Symbols / POLA $1.78 +7.23% Polar Power, Inc.

Industrials • Electrical Equipment & Parts • United States • NCM
POLA Chart
About

Polar Power, Inc. designs, manufactures, and sells direct current (DC) power generators, renewable energy, and cooling systems in the United States, Canada, Australia, the South Pacific Islands, Asia, Europe, the Middle East, the United Kingdom, and South Africa. The company offers DC base power systems, DC hybrid power systems, DC solar hybrid power systems that are available in diesel, natural gas, LPG/propane, and renewable fuel formats; and mobile power systems. It also provides global network management, aftermarket and service parts, and product and warranty services. The company serves telecommunications, military, commercial, industrial, and marine markets. It sells its products through a direct sales force, and 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.

Fundamentals
Scroll to Statements
Sector Industrials Industry Electrical Equipment & P Market Cap 4.77M
Enterprise Value 10.73M Income -8.67M Sales 8.33M
Book/sh 1.15 Cash/sh 0.00 Dividend Yield —
Payout 0.00% Employees 82 IPO —
P/E — Forward P/E -8.09 PEG —
P/S 0.57 P/B 1.54 P/C —
EV/EBITDA -1.44 EV/Sales 1.29 Quick Ratio 0.09
Current Ratio 1.25 Debt/Eq 206.93 LT Debt/Eq —
EPS (ttm) -3.45 EPS next Y -0.22 EPS Growth —
Revenue Growth -74.10% Earnings 2021-11-15 16:00 ROA -28.30%
ROE -119.92% ROIC — Gross Margin -30.64%
Oper. Margin -268.81% Profit Margin -104.13% Shs Outstand 2.68M
Shs Float 1.85M Short Float 53.16% Short Ratio 0.39
Short Interest — 52W High 5.75 52W Low 1.31
Beta 1.17 Avg Volume 2.70M Volume 496.39K
Target Price — Recom None Prev Close $1.66
Price $1.78 Change 7.23%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.78
Latest analyst target
3. DCF / Fair value
$15.93
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.78
Low
—
High
—
Mean
—
News
RSS: Latest POLA news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2025-01-30 ALBRECHT KEITH Director — 2,679 $2.93 $7,849
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Revenue
13.97
-8.65%
15.29
-4.75%
16.06
-4.97%
16.90
Operating Revenue
13.97
-8.65%
15.29
-4.75%
16.06
-4.97%
16.90
Cost Of Revenue
12.66
-13.30%
14.60
+4.79%
13.93
+3.57%
13.45
Reconciled Cost Of Revenue
12.66
-13.30%
14.60
+4.79%
13.93
+3.57%
13.45
Gross Profit
1.31
+89.06%
0.69
-67.29%
2.12
-38.32%
3.44
Operating Expense
5.69
-14.90%
6.68
-12.71%
7.66
+17.04%
6.54
Research And Development
0.77
-36.91%
1.22
-16.30%
1.46
-26.49%
1.99
Selling General And Administration
4.92
-9.98%
5.46
-11.86%
6.20
+36.01%
4.56
Selling And Marketing Expense
1.01
-13.82%
1.17
-20.33%
1.47
-1.14%
1.49
General And Administrative Expense
3.91
-8.93%
4.29
-9.22%
4.73
+54.02%
3.07
Other Gand A
3.91
-8.93%
4.29
-9.22%
4.73
+54.02%
3.07
Total Expenses
18.34
-13.80%
21.28
-1.42%
21.59
+7.98%
19.99
Operating Income
-4.38
+26.96%
-5.99
-8.26%
-5.53
-78.60%
-3.10
Total Operating Income As Reported
-4.38
+26.96%
