POLARIS INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 83.81 USD | +0.64% |
|
-4.10% | -11.56% |
| Apr. 26 | Polaris Keeps Quarterly Cash Dividend at $0.66 a Share, Payable June 17 to Holders of Record June 3 | MT |
| Apr. 26 | Schibsted to Buy Nealy 10% of Digital Marketplace Finn.no from Polaris Media | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 6,221 | 5,879 | 6,670 | 5,854 | 5,352 | 4,736 | - | - |
| Enterprise Value (EV) 1 | 7,758 | 6,787 | 8,398 | 7,587 | 6,893 | 6,293 | 5,942 | 5,761 |
| P/E ratio | 19.6 x | 47.9 x | 13.9 x | 13.6 x | 10.9 x | 11.1 x | 9.38 x | 8.15 x |
| Yield | 2.4% | 2.6% | 2.29% | 2.53% | - | 3.14% | 3.21% | 3.48% |
| Capitalization / Revenue | 0.92 x | 0.84 x | 0.81 x | 0.68 x | 0.6 x | 0.56 x | 0.54 x | 0.53 x |
| EV / Revenue | 1.14 x | 0.97 x | 1.02 x | 0.88 x | 0.77 x | 0.75 x | 0.68 x | 0.64 x |
| EV / EBITDA | 10.5 x | 7.46 x | 8.29 x | 7.05 x | 6.75 x | 6.42 x | 5.56 x | 4.88 x |
| EV / FCF | 19.2 x | 8.43 x | -1,826 x | 37.6 x | 13.4 x | 19.8 x | 8.51 x | 9.72 x |
| FCF Yield | 5.2% | 11.9% | -0.05% | 2.66% | 7.45% | 5.04% | 11.8% | 10.3% |
| Price to Book | 5.72 x | 5.15 x | 5.5 x | 5.45 x | 3.82 x | 2.95 x | 2.56 x | 2.17 x |
| Nbr of stocks (in thousands) | 61,173 | 61,700 | 60,682 | 57,959 | 56,473 | 56,514 | - | - |
| Reference price 2 | 101.7 | 95.28 | 109.9 | 101.0 | 94.77 | 83.81 | 83.81 | 83.81 |
| Announcement Date | 1/28/20 | 1/26/21 | 1/25/22 | 1/31/23 | 1/30/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 6,783 | 7,025 | 8,198 | 8,589 | 8,934 | 8,391 | 8,695 | 8,960 |
| EBITDA 1 | 741.7 | 909.2 | 1,013 | 1,076 | 1,021 | 980.2 | 1,069 | 1,180 |
| EBIT 1 | 483.7 | 212.3 | 709 | 804.5 | 700.9 | 674.9 | 764.9 | 827.8 |
| Operating Margin | 7.13% | 3.02% | 8.65% | 9.37% | 7.84% | 8.04% | 8.8% | 9.24% |
| Earnings before Tax (EBT) 1 | 407.8 | 141.4 | 625.7 | 761.4 | 620.4 | 560.5 | 666.9 | 811.8 |
| Net income 1 | 324 | 124.8 | 493.9 | 447.1 | 502.8 | 436 | 508.5 | 527.6 |
| Net margin | 4.78% | 1.78% | 6.02% | 5.21% | 5.63% | 5.2% | 5.85% | 5.89% |
| EPS 2 | 5.200 | 1.990 | 7.880 | 7.440 | 8.710 | 7.580 | 8.939 | 10.29 |
| Free Cash Flow 1 | 403.7 | 804.7 | -4.6 | 202 | 513.2 | 317.2 | 698.4 | 593 |
| FCF margin | 5.95% | 11.45% | -0.06% | 2.35% | 5.74% | 3.78% | 8.03% | 6.62% |
| FCF Conversion (EBITDA) | 54.42% | 88.51% | - | 18.77% | 50.27% | 32.36% | 65.33% | 50.26% |
| FCF Conversion (Net income) | 124.6% | 644.79% | - | 45.18% | 102.07% | 72.76% | 137.33% | 112.39% |
| Dividend per Share 2 | 2.440 | 2.480 | 2.520 | 2.560 | - | 2.632 | 2.690 | 2.916 |
| Announcement Date | 1/28/20 | 1/26/21 | 1/25/22 | 1/31/23 | 1/30/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,170 | 1,957 | 2,063 | 2,341 | 2,404 | 2,180 | 2,217 | 2,249 | 2,289 | 1,736 | 2,175 | 2,241 | 2,280 | 1,837 | 2,207 |
