Company Valuation: Polaris Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,670 5,854 5,352 3,213 3,558 3,304 - -
Change - -12.23% -8.57% -39.96% 10.71% -7.14% - -
Enterprise Value (EV) 1 8,398 7,587 6,893 4,998 4,959 4,743 4,713 4,755
Change - -9.65% -9.15% -27.49% -0.78% -4.35% -0.63% 0.89%
P/E 13.9x 13.6x 10.9x 29.5x -7.73x 27.9x 20.4x 15.9x
PBR 5.5x 5.45x 3.82x 2.52x 4.34x 3.95x 3.72x 3.62x
PEG - -2.44x 0.6x -0.4x 0x -0x 0.6x 0.6x
Capitalization / Revenue 0.81x 0.68x 0.6x 0.45x 0.5x 0.44x 0.43x 0.41x
EV / Revenue 1.02x 0.88x 0.77x 0.7x 0.69x 0.63x 0.61x 0.59x
EV / EBITDA 8.29x 7.05x 6.75x 7.87x 12.1x 7.46x 7.55x 6.83x
EV / EBIT 11.8x 9.43x 9.83x 17.2x -14.2x 20.1x 13.8x 11.9x
EV / FCF -1,826x 37.6x 13.4x 769x 8.89x 26.8x 26x -18.7x
FCF Yield -0.05% 2.66% 7.45% 0.13% 11.3% 3.73% 3.85% -5.34%
Dividend per Share 2 2.52 2.56 2.6 2.64 2.68 2.699 2.722 2.78
Rate of return 2.29% 2.53% 2.74% 4.58% 4.24% 4.65% 4.69% 4.79%
EPS 2 7.88 7.44 8.71 1.95 -8.18 2.08 2.848 3.661
Distribution rate 32% 34.4% 29.9% 135% -32.8% 130% 95.6% 75.9%
Net sales 1 8,198 8,589 8,934 7,175 7,143 7,547 7,769 8,081
EBITDA 1 1,013 1,076 1,021 635.4 410.2 636 624.5 696.5
EBIT 1 709 804.5 700.9 290.6 -348.7 235.5 342.2 400.5
Net income 1 493.9 447.1 502.8 110.8 -465.5 120.9 171.4 215.2
Net Debt 1 1,728 1,733 1,541 1,785 1,402 1,439 1,410 1,452
Reference price 2 109.91 101.00 94.77 57.62 63.25 58.06 58.06 58.06
Nbr of stocks (in thousands) 60,682 57,959 56,473 55,770 56,248 56,904 - -
Announcement Date 25/01/22 31/01/23 30/01/24 28/01/25 27/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.2x0.63x8.36x4.68% 330.38Cr
402.09x14.65x106.36x-.--% 1,61100Cr
9.9x1.27x11.49x3.29% 23TCr
14.06x0.79x5.43x1.76% 9.93TCr
35.47x8.97x22.86x1.1% 7.49TCr
7.47x0.34x2.72x0.89% 6.79TCr
7.17x1.19x13.66x3.77% 5.13TCr
10.32x0.26x3.27x5.14% 4.67TCr
11.44x0.68x9.21x3.97% 4.41TCr
7.44x0.05x0.51x7.6% 4.07TCr
Average 53.46x 2.88x 18.39x 3.22% 22.7TCr
Weighted average by Cap. 289.05x 10.91x 78.28x 0.89%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Polaris Inc.

Historical PBR trend

Valuation ratios - PBR - Polaris Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Polaris Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Polaris Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Polaris Inc.
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