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Parkway Corporate Limited (PWN) Fair Value & Analysis

Industrials · AU · Market cap A$27.7M

PC Parkway Corporate Limited PWN · AU
PriceA$0.0110
Fair ValueA$0.0085
Upside-22.7%
Quality34/100
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Mixed Growth
Loss-making · -1.6% net margin
generates free cash flow
Trails peers (2/11)
Narrow moat 19/100
Evidence: High Share as image

Fair value as of: Jul 16, 2026

From 10 valuation models · updated 25 days ago

Share price +4.8% over the past month.

Below-average quality, and screening another 23% overvalued on our models.

What matters now

  • Weak quality (34/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • Quality 34/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

A$0.0165 A$0.0070 Fair Value A$0.0085 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range A$0.0070 – A$0.0165 · the A$0.0110 price screens above the A$0.0085 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Parkway Corporate Limited (PWN) currently trades at A$0.0110, while our model-based Fair Value estimate is A$0.0085, implying the stock looks roughly 22.7% overvalued today. The Quality Score stands at 34/100 (below-average quality), in the Industrials 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: high).

Over the trailing twelve months, Parkway Corporate Limited generated revenue of A$15.0M at a net margin of -1.6%. Revenue declined 1.3% year over year. It earns a return on equity of -1.5%. Net debt stands at A$4.8M. Fundamentals as of Jul 16, 2026

The share trades about 27% below its 52-week high and 22% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -23%, PWN screens cheaper 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
Growth DCF A$0.0100 72
Rev-Margin DCF A$0.0100 67
EV/EBITDA A$0.0100 A$0.0100 54
All 10 models by family
DCF Models
FCF DCF A$0.0100 38
Owner Earnings A$0.0100 A$0.0100 31
5Y Revenue Exit A$0.0100 39
5Y EBITDA Exit A$0.0100 A$0.0100 41
10Y Revenue Exit A$0.0100 A$0.0100 36
10Y EBITDA Exit A$0.0100 A$0.0100 37
Multiples
EV/EBITDA A$0.0100 A$0.0100 54
Asset-Based
NCAV (Graham) A$0.0100 50
Growth DCF
Growth DCF A$0.0100 72
Rev-Margin DCF A$0.0100 67

Widest divergence: DCF Models (A$0.0100) versus DCF Models (A$0.0100). Highest evidence: Growth DCF (72).

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Key figures & financial health

Revenue (TTM) A$15.0M
Revenue growth (YoY) -1.3%
Net margin -1.6%
Return on equity -1.5%
Free cash flow A$553K FY2025
Operating margin -3.5%
More key figures
Net debt A$4.8M FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 34/100

Of which business quality 38 · Market factors (momentum, volatility) 41

Profitability 19
Margins and returns on capital today
Quality Growth 76
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 48
Balance sheet, leverage, solvency risk
Investment 36
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 39
Price trend over the last 3–12 months (market factor)
52W Momentum 33
Distance to the 52-week high (market factor)
Net Issuance 0
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

Parkway Corporate Limited provides water treatment products and solutions in Australia. It offers analytical instruments for measuring water treatment related parameters; laboratory equipment; laboratory consumables; water treatment systems; and pump products.

Full company description

Parkway Corporate Limited provides water treatment products and solutions in Australia. It offers analytical instruments for measuring water treatment related parameters; laboratory equipment; laboratory consumables; water treatment systems; and pump products. The company also provides instrumentation and controllers to measure, monitor, and automate water treatment operations; pipe, hose, and fittings products; valves and solenoids; filters, membranes, and related process equipment; and tanks for industrial water treatment and process related applications. In addition, it offers various water treatment chemicals; disinfection products that consist of chemical disinfection, chlorination equipment, electro-chlorination, nanobubble disinfection, ozone disinfection, and UV disinfection products, as well as related parts and accessories. Further, it is involved in the supply of heavy duty steel pallets for storage and transport of goods; and provision of analytical testing, project evaluation, process development and engineering, workshop fabrication, installation and project management, and operation and maintenance services. Additionally, the company offers product and industry based, and next generation solutions. The company was formerly known as Parkway Minerals NL and changed its name to Parkway Corporate Limited in September 2021. The company was incorporated in 2010 and is headquartered in Sunshine North, Australia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Parkway Corporate Limited reported revenue of A$15.1M in FY2025 versus A$327K in FY2021, a compound +160.8%/yr. Reported net income was A$15.9K in FY2025.

Growth Quality 77/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
A$15.1M
Latest YoY
+70.2%
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.
+64.9%
Avg. growth/yr (12Y) 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.
+60.5%
Revenue +160.8%/yr
FY21 A$327K
FY22 A$3.4M
FY23 A$4.2M
FY24 A$8.9M
FY25 A$15.1M
Net income
FY21 −A$924K
FY22 −A$2.3M
FY23 −A$1.7M
FY24 −A$734K
FY25 A$15.9K

PWN screens 23% overvalued. Compare with Veralto Corporation →

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Cite: Fair Value Calculator (2026). "Parkway Corporate Limited Fair Value". https://www.fairvalue-calculator.com/stock/PWN

Peer Group

Pollution & Treatment Controls · 91 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 34 · Bottom 25%
Fair Value upside −23% · Above median
Return on assets 1% · Below median
Net margin (TTM) -2% · Below median
Operating margin (TTM) -4% · Bottom 25%
Revenue growth -1% · Below median

Valuation Multiples vs Pollution & Treatment Controls median · lower = cheaper

P/B 1.24× · Cheaper than median
P/S (TTM) 1.30× · Pricier than median
P/FCF 35.4× · Pricier than 75% of peers
EV/EBITDA 27.3× · 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 3 · sector 0
FUTURE 0 · sector 14
PAST 0 · sector 10
HEALTH 0 · sector 95
DIVIDEND 0 · sector 37

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 Pollution & Treatment Controls stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Veralto Corporation VLTO $94.21 $69.11 -27%
Zurn Elkay Water Solutions Corporation ZWS $47.63 $24.92 -48%
Canmax Technologies Co 300390 ¥57.02 ¥10.41 -82%
CECO Environmental Corp CECO $83.63 $15.19 -82%
Fujian Longking Co 600388 ¥17.58 ¥15.59 -11%
Munters Group MTRS kr 166.60 kr 16.90 -90%
China Conch Venture Holdings 0586 HK$8.83 HK$14.14 +60%
Mega Union Technology Inc 6944 1,005 TWD 539.58 TWD -46%
MayAir Technology (China) Co 688376 ¥96.57 ¥18.80 -81%
Shanghai Emperor of Cleaning Hi-Tech Co 603200 ¥38.97 ¥5.73 -85%

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Frequently asked questions

Is Parkway Corporate Limited (PWN) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of A$0.0085 versus a price of A$0.0110, about −23% (overvalued).
What is the fair value of PWN?
Our model-based fair value for Parkway Corporate Limited is A$0.0085 (as of Jul 16, 2026), built from audited fundamentals. The current price is A$0.0110.
What is the quality score of PWN?
Parkway Corporate Limited has a Quality Score of 34/100. 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 Parkway Corporate Limited (PWN)?
Parkway Corporate Limited reported trailing-twelve-month revenue of about A$15.0M (latest available figure, as of Jul 16, 2026).
What is the net profit margin of PWN?
The net profit margin of Parkway Corporate Limited is about -1.6%, meaning it is currently running at a net loss. Based on the latest reported figures.

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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