Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
96.6 (1y: +35%)
Market Cap 6.65 B P/E(ttm) 20.80
Enterprise Value 6.38 B P/B 9.60
PII- NYSE (USA)
Polaris Industries, Inc.
  • Currently 3.5/5
Business Predictability Rank: 3.5-Star
Back Testing Results:
Average gain of all 3.5-Star stocks: 9.3% per year.
% of Stocks that are in still loss if held for 10yrs: 9%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$96.60
Switch to:

GuruFocus Financial Strength Rank measures how strong a companyย’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 : 9/10

vs
industry		 vs
history
Cash to Debt 3.891
PII's Cash to Debt is ranked higher than
76% of the 1151 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 0.95 vs. PII: 3.891 )
PII' s 10-Year Cash to Debt Range
Min: 0.05   Max: 7.69
Current: 3.89
0.05
7.69
Equity to Asset 0.465
PII's Equity to Asset is ranked higher than
56% of the 1151 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 0.48 vs. PII: 0.465 )
PII' s 10-Year Equity to Asset Range
Min: 0.18   Max: 0.48
Current: 0.47
0.18
0.48
Interest Coverage No Debt
PII's Interest Coverage is ranked higher than
99% of the 1151 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 7.60 vs. PII: No Debt )
PII' s 10-Year Interest Coverage Range
Min: 12   Max: No Debt
Current: No Debt
F-Score: 8
Z-Score: 9.1
M-Score: -3
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’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.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

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 : 9/10

vs
industry		 vs
history
Operating margin (%) 13.80
PII's Operating margin (%) is ranked higher than
93% of the 1151 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 4.50 vs. PII: 13.80 )
PII' s 10-Year Operating margin (%) Range
Min: 8.5   Max: 13.8
Current: 13.8
8.5
13.8
Net-margin (%) 9.7
PII's Net-margin (%) is ranked higher than
89% of the 1151 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 3.30 vs. PII: 9.7 )
PII' s 10-Year Net-margin (%) Range
Min: 5.8   Max: 9.7
Current: 9.7
5.8
9.7
ROE (%) 45.2
PII's ROE (%) is ranked higher than
99% of the 1151 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 7.00 vs. PII: 45.2 )
PII' s 10-Year ROE (%) Range
Min: 28.9   Max: 85.7
Current: 45.2
28.9
85.7
ROA (%) 21
PII's ROA (%) is ranked higher than
99% of the 1151 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 3.20 vs. PII: 21 )
PII' s 10-Year ROA (%) Range
Min: 13.2   Max: 21
Current: 21
13.2
21
ROC (Joel Greenblatt) (%) 196.60
PII's ROC (Joel Greenblatt) (%) is ranked higher than
99% of the 1151 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 11.70 vs. PII: 196.60 )
PII' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 72.5   Max: 226.9
Current: 196.6
72.5
226.9
Revenue Growth (%) 17.6
PII's Revenue Growth (%) is ranked higher than
93% of the 1151 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 0.00 vs. PII: 17.6 )
PII' s 10-Year Revenue Growth (%) Range
Min: 2.9   Max: 17.6
Current: 17.6
2.9
17.6
EBITDA Growth (%) 20.2
PII's EBITDA Growth (%) is ranked higher than
91% of the 1151 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 0.00 vs. PII: 20.2 )
PII' s 10-Year EBITDA Growth (%) Range
Min: 2.2   Max: 20.2
Current: 20.2
2.2
20.2
EPS Growth (%) 30.3
PII's EPS Growth (%) is ranked higher than
93% of the 1151 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 0.00 vs. PII: 30.3 )
PII' s 10-Year EPS Growth (%) Range
Min: 1.2   Max: 30.3
Current: 30.3
1.2
30.3
ยป PII's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

