Workhorse Group Inc. (WKHS)

Workhorse Group Statistics

Total Valuation

WKHS has a market cap or net worth of $27.40 million. The enterprise value is $44.99 million.

Market Cap	27.40M
Enterprise Value	44.99M

Important Dates

The next estimated earnings date is Tuesday, March 11, 2025, before market open.

Earnings Date	Mar 11, 2025
Ex-Dividend Date	n/a

Share Statistics

WKHS has 40.98 million shares outstanding. The number of shares has increased by 98.39% in one year.

Current Share Class	40.98M
Shares Outstanding	40.98M
Shares Change (YoY)	+98.39%
Shares Change (QoQ)	+35.72%
Owned by Insiders (%)	0.73%
Owned by Institutions (%)	4.83%
Float	37.45M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	1.33
Forward PS	1.27
PB Ratio	0.45
P/TBV Ratio	0.58
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	4.95
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.16, with a Debt / Equity ratio of 0.44.

Current Ratio	1.16
Quick Ratio	0.14
Debt / Equity	0.44
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-6.13

Financial Efficiency

Return on equity (ROE) is -157.31% and return on invested capital (ROIC) is -60.95%.

Return on Equity (ROE)	-157.31%
Return on Assets (ROA)	-46.77%
Return on Capital (ROIC)	-60.95%
Revenue Per Employee	$30,529
Profits Per Employee	-$422,376
Employee Count	298
Asset Turnover	0.07
Inventory Turnover	0.94

Taxes

Income Tax	-110,524
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -88.15% in the last 52 weeks. The beta is 2.70, so WKHS's price volatility has been higher than the market average.

Beta (5Y)	2.70
52-Week Price Change	-88.15%
50-Day Moving Average	0.94
200-Day Moving Average	1.73
Relative Strength Index (RSI)	36.23
Average Volume (20 Days)	3,364,855

Short Selling Information

The latest short interest is 8.10 million, so 19.77% of the outstanding shares have been sold short.

Short Interest	8.10M
Short Previous Month	5.98M
Short % of Shares Out	19.77%
Short % of Float	21.63%
Short Ratio (days to cover)	5.00

Income Statement

In the last 12 months, WKHS had revenue of $9.10 million and -$125.87 million in losses. Loss per share was -$6.93.

Revenue	9.10M
Gross Profit	-30.33M
Operating Income	-92.68M
Pretax Income	-128.19M
Net Income	-125.87M
EBITDA	-85.13M
EBIT	-92.68M
Loss Per Share	-$6.93

Balance Sheet

The company has $3.24 million in cash and $20.84 million in debt, giving a net cash position of -$17.60 million or -$0.43 per share.

Cash & Cash Equivalents	3.24M
Total Debt	20.84M
Net Cash	-17.60M
Net Cash Per Share	-$0.43
Equity (Book Value)	47.26M
Book Value Per Share	1.48
Working Capital	7.88M

Cash Flow

In the last 12 months, operating cash flow was -$67.59 million and capital expenditures -$6.19 million, giving a free cash flow of -$73.78 million.

Operating Cash Flow	-67.59M
Capital Expenditures	-6.19M
Free Cash Flow	-73.78M
FCF Per Share	-$1.80

Margins

Gross Margin	n/a
Operating Margin	-1,018.74%
Pretax Margin	-1,384.72%
Profit Margin	n/a
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	n/a

Dividends & Yields

WKHS does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-98.39%
Shareholder Yield	-98.39%
Earnings Yield	-459.44%
FCF Yield	-269.31%

Analyst Forecast

The average price target for WKHS is $5.75, which is 760.14% higher than the current price. The consensus rating is "Sell".

Price Target	$5.75
Price Target Difference	760.14%
Analyst Consensus	Sell
Analyst Count	3
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on June 17, 2024. It was a reverse split with a ratio of 0.05:1.

Last Split Date	Jun 17, 2024
Split Type	Reverse
Split Ratio	0.05:1

Scores

WKHS has an Altman Z-Score of -13.62 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-13.62
Piotroski F-Score	2