Comparing Worksport (NASDAQ:WKSP) & Atmus Filtration Technologies (NYSE:ATMU)

Worksport (NASDAQ:WKSP) and Atmus Filtration Technologies (NYSE:ATMU) are both retail/wholesale companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, risk, institutional ownership, earnings, dividends, analyst recommendations and valuation.

Earnings & Valuation

This table compares Worksport and Atmus Filtration Technologies”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Worksport	$6.40 million	2.89	-$14.93 million	($0.66)	-0.85
Atmus Filtration Technologies	$1.67 billion	1.77	$185.60 million	$2.21	16.17

Atmus Filtration Technologies has higher revenue and earnings than Worksport. Worksport is trading at a lower price-to-earnings ratio than Atmus Filtration Technologies, indicating that it is currently the more affordable of the two stocks.

Risk and Volatility

Worksport has a beta of 2.11, meaning that its share price is 111% more volatile than the S&P 500. Comparatively, Atmus Filtration Technologies has a beta of 1.83, meaning that its share price is 83% more volatile than the S&P 500.

Institutional and Insider Ownership

16.1% of Worksport shares are owned by institutional investors. Comparatively, 32.7% of Atmus Filtration Technologies shares are owned by institutional investors. 9.4% of Worksport shares are owned by insiders. Comparatively, 0.4% of Atmus Filtration Technologies shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares Worksport and Atmus Filtration Technologies’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Worksport	-242.68%	-85.53%	-58.92%
Atmus Filtration Technologies	11.12%	120.81%	17.99%

Analyst Ratings

This is a summary of current recommendations and price targets for Worksport and Atmus Filtration Technologies, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Worksport	0	0	2	0	3.00
Atmus Filtration Technologies	0	1	4	0	2.80

Worksport currently has a consensus target price of $1.75, suggesting a potential upside of 212.00%. Atmus Filtration Technologies has a consensus target price of $43.00, suggesting a potential upside of 20.29%. Given Worksport’s stronger consensus rating and higher possible upside, research analysts clearly believe Worksport is more favorable than Atmus Filtration Technologies.

Summary

Atmus Filtration Technologies beats Worksport on 9 of the 14 factors compared between the two stocks.

About Worksport

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 Atmus Filtration Technologies

Atmus Filtration Technologies Inc. designs, manufactures, and sells filtration products under the Fleetguard brand name in North America, Europe, South America, Asia, Australia, Africa, and internationally. The company offers fuel filters, lube filters, air filters, crankcase ventilation, hydraulic filters, coolants, and fuel additives, as well as other chemicals; and fuel water separators and other filtration systems to original equipment manufacturers, dealers/distributors, and end-users. Its products are used in on-highway commercial vehicles and off-highway agriculture, construction, mining, and power generation vehicles and equipment. The company was founded in 1958 and is headquartered in Nashville, Tennessee.