Financial Review: MetaWorks Platforms (MWRK) & Its Rivals

MetaWorks Platforms (OTCMKTS:MWRK) is one of 179 publicly-traded companies in the “Business services, not elsewhere classified” industry, but how does it contrast to its peers? We will compare MetaWorks Platforms to related companies based on the strength of its profitability, earnings, dividends, institutional ownership, analyst recommendations, valuation and risk.

Profitability

This table compares MetaWorks Platforms and its peers’ 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	-24.32%	-164.83%	-15.84%

Insider and Institutional Ownership

16.1% of MetaWorks Platforms shares are owned by institutional investors. Comparatively, 57.1% of shares of all “Business services, not elsewhere classified” companies are owned by institutional investors. 16.6% of shares of all “Business services, not elsewhere classified” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Risk & Volatility

MetaWorks Platforms has a beta of 1.1, indicating that its stock price is 10% more volatile than the S&P 500. Comparatively, MetaWorks Platforms’ peers have a beta of 1.47, indicating that their average stock price is 47% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of current recommendations for MetaWorks Platforms and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
MetaWorks Platforms	0	1	0	0	2.00
MetaWorks Platforms Competitors	899	5753	11759	311	2.61

As a group, “Business services, not elsewhere classified” companies have a potential upside of 5.64%. Given MetaWorks Platforms’ peers stronger consensus rating and higher possible upside, analysts clearly believe MetaWorks Platforms has less favorable growth aspects than its peers.

Earnings & Valuation

This table compares MetaWorks Platforms and its peers 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	$28.47 billion	$487.44 million	20.73

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

Summary

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

About MetaWorks Platforms

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.