WallStSmart

374Water Inc. Common Stock (SCWO)vsZurn Elkay Water Solutions Corporation (ZWS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Zurn Elkay Water Solutions Corporation generates 88677% more annual revenue ($1.70B vs $1.91M). ZWS leads profitability with a 11.7% profit margin vs 0.0%. ZWS earns a higher WallStSmart Score of 56/100 (C).

SCWO

Avoid

23

out of 100

Grade: F

Growth: 6.7Profit: 2.5Value: 5.0Quality: 5.0

ZWS

Buy

56

out of 100

Grade: C

Growth: 6.0Profit: 6.5Value: 7.3Quality: 6.8
Piotroski: 5/9Altman Z: 1.53
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for SCWO.

ZWSSignificantly Overvalued (-51.8%)

Margin of Safety

-51.8%

Fair Value

$33.96

Current Price

$46.21

$12.25 premium

UndervaluedFair: $33.96Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

SCWO0 strengths · Avg: 0/10

No standout strengths identified

ZWS0 strengths · Avg: 0/10

No standout strengths identified

Areas to Watch

SCWO4 concerns · Avg: 3.5/10
Price/BookValuation
8.3x4/10

Trading at 8.3x book value

EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$53.48M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
0.0%3/10

0.0% margin — thin

ZWS3 concerns · Avg: 3.3/10
PEG RatioValuation
1.684/10

Expensive relative to growth rate

Altman Z-ScoreHealth
1.534/10

Distress zone — elevated risk

P/E RatioValuation
40.6x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : SCWO

SCWO has a balanced fundamental profile.

Bull Case : ZWS

ZWS has a balanced fundamental profile.

Bear Case : SCWO

The primary concerns for SCWO are Price/Book, EPS Growth, Market Cap.

Bear Case : ZWS

The primary concerns for ZWS are PEG Ratio, Altman Z-Score, P/E Ratio. A P/E of 40.6x leaves little room for execution misses.

Key Dynamics to Monitor

ZWS carries more volatility with a beta of 0.77 — expect wider price swings.

ZWS is growing revenue faster at 9.8% — sustainability is the question.

ZWS generates stronger free cash flow (83M), providing more financial flexibility.

Monitor POLLUTION & TREATMENT CONTROLS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

ZWS scores higher overall (56/100 vs 23/100). Both earn "Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

374Water Inc. Common Stock

INDUSTRIALS · POLLUTION & TREATMENT CONTROLS · USA

374Water, Inc. is focused on providing technology that addresses the challenges of environmental pollution. The company is headquartered in Durham, North Carolina.

Zurn Elkay Water Solutions Corporation

INDUSTRIALS · POLLUTION & TREATMENT CONTROLS · USA

Zurn Water Solutions Corporation designs, acquires, manufactures, and markets water system solutions that provide and improve water quality, safety, flow control, and conservation in and around non-residential buildings. The company is headquartered in Milwaukee, Wisconsin.

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