Worksport Net Worth
Worksport Net Worth Breakdown | WKSP |
Worksport Net Worth Analysis
Worksport's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Worksport's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Worksport's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Worksport's net worth analysis. One common approach is to calculate Worksport's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Worksport's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Worksport's net worth. This approach calculates the present value of Worksport's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Worksport's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Worksport's net worth. This involves comparing Worksport's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Worksport's net worth relative to its peers.
Enterprise Value |
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To determine if Worksport is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Worksport's net worth research are outlined below:
Worksport is way too risky over 90 days horizon | |
Worksport appears to be risky and price may revert if volatility continues | |
Worksport has high likelihood to experience some financial distress in the next 2 years | |
The company reported the previous year's revenue of 8.48 M. Net Loss for the year was (16.16 M) with profit before overhead, payroll, taxes, and interest of 1.26 M. | |
Worksport currently holds about 20.94 M in cash with (10.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.23. | |
Worksport has a frail financial position based on the latest SEC disclosures | |
Latest headline from finance.yahoo.com: Worksport Accelerates RD Expansion and Clean-Tech Commercialization Amid Record Growth |
Worksport uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Worksport. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Worksport's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
29th of March 2024 Upcoming Quarterly Report | View | |
31st of December 2023 Next Fiscal Quarter End | View |
Worksport Target Price Consensus
Worksport target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Worksport's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
3 | Strong Buy |
Most Worksport analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Worksport stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Worksport, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationWorksport Target Price Projection
Worksport's current and average target prices are 3.89 and 11.00, respectively. The current price of Worksport is the price at which Worksport is currently trading. On the other hand, Worksport's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Worksport Target Price
Know Worksport's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Worksport is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Worksport backward and forwards among themselves. Worksport's institutional investor refers to the entity that pools money to purchase Worksport's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Huntington National Bank | 2025-03-31 | 257 | Blackrock Inc | 2025-03-31 | 111 | Sbi Securities Co Ltd | 2025-03-31 | 96.0 | Royal Bank Of Canada | 2025-03-31 | 67.0 | Jpmorgan Chase & Co | 2025-03-31 | 61.0 | Morgan Stanley - Brokerage Accounts | 2025-03-31 | 38.0 | Bank Of America Corp | 2025-03-31 | 34.0 | State Street Corp | 2025-03-31 | 0.0 | Jane Street Group Llc | 2025-03-31 | 0.0 | Armistice Capital, Llc | 2025-03-31 | 360.5 K | Vanguard Group Inc | 2025-03-31 | 62.1 K |
Follow Worksport's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 22.26 M.Market Cap |
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Project Worksport's profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.65) | (0.68) | |
Return On Capital Employed | (0.69) | (0.72) | |
Return On Assets | (0.63) | (0.66) | |
Return On Equity | (0.93) | (0.97) |
When accessing Worksport's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Worksport's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Worksport's profitability and make more informed investment decisions.
Evaluate Worksport's management efficiency
Worksport has return on total asset (ROA) of (0.3728) % which means that it has lost $0.3728 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.8666) %, meaning that it created substantial loss on money invested by shareholders. Worksport's management efficiency ratios could be used to measure how well Worksport manages its routine affairs as well as how well it operates its assets and liabilities. As of 07/21/2025, Return On Tangible Assets is likely to drop to -0.68. In addition to that, Return On Capital Employed is likely to drop to -0.72. As of 07/21/2025, Total Current Liabilities is likely to grow to about 3.3 M. Also, Liabilities And Stockholders Equity is likely to grow to about 27 MLast Reported | Projected for Next Year | ||
Book Value Per Share | 6.29 | 6.60 | |
Tangible Book Value Per Share | 5.95 | 6.24 | |
Enterprise Value Over EBITDA | (1.92) | (2.01) | |
Price Book Value Ratio | 1.46 | 1.39 | |
Enterprise Value Multiple | (1.92) | (2.01) | |
Price Fair Value | 1.46 | 1.39 | |
Enterprise Value | 26.2 M | 24.9 M |
Leadership at Worksport emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Enterprise Value Revenue 2.0238 | Revenue | Quarterly Revenue Growth 3.37 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Worksport insiders, such as employees or executives, is commonly permitted as long as it does not rely on Worksport's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Worksport insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Worksport time-series forecasting models is one of many Worksport's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Worksport's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Worksport Earnings per Share Projection vs Actual
Worksport Corporate Management
Nilay Choksi | General Counsel | Profile | |
Steven Rossi | President, Chairman | Profile | |
Chris Bernaudo | Chief Officer | Profile | |
Steven Raivio | Executive Sales | Profile |
Already Invested in Worksport?
The danger of trading Worksport is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Worksport is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Worksport. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Worksport is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Worksport Stock Analysis
When running Worksport's price analysis, check to measure Worksport's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Worksport is operating at the current time. Most of Worksport's value examination focuses on studying past and present price action to predict the probability of Worksport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worksport's price. Additionally, you may evaluate how the addition of Worksport to your portfolios can decrease your overall portfolio volatility.