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RISK CONCERN
Investment Strategy, Risk Analysis, and Insights by Chartered Professionals
WKHS
Primary Facts
Auto Manufacturers
Name:
-
Sector:
- 34338.32K
Industry:
2.99
CEO:
Mr. Duane Hughes
Total Employees:
Small Cap
Our Technological Advancement Rating
Our Rating:
1.257365078
2.424605834
Workhorse Group Inc. (XNAS:WKHS) In-Depth Stock/Fundamental/Options Analysis Today
Primary Targets/Price Insights
Previous Close ($) :
WORKHORSE GROUP INC. (XNAS:WKHS)
One Month Price Target:
Six Month Price Target :
$3.04
Likely Price in One Year's Time:
Ticker:
$3.29
Likely Trading Range Today Under (Normal Volatility)
$3.03
Price Upper limit ($) :
$3.58
Price Lower limit ($) :
Crash Risk Prep/Key Price Levels (High Volatility/Risk)
Price, as per data analysis, isn't likely to fall below:
Today:
P168
This week:
$2.56
This month :
$2.04
Other Primary facts
Market Cap:
163.74M
Market Cap Classification:
481.40M
Number of Shares
IPO Date:
D
Best/Worst Daily Performance (Last 3+ Years)
Highest Daily Appreciation:
-47.46%
$1.09
Worst Daily Decline:
Our Options Trading Entry Points
Iron Condor entry points for options expiring in 1 week's time
Low risk (<2%) entry points
Buy Call:
Sell Call:
Buy Put:
Sell Put:
$4.05
46.57%
$1.93
$4.97
Medium risk (<10%) entry points
Buy Call
Sell Call
$3.56
Buy Put:
Sell Put:
$1.01
$2.42
$3.75
These entry points can be used for other strategies, such as butterflies, straddles, etc.
Risk-Adjusted returns (Sharpe Ratio) of
Auto Manufacturers
Sharpe Ratio:
WKHS, is amongst the top 20% highest yielding stocks in terms of daily returns
Comparison:
3.66%
-0.047384605
Sharpe ratio is -4.74% lower than the industry
Average Returns/Yield of
Auto Manufacturers
Daily returns:
1
Weekly returns:
0.26%
Monthly returns:
1.28%
Yearly returns:
61.22%
Comparison of returns:
0.431451554
Classification:
Average annual returns/yield (last 3 years) is 43.15% above industry average
Results of T-Test of Returns:
WKHS is a riskier investment compared to Nasdaq (IXIC)
Statistical test of Returns:
0.52
Volatility (measured by Standard Deviation)
Daily Volatility:
& ratio is 53.02% higher than the market/S&P 500 average
Weekly Volatility:
7.06%
Monthly Volatility:
15.79%
Yearly Volatility:
31.57%
Volitlilty of last five days (Measured by Standard Deviation)
Average Volatility of this Week:
137.63%
-66.87%
Value at Risk Analysis (VaR)
Daily VaR:
Volatility in last five trading days has been -66.87% below long-term volatility
Weekly VaR:
-14.24%
Monthly VaR:
-31.85%
How Much Can the price of
Auto Manufacturers
Decline in a Recession?
Likely price decline in a recession:
Base case (decline):
Risk of crash in next 6/12 months: Very high (>70%)
Worst case (decline):
$1.39
This translates to price declining to:
-53%
This translates to price declining to:
>85%
Severe Crash Probability
-63.70%
What is Value at Risk (VaR)?