PII Guru Trades in Q2 2012

Paul Tudor Jones 136,900 sh (New)
Ken Heebner 1,441,600 sh (New)
Steven Cohen 232,118 sh (+1902.23%)
Mario Gabelli 11,200 sh (+1.82%)
Ken Fisher 206,450 sh (+0.3%)
Chuck Royce 129,000 sh (unchged)
Meridian Funds 172,550 sh (unchged)
Bill Frels 4,080 sh (unchged)
Jim Simons 845,500 sh (-28.18%)
» More
Q3 2012

PII Guru Trades in Q3 2012

Paul Tudor Jones 163,200 sh (+19.21%)
Ken Fisher 229,575 sh (+11.2%)
Bill Frels 4,080 sh (unchged)
Meridian Funds 172,550 sh (unchged)
Mario Gabelli 11,200 sh (unchged)
Chuck Royce Sold Out
Ken Heebner 1,311,600 sh (-9.02%)
Jim Simons 591,800 sh (-30.01%)
Steven Cohen 5,533 sh (-97.62%)
» More
Q4 2012

PII Guru Trades in Q4 2012

Louis Moore Bacon 10,000 sh (New)
Bruce Kovner 15,525 sh (New)
Joel Greenblatt 18,474 sh (New)
Steven Cohen 6,749 sh (+21.98%)
Bill Frels 4,080 sh (unchged)
Mario Gabelli 11,200 sh (unchged)
Ken Heebner Sold Out
Ken Fisher 221,500 sh (-3.52%)
Meridian Funds 159,000 sh (-7.85%)
Jim Simons 360,900 sh (-39.02%)
Paul Tudor Jones 2,800 sh (-98.28%)
» More
Q1 2013

PII Guru Trades in Q1 2013

Chuck Royce 16,700 sh (New)
Steven Cohen 293,150 sh (+4243.61%)
Ken Fisher 232,645 sh (+5.03%)
Bill Frels 4,080 sh (unchged)
Bruce Kovner Sold Out
Paul Tudor Jones Sold Out
Louis Moore Bacon Sold Out
Mario Gabelli 11,100 sh (-0.89%)
Meridian Funds 149,000 sh (-6.29%)
Jim Simons 249,700 sh (-30.81%)
Joel Greenblatt 9,196 sh (-50.22%)
» More
» Details

Insider Trades

Latest Guru Trades with PII

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 Reduce -50.22%0.05%$83.24 - $93.23 $ 96.610%9196
Joel Greenblatt 2012-12-31 New Buy0.09%$80.06 - $88.35 $ 96.616%18474
Joel Greenblatt 2012-03-31 Sold Out 0.04%$54.67 - $73.78 $ 96.656%0
Meridian Funds 2011-12-31 Reduce -28.42%0.13%$48.58 - $65.53 $ 96.664%172550
Joel Greenblatt 2011-12-31 New Buy0.04%$48.58 - $65.53 $ 96.664%5837
Mario Gabelli 2011-12-31 New Buy$48.58 - $65.53 $ 96.664%11000
Joel Greenblatt 2011-09-30 Sold Out 0.1219%$45.985 - $61.125 $ 96.677%0
Meridian Funds 2011-09-30 Reduce -22.03%0.11%$45.985 - $61.125 $ 96.677%241050
Meridian Funds 2011-06-30 Reduce -34.83%0.22%$43.51 - $55.63 $ 96.690%154575
Joel Greenblatt 2011-06-30 Add 125.65%0.07%$43.51 - $55.63 $ 96.690%7848
Joel Greenblatt 2011-03-31 New Buy0.09%$35.75 - $43.56 $ 96.6148%3478
George Soros 2010-12-31 Sold Out $32.17 - $40.35 $ 96.6164%0
Meridian Funds 2010-09-30 Reduce -24.5%0.17%$26.32 - $32.92 $ 96.6230%270075
George Soros 2010-09-30 Reduce -55.71%$26.32 - $32.92 $ 96.6230%3100
George Soros 2010-06-30 New Buy0.01%$25.84 - $32.43 $ 96.6232%7000
Premium More recent guru trades are included for Premium Members only!!
ยป Financial Charts

Peter Lynch Chart

Top Ranked Articles about Polaris Industries, Inc.

