(PII) Polaris Industries - Ratings and Ratios
Off-Road Vehicles, Motorcycles, Snowmobiles, Boats, Accessories
Dividends
| Dividend Yield | 3.94% |
| Yield on Cost 5y | 3.31% |
| Yield CAGR 5y | 1.58% |
| Payout Consistency | 91.9% |
| Payout Ratio | 3.2% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 42.7% |
| Value at Risk 5%th | 62.8% |
| Relative Tail Risk | -10.59% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.38 |
| Alpha | -9.51 |
| CAGR/Max DD | -0.13 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.372 |
| Beta | 1.374 |
| Beta Downside | 1.434 |
| Drawdowns 3y | |
|---|---|
| Max DD | 75.22% |
| Mean DD | 36.86% |
| Median DD | 37.56% |
Description: PII Polaris Industries November 08, 2025
Polaris Industries Inc. (NYSE: PII) designs, engineers, manufactures and markets a broad portfolio of powersports products-including off-road vehicles (ATVs and side-by-sides), snowmobiles, motorcycles, and marine craft-through three operating segments: Off-Road, On-Road and Marine.
Beyond the core vehicles, the company sells a wide range of accessories (e.g., winches, lighting, cargo boxes, snowmobile tracks, motorcycle exhausts) and complementary apparel (helmets, jackets, boots), distributing them via an extensive dealer network, direct-to-consumer channels and online marketplaces.
Key performance indicators from the most recent fiscal year show total revenue of roughly $9.3 billion, a 7 % YoY increase driven primarily by strong demand for side-by-side models, and an operating margin of 10.2 %. Free cash flow exceeded $800 million, supporting ongoing dealer incentives and the rollout of a next-generation electric off-road platform slated for 2025.
Sector-wide, Polaris benefits from rising discretionary spending on outdoor recreation-U.S. consumer confidence for leisure goods has risen 4 % year-over-year-and from a tightening supply chain that favors manufacturers with diversified sourcing and robust inventory positioning.
For a deeper dive into how these dynamics translate into valuation metrics and potential upside, you might explore Polaris’s profile on ValueRay to see the latest analyst models and scenario analyses.
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income (-151.3m TTM) > 0 and > 6% of Revenue (6% = 419.1m TTM) |
| FCFTA 0.11 (>2.0%) and ΔFCFTA 5.76pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 0.80% (prev 6.17%; Δ -5.37pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.14 (>3.0%) and CFO 768.6m > Net Income -151.3m (YES >=105%, WARN >=100%) |
| Net Debt (1.52b) to EBITDA (271.7m) ratio: 5.60 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.02 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (56.9m) change vs 12m ago 0.71% (target <= -2.0% for YES) |
| Gross Margin 18.26% (prev 19.69%; Δ -1.43pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 127.8% (prev 136.9%; Δ -9.18pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -0.20 (EBITDA TTM 271.7m / Interest Expense TTM 136.9m) >= 6 (WARN >= 3) |
Altman Z'' -0.08
| (A) 0.01 = (Total Current Assets 2.60b - Total Current Liabilities 2.55b) / Total Assets 5.31b |
| (B) -0.02 = Retained Earnings (Balance) -127.3m / Total Assets 5.31b |
| (C) -0.00 = EBIT TTM -26.7m / Avg Total Assets 5.47b |
| (D) -0.04 = Book Value of Equity -167.4m / Total Liabilities 4.14b |
| Total Rating: -0.08 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 32.65
| 1. Piotroski 3.0pt |
| 2. FCF Yield 11.25% |
| 3. FCF Margin 8.32% |
| 4. Debt/Equity 1.61 |
| 5. Debt/Ebitda 5.60 |
| 6. ROIC - WACC (= -9.24)% |
| 7. RoE -12.48% |
| 8. Rev. Trend -53.37% |
| 9. EPS Trend -72.29% |
What is the price of PII shares?
Over the past week, the price has changed by +0.86%, over one month by +4.16%, over three months by +19.90% and over the past year by +11.10%.
