Polaris Renewable Energy Inc.

Polaris Renewable Energy Inc.verified

PIF.TO

Price:

$12.4

Market Cap:

$188.09M

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 ROE as of November 2024 (TTM) for Polaris Renewable Energy Inc. (PIF.TO) is 2.87%

According to Polaris Renewable Energy Inc.’s latest financial reports and current stock price. The company's current ROE is 2.87%. This represents a change of 300.48% compared to the average of 0.72% of the last 4 quarters.

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

How has PIF.TO ROE performed in the past?

The mean historical ROE of Polaris Renewable Energy Inc. over the last ten years is -0.59%. The current 2.87% ROE has changed -589.02% with respect to the historical average. Over the past ten years (40 quarters), PIF.TO's ROE was at its highest in in the December 2020 quarter at 10.57%. The ROE was at its lowest in in the September 2015 quarter at -11.43%.

Quarterly (TTM)
Annual

Average

-0.59%

Median

0.91%

Minimum

-18.46%

Maximum

12.61%

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

Discovering the peaks and valleys of Polaris Renewable Energy Inc. ROE, 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 = 588.42%

Maximum Annual ROE = 12.61%

Minimum Annual Increase = -140.57%

Minimum Annual ROE = -18.46%

Quarterly (TTM)
Annual
YearROEChange
20234.36%370.53%
20220.93%386.01%
20210.19%-98.49%
202012.61%81.99%
20196.93%13.48%
20186.10%588.42%
20170.89%-140.57%
2016-2.19%-88.16%
2015-18.46%7.09%
2014-17.24%-44.83%

Polaris Renewable Energy Inc. (PIF.TO) Average ROE

How has PIF.TO ROE performed in the past?

The current ROE 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

1.83%

5-year avg

5.00%

10-year avg

-0.59%

Polaris Renewable Energy Inc. (PIF.TO) ROE vs. Peers

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

Polaris Renewable Energy Inc.’s ROE is greater than Innergex Renewable Energy Inc. (-11.21%), less than Boralex Inc. (4.87%), less than Northland Power Inc. (1.68%), less than Viemed Healthcare, Inc. (8.97%), less than TransAlta Renewables Inc. (5.70%),

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