-5.99
-8.26%
-5.53
-78.60%
-3.10
EBITDA
-3.86
+31.08%
-5.60
-11.62%
-5.02
-523.48%
-0.81
Normalized EBITDA
-3.86
+31.08%
-5.60
-11.62%
-5.02
-523.48%
-0.81
Reconciled Depreciation
0.17
-56.85%
0.39
-23.67%
0.51
-7.65%
0.55
EBIT
-4.03
+32.74%
-5.99
-8.38%
-5.53
-308.12%
-1.35
Net Income
-4.68
+28.57%
-6.55
-17.26%
-5.58
-294.91%
-1.41
Pretax Income
-4.68
+28.57%
-6.55
-17.26%
-5.58
-294.91%
-1.41
Net Non Operating Interest Income Expense
-0.43
+23.43%
-0.56
-863.79%
-0.06
+3.33%
-0.06
Interest Expense Non Operating
0.65
+16.10%
0.56
+863.79%
0.06
-3.33%
0.06
Net Interest Income
-0.43
+23.43%
-0.56
-863.79%
-0.06
+3.33%
-0.06
Interest Expense
0.65
+16.10%
0.56
+863.79%
0.06
-3.33%
0.06
Interest Income Non Operating
0.22
0.00
—
—
Interest Income
0.22
0.00
—
—
Other Income Expense
0.13
+12500.00%
0.00
-85.71%
0.01
-99.60%
1.74
Other Non Operating Income Expenses
0.13
+12500.00%
0.00
-85.71%
0.01
-99.60%
1.74
Tax Provision
—
—
—
0.00
Tax Rate For Calcs
0.00
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-4.68
+28.57%
-6.55
-17.26%
-5.58
-294.91%
-1.41
Net Income From Continuing Operation Net Minority Interest
-4.68
+28.57%
-6.55
-17.26%
-5.58
-294.91%
-1.41
Net Income From Continuing And Discontinued Operation
-4.68
+28.57%
-6.55
-17.26%
-5.58
-294.91%
-1.41
Net Income Continuous Operations
-4.68
+28.57%
-6.55
-17.26%
-5.58
-294.91%
-1.41
Normalized Income
-4.68
+28.57%
-6.55
-17.26%
-5.58
-294.91%
-1.41
Net Income Common Stockholders
-4.68
+28.57%
-6.55
-17.26%
-5.58
-294.91%
-1.41
Diluted EPS
-1.86
+46.09%
-3.45
-14.62%
-3.01
-290.91%
-0.77
Basic EPS
-1.86
+46.09%
-3.45
-14.62%
-3.01
-290.91%
-0.77
Basic Average Shares
2.51
+32.13%
1.90
+3.21%
1.84
+1.24%
1.82
Diluted Average Shares
2.51
+32.13%
1.90
+3.21%
1.84
+1.24%
1.82
Diluted NI Availto Com Stockholders
-4.68
+28.57%
-6.55
-17.26%
-5.58
-294.91%
-1.41
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Assets
17.55
-30.54%
25.26
+4.43%
24.19
-11.01%
27.18
Current Assets
15.60
-29.07%
21.99
-5.70%
23.32
-7.30%
25.15
Cash Cash Equivalents And Short Term Investments
0.50
-9.29%
0.55
+160.19%
0.21
-95.86%
5.10
Cash And Cash Equivalents
0.50
-9.29%
0.55
+160.19%
0.21
-95.86%
5.10
Cash Financial
0.50
-9.29%
0.55
+160.19%
0.21
-95.86%
5.10
Receivables
2.15
-51.76%
4.46
-11.04%
5.02
-28.63%
7.03
Accounts Receivable
2.15
+28.46%
1.68
-24.84%
2.23
-47.44%
4.24
Other Receivables
—
2.00
+0.00%
2.00
+0.00%
2.00
Taxes Receivable
0.00
-100.00%
0.79
+0.00%
0.79
+0.00%
0.79
Inventory
12.89
-21.96%
16.52
+6.87%
15.46
+71.45%
9.02
Raw Materials
11.90
-16.84%
14.31
+16.58%
12.28
+85.82%
6.61
Finished Goods
0.99
-55.14%
2.21
-30.60%
3.18
+32.07%
2.41
Prepaid Assets
0.05
-88.35%
0.46
-82.69%
2.63
-34.37%
4.01
Total Non Current Assets
1.95
-40.40%
3.27
+275.43%
0.87
-57.01%
2.03
Net PPE
1.84
-41.78%
3.16
+306.43%
0.78
-59.75%
1.93
Gross PPE
8.09
+0.20%
8.07
+13.42%
7.12
+0.31%
7.09
Accumulated Depreciation
-6.25
-27.23%
-4.91
+22.54%
-6.34
-22.80%
-5.16
Properties
0.00
0.00
0.00
0.00
