Polaris Infrastructure (PIF) AI Stock Analysis

• Market Cap: C$253.01M
• Dividend Yield: 6.99%
• Average Volume (3M): 22.47K
• Price to Earnings (P/E): 59.8
• Beta (1Y): 0.93
• Revenue Growth: -1.45%
• EPS Growth: -210.16%
• Country: CA
• Employees: 205
• Sector: Utilities
• Sector Strength: 69
• Industry: Renewable Utilities
• EPS (TTM): -0.64
• Shares Outstanding: 21,031,765
• 10 Day Avg. Volume: 20,439
• 30 Day Avg. Volume: 22,468
• PEG Ratio: 0.24
• Price to Book (P/B): 0.73
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 192.79
• Enterprise Value/Market Cap: 1.38
• Enterprise Value/Revenue: 1.15
• Enterprise Value/Gross Profit: 10.85
• Enterprise Value/Ebitda: 1.73
• 1Y Price Target: C$16.75
• Price Target Upside: 39.24% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 70 Neutral
• Price Target: C$13.50 ▲(12.22%Upside)

Polaris Infrastructure's overall stock score of 69.55 reflects a blend of solid technical momentum and robust cash flow management, with ongoing profitability challenges. The earnings call highlighted strategic initiatives that could drive future growth, balancing current financial pressures with potential opportunities in the renewable sector.

Polaris Infrastructure Business Overview & Revenue Model

Company Description

Polaris Renewable Energy Inc. engages in the acquisition, development, and operation of renewable energy projects in Latin America. The company operates a 72 MW net geothermal facility in Nicaragua; and three run-of-river hydroelectric facilities in Peru with approximately 5 MW net, 8 MW net, and 20 MW net capacity. It also operates a solar project in the Dominican Republic with 32.6 MWdc. 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 based in Toronto, Canada.

How the Company Makes Money

Polaris Infrastructure makes money through the generation and sale of electricity from its renewable energy projects. The company's key revenue streams include long-term power purchase agreements (PPAs) with utility companies and governments, which provide a stable and predictable income. These contracts typically ensure that Polaris receives a fixed price for the electricity generated over an extended period. Additionally, the company's earnings are influenced by its strategic partnerships and investments in new projects, which help expand its portfolio and increase capacity. Factors such as government incentives for renewable energy, carbon credits, and the operational efficiency of its plants also contribute to Polaris Infrastructure's financial performance.

Polaris Infrastructure Financial Statement Overview

Summary

Polaris Infrastructure demonstrates solid operational efficiency and strong cash flow management, indicating financial resilience. However, profitability challenges and recent net losses raise concerns about overall financial health despite moderate leverage.

Income Statement

The company displays a decrease in revenue from $75.77M in 2024 to $75.43M in TTM, indicating a slight negative growth trend. The EBIT and EBITDA margins remain stable, but the net profit margin has turned negative at -15.63% due to a net loss in the TTM period. This suggests profitability challenges despite stable operational efficiency.

Balance Sheet

The debt-to-equity ratio is at a moderate level, reflecting balanced leverage. However, the declining equity ratio from previous years indicates a reduced cushion against liabilities. The ROE has turned negative, emphasizing profitability issues and potential risks in financial stability.

