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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.29
PII's Cash to Debt is ranked lower than
69% of the 1192 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 0.68 vs. PII: 0.29 )
Ranked among companies with meaningful Cash to Debt only.
PII' s 10-Year Cash to Debt Range
Min: -0.39  Med: 0.32 Max: 7.69
Current: 0.29
-0.39
7.69
Equity to Asset 0.41
PII's Equity to Asset is ranked lower than
62% of the 1039 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 0.48 vs. PII: 0.41 )
Ranked among companies with meaningful Equity to Asset only.
PII' s 10-Year Equity to Asset Range
Min: 0.17  Med: 0.40 Max: 0.51
Current: 0.41
0.17
0.51
Interest Coverage 63.59
PII's Interest Coverage is ranked higher than
61% of the 678 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 24.37 vs. PII: 63.59 )
Ranked among companies with meaningful Interest Coverage only.
PII' s 10-Year Interest Coverage Range
Min: 11.66  Med: 41.82 Max: 9999.99
Current: 63.59
11.66
9999.99
F-Score: 6
Z-Score: 7.94
M-Score: -2.35
WACC vs ROIC
2.30%
48.35%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 15.77
PII's Operating margin (%) is ranked higher than
92% of the 1190 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 4.73 vs. PII: 15.77 )
Ranked among companies with meaningful Operating margin (%) only.
PII' s 10-Year Operating margin (%) Range
Min: 8.17  Med: 10.35 Max: 15.95
Current: 15.77
8.17
15.95
Net-margin (%) 9.84
PII's Net-margin (%) is ranked higher than
84% of the 1190 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 3.62 vs. PII: 9.84 )
Ranked among companies with meaningful Net-margin (%) only.
PII' s 10-Year Net-margin (%) Range
Min: 2.63  Med: 6.36 Max: 10.14
Current: 9.84
2.63
10.14
ROE (%) 56.45
PII's ROE (%) is ranked higher than
98% of the 1175 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 9.10 vs. PII: 56.45 )
Ranked among companies with meaningful ROE (%) only.
PII' s 10-Year ROE (%) Range
Min: 19.23  Med: 45.51 Max: 75.74
Current: 56.45
19.23
75.74
ROA (%) 22.68
PII's ROA (%) is ranked higher than
96% of the 1206 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 4.10 vs. PII: 22.68 )
Ranked among companies with meaningful ROA (%) only.
PII' s 10-Year ROA (%) Range
Min: 8.12  Med: 17.49 Max: 24.15
Current: 22.68
8.12
24.15
ROC (Joel Greenblatt) (%) 99.40
PII's ROC (Joel Greenblatt) (%) is ranked higher than
97% of the 1203 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 12.15 vs. PII: 99.40 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
PII' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 41.45  Med: 96.20 Max: 207.98
Current: 99.4
41.45
207.98
Revenue Growth (3Y)(%) 20.60
PII's Revenue Growth (3Y)(%) is ranked higher than
93% of the 951 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 4.50 vs. PII: 20.60 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
PII' s 10-Year Revenue Growth (3Y)(%) Range
Min: 4  Med: 8.80 Max: 24.1
Current: 20.6
4
24.1
EBITDA Growth (3Y)(%) 27.90
PII's EBITDA Growth (3Y)(%) is ranked higher than
90% of the 855 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 4.00 vs. PII: 27.90 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
PII' s 10-Year EBITDA Growth (3Y)(%) Range
Min: -9.1  Med: 11.10 Max: 34.2
Current: 27.9
-9.1
34.2
EPS Growth (3Y)(%) 27.60
PII's EPS Growth (3Y)(%) is ranked higher than
81% of the 760 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 3.90 vs. PII: 27.60 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
PII' s 10-Year EPS Growth (3Y)(%) Range
Min: -18.3  Med: 13.00 Max: 49.4
Current: 27.6
-18.3
49.4
» PII's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2014

PII Guru Trades in Q3 2014

Ken Heebner 639,000 sh (New)
Caxton Associates 95,000 sh (New)
Ken Fisher 215,630 sh (+1.25%)
Bill Frels 4,542 sh (unchged)
Joel Greenblatt Sold Out
Steven Cohen Sold Out
Jim Simons Sold Out
Jeremy Grantham 83,629 sh (-8.53%)
Mario Gabelli 2,300 sh (-39.47%)
Chuck Royce 3,200 sh (-45.76%)
» More
Q4 2014