Buildings And Improvements
—
3.58
+27.01%
2.82
+0.00%
2.82
Machinery Furniture Equipment
4.12
+0.44%
4.10
+4.96%
3.91
+0.57%
3.89
Other Properties
3.58
-0.06%
3.58
+27.01%
2.82
-17.66%
3.42
Leases
0.39
+0.00%
0.39
+0.00%
0.39
+0.00%
0.39
Non Current Prepaid Assets
0.11
+0.00%
0.11
+16.13%
0.09
+0.00%
0.09
Total Liabilities Net Minority Interest
9.03
-25.15%
12.07
+100.93%
6.01
+52.85%
3.93
Current Liabilities
8.56
-16.19%
10.21
+71.66%
5.95
+75.31%
3.39
Payables And Accrued Expenses
1.51
-48.23%
2.91
+99.38%
1.46
-4.76%
1.53
Payables
0.41
-76.84%
1.76
+666.09%
0.23
-29.88%
0.33
Accounts Payable
0.41
-76.84%
1.76
+666.09%
0.23
-29.88%
0.33
Current Accrued Expenses
1.10
-4.43%
1.15
-6.50%
1.23
+2.07%
1.21
Current Debt And Capital Lease Obligation
6.45
+13.41%
5.68
+140.50%
2.36
+145.38%
0.96
Current Debt
5.06
+11.06%
4.56
+117.61%
2.10
+765.70%
0.24
Other Current Borrowings
—
0.06
-69.67%
0.21
-12.81%
0.24
Current Capital Lease Obligation
1.38
+22.95%
1.12
+319.40%
0.27
-62.83%
0.72
Current Deferred Liabilities
0.61
-62.48%
1.62
-23.89%
2.13
+137.01%
0.90
Current Deferred Revenue
0.61
-62.48%
1.62
-23.89%
2.13
+137.01%
0.90
Total Non Current Liabilities Net Minority Interest
0.47
-74.46%
1.86
+3156.14%
0.06
-89.37%
0.54
Long Term Debt And Capital Lease Obligation
0.47
-74.46%
1.86
+3156.14%
0.06
-89.37%
0.54
Long Term Debt
—
—
0.06
-78.73%
0.27
Long Term Capital Lease Obligation
0.47
-74.46%
1.86
0.00
-100.00%
0.27
Stockholders Equity
8.51
-35.46%
13.19
-27.46%
18.18
-21.80%
23.25
Common Stock Equity
8.51
-35.46%
13.19
-27.46%
18.18
-21.80%
23.25
Capital Stock
0.00
+0.00%
0.00
+100.00%
0.00
+0.00%
0.00
Common Stock
0.00
+0.00%
0.00
+100.00%
0.00
+0.00%
0.00
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
2.51
+0.00%
2.51
+35.57%
1.85
+1.26%
1.83
Ordinary Shares Number
2.51
+0.00%
2.51
+35.62%
1.85
+1.26%
1.83
Treasury Shares Number
0.00
+0.04%
0.00
+0.00%
0.00
+0.00%
0.00
Additional Paid In Capital
38.89
+0.00%
38.89
+4.17%
37.33
+1.40%
36.82
Retained Earnings
-30.34
-18.23%
-25.66
-34.26%
-19.11
-41.28%
-13.53
Treasury Stock
0.04
+0.00%
0.04
+0.00%
0.04
+0.00%
0.04
Total Equity Gross Minority Interest
8.51
-35.46%
13.19
-27.46%
18.18
-21.80%
23.25
Total Capitalization
8.51
-35.46%
13.19
-27.68%
18.24
-22.45%
23.52
Working Capital
7.04
-40.24%
11.78
-32.20%
17.37
-20.19%
21.76
Invested Capital
13.57
-23.51%
17.75
-12.71%
20.33
-14.42%
23.76
Total Debt
6.92
-8.22%
7.54
+211.53%
2.42
+61.44%
1.50
Net Debt
4.57
+13.84%
4.01
+106.59%
1.94
—
Capital Lease Obligations
1.86
-37.72%
2.98
+1011.94%
0.27
-72.90%
0.99
Net Tangible Assets
8.51
-35.46%
13.19
-27.46%
18.18
-21.80%
23.25
Tangible Book Value
8.51
-35.46%
13.19
-27.46%
18.18
-21.80%
23.25
Current Notes Payable
0.27
-17.13%
0.32
+52.13%
0.21
-12.81%
0.24
Line Of Credit
4.80
+13.19%
4.24
+124.95%
1.88
0.00
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow
-0.54
+84.37%
-3.43
+47.29%
-6.51
+30.63%
-9.38
Cash Flow From Continuing Operating Activities
-0.54
+84.37%
