Workhorse Group Stock Fundamentals
| WKHS Stock | USD 1.03 0.04 3.74% |
Workhorse Group fundamentals help investors to digest information that contributes to Workhorse's financial success or failures. It also enables traders to predict the movement of Workhorse Stock. The fundamental analysis module provides a way to measure Workhorse's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Workhorse stock.
At this time, Workhorse's Interest Income is comparatively stable compared to the past year. Net Interest Income is likely to gain to about 3.6 M in 2024, despite the fact that EBIT is likely to grow to (109.5 M). Workhorse | Select Account or Indicator |
Workhorse Group Company Shares Owned By Insiders Analysis
Workhorse's Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
More About Shares Owned By Insiders | All Equity Analysis
Insiders Shares | = | Executives Shares | + | Employees |
Current Workhorse Shares Owned By Insiders | 4.08 % |
Most of Workhorse's fundamental indicators, such as Shares Owned By Insiders, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Workhorse Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
| Competition |
Based on the latest financial disclosure, 4.08% of Workhorse Group are shares owned by insiders. This is 70.43% lower than that of the Automobile Components sector and 52.5% lower than that of the Consumer Discretionary industry. The shares owned by insiders for all United States stocks is 59.56% higher than that of the company.
Workhorse Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Workhorse's current stock value. Our valuation model uses many indicators to compare Workhorse value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Workhorse competition to find correlations between indicators driving Workhorse's intrinsic value. More Info.Workhorse Group is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Workhorse's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Workhorse by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Workhorse Shares Owned By Insiders Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Workhorse's direct or indirect competition against its Shares Owned By Insiders to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Workhorse could also be used in its relative valuation, which is a method of valuing Workhorse by comparing valuation metrics of similar companies.Workhorse is currently under evaluation in shares owned by insiders category among its peers.
Workhorse Current Valuation Drivers
We derive many important indicators used in calculating different scores of Workhorse from analyzing Workhorse's financial statements. These drivers represent accounts that assess Workhorse's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Workhorse's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 195.5M | 1.8B | 561.0M | 74.6M | 67.2M | 63.8M | |
| Enterprise Value | 210.7M | 2.0B | 385.6M | 77.8M | 70.0M | 66.5M |
Workhorse Fundamentals
| Return On Equity | -1.58 | ||||
| Return On Asset | -0.44 | ||||
| Operating Margin | (24.36) % | ||||
| Current Valuation | 63.09 M | ||||
| Shares Outstanding | 40.98 M | ||||
| Shares Owned By Insiders | 4.08 % | ||||
| Shares Owned By Institutions | 21.41 % | ||||
| Number Of Shares Shorted | 5.97 M | ||||
| Price To Earning | 2.99 X | ||||
| Price To Book | 0.91 X | ||||
| Price To Sales | 4.73 X | ||||
| Revenue | 13.09 M | ||||
| Gross Profit | (32.65 M) | ||||
| EBITDA | (111.24 M) | ||||
| Net Income | (123.92 M) | ||||
| Cash And Equivalents | 140.06 M | ||||
| Cash Per Share | 0.86 X | ||||
| Total Debt | 29.02 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 9.30 X | ||||
| Book Value Per Share | 5.81 X | ||||
| Cash Flow From Operations | (123.02 M) | ||||
| Short Ratio | 5.00 X | ||||
| Earnings Per Share | (7.77) X | ||||
| Target Price | 1.13 | ||||
| Number Of Employees | 298 | ||||
| Beta | 2.55 | ||||
| Market Capitalization | 45.49 M | ||||
| Total Asset | 141.67 M | ||||
| Retained Earnings | (751.57 M) | ||||
| Working Capital | 40.54 M | ||||
| Current Asset | 10.91 M | ||||
| Current Liabilities | 18.42 M | ||||
| Net Asset | 141.67 M |
About Workhorse Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Workhorse Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Workhorse using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Workhorse Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 4.7 M | 2.5 M | |
| Cost Of Revenue | 38.4 M | 21.7 M | |
| Total Revenue | 13.1 M | 13.7 M | |
| Stock Based Compensation To Revenue | 1.03 | 0.97 | |
| Sales General And Administrative To Revenue | 4.08 | 3.88 | |
| Research And Ddevelopement To Revenue | 1.87 | 1.78 | |
| Capex To Revenue | 1.43 | 1.50 | |
| Revenue Per Share | 1.26 | 0.77 | |
| Ebit Per Revenue | (8.04) | (7.64) |
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Additional Tools for Workhorse Stock Analysis
When running Workhorse's price analysis, check to measure Workhorse'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 Workhorse is operating at the current time. Most of Workhorse's value examination focuses on studying past and present price action to predict the probability of Workhorse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workhorse's price. Additionally, you may evaluate how the addition of Workhorse to your portfolios can decrease your overall portfolio volatility.