Comparing MetaWorks Platforms (MWRK) & Its Competitors

MetaWorks Platforms (OTCMKTS:MWRK) is one of 180 publicly-traded companies in the “Business services, not elsewhere classified” industry, but how does it weigh in compared to its competitors? We will compare MetaWorks Platforms to similar companies based on the strength of its earnings, risk, valuation, dividends, profitability, institutional ownership and analyst recommendations.

Profitability

This table compares MetaWorks Platforms and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
MetaWorks Platforms	N/A	-249.65%	-157.91%
MetaWorks Platforms Competitors	-24.03%	-163.93%	-15.60%

Analyst Recommendations

This is a breakdown of current ratings and target prices for MetaWorks Platforms and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
MetaWorks Platforms	0	1	0	0	2.00
MetaWorks Platforms Competitors	899	5760	11772	311	2.61

As a group, “Business services, not elsewhere classified” companies have a potential upside of 5.62%. Given MetaWorks Platforms’ competitors stronger consensus rating and higher probable upside, analysts clearly believe MetaWorks Platforms has less favorable growth aspects than its competitors.

Institutional & Insider Ownership

16.1% of MetaWorks Platforms shares are owned by institutional investors. Comparatively, 57.3% of shares of all “Business services, not elsewhere classified” companies are owned by institutional investors. 16.5% of shares of all “Business services, not elsewhere classified” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Earnings & Valuation

This table compares MetaWorks Platforms and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
MetaWorks Platforms	$410,000.00	-$5.65 million	-0.20
MetaWorks Platforms Competitors	$26.13 billion	$484.17 million	20.53

MetaWorks Platforms’ competitors have higher revenue and earnings than MetaWorks Platforms. MetaWorks Platforms is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Volatility and Risk

MetaWorks Platforms has a beta of 1.1, suggesting that its stock price is 10% more volatile than the S&P 500. Comparatively, MetaWorks Platforms’ competitors have a beta of 1.48, suggesting that their average stock price is 48% more volatile than the S&P 500.

Summary

MetaWorks Platforms competitors beat MetaWorks Platforms on 12 of the 13 factors compared.

MetaWorks Platforms Company Profile

MetaWorks Platforms, Inc. provides blockchain and Web3 development platform. It offers turnkey set of services for companies to develop and integrate blockchain and cryptocurrency technologies into their business operations. The company provides business development and technical services; blockchain and technology program management services; customer development services; business launch services; and post-business launch support services. The company was formerly known as CurrencyWorks Inc. and changed its name to MetaWorks Platforms, Inc. in August 2022. MetaWorks Platforms, Inc. was incorporated in 2010 and is based in Fairfield, California.