PII Guru Trades in Q4 2014

Paul Tudor Jones 2,700 sh (New)
Jim Simons 123,900 sh (New)
Joel Greenblatt 10,013 sh (New)
Bill Frels 4,542 sh (unchged)
Mario Gabelli 2,300 sh (unchged)
Ken Heebner 639,000 sh (unchged)
Chuck Royce Sold Out
Caxton Associates Sold Out
Ken Fisher 210,323 sh (-2.46%)
Jeremy Grantham 76,813 sh (-8.15%)
» More
Q1 2015

PII Guru Trades in Q1 2015

Eric Mindich 540,900 sh (New)
Joel Greenblatt 105,219 sh (+950.82%)
Jim Simons 384,500 sh (+210.33%)
Ken Fisher 217,049 sh (+3.20%)
Ken Heebner 644,000 sh (+0.78%)
Mario Gabelli Sold Out
Jeremy Grantham 72,813 sh (-5.21%)
Bill Frels 4,104 sh (-9.64%)
Paul Tudor Jones 1,900 sh (-29.63%)
» More
Q2 2015

PII Guru Trades in Q2 2015

Ken Fisher 224,127 sh (+3.26%)
» More
» Details

Insider Trades

Latest Guru Trades with PII

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Guru Investment Theses on Polaris Industries Inc

Meridian Funds Comments on Polaris Industries Inc - Jun 19, 2014

Polaris Industries, Inc. (PII) is a leading manufacturer of recreational vehicles such as ATVs, snowmobiles, and motorcycles. We invested in this company several years ago during a cyclical disruption to their business. We were attracted to their opportunity to gain share with several new manufacturing initiatives as well as new growth markets. The company has executed almost flawlessly and the stock has been a strong contributor to the portfolio.



From Meridian Funds's semi-annual report ended December 31, 2013.



Check out Meridian Funds latest stock trades

Ratios

vs
industry
vs
history
P/E(ttm) 25.70
PII's P/E(ttm) is ranked lower than
68% of the 951 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 16.70 vs. PII: 25.70 )
Ranked among companies with meaningful P/E(ttm) only.
PII' s 10-Year P/E(ttm) Range
Min: 4.71  Med: 18.33 Max: 37.61
Current: 25.7
4.71
37.61
Forward P/E 15.77
PII's Forward P/E is ranked lower than
70% of the 391 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 11.85 vs. PII: 15.77 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 25.70
PII's PE(NRI) is ranked lower than
68% of the 949 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 17.10 vs. PII: 25.70 )
Ranked among companies with meaningful PE(NRI) only.
PII' s 10-Year PE(NRI) Range
Min: 4.71  Med: 17.88 Max: 28.53
Current: 25.7
4.71
28.53
P/B 10.30
PII's P/B is ranked lower than
97% of the 1140 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 1.56 vs. PII: 10.30 )
Ranked among companies with meaningful P/B only.
PII' s 10-Year P/B Range
Min: 3.56  Med: 8.39 Max: 17.72
Current: 10.3
3.56
17.72
P/S 1.97
PII's P/S is ranked lower than
79% of the 1186 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 0.71 vs. PII: 1.97 )
Ranked among companies with meaningful P/S only.
PII' s 10-Year P/S Range
Min: 0.27  Med: 1.31 Max: 2.7
Current: 1.97
0.27
2.7
PFCF 31.51
PII's PFCF is ranked lower than
65% of the 510 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 21.48 vs. PII: 31.51 )
Ranked among companies with meaningful PFCF only.
PII' s 10-Year PFCF Range
Min: 4.93  Med: 19.16 Max: 42.54
Current: 31.51
4.93
42.54
POCF 19.12
PII's POCF is ranked lower than
70% of the 835 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 11.03 vs. PII: 19.12 )
Ranked among companies with meaningful POCF only.
PII' s 10-Year POCF Range
Min: 2.91  Med: 12.34 Max: 21.83
Current: 19.12
2.91
21.83
EV-to-EBIT 12.83
PII's EV-to-EBIT is ranked higher than
53% of the 979 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 13.33 vs. PII: 12.83 )
Ranked among companies with meaningful EV-to-EBIT only.
PII' s 10-Year EV-to-EBIT Range
Min: 4.1  Med: 11.80 Max: 18.3
Current: 12.83
4.1
18.3
PEG 0.84
PII's PEG is ranked higher than
67% of the 476 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 1.50 vs. PII: 0.84 )
Ranked among companies with meaningful PEG only.
PII' s 10-Year PEG Range
Min: 0.68  Med: 1.57 Max: 4.64
Current: 0.84
0.68
4.64
Shiller P/E 32.51
PII's Shiller P/E is ranked lower than
76% of the 578 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 17.76 vs. PII: 32.51 )
Ranked among companies with meaningful Shiller P/E only.
PII' s 10-Year Shiller P/E Range
Min: 5.16  Med: 22.80 Max: 45.62
Current: 32.51
5.16
45.62
Current Ratio 1.56
PII's Current Ratio is ranked higher than
51% of the 1054 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 1.54 vs. PII: 1.56 )
Ranked among companies with meaningful Current Ratio only.
PII' s 10-Year Current Ratio Range
Min: 0.85  Med: 1.20 Max: 1.68
Current: 1.56
0.85
1.68
Quick Ratio 0.62
PII's Quick Ratio is ranked lower than
85% of the 1054 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 1.09 vs. PII: 0.62 )
Ranked among companies with meaningful Quick Ratio only.
PII' s 10-Year Quick Ratio Range
Min: 0.27  Med: 0.49 Max: 1.07
Current: 0.62
0.27
1.07
Days Inventory 66.04
PII's Days Inventory is ranked lower than
59% of the 1171 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 56.63 vs. PII: 66.04 )
Ranked among companies with meaningful Days Inventory only.
PII' s 10-Year Days Inventory Range
Min: 39.93  Med: 50.85 Max: 63.63
Current: 66.04
39.93
63.63
Days Sales Outstanding 11.68
PII's Days Sales Outstanding is ranked higher than
91% of the 993 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 60.90 vs. PII: 11.68 )
Ranked among companies with meaningful Days Sales Outstanding only.
PII' s 10-Year Days Sales Outstanding Range
Min: 11.09  Med: 14.68 Max: 21.07
Current: 11.68
11.09
21.07

