Worksport Ltd. () Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Comparison

Company

Score

Quality

Valuation

Financial

Technical

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Worksport Ltd.

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AYRO, Inc.

China Yuchai International Ltd.

Why is Worksport Ltd. ?

Poor Management Efficiency with a low ROE of 0%

The company has reported losses. Due to this company has reported negative ROE

The company has declared Positive results for the last 6 consecutive quarters

RAW MATERIAL COST(Y) Fallen by -993.1% (YoY)
NET SALES(Q) Highest at USD 4.1 MM
OPERATING PROFIT(Q) Highest at USD -3.18 MM

Risky - Negative EBITDA

The stock is trading risky as compared to its average historical valuations
Over the past year, while the stock has generated a return of -63.12%, its profits have fallen by -11.9%

Majority shareholders : Mutual Funds

Below par performance in long term as well as near term

Along with generating -63.12% returns in the last 1 year, the stock has also underperformed S&P 500 in the last 3 years, 1 year and 3 months

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Worksport Ltd. should be less than 10%
Overall Portfolio exposure to Auto Components & Equipments should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Auto Components & Equipments)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Worksport Ltd. for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Worksport Ltd.

-49.87%

-0.06

992.90%

S&P 500

13.22%

0.61

20.17%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

52.77%

EBIT Growth (5y)

-270.76%

EBIT to Interest (avg)

-11.15

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

-0.09

Sales to Capital Employed (avg)

0.21

Tax Ratio

Dividend Payout Ratio

Pledged Shares

Institutional Holding

15.92%

ROCE (avg)

ROE (avg)

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

0.84

EV to EBIT

-0.93

EV to EBITDA

-1.05

EV to Capital Employed

0.82

EV to Sales

1.46

PEG Ratio

Dividend Yield

ROCE (Latest)

-88.28%

ROE (Latest)

-84.01%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

22What is working for the Company

RAW MATERIAL COST(Y)

Fallen by -993.1% (YoY

NET SALES(Q)

Highest at USD 4.1 MM

OPERATING PROFIT(Q)

Highest at USD -3.18 MM

OPERATING PROFIT MARGIN(Q)

Highest at -77.36 %

PRE-TAX PROFIT(Q)

Highest at USD -3.73 MM

NET PROFIT(Q)

Highest at USD -3.73 MM

EPS(Q)

Highest at USD -0.71

-4What is not working for the Company

INTEREST(9M)

At USD 0.56 MM has Grown at 38.09%

ROCE(HY)

Lowest at -91.21%

Here's what is working for Worksport Ltd.

Net Sales

At USD 4.1 MM has Grown at 113.63%

Year on Year (YoY)

MOJO Watch

Near term sales trend is extremely positive

Net Sales (USD MM)

Net Sales

Highest at USD 4.1 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (USD MM)

Operating Profit

Highest at USD -3.18 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (USD MM)

Operating Profit Margin

Highest at -77.36 %

in the last five periods

MOJO Watch

Company's profit margin has improved

Operating Profit to Sales

Pre-Tax Profit

Highest at USD -3.73 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (USD MM)

Net Profit

Highest at USD -3.73 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (USD MM)

EPS

Highest at USD -0.71

in the last five periods

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (USD)

Raw Material Cost

Fallen by -993.1% (YoY)

MOJO Watch

The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Here's what is not working for Worksport Ltd.

Interest

At USD 0.56 MM has Grown at 38.09%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (USD MM)