I have been using this part tool now for over a month. I have a newer road bike that has through axles and this tool works perfectly with it. Also oh, the quality of the steel is very very good. It is a small tool and stoves away nicely. Well worth the buy on this one.
This compact tool said really has just about every tool you will need on a newer bike.
This little tool is rock solid and will endure all but the most abusive treatment. It's Park quality at its best, but Park at it's most irritating as well. They only begrudgingly acknowledge the existence of the Phillips head screw by including a sort of half Phillips bit on some of their multitools (lame) or, as in this case, none at all. A mystery that has persisted for years.