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POLA

POLA - Polar Power Inc Stock Price, Fair Value and News

0.57USD-0.05 (-8.06%)Delayed as of 28 Mar 2024, 03:00 pm ET

Market Summary

POLA
USD0.57-0.05
Delayedas of 28 Mar 2024, 03:00 pm
-8.06%

POLA Stock Price

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POLA RSI Chart

POLA Valuation

Market Cap

8.0M

Price/Earnings (Trailing)

-1.7

Price/Sales (Trailing)

0.45

EV/EBITDA

-7.83

Price/Free Cashflow

-0.97

POLA Price/Sales (Trailing)

POLA Profitability

Operating Margin

2.81%

EBT Margin

-7.83%

Return on Equity

-32.03%

Return on Assets

-16.68%

Free Cashflow Yield

-103.22%

POLA Fundamentals

POLA Revenue

Revenue (TTM)

18.1M

Rev. Growth (Yr)

11.95%

Rev. Growth (Qtr)

-65.8%

POLA Earnings

Earnings (TTM)

-4.7M

Earnings Growth (Yr)

22.55%

Earnings Growth (Qtr)

-322.94%

Breaking Down POLA Revenue

52 Week Range

0.63
(Low)(High)

Last 30 days

18.0%

Last 90 days

9.5%

Trailing 12 Months

-67.1%

How does POLA drawdown profile look like?

POLA Financial Health

Current Ratio

2.16

POLA Investor Care

Shares Dilution (1Y)

0.09%

Diluted EPS (TTM)

-0.24

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202316.5M17.9M18.1M0
202217.3M16.7M14.3M16.1M
20219.5M13.2M14.8M16.9M
202019.9M11.8M7.4M9.0M
201926.9M30.3M32.2M24.8M
201814.3M17.7M19.7M24.0M
201724.4M22.1M17.7M14.4M
201600022.8M

Tracking the Latest Insider Buys and Sells of Polar Power Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Aug 22, 2022
sams arthur d.
acquired
-
-
16,924
president, ceo, secretary
Aug 22, 2022
zavala luis
acquired
-
-
10,770
chief financial officer
Dec 06, 2021
albrecht keith
sold
-22,006
4.75
-4,633
-
Dec 03, 2021
albrecht keith
sold
-75,789
4.62666
-16,381
-
May 18, 2021
albrecht keith
sold
-23,548
10.15
-2,320
-
Nov 09, 2018
sams arthur d.
sold
-9,000
6.00
-1,500
president, ceo and secretary

1–6 of 6

Which funds bought or sold POLA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 11, 2024
VANGUARD GROUP INC
unchanged
-
-165,983
96,207
-%
Feb 14, 2024
STATE STREET CORP
unchanged
-
-22,200
12,822
-%
Feb 14, 2024
BANK OF AMERICA CORP /DE/
reduced
-89.07
-3,060
128
-%
Feb 14, 2024
TWO SIGMA SECURITIES, LLC
new
-
4,614
4,614
-%
Feb 14, 2024
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC
sold off
-100
-28,749
-
-%
Feb 14, 2024
Royal Bank of Canada
reduced
-17.24
-
-
-%
Feb 13, 2024
GEODE CAPITAL MANAGEMENT, LLC
unchanged
-
-44,304
25,588
-%
Feb 13, 2024
MORGAN STANLEY
unchanged
-
-694
402
-%
Feb 13, 2024
FMR LLC
added
1,146
52.00
66.00
-%
Feb 13, 2024
Qube Research & Technologies Ltd
unchanged
-
-36.00
20.00
-%

1–10 of 23

Are Funds Buying or Selling POLA?

Are funds buying POLA calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own POLA
No. of Funds

Unveiling Polar Power Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
lind global fund ii lp
0.2%
27,421
SC 13G/A
Jan 04, 2024
bard associates inc
16.0%
2,806,023
SC 13G
Feb 14, 2023
sams arthur d.
43.4%
5,643,600
SC 13G/A

Recent SEC filings of Polar Power Inc

View All Filings
Date Filed Form Type Document
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 02, 2024
EFFECT
EFFECT
Jan 31, 2024
UPLOAD
UPLOAD
Jan 31, 2024
CORRESP
CORRESP
Jan 26, 2024
S-3
S-3
Jan 08, 2024
8-K
Current Report
Jan 04, 2024
SC 13G
Major Ownership Report
Dec 20, 2023
DEFA14A
DEFA14A
Dec 20, 2023
8-K
Current Report

