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PWH

PWR Holdings ASX:PWH Stock Report

Last Price

AU$8.45

Market Cap

AU$847.5m

7D

1.2%

1Y

14.2%

Updated

07 Aug, 2022

Data

Company Financials +
PWH fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance3/6
Financial Health6/6
Dividends0/6

PWH Stock Overview

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.

Rewards

Earnings are forecast to grow 21.6% per year

Earnings have grown 13.9% per year over the past 5 years

Risk Analysis

No risks detected for PWH from our risk checks.

PWR Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for PWR Holdings
Historical stock prices
Current Share PriceAU$8.45
52 Week HighAU$10.42
52 Week LowAU$5.61
Beta0.71
1 Month Change15.44%
3 Month Change-10.77%
1 Year Change14.19%
3 Year Change96.51%
5 Year Change318.32%
Change since IPO191.38%

Recent News & Updates

Jul 22
Here's Why We Think PWR Holdings (ASX:PWH) Is Well Worth Watching

Here's Why We Think PWR Holdings (ASX:PWH) Is Well Worth Watching

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...

Jul 06
Calculating The Intrinsic Value Of PWR Holdings Limited (ASX:PWH)

Calculating The Intrinsic Value Of PWR Holdings Limited (ASX:PWH)

How far off is PWR Holdings Limited ( ASX:PWH ) from its intrinsic value? Using the most recent financial data, we'll...

Shareholder Returns

PWHAU Auto ComponentsAU Market
7D1.2%-0.7%1.0%
1Y14.2%-24.0%-7.9%

Return vs Industry: PWH exceeded the Australian Auto Components industry which returned -24% over the past year.

Return vs Market: PWH exceeded the Australian Market which returned -7.9% over the past year.

Price Volatility

Is PWH's price volatile compared to industry and market?
PWH volatility
PWH Average Weekly Movement6.3%
Auto Components Industry Average Movement6.7%
Market Average Movement10.6%
10% most volatile stocks in AU Market17.5%
10% least volatile stocks in AU Market4.7%

Stable Share Price: PWH is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: PWH's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1987363Kees Weelhttps://www.pwr.com.au

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. The company operates through two segments, PWR Performance Products and PWR North America. It offers tube and fin heat exchangers, bar and plate heat exchangers, additive manufacturing, liquid cold plates, and micro matrix heat exchangers; and radiators, oil coolers, intercoolers, supercharger heat exchangers, bare cores, fans, and cooling accessories.

PWR Holdings Fundamentals Summary

How do PWR Holdings's earnings and revenue compare to its market cap?
PWH fundamental statistics
Market CapAU$847.50m
Earnings (TTM)AU$17.73m
Revenue (TTM)AU$87.50m

47.8x

P/E Ratio

9.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PWH income statement (TTM)
RevenueAU$87.50m
Cost of RevenueAU$16.62m
Gross ProfitAU$70.89m
Other ExpensesAU$53.16m
EarningsAU$17.73m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Aug 19, 2022

Earnings per share (EPS)0.18
Gross Margin81.01%
Net Profit Margin20.26%
Debt/Equity Ratio0%

How did PWH perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

54%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is PWH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PWH?

Other financial metrics that can be useful for relative valuation.

PWH key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue9.6x
Enterprise Value/EBITDA29.6x
PEG Ratio2.2x

Price to Earnings Ratio vs Peers

How does PWH's PE Ratio compare to its peers?

PWH PE Ratio vs Peers
The above table shows the PE ratio for PWH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average17.6x
GUD GUD Holdings
22.8x16.1%AU$1.2b
ARB ARB
21x-1.8%AU$2.7b
SFC Schaffer
11xn/aAU$245.0m
RPM RPM Automotive Group
15.4xn/aAU$44.5m
PWH PWR Holdings
47.8x21.6%AU$847.5m

Price-To-Earnings vs Peers: PWH is expensive based on its Price-To-Earnings Ratio (47.8x) compared to the peer average (17.6x).


Price to Earnings Ratio vs Industry

How does PWH's PE Ratio compare vs other companies in the Global Auto Components Industry?

Price-To-Earnings vs Industry: PWH is expensive based on its Price-To-Earnings Ratio (47.8x) compared to the Global Auto Components industry average (20.8x)


Price to Earnings Ratio vs Fair Ratio

What is PWH's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PWH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio47.8x
Fair PE Ratio30.7x

Price-To-Earnings vs Fair Ratio: PWH is expensive based on its Price-To-Earnings Ratio (47.8x) compared to the estimated Fair Price-To-Earnings Ratio (30.7x).


Share Price vs Fair Value

What is the Fair Price of PWH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PWH (A$8.45) is trading above our estimate of fair value (A$6.08)

Significantly Below Fair Value: PWH is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Future Growth

How is PWR Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


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 (1.8%).

Earnings vs Market: PWH's earnings (21.6% per year) are forecast to grow faster than the Australian market (6.2% per year).

High Growth Earnings: PWH's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PWH's revenue (17.8% per year) is forecast to grow faster than the Australian market (5.7% per year).

High Growth Revenue: PWH's revenue (17.8% 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 (27.8%)


Discover growth companies

Past Performance

How has PWR Holdings performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


13.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PWH has high quality earnings.

Growing Profit Margin: PWH's current net profit margins (20.3%) are lower than last year (22.1%).


Past Earnings Growth Analysis

Earnings Trend: PWH's earnings have grown by 13.9% per year over the past 5 years.

Accelerating Growth: PWH's earnings growth over the past year (9.6%) is below its 5-year average (13.9% per year).

Earnings vs Industry: PWH earnings growth over the past year (9.6%) underperformed the Auto Components industry 23.3%.


Return on Equity

High ROE: PWH's Return on Equity (26.8%) is considered high.


Discover strong past performing companies

Financial Health

How is PWR Holdings's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PWH's short term assets (A$38.2M) exceed its short term liabilities (A$13.3M).

Long Term Liabilities: PWH's short term assets (A$38.2M) exceed its long term liabilities (A$8.4M).


Debt to Equity History and Analysis

Debt Level: PWH is debt free.

Reducing Debt: PWH had no debt 5 years ago.

Debt Coverage: PWH has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PWH has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is PWR Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.04%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: PWH's dividend (1.04%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.62%).

High Dividend: PWH's dividend (1.04%) is low compared to the top 25% of dividend payers in the Australian market (6.24%).


Stability and Growth of Payments

Stable Dividend: PWH is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.

Growing Dividend: PWH is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: PWH is not paying a notable dividend for the Australian market.


Cash Payout to Shareholders

Cash Flow Coverage: PWH is not paying a notable dividend for the Australian market.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average management tenure


CEO

Kees Weel

19.17yrs

Tenure

AU$546,914

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 ($USD377.03K) is below average for companies of similar size in the Australian market ($USD791.44K).

Compensation vs Earnings: Kees's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: PWH's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: PWH's board of directors are considered experienced (6.9 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 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
  • Implied Market Cap: AU$847.502m
  • Shares outstanding: 100.30m
  • Website: https://www.pwr.com.au

Number of Employees


Location

  • PWR Holdings Limited
  • 103 Lahrs Road
  • Ormeau
  • Queensland
  • 4208
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/07 00:00
End of Day Share Price2022/08/05 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


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.