How big is Worksport Ltd.?

As of Jun 18, Worksport Ltd. has a market capitalization of 15.81 million and reported net sales of 10.21 million with a net profit of -16.90 million over the latest four quarters.

As of Jun 18, Worksport Ltd. has a market capitalization of 15.81 million, categorizing it as a Micro Cap company.<BR><BR>As of Jun 18, the sum of Net Sales for the latest four quarters is 10.21 million, while the sum of Net Profit for the same period is -16.90 million.<BR><BR>As of Dec 24, the reporting period shows Shareholder's Funds at 17.42 million and Total Assets at 25.74 million.

What does Worksport Ltd. do?

Worksport Ltd. is a micro-cap company in the auto components and equipment industry, reporting net sales of $2 million and a net loss of $4 million as of March 2025. It has a market cap of $15.81 million and key metrics indicating financial challenges, including a negative return on equity of -84.01%.

Overview: <BR>Worksport Ltd. operates in the auto components and equipment industry and is categorized as a micro-cap company.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 2 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -4 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 15.81 Million (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: NA (Loss Making) <BR>Industry P/E: NA <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.09 <BR>Return on Equity: -84.01% <BR>Price to Book: 0.79<BR><BR>Contact Details: <BR>Details: No Company Details Available <BR>Registrar Address: Not available.

Should I buy, sell or hold Worksport Ltd.?

Is Worksport Ltd. overvalued or undervalued?

As of February 6, 2024, Worksport Ltd. is rated as risky and overvalued due to negative earnings and significant financial distress, with key metrics indicating poor performance compared to peers and a year-to-date return of -63.15% against the S&P 500's 12.22%.

As of 6 February 2024, the valuation grade for Worksport Ltd. has moved from does not qualify to risky, indicating a more cautious outlook. The company is considered overvalued based on its financial metrics, particularly given its negative earnings and substantial losses reflected in its P/E ratio, which is not applicable due to the company being loss-making. Key ratios include a Price to Book Value of 0.84, an EV to EBITDA of -1.05, and a ROCE of -88.28%, all suggesting significant financial distress.<BR><BR>In comparison to peers, Worksport Ltd. shows a stark contrast with Cooper-Standard Holdings, which has a P/E of 19.94, and Motorcar Parts of America, which boasts an attractive P/E of 283.45. These comparisons highlight the challenges Worksport faces within its industry. Additionally, the company's stock has underperformed significantly against the S&P 500, with a year-to-date return of -63.15% compared to the S&P 500's 12.22%, reinforcing the notion that the stock is overvalued relative to its current financial performance.

Is Worksport Ltd. technically bullish or bearish?

As of September 5, 2025, Worksport Ltd. shows a mildly bearish technical trend with mixed signals across time frames, significantly underperforming the S&P 500 with a year-to-date return of -63.15% compared to the S&P's 12.22%.

As of 5 September 2025, the technical trend for Worksport Ltd. has changed from sideways to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD is also mildly bullish, indicating some positive momentum. However, the daily moving averages are bearish, suggesting short-term weakness. The Bollinger Bands show a mildly bullish signal on the weekly but a mildly bearish signal on the monthly, reflecting mixed signals across time frames. The KST is bullish weekly and mildly bullish monthly, while the Dow Theory indicates a mildly bearish stance on the monthly. Overall, the technical stance is mildly bearish, driven primarily by the bearish daily moving averages and the monthly Dow Theory signal.<BR><BR>In terms of multi-period returns, Worksport has significantly underperformed compared to the S&P 500, with a year-to-date return of -63.15% versus the S&P's 12.22%, and a 3-year return of -84.73% compared to the S&P's 70.41%.