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WORKSPORT LTD (WKSP) Stock Fundamental Analysis

USA - NASDAQ:WKSP - US98139Q3083 - Common Stock

2.72 USD
+0.04 (+1.49%)
Last: 11/7/2025, 8:26:45 PM
2.73 USD
+0.01 (+0.37%)
After Hours: 11/7/2025, 8:26:45 PM
Fundamental Rating

3

Overall WKSP gets a fundamental rating of 3 out of 10. We evaluated WKSP against 82 industry peers in the Automobile Components industry. WKSP has a bad profitability rating. Also its financial health evaluation is rather negative. WKSP is valued quite expensive, but it does show an excellent growth.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

In the past year WKSP has reported negative net income.
In the past year WKSP has reported a negative cash flow from operations.
In the past 5 years WKSP always reported negative net income.
In the past 5 years WKSP always reported negative operating cash flow.
WKSP Yearly Net Income VS EBIT VS OCF VS FCFWKSP Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -5M -10M -15M

1.2 Ratios

WKSP has a worse Return On Assets (-70.53%) than 96.34% of its industry peers.
WKSP has a Return On Equity of -96.04%. This is amonst the worse of the industry: WKSP underperforms 89.02% of its industry peers.
Industry RankSector Rank
ROA -70.53%
ROE -96.04%
ROIC N/A
ROA(3y)-52.86%
ROA(5y)-48.59%
ROE(3y)-75.63%
ROE(5y)-190%
ROIC(3y)N/A
ROIC(5y)N/A
WKSP Yearly ROA, ROE, ROICWKSP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -5K -10K -15K -20K -25K

1.3 Margins

WKSP's Gross Margin of 16.54% is on the low side compared to the rest of the industry. WKSP is outperformed by 76.83% of its industry peers.
In the last couple of years the Gross Margin of WKSP has declined.
The Profit Margin and Operating Margin are not available for WKSP so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 16.54%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-3.01%
WKSP Yearly Profit, Operating, Gross MarginsWKSP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -2K -4K -6K -8K -10K

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3

2. Health

2.1 Basic Checks

WKSP does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for WKSP has been increased compared to 1 year ago.
Compared to 5 years ago, WKSP has more shares outstanding
The debt/assets ratio for WKSP has been reduced compared to a year ago.
WKSP Yearly Shares OutstandingWKSP Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M
WKSP Yearly Total Debt VS Total AssetsWKSP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M

2.2 Solvency

Based on the Altman-Z score of -4.03, we must say that WKSP is in the distress zone and has some risk of bankruptcy.
WKSP has a worse Altman-Z score (-4.03) than 90.24% of its industry peers.
A Debt/Equity ratio of 0.12 indicates that WKSP is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.12, WKSP belongs to the top of the industry, outperforming 86.59% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF N/A
Altman-Z -4.03
ROIC/WACCN/A
WACC9.87%
WKSP Yearly LT Debt VS Equity VS FCFWKSP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M 20M 30M

2.3 Liquidity

WKSP has a Current Ratio of 2.27. This indicates that WKSP is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of WKSP (2.27) is better than 79.27% of its industry peers.
A Quick Ratio of 0.70 indicates that WKSP may have some problems paying its short term obligations.
WKSP has a worse Quick ratio (0.70) than 89.02% of its industry peers.
Industry RankSector Rank
Current Ratio 2.27
Quick Ratio 0.7
WKSP Yearly Current Assets VS Current LiabilitesWKSP Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M

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7

3. Growth

3.1 Past

The earnings per share for WKSP have decreased strongly by -591.79% in the last year.
WKSP shows a strong growth in Revenue. In the last year, the Revenue has grown by 454.68%.
WKSP shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 34.47% yearly.
EPS 1Y (TTM)-591.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)454.68%
Revenue growth 3Y204.67%
Revenue growth 5Y34.47%
Sales Q2Q%60.62%

3.2 Future

WKSP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 31.57% yearly.
The Revenue is expected to grow by 114.03% on average over the next years. This is a very strong growth
EPS Next Y54.76%
EPS Next 2Y31.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year143.54%
Revenue Next 2Y114.03%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
WKSP Yearly Revenue VS EstimatesWKSP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 10M 20M 30M
WKSP Yearly EPS VS EstimatesWKSP Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 -2 -4 -6 -8

