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Polaris Renewable Energy(TSX) PIF

Market CapCA$322.93MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2009)-100%
5 Year+12%
1 Year+32%
1 Month-0%
CA$15.45
+1.11%
+0.17Today
Polaris Renewable Energy last closing stock price
MetricPriceDate
Last closeCAD 15.452026-08-06
Polaris Renewable Energy stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+3.14%CAD 14.982026-07-30
1 month-0.06%CAD 15.462026-07-07
3 month+25.34%CAD 12.332026-05-08
Year to date+35.33%CAD 11.422025-12-31
1 year+32.08%CAD 11.702025-08-06
3 year+29.12%CAD 11.972023-08-04
5 year+11.88%CAD 13.812021-08-06
Since inception-99.62%CAD 4,002.942009-10-21

Polaris Renewable Energy Financials at a Glance

Market Cap

CA$322.93MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$77.48M

Net Income (TTM)

$4.14M

EPS (TTM)

CA$0.27

P/E Ratio

57.80

Dividend

CA$0.83

Beta (Volatility)

0.77 (Low)

Price

CA$15.45

Volume

49,096

Open

CA$15.33

Previous Close

CA$15.45

Daily Range

CA$15.30 - CA$15.54

52-Week Range

CA$11.55 - CA$16.08

Estimated Earnings Date

Oct 29, 2026

PIF News

No articles available.

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About Polaris Renewable Energy

Polaris Renewable Energy Inc. is a Toronto-based company focused on the acquisition, development, and operation of sustainable power generation projects across Latin America. Established in 1984, the company operates a diverse portfolio that includes geothermal, hydroelectric, and solar energy facilities.

Products and Services
  • 72 MW geothermal power facility in Nicaragua
  • Three run-of-river hydroelectric plants in Peru
  • 32.6 MWdc solar energy project in the Dominican Republic
Growth Outlook
  • Strong demand for renewable energy solutions in Latin America
  • Expansion plans for additional renewable projects in the region
  • Increased focus on sustainability aligns with global energy trends
Financial Highlights
  • Recent quarterly revenue of $19.42 million, showing stable performance
  • Trailing twelve months (TTM) dividend yield of 5.49%
  • Current ratio of 4.75 indicates strong liquidity position
Polaris Renewable Energy Inc. has established itself as a key player in the renewable energy sector, particularly in Latin America. The company's operational portfolio is diverse, featuring geothermal, hydroelectric, and solar energy projects that cater to the growing demand for sustainable energy solutions. The recent quarterly revenue reflects a stable performance, while the TTM dividend yield highlights the company's commitment to returning value to shareholders. With a strong liquidity position, indicated by a current ratio of 4.75, Polaris is well-positioned to pursue further growth opportunities in the renewable energy market. The increasing global focus on sustainability and renewable energy solutions presents a favorable environment for Polaris Renewable Energy Inc. to expand its operations and enhance its market presence.
AI Generated • Aug 4, 2026

Industry

Independent Power and Renewable Electricity Producers

Sector

Utilities

Employees

215

CEO

Marc Murnaghan

Website

www.polarisrei.com

Headquarters

Toronto, ON M5S 2B7, CA

PIF Financials

Key Financial Metrics (TTM)

Gross Margin

38.84%

Operating Margin

31.23%

Net Income Margin

5.34%

Return on Equity

1.73%

Return on Capital

6.44%

Return on Assets

0.79%

Earnings Yield

1.73%

Dividend Yield

5.36%

Payout Ratio

3.01%

Stock Overview

Market Cap

CA$322.93MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

20.90M

Volume

49.10K

Avg. Volume

44.66K

Financials (TTM)

Gross Profit

$30.09M

Operating Income

$24.20M

EBITDA

$55.35M

Operating Cash Flow

$31.95M

Capital Expenditure

-$906.14K

Free Cash Flow

$31.04M

Cash & ST Invst.

$94.07M

Total Debt

$219.00M

Polaris Renewable Energy Performance Analysis

Polaris Renewable Energy annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 81,496,0289.2%
20232023-12-31USD 105,980,12030.0%
20242024-12-31USD 103,806,099-2.1%
20252025-12-31USD 112,453,7848.3%
Polaris Renewable Energy sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-13.1%
Q42025-12-315.4%
Q12026-03-31-1.9%
Q22026-06-30-0.1%
Polaris Renewable Energy annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 0.16389.1%
20232023-12-31USD 0.75366.0%
20242024-12-31USD 0.19-74.3%
20252025-12-31USD -0.18N/A
Polaris Renewable Energy sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-115.4%
Q42025-12-311918.2%
Q12026-03-31-110.6%
Q22026-06-30-33.1%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$19.42M

-10.3%

Gross Profit

$7.57M

-23.1%

Gross Margin

39.00%

N/A

Market Cap

CA$322.93MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

CA$1.50M

N/A

Employees

215

N/A

Net Income

-$826.11K

-137.5%

EBITDA

$13.26M

-22.2%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$94.07M

+9.3%

Total Debt

$219.00M

-0.6%

Accounts Receivable

$12.40M

-5.1%

Inventory

$0.00

N/A

Long Term Debt

$214.50M

-0.6%

Short Term Debt

$4.50M

+4.0%

Return on Assets

0.79%

N/A

Return on Invested Capital

4.80%

N/A

Free Cash Flow

$6.09M

+35.5%

Operating Cash Flow

$6.33M

+32.8%

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Questions About PIF

What is the current price of Polaris Renewable Energy?

Polaris Renewable Energy is trading at CA$15.45 per share.

What is the 52-week range for Polaris Renewable Energy?

Over the past 52 weeks, Polaris Renewable Energy has traded between CA$11.55 and CA$16.08.

How much debt does Polaris Renewable Energy have?

As of the most recent reporting period, Polaris Renewable Energy reported total debt of $311.21M.

How much cash does Polaris Renewable Energy have on hand?

Polaris Renewable Energy reported $133.67M in cash and cash equivalents in its most recent financial results.

What is Polaris Renewable Energy’s dividend yield?

Polaris Renewable Energy currently has a dividend yield of 5.36%.

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