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Polaris Renewable EnergyTSX:PIF +1.88%81 Debt-to-EBITDA is 3.88 as of Mar. 2026, which is 4% above its 10-year median of 3.74. GuruFocus rates TSX:PIF with a GF Score™ of 81/100 and a GF Value™ of C$12.81 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 340 Utilities - Independent Power Producers companies, Polaris Renewable Energy ranks better than 63.24% 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 Renewable Energy's Debt-to-EBITDA or its related term are showing as below:
TSX:PIF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.42 Med: 3.74 Max: 6.44
Current: 3.24
During the past 13 years, the highest Debt-to-EBITDA Ratio of Polaris Renewable Energy was 6.44. The lowest was 2.42. And the median was 3.74.
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 Renewable Energy Debt-to-EBITDA Related Terms
Polaris Renewable Energy Debt-to-EBITDA Historical Data
* 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.
Polaris Renewable Energy Debt-to-EBITDA Competitor Comparison
For the Utilities - Renewable subindustry, Polaris Renewable Energy'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 Renewable Energy Debt-to-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Polaris Renewable Energy's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Polaris Renewable Energy'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 Renewable Energy (TSX:PIF) has a Debt-to-EBITDA of 3.88 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 Renewable Energy. This is near median its historical median of 3.74. Over the past decade, Polaris Renewable Energy's Debt-to-EBITDA has ranged from 2.42 to 6.44. According to the industry distribution chart, Polaris Renewable Energy ranks #125 out of 340 companies in the Utilities - Independent Power Producers industry, placing it in the top 36.8%.
Is Polaris Renewable Energy's Debt-to-EBITDA too high?
Polaris Renewable Energy's current Debt-to-EBITDA of 3.88 is near median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 6.44. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.63. Polaris Renewable Energy's value of 3.88 is 16.2% below this industry median. Based on the distribution chart, Polaris Renewable Energy ranks #125 out of 340 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Polaris Renewable Energy has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polaris Renewable Energy's Debt-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Polaris Renewable Energy ranks #125 out of 340 companies for Debt-to-EBITDA. This puts Polaris Renewable Energy in the upper half of its industry. The industry median Debt-to-EBITDA is 4.63. Polaris Renewable Energy's value of 3.88 is 16.2% below this benchmark. Historically, Polaris Renewable Energy's own Debt-to-EBITDA has ranged from 2.42 to 6.44 over the past decade. While the company's 10-year median is 3.74 vs. the industry median of 4.63, Polaris Renewable Energy has consistently been below 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 an Utilities - Independent Power Producers company?
The median Debt-to-EBITDA among Utilities - Independent Power Producers companies is 4.63, based on 340 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 Renewable Energy's current Debt-to-EBITDA of 3.88 is 16.2% below 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 Renewable Energy. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polaris Renewable Energy's current Debt-to-EBITDA is 3.88, which is near median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris Renewable Energy stock overvalued right now?
Based on GuruFocus' analysis, Polaris Renewable Energy (TSX:PIF) is currently considered Modestly Overvalued. The stock's GF Value™ is C$12.81, compared to a current price of C$15.75 — trading 23% above its estimated fair value. The current Debt-to-EBITDA is 3.88, which is near median its 10-year median of 3.74 and 16.2% below the Utilities - Independent Power Producers industry median of 4.63. Polaris Renewable Energy's overall GF Score™ is 81/100 with 11 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 Renewable Energy (TSX:PIF), the current Debt-to-EBITDA is 3.88 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 Renewable Energy (TSX:PIF) Overvalued in 2026?
Based on GuruFocus' analysis, Polaris Renewable Energy stock appears to be overvalued.
The current stock price of C$15.75 is trading 23% above its estimated GF Value™ of C$12.81.
GuruFocus considers Polaris Renewable Energy to be Modestly Overvalued.
Key valuation signals for TSX:PIF:
Debt-to-EBITDA: 3.88 (near median its 10-year median of 3.74)
GF Value™: C$12.81 vs. price of C$15.75 (23% above fair value)
Industry Position: 16.2% below the Utilities - Independent Power Producers median (#125 of 340)
No single metric tells the full story. See the TSX:PIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polaris Renewable Energy Inc is engaged in the acquisition, exploration, development, and operation of renewable energy projects in Latin America and the Caribbean. The company has six reportable operating segments: 1) Nicaragua: It includes acquisition, exploration, development and operation of a geothermal project, 2) Peru: It includes acquisition, development and operation of hydroelectric projects, 3) Panama: It includes acquisition, development and operation of solar projects, 4) Dominican Republic: It includes acquisition, development and operation of solar projects, 5) Puerto Rico: It includes acquisition, development and operation of onshore wind farms, 6) Ecuador: It includes acquisition and operation of hydroelectric projects. The majority of revenue is derived from Nicaragua.
81GF Score
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