Weekly CFO Sells Highlight: PII, ASNA, FIO, VVUS, AFFY
July 23, 2012
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Polaris Industries Inc., Ascena Retail Group Inc., Fusion-IO Inc., VIVUS Inc. and Affymax Inc. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 20.80
PII's P/E(ttm) is ranked lower than
52% of the 939 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 13.90 vs. PII: 20.80 )
PII' s 10-Year P/E(ttm) Range
Min: 4.73   Max: 30.95
Current: 20.8
4.73
30.95
P/B 9.60
PII's P/B is ranked lower than
75% of the 1036 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 1.22 vs. PII: 9.60 )
PII' s 10-Year P/B Range
Min: 3.59   Max: 12.56
Current: 9.6
3.59
12.56
P/S 2.09
PII's P/S is ranked lower than
66% of the 1086 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 0.54 vs. PII: 2.09 )
PII' s 10-Year P/S Range
Min: 0.27   Max: 2.1
Current: 2.09
0.27
2.1
PFCF 20.00
PII's PFCF is ranked higher than
53% of the 722 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 14.93 vs. PII: 20.00 )
PII' s 10-Year PFCF Range
Min: 4.93   Max: 41.78
Current: 20
4.93
41.78
EV-to-EBIT 13.9
PII's EV-to-EBIT is ranked higher than
56% of the 897 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 10.74 vs. PII: 13.9 )
PII' s 10-Year EV-to-EBIT Range
Min: 4.1   Max: 15.7
Current: 13.9
4.1
15.7
PEG 1
PII's PEG is ranked higher than
68% of the 424 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 1.00 vs. PII: 1 )
PII' s 10-Year PEG Range
Min: 0.8   Max: 4.74
Current: 1
0.8
4.74
Shiller P/E 36.1
PII's Shiller P/E is ranked lower than
100% of the Companies
in the Global Recreational Vehicles industry.

( Industry Median: vs. PII: 36.1 )
PII' s 10-Year Shiller P/E Range
Min: 4.99   Max: 37.74
Current: 36.1
4.99
37.74

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 1.64
PII's Dividend Yield is ranked higher than
61% of the 1151 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 1.30 vs. PII: 1.64 )
PII' s 10-Year Dividend Yield Range
Min: 1.28   Max: 10.09
Current: 1.64
1.28
10.09
Dividend Payout 0.3314
PII's Dividend Payout is ranked higher than
50% of the 637 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 0.30 vs. PII: 0.3314 )
PII' s 10-Year Dividend Payout Range
Min: 0.25   Max: 0.51
Current: 0.33
0.25
0.51
Dividend growth (3y) 17.4
PII's Dividend growth (3y) is ranked higher than
96% of the 1151 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 0.00 vs. PII: 17.4 )
PII' s 10-Year Dividend growth (3y) Range
Min: 4.1   Max: 18.9
Current: 17.4
4.1
18.9
Yield on cost (5-Year) 3.35
PII's Yield on cost (5-Year) is ranked higher than
84% of the 1151 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 1.28 vs. PII: 3.35 )
PII' s 10-Year Yield on cost (5-Year) Range
Min: 2.68   Max: 21.1
Current: 3.35
2.68
21.1
Share Buyback Rate -1.8
PII's Share Buyback Rate is ranked lower than
57% of the 1151 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 0.00 vs. PII: -1.8 )
PII' s 10-Year Share Buyback Rate Range
Min: 6.5   Max: -1.8
Current: -1.8

