Workhorse Group Inc. (WKHS)
Total Valuation
WKHS has a market cap or net worth of $71.71 million. The enterprise value is $64.89 million.
Market Cap | 71.71M |
Enterprise Value | 64.89M |
Important Dates
The last earnings date was Tuesday, March 12, 2024, before market open.
Earnings Date | Mar 12, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
WKHS has 314.83 million shares outstanding. The number of shares has increased by 30.72% in one year.
Shares Outstanding | 314.83M |
Shares Change (YoY) | +30.72% |
Shares Change (QoQ) | -3.98% |
Owned by Insiders (%) | 6.39% |
Owned by Institutions (%) | 16.37% |
Float | 308.81M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | n/a |
PS Ratio | 5.48 |
Forward PS | 1.11 |
PB Ratio | 0.86 |
P/FCF Ratio | n/a |
PEG Ratio | n/a |
Enterprise Valuation
EV / Earnings | n/a |
EV / Sales | 4.96 |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.76, with a Debt / Equity ratio of 0.35.
Current Ratio | 1.76 |
Quick Ratio | 0.76 |
Debt / Equity | 0.35 |
Debt / EBITDA | n/a |
Debt / FCF | n/a |
Interest Coverage | -13.21 |
Financial Efficiency
Return on equity (ROE) is -121.50% and return on invested capital (ROIC) is -93.90%.
Return on Equity (ROE) | -121.50% |
Return on Assets (ROA) | -76.70% |
Return on Capital (ROIC) | -93.90% |
Revenue Per Employee | $43,942 |
Profits Per Employee | -$415,836 |
Employee Count | 298 |
Asset Turnover | 0.08 |
Inventory Turnover | 1.41 |
Taxes
Income Tax | -110,524 |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -81.74% in the last 52 weeks. The beta is 2.50, so WKHS's price volatility has been higher than the market average.
Beta (1Y) | 2.50 |
52-Week Price Change | -81.74% |
50-Day Moving Average | 0.28 |
200-Day Moving Average | 0.54 |
Relative Strength Index (RSI) | 40.26 |
Average Volume (30 Days) | 8,773,572 |
Short Selling Information
The latest short interest is 52.37 million, so 16.63% of the outstanding shares have been sold short.
Short Interest | 52.37M |
Short Previous Month | 52.84M |
Short % of Shares Out | 16.63% |
Short % of Float | 16.96% |
Short Ratio (days to cover) | 5.97 |
Income Statement
In the last 12 months, WKHS had revenue of $13.09 million and -$123.92 million in losses. Loss per share was -$0.60.
Revenue | 13.09M |
Gross Profit | -25.26M |
Operating Income | -105.30M |
Pretax Income | -124.03M |
Net Income | -123.92M |
EBITDA | -109.73M |
EBIT | -115.30M |
Loss Per Share | -$0.60 |
Balance Sheet
The company has $35.85 million in cash and $29.02 million in debt, giving a net cash position of $6.82 million or $0.02 per share.
Cash & Cash Equivalents | 35.85M |
Total Debt | 29.02M |
Net Cash | 6.82M |
Net Cash Per Share | $0.02 |
Equity / Book Value | 83.11M |
Book Value Per Share | 0.26 |
Working Capital | 40.54M |
Cash Flow
In the last 12 months, operating cash flow was -$123.02 million and capital expenditures -$18.69 million, giving a free cash flow of -$141.71 million.
Operating Cash Flow | -123.02M |
Capital Expenditures | -18.69M |
Free Cash Flow | -141.71M |
FCF Per Share | -$0.68 |
Margins
Gross margin is -192.87%, with operating and profit margins of -804.13% and -946.33%.
Gross Margin | -192.87% |
Operating Margin | -804.13% |
Pretax Margin | -947.17% |
Profit Margin | -946.33% |
EBITDA Margin | -837.96% |
EBIT Margin | -880.49% |
FCF Margin | -1,082.20% |
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 | -30.72% |
Shareholder Yield | -30.72% |
Earnings Yield | -172.79% |
FCF Yield | -197.60% |
Analyst Forecast
The average price target for WKHS is $1.60, which is 589.95% higher than the current price. The consensus rating is "Hold".
Price Target | $1.60 |
Price Target Difference | 589.95% |
Analyst Consensus | Hold |
Analyst Count | 4 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on December 11, 2015. It was a reverse split with a ratio of 1:10.
Last Split Date | Dec 11, 2015 |
Split Type | Reverse |
Split Ratio | 1:10 |
Scores
WKHS has an Altman Z-Score of -8.94 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | -8.94 |
Piotroski F-Score | 4 |