Employees: 704
Size PWR (PWH.AX) is an Australia Consumer Discretionary company (Auto Parts: OEM) with a market value of $776M, the 213th largest of 316 Australia companies the cockpit tracks. Shares closed at A$11.14 on 6 Nov 2026.
Performance Over six months the shares gained 23.6%, against -21.2% for the median peer and +4.1% for the Australia market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 31.2% over the last twelve months (peer median +6.4%); the operating margin is 15.7% (peer median 4.6%).
Valuation It trades at 46.9× forward earnings against a peer median of 13.9× (3rd most expensive of 13).
Price implies For today's price to make sense, revenue must grow about 42% a year for seven years (Req g). Recent delivered growth is +17%, so the hurdle is +25 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 2.5 points below its cost of capital (13.8% WACC).
Next results Next results expected around 18 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | A$171M | A$171M | A$130M | A$139M | A$118M |
| Revenue growth | — | +31% | -7% | +18% | — |
| Gross profit | A$43.3M | A$43.3M | A$25.6M | A$44.1M | A$38.9M |
| EBITDA | A$38.6M | A$38.6M | A$23.4M | A$43.0M | A$37.2M |
| Net income | A$17.9M | A$17.9M | A$9.77M | A$24.8M | A$21.8M |
| Free cash flow | A$13.0M | A$13.0M | -A$15.0M | A$21.0M | A$12.8M |
| Capital expenditure | A$26.4M | A$26.4M | A$40.6M | A$12.3M | A$15.0M |
| Total debt | n/a | A$60.2M | A$61.1M | A$15.9M | A$18.3M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | PWH.AX | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +16.6% | -4.3% | highest of 21 |
| 6-month return | +23.6% | -21.2% | highest of 21 |
| Distance from 52-week high | -10.9% | -41.8% | 2nd highest of 21 |
| Revenue growth (TTM) | +31.2% | +6.4% | highest of 21 |
| Operating margin | 15.7% | 4.6% | 2nd highest of 21 |
| Forward P/E | 46.9× | 13.9× | 3rd most expensive of 13 |
| Growth the price implies (Req g, 7 yrs) | 41.7% | 9.1% | most demanding of 12 |
| Growth delivered (Del g) | +16.6% | +8.6% | 2nd highest of 12 |
| Hurdle (Req g minus delivered) | +25.1 pp | +4.1 pp | most demanding of 12 |
| ROIC minus cost of capital | -2.5 pp | -1.8 pp | 8th lowest of 21 |
| EV / EBITDA | 30.4× | 7.4× | most expensive of 7 |
| Net debt / EBITDA | 1.4× | 1.0× | 4th least indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| PWR PWH.AX | Australia | $776M | +24% | +31% | 16% | 46.9× | 41.7% | +16.6% |
| CIR S.p.A. - Compagnie Industriali Riunite CIR.MI | Italy | $776M | +12% | 0% | 6% | 13.4× | 2.3% | -0.2% |
| Chongqing Zhixin Industrial 603352.SS | China | $787M | -35% | +22% | 26% | n/a | n/a | n/a |
| Jiangsu Pacific Precision Forging 300258.SZ | China | $789M | -20% | -8% | 2% | 225.2× | n/a | n/a |
| Shenzhen Dawei Innovation Technology 002213.SZ | China | $756M | -44% | +12% | 3% | n/a | n/a | n/a |
| Nippon Seiki 7287.T | Japan | $800M | -14% | +6% | 4% | 11.9× | -1.7% | +8.6% |
| Changchun Engley Automobile Industry 601279.SS | China | $752M | -21% | -15% | -6% | n/a | 7.1% | -2.9% |
| China Yuchai International CYD | United States | $750M | -57% | +21% | 4% | 5.6× | n/a | n/a |
| Guangdong Hongtu Technology (Holdings) 002101.SZ | China | $805M | -19% | -1% | 2% | 12.7× | n/a | n/a |
| Fox Factory FOXF | United States | $748M | 0% | +2% | 5% | 15.2× | 14.6% | +10.5% |
| Wuhan Lincontrol Automotive Electronics 688667.SS | China | $809M | -31% | -19% | 12% | 33.1× | 26.5% | +9.4% |
| Guizhou Guihang Automotive Components 600523.SS | China | $739M | -11% | +7% | 4% | n/a | 17.3% | +2.4% |
| Wuhu Atech Automotive 603293.SS | China | $819M | -39% | +4% | 7% | n/a | n/a | n/a |
| Reach Machinery 301596.SZ | China | $733M | -8% | +16% | 14% | n/a | 32.5% | +9.5% |
| Aisan Industry 7283.T | Japan | $828M | +18% | +2% | 6% | 8.3× | n/a | n/a |
| Shentong Technology 605228.SS | China | $726M | -28% | +7% | 11% | n/a | 7.1% | +4.9% |
| Zhejiang VIE Science & Technology 002590.SZ | China | $723M | -22% | +8% | 4% | n/a | 9.1% | +14.5% |
| Changzhou Tenglong Auto Parts 603158.SS | China | $719M | -22% | +9% | 4% | 15.4× | 25.1% | +18.7% |
| Xinzhi 002664.SZ | China | $839M | -32% | +16% | 2% | 54.6× | n/a | n/a |
| Shanghai Baolong Automotive 603197.SS | China | $840M | -23% | +26% | 5% | 14.5× | n/a | n/a |
| Mitsuboshi Belting 5192.T | Japan | $716M | +4% | +5% | 10% | 10.8× | -1.1% | +7.3% |