WaterBridge Infrastructure LLC Class A Shares Representing Limited Liability Company Interests (WBI)
CyclicalFairStock Score: 41/100 — MIXED
Key Financials
| Current Price | $30.72 |
| Market Cap | $1.3B |
| P/E Ratio | 438.86 |
| ROE | -1.31% |
| Dividend Yield | 0.34% |
| Sector | Energy |
Concerns
- Trades significantly above Graham Number ($5) with negative 506% margin of safety—limited downside protection
- Currently unprofitable—sustained losses could lead to dilutive capital raises or balance sheet deterioration
- Revenue declining at 51.8% year-over-year signals potential demand weakness or market share loss
- Altman Z-Score of 0.5 places it in the financial distress zone—elevated bankruptcy risk
AI Analysis
WaterBridge Infrastructure LLC Class A Shares Representing Limited Liability Company Interests is a micro-cap energy company valued at $1.3 billion. Revenue stands at $548 million, though the company is currently unprofitable. From a quality standpoint, WaterBridge shows distressed Altman Z-Score of 0.5 warrants caution and negative ROE indicating losses. On valuation, the stock is commanding a steep 416.0x multiple, with trades far above its Graham Number ($5) with no margin of safety. Growth dynamics show revenue growing at -51.8% and profit growth of 86.0%. Our composite FairStock Score of 41/100 reflects below-average fundamentals overall. Without profitability, this remains speculative—suitable only for those with high risk tolerance and a long time horizon.
Bull Case
Improving fundamentals and sector tailwinds could drive meaningful earnings growth, compressing the effective multiple for patient investors. Operational leverage in the business model means incremental revenue growth could disproportionately boost bottom-line profitability.
Bear Case
At 416x earnings, any growth disappointment triggers rapid multiple compression—a 20% earnings miss plus multiple contraction to 20x implies 40%+ downside. Regulatory changes, input cost inflation, or demand normalization represent underappreciated risks that could materially impact forward estimates.
Data from SEC filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer