4.82 USD
0 (0%)
We assign a fundamental rating of 2 out of 10 to WKHS. WKHS was compared to 35 industry peers in the Automobiles industry. WKHS has a bad profitability rating. Also its financial health evaluation is rather negative. WKHS is valued quite expensive, but it does show an excellent growth.
1. Profitability
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.
1.2 Ratios
- WKHS's Return On Assets of -55.19% is on the low side compared to the rest of the industry. WKHS is outperformed by 68.57% of its industry peers.
- Looking at the Return On Equity, with a value of -200.91%, WKHS is doing worse than 62.86% of the companies in the same industry.
| Industry Rank | Sector 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
1.3 Margins
- WKHS does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector 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
2. Health
2.1 Basic Checks
- WKHS does not have a ROIC to compare to the WACC, probably because it is not profitable.
- WKHS has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, WKHS has more shares outstanding
- The debt/assets ratio for WKHS has been reduced compared to a year ago.
2.2 Solvency
- WKHS has an Altman-Z score of -11.32. This is a bad value and indicates that WKHS is not financially healthy and even has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of -11.32, WKHS is doing worse than 65.71% of the companies in the same industry.
- A Debt/Equity ratio of 1.01 is on the high side and indicates that WKHS has dependencies on debt financing.
- WKHS has a worse Debt to Equity ratio (1.01) than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -11.32 |
ROIC/WACCN/A
WACC9.51%
2.3 Liquidity
- A Current Ratio of 1.21 indicates that WKHS should not have too much problems paying its short term obligations.
- The Current ratio of WKHS (1.21) is comparable to the rest of the industry.
- A Quick Ratio of 0.71 indicates that WKHS may have some problems paying its short term obligations.
- WKHS has a worse Quick ratio (0.71) than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 81.61% over the past year.
- Looking at the last year, WKHS shows a quite strong growth in Revenue. The Revenue has grown by 16.74% in the last year.
- Measured over the past years, WKHS shows a very strong growth in Revenue. The Revenue has been growing by 77.08% on average per year.
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
- Based on estimates for the next years, WKHS will show a very strong growth in Earnings Per Share. The EPS will grow by 40.23% on average per year.
- WKHS is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 47.01% yearly.
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
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- A more expensive valuation may be justified as WKHS's earnings are expected to grow with 40.23% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y40.23%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- WKHS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
WORKHORSE GROUP INC / WKHS 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.