investor, inconsistent cash conversion raises risk that dividends or reinvestment plans will be disrupted during weaker cash cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
High Profitability
Exceptionally high reported gross and net margins indicate durable earnings power from infrastructure cash flows and fee income. Over 2–6 months this supports predictable distributable income and resilience versus many cyclical sectors, underpinning shareholder returns.
Read all positive factors
3i Infrastructure (3IN) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
N/A
Dividend Yield3.53%
Average Volume (3M)932.14K
Price to Earnings (P/E)3.2
Beta (1Y)0.58
Revenue Growth13.92%
EPS Growth29.82%
CountryUK
EmployeesN/A
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)0.28
Shares Outstanding922,350,000
10 Day Avg. Volume776,752
30 Day Avg. Volume932,136
Financial Highlights & Ratios
PEG Ratio-1.68
Price to Book (P/B)0.82
Price to Sales (P/S)7.98
P/FCF Ratio7.81
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£435.00Price Target Upside30.04% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.42
Revenue Forecast (FY)N/A
3i Infrastructure Business Overview & Revenue Model
Company Description
3i Infrastructure plc is an investment firm specializing in infrastructure investments. The firm invests in early stage assets, mature assets, middle markets, mid venture, acquisitions, and projects and privatizations undergoing a period of operat...
How the Company Makes Money
3IN makes money by owning equity interests in infrastructure businesses and receiving cash returns generated by those underlying assets. The primary source of ongoing income is distributions from portfolio companies (e.g., dividends and other shar...
3i Infrastructure Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
84
Very Positive
Cash Flow
64
Positive
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 363.00M | 368.00M | 386.00M | 413.00M | 412.00M | 210.00M |
| Gross Profit | 290.00M | 338.00M | 354.00M | 399.00M | 412.00M | 220.00M |
| EBITDA | 443.00M | 333.00M | 347.00M | -27.00M | -12.00M | 22.00M |
| Net Income | 422.00M | 333.00M | 347.00M | 394.00M | 404.00M | 206.00M |
Balance Sheet | ||||||
| Total Assets | 4.15B | 3.88B | 3.93B | 3.71B | 3.02B | 2.42B |
| Cash, Cash Equivalents and Short-Term Investments | 6.00M | 4.00M | 5.00M | 5.00M | 17.00M | 462.00M |
| Total Debt | 350.00M | 260.00M | 510.00M | 501.00M | 231.00M | 0.00 |
| Total Liabilities | 387.00M | 316.00M | 590.00M | 606.00M | 316.00M | 25.00M |
| Stockholders Equity | 3.76B | 3.56B | 3.34B | 3.10B | 2.70B | 2.39B |
Cash Flow | ||||||
| Free Cash Flow | 386.00M | 376.00M | 118.00M | -259.00M | -578.00M | 136.00M |
| Operating Cash Flow | 386.00M | 376.00M | 118.00M | -259.00M | -578.00M | 136.00M |
| Investing Cash Flow | 1.00M | 0.00 | 120.00M | -303.00M | -601.00M | 105.00M |
| Financing Cash Flow | -390.00M | -379.00M | -118.00M | 257.00M | 135.00M | -87.00M |
3i Infrastructure Technical Analysis
Negative
334.50
Price Trends
348.39
Negative
358.95
Negative
351.74
Negative
Market Momentum
-5.27
Positive
42.75
Neutral
45.18
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:3IN, the sentiment is Negative. The current price of 334.5 is below the 20-day moving average (MA) of 340.15, below the 50-day MA of 348.39, and below the 200-day MA of 351.74, indicating a bearish trend. The MACD of -5.27 indicates Positive momentum. The RSI at 42.75 is Neutral, neither overbought nor oversold. The STOCH value of 45.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:3IN.
3i Infrastructure Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ― | 3.23 | 11.52% | 3.53% | 13.92% | 29.82% | |
76 Outperform | £1.70B | ― | 2.22% | 2.40% | 64.34% | 77.61% | |
73 Outperform | £408.79M | 7.48 | 44.99% | 5.73% | ― | ― | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | £264.67M | -1.21 | -6.58% | 8.18% | -9.72% | -25.25% | |
47 Neutral | ― | -5.44 | -25.87% | 1.43% | ― | ― | |
44 Neutral | ― | -1.48 | -47.36% | 3.45% | ― | ― |
* Financial Sector Average
GB:3IN
3i Infrastructure
334.50
43.35
14.89%
GB:GSF
Gore Street Energy Storage
52.40
9.57
22.35%
GB:CLDN
Caledonia Investments
329.00
2.48
0.76%
GB:SIGC
Sherborne Investors (Guernsey) C Ltd.