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.47
PII's Dividend Yield is ranked lower than
62% of the 1314 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 1.88 vs. PII: 1.47 )
Ranked among companies with meaningful Dividend Yield only.
PII' s 10-Year Dividend Yield Range
Min: 0.98  Med: 2.04 Max: 10.09
Current: 1.47
0.98
10.09
Dividend Payout 0.30
PII's Dividend Payout is ranked lower than
53% of the 868 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 0.28 vs. PII: 0.30 )
Ranked among companies with meaningful Dividend Payout only.
PII' s 10-Year Dividend Payout Range
Min: 0.15  Med: 0.33 Max: 1.5
Current: 0.3
0.15
1.5
Dividend growth (3y) 28.70
PII's Dividend growth (3y) is ranked higher than
84% of the 497 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 8.70 vs. PII: 28.70 )
Ranked among companies with meaningful Dividend growth (3y) only.
PII' s 10-Year Dividend growth (3y) Range
Min: 5.6  Med: 12.10 Max: 28.7
Current: 28.7
5.6
28.7
Yield on cost (5-Year) 4.12
PII's Yield on cost (5-Year) is ranked higher than
71% of the 1329 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 2.45 vs. PII: 4.12 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
PII' s 10-Year Yield on cost (5-Year) Range
Min: 3.25  Med: 5.72 Max: 28.29
Current: 4.12
3.25
28.29
Share Buyback Rate 1.30
PII's Share Buyback Rate is ranked higher than
89% of the 664 Companies
in the Global Recreational Vehicles industry.

