Worksport Ltd (WKSP) Fair Value & Analysis

Consumer Cyclical · US · Market cap $14.5M

Below-average quality, and screening another 21% overvalued on our models.

What matters now

• Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
• A fairly wide model range ($0.3570 to $0.6800) leaves room in how you read the outcome.
• Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range $0.5857 – $131.30 · fair‑value band $0.3570 – $0.6800 · the $0.6900 price screens above the $0.5440 fair value. Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

Worksport Ltd (WKSP) currently trades at $0.6900, while our model-based Fair Value estimate is $0.5440, implying the stock looks roughly 21.2% overvalued today. The Quality Score stands at 48/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at $17.2M. Revenue grew 47.9% year over year. The balance sheet holds a net cash position of $3.0M. Fundamentals as of Jul 22, 2026

Our scenario range runs from $0.3570 (bear case) to $0.6800 (bull case); at $0.6900, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at -21%, WKSP screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Key figures & financial health

Quality Score breakdown

About the company

Worksport Ltd., together with its subsidiary, designs and distributes truck tonneau covers in the United States and internationally. It operates through Hard Tonneau Covers and Soft Tonneau Covers segments.

Full company description

Worksport Ltd., together with its subsidiary, designs and distributes truck tonneau covers in the United States and internationally. It operates through Hard Tonneau Covers and Soft Tonneau Covers segments. The company offers soft tonneau covers, such as vinyl wrapped tri- and quad-fold tonneau covers; and hard tonneau covers, including tri- and quad-fold aluminum covers. It also provides SOLIS, a solar-integrated tonneau cover designed to combine cargo protection with on-vehicle renewable power generation; COR, a portable energy storage system designed to store and deliver electrical power for mobile, off-grid, and backup power applications; and the AetherLux Pro designed as a combined cooling, heating, and power (CCHP) system that redefines energy efficiency in cold climates. The company serves its products to automotive accessories, consumer electronics, and residential and commercial HVAC system markets. Worksport Ltd. is based in West Seneca, New York.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Worksport Ltd reported revenue of $16.1M in FY2025 versus $304K in FY2021, a compound +169.8%/yr. Reported net income was −$19.4M in FY2025.

WKSP screens 21% overvalued. Compare with Hyundai Mobis Co →

Peer Group

Auto Parts · 642 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Valuation Multiples vs Auto Parts median · lower = cheaper

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.