POLARIS RENEWABLE ENERGY INC (PIF.CA) Fundamental Analysis & Valuation
TSX:PIF • CA73108L1013
Current stock price
12.75 CAD
+0.1 (+0.79%)
Last:
This PIF.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. PIF.CA Profitability Analysis
1.1 Basic Checks
- PIF had positive earnings in the past year.
- PIF had a positive operating cash flow in the past year.
- PIF had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years PIF had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of PIF (-0.51%) is better than 68.75% of its industry peers.
- Looking at the Return On Equity, with a value of -1.13%, PIF is in the better half of the industry, outperforming 78.13% of the companies in the same industry.
- PIF has a Return On Invested Capital of 3.66%. This is amongst the best in the industry. PIF outperforms 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.51% | ||
| ROE | -1.13% | ||
| ROIC | 3.66% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- PIF's Operating Margin of 32.58% is amongst the best of the industry. PIF outperforms 81.25% of its industry peers.
- In the last couple of years the Operating Margin of PIF has declined.
- Looking at the Gross Margin, with a value of 45.59%, PIF is in line with its industry, outperforming 43.75% of the companies in the same industry.
- PIF's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.58% | ||
| PM (TTM) | N/A | ||
| GM | 45.59% |
OM growth 3Y5.02%
OM growth 5Y-5.58%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.03%
GM growth 5Y-2.55%
2. PIF.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PIF is destroying value.
- PIF has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- Based on the Altman-Z score of -0.25, we must say that PIF is in the distress zone and has some risk of bankruptcy.
- PIF has a Altman-Z score (-0.25) which is comparable to the rest of the industry.
- PIF has a debt to FCF ratio of 6.38. This is a slightly negative value and a sign of low solvency as PIF would need 6.38 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 6.38, PIF belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
- PIF has a Debt/Equity ratio of 0.89. This is a neutral value indicating PIF is somewhat dependend on debt financing.
- PIF has a Debt to Equity ratio of 0.89. This is amongst the best in the industry. PIF outperforms 90.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 6.38 | ||
| Altman-Z | -0.25 |
ROIC/WACC0.45
WACC8.2%
2.3 Liquidity
- PIF has a Current Ratio of 5.25. This indicates that PIF is financially healthy and has no problem in meeting its short term obligations.
- With an excellent Current ratio value of 5.25, PIF belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
- PIF has a Quick Ratio of 5.25. This indicates that PIF is financially healthy and has no problem in meeting its short term obligations.
- With an excellent Quick ratio value of 5.25, PIF belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.25 | ||
| Quick Ratio | 5.25 |
3. PIF.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 280.00% over the past year.
- PIF shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -19.63% yearly.
- Looking at the last year, PIF shows a small growth in Revenue. The Revenue has grown by 6.21% in the last year.
- The Revenue has been growing slightly by 1.50% on average over the past years.
EPS 1Y (TTM)280%
EPS 3Y63.67%
EPS 5Y-19.63%
EPS Q2Q%315.38%
Revenue 1Y (TTM)6.21%
Revenue growth 3Y8.74%
Revenue growth 5Y1.5%
Sales Q2Q%3.83%
3.2 Future
- The Earnings Per Share is expected to decrease by -32.56% on average over the next years. This is quite bad
- PIF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.19% yearly.
EPS Next Y-55.7%
EPS Next 2Y-32.56%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.17%
Revenue Next 2Y3.19%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. PIF.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 16.14, the valuation of PIF can be described as correct.
- Compared to the rest of the industry, the Price/Earnings ratio of PIF indicates a rather cheap valuation: PIF is cheaper than 96.88% of the companies listed in the same industry.
- PIF is valuated rather cheaply when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 36.48, the valuation of PIF can be described as expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of PIF indicates a somewhat cheap valuation: PIF is cheaper than 65.63% of the companies listed in the same industry.
- PIF is valuated expensively when we compare the Price/Forward Earnings ratio to 23.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.14 | ||
| Fwd PE | 36.48 |
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.
- PIF's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PIF is cheaper than 90.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.58 | ||
| EV/EBITDA | 5.73 |
4.3 Compensation for Growth
- PIF's earnings are expected to decrease with -32.56% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-32.56%
EPS Next 3YN/A
5. PIF.CA Dividend Analysis
5.1 Amount
- PIF has a Yearly Dividend Yield of 7.00%, which is a nice return.
- PIF's Dividend Yield is rather good when compared to the industry average which is at 3.39. PIF pays more dividend than 93.75% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.89, PIF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7% |
5.2 History
- The dividend of PIF decreases each year by -0.01%.
- PIF has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of PIF decreased recently.
Dividend Growth(5Y)-0.01%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
- PIF has negative earnings and hence a negative payout ratio. The dividend may be in danger.
