Polar Power, Inc. (NASDAQ:POLA)

Polar Power, Inc. POLA

Industrials - Electrical Equipment & Parts - NASDAQ - US

Watchlist

$ 0.4602

-9.41 %

$ 8.08 M

Market Cap

-1.0

P/E

1. INTRINSIC VALUE

Polar Power, Inc. designs, manufactures, and sells direct current (DC) power generators, renewable energy, and cooling systems in the United States and internationally. The company offers DC base power systems, DC hybrid power systems, DC solar hybrid power systems, and mobile power systems. Its DC power systems are available in diesel, natural gas, LPG/propane, and renewable fuel formats. The company serves customers in the telecommunications, military, commercial, industrial, and marine markets. It sells its products through a direct sales force, and a network of independent service providers and dealers. The company was formerly known as Polar Products, Inc. and changed its name to Polar Power, Inc.[ Read More ]

The intrinsic value of one POLA stock under the base case scenario is HIDDEN Compared to the current market price of 0.46 USD, Polar Power, Inc. is HIDDEN

POLA Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart POLA

FINANCIALS

Annual
Quarterly

15.3 M REVENUE

Growth Rates

1Year -4.75%

3Years 19.19%

5Years -8.65%

7Years -5.55%

10Years 0.00%

-5.99 M OPERATING INCOME

Growth Rates

1Year -8.26%

3Years 22.69%

5Years -40.38%

7Years -8.84%

10Years 0.00%

-6.55 M NET INCOME

Growth Rates

1Year -17.26%

3Years 15.55%

5Years -50.49%

7Years -13.90%

10Years 0.00%

-3.43 M OPERATING CASH FLOW

Growth Rates

1Year 47.29%

3Years 19.39%

5Years 15.26%

7Years -30.57%

10Years 0.00%

-194 K INVESTING CASH FLOW

Growth Rates

1Year -676.00%

3Years -116.94%

5Years 19.53%

7Years 5.87%

10Years 0.00%

3.96 M FINANCING CASH FLOW

Growth Rates

1Year 141.29%

3Years -9.66%

5Years 98.25%

7Years -17.82%

10Years 0.00%

4.91 M REVENUE

Growth Rates

1Year -4.75%

3Years 19.19%

5Years -8.65%

7Years -5.55%

10Years 0.00%

40 K OPERATING INCOME

Growth Rates

1Year -8.26%

3Years 22.69%

5Years -40.38%

7Years -8.84%

10Years 0.00%

13 K NET INCOME

Growth Rates

1Year -17.26%

3Years 15.55%

5Years -50.49%

7Years -13.90%

10Years 0.00%

-836 K OPERATING CASH FLOW

Growth Rates

1Year 47.29%

3Years 19.39%

5Years 15.26%

7Years -30.57%

10Years 0.00%

18 K INVESTING CASH FLOW

Growth Rates

1Year -676.00%

3Years -116.94%

5Years 19.53%

7Years 5.87%

10Years 0.00%

215 K FINANCING CASH FLOW

Growth Rates

1Year 141.29%

3Years -9.66%

5Years 98.25%

7Years -17.82%

10Years 0.00%

Balance Sheet Decomposition Polar Power, Inc.

25.3 M ASSETS
12.1 M LIABILITIES

Current Assets	22 M
Cash & Short-Term Investments	549 K
Receivables	4.46 M
Other Current Assets	17 M
Non-Current Assets	3.27 M
Long-Term Investments	0
PP&E	3.16 M
Other Non-Current Assets	108 K

Current Liabilities	10.2 M
Accounts Payable	1.76 M
Short-Term Debt	5.68 M
Other Current Liabilities	2.77 M
Non-Current Liabilities	1.86 M
Long-Term Debt	1.86 M
Other Non-Current Liabilities	0

EFFICIENCY

Earnings Waterfall Polar Power, Inc.

Revenue	15.3 M
Cost Of Revenue	14.6 M
Gross Profit	695 K
Operating Expenses	6.68 M
Operating Income	-5.99 M
Other Expenses	558 K
Net Income	-6.55 M

RATIOS

4.54% GROSS MARGIN

Averages

1Year 4.54%

3Years 12.72%

5Years -0.85%

7Years 8.60%

10Years 17.69%

-39.17% OPERATING MARGIN

Averages

1Year -39.17%

3Years -30.65%

5Years -50.31%

7Years -37.31%

10Years -20.56%

-42.82% NET MARGIN

Averages

1Year -42.82%

3Years -32.20%

5Years -46.77%

7Years -34.68%

10Years -21.29%

-49.65% ROE

Averages

1Year -49.65%

3Years -31.39%

5Years -42.31%

7Years -31.25%

10Years -15.39%

-25.92% ROA

Averages

1Year -25.92%

3Years -20.27%

5Years -27.93%

7Years -20.89%

10Years -11.07%

-33.75% ROIC

Averages

1Year -33.75%

3Years -29.79%

5Years -37.43%

7Years -27.78%

10Years -14.75%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis Polar Power, Inc.

