Workhorse Group Inc
NASDAQ:WKHS

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Workhorse Group Inc
NASDAQ:WKHS
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Price: 2.13 USD -3.18% Market Closed
Market Cap: 87.3m USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one WKHS stock under the Base Case scenario is 0.5 USD. Compared to the current market price of 2.13 USD, Workhorse Group Inc is Overvalued by 76%.

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.

WKHS Relative Value
Base Case
0.5 USD
Overvaluation 76%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

9.6
P/S
P/S
Price to Sales
9.6
vs History
79
vs Industry
27
Median 3Y
71.4
Median 5Y
722.7
Industry
0.9
Forward
11
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-63.1
Median 5Y
-76.1
Industry
12.1
Forward
-0.9
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
Median 3Y
-74
Median 5Y
-268.5
Industry
8.8
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-60.9
Median 5Y
-60.9
Industry
12.8
More Details
1.8
P/B
P/B
Price to Book Value
1.8
vs History
80
vs Industry
71
Median 3Y
71.7
Median 5Y
83.2
Industry
1.5
More Details
10.7
EV/S
EV/S
Enterprise Value to Sales
10.7
vs History
79
vs Industry
26
Median 3Y
71.8
Median 5Y
716.9
Industry
1
Forward
12.3
More Details
Negative
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
85
Median 3Y
-202.5
Median 5Y
-295.3
Industry
4.8
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
65
Median 3Y
-56.8
Median 5Y
-153
Industry
8
Forward
-1.5
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
63
Median 3Y
-55.7
Median 5Y
-151.4
Industry
10.2
Forward
-1.4
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
62
Median 3Y
-73.4
Median 5Y
-267.2
Industry
9.2
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
47
Median 3Y
-60.4
Median 5Y
-237.1
Industry
10.5
More Details
1.1
EV/IC
EV/IC
Enterprise Value to IC
1.1
vs History
98
vs Industry
76
Median 3Y
73.3
Median 5Y
373.1
Industry
1.1
More Details

Multiples Across Competitors

WKHS Competitors Multiples
Workhorse Group Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Workhorse Group Inc
NASDAQ:WKHS
87.3m USD 9.6 -0.7 -1.1 -1
US
Tesla Inc
NASDAQ:TSLA
799.9B USD 8.2 112.2 58.6 99.1
JP
Toyota Motor Corp
TSE:7203
37.3T JPY 0.8 7.3 6.7 9.8
CN
BYD Co Ltd
SZSE:002594
1.1T CNY 1.6 32 25.1 25.1
IT
Ferrari NV
MIL:RACE
78.3B EUR 11.7 51.4 31.4 42.5
DE
Mercedes Benz Group AG
MIL:MBG
75.3B EUR 0.5 4.9 4.5 6.1
DE
Daimler AG
XETRA:DAI
67.5B EUR 0.4 3.7 4 5.4
DE
Mercedes-Benz Group AG
XETRA:MBG
60.8B EUR 0.4 5.6 5.5 8.3
DE
Volkswagen AG
XETRA:VOW
52B EUR 0.2 4.2 2.4 5.2
DE
Bayerische Motoren Werke AG
XETRA:BMW
49.2B EUR 0.3 6 3.9 6.3
DE
Dr Ing hc F Porsche AG
XETRA:P911
47.3B EUR 0.8 6.3 3.1 4.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Workhorse Group Inc
NASDAQ:WKHS
Average EV/EBITDA: 14.5
Negative Multiple: -1.1 		N/A N/A
US
Tesla Inc
NASDAQ:TSLA
58.6
29%
2
JP
Toyota Motor Corp
TSE:7203
6.7
0%
N/A
CN
BYD Co Ltd
SZSE:002594
25.1
64%
0.4
IT
Ferrari NV
MIL:RACE
31.4
11%
2.9
DE
Mercedes Benz Group AG
MIL:MBG
4.5
4%
1.1
DE
Daimler AG
XETRA:DAI
4
N/A N/A
DE
Mercedes-Benz Group AG
XETRA:MBG
5.5
-5%
N/A
DE
V
Volkswagen AG
XETRA:VOW
2.4
-3%
N/A
DE
Bayerische Motoren Werke AG
XETRA:BMW
3.9
-5%
N/A
DE
Dr Ing hc F Porsche AG
XETRA:P911
3.1
-3%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Workhorse Group Inc
NASDAQ:WKHS
Average EV/EBIT: 21.2
Negative Multiple: -1 		N/A N/A
US
Tesla Inc
NASDAQ:TSLA
99.1
33%
3
JP
Toyota Motor Corp
TSE:7203
9.8
N/A N/A
CN
BYD Co Ltd
SZSE:002594
25.1
33%
0.8
IT
Ferrari NV
MIL:RACE
42.5
12%
3.5
DE
Mercedes Benz Group AG
MIL:MBG
6.1
3%
2
DE
Daimler AG
XETRA:DAI
5.4
N/A N/A
DE
Mercedes-Benz Group AG
XETRA:MBG
8.3
-12%
N/A
DE
V
Volkswagen AG
XETRA:VOW
5.2
-6%
N/A
DE
Bayerische Motoren Werke AG
XETRA:BMW
6.3
-13%
N/A
DE
Dr Ing hc F Porsche AG
XETRA:P911
4.2
-8%
N/A

See Also

Summary
WKHS intrinsic value, competitors valuation, and company profile.
DCF Valuation
WKHS stock valuation using Discount Cash Flow valuation method.
Relative Valuation
WKHS stock valuation using valuation multiples.
Wall Street Estimates
WKHS price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
WKHS stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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