PolarisMEX:PII 73 Debt-to-EBITDA is 15.36 as of Mar. 2026, which is 595% above its 10-year median of 2.21. GuruFocus rates MEX:PII with a GF Score™ of 73/100 and a GF Value™ of MXN1,241.26. The stock has 10 warning signs investors should review. Among 1,093 Vehicles & Parts companies, Polaris ranks worse than 91491.22% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Polaris's Debt-to-EBITDA or its related term are showing as below:
MEX:PII'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -19.13 Med: 2.21 Max: 3.9
Current: -19.13
During the past 13 years, the highest Debt-to-EBITDA Ratio of Polaris was 3.90. The lowest was -19.13. And the median was 2.21.
MEX:PII's Debt-to-EBITDA is ranked worse than 100% of 1093
companies
in the Vehicles & Parts industry
Industry Median: 2.24
vs MEX:PII: -19.13
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Polaris Debt-to-EBITDA Related Terms
Polaris Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Polaris's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:PII vs THO, PATK, HOG: Debt-to-EBITDA Comparison
For the Recreational Vehicles subindustry, Polaris's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Polaris Debt-to-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Polaris's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Polaris's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Polaris (MEX:PII) has a Debt-to-EBITDA of 15.36 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Polaris. This is 595% above median its historical median of 2.21. According to the industry distribution chart, Polaris ranks #999999 out of 1093 companies in the Vehicles & Parts industry.
Is Polaris' Debt-to-EBITDA too high?
Polaris' current Debt-to-EBITDA of 15.36 is 595% above median its 10-year median of 2.21. The Vehicles & Parts industry median Debt-to-EBITDA is 2.24. Polaris' value of 15.36 is 585.7% above this industry median. Based on the distribution chart, Polaris ranks #999999 out of 1093 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Polaris has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Polaris' Debt-to-EBITDA compare to THO and PATK?
According to the Vehicles & Parts industry distribution chart, Polaris ranks #999999 out of 1093 companies for Debt-to-EBITDA. This places Polaris in the lower half of its industry. The industry median Debt-to-EBITDA is 2.24. Polaris' value of 15.36 is 585.7% above this benchmark. While the company's 10-year median is 2.21 vs. the industry median of 2.24, Polaris has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.24, based on 1,093 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Polaris's current Debt-to-EBITDA of 15.36 is 585.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Polaris. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polaris's current Debt-to-EBITDA is 15.36, which is 595% above median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris stock overvalued right now?
Polaris (MEX:PII) has a current Debt-to-EBITDA of 15.36. The stock's GF Value™ is MXN1,241.26, compared to a current price of MXN1,213.00 — trading 2.3% below its estimated fair value. The current Debt-to-EBITDA is 15.36, which is 595% above median its 10-year median of 2.21 and 585.7% above the Vehicles & Parts industry median of 2.24. Polaris' overall GF Score™ is 73/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Polaris (MEX:PII), the current Debt-to-EBITDA is 15.36 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Polaris (MEX:PII) Overvalued in 2026?
Based on GuruFocus' analysis, Polaris stock appears to be undervalued.
The current stock price of MXN1,213.00 is trading 2.3% below its estimated GF Value™ of MXN1,241.26.
Key valuation signals for MEX:PII:
Debt-to-EBITDA: 15.36 (595% above median its 10-year median of 2.21)
GF Value™: MXN1,241.26 vs. price of MXN1,213.00 (2.3% below fair value)
Industry Position: 585.7% above the Vehicles & Parts median (#999999 of 1093)
No single metric tells the full story. See the MEX:PII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to pontoon and deck boat users. It is slated to divest its Indian motorcycle brand to Carolwood in the first quarter of 2026. Polaris products are retailed through more than 2,500 dealers in North America and 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America.
73GF Score
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