WORKHORSE GROUP INC (WKHS)
US98138J3059 - Common Stock
Overall WKHS gets a fundamental rating of 3 out of 10. We evaluated WKHS against 41 industry peers in the Automobiles industry. WKHS may be in some trouble as it scores bad on both profitability and health. WKHS shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
WKHS had negative earnings in the past year.
In the past year WKHS has reported a negative cash flow from operations.
WKHS had negative earnings in 4 of the past 5 years.
In the past 5 years WKHS always reported negative operating cash flow.
1.2 Ratios
WKHS has a worse Return On Assets (-124.68%) than 90.24% of its industry peers.
WKHS has a worse Return On Equity (-224.06%) than 75.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -124.68% | ||
| ROE | -224.06% | ||
| ROIC | N/A |
ROA(3y)-109.2%
ROA(5y)-78.01%
ROE(3y)-162.27%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
WKHS does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
WKHS does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for WKHS has been reduced compared to 1 year ago.
The number of shares outstanding for WKHS has been reduced compared to 5 years ago.
WKHS has a worse debt/assets ratio than last year.
2.2 Solvency
WKHS has an Altman-Z score of -13.25. This is a bad value and indicates that WKHS is not financially healthy and even has some risk of bankruptcy.
WKHS's Altman-Z score of -13.25 is on the low side compared to the rest of the industry. WKHS is outperformed by 78.05% of its industry peers.
WKHS has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.16, WKHS is doing good in the industry, outperforming 65.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -13.25 |
ROIC/WACCN/A
WACC10.06%
2.3 Liquidity
WKHS has a Current Ratio of 1.43. This is a normal value and indicates that WKHS is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.43, WKHS perfoms like the industry average, outperforming 48.78% of the companies in the same industry.
WKHS has a Quick Ratio of 1.43. This is a bad value and indicates that WKHS is not financially healthy enough and could expect problems in meeting its short term obligations.
WKHS has a Quick ratio of 0.31. This is amonst the worse of the industry: WKHS underperforms 85.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.43 | ||
| Quick Ratio | 0.31 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 37.85% over the past year.
Looking at the last year, WKHS shows a very strong growth in Revenue. The Revenue has grown by 160.85%.
The Revenue has been growing by 76.71% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)37.85%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%68.57%
Revenue 1Y (TTM)160.85%
Revenue growth 3Y111.2%
Revenue growth 5Y76.71%
Sales Q2Q%-17.13%
3.2 Future
WKHS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.29% yearly.
The Revenue is expected to grow by 110.67% on average over the next years. This is a very strong growth
EPS Next Y60.77%
EPS Next 2Y35.92%
EPS Next 3Y25.29%
EPS Next 5YN/A
Revenue Next Year-17.74%
Revenue Next 2Y66.26%
Revenue Next 3Y110.67%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for WKHS. In the last year negative earnings were reported.
Also next year WKHS is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
WKHS's earnings are expected to grow with 25.29% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y35.92%
EPS Next 3Y25.29%
5. Dividend
5.1 Amount
WKHS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
WORKHORSE GROUP INC
NASDAQ:WKHS (11/21/2024, 8:01:44 PM)
After market: 0.9601 0 (-0.11%)0.9612
-0.09 (-8.46%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap23.41M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -124.68% | ||
| ROE | -224.06% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.43 | ||
| Quick Ratio | 0.31 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)37.85%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y60.77%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)160.85%
Revenue growth 3Y111.2%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y