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PolarisMEX:PII 72 EV-to-OCF is 16.76 as of Jul. 23, 2026, which is 32% above its 10-year median of 12.67. GuruFocus rates MEX:PII with a GF Score™ of 72/100 and a GF Value™ of MXN1,127.98. The stock has 10 warning signs investors should review. Among 1,328 Vehicles & Parts companies, Polaris ranks worse than 73.57% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Polaris's Enterprise Value is MXN107,047 Mil.
Polaris's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was MXN6,388 Mil. Therefore, Polaris's EV-to-OCF for today is 16.76.
The historical rank and industry rank for Polaris's EV-to-OCF or its related term are showing as below:
MEX:PII'
s EV-to-OCF Range Over the Past 10 Years
Min: 5.94 Med: 12.67 Max: 223.15
Current: 18.21
During the past 13 years, the highest EV-to-OCF of Polaris was 223.15. The lowest was 5.94. And the median was 12.67.
MEX:PII's EV-to-OCF is ranked worse than 73.57% of 1328
companies
in the Vehicles & Parts industry
Industry Median: 8.295
vs MEX:PII: 18.21
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
As of today (2026-07-23), Polaris's stock price is MXN1213.00.
Polaris's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-142.859. Therefore, Polaris's PE Ratio (TTM) for today is At Loss.
Polaris (MEX:PII) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Polaris's share price for today is MXN1213.00.
Polaris's Earnings per Share (Diluted) 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-142.859.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Polaris EV-to-OCF Related Terms
Polaris EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Polaris's EV-to-OCF 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.
For the Recreational Vehicles subindustry, Polaris's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Polaris's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Polaris's EV-to-OCF falls into.
Polaris's current Enterprise Value is MXN107,047 Mil.
Polaris's Cash Flow from Operations 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 MXN6,388 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 (MEX:PII) has a EV-to-OCF of 16.76 as of Jul. 23, 2026. This is 32% above median its historical median of 12.67. Over the past decade, Polaris' EV-to-OCF has ranged from 5.94 to 223.15. According to the industry distribution chart, Polaris ranks #977 out of 1328 companies in the Vehicles & Parts industry, placing it in the top 73.6%.
Is Polaris' EV-to-OCF too high?
Polaris' current EV-to-OCF of 16.76 is 32% above median its 10-year median of 12.67. Over the past 10 years, this metric has ranged from a low of 5.94 to a high of 223.15. The Vehicles & Parts industry median EV-to-OCF is 8.30. Polaris' value of 16.76 is 102% above this industry median. Based on the distribution chart, Polaris ranks #977 out of 1328 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Polaris has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Polaris' EV-to-OCF compare to THO and PATK?
According to the Vehicles & Parts industry distribution chart, Polaris ranks #977 out of 1328 companies for EV-to-OCF. This places Polaris in the lower half of its industry. The industry median EV-to-OCF is 8.30. Polaris' value of 16.76 is 102% above this benchmark. Historically, Polaris' own EV-to-OCF has ranged from 5.94 to 223.15 over the past decade. While the company's 10-year median is 12.67 vs. the industry median of 8.30, 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 EV-to-OCF for a Vehicles & Parts company?
The median EV-to-OCF among Vehicles & Parts companies is 8.30, based on 1,328 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Polaris's current EV-to-OCF of 16.76 is 102% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median EV-to-OCF is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polaris's current EV-to-OCF is 16.76, which is 32% above median its own 10-year median of 12.67. 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-OCF of 16.76. The stock's GF Value™ is MXN1,127.98, compared to a current price of MXN1,213.00 — trading 7.5% above its estimated fair value. The current EV-to-OCF is 16.76, which is 32% above median its 10-year median of 12.67 and 102% above the Vehicles & Parts industry median of 8.30. Polaris' overall GF Score™ is 72/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Polaris (MEX:PII), the current EV-to-OCF is 16.76 as of Jul. 23, 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 overvalued.
The current stock price of MXN1,213.00 is trading 7.5% above its estimated GF Value™ of MXN1,127.98.
Key valuation signals for MEX:PII:
EV-to-OCF: 16.76 (32% above median its 10-year median of 12.67)
GF Value™: MXN1,127.98 vs. price of MXN1,213.00 (7.5% above fair value)
Industry Position: 102% above the Vehicles & Parts median (#977 of 1328)
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.
72GF Score
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