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 2,968 - -
Change - -12.23% -8.57% -39.96% 10.71% -16.59% - -
Enterprise Value (EV) 1 8,398 7,587 6,893 4,998 4,959 4,425 4,427 4,414
Change - -9.65% -9.15% -27.49% -0.78% -10.77% 0.05% -0.31%
P/E 13.9x 13.6x 10.9x 29.5x -7.73x 26.6x 17.4x 12.9x
PBR 5.5x 5.45x 3.82x 2.52x 4.34x 3.55x 3.34x 3.03x
PEG - -2.44x 0.6x -0.4x 0x -0x 0.3x 0.4x
Capitalization / Revenue 0.81x 0.68x 0.6x 0.45x 0.5x 0.4x 0.39x 0.37x
EV / Revenue 1.02x 0.88x 0.77x 0.7x 0.69x 0.59x 0.58x 0.55x
EV / EBITDA 8.29x 7.05x 6.75x 7.87x 12.1x 7.18x 6.75x 6.17x
EV / EBIT 11.8x 9.43x 9.83x 17.2x -14.2x 17.9x 12.4x 10.8x
EV / FCF -1,826x 37.6x 13.4x 769x 8.89x 165x -90.7x -27.9x
FCF Yield -0.05% 2.66% 7.45% 0.13% 11.3% 0.61% -1.1% -3.58%
Dividend per Share 2 2.52 2.56 2.6 2.64 2.68 2.715 2.708 2.757
Rate of return 2.29% 2.53% 2.74% 4.58% 4.24% 5.21% 5.19% 5.29%
EPS 2 7.88 7.44 8.71 1.95 -8.18 1.963 2.993 4.058
Distribution rate 32% 34.4% 29.9% 135% -32.8% 138% 90.5% 67.9%
Net sales 1 8,198 8,589 8,934 7,175 7,143 7,438 7,680 7,970
EBITDA 1 1,013 1,076 1,021 635.4 410.2 616.5 656.3 715.3
EBIT 1 709 804.5 700.9 290.6 -348.7 247.1 356.2 410.2
Net income 1 493.9 447.1 502.8 110.8 -465.5 111.3 180.3 239.3
Net Debt 1 1,728 1,733 1,541 1,785 1,402 1,458 1,460 1,446
Reference price 2 109.91 101.00 94.77 57.62 63.25 52.15 52.15 52.15
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
26.57x0.59x7.18x5.21% 2.97B
335.37x12.86x94.36x-.--% 1,401B
9.93x1.27x11.47x3.3% 231B
15.15x0.81x5.42x1.62% 101B
36.17x9.15x23.31x1.08% 77.16B
8.15x0.36x2.87x0.86% 73.67B
7.7x1.21x13.96x3.51% 54.7B
12.21x0.27x3.47x4.85% 49.57B
11.63x0.68x9.27x3.96% 44.32B
21.96x1.28x7.16x2.46% 43.21B
Average 48.48x 2.85x 17.85x 2.68% 207.88B
Weighted average by Cap. 230.73x 9.28x 66.91x 0.87%

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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