PWR Holdings
Market Cap
AU$470.8m
Last Updated
2021/01/26 07:07 UTC
Data Sources
Company Financials +
Executive Summary
PWR Holdings Limited engages in designing, prototyping, production, testing, validation, and sales of cooling products and solutions in Australia, the United States, the United Kingdom, Italy, Germany, and internationally. More Details
Snowflake Analysis
Flawless balance sheet with high growth potential.
Share Price & News
How has PWR Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PWH is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PWH's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-2.7%
PWH
3.7%
AU Auto Components
2.6%
AU Market
1 Year Return
2.4%
PWH
27.5%
AU Auto Components
-0.4%
AU Market
Return vs Industry: PWH underperformed the Australian Auto Components industry which returned 27.5% over the past year.
Return vs Market: PWH exceeded the Australian Market which returned -0.4% over the past year.
Shareholder returns
| PWH | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.7% | 3.7% | 2.6% |
| 30 Day | 3.3% | 5.8% | 3.4% |
| 90 Day | 1.5% | 5.0% | 14.6% |
| 1 Year | 3.9%2.4% | 29.8%27.5% | 3.0%-0.4% |
| 3 Year | 99.0%86.5% | 67.1%53.5% | 26.6%11.0% |
| 5 Year | 85.7%67.3% | 131.7%103.5% | 67.5%33.9% |
Long-Term Price Volatility Vs. Market
How volatile is PWR Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
How Much Is PWR Holdings Limited (ASX:PWH) Paying Its CEO?2 weeks ago | Simply Wall St
Is PWR Holdings Limited (ASX:PWH) A Smart Pick For Income Investors?4 weeks ago | Simply Wall St
Will Weakness in PWR Holdings Limited's (ASX:PWH) Stock Prove Temporary Given Strong Fundamentals?Valuation
Is PWR Holdings undervalued compared to its fair value and its price relative to the market?
36.04x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PWH (A$4.7) is trading above our estimate of fair value (A$3.07)
Significantly Below Fair Value: PWH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PWH is good value based on its PE Ratio (36x) compared to the AU Auto Components industry average (42x).
PE vs Market: PWH is poor value based on its PE Ratio (36x) compared to the Australian market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: PWH is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: PWH is overvalued based on its PB Ratio (8.7x) compared to the AU Auto Components industry average (4.2x).
Next Steps
Future Growth
How is PWR Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
21.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PWH's forecast earnings growth (21.6% per year) is above the savings rate (2%).
Earnings vs Market: PWH's earnings (21.6% per year) are forecast to grow faster than the Australian market (18.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PWH's revenue (17.5% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: PWH's revenue (17.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PWH's Return on Equity is forecast to be high in 3 years time (28.8%)
Next Steps
Past Performance
How has PWR Holdings performed over the past 5 years?
14.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PWH has a large one-off gain of A$3.6M impacting its June 30 2020 financial results.
Growing Profit Margin: PWH's current net profit margins (19.9%) are lower than last year (21.7%).
Past Earnings Growth Analysis
Earnings Trend: PWH's earnings have grown by 14.3% per year over the past 5 years.
Accelerating Growth: PWH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PWH had negative earnings growth (-8.2%) over the past year, making it difficult to compare to the Auto Components industry average (-25.7%).
Return on Equity
High ROE: PWH's Return on Equity (24.1%) is considered high.
Next Steps
Financial Health
How is PWR Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: PWH's short term assets (A$37.2M) exceed its short term liabilities (A$10.9M).
Long Term Liabilities: PWH's short term assets (A$37.2M) exceed its long term liabilities (A$17.2M).
Debt to Equity History and Analysis
Debt Level: PWH's debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: PWH's debt to equity ratio has reduced from 381.8% to 15.8% over the past 5 years.
Debt Coverage: PWH's debt is well covered by operating cash flow (188.3%).
Interest Coverage: PWH's interest payments on its debt are well covered by EBIT (40.5x coverage).
Balance Sheet
Next Steps
Dividend
What is PWR Holdings's current dividend yield, its reliability and sustainability?
1.26%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PWH's dividend (1.26%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.04%).
High Dividend: PWH's dividend (1.26%) is low compared to the top 25% of dividend payers in the Australian market (5%).
Stability and Growth of Payments
Stable Dividend: PWH has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PWH's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.2%), PWH's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PWH's dividends in 3 years are forecast to be covered by earnings (53.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Kees Weel
17.58yrs
Tenure
AU$643,536
Compensation
Mr. Kees Cornelius Weel has been the Chief Executive Officer, Managing Director and Executive Director of PWR Holdings Limited since June 30, 2003. Mr. Weel has years of experience in the automotive coolin...
CEO Compensation Analysis
Compensation vs Market: Kees's total compensation ($USD495.29K) is about average for companies of similar size in the Australian market ($USD702.21K).
Compensation vs Earnings: Kees's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 17.58yrs | AU$643.54k | 10.04% A$ 47.3m | |
| Chief Financial Officer | 3.17yrs | AU$433.97k | 0.010% A$ 47.0k | |
| Chief Operating Officer | 0.50yr | AU$480.59k | 3.49% A$ 16.5m | |
| Company Secretary | 5.42yrs | no data | no data |
4.3yrs
Average Tenure
Experienced Management: PWH's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 17.58yrs | AU$643.54k | 10.04% A$ 47.3m | |
| Independent Non-Executive Director | 5.42yrs | AU$109.25k | 0.020% A$ 94.0k | |
| Independent Chairman | 3.25yrs | AU$157.25k | 0.039% A$ 185.7k | |
| Independent Non-Executive Director | 3.83yrs | AU$90.25k | 0.061% A$ 286.2k |
4.6yrs
Average Tenure
Experienced Board: PWH's board of directors are considered experienced (4.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
PWR Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: PWR Holdings Limited
- Ticker: PWH
- Exchange: ASX
- Founded: 1987
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: AU$470.845m
- Shares outstanding: 100.18m
- Website: https://www.pwr.com.au
Number of Employees
Location
- PWR Holdings Limited
- 103 Lahrs Road
- Ormeau
- Queensland
- 4208
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PWH | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Nov 2015 |
| PWH | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Nov 2015 |
Biography
PWR Holdings Limited engages in designing, prototyping, production, testing, validation, and sales of cooling products and solutions in Australia, the United States, the United Kingdom, Italy, Germany, and...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 07:07 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.