Hey Sharon, happy that you enjoy the new site.
Polaris is a very interesting company. On one hand, it has some massive growth potential. It's only trading at 11.8 times earnings and has a 5 year PEG of 0.19. We run a 2 year PEG here at Stocktrades, simply because with growth stocks we believe that it's important to track a company's growth over a shorter period of time. But I don't have the two year numbers on PIF because we ended up removing it from our screener for not meeting the market cap requirements. Still, all metrics are pointing to this stock being significantly undervalued.
However, their operations are in third world countries, and as such people are going to be very hesitant investing in the stock. Political instability can wreak havoc on companies, especially ones that are directly involved with the government (energy companies.) The dividend is very generous, and healthy to boot.
Overall, if you can stomach the risk of investing in a small cap stock that operates in regions that are anything but stable, PIF has a ton of upside. I'd expect some significant volatility though.
I don't see Cascades as overvalued. It's recent run up is quite impressive, and it's earnings in early August will play a huge part on where it goes from this price. It's only trading at 12 times forward earnings, a price to book of under 1 and another promising PEG of 0.32.