Workhorse Return On Asset vs. Price To Book
| WKHS Stock | USD 1.00 0.03 2.91% |
For Workhorse profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Workhorse to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Workhorse Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Workhorse's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Workhorse Group over time as well as its relative position and ranking within its peers.
Workhorse |
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Workhorse. If investors know Workhorse will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Workhorse listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 190.435 | Earnings Share (7.77) | Revenue Per Share 0.666 | Quarterly Revenue Growth (0.79) | Return On Assets (0.44) |
The market value of Workhorse Group is measured differently than its book value, which is the value of Workhorse that is recorded on the company's balance sheet. Investors also form their own opinion of Workhorse's value that differs from its market value or its book value, called intrinsic value, which is Workhorse's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Workhorse's market value can be influenced by many factors that don't directly affect Workhorse's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Workhorse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Workhorse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workhorse's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Workhorse Group Price To Book vs. Return On Asset Fundamental Analysis
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. Workhorse Group is rated below average in return on asset category among its peers. It is rated below average in price to book category among its peers . Price To Book Ratio is likely to drop to 0.85 in 2024. 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 Price To Book vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Workhorse |
| = | -0.44 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Workhorse |
| = | 0.87 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Workhorse Price To Book Comparison
Workhorse is currently under evaluation in price to book category among its peers.
Workhorse Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Workhorse, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Workhorse will eventually generate negative long term returns. The profitability progress is the general direction of Workhorse's change in net profit over the period of time. It can combine multiple indicators of Workhorse, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -1.3 M | -1.3 M | |
| Operating Income | -105.3 M | -100 M | |
| Net Loss | -123.9 M | -117.7 M | |
| Income Tax Expense | -110.5 K | -105 K | |
| Income Before Tax | -124 M | -117.8 M | |
| Total Other Income Expense Net | -18.7 M | -19.7 M | |
| Net Loss | -117.3 M | -111.5 M | |
| Net Loss | -105.5 M | -100.3 M | |
| Interest Income | 33.5 M | 35.2 M | |
| Net Interest Income | 3.4 M | 3.6 M | |
| Change To Netincome | 34.7 M | 36.4 M | |
| Net Loss | (11.96) | (12.55) | |
| Income Quality | 0.99 | 1.04 | |
| Net Income Per E B T | 1.00 | 0.62 |
Workhorse Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Workhorse. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Workhorse position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Workhorse's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Workhorse without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Price Transformation Now
Price TransformationUse Price Transformation models to analyze the depth of different equity instruments across global markets |
| All Next | Launch Module |
Use Investing Themes to Complement your Workhorse position
In addition to having Workhorse in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Growth Funds Theme or any other thematic opportunities.
| View All Next | Launch |
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.