Contrasting MetaWorks Platforms (MWRK) and Its Peers

MetaWorks Platforms (OTCMKTS:MWRK) is one of 192 public companies in the “Business services, not elsewhere classified” industry, but how does it compare to its peers? We will compare MetaWorks Platforms to related businesses based on the strength of its valuation, analyst recommendations, risk, institutional ownership, dividends, profitability and earnings.

Risk & Volatility

MetaWorks Platforms has a beta of 1.23, meaning that its share price is 23% more volatile than the S&P 500. Comparatively, MetaWorks Platforms’ peers have a beta of 1.26, meaning that their average share price is 26% more volatile than the S&P 500.

Insider & Institutional Ownership

16.1% of MetaWorks Platforms shares are held by institutional investors. Comparatively, 57.6% of shares of all “Business services, not elsewhere classified” companies are held by institutional investors. 16.7% of shares of all “Business services, not elsewhere classified” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

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	-15.36%	-156.04%	-5.03%

Earnings & Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
MetaWorks Platforms	$410,000.00	-$5.65 million	-0.18
MetaWorks Platforms Competitors	$4.18 billion	$437.30 million	-3.22

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

Analyst Recommendations

This is a breakdown of current ratings for MetaWorks Platforms and its peers, 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	908	5927	12187	317	2.62

As a group, “Business services, not elsewhere classified” companies have a potential upside of 9.31%. Given MetaWorks Platforms’ peers stronger consensus rating and higher possible upside, analysts plainly believe MetaWorks Platforms has less favorable growth aspects than its peers.

Summary

MetaWorks Platforms peers beat MetaWorks Platforms on 11 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.