Worksport (NASDAQ:WKSP – Get Free Report) and Atmus Filtration Technologies (NYSE:ATMU – Get Free Report) are both retail/wholesale companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, earnings, valuation, risk, analyst recommendations, profitability and institutional ownership.
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 ratings and price targets for Worksport and Atmus Filtration Technologies, as provided by MarketBeat.
| 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 |
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 | 3.06 | -$14.93 million | ($0.66) | -0.90 |
| Atmus Filtration Technologies | $1.67 billion | 1.88 | $185.60 million | $2.21 | 17.12 |
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.
Volatility and Risk
Worksport has a beta of 2.11, indicating that its share price is 111% more volatile than the S&P 500. Comparatively, Atmus Filtration Technologies has a beta of 1.83, indicating that its share price is 83% more volatile than the S&P 500.
Institutional & Insider Ownership
16.1% of Worksport shares are held by institutional investors. Comparatively, 32.7% of Atmus Filtration Technologies shares are held by institutional investors. 9.4% of Worksport shares are held by insiders. Comparatively, 0.4% of Atmus Filtration Technologies shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
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.
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