Net Income	-6.55 M
Depreciation & Amortization	387 K
Capital Expenditures	-194 K
Stock-Based Compensation	0
Change in Working Capital	2.28 M
Others	195 K
Free Cash Flow	-3.62 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets Polar Power, Inc.

POLA has no price targets from Wall Street.

4. DIVIDEND ANALYSIS

0.00% DIVIDEND YIELD

0 USD DIVIDEND PER SHARE

5. COMPETITION

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Flux Power Holdings, Inc., through its subsidiary Flux Power, Inc., designs, develops, manufactures, and sells lithium-ion energy storage solutions for lift trucks, airport ground support equipment, and other industrial and commercial applications in the United States.

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FLUX

Undervalued 100.44%

Pioneer Power Solutions, Inc., together with its subsidiaries, designs, manufactures, sells, and services electric power systems, distributed energy resources, used and new power generation equipment, and mobile EV charging solutions in the United States, Canada, and internationally.

4.49 USD

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Overvalued 27.04%

Eos Energy Enterprises, Inc. designs, manufactures, and deploys battery storage solutions for utility, commercial and industrial, and renewable energy markets in the United States.

-0.00711 USD

EOSE

Overvalued 100.32%

FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed baseload power generation.

-4.27 USD

FCEL

Overvalued 169.33%

Lightbridge Corporation, together with its subsidiaries, engages in the design and development of nuclear fuel technology under the Lightbridge Fuel name.

2.36 USD

LTBR

Overvalued 63.52%

Hayward Holdings, Inc. designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally.

11.3 USD

HAYW

Overvalued 29.86%

Kimball Electronics, Inc. provides contract electronics manufacturing services and diversified manufacturing services to customers in the automotive, medical, industrial, and public safety end markets.

27.3 USD

Undervalued 42.95%

Dragonfly Energy Holdings Corp. manufactures and supplies deep cycle lithium-ion batteries for RVs, marine vessels, off-grid installations, and other storage applications.

0 USD

DFLI

Overvalued 100.00%

Sunrise New Energy Co., Ltd. engages in the manufacture and sale of graphite anode material for EVs and other lithium-ion batteries.

0 USD

EPOW

Overvalued 100.00%

6. Ownership

Insider Ownership Polar Power, Inc.

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
2 years ago Dec 06, 2021	Sell 22 K USD	Albrecht Keith Director	- 4633	4.75 USD
2 years ago Dec 03, 2021	Sell 23.2 K USD	Albrecht Keith Director	- 5000	4.65 USD
2 years ago Dec 03, 2021	Sell 23.3 K USD	Albrecht Keith Director	- 5000	4.6601 USD
2 years ago Dec 03, 2021	Sell 1.67 K USD	Albrecht Keith Director	- 367	4.55 USD
2 years ago Dec 03, 2021	Sell 16.7 K USD	Albrecht Keith Director	- 3714	4.5 USD
2 years ago Dec 03, 2021	Sell 10.9 K USD	Albrecht Keith Director	- 2300	4.72 USD
3 years ago May 18, 2021	Sell 23.5 K USD	Albrecht Keith Director	- 2320	10.15 USD
6 years ago Nov 09, 2018	Sell 9 K USD	Sams Arthur D. President, CEO and Secretary	- 1500	6 USD

7. News

Polar Power Announces Reverse Stock Split GARDENA, CA, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA) (“Polar Power”), a global provider of prime, backup, solar hybrid power, and microgrid solutions, today announced that it intends to effect a reverse stock split of its common stock at a ratio of 1 post-split share for every 7 pre-split shares. The Company's common stock will continue to be traded on the Nasdaq Capital Market under the symbol “POLA” and will begin trading on a split-adjusted basis when the market opens on November 19, 2024. The reverse stock split is primarily intended to enable the Company to regain compliance with the $1.00 minimum bid price required for continued listing on The Nasdaq Capital Market. The new CUSIP number for the Company's common stock following the reverse stock split will be 73102V204. globenewswire.com - 1 day ago

Polar Power Announces Preliminary 2024 Third Quarter Financial Results: Expected Net Sales of $4.7 - $5.2 Million and Gross Margin of 26%-32% GARDENA, CA, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid power solutions, today announces preliminary third quarter net sales between $4.7 million and $5.2 million, representing growth of 147% to 174%, gross margin in the range of 26% to 32%, and breakeven net earnings. globenewswire.com - 2 weeks ago

