Polaris Renewable Energy Inc.
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Stock Performance
Price History
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Market Data
Market Cap
253.9M
P/E Ratio
-
52-Week High
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52-Week Low
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Avg Volume
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Beta
-
Forward P/E
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Dividend Yield
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EV/Revenue
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Price/Book
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Business Overview
Polaris Renewable Energy Inc. engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America and the Caribbean. It is involved in the operation of an 82 megawatt (MW) capacity geothermal facility in Nicaragua; 3 run-of-river hydroelectric facilities with a combined capacity of approximately 33 MW in Peru; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama. The company was formerly known as Polaris Infrastructure Inc. and changed its name to Polaris Renewable Energy Inc. in July 2022. Polaris Renewable Energy Inc. was incorporated in 1984 and is headquartered in Toronto, Canada.
Utilities
Utilities - Renewable
TSX
Key Financial Metrics
75.8M
Revenue
3.0M
Net Income
C$0.14
EPS (Diluted)
31.7M
Free Cash Flow
Profitability
Gross Margin
43.3%
Operating Margin
32.6%
Net Profit Margin
3.9%
EBITDA
49.8M
Returns & Efficiency
Return on Assets (ROA)
0.5%
Return on Equity (ROE)
1.2%
Dividend Yield
678.00%
Payout Ratio
-
Financial Health
Total Assets
662.1M
Total Debt
330.9M
Debt to Equity
1.27x
Current Ratio
6.76
Company Info
| Industry | Utilities - Renewable |
| HQ | Toronto, Canada |
| Employees | 215 |
| Fiscal Year End | 1767139200 |
| Currency | CAD |
| Website | polarisrei.com |
Peers
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P/E: 96.7
Insider Activity
Sentiment
Bullish
Shares Bought
215,034
Shares Sold
0
Total Transactions
150
SEDAR+ Filings
View All Filings3
Annual Reports
24
Quarterly Reports
27
MD&A
101
News Releases
4
Material Changes
17
Governance
54
Certifications
50
Other
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2026-02-19
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2026-02-19
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2021-05-18
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2024-11-25
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2022-08-15
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2019-05-17
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2018-11-09
Interactive Charts
Company Profile
General Information
| Company Name | Polaris Renewable Energy Inc. |
| Ticker | PIF.TO |
| Exchange | TSX |
| Sector | Utilities |
| Industry | Utilities - Renewable |
| Headquarters | Toronto, Canada |
| Employees | 215 |
| Fiscal Year End | 1767139200 |
| Currency | CAD |
| Website | polarisrei.com |
Financial Summary
| Market Cap | 253.9M |
| Revenue | 75.8M |
| Net Income | 3.0M |
| P/E Ratio | N/A |
| EPS (Diluted) | C$0.14 |
| Net Margin | 3.9% |
| ROE | 1.2% |
| Dividend Yield | 678.00% |
Business Description
Polaris Renewable Energy Inc. engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America and the Caribbean. It is involved in the operation of an 82 megawatt (MW) capacity geothermal facility in Nicaragua; 3 run-of-river hydroelectric facilities with a combined capacity of approximately 33 MW in Peru; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama. The company was formerly known as Polaris Infrastructure Inc. and changed its name to Polaris Renewable Energy Inc. in July 2022. Polaris Renewable Energy Inc. was incorporated in 1984 and is headquartered in Toronto, Canada.