POLARIS RENEWABLE ENERGY INC (PIF.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:PIF - CA73108L1013 - Common Stock
11.72 CAD
+0.02 (+0.17%)
PIF gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 34 industry peers in the Independent Power and Renewable Electricity Producers industry. PIF has only an average score on both its financial health and profitability. PIF is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PIF was profitable.
In the past year PIF had a positive cash flow from operations.
PIF had positive earnings in each of the past 5 years.
In the past 5 years PIF always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of PIF (-2.06%) is comparable to the rest of the industry.
PIF has a better Return On Equity (-4.71%) than 73.53% of its industry peers.
PIF has a Return On Invested Capital of 3.65%. This is amongst the best in the industry. PIF outperforms 85.29% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PIF is in line with the industry average of 3.78%.
The 3 year average ROIC (3.16%) for PIF is below the current ROIC(3.65%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.06% | ||
| ROE | -4.71% | ||
| ROIC | 3.65% |
ROA(3y)1.06%
ROA(5y)1.83%
ROE(3y)2.15%
ROE(5y)3.85%
ROIC(3y)3.16%
ROIC(5y)3.41%
1.3 Margins
In the last couple of years the Profit Margin of PIF has declined.
PIF has a better Operating Margin (32.97%) than 85.29% of its industry peers.
In the last couple of years the Operating Margin of PIF has declined.
With a Gross Margin value of 46.49%, PIF is not doing good in the industry: 67.65% of the companies in the same industry are doing better.
PIF's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.97% | ||
| PM (TTM) | N/A | ||
| GM | 46.49% |
OM growth 3Y6.86%
OM growth 5Y-7.7%
PM growth 3Y67.36%
PM growth 5Y-27.97%
GM growth 3Y3.85%
GM growth 5Y-3.87%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PIF is destroying value.
The number of shares outstanding for PIF remains at a similar level compared to 1 year ago.
Compared to 5 years ago, PIF has more shares outstanding
The debt/assets ratio for PIF is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.29, we must say that PIF is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of PIF (-0.29) is comparable to the rest of the industry.
PIF has a debt to FCF ratio of 5.83. This is a neutral value as PIF would need 5.83 years to pay back of all of its debts.
PIF has a Debt to FCF ratio of 5.83. This is amongst the best in the industry. PIF outperforms 85.29% of its industry peers.
A Debt/Equity ratio of 0.90 indicates that PIF is somewhat dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.90, PIF belongs to the best of the industry, outperforming 88.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.9 | ||
| Debt/FCF | 5.83 | ||
| Altman-Z | -0.29 |
ROIC/WACC0.57
WACC6.35%
2.3 Liquidity
PIF has a Current Ratio of 3.47. This indicates that PIF is financially healthy and has no problem in meeting its short term obligations.
PIF has a Current ratio of 3.47. This is amongst the best in the industry. PIF outperforms 88.24% of its industry peers.
PIF has a Quick Ratio of 3.47. This indicates that PIF is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 3.47, PIF belongs to the top of the industry, outperforming 88.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.47 | ||
| Quick Ratio | 3.47 |
3. Growth
3.1 Past
The earnings per share for PIF have decreased strongly by -54.29% in the last year.
The earnings per share for PIF have been decreasing by -36.65% on average. This is quite bad
Looking at the last year, PIF shows a small growth in Revenue. The Revenue has grown by 5.29% in the last year.
PIF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.24% yearly.
EPS 1Y (TTM)-54.29%
EPS 3Y95.74%
EPS 5Y-36.65%
EPS Q2Q%-200%
Revenue 1Y (TTM)5.29%
Revenue growth 3Y8.38%
Revenue growth 5Y1.24%
Sales Q2Q%7.81%
3.2 Future
The Earnings Per Share is expected to grow by 85.63% on average over the next years. This is a very strong growth
PIF is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.76% yearly.
