Polaris Renewable Energy Inc.PIF.TO

$14.90+0.03 (+0.20%)
TSXUtilities24:00 UTC

Company snapshot

Market Cap
$312M
Small-cap
+120%
2016 — today
10-Year Price
+63%
2016 — today
52-Week Range
$11.60$14.90
Current $14.90· 100%

Polaris Renewable Energy Inc., a company established in 1984 and headquartered in Toronto, Canada, focuses on the acquisition, development, and operation of sustainable power generation projects across Latin America. Its operational portfolio includes a 72 MW (net) geothermal power facility located in Nicaragua. Additionally, the company manages three separate run-of-river hydroelectric plants in Peru, boasting individual net capacities of approximately 5 MW, 8 MW, and 20 MW. Polaris also oversees a 32.6 MWdc solar energy project situated in the Dominican Republic. The firm adopted its current name, Polaris Renewable Energy Inc., in July 2022, having previously operated as Polaris Infrastructure Inc.

Valuation in context

P/E ratio
44.5
Above average
Pricier than usual over the last 10 years
P/B ratio
1.3
Historically pricey
Historically pricey — last 10 years
EV / EBITDA
7.4
Around average
Around the 10-year average
Dividend Yield
5.6%
Around average
Around the 10-year average
FCF Yield
9.4%
Around average
Around the 10-year average
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