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WKSP Valuation

Worksport Ltd
$
3.010
+0.07(2.381%)1D
  • Overview
  • Forecast
  • Valuation
  • Earnings

WKSP Relative Valuation

WKSP's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, WKSP is overvalued; if below, it's undervalued.
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Historical Valuation

Worksport Ltd (WKSP) is now in the Undervalued zone, suggesting that its current forward PS ratio of 0.53 is considered Undervalued compared with the five-year average of -3.42. The fair price of Worksport Ltd (WKSP) is between 8.04 to 11.86 according to relative valuation methord. Compared to the current price of 3.01 USD , Worksport Ltd is Undervalued By 62.56%.
Relative Value
Fair Zone
8.04-11.86
Current Price:3.01
62.56%
Undervalued
-1.78
PE
1Y
3Y
5Y
Trailing
Forward
-7.52
EV/EBITDA
Worksport Ltd. (WKSP) has a current EV/EBITDA of -7.52. The 5-year average EV/EBITDA is -3.26. The thresholds are as follows: Strongly Undervalued below -10.15, Undervalued between -10.15 and -6.71, Fairly Valued between 0.18 and -6.71, Overvalued between 0.18 and 3.62, and Strongly Overvalued above 3.62. The current Forward EV/EBITDA of -7.52 falls within the Undervalued range.
-2.40
EV/EBIT
Worksport Ltd. (WKSP) has a current EV/EBIT of -2.40. The 5-year average EV/EBIT is -2.84. The thresholds are as follows: Strongly Undervalued below -10.20, Undervalued between -10.20 and -6.52, Fairly Valued between 0.83 and -6.52, Overvalued between 0.83 and 4.51, and Strongly Overvalued above 4.51. The current Forward EV/EBIT of -2.40 falls within the Historic Trend Line -Fairly Valued range.
0.53
PS
Worksport Ltd. (WKSP) has a current PS of 0.53. The 5-year average PS is 41.57. The thresholds are as follows: Strongly Undervalued below -148.79, Undervalued between -148.79 and -53.61, Fairly Valued between 136.76 and -53.61, Overvalued between 136.76 and 231.94, and Strongly Overvalued above 231.94. The current Forward PS of 0.53 falls within the Historic Trend Line -Fairly Valued range.
-6.41
P/OCF
Worksport Ltd. (WKSP) has a current P/OCF of -6.41. The 5-year average P/OCF is 126.63. The thresholds are as follows: Strongly Undervalued below -1012.27, Undervalued between -1012.27 and -442.82, Fairly Valued between 696.08 and -442.82, Overvalued between 696.08 and 1265.53, and Strongly Overvalued above 1265.53. The current Forward P/OCF of -6.41 falls within the Historic Trend Line -Fairly Valued range.
-3.24
P/FCF
Worksport Ltd. (WKSP) has a current P/FCF of -3.24. The 5-year average P/FCF is 6.74. The thresholds are as follows: Strongly Undervalued below -429.06, Undervalued between -429.06 and -211.16, Fairly Valued between 224.65 and -211.16, Overvalued between 224.65 and 442.55, and Strongly Overvalued above 442.55. The current Forward P/FCF of -3.24 falls within the Historic Trend Line -Fairly Valued range.
Worksport Ltd (WKSP) has a current Price-to-Book (P/B) ratio of 0.94. Compared to its 3-year average P/B ratio of 1.30 , the current P/B ratio is approximately -27.81% higher. Relative to its 5-year average P/B ratio of 6.50, the current P/B ratio is about -85.58% higher. Worksport Ltd (WKSP) has a Forward Free Cash Flow (FCF) yield of approximately -54.87%. Compared to its 3-year average FCF yield of -66.33%, the current FCF yield is approximately -17.28% lower. Relative to its 5-year average FCF yield of -44.06% , the current FCF yield is about 24.51% lower.
0.94
P/B
Median3y
1.30
Median5y
6.50
-54.87
FCF Yield
Median3y
-66.33
Median5y
-44.06
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Competitors Valuation Multiple

The average P/S ratio for WKSP's competitors is 4.48, providing a benchmark for relative valuation. Worksport Ltd Corp (WKSP) exhibits a P/S ratio of 0.53, which is -88.14% above the industry average. Given its robust revenue growth of 113.63%, this premium appears sustainable.
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Performance Decomposition

1Y
3Y
5Y
Market capitalization of WKSP decreased by 49.75% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 1.92M to 4.10M.
The secondary factor is the Margin Expansion, contributed -56.44%to the performance.
Overall, the performance of WKSP in the past 1 year is driven by Revenue Growth. Which is more sustainable.
113.63%
1.92M → 4.10M
Revenue Growth
+
-56.44%
-208.86 → -90.97
Margin Expansion
+
-106.94%
10.14 → -0.70
P/E Change
=
-49.75%
5.99 → 3.01
Mkt Cap Growth

FAQ

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Is Worksport Ltd (WKSP) currently overvalued or undervalued?

Worksport Ltd (WKSP) is now in the Undervalued zone, suggesting that its current forward PS ratio of 0.53 is considered Undervalued compared with the five-year average of -3.42. The fair price of Worksport Ltd (WKSP) is between 8.04 to 11.86 according to relative valuation methord. Compared to the current price of 3.01 USD , Worksport Ltd is Undervalued By 62.56% .
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What is Worksport Ltd (WKSP) fair value?

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How does WKSP's valuation metrics compare to the industry average?

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What is the current P/B ratio for Worksport Ltd (WKSP) as of Aug 27 2025?

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What is the current FCF Yield for Worksport Ltd (WKSP) as of Aug 27 2025?

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What is the current Forward P/E ratio for Worksport Ltd (WKSP) as of Aug 27 2025?

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What is the current Forward P/S ratio for Worksport Ltd (WKSP) as of Aug 27 2025?