Risk factor
Low price volatility
Profitability factor
Solid dividends
About
Polaris Renewable Energy Inc., a company established in 1984 and headquartered in Toronto, Canada, focuses on the acquisition, development, and operation of sustainable power generation projects across Latin America. Its operational portfolio includes a 72 MW (net) geothermal power facility located in Nicaragua. Additionally, the company manages three separate run-of-river hydroelectric plants in Peru, boasting individual net capacities of approximately 5 MW, 8 MW, and 20 MW. Polaris also oversees a 32.6 MWdc solar energy project situated in the Dominican Republic. The firm adopted its current name, Polaris Renewable Energy Inc., in July 2022, having previously operated as Polaris Infrastructure Inc.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/EBITD
Target Price
The average target price of PIF.TO is 25.7 and suggests 79.3% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in