TSX/PIF (TSX/PIF)

Toronto Stock Exchange: TSX/PIF · CAD

CA$13.8

+0.07 (+0.5%)· Recorded snapshot

Market cap	287.3M
Revenue (ttm)	111.1M
Net income (ttm)	5.7M
EPS (ttm)	CA$0.27
Shares out	20.9M
P/E (trailing)	50.8x
P/E (forward)	92.8x
Dividend	CA$0.83 (6.04%)
Volume	28,909
Beta	0.47

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 111.1M
Net income (ttm): 5.7M
EPS (ttm): CA$0.27
P/E (trailing): 50.8x
P/E (forward): 92.8x
Market cap: 287.3M

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E92.8

P25 n/aP50 n/aP75 n/a

Trailing P/E50.8

P25 n/aP50 n/aP75 n/a

ROE1.7

P25 n/aP50 n/aP75 n/a

ROIC3.3

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TSX/PIF indicators

Market & fundamental data

Available fields

240

Groups with data

Currency

USD

Showing 240 of 240 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	CAD
Country	Canada
Country code	CA
Earnings date	2026-10-29
Employees	215
Employees change	10
Employees growth	4.88%
Enterprise value	CAD 466.2M
Exchange	Toronto Stock Exchange
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1984
Industry	Utilities - Renewable
Is primary listing	Yes
ISIN number	CA73106R1001
Last earnings date	2026-07-30
Last refreshed	2026-10-28
Last stock split date	2015-05-19
Last stock split type	Reverse
Market cap	CAD 287.3M
Next earnings date	2026-10-29
Price	CAD 13.75
Price currency	CAD
Sector	Utilities
SIC code	4991
Stock price date	2026-10-28
Symbol	tsx/PIF
Website	https://polarisrei.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	96.5x
Average P/E ratio (3Y)	31.25x
Average P/E ratio (5Y)	75.46x
Earnings yield	1.97%
EV/Earnings	81.55x
EV/EBIT	13.41x
EV/EBITDA	5.93x
EV/FCF	9.97x
EV/Sales	4.18x
FCF / EV yield	10.03%
FCF yield	16.31%
Forward P/E	92.76x
Graham number	9.86632
Graham upside	-27.61%
Lynch fair value	CAD 1.35
Lynch upside	-90.08%
P/(FCF - SBC) ratio	6.26x
P/(OCF - SBC) ratio	6.09x
P/B ratio	0.86x
P/E ratio	50.84x
P/FCF ratio	6.13x
P/OCF ratio	5.97x
P/S ratio	2.57x
Price / tangible book value	1.11x
Price/EBITDA ratio	3.68x
Sector forward P/E	26.86x
Sector P/E	37.8x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	31.19%
EBITDA margin	69.94%
FCF margin	42.37%
Gross margin	81.66%
Operating margin	31.19%
Pretax margin	1.7%
Profit margin	5.13%
Profit per employee	CAD 26,506
Revenue per employee	CAD 516,877
ROA	2.83%
ROA (5Y)	2.65%
ROCE	4.83%
ROE	1.66%
ROE (5Y)	1.04%
ROIC	3.32%
SBC / revenue	0.88%
Tax / revenue	-3.39%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth 3Y	-28.15%
EPS growth 5Y	-32.69%
EPS growth years	0
FCF growth	-0.24%
FCF growth (Q)	38.92%
FCF growth (QoQ)	-24.77%
FCF growth 3Y	27%
FCF growth 5Y	-5.63%
Net income growth 3Y	-28.17%
Net income growth 5Y	-30.5%
Net income growth years	0
OCF growth	-2.52%
OCF growth (Q)	36.15%
OCF growth (QoQ)	-23.97%
OCF growth 10Y	3.44%
OCF growth 3Y	1.68%
OCF growth 5Y	-6.04%
Revenue growth	-0.15%
Revenue growth (Q)	-7.89%
Revenue growth (QoQ)	0.84%
Revenue growth 10Y	4.64%
Revenue growth 3Y	2.68%
Revenue growth 5Y	3.67%
Revenue growth years	1

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	CAD -1.3M
Depreciation and amortization	CAD 42.9M
EBIT	CAD 34.7M
EBITDA	CAD 77.7M
EPS	CAD 0.27
FCF per share	CAD 2.23
Financing cash flow	CAD -28.4M
Free cash flow	CAD 46.6M
Free cash flow minus SBC	CAD 45.6M
Gross profit	CAD 90.7M
Income taxes	CAD -3.8M
Investing cash flow	CAD -9.5M
Net borrowing	CAD -6.5M
Net cash flow	CAD 10.1M
Net income	CAD 5.7M
Operating cash flow minus SBC	CAD 46.9M
Operating income	CAD 34.7M
Revenue	CAD 111.1M
Stock-based compensation	CAD 972,769