Risk Fundamentals
285.19%
WKHS is a 349.63% riskier investment compared to the market/S&P 500 & is 285.19% riskier than Nasdaq (IXIC)
WKHS is a 349.63% riskier investment compared to the market/S&P 500
Beta Examination of
Auto Manufacturers
2.946
Expected beta in 1 year's time:
0.616
Expected beta in 3 year's time:
1.31
Unlevered (debt free) Beta:
Beta in relation to market/S&P 500--2.95
Beta in relation to Nasdaq (XNAS):
Returns are, approximately, symmetrical
Beta in relation to all global stocks::
Beta is 67.58% above industry average
Beta Comparison & Analysis
Beta of competitors/peers::
2.453
0.594
Average Industry Beta:
Beta is 59.44% higher than peers
0.67584324
Sustainable Growth Rate Analysis
Sustainable growth rate for this stock/firm:
WACC is 96.41% above industry mean WACC
-49.09%
Alpha provided | Alpha Analysis
Alpha provided:
1.853
0.374
24.121
Analysis of Cost of Capital of
Auto Manufacturers
Equity cost of capital:
Alpha is 2412% higher than market/& is unsustainably high
0.536
Unlevered (without debt) cost of capital:
Equity cost of capital is 53.57% above industry mean WACC
Before-tax cost of debt:
19.43%
After-tax cost of debt:
39.70%
Overall debt rating:
31.36%
Weighted average cost of capital (WACC):
39.70%
96.41%
Key Per-Share Metrics & Analysis
Revenue per share:
-
Revenue growth rate per share of (3Y):
Price to sales ratio is -1050.56% below the industry mean
948.88%
EPS:
-
Expected Annual growth rate of EPS (3Y):
-
-61.81%
Free cash flow (FCF) per share:
Price to book ratio is -56.30% below the industry mean
Growth rate in R&D investment/expenditure is -167.70% lower than the industry
-
Debt per share
Debt repayment rate in last quarter: 0.20%
EBITDA per share
Each employee generates 657% more EBITDA than industry average revenue per employee
Valuation Analysis Today of
Auto Manufacturers
P/E Ratio:
Sustainable growth rate is -49.09% below industry average
P/E Ratio of Competitors/Peers:
-
-
-92.5063443
-1.032322107
-
-
P/S (Price to Sales ratio):
-$0.01
-10.50561784
P/B (Price to book value ratio):
Price to sales ratio is -1050.56% below the industry mean
-
-
Net income growth rate (3Y):
Annual revenue growth rate is 948.88% above the industry average
-89.62%
Dividend Analysis
Net income growth rate is -89.62% lower than the industry average net income growth rate
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Dividend History:
-
--$0.00
--$0.00
--$0.00
--$0.00
--$0.00
-
In-depth Debt & Leverage Analysis
Debt to equity ratio:
-85.94%
Net debt to equity ratio:
The remaining useful life of property plant & equipment is: 5.4 years
Debt to assets ratio:
-64.07%
Net debt to assets ratio:
20.38%
-71.91%
Ability to repay debt:
Interest coverage ratio:
Debt-to-asset ratio is -71.91% below industry average
-0.10
Looking forward:
Debt growth rate:
1.2x
-262.18%
0.20%
Analysis of Key Statistics
Correlation of price movement with the market:
6.193542306
Statistical significance of correlation:
-0.94%
Average Correlation of the industry with the market:
0.23
-53.04%
R Squared (percentage of price movement explained by movement of the market):
0.23
Correlation of price movement with Nasdaq (^IXIC):
0.053
Covariance of price movement with the market:
-0.085
Kurtosis
-0.349
6.486
Skewness of returns:
Returns have a significant fat-tails (leptokurtic), i.e., returns considerably higher or lower than the mean returns are more probable, compared to assets with normally distributed returns
0.490
Fundamental Analysis & Dupont Analysis of
Auto Manufacturers
Gross Profit Margin Ratio:
- 131548.85K
Operating Profit Margin Ratio:
Net profit margin is 2958.11% higher than the industry
1921.21%
Net Profit Margin Ratio:
- 131548.85K
Effective Tax Rate:
-0.78%
-0.784643332
Dupont Method
Net Profit Margin
Return on Equity Ratio (ROE):
×
ROA
=
×
Return on assets (ROA) is -9713.06% lower than the industry
-1433.09%
Financial Leverage
Asset Turnover Ratio (ROA):
Operating profit margin is 1921.21% higher than the industry
-9713.06%
Financial Leverage:
