Polaris Infrastructure Inc trades with the ticker PIF on the TSX and is in the Utilities – Renewable industry.
Overview
Polaris Renewable Energy Inc. engages in the acquisition, development, and operation of renewable energy projects in Latin America. It operates a 72 MW net geothermal facility in Nicaragua; and 4 run-of-river hydroelectric facilities in Peru and Ecuador with approximately 33 MW net capacity; and solar project in the Dominican Republic and 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.
Looking to invest in Polaris Infrastructure Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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PIF.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $239.418MM
PE Ratio: 15.147
Price: 11.39 (Updated: 3/12/2024 0:47:16)
Polaris Infrastructure Inc (PIF) vs Competitors in Utilities – Renewable
Lets see how PIF.TO stacks up against others in the Utilities – Renewable asset management industry. We have identified its main peers as:Algonquin Power & Utilities Corp, Brookfield Renewable Partners L.P, Boralex Inc, Innergex Renewable Energy Inc, Northland Power Inc
.Utilities – Renewable Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Algonquin Power & Utilities Corp (AQN) | $5,955.301 | N/A | 43.311 | 7.3% |
| Brookfield Renewable Partners L.P (BEP-UN) | $21,543.555 | N/A | 12.062 | 6.0% |
| Boralex Inc (BLX) | $3,072.704 | 38.831 | 11.002 | 2.2% |
| Innergex Renewable Energy Inc (INE) | $1,768.077 | N/A | 15.629 | 4.2% |
| Northland Power Inc (NPI) | $6,143.534 | N/A | 13.595 | 5.0% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Utilities – Renewable
- Polaris Infrastructure Inc (PIF) vs Algonquin Power & Utilities Corp (AQN)
- PIF has higher EPS (0.75 vs -0.49). AQN has higher dividend yield (7.3% vs 7.0%). AQN has a P/E under 0, indicating PIF (P/E 15.147) is in a better position.
- Polaris Infrastructure Inc (PIF) vs Brookfield Renewable Partners L.P (BEP-UN)
- PIF has higher EPS (0.75 vs -0.43). PIF has higher dividend yield (7.0% vs 6.0%). BEP-UN has a P/E under 0, indicating PIF (P/E 15.147) is in a better position.
- Polaris Infrastructure Inc (PIF) vs Boralex Inc (BLX)
- BLX has higher EPS (0.77 vs 0.75). PIF has higher dividend yield (7.0% vs 2.2%). BLX has a higher P/E ratio (38.831 vs 15.147) indicating it’s more expensive.
- Polaris Infrastructure Inc (PIF) vs Innergex Renewable Energy Inc (INE)
- PIF has higher EPS (0.75 vs -0.51). PIF has higher dividend yield (7.0% vs 4.2%). INE has a P/E under 0, indicating PIF (P/E 15.147) is in a better position.
- Polaris Infrastructure Inc (PIF) vs Northland Power Inc (NPI)
- PIF has higher EPS (0.75 vs -0.72). PIF has higher dividend yield (7.0% vs 5.0%). NPI has a P/E under 0, indicating PIF (P/E 15.147) is in a better position.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (7.75) than the industry average (25.55), indicating attractive valuation.
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