Polaris Renewable Energy Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 12, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	252	247	281	279	296	329
Market Cap Growth	-0.81%	-12.12%	0.71%	-5.80%	-10.13%	18.35%
Enterprise Value	431.55	373.22	381.37	398.09	433.01	376.9
Last Close Price	12.05	11.80	13.33	13.23	14.07	16.86
PE Ratio	-	-66.15	66.36	17.80	86.42	444.67
Forward PE	29.00	26.28	21.55	16.07	23.60	45.94
PEG Ratio	-	1.24	1.24	1.24	1.24	1.46
PS Ratio	2.28	3.06	3.70	3.55	4.73	5.53
PB Ratio	0.76	1.01	1.08	1.03	1.10	1.25
P/TBV Ratio	1.05	1.02	1.09	1.03	1.05	1.22
P/FCF Ratio	5.33	7.16	8.86	8.56	288.90	10.06
P/OCF Ratio	5.21	7.00	8.01	6.34	8.83	8.00
EV/Sales Ratio	3.91	4.64	5.03	5.07	6.92	6.33
EV/EBITDA Ratio	5.31	6.88	7.80	6.96	10.02	8.91
EV/EBIT Ratio	10.82	15.53	19.61	14.20	24.59	23.68
EV/FCF Ratio	9.13	10.83	12.03	12.22	422.86	11.52
Debt / Equity Ratio	0.89	0.89	1.21	0.59	0.64	0.57
Debt / EBITDA Ratio	4.05	4.05	6.77	3.06	4.34	4.04
Debt / FCF Ratio	6.38	6.38	10.44	5.38	182.94	5.23
Net Debt / Equity Ratio	0.54	0.54	0.45	0.50	0.56	0.28
Net Debt / EBITDA Ratio	2.42	2.42	2.41	2.36	3.52	1.73
Net Debt / FCF Ratio	3.81	3.81	3.71	4.15	148.44	2.23
Asset Turnover	0.13	0.13	0.13	0.15	0.12	0.12
Quick Ratio	5.09	5.09	6.64	1.62	1.52	3.13
Current Ratio	5.25	5.25	6.76	1.72	1.65	3.21
Return on Equity (ROE)	-1.12%	-1.12%	0.82%	4.37%	0.92%	0.22%
Return on Assets (ROA)	5.77%	2.87%	8.47%	9.86%	8.52%	0.39%
Return on Invested Capital (ROIC)	8.01%	3.98%	11.17%	10.95%	10.06%	0.48%
Return on Capital Employed (ROCE)	4.20%	4.20%	3.48%	5.65%	3.62%	3.44%
Earnings Yield	-1.49%	-1.51%	1.51%	5.62%	1.16%	0.22%
FCF Yield	18.76%	13.98%	11.29%	11.69%	0.35%	9.94%
Dividend Yield	6.77%	6.96%	6.43%	6.01%	5.80%	4.44%
Payout Ratio	-	-459.32%	422.84%	107.43%	484.67%	2222.55%
Buyback Yield / Dilution	0.82%	0.60%	0.08%	-0.09%	0.00%	-11.95%
Total Shareholder Return	7.59%	7.56%	6.51%	5.92%	5.80%	-7.52%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.