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Gowing Bros. Limited (GOW) Fair Value & Analysis

Financial Services · AU · Market cap A$123M

GB Gowing Bros. Limited GOW · AU
PriceA$2.19
Fair ValueA$0.8900
Upside-59.4%
Quality37/100
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Weak Growth
Loss-making · -3.2% net margin
Low debt · negative free cash flow
2.76% dividend yield
Trails peers (3/12)
Narrow moat 23/100
Evidence: Medium Range A$0.4900 – A$1.22 Share as image

Fair value as of: Jul 18, 2026

From 3 valuation models · updated 23 days ago

Share price +1.9% over the past month.

Below-average quality, and screening another 59% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (A$1.22). The favourable scenario is already priced in.
  • Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (A$0.4900 to A$1.22) leaves room in how you read the outcome.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

A$2.89 A$1.84 Fair Value A$0.8900 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range A$1.84 – A$2.89 · fair‑value band A$0.4900 – A$1.22 · the A$2.19 price screens above the A$0.8900 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

Full chart & analysis →

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Analysis

Gowing Bros. Limited (GOW) currently trades at A$2.19, while our model-based Fair Value estimate is A$0.8900, implying the stock looks roughly 59.4% overvalued today. The Quality Score stands at 37/100 (below-average quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Gowing Bros. Limited generated revenue of A$63.1M at a net margin of -3.2%. Revenue grew 4.8% year over year. It earns a return on equity of -1.0%. Net debt stands at A$81.6M. Fundamentals as of Jul 18, 2026

Our scenario range runs from A$0.4900 (bear case) to A$1.22 (bull case); at A$2.19, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 8% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -12% fair-value upside, at -59%, GOW screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Gordon GGM A$0.4400 A$0.7400 A$0.9600 70
DDM Multi-Stage A$0.4400 A$0.7000 A$0.7900 61
NCAV (Graham) A$1.81 A$2.43 A$3.62 50
All 3 models by family
Dividend Discount
Gordon GGM A$0.4400 A$0.7400 A$0.9600 70
DDM Multi-Stage A$0.4400 A$0.7000 A$0.7900 61
Asset-Based
NCAV (Graham) A$1.81 A$2.43 A$3.62 50

Widest divergence: Asset-Based (A$2.43) versus Dividend Discount (A$0.7000). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) A$63.1M
Revenue growth (YoY) +4.8%
Net margin -3.2%
Return on equity -1.0%
Free cash flow −A$2.2M FY2025
Operating margin 4.6%
More key figures
EPS (TTM) A$-0.0400
Dividend yield 2.9%
EPS growth (YoY) +150%
Net debt A$81.6M FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 37/100

Of which business quality 36 · Market factors (momentum, volatility) 52

Profitability 7
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 4
Earnings quality: real cash, not paper profit
Fin. Strength 46
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 85
Calm price path (market factor)
Momentum 39
Price trend over the last 3–12 months (market factor)
52W Momentum 37
Distance to the 52-week high (market factor)
Net Issuance 79
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Gowing Bros. Limited operates as an investment and wealth management company in Australia. It operates through two divisions, Investment Management and Property Management. The Investment Management segment invests in securities listed on the Australian Stock Exchange in private equity vehicles, as well as loans, including mezzanine finance arrangements.

Full company description

Gowing Bros. Limited operates as an investment and wealth management company in Australia. It operates through two divisions, Investment Management and Property Management. The Investment Management segment invests in securities listed on the Australian Stock Exchange in private equity vehicles, as well as loans, including mezzanine finance arrangements. The Property Management segment engages in the ownership and leasing of commercial properties; and the development and sale of residential and commercial properties. The company was founded in 1868 and is headquartered in Coffs Harbour, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Gowing Bros. Limited reported revenue of A$61.7M in FY2025 versus A$71.2M in FY2021, a compound −3.5%/yr. Reported net income was −A$3.3M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
A$61.7M
Latest YoY
−8.9%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−7.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−0.6%
Avg. growth/yr (36Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+4.6%
Revenue −3.5%/yr
FY21 A$71.2M
FY22 A$78.0M
FY23 A$64.3M
FY24 A$67.8M
FY25 A$61.7M
Net income
FY21 A$10.4M
FY22 A$10.9M
FY23 −A$5.3M
FY24 −A$43.0K
FY25 −A$3.3M

GOW screens 59% overvalued. Compare with Fondul Proprietatea SA →

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Cite: Fair Value Calculator (2026). "Gowing Bros. Limited Fair Value". https://www.fairvalue-calculator.com/stock/GOW

Peer Group

Asset Management · 971 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 39 · Bottom 25%
Fair Value upside −59% · Bottom 25%
Return on assets 1% · Below median
Net margin (TTM) -3% · Bottom 25%
Operating margin (TTM) 5% · Bottom 25%
Revenue growth 5% · Above median
Dividend yield (TTM) 2.8% · Below median
Debt / equity 0.49× · Higher than 75% of peers

Valuation Multiples vs Asset Management median · lower = cheaper

P/B 0.44× · Cheaper than 75% of peers
P/S (TTM) 1.38× · Cheaper than 75% of peers
EV/EBITDA 44.2× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 37
FUTURE 24 · sector 6
PAST 0 · sector 26
HEALTH 75 · sector 95
DIVIDEND 55 · sector 69

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Fondul Proprietatea SA FP $0.0420 $0.0800 +90%
BlackRock, Inc BLK $1,136 $465.75 -59%
Blackstone Inc BX $124.56 $16.35 -87%
Investor AB INVEB kr 423.70 kr 847.40 +100%
Brookfield Corporation BN C$62.45 C$10.12 -84%
KKR & Co KKR $100.94 $44.88 -56%
AB Industrivärden INDUA kr 532.50 kr 1,065 +100%
Jio Financial Services Limited JIOFIN ₹242.98 ₹40.19 -83%
Hedef Holding HEDEF 267.25 TRY 320.98 TRY +20%
Bajaj Holdings BAJAJHLDNG ₹10,398 ₹9,202 -12%

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Frequently asked questions

Is Gowing Bros. Limited (GOW) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of A$0.8900 versus a price of A$2.19, about −59% (overvalued).
What is the fair value of GOW?
Our model-based fair value for Gowing Bros. Limited is A$0.8900 (as of Jul 18, 2026), built from audited fundamentals. The current price is A$2.19.
What is the quality score of GOW?
Gowing Bros. Limited has a Quality Score of 37/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Gowing Bros. Limited (GOW)?
Gowing Bros. Limited reported trailing-twelve-month revenue of about A$63.1M (latest available figure, as of Jul 18, 2026).
What is the net profit margin of GOW?
The net profit margin of Gowing Bros. Limited is about -3.2%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Gowing Bros. Limited pay a dividend?
Gowing Bros. Limited currently shows a dividend yield of about 2.86% relative to its recent price (as of Jul 18, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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