Peers (Alternatives to Polar Power Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
51.8B
22.1B
7.15% 25.00%
36
2.35
8.21% -59.82%
25.6B
17.1B
14.55% 139.45%
16.61
1.5
-24.77% -43.97%
22.2B
5.4B
16.45% 65.13%
29.21
4.13
8.59% 39.18%
18.6B
4.8B
13.19% 52.81%
24.18
3.83
-14.85% -16.95%
14.7B
4.2B
3.26% 49.17%
26.93
3.5
11.44% 15.46%
MID-CAP
8.2B
3.9B
11.56% 36.07%
22.19
2.12
-4.63% 0.11%
7.1B
1.2B
2.55% 45.17%
39.81
6.05
31.47% 76.96%
6.8B
3.5B
28.13% 29.03%
10.45
1.96
-10.84% -25.77%
3.8B
1.7B
-6.05% 3.38%
29.68
2.3
-10.27% -35.75%
2.3B
891.3M
-13.89% -73.04%
-1.71
2.63
27.07% -89.06%
SMALL-CAP
1.3B
1.4B
8.67% 31.42%
12.54
0.93
-1.78% 53.96%
533.5M
1.8B
-14.00% -1.13%
-24.47
0.29
-5.89% -65.15%
527.4M
130.3M
24.34% 1.75%
7.87
4.05
54.06% 153.62%
524.2M
103.0M
-17.39% -64.52%
-5.25
5.09
-24.12% 4.49%
73.5M
61.2M
24.21% 66.33%
17.54
1.2
-1.21% 27.64%

Polar Power Inc News

Latest updates
TradingView • 25 Mar 2024 • 06:22 am
Defense World • 23 Mar 2024 • 06:16 am
Investing.com • 12 Mar 2024 • 07:00 am
InvestorPlace • 10 months ago
StockNews.com • 11 months ago

Polar Power Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-65.8%1,911,0005,587,0004,190,0006,366,0001,707,0004,274,0003,709,0004,623,0004,136,0004,847,0003,290,0002,543,5002,501,0001,126,0002,860,000878,5166,939,3189,236,0007,747,0008,297,5095,061,158
Cost Of Revenue---------------3,020,0003,545,0464,707,4126,274,4045,355,0005,941,8673,530,847
Gross Profit-107.3%-108,0001,475,000755,000406,000-247,0001,061,000905,0001,570,000966,000967,000-58,000-2,053,000-2,699,000-711,000-160,000-2,667,0002,232,0002,962,0002,392,0002,355,6421,530,311
Operating Expenses-12.3%1,565,0001,785,0001,790,0001,731,0002,129,0001,786,0002,012,0001,143,0001,728,0001,832,0001,840,0001,582,5002,014,0001,584,0002,160,0002,009,5002,189,0002,389,0002,313,0002,601,4172,294,267
  S&GA Expenses-11.6%274,000310,000333,000337,500328,000400,000405,000369,000372,000379,000368,000260,000445,000312,000539,000588,500707,000695,000630,000611,305717,983
  R&D Expenses-11.5%299,000338,000346,000315,000319,000350,000476,000500,500533,000463,000490,000414,500489,000368,000451,000626,500546,000541,000562,000535,829571,300
EBITDA Margin17.7%-0.03-0.04-0.05-0.05-0.06-0.05-0.05-0.05-0.33-0.80-1.26-1.37-1.81--------
Interest Expenses35.7%171,000126,00078,00019,00012,00014,00013,00014,50014,00015,00016,00014,00011,00014,00021,00068,50014,00010,00011,00011,9892,777
Income Taxes---------------4,277,0002,138,000----328,118-
Earnings Before Taxes--------413,000942,000-866,000-1,903,000-3,649,500-4,723,000-2,298,000-2,339,000-4,731,00048,000567,00071,000-210,774-757,117
EBT Margin1.1%-0.08-0.08-0.09-0.09-0.10-0.08-0.08-0.08-0.37-0.85-1.33-1.44-1.91--------
Net Income-322.9%-1,844,000-436,000-1,113,000-1,344,000-2,381,000-739,000-1,120,000413,000942,000-866,000-1,903,000-3,649,000-4,723,000-2,298,000-201,000-4,731,00048,000567,00071,0004,226-757,117
Net Income Margin11.2%-0.26-0.30-0.34-0.35-0.27-0.03-0.04-0.08-0.37-0.85-1.33-1.20-1.62--------
Free Cashflow83.0%-280,000-1,648,000-1,156,000-1,975,000-2,231,000-1,471,000-855,000-2,547,000-786,000-2,777,000-3,408,000-423,000-2,507,000--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets0.3%28.0028.0028.0024.0025.0027.0026.0027.0027.0028.0029.0018.0021.0023.0023.0024.0029.0030.0029.0025.0025.00
  Current Assets-3.0%25.0026.0025.0023.0024.0026.0024.0025.0025.0026.0026.0015.0017.0018.0019.0019.0024.0025.0024.0023.0023.00
    Cash Equivalents1.4%0.000.000.000.000.003.004.005.008.009.0011.002.002.001.001.003.004.005.004.006.0011.00
  Inventory8.3%19.0018.0017.0015.0016.0012.0010.009.009.008.009.009.0011.0014.0014.0014.0014.0012.0010.008.007.00
  Net PPE-16.2%0.001.000.001.001.001.001.001.001.001.001.001.002.002.002.002.002.002.002.002.001.00
Liabilities16.5%14.0012.0011.006.006.006.004.004.004.006.006.006.007.007.005.005.006.006.007.003.002.00
  Current Liabilities12.8%11.0010.009.006.006.006.004.003.003.005.005.005.003.003.003.003.003.004.004.002.002.00
Shareholder's Equity-11.1%15.0017.0017.0018.0020.0021.0022.0023.0023.0022.0023.0011.0015.0016.0018.0018.0023.0023.0023.0022.0022.00
  Retained Earnings-8.9%-22.50-20.66-20.22-19.11-17.77-15.39-14.65-13.53-13.94-14.88-14.02-12.11-8.46-3.74-1.44-1.243.003.003.003.003.00
  Additional Paid-In Capital0%37.0037.0037.0037.0037.0037.0037.0037.0037.0037.0037.0024.0023.0020.0020.0020.0020.0020.0020.0020.0019.00
Shares Outstanding0%13.0013.0013.0013.0013.0013.0013.0013.0013.0013.0013.0012.0011.00--------
Float------19.00---66.00---19.00---16.00---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations83.0%-280-1,648-1,156-1,975-2,221-1,464-847-2,490-759-2,750-3,381-396-2,480-1,805-1,867-678-1,5512,040-1,978-4,545-1,008
  Share Based Compensation-----515----------------
Cashflow From Investing------10.00-7.00-8.00-57.00----16.00-11.00-8.00-27.00-135-97.00-79.00-365-70.18
Cashflow From Financing-85.9%2842,0151,0641,823-62.00-59.00-60.00-58.00-59.00-70.0013,093-13.003,8351,633-82.00-121-79.00-46.00-49.00-56.03-27.79

