WORKSPORT LTD (WKSP)

US98139Q2093 - Common Stock

0.8346  +0.01 (+1.03%)

After market: 0.8399 +0.01 (+0.64%)

Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to WKSP. WKSP was compared to 82 industry peers in the Automobile Components industry. WKSP has a bad profitability rating. Also its financial health evaluation is rather negative. WKSP shows excellent growth, but is valued quite expensive already.



Quickly go to:

0

1. Profitability

1.1 Basic Checks

WKSP had negative earnings in the past year.
WKSP had a negative operating cash flow in the past year.
WKSP had negative earnings in each of the past 5 years.
WKSP had a negative operating cash flow in each of the past 5 years.

1.2 Ratios

The Return On Assets of WKSP (-62.24%) is worse than 95.12% of its industry peers.
WKSP has a Return On Equity of -94.86%. This is amonst the worse of the industry: WKSP underperforms 89.02% of its industry peers.
Industry RankSector Rank
ROA -62.24%
ROE -94.86%
ROIC N/A
ROA(3y)-39.18%
ROA(5y)-51.03%
ROE(3y)-52.4%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

Looking at the Gross Margin, with a value of 10.53%, WKSP is doing worse than 86.59% of the companies in the same industry.
WKSP's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for WKSP so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 10.53%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.25%
GM growth 5Y-5.47%

More info and screens

3

2. Health

2.1 Basic Checks

WKSP does not have a ROIC to compare to the WACC, probably because it is not profitable.
WKSP has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, WKSP has more shares outstanding
WKSP has a worse debt/assets ratio than last year.

2.2 Solvency

WKSP has an Altman-Z score of -2.90. This is a bad value and indicates that WKSP is not financially healthy and even has some risk of bankruptcy.
WKSP's Altman-Z score of -2.90 is on the low side compared to the rest of the industry. WKSP is outperformed by 92.68% of its industry peers.
A Debt/Equity ratio of 0.33 indicates that WKSP is not too dependend on debt financing.
WKSP has a better Debt to Equity ratio (0.33) than 84.15% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.33
Debt/FCF N/A
Altman-Z -2.9
ROIC/WACCN/A
WACC9.22%

2.3 Liquidity

WKSP has a Current Ratio of 2.96. This indicates that WKSP is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.96, WKSP belongs to the best of the industry, outperforming 85.37% of the companies in the same industry.
WKSP has a Quick Ratio of 2.96. This is a bad value and indicates that WKSP is not financially healthy enough and could expect problems in meeting its short term obligations.
WKSP has a Quick ratio of 0.91. This is amonst the worse of the industry: WKSP underperforms 84.15% of its industry peers.
Industry RankSector Rank
Current Ratio 2.96
Quick Ratio 0.91

More info and screens

8

3. Growth

3.1 Past

WKSP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.91%, which is quite impressive.
WKSP shows a strong growth in Revenue. In the last year, the Revenue has grown by 776.15%.
WKSP shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 26.09% yearly.
EPS 1Y (TTM)22.91%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%38.92%
Revenue 1Y (TTM)776.15%
Revenue growth 3Y63.5%
Revenue growth 5Y26.09%
Sales Q2Q%578.77%

3.2 Future

WKSP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.89% yearly.
Based on estimates for the next years, WKSP will show a very strong growth in Revenue. The Revenue will grow by 183.08% on average per year.
EPS Next Y37.78%
EPS Next 2Y27.8%
EPS Next 3Y21.89%
EPS Next 5YN/A
Revenue Next Year268.42%
Revenue Next 2Y289.33%
Revenue Next 3Y183.08%
Revenue Next 5YN/A

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

WKSP reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for WKSP. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A

4.3 Compensation for Growth

A more expensive valuation may be justified as WKSP's earnings are expected to grow with 21.89% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y27.8%
EPS Next 3Y21.89%

More info and screens

0

5. Dividend

5.1 Amount

No dividends for WKSP!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

WORKSPORT LTD

NASDAQ:WKSP (12/20/2024, 8:00:02 PM)

After market: 0.8399 +0.01 (+0.64%)

0.8346

+0.01 (+1.03%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)11-13 2024-11-13/amc
Earnings (Next)02-04 2025-02-04/amc
Inst Owners9.53%
Inst Owner Change25.35%
Ins Owners8.6%
Ins Owner Change1.3%
Market Cap27.49M
Analysts82.86
Price Target1.53 (83.32%)
Short Float %2.86%
Short Ratio0.54
Dividend
Industry RankSector Rank
Dividend Yield N/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-9.35%
Min EPS beat(2)-13.12%
Max EPS beat(2)-5.58%
EPS beat(4)2
Avg EPS beat(4)2.7%
Min EPS beat(4)-13.12%
Max EPS beat(4)22.39%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)26.57%
Min Revenue beat(2)25.59%
Max Revenue beat(2)27.55%
Revenue beat(4)2
Avg Revenue beat(4)-7.01%
Min Revenue beat(4)-49.74%
Max Revenue beat(4)27.55%
Revenue beat(8)2
Avg Revenue beat(8)-37.08%
Revenue beat(12)2
Avg Revenue beat(12)-53.14%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-33.33%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.11%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 4.3
P/FCF N/A
P/OCF N/A
P/B 1.68
P/tB 1.83
EV/EBITDA N/A
EPS(TTM)-0.66
EYN/A
EPS(NY)-0.34
Fwd EYN/A
FCF(TTM)-0.38
FCFYN/A
OCF(TTM)-0.36
OCFYN/A
SpS0.19
BVpS0.5
TBVpS0.46
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -62.24%
ROE -94.86%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 10.53%
FCFM N/A
ROA(3y)-39.18%
ROA(5y)-51.03%
ROE(3y)-52.4%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.25%
GM growth 5Y-5.47%
F-Score3
Asset Turnover0.26
Health
Industry RankSector Rank
Debt/Equity 0.33
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 66.76%
Cap/Sales 11.58%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.96
Quick Ratio 0.91
Altman-Z -2.9
F-Score3
WACC9.22%
ROIC/WACCN/A
Cap/Depr(3y)1407.44%
Cap/Depr(5y)1051.13%
Cap/Sales(3y)3303.19%
Cap/Sales(5y)1983.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.91%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%38.92%
EPS Next Y37.78%
EPS Next 2Y27.8%
EPS Next 3Y21.89%
EPS Next 5YN/A
Revenue 1Y (TTM)776.15%
Revenue growth 3Y63.5%
Revenue growth 5Y26.09%
Sales Q2Q%578.77%
Revenue Next Year268.42%
Revenue Next 2Y289.33%
Revenue Next 3Y183.08%
Revenue Next 5YN/A
EBIT growth 1Y-0.69%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year37.18%
EBIT Next 3Y25.18%
EBIT Next 5YN/A
FCF growth 1Y34.63%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-38.46%
OCF growth 3YN/A
OCF growth 5YN/A