Polaris Inc.

Polaris Inc.

PIIยทNYSE

$68.32

+0.35%
Consumer CyclicalAuto - Recreational Vehicles

Polaris Inc. designs, engineers, manufactures, and markets power sports vehicles worldwide. It operates through three segments: Off-Road, On-Road and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; snowmobiles and snow bikes conversion kit systems; motorcycles; and low emission, light duty hauling, passenger, and industrial vehicles. It also provides quadricycles and moto-roadsters; ORV accessories comprising winches, bumper, plows, racks, wheels and tires, pull-behinds, cab systems, lighting and audio systems, cargo box accessories, tracks, and oil; snowmobile accessories, which include covers, traction products, electric starters, reverse kits, tracks, bags, windshields, oil, and lubricants; and motorcycle accessories, such as saddle bags, handlebars, backrests, exhausts, windshields, seats, oil, and various chrome accessories. In addition, the company offers gear and apparel, such as helmets, jackets, gloves, pants, hats, goggles, boots, bibs, and leathers; and pontoon and deck boats. The company provides its products through dealers and distributors, and online; and aftermarket parts, garments, and accessories through 101 brick-and-mortar retail centers, call centers, and e-commerce sites. The company was formerly known as Polaris Industries Inc. Polaris Inc. was founded in 1954 and is headquartered in Medina, Minnesota.

At a Glance

Live Snapshot
Market Cap$3.89B
EPS-8.1800
P/E Ratio-8.35
Earnings Date07/27/2026
Polaris Inc.

Polaris Inc. Fair Value Envelope

PII ยท NYSE

Our analysis suggests that PII has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $68.32, this represents a potential HIDDEN relative to our calculated worth for Polaris Inc..

Intrinsic Value
Current Price: $68.32

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$6,404.7B
+ Cash & Equivalents$138.0M
Firm Value$6,404.9B
- Debt$1.5B
Equity Value$6,403.3B
/ Shares Outstanding56,248,333B
DCF Value$113.8K
UNDERVALUED BY 166528%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$1.5B
$3.0B
$5.9B
$11.9B
$23.7B
$47.4B
$94.8B
$189.7B
$379.4B
$758.8B
Maintenance CapEx
-$73.2M
-$146.3M
-$292.6M
-$585.3M
-$1.2B
-$2.3B
-$4.7B
-$9.4B
-$18.7B
-$37.5B
Owner Earnings
$1.4B
$2.8B
$5.6B
$11.3B
$22.5B
$45.1B
$90.2B
$180.3B
$360.7B
$721.3B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.3B
$2.4B
$4.5B
$8.3B
$15.3B
$28.4B
$52.6B
$97.4B
$180.4B
$334.1B
Terminal Value represents 88.7% of Enterprise Value