Parkway Corporate Limited, a cleantech company, provides water treatment solutions.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.013|
|52 Week High||AU$0.008|
|52 Week Low||AU$0.032|
|1 Month Change||-10.71%|
|3 Month Change||4.17%|
|1 Year Change||-3.85%|
|3 Year Change||78.57%|
|5 Year Change||-56.90%|
|Change since IPO||-94.05%|
Recent News & Updates
We're Not Very Worried About Parkway Minerals' (ASX:PWN) Cash Burn Rate
We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Parkway Minerals (ASX:PWN) Is In A Good Position To Deliver On Growth Plans
Just because a business does not make any money, does not mean that the stock will go down. For example, Parkway...
|PWN||AU Chemicals||AU Market|
Return vs Industry: PWN underperformed the Australian Chemicals industry which returned 11.3% over the past year.
Return vs Market: PWN underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: PWN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: PWN's weekly volatility has decreased from 18% to 11% over the past year.
About the Company
Parkway Corporate Limited, a cleantech company, provides water treatment solutions. It operates through three business units: Parkway Process Solutions, Parkway Process Technologies, and Parkway Ventures. The company offers analytical instruments for measuring water treatment related parameters; laboratory equipment; laboratory equipment; laboratory consumables, such as syringes, test tubes, measuring jugs, cylinders, and flasks; water treatment systems; and a range of pumps comprising specialty chemical dosing pumps, HVAC pumps, submersible pumps, and high-pressure and high-capacity pumps, as well as related parts and accessories.
Parkway Fundamentals Summary
|PWN fundamental statistics|
Is PWN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PWN income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.00015|
|Net Profit Margin||140.55%|
How did PWN perform over the long term?See historical performance and comparison
Is Parkway undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PWN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PWN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PWN is poor value based on its PE Ratio (83.3x) compared to the Australian Chemicals industry average (62x).
PE vs Market: PWN is poor value based on its PE Ratio (83.3x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PWN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PWN is good value based on its PB Ratio (2.3x) compared to the AU Chemicals industry average (4x).
How is Parkway forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Parkway has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Parkway performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PWN has a high level of non-cash earnings.
Growing Profit Margin: PWN became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PWN has become profitable over the past 5 years, growing earnings by 1.3% per year.
Accelerating Growth: PWN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PWN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (-61.8%).
Return on Equity
High ROE: PWN's Return on Equity (2.9%) is considered low.
How is Parkway's financial position?
Financial Position Analysis
Short Term Liabilities: PWN's short term assets (A$8.4M) exceed its short term liabilities (A$610.5K).
Long Term Liabilities: PWN's short term assets (A$8.4M) exceed its long term liabilities (A$523.8K).
Debt to Equity History and Analysis
Debt Level: PWN is debt free.
Reducing Debt: PWN has not had any debt for past 5 years.
Debt Coverage: PWN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PWN has no debt, therefore coverage of interest payments is not a concern.
What is Parkway current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PWN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PWN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PWN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PWN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PWN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bahay Ozcakmak (40 yo)
Mr. Bahay Ozcakmak, BSc, MABus, DipFin (Inv.), MAIH, MAICD serves as Managing Director of Consolidated Potash Corporation. Mr. Ozcakmak has been Executive Director of Pan Andean Capital Ltd since May 4, 20...
CEO Compensation Analysis
Compensation vs Market: Bahay's total compensation ($USD168.61K) is below average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Insufficient data to compare Bahay's compensation with company performance.
Experienced Management: PWN's management team is considered experienced (4.3 years average tenure).
Experienced Board: PWN's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.4%.
Parkway Corporate Limited's employee growth, exchange listings and data sources
- Name: Parkway Corporate Limited
- Ticker: PWN
- Exchange: ASX
- Founded: 2010
- Industry: Fertilizers and Agricultural Chemicals
- Sector: Materials
- Market Cap: AU$27.246m
- Shares outstanding: 2.18b
- Website: https://pwnps.com
- Parkway Corporate Limited
- 677 Murray Street
- Level 1
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 07:05|
|End of Day Share Price||2021/10/15 00:00|
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.