Company Valuation: Polaris Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 85.27 68.21 51.16 17.05 17.05 17.05
Change - -20% -25% -66.67% 0% 0%
Enterprise Value (EV) 1 84.68 69.97 48.05 17.38 18.58 16.72
Change - -17.37% -31.33% -63.83% 6.89% -9.99%
P/E -263x -174x -14.4x -8.62x -9.09x -16.4x
PBR 6.11x 5.04x 5.04x 2.3x 3.13x 3.88x
PEG - -8.3x -0x 0.2x 1.76x 0.4x
Capitalization / Revenue 2.6x 1.28x 0.73x 0.77x 0.73x 0.67x
EV / Revenue 2.58x 1.31x 0.68x 0.79x 0.79x 0.66x
EV / EBITDA -1,728x -200x -7.36x -7.57x -11x -11.2x
EV / EBIT -121x -99x -7.07x -6.76x -8.8x -9.61x
EV / FCF 582x -13.8x 7.61x -5.96x -36.8x -317x
FCF Yield 0.17% -7.23% 13.1% -16.8% -2.72% -0.32%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.000019 -0.000023 -0.000208 -0.000116 -0.00011 -0.000061
Distribution rate - - - - - -
Net sales 1 32.79 53.44 70.22 22.12 23.5 25.32
EBITDA 1 -0.049 -0.349 -6.525 -2.295 -1.683 -1.495
EBIT 1 -0.698 -0.707 -6.794 -2.572 -2.112 -1.74
Net income 1 -0.328 -0.394 -3.563 -1.995 -1.882 -1.054
Net Debt 1 -0.589 1.76 -3.111 0.327 1.525 -0.331
Reference price 2 0.005000 0.004000 0.003000 0.001000 0.001000 0.001000
Nbr of stocks (in thousands) 17,053,170 17,053,170 17,053,170 17,053,170 17,053,170 17,053,170
Announcement Date 6/3/21 6/7/22 4/13/23 4/15/24 4/14/25 4/13/26
1SGD in Million2SGD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 13.29M
13.25x0.41x6.48x4.52% 18.18B
18.31x0.84x9.31x4.29% 6.29B
11.21x0.49x8.3x2.79% 3.9B
12.71x0.25x4.34x1.97% 2.33B
7.03x0.13x2.69x2.75% 2.24B
15.03x0.31x6.53x2.53% 1.87B
10.45x0.92x8.5x7.89% 1.3B
16.49x0.11x1.66x3.2% 1.17B
Average 13.06x 0.43x 5.98x 3.74% 4.14B
Weighted average by Cap. 13.58x 0.47x 6.71x 4.01%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Stocks
  3. 5BI Stock
  4. Valuation Polaris Ltd.