Worksport Revenue vs. Current Valuation
| WKSP Stock | USD 0.83 0.01 0.60% |
Total Revenue | First Reported 2013-12-31 | Previous Quarter 1.9 M | Current Value 3.1 M | Quarterly Volatility 564 K |
For Worksport profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Worksport to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Worksport utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Worksport's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Worksport over time as well as its relative position and ranking within its peers.
Worksport |
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 Worksport. If investors know Worksport 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 Worksport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.66) | Revenue Per Share 0.179 | Quarterly Revenue Growth 8.615 | Return On Assets (0.35) | Return On Equity (0.80) |
The market value of Worksport is measured differently than its book value, which is the value of Worksport that is recorded on the company's balance sheet. Investors also form their own opinion of Worksport's value that differs from its market value or its book value, called intrinsic value, which is Worksport'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 Worksport's market value can be influenced by many factors that don't directly affect Worksport'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 Worksport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Worksport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Worksport'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.
Worksport Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Worksport's current stock value. Our valuation model uses many indicators to compare Worksport value to that of its competitors to determine the firm's financial worth. Worksport is rated below average in revenue category among its peers. It is rated below average in current valuation category among its peers reporting about 20.72 of Current Valuation per Revenue. At this time, Worksport's Total Revenue is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Worksport 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.Worksport Revenue vs. Competition
Worksport is rated below average in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is at this time estimated at about 64.69 Billion. Worksport adds roughly 1.53 Million in revenue claiming only tiny portion of stocks in Consumer Discretionary industry.
Worksport Current Valuation vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Worksport |
| = | 1.53 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Worksport |
| = | 31.7 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Worksport Current Valuation vs Competition
Worksport is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is at this time estimated at about 46.14 Billion. Worksport adds roughly 31.7 Million in current valuation claiming only tiny portion of stocks in Consumer Discretionary industry.
Worksport Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Worksport, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Worksport will eventually generate negative long term returns. The profitability progress is the general direction of Worksport's change in net profit over the period of time. It can combine multiple indicators of Worksport, 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 | 1.8 M | 1.9 M | |
| Operating Income | -14.7 M | -14 M | |
| Income Before Tax | -14.9 M | -14.2 M | |
| Total Other Income Expense Net | -192.3 K | -182.7 K | |
| Net Loss | -14.9 M | -14.2 M | |
| Income Tax Expense | 800.8 K | 840.8 K | |
| Net Interest Income | -376.9 K | -358 K | |
| Net Loss | -14.9 M | -14.2 M | |
| Net Loss | -11.3 M | -10.7 M | |
| Interest Income | 239.4 K | 125.2 K | |
| Change To Netincome | 4.9 M | 5.1 M | |
| Net Loss | (0.84) | (0.89) | |
| Income Quality | 0.80 | 0.84 | |
| Net Income Per E B T | 1.12 | 1.21 |
Worksport Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Worksport. 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 Worksport 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 Worksport's important profitability drivers and their relationship over time.
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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.