- The Dividend Rate of PIF has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP-459.32%
EPS Next 2Y-32.56%
EPS Next 3YN/A
PIF.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:PIF (4/9/2026, 7:00:00 PM)
12.75
+0.1 (+0.79%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)02-19 2026-02-19/bmo
Earnings (Next)04-30 2026-04-30
Inst Owners22.44%
Inst Owner ChangeN/A
Ins Owners3.21%
Ins Owner ChangeN/A
Market Cap266.48M
Revenue(TTM)80.48M
Net Income(TTM)-2.75M
Analysts82.22
Price Target23.1 (81.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7% |
Yearly Dividend0.83
Dividend Growth(5Y)-0.01%
DP-459.32%
Div Incr Years0
Div Non Decr Years1
Ex-Date02-17 2026-02-17 (0.15)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)44.7%
Min EPS beat(2)-130.46%
Max EPS beat(2)219.87%
EPS beat(4)2
Avg EPS beat(4)34.1%
Min EPS beat(4)-130.46%
Max EPS beat(4)219.87%
EPS beat(8)3
Avg EPS beat(8)-19.05%
EPS beat(12)5
Avg EPS beat(12)-11.09%
EPS beat(16)7
Avg EPS beat(16)-10.03%
Revenue beat(2)0
Avg Revenue beat(2)-2.42%
Min Revenue beat(2)-3.83%
Max Revenue beat(2)-1%
Revenue beat(4)0
Avg Revenue beat(4)-1.58%
Min Revenue beat(4)-3.83%
Max Revenue beat(4)-0.45%
Revenue beat(8)1
Avg Revenue beat(8)-2.05%
Revenue beat(12)2
Avg Revenue beat(12)-2.29%
Revenue beat(16)2
Avg Revenue beat(16)-2.52%
PT rev (1m)-2.58%
PT rev (3m)-6.4%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-71.43%
EPS NY rev (1m)0%
EPS NY rev (3m)-54.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.79%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.14 | ||
| Fwd PE | 36.48 | ||
| P/S | 2.39 | ||
| P/FCF | 5.58 | ||
| P/OCF | 5.46 | ||
| P/B | 0.79 | ||
| P/tB | 1.03 | ||
| EV/EBITDA | 5.73 |
EPS(TTM)0.79
EY6.2%
EPS(NY)0.35
Fwd EY2.74%
FCF(TTM)2.28
FCFY17.91%
OCF(TTM)2.33
OCFY18.31%
SpS5.33
BVpS16.11
TBVpS12.4
PEG (NY)N/A
PEG (5Y)N/A
Graham Number16.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.51% | ||
| ROE | -1.13% | ||
| ROCE | 5.08% | ||
| ROIC | 3.66% | ||
| ROICexc | 4.42% | ||
| ROICexgc | 5.08% | ||
| OM | 32.58% | ||
| PM (TTM) | N/A | ||
| GM | 45.59% | ||
| FCFM | 42.83% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y5.02%
OM growth 5Y-5.58%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.03%
GM growth 5Y-2.55%
F-Score5
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 6.38 | ||
| Debt/EBITDA | 3.82 | ||
| Cap/Depr | 2.55% | ||
| Cap/Sales | 0.96% | ||
| Interest Coverage | 1.33 | ||
| Cash Conversion | 62.41% | ||
| Profit Quality | N/A | ||
| Current Ratio | 5.25 | ||
| Quick Ratio | 5.25 | ||
| Altman-Z | -0.25 |
F-Score5
WACC8.2%
ROIC/WACC0.45
Cap/Depr(3y)17.67%
Cap/Depr(5y)42.36%
Cap/Sales(3y)6.63%
Cap/Sales(5y)17.18%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)280%
EPS 3Y63.67%
EPS 5Y-19.63%
EPS Q2Q%315.38%
EPS Next Y-55.7%
EPS Next 2Y-32.56%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.21%
Revenue growth 3Y8.74%
Revenue growth 5Y1.5%
Sales Q2Q%3.83%
Revenue Next Year-1.17%
Revenue Next 2Y3.19%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y6.04%
EBIT growth 3Y14.19%
EBIT growth 5Y-4.17%
EBIT Next Year116.56%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y8.78%
FCF growth 3Y222.89%
FCF growth 5Y0.62%
OCF growth 1Y0.54%
OCF growth 3Y1.7%
OCF growth 5Y-2.65%
POLARIS RENEWABLE ENERGY INC / PIF.CA Fundamental Analysis FAQ
What is the fundamental rating for PIF stock?
ChartMill assigns a fundamental rating of 5 / 10 to PIF.CA.
Can you provide the valuation status for POLARIS RENEWABLE ENERGY INC?
ChartMill assigns a valuation rating of 5 / 10 to POLARIS RENEWABLE ENERGY INC (PIF.CA). This can be considered as Fairly Valued.
How profitable is POLARIS RENEWABLE ENERGY INC (PIF.CA) 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 -55.7% in the next year.
Can you provide the dividend sustainability for PIF stock?
The dividend rating of POLARIS RENEWABLE ENERGY INC (PIF.CA) is 5 / 10 and the dividend payout ratio is -459.32%.