33.80
-8.09
-19.31%
GB:FSG
Foresight Group Holdings Ltd.
362.50
70.06
23.96%
GB:RNEW
Ecofin U.S. Renewables Infrastructure Trust Plc
0.18
-0.10
-35.71%
3i Infrastructure Corporate Events
Regulatory Filings and Compliance
3i Infrastructure Confirms Compliance with UK Listing Rule on Fund Investments
Positive
Apr 1, 2026
3i Infrastructure plc reported that, as of the last business day of March 2026, it held no investments in listed closed-ended investment funds that lack a policy limiting their own exposure to other such funds. This disclosure, made under UK Listi...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
3i Infrastructure Banks TCR Windfall and Recycles Capital Into Norwegian Data Centre
Positive
Mar 31, 2026
3i Infrastructure has reinforced its reputation as a disciplined European infrastructure investor with the agreed sale of its 71% stake in ground-handling equipment lessor TCR, crystallising a roughly 3.5x money multiple and a 19% gross annual IRR...
Business Operations and Strategy
3i Infrastructure to Host Live CFO Investor Presentation via Online Platform
Positive
Mar 27, 2026
3i Infrastructure PLC has announced that its Chief Financial Officer, James Dawes, will deliver a live online presentation to investors via the Investor Meet Company platform on 31 March 2026 at 10:00 BST. The session is open to both existing and ...
Business Operations and StrategyM&A Transactions
3i Infrastructure to Invest €300m in Norwegian Data Centre Campus
Positive
Mar 11, 2026
3i Infrastructure plc has agreed to invest about €300 million for a majority stake in Lefdal Mine Datacenter, a Norwegian data centre campus with 37 MW in operation and a further 43 MW contracted and under construction. The asset benefits fr...
Business Operations and StrategyM&A Transactions
3i Infrastructure to Sell TCR Stake for €1.14bn and Recycle Capital Into New Deals
Positive
Mar 5, 2026
3i Infrastructure plc has agreed to sell its 71% stake in TCR, the largest independent lessor of airport ground support equipment, in a deal expected to generate net proceeds of about €1.14 billion, a 22% uplift on its September 2025 valuati...
Other
3i Infrastructure’s James Dawes to Feature on QuotedData Investment Companies Webinar
Positive
Feb 5, 2026
QuotedData’s weekly investment companies show will feature 3i Infrastructure finance chief James Dawes as the special guest on 6 February 2026, when he will be interviewed by James Carthew alongside sector commentary from analyst Andrew McHa...
Business Operations and StrategyDividendsFinancial Disclosures
3i Infrastructure Warns of DNS:NET Write-Down Amid Otherwise Solid Q3 Portfolio Performance
Negative
Feb 2, 2026
3i Infrastructure reported a strong third-quarter performance across most of its diversified infrastructure portfolio, driven by continued growth at TCR, strategic bolt-on acquisitions at ESVAGT and Joulz, and generally solid trading at its other ...
Business Operations and StrategyDividendsFinancial Disclosures
3i Infrastructure Flags DNS:NET Write-Down as Core Portfolio Supports Dividend Growth
Negative
Feb 2, 2026
3i Infrastructure reported a largely robust third quarter performance, underpinned by strong trading at portfolio companies such as TCR, Joulz and ESVAGT, while confirming it remains on track to deliver its FY26 dividend target of 13.45 pence per ...
Business Operations and StrategyDividendsFinancial Disclosures
3i Infrastructure Warns of DNS:NET Write-Down but Sticks to Higher Dividend Target
Neutral
Feb 2, 2026
3i Infrastructure reported a broadly robust third quarter, highlighting strong performance across most of its diversified portfolio alongside continued progress on strategic initiatives. ESVAGT expanded and modernised its fleet with the delivery o...
Business Operations and Strategy
3i Infrastructure Adds Deutsche Numis as Joint Corporate Broker
Positive
Jan 29, 2026
3i Infrastructure plc has appointed Deutsche Bank AG, London Branch, trading as Deutsche Numis, as a joint corporate broker alongside existing broker RBC Capital Markets, effective 28 January 2026. The move broadens the company’s broking sup...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.