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Polaris Renewable Energy Inc.TSX:PIF Stock Report

Market Cap CA$262.2m
Share Price
CA$12.35
My Fair Value
CA$24
48.4% undervalued intrinsic discount
1Y4.1%
7D-0.7%
Portfolio Value
View

Polaris Renewable Energy Inc.

TSX:PIF Stock Report

Market Cap: CA$262.2m

Polaris Renewable Energy (PIF) Stock Overview

Engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America and the Caribbean. More details

PIF fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends3/6

PIF Community Fair Values

Create Narrative

See what 23 others think this stock is worth. Follow their fair value or set your own to get alerts.

Polaris Renewable Energy Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Polaris Renewable Energy
Historical stock prices
Current Share PriceCA$12.35
52 Week HighCA$13.66
52 Week LowCA$10.70
Beta0.86
1 Month Change0.41%
3 Month Change7.67%
1 Year Change4.13%
3 Year Change-35.91%
5 Year Change-12.84%
Change since IPO-99.82%

Recent News & Updates

Recent updates

User avatar

PR Battery And Punta Lima Wind Farm Will Energize Future

Strategic acquisitions and projects, like the ASAP Battery Program and Punta Lima wind farm, are expected to significantly increase revenue and earnings.

Polaris Renewable Energy's (TSE:PIF) Anemic Earnings Might Be Worse Than You Think

Nov 07
Polaris Renewable Energy's (TSE:PIF) Anemic Earnings Might Be Worse Than You Think

Is Polaris Renewable Energy Inc. (TSE:PIF) Trading At A 23% Discount?

May 30
Is Polaris Renewable Energy Inc. (TSE:PIF) Trading At A 23% Discount?

At CA$13.77, Is It Time To Put Polaris Renewable Energy Inc. (TSE:PIF) On Your Watch List?

Sep 28
At CA$13.77, Is It Time To Put Polaris Renewable Energy Inc. (TSE:PIF) On Your Watch List?

Polaris Renewable Energy (TSE:PIF) Has A Somewhat Strained Balance Sheet

May 10
Polaris Renewable Energy (TSE:PIF) Has A Somewhat Strained Balance Sheet

Here's Why Polaris Renewable Energy (TSE:PIF) Has A Meaningful Debt Burden

Jul 20
Here's Why Polaris Renewable Energy (TSE:PIF) Has A Meaningful Debt Burden

Polaris Infrastructure's (TSE:PIF) Returns On Capital Not Reflecting Well On The Business

Apr 22
Polaris Infrastructure's (TSE:PIF) Returns On Capital Not Reflecting Well On The Business

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Polaris Infrastructure Inc.'s (TSE:PIF) CEO For Now

Jun 20
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Polaris Infrastructure Inc.'s (TSE:PIF) CEO For Now

Is Polaris Infrastructure (TSE:PIF) A Risky Investment?

May 27
Is Polaris Infrastructure (TSE:PIF) A Risky Investment?

Is There Now An Opportunity In Polaris Infrastructure Inc. (TSE:PIF)?

Mar 29
Is There Now An Opportunity In Polaris Infrastructure Inc. (TSE:PIF)?

Shareholder Returns

PIFCA Renewable EnergyCA Market
7D-0.7%1.0%-0.03%
1Y4.1%12.7%18.0%

Return vs Industry: PIF underperformed the Canadian Renewable Energy industry which returned 12.6% over the past year.

Return vs Market: PIF underperformed the Canadian Market which returned 11.5% over the past year.

Price Volatility

Is PIF's price volatile compared to industry and market?
PIF volatility
PIF Average Weekly Movement2.5%
Renewable Energy Industry Average Movement4.4%
Market Average Movement8.5%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.0%

Stable Share Price: PIF has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: PIF's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1984205Marc Murnaghanpolarisrei.com

Polaris Renewable Energy Inc. engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America and the Caribbean. It operates 82 megawatts (MW) capacity geothermal facility in Nicaragua; 3 run-of-river hydroelectric facilities with combined capacity of approximately 33 MW in Peru; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama. The company was formerly known as Polaris Infrastructure Inc. and changed its name to Polaris Renewable Energy Inc. in July 2022.

Polaris Renewable Energy Inc. Fundamentals Summary

How do Polaris Renewable Energy's earnings and revenue compare to its market cap?
PIF fundamental statistics
Market capCA$262.17m
Earnings (TTM)-CA$14.67m
Revenue (TTM)CA$108.67m
2.4x
P/S Ratio
-17.7x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PIF income statement (TTM)
RevenueUS$78.37m
Cost of RevenueUS$12.34m
Gross ProfitUS$66.03m
Other ExpensesUS$76.61m
Earnings-US$10.58m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Oct 30, 2025

Earnings per share (EPS)-0.50
Gross Margin84.25%
Net Profit Margin-13.50%
Debt/Equity Ratio89.0%

How did PIF perform over the long term?

See historical performance and comparison

Dividends

6.7%
Current Dividend Yield
-120%
Payout Ratio

Does PIF pay a reliable dividends?

See PIF dividend history and benchmarks
When do you need to buy PIF by to receive an upcoming dividend?
Polaris Renewable Energy dividend dates
Ex Dividend DateAug 11 2025
Dividend Pay DateAug 22 2025
Days until Ex dividend9 days
Days until Dividend pay date2 days

Does PIF pay a reliable dividends?

See PIF dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/19 06:40
End of Day Share Price 2025/08/19 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Polaris Renewable Energy Inc. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kirk WilsonBeacon Securities Limited
David GalisonCanaccord Genuity
Stephen KammermayerClarus Securities Inc.