Worksport (OTCMKTS:WKSP – Get Rating) and Envirotech Vehicles (NASDAQ:EVTV – Get Rating) are both small-cap retail/wholesale companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, earnings, profitability, risk and valuation.
Analyst Recommendations
This is a summary of recent ratings for Worksport and Envirotech Vehicles, as reported by MarketBeat.com.
Get Worksport alerts:| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Worksport | 0 | 0 | 1 | 0 | 3.00 |
| Envirotech Vehicles | 0 | 0 | 0 | 0 | N/A |
Worksport currently has a consensus price target of $8.00, indicating a potential upside of 390.80%. Given Worksport's higher probable upside, equities research analysts plainly believe Worksport is more favorable than Envirotech Vehicles.
Risk and Volatility
Worksport has a beta of 0.81, meaning that its stock price is 19% less volatile than the S&P 500. Comparatively, Envirotech Vehicles has a beta of 2.63, meaning that its stock price is 163% more volatile than the S&P 500.Earnings & Valuation
This table compares Worksport and Envirotech Vehicles' gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Worksport | $300,000.00 | 93.40 | -$7.90 million | ($0.81) | -2.01 |
| Envirotech Vehicles | $2.04 million | 21.77 | -$7.65 million | ($0.46) | -6.44 |
Envirotech Vehicles has higher revenue and earnings than Worksport. Envirotech Vehicles is trading at a lower price-to-earnings ratio than Worksport, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Worksport and Envirotech Vehicles' net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Worksport | -13,687.23% | -42.04% | -35.69% |
| Envirotech Vehicles | -100.18% | -10.66% | -10.49% |
Institutional and Insider Ownership
1.6% of Worksport shares are held by institutional investors. Comparatively, 0.2% of Envirotech Vehicles shares are held by institutional investors. 15.4% of Worksport shares are held by company insiders. Comparatively, 5.8% of Envirotech Vehicles shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Summary
Envirotech Vehicles beats Worksport on 7 of the 13 factors compared between the two stocks.
About Worksport
(Get Rating)
Worksport Ltd., through its subsidiary, designs, manufactures, and distributes truck tonneau covers in Canada and the United States. The company offers soft cover (SC) and tough cover (TC) tonneau covers, including SC3, a tri-fold cover that seals around the truck bed with a rubber gasket designed to protect cargo from moisture and debris; SC3pro that allows the operator to open the cover by pulling a release cable; and TC3, a thick aluminum tri-cover panel with a honey-comb core coated in a durable black scratch-resistant powder coating. It is also developing TerraVis, a solar cover tonneau cover that gives rechargeable portable power to pickup truck owners. The company distributes its products through wholesalers and online retail channels. It serves private labels and original equipment manufacturers. Worksport Ltd. has a collaboration agreement with Greatcell Energy Pty Ltd. The company was formerly known as Franchise Holdings International, Inc. and changed its name to Worksport Ltd. in May 2020. Worksport Ltd. is based in Vaughan, Canada.
About Envirotech Vehicles
(Get Rating)
Envirotech Vehicles, Inc. provides zero-emission electric vehicles in the United States. The company also offers vehicle maintenance and inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities. The company was formerly known as ADOMANI, Inc. and changed its name to Envirotech Vehicles, Inc. in May 2021. Envirotech Vehicles, Inc. is based in Osceola, Arkansas.
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