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PWN

ParkwayASX:PWN Stock Report

Market Cap

AU$27.2m

7D

4.2%

1Y

-3.8%

Updated

17 Oct, 2021

Data

Company Financials
PWN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

PWN Overview

Parkway Corporate Limited, a cleantech company, provides water treatment solutions.

Price History & Performance

Summary of all time highs, changes and price drops for Parkway
Historical stock prices
Current Share PriceAU$0.013
52 Week HighAU$0.008
52 Week LowAU$0.032
Beta0.085
1 Month Change-10.71%
3 Month Change4.17%
1 Year Change-3.85%
3 Year Change78.57%
5 Year Change-56.90%
Change since IPO-94.05%

Recent News & Updates

Jul 03
We're Not Very Worried About Parkway Minerals' (ASX:PWN) Cash Burn Rate

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...

Mar 17
Parkway Minerals (ASX:PWN) Is In A Good Position To Deliver On Growth Plans

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...

Shareholder Returns

PWNAU ChemicalsAU Market
7D4.2%0.08%0.9%
1Y-3.8%11.3%20.2%

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.

Price Volatility

Is PWN's price volatile compared to industry and market?
PWN volatility
PWN Beta0.085
Industry Beta0.80
Market Beta1

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

FoundedEmployeesCEOWebsite
2010n/aBahay Ozcakmakhttps://pwnps.com

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

How do Parkway's earnings and revenue compare to its market cap?
PWN fundamental statistics
Market CapAU$27.25m
Earnings (TTM)AU$343.56k
Revenue (TTM)AU$244.45k

83.3x

P/E Ratio

113.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PWN income statement (TTM)
RevenueAU$244.45k
Cost of RevenueAU$0
Gross ProfitAU$244.45k
Expenses-AU$99.11k
EarningsAU$343.56k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.00015
Gross Margin100.00%
Net Profit Margin140.55%
Debt/Equity Ratio0%

How did PWN perform over the long term?

See historical performance and comparison

Valuation

Is Parkway undervalued compared to its fair value and its price relative to the market?

83.33x

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).


Future Growth

How is Parkway forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

31.0%

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.


Past Performance

How has Parkway performed over the past 5 years?

1.3%

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.


Financial Health

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.


Balance Sheet


Dividend

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.


Next Steps

Management

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

4.3yrs

Average management tenure


CEO

Bahay Ozcakmak (40 yo)

1.92yrs

Tenure

AU$227,165

Compensation

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.


Leadership Team

Experienced Management: PWN's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: PWN's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 12.4%.


Top Shareholders

Company Information

Parkway Corporate Limited's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Parkway Corporate Limited
  • 677 Murray Street
  • Level 1
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 07:05
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
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.