Is PII a buy, sell or hold?
- Strong Buy: 2
- Buy: 0
- Hold: 13
- Sell: 1
- Strong Sell: 1
What are the forecasts/targets for the PII price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 65.8 | -3.2% |
| Analysts Target Price | 65.8 | -3.2% |
| ValueRay Target Price | 73.1 | 7.4% |
PII Fundamental Data Overview December 03, 2025
P/E Forward = 38.1679
P/S = 0.5155
P/B = 3.2472
P/EG = 2.3858
Beta = 1.129
Revenue TTM = 6.99b USD
EBIT TTM = -26.7m USD
EBITDA TTM = 271.7m USD
Long Term Debt = 1.30b USD (from longTermDebt, last quarter)
Short Term Debt = 463.4m USD (from shortTermDebt, last quarter)
Debt = 1.86b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.52b USD (from netDebt column, last quarter)
Enterprise Value = 5.17b USD (3.65b + Debt 1.86b - CCE 335.5m)
Interest Coverage Ratio = -0.20 (Ebit TTM -26.7m / Interest Expense TTM 136.9m)
FCF Yield = 11.25% (FCF TTM 581.4m / Enterprise Value 5.17b)
FCF Margin = 8.32% (FCF TTM 581.4m / Revenue TTM 6.99b)
Net Margin = -2.17% (Net Income TTM -151.3m / Revenue TTM 6.99b)
Gross Margin = 18.26% ((Revenue TTM 6.99b - Cost of Revenue TTM 5.71b) / Revenue TTM)
Gross Margin QoQ = 19.64% (prev 18.57%)
Tobins Q-Ratio = 0.97 (Enterprise Value 5.17b / Total Assets 5.31b)
Interest Expense / Debt = 1.81% (Interest Expense 33.6m / Debt 1.86b)
Taxrate = -29.75% (negative due to tax credits) (3.60m / -12.1m)
NOPAT = -34.6m (EBIT -26.7m * (1 - -29.75%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 1.02 (Total Current Assets 2.60b / Total Current Liabilities 2.55b)
Debt / Equity = 1.61 (Debt 1.86b / totalStockholderEquity, last quarter 1.15b)
Debt / EBITDA = 5.60 (Net Debt 1.52b / EBITDA 271.7m)
Debt / FCF = 2.61 (Net Debt 1.52b / FCF TTM 581.4m)
Total Stockholder Equity = 1.21b (last 4 quarters mean from totalStockholderEquity)
RoA = -2.85% (Net Income -151.3m / Total Assets 5.31b)
RoE = -12.48% (Net Income TTM -151.3m / Total Stockholder Equity 1.21b)
RoCE = -1.06% (EBIT -26.7m / Capital Employed (Equity 1.21b + L.T.Debt 1.30b))
RoIC = -1.11% (negative operating profit) (NOPAT -34.6m / Invested Capital 3.14b)
WACC = 8.14% (E(3.65b)/V(5.50b) * Re(11.08%) + D(1.86b)/V(5.50b) * Rd(1.81%) * (1-Tc(-0.30)))
Discount Rate = 11.08% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.26%
[DCF Debug] Terminal Value 60.71% ; FCFE base≈465.8m ; Y1≈337.1m ; Y5≈187.3m
Fair Price DCF = 41.34 (DCF Value 2.33b / Shares Outstanding 56.2m; 5y FCF grow -32.57% → 3.0% )
EPS Correlation: -72.29 | EPS CAGR: -35.80% | SUE: 1.34 | # QB: 2
Revenue Correlation: -53.37 | Revenue CAGR: -2.08% | SUE: 0.45 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.44 | Chg30d=+0.005 | Revisions Net=-3 | Analysts=7
EPS next Year (2026-12-31): EPS=1.69 | Chg30d=+0.234 | Revisions Net=+9 | Growth EPS=+3815.5% | Growth Revenue=+0.3%
Additional Sources for PII Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle