WORKHORSE GROUP INC (WKHS) Fundamental Analysis & Valuation

NASDAQ:WKHS • US98138J5039

Current stock price

3.11 USD
-0.04 (-1.27%)
At close:
3.05 USD
-0.06 (-1.93%)
After Hours:

This WKHS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

0

1. WKHS Profitability Analysis

1.1 Basic Checks

  • WKHS had negative earnings in the past year.
  • In the past year WKHS has reported a negative cash flow from operations.
  • WKHS had negative earnings in 4 of the past 5 years.
  • In the past 5 years WKHS always reported negative operating cash flow.
WKHS Yearly Net Income VS EBIT VS OCF VS FCFWKHS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100M -200M -300M -400M

1.2 Ratios

  • With a Return On Assets value of -55.19%, WKHS is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
  • WKHS's Return On Equity of -200.91% is on the low side compared to the rest of the industry. WKHS is outperformed by 62.86% of its industry peers.
Industry RankSector Rank
ROA -55.19%
ROE -200.91%
ROIC N/A
ROA(3y)-86.71%
ROA(5y)-85.01%
ROE(3y)-162.31%
ROE(5y)-139.8%
ROIC(3y)N/A
ROIC(5y)N/A
WKHS Yearly ROA, ROE, ROICWKHS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -500 -1K

1.3 Margins

  • The Profit Margin and Operating Margin and Gross Margin are not available for WKHS so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
WKHS Yearly Profit, Operating, Gross MarginsWKHS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10K 20K 30K 40K

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. WKHS Health Analysis

2.1 Basic Checks

  • WKHS does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, WKHS has more shares outstanding
  • The number of shares outstanding for WKHS has been increased compared to 5 years ago.
  • The debt/assets ratio for WKHS has been reduced compared to a year ago.
WKHS Yearly Shares OutstandingWKHS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100K 200K 300K
WKHS Yearly Total Debt VS Total AssetsWKHS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

  • Based on the Altman-Z score of -12.01, we must say that WKHS is in the distress zone and has some risk of bankruptcy.
  • WKHS's Altman-Z score of -12.01 is on the low side compared to the rest of the industry. WKHS is outperformed by 71.43% of its industry peers.
  • A Debt/Equity ratio of 1.01 is on the high side and indicates that WKHS has dependencies on debt financing.
  • The Debt to Equity ratio of WKHS (1.01) is worse than 60.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.01
Debt/FCF N/A
Altman-Z -12.01
ROIC/WACCN/A
WACC9.34%
WKHS Yearly LT Debt VS Equity VS FCFWKHS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M 300M

2.3 Liquidity

  • WKHS has a Current Ratio of 1.21. This is a normal value and indicates that WKHS is financially healthy and should not expect problems in meeting its short term obligations.
  • WKHS has a Current ratio (1.21) which is in line with its industry peers.
  • A Quick Ratio of 0.71 indicates that WKHS may have some problems paying its short term obligations.
  • WKHS's Quick ratio of 0.71 is on the low side compared to the rest of the industry. WKHS is outperformed by 62.86% of its industry peers.
Industry RankSector Rank
Current Ratio 1.21
Quick Ratio 0.71
WKHS Yearly Current Assets VS Current LiabilitesWKHS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. WKHS Growth Analysis

3.1 Past

  • WKHS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 81.61%, which is quite impressive.
  • The Revenue has grown by 16.74% in the past year. This is quite good.
  • The Revenue has been growing by 77.08% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)81.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%86.12%
Revenue 1Y (TTM)16.74%
Revenue growth 3YN/A
Revenue growth 5Y77.08%
Sales Q2Q%-4.94%

3.2 Future

  • The Earnings Per Share is expected to grow by 40.23% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 47.01% on average over the next years. This is a very strong growth
EPS Next Y92.31%
EPS Next 2Y40.23%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year61.29%
Revenue Next 2Y47.01%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
WKHS Yearly Revenue VS EstimatesWKHS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 5M 10M 15M
WKHS Yearly EPS VS EstimatesWKHS Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 2K -2K -4K -6K -8K

More info and screens

Find the best growth stocksShow best growing peers

1

4. WKHS Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for WKHS. In the last year negative earnings were reported.
  • Also next year WKHS is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
WKHS Price Earnings VS Forward Price EarningsWKHS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30 40

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
WKHS Per share dataWKHS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -50 -100 -150 -200

4.3 Compensation for Growth

  • WKHS's earnings are expected to grow with 40.23% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y40.23%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. WKHS Dividend Analysis

5.1 Amount

  • No dividends for WKHS!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

WKHS Fundamentals: All Metrics, Ratios and Statistics

WORKHORSE GROUP INC

NASDAQ:WKHS (3/19/2026, 6:37:18 PM)

After market: 3.05 -0.06 (-1.93%)

3.11

-0.04 (-1.27%)

Chartmill FA Rating
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)11-10
Earnings (Next)03-30
Inst Owners0.93%
Inst Owner Change-92.65%
Ins Owners0.02%
Ins Owner Change0%
Market Cap27.37M
Revenue(TTM)10.62M
Net Income(TTM)-64.43M
Analysts45.71
Price Target7.96 (155.95%)
Short Float %15.15%
Short Ratio3.22
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)21.96%
Min EPS beat(2)-14.94%
Max EPS beat(2)58.86%
EPS beat(4)1
Avg EPS beat(4)-21.99%
Min EPS beat(4)-98.39%
Max EPS beat(4)58.86%
EPS beat(8)2
Avg EPS beat(8)-26.42%
EPS beat(12)4
Avg EPS beat(12)-18.27%
EPS beat(16)4
Avg EPS beat(16)-65.33%
Revenue beat(2)1
Avg Revenue beat(2)59.79%
Min Revenue beat(2)-22.06%
Max Revenue beat(2)141.65%
Revenue beat(4)1
Avg Revenue beat(4)1.8%
Min Revenue beat(4)-73.26%
Max Revenue beat(4)141.65%
Revenue beat(8)2
Avg Revenue beat(8)-17.02%
Revenue beat(12)2
Avg Revenue beat(12)-37.63%
Revenue beat(16)2
Avg Revenue beat(16)-203.4%
PT rev (1m)0%
PT rev (3m)1100%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1100%
EPS NY rev (1m)0%
EPS NY rev (3m)-1100%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 2.58
P/FCF N/A
P/OCF N/A
P/B 0.85
P/tB 0.85
EV/EBITDA N/A
EPS(TTM)-225.6
EYN/A
EPS(NY)-26.32
Fwd EYN/A
FCF(TTM)-3.7
FCFYN/A
OCF(TTM)-3.69
OCFYN/A
SpS1.21
BVpS3.64
TBVpS3.64
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -55.19%
ROE -200.91%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-86.71%
ROA(5y)-85.01%
ROE(3y)-162.31%
ROE(5y)-139.8%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.09
Health
Industry RankSector Rank
Debt/Equity 1.01
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 0.49%
Cap/Sales 0.35%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.21
Quick Ratio 0.71
Altman-Z -12.01
F-Score5
WACC9.34%
ROIC/WACCN/A
Cap/Depr(3y)469.58%
Cap/Depr(5y)478.83%
Cap/Sales(3y)184.25%
Cap/Sales(5y)317.94%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)81.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%86.12%
EPS Next Y92.31%
EPS Next 2Y40.23%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)16.74%
Revenue growth 3YN/A
Revenue growth 5Y77.08%
Sales Q2Q%-4.94%
Revenue Next Year61.29%
Revenue Next 2Y47.01%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y36.59%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year60.96%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y77.98%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y73.67%
OCF growth 3YN/A
OCF growth 5YN/A

WORKHORSE GROUP INC / WKHS Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for WORKHORSE GROUP INC?

ChartMill assigns a fundamental rating of 2 / 10 to WKHS.


Can you provide the valuation status for WORKHORSE GROUP INC?

ChartMill assigns a valuation rating of 1 / 10 to WORKHORSE GROUP INC (WKHS). This can be considered as Overvalued.


Can you provide the profitability details for WORKHORSE GROUP INC?

WORKHORSE GROUP INC (WKHS) has a profitability rating of 0 / 10.


Can you provide the financial health for WKHS stock?

The financial health rating of WORKHORSE GROUP INC (WKHS) is 1 / 10.