WKSP Stock Overview
Through its subsidiary, designs and distributes truck tonneau covers in Canada and the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Worksport Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.93 |
| 52 Week High | US$1.54 |
| 52 Week Low | US$0.36 |
| Beta | 0.45 |
| 1 Month Change | 1.08% |
| 3 Month Change | 33.01% |
| 1 Year Change | -31.12% |
| 3 Year Change | -56.14% |
| 5 Year Change | -3.14% |
| Change since IPO | -94.04% |
Recent News & Updates
Recent updates
Increases to Worksport Ltd.'s (NASDAQ:WKSP) CEO Compensation Might Cool off for now
Nov 29
Health Check: How Prudently Does Worksport (NASDAQ:WKSP) Use Debt?
Sep 27Is Worksport (NASDAQ:WKSP) Using Debt Sensibly?
May 11Worksport expects $350K-$450K revenue from pre-order sales of SOLIS, COR
Aug 18An Intrinsic Calculation For Worksport Ltd. (NASDAQ:WKSP) Suggests It's 45% Undervalued
Feb 16Calculating The Intrinsic Value Of Worksport Ltd. (NASDAQ:WKSP)
Oct 28Shareholder Returns
| WKSP | US Auto Components | US Market | |
|---|---|---|---|
| 7D | 2.2% | -3.6% | -0.9% |
| 1Y | -31.1% | -18.5% | 22.6% |
Return vs Industry: WKSP underperformed the US Auto Components industry which returned -16.7% over the past year.
Return vs Market: WKSP underperformed the US Market which returned 24.3% over the past year.
Price Volatility
| WKSP volatility | |
|---|---|
| WKSP Average Weekly Movement | 16.8% |
| Auto Components Industry Average Movement | 5.6% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 18.7% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: WKSP's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: WKSP's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 71 | Steve Rossi | www.worksport.com |
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 covers. It also offers energy products, such as Worksport SOLIS, a tonneau cover with integrated solar panels; and Worksport COR energy storage system, a modular, portable power station.
Worksport Ltd. Fundamentals Summary
| WKSP fundamental statistics | |
|---|---|
| Market cap | US$32.58m |
| Earnings (TTM) | -US$15.52m |
| Revenue (TTM) | US$6.40m |
4.8x
P/S Ratio-2.0x
P/E RatioIs WKSP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WKSP income statement (TTM) | |
|---|---|
| Revenue | US$6.40m |
| Cost of Revenue | US$5.72m |
| Gross Profit | US$673.35k |
| Other Expenses | US$16.20m |
| Earnings | -US$15.52m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.47 |
| Gross Margin | 10.53% |
| Net Profit Margin | -242.69% |
| Debt/Equity Ratio | 32.6% |
How did WKSP perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 10:58 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Worksport Ltd. is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Charles Fratt | Alliance Global Partners |
| Scott Buck | H.C. Wainwright & Co. |
| Tate Sullivan | Maxim Group |