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	CAD 16.00
Debt / EBITDA	3.98
Debt / equity	0.93
Debt / FCF	6.68
Goodwill	CAD 13.1M
Interest coverage	1.09
Long-term assets	CAD 596.3M
Long-term liabilities	CAD 383.6M
Net cash (debt)	CAD -179.1M
Net cash / market cap	-62.67%
Net debt / EBITDA	2.3
Net debt / equity	0.54
Net debt / FCF	3.84
Piotroski F-Score	5
Property, plant and equipment	CAD 480.4M
Shareholders' equity	CAD 334M
Tangible book value	CAD 256.7M
Tangible book value per share	CAD 12.28
Total assets	CAD 749.9M
Total cash	CAD 132.4M
Total debt	CAD 311.5M
Total liabilities	CAD 415.9M
WACC	7.47%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.15
Current assets	CAD 153.7M
Current liabilities	CAD 32.3M
Current ratio	4.75
Net working capital	CAD -3.4M
Quick ratio	4.59
Working capital	CAD 122.6M
Working capital turnover	1.36

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	0.22%
Dividend growth	-0.79%
Dividend growth (3Y)	0.96%
Dividend growth (5Y)	1.87%
Dividend growth years	4
Dividend payment date	2026-08-21
Dividend payment years	11
Dividend payout frequency	Quarterly
Dividend per share	CAD 0.83
Dividend yield	6.04%
Ex-dividend date	2026-08-10
FCF payout ratio	37.21%
Last dividend	CAD 0.21
Payout ratio	313.21%
Shareholder yield	6.31%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-13.88%
10Y return CAGR	4.06%
10Y total return	48.85%
150-day SMA	CAD 13.95
15Y price change	-97.72%
15Y return CAGR	-19.24%
15Y total return	-95.95%
1D price change	0.51%
1M price change	0.59%
1M total return	0.59%
1W price change	2.7%
1W total return	2.7%
1Y price change	-2.42%
1Y return CAGR	3.99%
1Y total return	3.99%
20-day SMA	CAD 13.58
200-day SMA	CAD 13.52
3M price change	-13.72%
3M total return	-12.52%
3Y price change	9.68%
3Y return CAGR	10.08%
3Y total return	33.41%
50-day SMA	CAD 13.98
50-day SMA vs 200-day SMA	50over200
52-week high	CAD 16.08
52-week high date	2026-07-28
52-week low	CAD 11.55
52-week low date	2025-12-29
5Y price change	-25.25%
5Y return CAGR	0.03%
5Y total return	0.15%
6M price change	6.28%
6M total return	9.53%
All-time high	CAD 8,460.00
All-time high date	2010-01-04
All-time low	CAD 6.44
All-time low date	2016-01-14
Average true range (ATR)	CAD 0.33
Average volume	21.7K
Beta (1Y)	0.46
Beta (2Y)	0.53
Beta (5Y)	0.47
Change from 52-week high	-14.49%
Change from 52-week low	19.05%
Change from all-time high	-99.84%
Change from all-time low	112.89%
Change from open	-1.72%
Day's gap	2.27%
Dollar volume	CAD 397,499
High price	CAD 13.99
Low price	CAD 13.57
Monthly RSI	52.85
Open price	CAD 13.99
Position in 52-week range	42.86%
Previous close	CAD 13.68
Price vs 150-day SMA	-1.74%
Price vs 20-day SMA	0.93%
Price vs 200-day SMA	1.44%
Price vs 50-day SMA	-1.9%
Relative volume	1.33
RSI	49.7
Sharpe ratio	0.11
Sharpe ratio (3Y)	0.29
Sharpe ratio (5Y)	-0.01
Sortino ratio	0.44
Sortino ratio (3Y)	0.73
Sortino ratio (5Y)	0.2
Volume	28.9K
Weekly RSI	47.15
YTD price change	16.19%
YTD total return	21.75%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	20.2M
Shares change (QoQ)	-0.07%
Shares change (YoY)	-0.22%
Shares held by insiders	3.29%
Shares held by institutions	19.92%
Shares outstanding	20.9M

Deeper analysis on TSX/PIF

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this TSX/PIF report

Is a complete TSX/PIF research report available?

No complete published report is available for tsx/PIF (TSX/PIF) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TSX/PIF (TSX/PIF)

Price

Financial snapshot

Fair-value bridge

Latest news · TSX/PIF

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TSX/PIF indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TSX/PIF

Frequently asked questions