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 24.6
PII's Price/Net Current Asset Value is ranked lower than
66% of the 926 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 4.30 vs. PII: 24.6 )
PII' s 10-Year Price/Net Current Asset Value Range
Min: 5.3   Max: 22.4
Current: 24.6
5.3
22.4
Price/Tangible Book 11.3
PII's Price/Tangible Book is ranked lower than
74% of the 952 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 1.40 vs. PII: 11.3 )
PII' s 10-Year Price/Tangible Book Range
Min: 5.1   Max: 13.6
Current: 11.3
5.1
13.6
Price/DCF (Projected) 1.9
PII's Price/DCF (Projected) is ranked higher than
54% of the 334 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 1.20 vs. PII: 1.9 )
PII' s 10-Year Price/DCF (Projected) Range
Min: 0.6   Max: 1.7
Current: 1.9
0.6
1.7
Price/Median PS Value 1.9
PII's Price/Median PS Value is ranked lower than
69% of the 983 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 1.10 vs. PII: 1.9 )
PII' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 1.7
Current: 1.9
0.4
1.7
Price/Peter Lynch Fair Value 1.1
PII's Price/Peter Lynch Fair Value is ranked higher than
58% of the 234 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 0.90 vs. PII: 1.1 )
PII' s 10-Year Price/Peter Lynch Fair Value Range
Min: 1.1   Max: 2.9
Current: 1.1
1.1
2.9
Price/Graham Number 3.4
PII's Price/Graham Number is ranked lower than
70% of the 825 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 1.00 vs. PII: 3.4 )
PII' s 10-Year Price/Graham Number Range
Min: 1.6   Max: 3.2
Current: 3.4
1.6
3.2
Earnings Yield (Greenblatt) 7.20
PII's Earnings Yield (Greenblatt) is ranked higher than
65% of the 1151 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 7.10 vs. PII: 7.20 )
PII' s 10-Year Earnings Yield (Greenblatt) Range
Min: 6.4   Max: 24.2
Current: 7.2
6.4
24.2
Forward Rate of Return (Yacktman) 21.71
PII's Forward Rate of Return (Yacktman) is ranked higher than
93% of the 1151 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 0.00 vs. PII: 21.71 )
PII' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 3.8   Max: 24.6
Current: 21.71
3.8
24.6

Business Description

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 mainly 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: cruisers, touring, sport bikes and standard motorcycles. The Company produces a full line of snowmobiles, consisting of 26 models, ranging from youth models to utility and economy models to performance and competition models. The Company produces or supplies a variety of 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 1,500 independent dealers in North America, through 11 subsidiaries and 65 distributors in approximately 130 countries outside of North America. The Company's products compete with many other recreational products for the discretionary spending of consumers, and to a lesser extent, with other vehicles designed for utility applications. The Company's products are subject to laws and regulations relating to safety, environmental and other regulations promulgated by the U.S. federal government and individual states as well
Company Website
SEC Reports
Industry: Recreational Vehicles
Compare:HOG, THO, WGO, DW, ACAT
Traded in other countries:PL6.Germany
ยป More Articles for PII

Headlines

Articles On GuruFocus.com
comment on PII Mar 07 2013 
comment on PII Mar 07 2013 
Polaris Industries Inc: Stock Research Analysis Sep 10 2012 
Weekly CFO Sells Highlight: PII, ASNA, FIO, VVUS, AFFY Jul 23 2012 
13 Consumer Dividend Stocks With A Strong Increase in Growth Apr 14 2012 
These Are the Highest-Quality Stocks from Ken Heebner Feb 16 2012 
Dividend Investing in times of a Social Media Bubble Feb 06 2012 
Highest Yielding Stocks Aren't Always the Best Investments: 13 Lower-Debt Dividend Stocks Nov 02 2011 
Polaris Industries Inc. Reports Operating Results (10-K) Mar 01 2011 
Polaris Industries Inc. (PII) VP Finance & CFO Michael W Malone sells 3,194 Shares Feb 25 2011 

More From Our Partners
Smith & Wesson Soars on Buyback Plan - Analyst Blog Jun 17 2013 - ZACKS

Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK