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Worksport Ltd WKSP

Morningstar Rating
$0.73 −0.12 (13.75%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

WKSP is trading at a 63% discount.
Price
$0.87
Fair Value
$1.64
Uncertainty
Extreme
1-Star Price
$45.17
5-Star Price
$7.52
Economic Moat
Cxx
Capital Allocation
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News

Trading Information

Previous Close Price
$0.85
Day Range
$0.680.87
52-Week Range
$0.364.33
Bid/Ask
$0.75 / $0.77
Market Cap
$17.69 Mil
Volume/Avg
847,345 / 364,831

Key Statistics

Price/Earnings (Normalized)
Price/Sales
8.71
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Worksport Ltd through its subsidiaries, designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. The company's product includes soft vinyl tonneau covers and hard aluminum tonneau covers.
Sector
Consumer Cyclical
Industry
Auto Parts
Stock Style Box
Small Growth
Total Number of Employees
20

Valuation

Metric
WKSP
Price/Earnings (Normalized)
Price/Book Value
0.84
Price/Sales
8.71
Price/Cash Flow
Price/Earnings
No chart available

Financial Strength

Metric
WKSP
Quick Ratio
0.46
Current Ratio
1.27
Interest Coverage
−23.62
Quick Ratio
WKSP

Profitability

Metric
WKSP
Return on Assets (Normalized)
−53.16%
Return on Equity (Normalized)
−74.88%
Return on Invested Capital (Normalized)
−55.25%
Return on Assets
WKSP
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