Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

TSE:PIF

Polaris Renewables (PIF.TO)

14.77
-0.08 (0.54%)
as of Jun 15, 2026, 3:34:28 pm Market Open.
20 watching
0
Investor Insights
star iconJun 15, 2026, 12:00 am

This summary was created by AI, based on 1 opinions in the last 12 months.

Polaris Renewables, represented by the symbol PIF-T, has a major asset located in Nicaragua, which is often perceived to carry political risk. The stock experiences low trading volumes, leading to significant price fluctuations when institutions buy or sell. As the company looks to diversify its asset base geographically, there is potential for price appreciation; however, the timeline for such growth remains uncertain. Investors must be prepared to hold onto the stock primarily for its dividend yield, which is approximately 6.4%. While some experts have previously held the stock for its dividend benefits, one has decided to sell, indicating a level of caution among current and potential investors.

consensus icon
Consensus
Cautious
valuation icon
Valuation
Undervalued
review icon
Similar
CNGG,
TOP PICK
Checks all the boxes. Geothermal. Super cheap. Pretty unknown, and therein lies its appeal. Going to go up a lot. Yield is 4.42%. (Analysts’ price target is $24.51)
premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly We reiterate our TOP PICK recommendation with PIF -- the Canadian $366 million market cap infrastructure developer of renewable energy projects in Latin America. It pays a nice dividend backed by a payout ratio of 35% of cash flow. It trades at 10x earnings, compared to peers at 14x and is valued under 2x book value. We would buy this with a stop loss at $14, looking to achieve $28 -- upside potential over 53%. Yield 3.32% (Analysts’ price target is $28.00)
WEAK BUY
Pulled back, caught up in the renewable selloff. Flagship project in Nicaragua continues to deliver steady cashflow growth. Expanding into Panama. Trading at a 50% discount to other renewables. Great company for the long term. Caution: elections in Nicaragua could have a positive or negative impact, depending how peaceful they are.
premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly PIF is a Canadian $366 million market cap infrastrucuture developer of renewable energy projects in Latin America. It trades at 11x earnings compared to peers at 27x and a 1.4x book value. It pays a reasonable dividend backed by a payout ratio estimated at 35% of cash flow. We would buy this with a stop loss at $14, looking to achieve $28 -- upside potential over 45%. Yield 4.04% (Analysts’ price target is $28.00)
PAST TOP PICK
(A Top Pick Mar 20/20, Up 33%) A great free cashflow story. One that certain people do not want to invest since it is oil and gas. However, it is rather an energy storage. The company generates increasing free cash flow. Pays a 4% dividend and trades at 6x EBITDA, which is half what other alternative power generators trade for. A big position for them.
BUY
Higher risk, as it's based in Nicaragua. Outlook is positive. Discounted valuation compared to larger peers. Astute management. Over time, should grow and diversify geographically. Price pullback due to pullback in the renewable sector plus uncertainty in Nicaragua. Cheap, nice yield, could be a takeover candidate.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The balance sheet is good and earnings should grow nicely this year. Insiders have been buying and the dividend has shown some growth. Small cap income with some growth potential. Unlock Premium - Try 5i Free

TOP PICK
Boasts a reasonable valuation in the renewable space. A unique opportunity. Operates in Nicaragua and Peru. Recently, they extended their contract of their flagship geothermal facility to 2039. They have a lot of cash for possible M&A in Latin America to buy good assets. (Analysts’ price target is $28.00)
TOP PICK
Pure play renewable energy company, with assets in Latin and Central America. Excellent job growing cashflows. Trades at a significant discount to peers. As it continues to execute, grow cashflows, and expand outside Nicaragua, will see the valuation gap narrow and could see a lot of upside. Yield is 3.64%. (Analysts’ price target is $27.88)
HOLD
It is the middle of the pack. The price momentum has held him back. Valuation is decent at 5x EBITA and 8x PE. The 5.5% yield is healthy with a reasonable payout ratio of 65%. Needs a little more positive fund flow before taking a position.
WAIT
A Nicaraguan geothermal plant is their centerpiece. The stock has fallen and is treading water because of political disruptions in Nicaragua. The valuation is reasonable and managers are great. Cash flow is fine. Polaris has expanded into Peru with hydro projects. This is incredibly cheap vs. peers. Once elections are done in Nicaragua (he expects a new leader), things will settle there.
RISKY

They make geothermal renewable energy primarily in Nicaragua with other projects in Peru, Panama and elsewhere. There is political risk in some territories; governments can renege on payments, though he hopes Latin America won't do this. He already owns Boralex and other renewables, so he knows this industry. Beware of the risks if you buy. It's priced accordingly and trading at a much-lower multiple than its peers. So, there is good upside. Trading at 5-6x EBITDA.

HOLD
Renewable energy has been hot. Has underperformed its peers a bit. Has a small holding for its yield. Well covered payout ratio of 65%. Debt is a bit of a concern. Reasonable price, decent value, decent volatility. Yield is 5.4%.
TOP PICK
Understand what you own. Clean power in Nicaragua and Peru. Super cheap. Dividend likely to be increased next year. A good news story. Lots of upside. Yield is 5.19%. (Analysts’ price target is $25.00)
PAST TOP PICK
(A Top Pick Aug 26/19, Down 13%) Green power generator. A great story. Added power projects last year. Stock is dirt cheap. Wildly undervalued, lots of upside. Yield is over 6%.
Showing 16 to 30 of 64 entries