-3.43
+47.29%
-6.51
+30.63%
-9.38
Net Income From Continuing Operations
-4.68
+28.57%
-6.55
-17.26%
-5.58
-294.91%
-1.41
Depreciation Amortization Depletion
0.17
-56.85%
0.39
-23.67%
0.51
-7.65%
0.55
Depreciation And Amortization
0.17
-56.85%
0.39
-23.67%
0.51
-7.65%
0.55
Other Non Cash Items
—
—
—
-4.00
Stock Based Compensation
—
0.00
-100.00%
0.52
0.00
Asset Impairment Charge
0.90
+100.00%
0.45
0.00
0.00
Operating Gains Losses
—
—
—
-1.72
Change In Working Capital
3.07
+34.77%
2.28
+217.28%
-1.95
+71.40%
-6.80
Change In Receivables
2.31
+316.97%
0.55
-72.48%
2.01
+157.81%
-3.48
Changes In Account Receivables
-0.48
-186.10%
0.55
-72.48%
2.01
+165.96%
-3.05
Change In Inventory
2.73
+280.49%
-1.51
+76.53%
-6.44
-8467.53%
0.08
Change In Prepaid Assets
0.40
-81.38%
2.16
+56.79%
1.38
+137.75%
-3.65
Change In Payables And Accrued Expense
-1.41
-196.76%
1.45
+2089.04%
-0.07
-190.12%
0.08
Change In Accrued Expense
-0.05
+36.25%
-0.08
-420.00%
0.03
-61.54%
0.07
Change In Payable
-1.35
-188.38%
1.53
+1663.27%
-0.10
-712.50%
0.02
Change In Account Payable
-1.35
-188.38%
1.53
+1663.27%
-0.10
-712.50%
0.02
Change In Other Working Capital
-1.01
-99.02%
-0.51
-141.33%
1.23
+45.79%
0.84
Change In Other Current Assets
1.17
+17.30%
1.00
+48.37%
0.67
—
Change In Other Current Liabilities
-1.12
-30.09%
-0.86
-19.67%
-0.72
-7.60%
-0.67
Investing Cash Flow
-0.02
+90.21%
-0.19
-676.00%
-0.03
+64.79%
-0.07
Cash Flow From Continuing Investing Activities
-0.02
+90.21%
-0.19
-676.00%
-0.03
+64.79%
-0.07
Net PPE Purchase And Sale
-0.02
+90.21%
-0.19
-676.00%
-0.03
+64.79%
-0.07
Purchase Of PPE
-0.02
+90.21%
-0.19
-676.00%
-0.03
+64.79%
-0.07
Capital Expenditure
-0.02
+90.21%
-0.19
-676.00%
-0.03
+64.79%
-0.07
Financing Cash Flow
0.50
-87.28%
3.96
+141.29%
1.64
-87.28%
12.91
Cash Flow From Continuing Financing Activities
0.50
-87.28%
3.96
+141.29%
1.64
-87.28%
12.91
Net Issuance Payments Of Debt
0.50
-79.05%
2.41
+46.53%
1.64
+714.98%
-0.27
Issuance Of Debt
0.57
-78.25%
2.61
+38.59%
1.88
0.00
Repayment Of Debt
-0.06
+68.78%
-0.20
+15.29%
-0.24
+9.36%
-0.27
Long Term Debt Issuance
—
0.26
0.00
0.00
Long Term Debt Payments
—
-0.20
+15.29%
-0.24
+9.36%
-0.27
Net Long Term Debt Issuance
—
0.05
+121.49%
-0.24
+9.36%
-0.27
Short Term Debt Issuance
0.57
-78.25%
2.61
+38.59%
1.88
0.00
Short Term Debt Payments
-0.06
+68.78%
-0.20
—
0.00
Net Short Term Debt Issuance
0.50
-79.05%
2.41
+27.71%
1.88
0.00
Net Common Stock Issuance
0.00
-100.00%
1.56
0.00
-100.00%
12.47
Proceeds From Stock Option Exercised
—
—
0.00
-100.00%
0.71
Changes In Cash
-0.05
-115.09%
0.34
+106.91%
-4.89
-241.53%
3.46
Beginning Cash Position
0.55
+160.19%
0.21
-95.86%
5.10
+209.90%
1.65
End Cash Position
0.50
-9.29%
0.55
+160.19%
0.21
-95.86%
5.10
Free Cash Flow
-0.56
+84.69%
-3.62
+44.52%
-6.53
+30.89%
-9.45
Common Stock Issuance
0.00
-100.00%
1.56
0.00
-100.00%
12.47
Issuance Of Capital Stock
0.00
-100.00%
1.56
0.00
-100.00%
12.47
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category