Worksport Valuation
| WKSP Stock | USD 0.84 0.03 3.70% |
Today, the company appears to be undervalued. Worksport maintains a prevalent Real Value of $1.36 per share. The last-minute price of the company is $0.84. Our model calculates the value of Worksport from examining the company fundamentals such as Shares Outstanding of 32.94 M, return on asset of -0.35, and Operating Margin of (2.03) % as well as analyzing its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Worksport's valuation include:
Price Book 1.6214 | Enterprise Value 30.7 M | Enterprise Value Ebitda (1.58) | Price Sales 7.1091 | Enterprise Value Revenue 4.7971 |
Undervalued
Today
Please note that Worksport's price fluctuation is abnormally volatile at this time. Calculation of the real value of Worksport is based on 3 months time horizon. Increasing Worksport's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Worksport's intrinsic value may or may not be the same as its current market price of 0.84, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.84 | Real 1.36 | Target 3.0 | Hype 0.8 |
The intrinsic value of Worksport's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Worksport's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Worksport helps investors to forecast how Worksport stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Worksport more accurately as focusing exclusively on Worksport's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Worksport's intrinsic value based on its ongoing forecasts of Worksport's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Worksport's closest peers.
Worksport Cash |
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Worksport Valuation Trend
Worksport's real value is important for investors to make better decisions and a more accurate overall view of Worksport's financial worth over time. Using both Worksport's enterprise value as well as its market capitalization is the best way to gauge the value of the company and is usually enough for investors to make market timing conclusions.
Worksport Total Value Analysis
Worksport is at this time projected to have valuation of 30.68 M with market capitalization of 26.53 M, debt of 6.24 M, and cash on hands of 20.94 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Worksport fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
30.68 M | 26.53 M | 6.24 M | 20.94 M |
Worksport Investor Information
The company has Price to Book (P/B) ratio of 1.62. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Worksport recorded a loss per share of 0.66. The entity last dividend was issued on the 29th of March 2019. The firm had 1:20 split on the 4th of August 2021. Based on the key indicators related to Worksport's liquidity, profitability, solvency, and operating efficiency, Worksport may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter.Worksport Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Worksport has an asset utilization ratio of 5.89 percent. This connotes that the Company is making $0.0589 for each dollar of assets. An increasing asset utilization means that Worksport is more efficient with each dollar of assets it utilizes for everyday operations.Worksport Ownership Allocation
Worksport retains a total of 32.94 Million outstanding shares. Worksport maintains 8.24 (%) of its outstanding shares held by insiders and 9.36 (%) owned by institutional investors. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.Worksport Profitability Analysis
The company reported the previous year's revenue of 1.53 M. Net Loss for the year was (14.93 M) with loss before overhead, payroll, taxes, and interest of (46.95 K).About Worksport Valuation
The stock valuation mechanism determines Worksport's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Worksport based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Worksport. We calculate exposure to Worksport's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Worksport's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 240.5 K | 252.5 K | |
| Pretax Profit Margin | (9.76) | (10.25) | |
| Operating Profit Margin | (9.63) | (10.12) | |
| Net Loss | (9.76) | (10.25) | |
| Gross Profit Margin | 0.16 | 0.31 |
Worksport Growth Indicators
Investing in growth stocks can be very risky. If the company such as Worksport does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 17.7 M |
Worksport Current Valuation Indicators
Worksport's valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Worksport's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Worksport, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Worksport's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Worksport's worth.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.