** Morningstar analysts say shares of PWR Holdings PWH.AX are undervalued, with the market overly preoccupied with near-term earnings weakness and overlooking the strength of the motorsports, aerospace and defence segments
** Note automotive solution provider's Q1 2026 revenue growth was lower than analysts' forecast due to a delay in production after co's move to a new factory
** However, see costs from factory relocation as a one-off and note co is entering Q2 with materially stronger order book in core motorsports, aerospace and defence segments
** See original equipment manufacturing improving as new projects come online
** YTD, stock down 1.1% as of last close
(Reporting by Shruti Agarwal in Bengaluru; Editing by Edmund Klamann)
((Shruti.Agarwal@thomsonreuters.com))