Worksport Ltd. (WKSP) vs Westport Fuel Systems Inc. (WPRT)

Worksport Ltd. and Westport Fuel Systems Inc. are both Auto Parts companies. Westport Fuel Systems Inc. is the larger, with a market value of $38.8M against $6.8M — 5.7× the size. Worksport Ltd. grew revenue faster over the last twelve months: 47.6% against −269.8%. Westport Fuel Systems Inc. has the higher net margin (76.0% vs −114.5%) and the higher return on invested capital (−52.2% vs −55.3%). Across the 17 metrics below, Westport Fuel Systems Inc. leads on 10 and Worksport Ltd. on 7.

Valuation

Metric WKSP WPRT Auto Parts median
P/E n/m n/m 17.92
P/S 0.29 n/m 0.64
P/B 0.27 0.69 1.15
Price to free cash flow n/m n/m 12.82
EV/EBITDA n/m n/m 7.66
EV/Sales 0.51 (0.26) 0.73
Earnings yield (531.82%) (118.72%) 2.73%
Free cash flow yield (443.69%) (37.82%) 3.47%

Profitability

Metric WKSP WPRT Auto Parts median
Gross margin 30.06% 23.10% 22.64%
Operating margin (112.07%) 44.40% 3.67%
Net margin (114.49%) 76.02% 1.68%
Free cash flow margin (126.51%) 24.82% 2.31%
Return on equity (115.14%) (52.01%) 2.35%
Return on assets (81.10%) (23.48%) 0.89%
Return on invested capital (55.31%) (52.22%) 4.55%

Growth

Metric WKSP WPRT Auto Parts median
Revenue growth (TTM) 47.63% (269.81%) 5.00%
EPS growth (last fiscal year) 45.89% (180.31%) —
Revenue growth, 5-year CAGR 115.54% (37.90%) 7.78%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric WKSP WPRT Auto Parts median
Debt to equity 0.28 0.02 0.38
Current ratio 3.79 1.14 1.78
Net debt to EBITDA 0.19 1.32 1.26

Dividend

Metric WKSP WPRT Auto Parts median
Dividend yield — — 2.37%
Payout ratio 0.00 0.00 0.00

Size

Metric WKSP WPRT Auto Parts median
Market cap 6.78m 38.76m 914.31m

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