PIF Stock Overview
Engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Polaris Renewable Energy Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$13.00 |
| 52 Week High | CA$14.14 |
| 52 Week Low | CA$11.08 |
| Beta | 1.03 |
| 1 Month Change | -1.66% |
| 3 Month Change | 4.67% |
| 1 Year Change | -1.37% |
| 3 Year Change | -21.69% |
| 5 Year Change | 7.00% |
| Change since IPO | -99.81% |
Recent News & Updates
Recent updates
Polaris Renewable Energy's (TSE:PIF) Anemic Earnings Might Be Worse Than You Think
Nov 07
Is Polaris Renewable Energy Inc. (TSE:PIF) Trading At A 23% Discount?
May 30At CA$13.77, Is It Time To Put Polaris Renewable Energy Inc. (TSE:PIF) On Your Watch List?
Sep 28Polaris Renewable Energy (TSE:PIF) Has A Somewhat Strained Balance Sheet
May 10Here's Why Polaris Renewable Energy (TSE:PIF) Has A Meaningful Debt Burden
Jul 20Polaris Infrastructure's (TSE:PIF) Returns On Capital Not Reflecting Well On The Business
Apr 22We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Polaris Infrastructure Inc.'s (TSE:PIF) CEO For Now
Jun 20Is Polaris Infrastructure (TSE:PIF) A Risky Investment?
May 27Is There Now An Opportunity In Polaris Infrastructure Inc. (TSE:PIF)?
Mar 29Shareholders Of Polaris Infrastructure (TSE:PIF) Must Be Happy With Their 292% Total Return
Mar 03Here's Why I Think Polaris Infrastructure (TSE:PIF) Might Deserve Your Attention Today
Feb 10
Polaris Infrastructure Inc.'s (TSE:PIF) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Jan 22Should You Rely On Polaris Infrastructure's (TSE:PIF) Earnings Growth?
Jan 07These 4 Measures Indicate That Polaris Infrastructure (TSE:PIF) Is Using Debt Extensively
Dec 21Our View On Polaris Infrastructure's (TSE:PIF) CEO Pay
Dec 08Can Polaris Infrastructure (TSE:PIF) Continue To Grow Its Returns On Capital?
Nov 23Shareholder Returns
| PIF | CA Renewable Energy | CA Market | |
|---|---|---|---|
| 7D | 0.9% | -1.6% | -2.6% |
| 1Y | -1.4% | 6.4% | 15.2% |
Return vs Industry: PIF underperformed the Canadian Renewable Energy industry which returned 6.4% over the past year.
Return vs Market: PIF underperformed the Canadian Market which returned 15.2% over the past year.
Price Volatility
| PIF volatility | |
|---|---|
| PIF Average Weekly Movement | 4.0% |
| Renewable Energy Industry Average Movement | 4.8% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CA Market | 17.3% |
| 10% least volatile stocks in CA Market | 2.9% |
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 (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1984 | 235 | Marc Murnaghan | www.polarisrei.com |
Polaris Renewable Energy Inc. engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; 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
| PIF fundamental statistics | |
|---|---|
| Market cap | CA$273.71m |
| Earnings (TTM) | CA$10.33m |
| Revenue (TTM) | CA$108.84m |
26.5x
P/E Ratio2.5x
P/S RatioIs PIF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PIF income statement (TTM) | |
|---|---|
| Revenue | US$75.74m |
| Cost of Revenue | US$11.63m |
| Gross Profit | US$64.11m |
| Other Expenses | US$56.92m |
| Earnings | US$7.19m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.34 |
| Gross Margin | 84.64% |
| Net Profit Margin | 9.49% |
| Debt/Equity Ratio | 61.3% |
How did PIF perform over the long term?
See historical performance and comparisonDividends
6.6%
Current Dividend Yield176%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:58 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Polaris Renewable Energy Inc. is covered by 12 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kirk Wilson | Beacon Securities Limited |
| Ahmad Shaath | Beacon Securities Limited |
| David Galison | Canaccord Genuity |