| EBITDA 1 | 265.4 | 164.5 | 254.9 | 319.8 | 337.2 | 238.1 | 265.5 | 282.6 | 234.7 | 110 | 272.1 | 309.8 | 298.2 | 133.2 | 284.7 |
| EBIT 1 | 154.9 | 94.8 | 193.1 | 254.3 | 256.9 | 161.1 | 196 | 201.1 | 142.7 | 39 | 194.1 | 228.4 | 219.7 | 73.25 | 203.9 |
| Operating Margin | 7.14% | 4.84% | 9.36% | 10.86% | 10.69% | 7.39% | 8.84% | 8.94% | 6.23% | 2.25% | 8.92% | 10.19% | 9.64% | 3.99% | 9.24% |
| Earnings before Tax (EBT) 1 | 99 | 86.1 | 181.4 | 241.6 | 246.7 | 145.2 | 172.7 | 181.7 | 120.8 | 7.7 | 167.3 | 199.7 | 195 | 54.2 | 193 |
| Net income 1 | 86.8 | 69.9 | 141.8 | 186.3 | 195.5 | 113.4 | 134.3 | 151.7 | 103.4 | 3.8 | 132.1 | 155.3 | 152.9 | 42.3 | 150.5 |
| Net margin | 4% | 3.57% | 6.87% | 7.96% | 8.13% | 5.2% | 6.06% | 6.75% | 4.52% | 0.22% | 6.07% | 6.93% | 6.71% | 2.3% | 6.82% |
| EPS 2 | 1.400 | 1.140 | 2.340 | 3.100 | 3.340 | 1.950 | 2.320 | 2.620 | 1.810 | 0.0700 | 2.238 | 2.704 | 2.692 | 0.7300 | 2.600 |
| Dividend per Share 2 | 0.6300 | 0.6400 | 0.6400 | 0.6400 | 0.6400 | 0.6500 | 0.6500 | 0.6500 | - | 0.6600 | 0.6624 | 0.6624 | 0.6624 | 0.6730 | 0.6730 |
| Announcement Date | 1/25/22 | 4/26/22 | 7/26/22 | 10/25/22 | 1/31/23 | 4/25/23 | 7/25/23 | 10/24/23 | 1/30/24 | 4/23/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,536 | 908 | 1,728 | 1,733 | 1,541 | 1,556 | 1,206 | 1,025 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.072 x | 0.999 x | 1.706 x | 1.611 x | 1.509 x | 1.588 x | 1.128 x | 0.8685 x |
| Free Cash Flow 1 | 404 | 805 | -4.6 | 202 | 513 | 317 | 698 | 593 |
| ROE (net income / shareholders' equity) | 32.8% | 43% | 48.3% | 38.5% | 39.9% | 28.7% | 30.5% | 32.2% |
| ROA (Net income/ Total Assets) | 7.57% | 10.7% | 11.8% | 8.71% | 9.85% | 7.7% | 9.1% | 11.6% |
| Assets 1 | 4,278 | 1,167 | 4,175 | 5,133 | 5,105 | 5,662 | 5,588 | 4,549 |
| Book Value Per Share 2 | 17.80 | 18.50 | 20.00 | 18.50 | 24.80 | 28.40 | 32.80 | 38.60 |
| Cash Flow per Share 2 | - | - | 4.680 | 8.460 | 16.00 | 12.80 | 14.60 | 14.50 |
| Capex 1 | 251 | 214 | 298 | 307 | 413 | 326 | 361 | 367 |
| Capex / Sales | 3.71% | 3.04% | 3.64% | 3.57% | 4.62% | 3.89% | 4.15% | 4.1% |
| Announcement Date | 1/28/20 | 1/26/21 | 1/25/22 | 1/31/23 | 1/30/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
19
Last Close Price
83.81
USD
Average target price
100.8
USD
Spread / Average Target
+20.29%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -11.56% | 4.74B | |
| -16.20% | 5.51B | |
| -0.92% | 5.15B | |
| -30.19% | 3.08B | |
| -2.29% | 2.99B | |
| +20.92% | 2.67B | |
| +18.26% | 2.03B | |
| -13.46% | 1.85B | |
| +28.33% | 1.08B | |
| +26.62% | 782M |
- Stock Market
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- PII Stock
- Financials Polaris Inc.
