Worksport Ltd
NASDAQ:WKSP

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Worksport Ltd
NASDAQ:WKSP
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Price: 2.84 USD 0.35% Market Closed
Market Cap: 14m USD

Relative Value

The Relative Value of one WKSP stock under the Base Case scenario is 6.97 USD. Compared to the current market price of 2.84 USD, Worksport Ltd is Undervalued by 59%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

WKSP Relative Value
Base Case
6.97 USD
Undervaluation 59%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
98
vs Industry
0
Median 3Y
375
Median 5Y
662.7
Industry
0.9
Forward
0.5
vs History
vs Industry
Median 3Y
-18.7
Median 5Y
-29.1
Industry
17.2
Forward
-1
vs History
vs Industry
Median 3Y
-25.4
Median 5Y
-42.7
Industry
9.6
vs History
vs Industry
Median 3Y
-17.3
Median 5Y
-23.7
Industry
18
vs History
84
vs Industry
0
Median 3Y
11.4
Median 5Y
11.6
Industry
1.4
vs History
98
vs Industry
0
Median 3Y
378.2
Median 5Y
660.9
Industry
1.1
Forward
0.4
vs History
69
vs Industry
0
Median 3Y
556
Median 5Y
434.9
Industry
4.7
vs History
vs Industry
Median 3Y
-19.8
Median 5Y
-29
Industry
9
Forward
-1.2
vs History
vs Industry
Median 3Y
-18.5
Median 5Y
-28.4
Industry
13.8
Forward
-0.9
vs History
vs Industry
Median 3Y
-25.5
Median 5Y
-41
Industry
11.4
vs History
vs Industry
Median 3Y
-15.2
Median 5Y
-23.2
Industry
16.5
vs History
74
vs Industry
0
Median 3Y
13.9
Median 5Y
11.5
Industry
1.1

Multiples Across Competitors

WKSP Competitors Multiples
Worksport Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Worksport Ltd
NASDAQ:WKSP
13.6m USD 1.3 -0.8 -0.8 -0.7
KR
Dayou Plus Co Ltd
KRX:000300
6 414.3T KRW 198 090.7 54 884.1 -1 090 285.8 -875 142.5
JP
Denso Corp
TSE:6902
5.5T JPY 0.8 13.2 5.4 9.4
CN
Fuyao Glass Industry Group Co Ltd
SSE:600660
151.3B CNY 3.8 18.6 16.9 16.9
DE
Continental AG
XETRA:CON
15.5B EUR 0.4 12 3.9 6.9
KR
Hyundai Mobis Co Ltd
KRX:012330
22.9T KRW 0.4 5.4 3.5 4.6
JP
Sumitomo Electric Industries Ltd
TSE:5802
2.4T JPY 0.5 12.2 4.6 7.6
IE
Aptiv PLC
NYSE:APTV
15B USD 0.8 9.6 7.1 10.4
IN
Samvardhana Motherson International Ltd
NSE:MOTHERSON
1.1T INR 1 26.1 9.4 16.2
CN
Ningbo Tuopu Group Co Ltd
SSE:601689
83.1B CNY 3.1 28.5 25.9 25.9
DE
HELLA GmbH & Co KGaA
XETRA:HLE
9.7B EUR 1.2 31.1 9.4 24.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Worksport Ltd
NASDAQ:WKSP
Average EV/EBITDA: 9.6
Negative Multiple: -0.8
N/A N/A
KR
Dayou Plus Co Ltd
KRX:000300
Negative Multiple: -1 090 285.8 N/A N/A
JP
Denso Corp
TSE:6902
5.4
8%
0.7
CN
Fuyao Glass Industry Group Co Ltd
SSE:600660
16.9
28%
0.6
DE
Continental AG
XETRA:CON
3.9
8%
0.5
KR
Hyundai Mobis Co Ltd
KRX:012330
3.5
11%
0.3
JP
Sumitomo Electric Industries Ltd
TSE:5802
4.6
2%
2.3
IE
Aptiv PLC
NYSE:APTV
7.1
6%
1.2
IN
Samvardhana Motherson International Ltd
NSE:MOTHERSON
9.4
11%
0.9
CN
Ningbo Tuopu Group Co Ltd
SSE:601689
25.9
36%
0.7
DE
HELLA GmbH & Co KGaA
XETRA:HLE
9.4
7%
1.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Worksport Ltd
NASDAQ:WKSP
Average EV/EBIT: 13.6
Negative Multiple: -0.7
N/A N/A
KR
Dayou Plus Co Ltd
KRX:000300
Negative Multiple: -875 142.5 N/A N/A
JP
Denso Corp
TSE:6902
9.4
N/A N/A
CN
Fuyao Glass Industry Group Co Ltd
SSE:600660
16.9
18%
0.9
DE
Continental AG
XETRA:CON
6.9
15%
0.5
KR
Hyundai Mobis Co Ltd
KRX:012330
4.6
11%
0.4
JP
Sumitomo Electric Industries Ltd
TSE:5802
7.6
N/A N/A
IE
Aptiv PLC
NYSE:APTV
10.4
10%
1
IN
Samvardhana Motherson International Ltd
NSE:MOTHERSON
16.2
15%
1.1
CN
Ningbo Tuopu Group Co Ltd
SSE:601689
25.9
24%
1.1
DE
HELLA GmbH & Co KGaA
XETRA:HLE
24.2
14%
1.7