Cash Flow

The company shows strong free cash flow growth with a significant increase from the previous year. The operating cash flow to net income ratio highlights robust cash generation capabilities despite the net loss. This reflects solid cash flow performance, providing financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	75.43M	75.77M	78.52M	62.60M	59.52M	74.72M
Gross Profit	32.20M	32.81M	35.92M	25.19M	22.75M	38.77M
EBITDA	40.42M	49.84M	56.99M	40.90M	45.69M	78.59M
Net Income	-11.80M	2.99M	11.74M	2.50M	501.00K	28.84M
Balance Sheet
Total Assets	558.22M	662.11M	519.40M	535.10M	502.70M	491.12M
Cash, Cash Equivalents and Short-Term Investments	87.02M	213.31M	40.05M	35.33M	97.93M	60.06M
Total Debt	219.25M	317.70M	175.12M	187.33M	170.99M	189.99M
Total Liabilities	312.42M	402.58M	249.47M	264.89M	241.88M	264.35M
Stockholders Equity	245.99M	259.75M	269.34M	269.68M	262.76M	228.75M
Cash Flow
Free Cash Flow	35.97M	31.69M	32.57M	1.02M	32.72M	33.42M
Operating Cash Flow	38.13M	35.05M	43.96M	33.51M	41.13M	40.31M
Investing Cash Flow	-16.77M	-3.31M	-11.38M	-65.99M	-10.15M	-2.85M
Financing Cash Flow	24.64M	141.51M	-27.71M	-30.13M	6.89M	-9.99M

Polaris Infrastructure Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PIF, the sentiment is Positive. The current price of 12.03 is above the 20-day moving average (MA) of 12.01, above the 50-day MA of 11.84, and above the 200-day MA of 11.99, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 52.39 is Neutral, neither overbought nor oversold. The STOCH value of 63.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PIF.

Polaris Infrastructure Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PIF	70 Neutral	C$253.01M	59.81	-4.70%	6.99%	-1.45%	-210.16%
Sector *	67 Neutral	$16.35B	16.91	4.45%	3.59%	4.76%	6.21%
INE	67 Neutral	C$2.79B	69.91	4.20%	2.62%	0.97%	―
BLX	59 Neutral	C$3.25B	295.23	0.67%	2.09%	-16.63%	-87.78%
GRB	35 Underperform	C$17.61M	―	-90.04%	―	-100.00%	-14.57%
AQN		$4.41B	―	5.54%	4.52%	―	―
NPIFF		$4.31B	23.24	6.08%	5.33%	―	―

Polaris Infrastructure Corporate Events

Polaris Renewable Energy to Host Q2 2025 Earnings Call

Polaris Renewable Energy Inc. announced that it will hold its Earnings Conference Call and Webcast to report its Q2 2025 Earnings Results on July 31, 2025. This announcement highlights the company’s ongoing commitment to transparency and engagement with its investors, which may positively impact its operations and industry positioning.

The most recent analyst rating on (TSE:PIF) stock is a Buy with a C$20.00 price target. To see the full list of analyst forecasts on Polaris Infrastructure stock, see the TSE:PIF Stock Forecast page.

Polaris Renewable Energy Confirms Director Elections at Annual Meeting

Polaris Renewable Energy Inc. announced the successful election of all six director nominees at its annual shareholder meeting. This election ensures continuity in leadership as the company continues its operations in the renewable energy sector, potentially strengthening its position in the market and reassuring stakeholders of its strategic direction.

The most recent analyst rating on (TSE:PIF) stock is a Buy with a C$20.00 price target. To see the full list of analyst forecasts on Polaris Infrastructure stock, see the TSE:PIF Stock Forecast page.

Polaris Renewable Energy Declares Quarterly Dividend

Polaris Renewable Energy Inc. has announced a quarterly dividend of US$0.15 per common share, payable on May 23rd to shareholders of record as of May 12th. The company’s board remains committed to maintaining and potentially increasing these dividends, reflecting its strong financial performance and dedication to shareholder value.

Polaris Renewable Energy Reports Q1 2025 Results with Strategic Acquisitions and Debt Optimization

Polaris Renewable Energy reported its Q1 2025 results, highlighting a slight increase in energy production due to the acquisition of a Puerto Rican wind farm. Despite a stable revenue stream, the company faced net losses attributed to one-time finance costs. The acquisition of the Punta Lima Wind Farm in Puerto Rico is expected to enhance future production, with a Power Purchase Agreement in place until 2044. The company’s debt optimization strategy, including the settlement of credit facilities, aims to reduce borrowing costs, which is a strategic move to strengthen its financial position.