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Polaris PII
$ 67.08 -1.63%
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Quarterly report 2025-Q3
added 07-28-2026

Polaris Financial Ratios 2025-2007 | PII

Brief overview of Polaris 's multiples and efficiency

Ratios are assessed across five available annual reports in the 2020–2024 interval.

Market valuation is represented by P/E 23.43x (median 15.85x), EV/EBITDA 11.26x (median 10.2x), P/S 0.52x (median 0.59x). The multiple basket looks neutral against its history, differing from median levels by roughly 0%.

The inverse P/E implies an earnings yield of 4.3%. This is not a dividend yield, but current earnings relative to market price.

Returns on assets and capital are represented by ROE -56.2%, ROA -9.5%, ROCE -42.1%. Negative returns point to losses or poor capital efficiency. Valuation multiples are less informative in this setting.

Price, earnings and growth produce a PEG of 0.35x. A value below one indicates moderate pricing relative to expected growth.

The cash conversion cycle increased 20.5 days to 68.7 days, weakening working-capital efficiency.

Overall picture

Polaris 's multiples form a balanced picture without a clear discount or premium. Future appeal depends on earnings and return trends.

Annual Financial Ratios Polaris

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

P/E

-8.1 23.4 10.5 15.8 15.0 56.9 17.9 15.8 42.5 25.2 10.7 21.1 23.2 19.1 19.4 13.2 10.8 6.4 -

P/S

0.5 0.4 0.6 0.8 1.0 1.1 0.9 0.9 1.3 1.2 1.0 2.1 2.3 1.9 1.7 - - - -

EPS

-8.2 2.0 8.8 7.5 8.1 2.0 5.3 5.4 2.7 3.3 6.9 6.9 5.5 4.5 3.3 2.2 1.6 3.6 -

EV (Enterprise Value)

7.67 B 6.53 B 9 B 10.9 B 10.7 B 9.96 B 8.97 B 8.38 B 9.34 B 7.48 B 6.13 B 10.6 B 9.81 B 6.33 B 4.81 B 2.23 B 1.51 B 720 M -63.3 M

EBITDA per Share

-1.09 10.2 16.8 17.5 15.2 12.2 11.7 11.2 8.75 8.05 13.2 12.7 9.78 7.97 5.7 4.29 3.54 7.6 -

EV/EBITDA

-123.2 11.3 9.4 10.5 11.3 9.3 10.2 10.1 14.7 12.3 5.9 11.4 13.3 10.3 10.7 7.8 6.6 2.9 -

PEG

0.35 147.84 1.18 1.04 1.08 41.76 -10.67 0.16 -2.47 -0.48 18.36 0.86 1.09 0.51 0.38 - - - -

P/B

4.5 2.0 3.7 6.4 6.0 6.2 5.2 6.1 7.9 6.2 5.0 11.1 16.3 8.6 8.8 5.2 5.3 - -

P/CF

5.1 9.7 5.7 13.9 25.2 7.0 14.4 21.0 18.5 14.8 25.6 29.5 36.3 19.0 20.2 6.5 5.6 4.3 -

ROE %

-56.19 8.59 35.45 40.68 40.28 10.90 29.24 38.67 18.51 24.56 46.40 52.72 70.44 45.23 45.51 39.66 49.39 85.67 -

ROA %

-9.51 2.01 9.11 8.57 9.78 2.69 7.31 8.13 5.58 6.87 19.07 21.88 22.38 21.01 18.53 13.86 13.23 - -

ROCE %

-42.09 22.53 49.41 73.20 58.06 45.51 16.66 16.65 18.36 16.37 45.89 58.38 61.65 55.93 53.20 59.49 80.65 133.40 -

Current Ratio

1.2 1.3 1.4 1.3 1.3 1.3 1.1 1.2 1.1 1.2 1.4 1.3 1.2 1.6 1.4 1.5 1.4 - -

DSO

11.0 12.7 13.3 12.1 11.9 13.0 12.0 14.0 15.4 18.2 15.2 16.9 19.2 15.4 19.2 - - - -

DIO

99.5 113.6 97.0 93.8 86.2 88.4 79.7 77.3 69.7 79.9 76.7 65.3 57.4 55.1 56.8 - - - -

DPO

41.8 40.8 40.8 44.7 50.0 47.4 32.0 27.6 28.2 29.3 32.4 39.7 32.7 27.0 27.9 - - - -

Operating Cycle

110.5 126.2 110.2 105.9 98.2 101.4 91.7 91.3 85.2 98.1 91.9 82.2 76.6 70.5 76.0 - - - -

Cash Conversion Cycle

68.7 85.5 69.4 61.2 48.2 54.0 59.7 63.7 56.9 68.8 59.5 42.6 43.9 43.5 48.1 - - - -

All numbers in USD currency

Quarterly Financial Ratios Polaris

2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q3 2010-Q2

EPS

-0.83 - -0.28 -1.39 -1.17 - 0.49 1.21 0.07 - 2.66 2.35 1.98 - 3.15 -0.08 1.16 - 1.88 2.58 2.16 - 2.7 -3.82 -0.09 - 1.44 1.44 0.79 - 1.54 1.46 0.88 - 1.31 0.99 -0.05 - 0.5 1.1 0.72 - 2.35 1.52 1.33 - 2.13 1.47 1.23 - 1.64 1.16 1.1 - 1.37 1.01 0.88 - 0.98 0.71 0.69 1.41 0.77