EPS Next Y-344.64%
EPS Next 2Y92.09%
EPS Next 3Y85.63%
EPS Next 5YN/A
Revenue Next Year5.64%
Revenue Next 2Y3.84%
Revenue Next 3Y8.76%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 53.27 indicates a quite expensive valuation of PIF.
Based on the Price/Earnings ratio, PIF is valued a bit cheaper than the industry average as 67.65% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.55, PIF is valued quite expensively.
PIF is valuated correctly with a Price/Forward Earnings ratio of 15.39.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PIF indicates a rather cheap valuation: PIF is cheaper than 85.29% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of PIF to the average of the S&P500 Index (23.78), we can say PIF is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.27 | ||
| Fwd PE | 15.39 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PIF is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PIF indicates a rather cheap valuation: PIF is cheaper than 91.18% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.73 | ||
| EV/EBITDA | 5.42 |
4.3 Compensation for Growth
PIF's earnings are expected to grow with 85.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y92.09%
EPS Next 3Y85.63%
5. Dividend
5.1 Amount
PIF has a Yearly Dividend Yield of 7.34%, which is a nice return.
Compared to an average industry Dividend Yield of 3.92, PIF pays a better dividend. On top of this PIF pays more dividend than 94.12% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, PIF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.34% |
5.2 History
The dividend of PIF decreases each year by -0.01%.
PIF has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.01%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PIF has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-111.16%
EPS Next 2Y92.09%
EPS Next 3Y85.63%
TSX:PIF (12/12/2025, 7:00:00 PM)
11.72
+0.02 (+0.17%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners22.6%
Inst Owner ChangeN/A
Ins Owners3.16%
Ins Owner ChangeN/A
Market Cap246.00M
Revenue(TTM)79.75M
Net Income(TTM)-11.36M
Analysts82.22
Price Target24.68 (110.58%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.34% |
Yearly Dividend0.83
Dividend Growth(5Y)-0.01%
DP-111.16%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-99%
Min EPS beat(2)-130.46%
Max EPS beat(2)-67.54%
EPS beat(4)1
Avg EPS beat(4)-87.12%
Min EPS beat(4)-265.02%
Max EPS beat(4)114.52%
EPS beat(8)2
Avg EPS beat(8)-50.37%
EPS beat(12)5
Avg EPS beat(12)-12.14%
EPS beat(16)6
Avg EPS beat(16)-35.4%
Revenue beat(2)0
Avg Revenue beat(2)-2.43%
Min Revenue beat(2)-3.83%
Max Revenue beat(2)-1.03%
Revenue beat(4)0
Avg Revenue beat(4)-2.64%
Min Revenue beat(4)-5.25%
Max Revenue beat(4)-0.45%
Revenue beat(8)1
Avg Revenue beat(8)-3%
Revenue beat(12)2
Avg Revenue beat(12)-2.58%
Revenue beat(16)2
Avg Revenue beat(16)-2.87%
PT rev (1m)0.83%
PT rev (3m)0.83%
EPS NQ rev (1m)-2.38%
EPS NQ rev (3m)-8.89%
EPS NY rev (1m)-51.39%
EPS NY rev (3m)-39.74%
