11 years of historical data (2014–2024) · Industrials · Electrical Equipment & Parts
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Polar Power, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5M | $8M | $37M | $116M | $319M | $362M | $169M | $343M | $356M | $474M | — |
| Enterprise Value | $11M | $14M | $44M | $119M | $315M | $364M | $169M | $339M | $343M | $458M | — |
| P/E Ratio → | -1.02 | — | — | — | — | — | — | — | — | 108.02 | — |
| P/S Ratio | 0.34 | 0.57 | 2.45 | 7.24 | 18.87 | 40.08 | 6.80 | 14.26 | 24.67 | 20.78 | — |
| P/B Ratio | 0.56 | 0.94 | 2.84 | 6.40 | 13.71 | 31.50 | 9.18 | 15.32 | 15.55 | 20.04 | — |
| P/FCF | — | — | — | — | — | — | — | — | — | 1025.88 | — |
| P/OCF | — | — | — | — | — | — | — | — | — | 755.79 | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.03 | 2.90 | 7.38 | 18.65 | 40.35 | 6.82 | 14.08 | 23.77 | 20.09 | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | 60.17 | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | 62.09 | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | 991.48 | — |
Margins and return-on-capital ratios measuring operating efficiency
Polar Power, Inc. earns an operating margin of -31.3%, below the Industrials sector average of 4.9%. Operating margins have expanded from -34.5% to -31.3% over the past 3 years, signaling improving operational efficiency. A negative ROE of -43.1% indicates the company is currently destroying shareholder equity.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 9.4% | 9.4% | 4.5% | 13.2% | 20.4% | -62.3% | 19.8% | 30.9% | 33.6% | 44.7% | 35.2% |
| Operating Margin | -31.3% | -31.3% | -39.2% | -34.5% | -18.3% | -143.6% | -16.1% | -4.6% | -5.0% | 32.5% | 4.5% |
| Net Profit Margin | -33.5% | -33.5% | -42.8% | -34.7% | -19.0% | -120.4% | -16.9% | -3.5% | -5.4% | 19.3% | -0.5% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -43.1% | -43.1% | -41.7% | -26.9% | -18.5% | -72.8% | -20.6% | -3.7% | -3.3% | 34.0% | -1.9% |
| ROA | -21.9% | -21.9% | -26.5% | -21.7% | -14.3% | -52.6% | -17.2% | -3.4% | -3.0% | 28.0% | -0.9% |
| ROIC | -18.7% | -18.7% | -22.1% | -20.7% | -13.8% | -59.1% | -16.2% | -5.9% | -6.1% | 99.4% | 9.1% |
| ROCE | -36.4% | -36.4% | -36.0% | -26.3% | -16.7% | -76.1% | -18.0% | -4.7% | -3.1% | 56.4% | 16.2% |
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $6M ($7M total debt minus $498000 cash).
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.81 | 0.81 | 0.57 | 0.13 | 0.06 | 0.36 | 0.18 | 0.05 | 0.01 | 0.01 | 0.63 |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | 0.05 | 3.16 |
| Net Debt / Equity | — | 0.75 | 0.53 | 0.12 | -0.15 | 0.22 | 0.03 | -0.20 | -0.57 | -0.67 | 0.51 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | -2.09 | 2.57 |
| Debt / FCF | — | — | — | — | — | — | — | — | — | -34.40 | — |
| Interest Coverage | -6.74 | -6.74 | -10.72 | -95.40 | -51.63 | -270.08 | -38.66 | -54.48 | -40.51 | 65.78 | 6.01 |
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.82x means Polar Power, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.32x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 3.92x to 1.82x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.82 | 1.82 | 2.15 | 3.92 | 7.41 | 3.24 | 6.98 | 11.91 | 15.79 | 9.37 | 1.64 |
| Quick Ratio | 0.32 | 0.32 | 0.54 | 1.32 | 4.75 | 1.23 | 1.92 | 7.53 | 12.06 | 7.60 | 0.77 |
| Cash Ratio | 0.06 | 0.06 | 0.05 | 0.04 | 1.50 | 0.36 | 1.03 | 2.92 | 8.83 | 5.93 | 0.11 |
| Asset Turnover | — | 0.80 | 0.61 | 0.66 | 0.62 | 0.51 | 1.05 | 0.95 | 0.59 | 0.86 | 1.43 |
| Inventory Turnover | 0.98 | 0.98 | 0.88 | 0.90 | 1.49 | 1.61 | 1.43 | 1.96 | 1.72 | 2.61 | 2.12 |
| Days Sales Outstanding | — | 56.25 | 106.52 | 114.05 | 151.87 | 143.36 | 13.75 | 128.15 | 93.35 | 70.50 | 79.79 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Polar Power, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | 0.9% | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | 0.1% | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Shares Outstanding | — | $3M | $13M | $13M | $13M | $11M | $10M | $10M | $10M | $8M | $10M |
Compare POLA with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $5M | -1.0 | — | — | 9.4% | -31.3% | -43.1% | -18.7% | — | |
| $16B | 100.2 | 34.7 | 59.0 | 38.3% | 6.9% | 6.2% | 5.9% | 2.8 | |
| $5B | -6.5 | — | — | — | -243100.0% | -41.8% | -89.6% | — | |
| $204M | -14.7 | — | — | 9.6% | -19.0% | -24.5% | -21.7% | — | |
| $10B | 628.6 | 14.3 | 49.0 | 29.2% | 15.2% | 1.3% | 7.4% | 4.0 | |
| $1B | -13.8 | — | — | 2.4% | -80.6% | -14.7% | -68.8% | — | |
| $4B | — | — | — | 99.8% | 38.1% | -175.6% | 10.9% | — | |
| $721M | -1.8 | — | — | -16.7% | -76.6% | -25.8% | -14.0% | — | |
| $418B | 47.7 | 33.5 | 40.6 | 32.3% | 16.6% | 43.5% | 15.9% | 3.2 | |
| $94B | 33.1 | 20.0 | 39.4 | 25.3% | 11.5% | 23.0% | 16.1% | 1.6 | |
| $14B | 34.7 | 19.7 | 108.1 | 68.3% | 16.9% | 7.3% | 6.8% | 1.8 | |
| Industrials Median | — | 25.3 | 13.7 | 20.4 | 32.7% | 4.9% | 8.2% | 6.3% | 3.2 |
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Start ComparisonQuick answers to the most common questions about buying POLA stock.
Polar Power, Inc.'s current P/E ratio is -1.0x. The historical average is 108.0x.
Polar Power, Inc.'s return on equity (ROE) is -43.1%. The historical average is -13.7%.
Based on historical data, Polar Power, Inc. is trading at a P/E of -1.0x. Compare with industry peers and growth rates for a complete picture.
Polar Power, Inc. has 9.4% gross margin and -31.3% operating margin.