Polaris Renewable Energy Inc.

Polaris Renewable Energy Inc.verified

PIF.TO

Price:

$12.72

Market Cap:

$197.67M

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.[Read more]

Industry

Renewable Utilities

IPO Date

2007-01-19

Stock Exchange

TSX

Ticker

PIF.TO

The Enterprise Value as of September 2024 (TTM) for Polaris Renewable Energy Inc. (PIF.TO) is 325.71M

According to Polaris Renewable Energy Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 325.71M. This represents a change of -3.03% compared to the average of 335.89M of the last 4 quarters.

Polaris Renewable Energy Inc. (PIF.TO) Historical Enterprise Value (quarterly & annually)

How has PIF.TO Enterprise Value performed in the past?

The mean historical Enterprise Value of Polaris Renewable Energy Inc. over the last ten years is 302.16M. The current 325.71M Enterprise Value has changed 10.68% with respect to the historical average. Over the past ten years (40 quarters), PIF.TO's Enterprise Value was at its highest in in the June 2022 quarter at 434.87M. The Enterprise Value was at its lowest in in the December 2015 quarter at 207.15M.

Quarterly (TTM)
Annual

Average

302.16M

Median

316.15M

Minimum

176.44M

Maximum

365.16M

Polaris Renewable Energy Inc. (PIF.TO) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Polaris Renewable Energy Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 74.89%

Maximum Annual Enterprise Value = 365.16M

Minimum Annual Increase = -23.07%

Minimum Annual Enterprise Value = 176.44M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2023345.03M-1.26%
2022349.42M7.94%
2021323.72M-11.35%
2020365.16M21.73%
2019299.97M9.50%
2018273.94M-21.73%
2017349.99M13.42%
2016308.58M74.89%
2015176.44M-23.07%
2014229.36M-11.98%

Polaris Renewable Energy Inc. (PIF.TO) Average Enterprise Value

How has PIF.TO Enterprise Value performed in the past?

The current Enterprise Value of Polaris Renewable Energy Inc. (PIF.TO) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

339.39M

5-year avg

336.66M

10-year avg

302.16M

Polaris Renewable Energy Inc. (PIF.TO) Enterprise Value vs. Peers

How is PIF.TO’s Enterprise Value compared to its peers?

Polaris Renewable Energy Inc.’s Enterprise Value is less than Innergex Renewable Energy Inc. (8.14B), less than Boralex Inc. (6.68B), less than Northland Power Inc. (12.78B), greater than Viemed Healthcare, Inc. (297.35M), less than TransAlta Renewables Inc. (4.09B),

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Frequently asked questions❓

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