Polaris Renewable Energy Inc.

TSX:PIF Stock Report

Market Cap: CA$307.1m

Polaris Renewable Energy Future Growth

Future criteria checks 1/6

Polaris Renewable Energy's earnings are forecast to decline at 3.2% per annum while its annual revenue is expected to grow at 9.6% per year. EPS is expected to grow by 13.8% per annum.

Key information

-3.2%

Earnings growth rate

13.81%

EPS growth rate

Renewable Energy earnings growth11.0%
Revenue growth rate9.6%
Future return on equityn/a
Analyst coverage

Low

Last updated10 Jun 2026

Recent future growth updates

Analysis Article May 11

Analysts Have Made A Financial Statement On Polaris Renewable Energy Inc.'s (TSE:PIF) First-Quarter Report

Last week saw the newest quarterly earnings release from Polaris Renewable Energy Inc. ( TSE:PIF ), an important...

Recent updates

Analysis Article May 15

Investors Shouldn't Be Too Comfortable With Polaris Renewable Energy's (TSE:PIF) Earnings

Despite posting some strong earnings, the market for Polaris Renewable Energy Inc.'s ( TSE:PIF ) stock hasn't moved...
Analysis Article May 11

Analysts Have Made A Financial Statement On Polaris Renewable Energy Inc.'s (TSE:PIF) First-Quarter Report

Last week saw the newest quarterly earnings release from Polaris Renewable Energy Inc. ( TSE:PIF ), an important...
Analysis Article Nov 06

Insufficient Growth At Polaris Renewable Energy Inc. (TSE:PIF) Hampers Share Price

When close to half the companies operating in the Renewable Energy industry in Canada have price-to-sales ratios (or...
User avatar
New Narrative May 11

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.
Analysis Article Nov 07

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

A lackluster earnings announcement from Polaris Renewable Energy Inc. ( TSE:PIF ) last week didn't sink the stock...
Analysis Article May 30

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

Key Insights The projected fair value for Polaris Renewable Energy is CA$17.78 based on 2 Stage Free Cash Flow to...
Analysis Article Sep 28

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

Polaris Renewable Energy Inc. ( TSE:PIF ), is not the largest company out there, but it saw significant share price...
Analysis Article May 10

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

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jul 20

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

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Earnings and Revenue Growth Forecasts

TSX:PIF - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20281225N/A521
12/31/202785547395
12/31/202677142345
3/31/20268073132N/A
12/31/202580-33435N/A
9/30/202580-113838N/A
6/30/202578-113335N/A
3/31/202575-123638N/A
12/31/20247633235N/A
9/30/20247672936N/A
6/30/20247783241N/A
3/31/202479113343N/A
12/31/202379123344N/A
9/30/202377132647N/A
6/30/202372111632N/A
3/31/2023675936N/A
12/31/2022632134N/A
9/30/202261-1628N/A
6/30/20226121139N/A
3/31/20226041632N/A
12/31/20216013341N/A
9/30/202163263844N/A
6/30/202165254446N/A
3/31/202170244748N/A
12/31/202075293340N/A
9/30/202074202746N/A
6/30/20207521543N/A
3/31/20207315448N/A
12/31/20197114N/A47N/A
9/30/2019728N/A40N/A
6/30/2019729N/A42N/A
3/31/20197320N/A35N/A
12/31/20186917N/A37N/A
9/30/2018669N/A38N/A
6/30/2018636N/A38N/A
3/31/2018613N/A36N/A
12/31/2017602N/A35N/A
9/30/2017603N/A36N/A
6/30/2017590N/A30N/A
3/31/201755-3N/A31N/A
12/31/201655-4N/A25N/A
9/30/201651-7N/A24N/A
6/30/201650-30N/A24N/A
3/31/201650-37N/A22N/A
12/31/201550-37N/A26N/A
9/30/201551-45N/A21N/A
6/30/201551-24N/A19N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PIF's earnings are forecast to decline over the next 3 years (-3.2% per year).

Earnings vs Market: PIF's earnings are forecast to decline over the next 3 years (-3.2% per year).

High Growth Earnings: PIF's earnings are forecast to decline over the next 3 years.

Revenue vs Market: PIF's revenue (9.6% per year) is forecast to grow faster than the Canadian market (4.9% per year).

High Growth Revenue: PIF's revenue (9.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PIF's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/18 09:18
End of Day Share Price 2026/06/18 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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 10 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
Nicholas BoychukATB Cormark
Nicholas BoychukATB Cormark Historical (Cormark Securities)
Kirk WilsonBeacon Securities Limited