Polaris (MEX:PII) EV-to-EBIT: -14.25 (As of Jul. 15, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:PII Polaris Inc MEX:PII
73 GF Score
Price MXN1,213.00
GF Value MXN1,239.42
! 10 Warning Signs
View Full Analysis

What is Polaris EV-to-EBIT?

Polaris MEX:PII 73 EV-to-EBIT is -14.25 as of Jul. 15, 2026. GuruFocus rates MEX:PII with a GF Score™ of 73/100 and a GF Value™ of MXN1,239.42. The stock has 10 warning signs investors should review. Among 1,081 Vehicles & Parts companies, Polaris ranks worse than 92506.85% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Polaris's Enterprise Value is MXN101,052 Mil. Polaris's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-7,094 Mil. Therefore, Polaris's EV-to-EBIT for today is -14.25.

The historical rank and industry rank for Polaris's EV-to-EBIT or its related term are showing as below:

MEX:PII' s EV-to-EBIT Range Over the Past 10 Years
Min: -308.34   Med: 14.53   Max: 234.97
Current: -14.73

During the past 13 years, the highest EV-to-EBIT of Polaris was 234.97. The lowest was -308.34. And the median was 14.53.

MEX:PII's EV-to-EBIT is ranked worse than
100% of 1081 companies
in the Vehicles & Parts industry
Industry Median: 13.31 vs MEX:PII: -14.73

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Polaris's Enterprise Value for the quarter that ended in Mar. 2026 was MXN103,792 Mil. Polaris's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-7,094 Mil. Polaris's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -6.83%.


Polaris  (MEX:PII) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Polaris's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=-7093.577/103792.156
=-6.83 %

Polaris's Enterprise Value for the quarter that ended in Mar. 2026 was MXN103,792 Mil.
Polaris's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-7,094 Mil.

* 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 EV-to-EBIT Related Terms


Polaris EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Polaris's EV-to-EBIT 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.

Polaris EV-to-EBIT Chart

Polaris Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.93 9.13 9.44 18.54 -12.72

Polaris Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.84 183.90 -165.85 -12.72 -12.84

MEX:PII vs THO, PATK, HOG: EV-to-EBIT Comparison

For the Recreational Vehicles subindustry, Polaris's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Polaris's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Polaris's EV-to-EBIT falls into.


MEX:PII
73GF Score
Polaris Inc MEX:PII
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polaris EV-to-EBIT Calculation

Polaris's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=101051.726/-7093.577
=-14.25

Polaris's current Enterprise Value is MXN101,052 Mil.
Polaris's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-7,094 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of -14.25 mean?
Polaris (MEX:PII) has a EV-to-EBIT of -14.25 as of Jul. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Polaris and its competitors. According to the industry distribution chart, Polaris ranks #999999 out of 1081 companies in the Vehicles & Parts industry.
Is Polaris' EV-to-EBIT too high?
Polaris' current EV-to-EBIT is -14.25. Based on the distribution chart, Polaris ranks #999999 out of 1081 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' EV-to-EBIT compare to THO and PATK?
According to the Vehicles & Parts industry distribution chart, Polaris ranks #999999 out of 1081 companies for EV-to-EBIT. This places Polaris in the lower half of its industry. The industry median EV-to-EBIT is 13.31. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Vehicles & Parts company?
The median EV-to-EBIT among Vehicles & Parts companies is 13.31, based on 1,081 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Polaris and its competitors. For the Vehicles & Parts industry, the median EV-to-EBIT is 13.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polaris's current EV-to-EBIT is -14.25. 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 EV-to-EBIT of -14.25. The stock's GF Value™ is MXN1,239.42, compared to a current price of MXN1,213.00 — trading 2.1% below its estimated fair value. The current EV-to-EBIT is -14.25. 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 EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Polaris (MEX:PII), the current EV-to-EBIT is -14.25 as of Jul. 15, 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 2.1% below its estimated GF Value™ of MXN1,239.42.

Key valuation signals for MEX:PII:

  • EV-to-EBIT: -14.25
  • GF Value™: MXN1,239.42 vs. price of MXN1,213.00 (2.1% below fair value)
  • GF Score™: 73/100 with 10 warning signs

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 Business Description

Other Exchanges PII:USA0KJQ:UKPL6:Germany
Address 2100 Highway 55, Medina, MN, USA, 55340
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

Get the complete analysis for MEX:PII

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,213.00
Price
MXN1,239.42
GF Value