Added to YB: 2025-11-20
Pitch date: 2025-09-17
PIF.TO [bullish]
Polaris Renewable Energy Inc.
-12.62%
current return
Author Info
No bio for this author
Company Info
Polaris Renewable Energy Inc. engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America and the Caribbean.
Market Cap
CAD 175.3M
Pitch Price
CAD 13.41
Price Target
27.00 (+130%)
Dividend
7.18%
EV/EBITDA
5.17
P/E
-15.47
EV/Sales
3.78
Sector
Independent Power and Renewable Electricity Producers
Category
value
Polaris Renewable Energy Inc. - $PIF.TO
PIF.TO: Canadian renewable energy co w/ 183MW Latin America assets trading 6x FCF, 6%+ div yield. 2/3 EBITDA from declining Nicaragua geothermal creates discount. Mgmt reducing Nicaragua exposure to 33-40% by 2029 via $125M capex in PR/DR projects generating $25-27M EBITDA. M&A at 6.5-7.5x EBITDA multiples. CEO targeting sale by 2028, potential 2x upside.
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