EBITDA per Share

0.42 - 4.21 0.95 0.66 - 2.39 3.25 1.79 - 4.62 4.37 3.88 - 5.17 4.1 2.6 - 5.25 3.5 3.93 - 6.95 -2.73 1.1 - 4.93 4.02 2.22 - 4.74 3.5 2.15 - 4.07 3.03 1.04 - 2.79 3.03 1.77 - 5.39 3.56 2.82 - 4.73 3.21 2.35 - 3.55 2.39 1.77 - 2.81 2.08 1.58 - 2.34 1.63 1.29 3.51 2.24

ROE %

-19.81 -13.49 -11.43 -4.94 2.03 7.46 18.82 27.50 32.21 31.93 50.21 38.42 33.90 24.08 33.53 29.39 42.47 36.24 50.81 20.80 6.19 -6.47 2.46 -4.13 24.39 29.23 30.86 33.90 36.62 38.68 31.50 29.27 25.25 18.51 22.35 17.29 18.84 24.56 28.62 40.70 42.78 46.40 50.84 51.38 52.35 52.72 57.29 62.06 65.75 70.44 62.90 55.44 50.62 45.23 45.25 45.12 44.75 45.51 48.58 45.74 9.46 15.85 10.69

ROA %

-3.90 -3.00 -2.50 -1.00 0.54 1.76 4.41 6.37 7.31 7.25 10.90 9.62 9.52 7.37 10.87 7.22 10.19 8.82 12.42 4.99 1.37 -1.60 0.64 -0.97 6.10 7.31 7.30 7.62 7.87 8.13 6.93 7.26 7.03 5.58 6.58 4.98 5.26 6.87 9.49 14.95 16.89 19.09 20.97 21.26 21.69 21.88 21.80 21.73 21.81 22.38 21.85 21.49 21.44 21.00 20.29 19.45 18.72 18.53 18.19 15.80 3.85 4.86 3.12

ROCE %

-7.46 -2.25 2.68 9.82 13.73 16.67 31.73 42.49 47.53 44.70 69.65 72.57 65.82 51.87 64.91 59.11 58.51 49.57 70.49 31.64 12.97 -4.41 7.35 -1.38 31.83 31.34 47.37 49.74 47.15 39.76 52.31 46.93 35.07 25.46 32.08 33.02 31.27 29.01 53.74 63.83 65.65 56.75 82.59 75.91 73.91 58.60 92.45 90.05 91.04 76.33 96.83 78.97 68.79 49.75 71.81 66.69 64.61 51.35 74.08 69.93 13.92 22.72 17.91

Current Ratio

1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.3 1.3 1.3 1.3 1.2 - 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.5 1.5 1.5 1.5 1.9 1.9 1.9 1.9 1.7 1.7 1.7 1.7 1.4 1.4

DSO

13.4 - 11.3 10.8 12.0 - 12.7 11.8 14.7 - 15.6 12.7 14.0 - 6.4 5.5 12.3 - 11.9 9.9 11.6 - 12.0 15.5 14.5 10.0 9.8 9.8 11.8 11.1 10.9 12.0 14.0 12.8 12.3 13.4 14.8 - -8872.9 -10078.0 -7218.6 - -10229.4 -7871.0 -9998.0 - -18045.3 -19332.9 -19914.5 - -26928.6 -28996.5 -33884.5 - - - - - - - - - -

DIO

102.7 - 106.0 105.3 123.3 - 133.4 117.3 122.1 - 106.9 105.9 102.5 - 49.4 54.0 108.3 - 110.5 83.2 78.1 - 75.7 91.1 94.3 - 76.6 76.2 83.4 - 70.8 79.2 82.1 - 64.2 - - - - - - - - - - - - - - - - - - - - - - - - - - - -

DPO

55.0 - 49.4 45.8 45.5 - 49.6 46.4 48.4 - 46.7 47.1 45.8 - 21.8 28.1 56.0 - 61.4 51.5 51.2 - 50.3 60.5 50.5 - 30.8 30.6 31.8 - 25.3 28.3 31.1 - 26.0 - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Operating Cycle

116.1 - - 116.0 135.3 - 146.1 129.2 136.8 - 122.5 118.6 116.5 - 55.8 59.5 120.5 - 122.4 93.0 89.7 - 87.7 106.7 108.8 10.0 86.4 85.9 95.3 11.1 81.7 91.2 96.1 12.8 76.5 13.4 14.8 - -8872.9 -10078.0 -7218.6 - -10229.4 -7871.0 -9998.0 - -18045.3 -19332.9 -19914.5 - -26928.6 -28996.5 -33884.5 - - - - - - - - - -

Cash Conversion Cycle

61.1 - - 70.3 89.9 - 96.5 82.8 88.4 - 75.8 71.5 70.7 - 34.0 31.4 64.5 - 61.0 41.5 38.4 - 37.4 46.1 58.3 10.0 55.7 55.4 63.5 11.1 56.4 62.9 65.0 12.8 50.5 13.4 14.8 - -8872.9 -10078.0 -7218.6 - -10229.4 -7871.0 -9998.0 - -18045.3 -19332.9 -19914.5 - -26928.6 -28996.5 -33884.5 - - - - - - - - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Polaris , allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

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