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1

4. Valuation

4.1 Price/Earnings Ratio

WKSP reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year WKSP 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
WKSP Price Earnings VS Forward Price EarningsWKSP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
WKSP Per share dataWKSP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 -4

4.3 Compensation for Growth

A more expensive valuation may be justified as WKSP's earnings are expected to grow with 31.57% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y31.57%
EPS Next 3YN/A

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0

5. Dividend

5.1 Amount

No dividends for WKSP!.
Industry RankSector Rank
Dividend Yield N/A

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WORKSPORT LTD

NASDAQ:WKSP (11/7/2025, 8:26:45 PM)

After market: 2.73 +0.01 (+0.37%)

2.72

+0.04 (+1.49%)

Chartmill FA Rating
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)10-16 2025-10-16
Earnings (Next)01-19 2026-01-19/bmo
Inst Owners5.99%
Inst Owner Change16.72%
Ins Owners4.92%
Ins Owner Change0%
Market Cap18.06M
Revenue(TTM)8.48M
Net Income(TTM)-16.63M
Analysts82.22
Price Target10.54 (287.5%)
Short Float %5.23%
Short Ratio0.7
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)4.89%
Min EPS beat(2)-6.86%
Max EPS beat(2)16.64%
EPS beat(4)2
Avg EPS beat(4)4.16%
Min EPS beat(4)-6.86%
Max EPS beat(4)16.64%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-18.74%
Min Revenue beat(2)-40.99%
Max Revenue beat(2)3.51%
Revenue beat(4)2
Avg Revenue beat(4)-2.84%
Min Revenue beat(4)-40.99%
Max Revenue beat(4)27.55%
Revenue beat(8)3
Avg Revenue beat(8)-17.34%
Revenue beat(12)3
Avg Revenue beat(12)-34.66%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)1.84%
EPS NQ rev (3m)13.28%
EPS NY rev (1m)-7.02%
EPS NY rev (3m)11.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.23%
Revenue NY rev (1m)-4.4%
Revenue NY rev (3m)-1.16%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 1.46
P/FCF N/A
P/OCF N/A
P/B 1.04
P/tB 1.11
EV/EBITDA N/A
EPS(TTM)-5.84
EYN/A
EPS(NY)-1.57
Fwd EYN/A
FCF(TTM)-1.71
FCFYN/A
OCF(TTM)-1.6
OCFYN/A
SpS1.87
BVpS2.61
TBVpS2.45
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -70.53%
ROE -96.04%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 16.54%
FCFM N/A
ROA(3y)-52.86%
ROA(5y)-48.59%
ROE(3y)-75.63%
ROE(5y)-190%
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 5Y-3.01%
F-Score4
Asset Turnover0.53
Health
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 35.48%
Cap/Sales 5.8%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.27
Quick Ratio 0.7
Altman-Z -4.03
F-Score4
WACC9.87%
ROIC/WACCN/A
Cap/Depr(3y)879.39%
Cap/Depr(5y)857.16%
Cap/Sales(3y)3179.71%
Cap/Sales(5y)1983.73%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-591.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
EPS Next Y54.76%
EPS Next 2Y31.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)454.68%
Revenue growth 3Y204.67%
Revenue growth 5Y34.47%
Sales Q2Q%60.62%
Revenue Next Year143.54%
Revenue Next 2Y114.03%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-5.36%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year37.14%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y16.75%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-18.89%
OCF growth 3YN/A
OCF growth 5YN/A

WORKSPORT LTD / WKSP FAQ

What is the ChartMill fundamental rating of WORKSPORT LTD (WKSP) stock?

ChartMill assigns a fundamental rating of 3 / 10 to WKSP.


Can you provide the valuation status for WORKSPORT LTD?

ChartMill assigns a valuation rating of 1 / 10 to WORKSPORT LTD (WKSP). This can be considered as Overvalued.


How profitable is WORKSPORT LTD (WKSP) stock?

WORKSPORT LTD (WKSP) has a profitability rating of 0 / 10.


Can you provide the financial health for WKSP stock?

The financial health rating of WORKSPORT LTD (WKSP) is 3 / 10.