POLARIS RENEWABLE ENERGY INC (PIF.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:PIF - CA73108L1013 - Common Stock
12.04 CAD
+0.09 (+0.75%)
We assign a fundamental rating of 6 out of 10 to PIF. PIF was compared to 33 industry peers in the Independent Power and Renewable Electricity Producers industry. Both the profitability and the financial health of PIF get a neutral evaluation. Nothing too spectacular is happening here. PIF has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
PIF had positive earnings in the past year.
In the past year PIF had a positive cash flow from operations.
Each year in the past 5 years PIF has been profitable.
Each year in the past 5 years PIF had a positive operating cash flow.
1.2 Ratios
PIF has a better Return On Assets (-2.06%) than 60.61% of its industry peers.
PIF has a Return On Equity of -4.71%. This is in the better half of the industry: PIF outperforms 75.76% of its industry peers.
PIF has a better Return On Invested Capital (3.65%) than 84.85% 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 3.80%.
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
PIF's Profit Margin has declined in the last couple of years.
PIF's Operating Margin of 32.97% is amongst the best of the industry. PIF outperforms 81.82% of its industry peers.
PIF's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 46.49%, PIF is not doing good in the industry: 69.70% 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.
PIF has about the same amout of shares outstanding than it did 1 year ago.
PIF has more shares outstanding than it did 5 years ago.
PIF has a worse debt/assets ratio than last year.
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.
PIF's Altman-Z score of -0.29 is in line compared to the rest of the industry. PIF outperforms 42.42% of its industry peers.
The Debt to FCF ratio of PIF is 5.83, which is a neutral value as it means it would take PIF, 5.83 years of fcf income to pay off all of its debts.
PIF has a better Debt to FCF ratio (5.83) than 84.85% of its industry peers.
PIF has a Debt/Equity ratio of 0.90. This is a neutral value indicating PIF is somewhat dependend on debt financing.
PIF has a Debt to Equity ratio of 0.90. This is amongst the best in the industry. PIF outperforms 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.9 | ||
| Debt/FCF | 5.83 | ||
| Altman-Z | -0.29 |
ROIC/WACC0.55
WACC6.58%
2.3 Liquidity
A Current Ratio of 3.47 indicates that PIF has no problem at all paying its short term obligations.
With an excellent Current ratio value of 3.47, PIF belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
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.
With an excellent Quick ratio value of 3.47, PIF belongs to the best of the industry, outperforming 90.91% 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.
Measured over the past years, PIF shows a small growth in Revenue. The Revenue has been growing by 1.24% on average per year.
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
Based on estimates for the next years, PIF will show a very strong growth in Earnings Per Share. The EPS will grow by 61.02% on average per year.
Based on estimates for the next years, PIF will show a quite strong growth in Revenue. The Revenue will grow by 8.82% on average per year.
EPS Next Y-261.6%
EPS Next 2Y88.46%
EPS Next 3Y61.02%
EPS Next 5YN/A
Revenue Next Year6.71%
Revenue Next 2Y4.97%
Revenue Next 3Y8.82%
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
The Price/Earnings ratio is 54.73, which means the current valuation is very expensive for PIF.
69.70% of the companies in the same industry are more expensive than PIF, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of PIF to the average of the S&P500 Index (26.31), we can say PIF is valued expensively.
PIF is valuated correctly with a Price/Forward Earnings ratio of 16.12.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PIF indicates a somewhat cheap valuation: PIF is cheaper than 78.79% of the companies listed in the same industry.
PIF is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.73 | ||
| Fwd PE | 16.12 |
4.2 Price Multiples
PIF's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. PIF is cheaper than 100.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PIF indicates a rather cheap valuation: PIF is cheaper than 90.91% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.77 | ||
| EV/EBITDA | 5.44 |
4.3 Compensation for Growth
PIF has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as PIF's earnings are expected to grow with 61.02% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y88.46%
EPS Next 3Y61.02%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.19%, PIF is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.78, PIF pays a better dividend. On top of this PIF pays more dividend than 93.94% of the companies listed in the same industry.
PIF's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.19% |
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 2Y88.46%
EPS Next 3Y61.02%
TSX:PIF (11/28/2025, 7:00:00 PM)
12.04
+0.09 (+0.75%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners21.93%
Inst Owner ChangeN/A
Ins Owners3.16%
Ins Owner ChangeN/A
Market Cap252.72M
Revenue(TTM)79.75M
Net Income(TTM)-11.36M
Analysts82.5
Price Target24.68 (104.98%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.19% |
Yearly Dividend0.84
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)-6.82%
EPS NQ rev (3m)-8.89%
EPS NY rev (1m)-29.73%
EPS NY rev (3m)7.69%
Revenue NQ rev (1m)-1.58%
Revenue NQ rev (3m)-2.05%
Revenue NY rev (1m)-1.11%
Revenue NY rev (3m)-1.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 54.73 | ||
| Fwd PE | 16.12 | ||
| P/S | 2.26 | ||
| P/FCF | 4.77 | ||
| P/OCF | 4.71 | ||
| P/B | 0.75 | ||
| P/tB | 0.99 | ||
| EV/EBITDA | 5.44 |
EPS(TTM)0.22
EY1.83%
EPS(NY)0.75
Fwd EY6.2%
FCF(TTM)2.52
FCFY20.97%
OCF(TTM)2.56
OCFY21.25%
SpS5.32
BVpS16.1
TBVpS12.22
PEG (NY)N/A
PEG (5Y)N/A
Graham Number8.93
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
WACC6.58%
ROIC/WACC0.55
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-261.6%
EPS Next 2Y88.46%
EPS Next 3Y61.02%
EPS Next 5YN/A
Revenue 1Y (TTM)5.29%
Revenue growth 3Y8.38%
Revenue growth 5Y1.24%
Sales Q2Q%7.81%
Revenue Next Year6.71%
Revenue Next 2Y4.97%
Revenue Next 3Y8.82%
Revenue Next 5YN/A
EBIT growth 1Y5.23%
EBIT growth 3Y15.81%
EBIT growth 5Y-6.56%
EBIT Next Year129.39%
EBIT Next 3Y42.46%
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 -261.6% 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%.