Polaris Renewable Energy (TSX:PIF) Financial Strength: 3 (As of Jun. 2026) — 25% Below Median

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TSX:PIF Polaris Renewable Energy Inc TSX:PIF
77 GF Score
Price C$14.42
GF Value C$12.59
Valuation Modestly Overvalued
! 14 Warning Signs
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What is Polaris Renewable Energy Financial Strength?

Polaris Renewable Energy TSX:PIF -2.30% 77 Financial Strength is 3 as of Jun. 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates TSX:PIF with a GF Score™ of 77/100 and a GF Value™ of C$12.59 (Modestly Overvalued). The stock has 14 warning signs investors should review.

Polaris Renewable Energy has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Polaris Renewable Energy Inc displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Polaris Renewable Energy's Interest Coverage for the quarter that ended in Jun. 2026 was 1.05. Polaris Renewable Energy's debt to revenue ratio for the quarter that ended in Jun. 2026 was 2.75. As of today, Polaris Renewable Energy's Altman Z-Score is -0.18.


Polaris Renewable Energy  (TSX:PIF) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Polaris Renewable Energy has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Polaris Renewable Energy Financial Strength Related Terms


Polaris Renewable Energy Financial Strength Competitor Comparison

For the Utilities - Renewable subindustry, Polaris Renewable Energy's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Polaris Renewable Energy's Financial Strength distribution charts can be found below:

* The bar in red indicates where Polaris Renewable Energy's Financial Strength falls into.


TSX:PIF
77GF Score
Polaris Renewable Energy Inc TSX:PIF
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polaris Renewable Energy Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Polaris Renewable Energy's Interest Expense for the months ended in Jun. 2026 was C$-7.8 Mil. Its Operating Income for the months ended in Jun. 2026 was C$8.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was C$301.5 Mil.

Polaris Renewable Energy's Interest Coverage for the quarter that ended in Jun. 2026 is

Interest Coverage=-1*Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*8.171/-7.764
=1.05

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Polaris Renewable Energy Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

2. Debt to revenue ratio. The lower, the better.

Polaris Renewable Energy's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(6.32 + 301.519) / 111.908
=2.75

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Polaris Renewable Energy has a Z-score of -0.18, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -0.18 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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 Financial Strength →
What does a Financial Strength of 3 mean?
Polaris Renewable Energy (TSX:PIF) has a Financial Strength of 3 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Polaris Renewable Energy and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Polaris Renewable Energy's Financial Strength has ranged from 3.00 to 6.00.
Is Polaris Renewable Energy's Financial Strength too high?
Polaris Renewable Energy's current Financial Strength of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. Overall, Polaris Renewable Energy has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polaris Renewable Energy's Financial Strength compare to competitors?
Polaris Renewable Energy's Financial Strength of 3 can be compared against companies in the Utilities - Independent Power Producers industry. Historically, Polaris Renewable Energy's own Financial Strength has ranged from 3.00 to 6.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for an Utilities - Independent Power Producers company?
A good Financial Strength depends on the Utilities - Independent Power Producers industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Polaris Renewable Energy and its competitors. Polaris Renewable Energy's current Financial Strength is 3, which is 25% below median its own 10-year median of 4.00. 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$12.59, compared to a current price of C$14.42 — trading 14.5% above its estimated fair value. The current Financial Strength is 3, which is 25% below median its 10-year median of 4.00. Polaris Renewable Energy's overall GF Score™ is 77/100 with 14 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Polaris Renewable Energy (TSX:PIF), the current Financial Strength is 3 as of Jun. 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$14.42 is trading 14.5% above its estimated GF Value™ of C$12.59. GuruFocus considers Polaris Renewable Energy to be Modestly Overvalued.

Key valuation signals for TSX:PIF:

  • Financial Strength: 3 (25% below median its 10-year median of 4.00)
  • GF Value™: C$12.59 vs. price of C$14.42 (14.5% above fair value)
  • GF Score™: 77/100 with 14 warning signs

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 Business Description

Other Exchanges RAMPF:USAN4T:Germany
Address 7 St. Thomas Street, Suite 606, Toronto, ON, CAN, M5S 2B7
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.
77GF Score

Get the complete analysis for TSX:PIF

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

C$14.42
Price
C$12.59
GF Value