Critical Analysis: Worksport (NASDAQ:WKSP) & Fuyao Glass Industry Group (OTCMKTS:FYGGY)

by · The Markets Daily

Worksport (NASDAQ:WKSPGet Free Report) and Fuyao Glass Industry Group (OTCMKTS:FYGGYGet Free Report) are both consumer discretionary companies, but which is the better investment? We will compare the two businesses based on the strength of their institutional ownership, profitability, analyst recommendations, dividends, valuation, earnings and risk.

Institutional and Insider Ownership

16.1% of Worksport shares are held by institutional investors. 5.8% of Worksport shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Analyst Ratings

This is a summary of recent ratings for Worksport and Fuyao Glass Industry Group, as reported by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Worksport10202.33
Fuyao Glass Industry Group00000.00

Worksport currently has a consensus target price of $6.75, suggesting a potential upside of 878.26%. Given Worksport’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Worksport is more favorable than Fuyao Glass Industry Group.

Earnings and Valuation

This table compares Worksport and Fuyao Glass Industry Group”s revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Worksport$16.10 million0.65-$19.35 million($2.72)-0.25
Fuyao Glass Industry GroupN/AN/AN/AN/AN/A

Fuyao Glass Industry Group has lower revenue, but higher earnings than Worksport.

Profitability

This table compares Worksport and Fuyao Glass Industry Group’s net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Worksport-120.65%-103.67%-75.88%
Fuyao Glass Industry GroupN/AN/AN/A

Summary

Worksport beats Fuyao Glass Industry Group on 6 of the 9 factors compared between the two stocks.

About Worksport

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Worksport Ltd., through its subsidiary, designs and distributes truck tonneau covers in Canada and the United States. 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 offers energy products, such as Worksport SOLIS, a tonneau cover with integrated solar panels; and Worksport COR energy storage system, a modular, portable power station. It serves its products to automotive accessories, consumer electronics, and residential and commercial HVAC system markets. The company also sells its products through wholesalers, private labels, distributors, and online retail channels, including eBay, Amazon, Walmart, and e-commerce platform hosted on Shopify. Worksport Ltd. is based in West Seneca, New York.

About Fuyao Glass Industry Group

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Fuyao Glass Industry Group Co., Ltd., together with its subsidiaries, engages in the provision of safety glass solutions and automotive accessories for various transportation vehicles in China and internationally. It designs, manufactures, sells, and services automotive grade float glass, automotive glass, locomotive glass, luggage racks, and vehicle window trims, as well as offers relevant services. The company's glass products include skylight, ultra-insulation, encapsulated, head-up display, semi-tempered and laminated, acoustic, heating, hydrophobic, dimming, antenna, heat insulation, lightweight, and ambient glasses. It also offers photovoltaic and panoramic sunroofs; exterior decoration products; flush styling windows; and encapsulated glass and sliding window assemblies. In addition, the company is involved in research, development, production, and sale of mold, trim parts, refined aluminium automotive decorations, automotive parts, plastic products, and fiber parts. Further, it provides leasing of properties, installation of automotive glass accessories, manufacture of machinery, exploitation and sale of minerals, and provision of warehousing, research and development, technology transfer, technical, and technology promotion services. The company was formerly known as Fujian Yaohua Glass Industry Group Co., Ltd. and changed its name to Fuyao Glass Industry Group Co., Ltd. in June 1992. Fuyao Glass Industry Group Co., Ltd. was founded in 1987 and is headquartered in Fuqing, China.