Avalon Holdings Corporation
AWX · AMEX
Company research
Avalon Holdings Corporation (AWX) is a publicly traded U.S. company incorporated in 1998 and headquartered in Warren, Ohio, that provides waste management services to industrial, commercial, municipal, and governmental customers primarily in selected northeastern and midwestern U.S. markets. The company operates through two business segments: Waste Management Services, which includes hazardous and non-hazardous waste disposal brokerage and management, captive landfill management, saltwater injection well operations, and turnkey facility management services; and Golf and Related Operations, which encompasses the operation and management of four golf courses, country club facilities, an athletic center, and the flagship hospitality property, The Grand Resort. With approximately 882 full-time employees and a market capitalization of roughly $9.5 million, Avalon Holdings is a small-cap industrial services company traded on the NYSE American Exchange under the ticker symbol AWX. The company is led by Chairman and CEO Ronald E. Klingle, a co-founder of its predecessor entity, American Waste Services, Inc., who holds a significant ownership stake in the business.
Research reports
StatsAlpha presents Avalon as a micro-cap waste-management and services company with moderate overall quality scores but a base-case fair-value estimate around 31.95–32 per share, implying roughly 1,168% upside versus the May 2026 price. The report stresses that this apparent deep value is tempered by significant cash-flow inefficiencies, a working-capital “trap,” and multiple cash-flow “leaks,” making execution on operational improvements critical to realizing the upside.
Flash (StockSentinel/Flash) · April 16, 2026ArcWest Exploration Inc. (AWX.V) Stock Research ReportFlash frames ArcWest Exploration (TSXV: AWX) as a BC-focused copper–gold porphyry project generator with a robust treasury (~3.28 million as of late 2025), multiple partner-funded earn-in agreements (including up to 50 million of potential Freeport-McMoRan spending at the Todd Creek project), and no warrants, offering shareholders strong leverage to any Tier‑1 discovery. The thesis is that ArcWest is an “asymmetric optionality play” where substantial discovery-driven upside outweighs near-term earnings, but the report also highlights material geological risk, dependence on key partners, micro-cap liquidity, and permitting/ESG headwinds in British Columbia.
Simply Wall St · August 17, 2025Avalon Holdings (NYSEAM:AWX) – Stock AnalysisSimply Wall St’s data-driven analysis shows Avalon Holdings as a tiny U.S. waste-management and golf/hospitality company with very low margins and minimal earnings relative to revenue, with gross margin around 20% and net profit margin near 0.15% on trailing twelve-month sales of about 78.2 million. The report emphasizes that AWX has underperformed both the U.S. commercial services industry and the broader market over the past year, is covered by no sell-side analysts, and screens poorly on valuation and future growth, leading to a cautious, essentially neutral stance on the shares.
Flash (StockSentinel/Flash) · July 24, 2025Avalon Holdings Corporation (AWX) Stock Research ReportFlash describes Avalon Holdings as a deep-value micro-cap conglomerate combining a brokered hazardous and non-hazardous waste business with an asset-heavy golf and resort portfolio, noting that the shares trade at a steep discount to book value and low EV/EBITDA multiples despite 2024 profitability. However, the report’s scenario analysis and risk discussion stress thin and volatile margins, high leverage, customer and project concentration, dual-class controlled governance, and macro cyclicality, concluding that AWX is more likely a speculative value trap with muted risk-adjusted upside absent clear catalysts to unlock asset value.