Revenue NQ rev (1m)-0.88%
Revenue NQ rev (3m)-2.05%
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)-2.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.27 | ||
| Fwd PE | 15.39 | ||
| P/S | 2.24 | ||
| P/FCF | 4.73 | ||
| P/OCF | 4.67 | ||
| P/B | 0.74 | ||
| P/tB | 0.98 | ||
| EV/EBITDA | 5.42 |
EPS(TTM)0.22
EY1.88%
EPS(NY)0.76
Fwd EY6.5%
FCF(TTM)2.48
FCFY21.14%
OCF(TTM)2.51
OCFY21.43%
SpS5.23
BVpS15.81
TBVpS12
PEG (NY)N/A
PEG (5Y)N/A
Graham Number8.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.06% | ||
| ROE | -4.71% | ||
| ROCE | 5.07% | ||
| ROIC | 3.65% | ||
| ROICexc | 4.46% | ||
| ROICexgc | 5.17% | ||
| OM | 32.97% | ||
| PM (TTM) | N/A | ||
| GM | 46.49% | ||
| FCFM | 47.4% |
ROA(3y)1.06%
ROA(5y)1.83%
ROE(3y)2.15%
ROE(5y)3.85%
ROIC(3y)3.16%
ROIC(5y)3.41%
ROICexc(3y)3.83%
ROICexc(5y)4.1%
ROICexgc(3y)4.5%
ROICexgc(5y)4.61%
ROCE(3y)4.39%
ROCE(5y)4.74%
ROICexgc growth 3Y14.93%
ROICexgc growth 5Y-5.79%
ROICexc growth 3Y11.52%
ROICexc growth 5Y-7.43%
OM growth 3Y6.86%
OM growth 5Y-7.7%
PM growth 3Y67.36%
PM growth 5Y-27.97%
GM growth 3Y3.85%
GM growth 5Y-3.87%
F-Score4
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.9 | ||
| Debt/FCF | 5.83 | ||
| Debt/EBITDA | 3.84 | ||
| Cap/Depr | 1.73% | ||
| Cap/Sales | 0.65% | ||
| Interest Coverage | 1.71 | ||
| Cash Conversion | 68.12% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.47 | ||
| Quick Ratio | 3.47 | ||
| Altman-Z | -0.29 |
F-Score4
WACC6.35%
ROIC/WACC0.57
Cap/Depr(3y)59.13%
Cap/Depr(5y)47.43%
Cap/Sales(3y)23.61%
Cap/Sales(5y)18.84%
Profit Quality(3y)459.41%
Profit Quality(5y)1604.85%
High Growth Momentum
Growth
EPS 1Y (TTM)-54.29%
EPS 3Y95.74%
EPS 5Y-36.65%
EPS Q2Q%-200%
EPS Next Y-344.64%
EPS Next 2Y92.09%
EPS Next 3Y85.63%
EPS Next 5YN/A
Revenue 1Y (TTM)5.29%
Revenue growth 3Y8.38%
Revenue growth 5Y1.24%
Sales Q2Q%7.81%
Revenue Next Year5.64%
Revenue Next 2Y3.84%
Revenue Next 3Y8.76%
Revenue Next 5YN/A
EBIT growth 1Y5.23%
EBIT growth 3Y15.81%
EBIT growth 5Y-6.56%
EBIT Next Year127.14%
EBIT Next 3Y43.68%
EBIT Next 5YN/A
FCF growth 1Y42.87%
FCF growth 3Y-1.06%
FCF growth 5YN/A
OCF growth 1Y-17.83%
OCF growth 3Y-5.19%
OCF growth 5Y-4.71%
POLARIS RENEWABLE ENERGY INC / PIF.CA FAQ
What is the fundamental rating for PIF stock?
ChartMill assigns a fundamental rating of 5 / 10 to PIF.CA.
What is the valuation status of POLARIS RENEWABLE ENERGY INC (PIF.CA) stock?
ChartMill assigns a valuation rating of 5 / 10 to POLARIS RENEWABLE ENERGY INC (PIF.CA). This can be considered as Fairly Valued.
What is the profitability of PIF stock?
POLARIS RENEWABLE ENERGY INC (PIF.CA) has a profitability rating of 5 / 10.
Can you provide the expected EPS growth for PIF stock?
The Earnings per Share (EPS) of POLARIS RENEWABLE ENERGY INC (PIF.CA) is expected to decline by -344.64% in the next year.
Is the dividend of POLARIS RENEWABLE ENERGY INC sustainable?
The dividend rating of POLARIS RENEWABLE ENERGY INC (PIF.CA) is 5 / 10 and the dividend payout ratio is -111.16%.