Polar Power Announces Participation in the LD Micro Main Event XVII Presentation on Tuesday, October 29th at 0430 PM PT Gardena, California--(Newsfile Corp. - October 16, 2024) - Polar Power (NASDAQ: POLA), a global provider of prime, backup, solar hybrid power, and microgrid solutions, announced today that it will be presenting at the 17th annual Main Event on Tuesday, October 29th at 0430 PM PT at the Luxe Sunset Boulevard Hotel. Arthur Sams, CEO, will be representing the company. newsfilecorp.com - 1 month ago

Polar Power Announces Preliminary Second Quarter 2024 Corporate and Financial Update Anticipated sales in range of $4.5-$5.0 million, backlog of approximately $5.5 million as of June 30, 2024 globenewswire.com - 4 months ago

U.K. Top 40 Quality Dividend Stocks: Summer 2024 Unfortunately, UK investors have had to suffer weak or negative capital gains in recent years to get those high yields. The good news is that the UK remains an attractive market for dividend investors. Don't forget that companies usually retain some of their earnings to fund expansion and growth, so dividends have (on average) grown ahead of inflation over the medium and long term,. seekingalpha.com - 4 months ago

Polar Power Reports First Quarter 2024 Financial Results GARDENA, CA, May 15, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid DC power solutions, reports its financial results for the first quarter of 2024. globenewswire.com - 6 months ago

Polar Power Reports Full Year and Fourth Quarter 2023 Financial Results GARDENA, CA, April 01, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid DC power solutions, reports its financial results for the three months and full year ended December 31, 2023. globenewswire.com - 7 months ago

Polar Power Announces $5.1 Million in New Bookings to Date in Q1 2024 Additional $2.5 Million in New Bookings includes International Military and Telecom Customers Choosing Polar Power's Unique Power Technology Platforms globenewswire.com - 8 months ago

Polar Power to Participate in 36th Annual Roth Conference March 17-19, 2024 GARDENA, CA, March 07, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid power solutions, announces it will participate in the 36th Annual Roth Conference, being held at the Ritz Carlton Hotel in Dana Point, California, March 17-19, 2024. globenewswire.com - 8 months ago

United Nations High Commissioner for Refugees Awards Polar Power Initial Contract to Assure Uninterrupted Quality Electric Power for African Offices Pilot program designed to showcase the provision of reliable, easily maintained, and cost-effective electric power in bad or no grid locations globenewswire.com - 10 months ago

Polar Power, Inc. Announces Closing of Public Offering Gardena, CA, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Polar Power, Inc. (Nasdaq: POLA) (“Polar Power” or the “Company”), a technology company that designs, manufactures and sells direct current, or DC, power systems, lithium battery powered hybrid solar systems for applications in the telecommunications market and, in other markets, including military, EV charging, cogeneration, distributed power and uninterruptable power supply, today announced the closing of its previously announced public offering of 4,600,000 shares of its common stock at a public offering price of $0.40 per share, which include 600,000 shares sold upon full exercise of the underwriter's option to purchase additional shares, for gross proceeds of $1,840,000, before deducting underwriting discounts and offering expenses. globenewswire.com - 11 months ago

Why Is Polar Power (POLA) Stock Down 51% Today? Polar Power (NASDAQ: POLA ) stock is taking a beating on Friday after the company priced a public offering of its shares. The public offering reveals that the power generator company is selling 4 million shares of POLA stock at a price of 40 cents each. investorplace.com - 11 months ago

8. Profile Summary

Polar Power, Inc. POLA

COUNTRY US

INDUSTRY Electrical Equipment & Parts

MARKET CAP $ 8.08 M

Dividend Yield 0.00%

Description Polar Power, Inc. designs, manufactures, and sells direct current (DC) power generators, renewable energy, and cooling systems in the United States and internationally. The company offers DC base power systems, DC hybrid power systems, DC solar hybrid power systems, and mobile power systems. Its DC power systems are available in diesel, natural gas, LPG/propane, and renewable fuel formats. The company serves customers in the telecommunications, military, commercial, industrial, and marine markets. It sells its products through a direct sales force, and a network of independent service providers and dealers. The company was formerly known as Polar Products, Inc. and changed its name to Polar Power, Inc. in October 1991. Polar Power, Inc. was incorporated in 1979 and is based in Gardena, California.

Contact 249 East Gardena Boulevard, Gardena, CA, 90248 https://www.polarpower.com

IPO Date Dec. 7, 2016

Employees 87

Officers Mr. Arthur D. Sams Chairman, President, Chief Executive Officer & Secretary Mr. Luis Zavala Chief Financial Officer Mr. Balwinder Samra Executive Vice President Mr. Nilesh Singh Regional Managing Director - Asia Pacific

Price Chart POLA

Polar Power, Inc. POLA

Premium Plan

Unlimited Plan