POLA Income Statement

2023-09-30
Condensed Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]    
Net Sales$ 1,911$ 1,707$ 11,688$ 9,690
Cost of Sales2,0191,9549,5667,971
Gross profit (loss)(108)(247)2,1221,719
Operating Expenses    
Sales and marketing2743289171,134
Research and development2993199831,145
General and administrative9921,4823,2403,648
Total operating expenses1,5652,1295,1405,927
Loss from operations(1,673)(2,376)(3,018)(4,208)
Other income (expenses)    
Interest expense and finance costs(171)(12)(375)(39)
Other income (expense), net77
Total other income (expenses), net(171)(5)(375)(32)
Net loss$ (1,844)$ (2,381)$ (3,393)$ (4,240)
Net loss per share, basic$ (0.14)$ (0.19)$ (0.26)$ (0.33)
Net loss per share, diluted$ (0.14)$ (0.19)$ (0.26)$ (0.33)
Weighted average shares outstanding, basic12,949,55012,848,46612,949,55012,967,027
Weighted average shares outstanding, diluted12,949,55012,848,46612,949,55012,967,027

POLA Balance Sheet

2023-09-30
Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 296$ 211
Accounts receivable1,5822,230
Inventories, net19,15515,460
Prepaid expenses9422,629
Employee retention credit receivable2,0002,000
Income taxes receivable787787
Total current assets24,76223,317
Other assets:  
Operating lease right-of-use assets, net3,103240
Property and equipment, net423538
Deposits10893
Total assets28,39624,188
Current liabilities  
Accounts payable1,988230
Customer deposits1,7202,126
Accrued liabilities and other current liabilities1,1781,231
Operating lease liabilities, current portion1,045268
Line of credit5,1941,884
Total current liabilities11,4465,950
Notes payable, net of current portion57
Operating lease liabilities, net of current portion2,162
Total liabilities13,6086,007
Commitments and Contingencies
Stockholders’ Equity  
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.0001 par value, 50,000,000 shares authorized, 12,967,027 shares issued and 12,949,550 shares outstanding on September 30, 2023, and 12,967,027 shares issued and 12,949,550 shares outstanding on December 31, 202211
Additional paid-in capital37,33137,331
Accumulated deficit(22,504)(19,111)
Treasury Stock, at cost (17,477 shares)(40)(40)
Total stockholders’ equity14,78818,181
Total liabilities and stockholders’ equity28,39624,188
Related Party [Member]  
Current liabilities  
Notes payable, current portion233
Nonrelated Party [Member]  
Current liabilities  
Notes payable, current portion$ 88$ 211
POLA
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. It serves customers in the telecommunications, military, commercial, industrial, and marine markets. In addition, the company 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.
 CEO
 WEBSITEwww.polarpower.com
 EMPLOYEES113

Polar Power Inc Frequently Asked Questions


What is the ticker symbol for Polar Power Inc? What does POLA stand for in stocks?

POLA is the stock ticker symbol of Polar Power Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Polar Power Inc (POLA)?

As of Wed Mar 27 2024, market cap of Polar Power Inc is 8.04 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of POLA stock?

You can check POLA's fair value in chart for subscribers.

What is the fair value of POLA stock?

You can check POLA's fair value in chart for subscribers. The fair value of Polar Power Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Polar Power Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for POLA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Polar Power Inc a good stock to buy?

The fair value guage provides a quick view whether POLA is over valued or under valued. Whether Polar Power Inc is cheap or expensive depends on the assumptions which impact Polar Power Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for POLA.

What is Polar Power Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Mar 27 2024, POLA's PE ratio (Price to Earnings) is -1.7 and Price to Sales (PS) ratio is 0.45. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. POLA PE ratio will change depending on the future growth rate expectations of investors.