( Industry Median: -1.30 vs. PII: 1.30 )
Ranked among companies with meaningful Share Buyback Rate only.
PII' s 10-Year Share Buyback Rate Range
Min: 8.5  Med: 2.10 Max: -2.4
Current: 1.3

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 14.01
PII's Price/Tangible Book is ranked lower than
95% of the 1108 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 1.68 vs. PII: 14.01 )
Ranked among companies with meaningful Price/Tangible Book only.
PII' s 10-Year Price/Tangible Book Range
Min: 4.35  Med: 7.88 Max: 31.25
Current: 14.01
4.35
31.25
Price/DCF (Earnings Based) 0.85
PII's Price/DCF (Earnings Based) is ranked higher than
56% of the 45 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 0.90 vs. PII: 0.85 )
Ranked among companies with meaningful Price/DCF (Earnings Based) only.
N/A
Earnings Yield (Greenblatt) (%) 7.80
PII's Earnings Yield (Greenblatt) (%) is ranked higher than
61% of the 1187 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 5.90 vs. PII: 7.80 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
PII' s 10-Year Earnings Yield (Greenblatt) (%) Range
Min: 5.5  Med: 8.50 Max: 24.2
Current: 7.8
5.5
24.2
Forward Rate of Return (Yacktman) (%) 30.72
PII's Forward Rate of Return (Yacktman) (%) is ranked higher than
92% of the 578 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 5.44 vs. PII: 30.72 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
PII' s 10-Year Forward Rate of Return (Yacktman) (%) Range
Min: 9.6  Med: 15.50 Max: 32.6
Current: 30.72
9.6
32.6

Business Description

Industry: Autos » Recreational Vehicles
Compare:HOG, THO, WGO, DW, ACAT » details
Traded in other countries:PL6.Germany,
Polaris Industries Inc is a Minnesota corporation formed in 1994 and is the successor to Polaris Industries Partners LP. The Company and its subsidiaries are engaged in the designing, engineering and manufacturing Off-Road Vehicles (ORV), including All-Terrain Vehicles (ATV) and side-by-side vehicles for recreational and utility use, Snowmobiles, and On-Road vehicles, including motorcycles and Small Electric Vehicles (SEV), together with the related replacement Parts, Garments and Accessories (PG&A). These products are sold through dealers and distributors located in the United States, Canada and Europe. Its Off-Road Vehicles include both core ATVs and RANGER side-by-side vehicles. ATVs are four-wheel vehicles with balloon style tires designed for off-road use and traversing rough terrain, swamps and marshland. Side-by-side vehicles are multi-passenger off-road, all-terrain vehicles that can carry up to six passengers in addition to cargo. ORVs are used for recreation, in such sports as fishing and hunting, as well as for utility purposes on farms, ranches, construction sites, and the military. The Company's On-Road Vehicles consist of Victory and Indian motorcycles and Small Electric Vehicles. Heavyweight motorcycles are utilized as a mode of transportation as well as for recreational purposes. There are four segments which include cruisers, touring, sport bikes and standard motorcycles. The Company produces a full line of snowmobiles, consisting of 25 models, ranging from youth models to utility and economy models to performance and competition models. The Company produces or supplies replacement parts and accessories for its product lines. ORV accessories include winches, bumper/brushguards, plows, racks, mowers, tires, pull-behinds, cabs, cargo box accessories, tracks and oil. Snowmobile accessories include covers, traction products, reverse kits, electric starters, tracks, bags, windshields, oil and lubricants. Motorcycle accessories include saddle bags, handlebars, backrests, exhaust, windshields, seats, oil and various chrome accessories. The Company's products are assembled at its original manufacturing facility in Roseau, Minnesota and at its facilities in Spirit Lake, Iowa, Osceola, Wisconsin, and Monterrey, Mexico. The Company produces and delivers its products throughout the year based on dealer, distributor and customer orders. Its products are sold through a network of approximately 1,750 dealers in North America, through 22 subsidiaries and 85 distributors in approximately 100 countries outside of North America. The products of the Company are subject to extensive United States federal and state and international safety, environmental and other government regulation.
» More Articles for PII

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Polaris Unveils the Latest in ORV and Motorcycle Product Lines for 2016 Jul 28 2015
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POLARIS INDUSTRIES INC/MN Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and... Jul 28 2015
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POLARIS INDUSTRIES INC/MN Files SEC form 10-Q, Quarterly Report Jul 24 2015
Polaris Recalls Youth RZR Recreational Off-Highway Vehicles Due to Fire Hazard Jul 23 2015
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Polaris' Slingshot, redefining the open road: CEO Jul 23 2015
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Polaris Inds downgraded by RBC Capital Mkts Jul 23 2015
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Polaris Declares Regular Cash Dividend Jul 22 2015

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