Interest coverage ratio is -10.50% less than industry average
Current Ratio:
Return on equity (ROE) is -1433.09% lower than the industry
0.860444361
Cash Conversion Cycle (days):
$0.19
-1.058120948
Current ratio is 86.04% above industry average
Stock based compensation to net income ratio:
-
In-depth Efficiency Analysis
Revenue generated per employee:
Cash conversion cycle is -105.81% below industry average
-1.011814028
EBITDA generated per employee:
Each employee generates -101% less revenue than industry average revenue per employee
6.566615552
Profit generated per employee:
-$1.78
504%
Free cash flow (FCF) generated per employee:
Each employee generates 504% more net income/profit than industry average revenue per employee
4.423889191
Assets/Capital per employee
Each employee generates 442% more free cash flow than industry average revenue per employee
4.423889191
Research & Development (R&D) Analysis
26.90%
-1.677024369
Competitors/Peer firms of
Auto Manufacturers
$7.40
Playa Hotels & Resorts NV (XNAS:PLYA)
Golden Entertainment, Inc. (XNAS:GDEN)
THE CHILDREN'S PLACE, INC. (XNAS:PLCE)
FUNKO, INC. (XNAS:FNKO)
DENNY'S CORPORATION (XNAS:DENN)
GREEN BRICK PARTNERS, INC. (XNYS:GRBK)
LORDSTOWN MOTORS CORP (XNAS:RIDE)
HIBBETT, INC. (XNAS:HIBB)
Current Analyst Ratings
-$2.23
Strong buy�0%
Buy�8%
Hold�0%
Sell�0%
Strong sell�0%
Income Statement
Period:
3/31/2022
Date:
Value
Revenue:
TTM
Cost of Revenue:
Gross Profit:
R&D Expense
General & Admin Expenses:
Selling, General & Admin Expenses
Sales and Marketing Expenses
Other Expenses :
Operating Expenses :
Cost & Expenses :
Interest Income:
Interest Expenses:
Depreciation & Amortization:
EBITDA:
Operating Income:
Other Income Expenses:
Income Before Tax:
Income Tax Expense:
Net Income:
Balance Sheet
Date:
Calendar Year:
Period:
Cash & Cash Equivalents:
Short Term Investments:
Cash & Short Term Investments:
Net Receivables:
Inventory:
Other Current Assets:
Total Current Assets:
PP&E:
Goodwill:
Intangible Assets:
Long Term Investments:
Tax Assets:
Other Non-Current Assets:
Total Non-Current Assets:
Other Assets:
Total Assets:
Accounts Payable:
Short Term Debt:
Tax Payables:
Deferred Revenue:
Other Current Liabilities:
Total Current Liabilities:
Long Term Debt:
Other Non-Current Liabilities:
Total Non Current Liabilities:
Other Liabilities:
Total Liabilities:
Common Stock:
Retained Earnings:
Accumulated Other Comprehensive Loss:
Other Total Stockholders' Equity:
Total Stockholders' Equity:
Total Liabilities and Stockholders' Equity:
Total Investments:
Total Debt:
Net Debt:
- 1358.68K
130.19M
-35669%
11.76M
-
45.19M
-
11.70M
198.83M
-
13.03M
1.92M
-175172%
- 4214.60K
- 98031.68K
-184500%
- 4214.60K
Statement of Cash Flow
Date:
Period:
- 22054.54K
Differed Income Tax :
319.98K
Stock Based Compensation :
-
Change in Working Capital :
2.35M
Accounts Receivables:
- 13958.50K
Other Working Capital:
- 6088.34K
Other Non-Cash Items:
- 268.45K
Net Cash Provided by Operating Activities:
2.60M
Investments in PP&E:
- 30742.48K
Net Acquisitions:
-
Purchases of Investments:
-
Sales/Maturities of Investments:
Other Investing Activities:
Net Cash Used for Investing Activities:
Debt Repayment:
Common Stock Issued:
Common Stock Repurchased:
Dividend Paid:
Other Financing Activities:
Net Cash Used Provided by Financing Activities:
Effect of FOREX on Changes in Cash:
Net Changes in Cash:
Cash at End of Period:
Cash at Beginning of Period:
Operating Cash Flow:
Capital Expenditure:
Free Cash Flow (FCF):
Value
3/31/2022
2022
Q1
167.05M
-
167.05M
51.43K
12.68M
8.87M
188.65M
20.75M
-
-
-
-
126.31K
20.88M
-
209.53M
6.26M
975.47K
-
-
14.26M
21.50M
31.84M
-
31.84M
-
53.33M
151.99K
- 532429.38K
-
Value
68.64M
688.47M
156.19M
209.53M
-
32.81M
-
-
- 3595.84K
- 3595.84K
- 64.93K
-
-
-
- 196.26K
- 261.20K
-
- 34599.52K
167.05M
201.65M
- 30742.48K
- 3595.84K
Our Proprietary Portfolio Rating
Our Rating:
-16995.17262
Price Forecast/Expected Price in Next 5 Years of
Auto Manufacturers
2023
2024
2025
2026
2027
3.5912412
$3.59
$4.30
$5.15
$6.17