Worksport Ltd
NASDAQ:WKSP

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Worksport Ltd
NASDAQ:WKSP
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Price: 1.1 USD 0.92% Market Closed
Market Cap: $13.1m

EV/EBIT

-0.4
Current
92%
Cheaper
vs 3-y average of -5.2

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
-0.4
=
Enterprise Value
$8.3m
/
EBIT
$-18.8m

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
-0.4
=
Enterprise Value
$8.3m
/
EBIT
$-18.8m

Valuation Scenarios

Worksport Ltd is trading above its industry average

If EV/EBIT returns to its Industry Average (8), the stock would be worth $-20.37 (1 952% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-3 467%
Maximum Upside
No Upside Scenarios
Average Downside
2 710%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple -0.4 $1.1
0%
Industry Average 8 $-20.37
-1 952%
Country Average 14.5 $-37.04
-3 467%

Forward EV/EBIT
Today’s price vs future ebit

Not enough data available to calculate forward EV/EBIT

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close

Market Distribution

Lower than 100% of companies in Canada
Percentile
0th
Based on 1 813 companies
0th percentile
-0.4
Low
0 — 10.6
Typical Range
10.6 — 20.6
High
20.6 —
Distribution Statistics
Canada
Min 0
30th Percentile 10.6
Median 14.5
70th Percentile 20.6
Max 3 794.4

Worksport Ltd
Glance View

Market Cap
13.1m USD
Industry
Auto Components

Worksport Ltd. designs and distributes pickup truck covers called tonneau covers throughout the United States and Canada. The company is headquartered in Mississauga, Ontario and currently employs 11 full-time employees. The company went IPO on 2001-06-21. The Company, through its subsidiaries, designs, develops, manufactures, and owns the intellectual property (IP) on a variety of tonneau covers, solar integrations, and hydrogen-based, Non-Parasitic (NP) green energy solutions for the renewable, clean energy, and automotive industries. Its Tonneau covers are an aftermarket accessory that provides security and protection for cargo to personal pickup truck owners. The firm is also developing two component system called the TerraVis that consists of a solar tonneau cover and portable core battery. The firm's products include the SC (Soft Cover) SC3, SC3pro and TC (Tough Cover) TC3 lines. The company distributes its tonneau covers through wholesalers and online retail channels in Canada and the United States. The company also provides its tonneau covers for private labels and original equipment manufacturers (OEM).

WKSP Intrinsic Value
1.06 USD
Overvaluation 4%
Intrinsic Value
Price $1.1
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