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- Market Cap.:
- $50.22 million
- Book Value:
- Revenue TTM:
- Operating Margin TTM:
- Gross Profit TTM:
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Worksport Ltd had its IPO on 2003-07-15 under the ticker symbol WKSP.
The company operates in the Consumer Cyclical sector and Auto Parts industry. Worksport Ltd has a staff strength of 21 employees.
Shares of Worksport Ltd opened at $2.89 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $2.8 - $2.9, and closed at $2.83.
This is a 0% increase from the previous day's closing price.
A total volume of 30,464 shares were traded at the close of the day’s session.
In the last one week, shares of Worksport Ltd have slipped by -1.74%.
Worksport Ltd's Key Ratios
Worksport Ltd has a market cap of $50.22 million, indicating a price to book ratio of 0.9511 and a price to sales ratio of 281.9474.
In the last 12-months Worksport Ltd’s revenue was $289189 with a gross profit of $-46952 and an EBITDA of $-13150479. The EBITDA ratio measures Worksport Ltd's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Worksport Ltd’s operating margin was -4822.46% while its return on assets stood at -26.73% with a return of equity of -56%.
In Q2, Worksport Ltd’s quarterly earnings growth was a positive 0% while revenue growth was a positive 1667.8%.
Worksport Ltd’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $-0.79 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Worksport Ltd’s profitability.
Worksport Ltd stock is trading at a EV to sales ratio of 168.9502 and a EV to EBITDA ratio of -1.3334. Its price to sales ratio in the trailing 12-months stood at 281.9474.
Worksport Ltd stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $26.99 million
- Total Liabilities
- $6.90 million
- Operating Cash Flow
- Capital Expenditure
- $1.51 million
- Dividend Payout Ratio
Worksport Ltd ended 2023 with $26.99 million in total assets and $0 in total liabilities. Its intangible assets were valued at $26.99 million while shareholder equity stood at $19.40 million.
Worksport Ltd ended 2023 with $0 in deferred long-term liabilities, $6.90 million in other current liabilities, 1742.00 in common stock, $-40704944.00 in retained earnings and $0 in goodwill. Its cash balance stood at $5.90 million and cash and short-term investments were $5.90 million. The company’s total short-term debt was $5,693,118 while long-term debt stood at $0.
Worksport Ltd’s total current assets stands at $10.45 million while long-term investments were $90731.00 and short-term investments were $0. Its net receivables were $627719.00 compared to accounts payable of $1.20 million and inventory worth $2.88 million.
In 2023, Worksport Ltd's operating cash flow was $-1509817.00 while its capital expenditure stood at $1.51 million.
Comparatively, Worksport Ltd paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Worksport Ltd stock is currently trading at $2.83 per share. It touched a 52-week high of $4.33 and a 52-week low of $4.33. Analysts tracking the stock have a 12-month average target price of $3.
Its 50-day moving average was $3.09 and 200-day moving average was $2.07 The short ratio stood at 1.9 indicating a short percent outstanding of 0%.
Around 2119.3% of the company’s stock are held by insiders while 670.6% are held by institutions.
Frequently Asked Questions About Worksport Ltd
Similar Industry Stocks (Auto Parts)
Worksport Ltd., through its subsidiary, designs and distributes truck tonneau covers in Canada and the United States. The company offers soft tonneau covers, such as vinyl wrapped tri- and quad-fold tonneau covers; and hard tonneau covers, including tri- and quad-fold, aluminum flush-mounted, and top-mounted folding tonneau covers. It also offers Worksport SOLIS, a tonneau cover with integrated solar panels; and Worksport COR energy storage system, a modular, portable power station. The company also sells its products through online retail channels. The company was formerly known as Franchise Holdings International, Inc. and changed its name to Worksport Ltd. in May 2020. Worksport Ltd. is based in West Seneca, New York.